Saturday 17 October 2026 Export STRA’s income statement to Excel — free account

Strategic Education Inc.

STRA Consumer Defensive Education & Training Services

Strategic Education Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 3.96% from fiscal 2024. In the quarter to June 2026, revenue grew 4.91%, EPS grew 23.4% and free cash flow fell 26.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

81.33 1.06 −1.29%

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Market cap: $1.8B
P/E: 13.2×
Fwd P/E: 10.2×
Dividend yield: 2.95%
F-score: 8/9
Altman Z: 3.91
Beneish M: −2.55
Dividend safety: 81/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.11

Total sells 5.17

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	1	—	—	—	—	—	—
Sell	—	1	—	1	3	—	1	1	—	—	—	—

Insider Ownership 0.10%

Capital & Financial Ratios $m

Market Cap 1,830.00

Revenue 1,286.35

Net Income 134.51

Free Cash Flow 170.79

Net Debt (128.75)

Current Ratio 1.10

Debt/Equity 0.00

P/E ratio 13.22

Fwd P/E 10.20

P/S ratio 1.35

P/B ratio 1.06

Past 5Y EPS Growth 7.49%

This Y EPS Growth 16.61%

Next Y EPS Growth 17.21%

Next Y revenue growth 2.51%

Next 5Y EPS Growth 17.17%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 6.17%

10-year low 10-year high

P/S against its own 10 years 14.04%

10-year low 10-year high

P/B against its own 10 years 17.80%

10-year low 10-year high

EV/Sales against its own 10 years 16.99%

10-year low 10-year high

EV/FCF against its own 10 years 11.28%

10-year low 10-year high

Dividends

Payout Ratio 0.40

Annual Dividend Rate 2.40

Annual Dividend Yield 2.95%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.46	0.60 0.60 0.60
2025	2.40	0.60 0.60 0.60 0.60
2024	2.40	0.60 0.60 0.60 0.60
2023	2.40	0.60 0.60 0.60 0.60
2022	2.40	0.60 0.60 0.60 0.60
2021	2.40	0.60 0.60 0.60 0.60
2020	2.40	0.60 0.60 0.60 0.60
2019	2.60	0.50 0.50 0.50 0.50 0.60
2018	1.50	0.25 0.25 0.50 0.50
2017	1.00	0.25 0.25 0.25 0.25

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	208	184	148	129
Receivables	76	76	81	106
Inventory	—	—	—	—
Other	45	45	49	56
	329	305	278	290

	2023	2024	2025	Q'26
Payables	91	102	106	117
ST’ Debt	—	—	—	—
Other	92	90	96	133
	210	216	218	265

Compound Annual Growth %

	10y	5y	3y
Sales	11.31%	4.30%	5.98%
Cash Flow	9.84%	6.76%	16.28%
Earnings	12.21%	7.98%	39.47%
Book Value	27.69%	(1.19%)	0.22%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	306	337	—	—	—
’25	304	321	320	323	1,268
’24	290	312	306	311	1,220
’23	257	288	286	303	1,133
’22	259	274	263	270	1,065
’21	290	299	270	272	1,132
’20	265	256	239	267	1,028

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	87	29	—	—	—
’25	68	31	60	39	198
’24	78	24	51	16	169
’23	35	5	46	30	117
’22	57	24	44	1	126
’21	79	47	35	19	181
’20	69	43	47	(16)	143

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	77	15	—	—	—
’25	57	20	49	29	156
’24	68	14	42	5	129
’23	27	2	37	20	86
’22	47	11	34	(3)	89
’21	66	37	29	8	139
’20	54	32	38	(28)	96

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.48	1.71	—	—	—
’25	1.24	1.37	1.15	1.66	5.41
’24	1.23	1.24	1.15	1.05	4.67
’23	(0.09)	0.59	0.77	1.63	2.91
’22	0.29	0.63	0.25	0.77	1.94
’21	0.40	0.83	0.16	0.90	2.28
’20	1.60	1.55	0.47	0.25	3.77

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	42.39	71.31	80.75	106.20	81.83	52.67	48.01	64.53	85.11	72.25	Analyst estimates 2026–2028 Powerpack
	High	83.92	100.72	154.89	189.79	187.98	96.73	82.42	98.22	123.62	104.51
People
People	Employees	1,542	1,389	3,017	3,076	3,679	3,742	3,907	3,774	6,488	6,134
	Revenue/emp, $m	0.29	0.33	0.21	0.32	0.28	0.30	0.27	0.30	0.19	0.21
Income, $m
Income, $m	Revenue	441	455	634	997	1,028	1,132	1,065	1,133	1,220	1,268
	Gross margin, %	45.11	40.87	41.41	46.79	48.17	46.25	43.94	44.93	46.68	48.97
	EBT	57	53	(19)	124	114	77	70	101	161	177
	EBT margin, %	12.99	11.57	(3.02)	12.41	11.09	6.77	6.53	8.89	13.23	13.99
	Net income	35	21	(16)	81	86	55	47	70	113	127
	Depreciation	16	19	75	105	110	104	64	58	45	48
Per share, $
Per share, $	Revenue	41.57	42.60	41.75	45.90	45.41	47.24	45.00	48.41	52.12	55.75
	Earnings	3.28	1.93	(1.03)	3.73	3.81	2.30	1.97	2.98	4.81	5.57
	Cash flow	4.20	5.26	3.09	9.30	6.31	7.54	5.32	5.00	7.23	8.71
	Capex	(1.24)	(1.69)	(1.81)	(1.78)	(2.07)	(1.72)	(1.55)	(1.33)	(1.73)	(1.85)
	Free cash flow	2.96	3.57	1.27	7.52	4.25	5.82	3.78	3.68	5.50	6.86
	Book value	17.75	19.59	93.83	67.33	77.25	71.55	69.08	70.61	71.03	72.37
	Shares, m	11	11	15	22	23	24	24	23	23	23
Valuation, ×
Valuation, ×	P/E	25.05	47.25	0.00	42.60	24.32	25.15	40.27	30.94	19.42	14.37
	P/S	1.97	2.14	2.72	3.46	2.10	1.22	1.76	1.90	1.79	1.44
	P/B	4.61	4.65	1.21	2.36	1.23	0.81	1.15	1.31	1.32	1.11
	EV/Sales	1.94	2.05	2.35	3.09	2.05	1.11	1.66	1.78	1.70	1.38
	EV/FCF	27.28	24.50	77.10	18.87	21.96	9.02	19.72	23.44	16.08	11.17
Cash, $m
Cash, $m	Operating cash flow	45	56	47	202	143	181	126	117	169	198
	Capex	(13)	(18)	(28)	(39)	(47)	(41)	(37)	(31)	(41)	(42)
	Free cash flow	31	38	19	163	96	139	89	86	129	156
Balance, $m
Balance, $m	Working capital	101	121	295	367	86	172	119	119	88	60
	Total debt	—	—	—	81	142	142	101	61	61	—
	Net debt	(129)	(156)	(349)	(374)	(53)	(134)	(121)	(147)	(123)	(148)
	Shareholders’ equity	188	209	1,425	1,463	1,748	1,714	1,636	1,653	1,662	1,646
Returns, %
Returns, %	ROA	12.72	6.65	(1.58)	4.70	4.22	2.39	2.09	3.26	5.40	6.19
	ROIC	60.75	61.26	(1.32)	6.34	4.03	2.92	2.92	3.96	6.32	7.27
	ROE	21.01	10.37	(1.92)	5.62	5.37	3.18	2.79	4.24	6.80	7.65

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LRN Stride, Inc.	$3.5B	10.4×	13.4×	−2.69% (below 0%: shrinking)	+62.18% (above 0%: growing)	+3.70% (above 0%: growing)	34.16%	16.64%	Compare
MH McGraw Hill, Inc.	$2.7B	27.7×	15.6×	+2.65% (above 0%: growing)	+9,900.00% (above 0%: growing)	+57.50% (above 0%: growing)	79.87%	20.78%	Compare
PRDO Perdoceo Education Corporation	$2.1B	12.0×	11.7×	+1.80% (above 0%: growing)	+22.22% (above 0%: growing)	−3.87% (below 0%: shrinking)	76.15%	25.72%	Compare
STRA Strategic Education Inc.	$1.8B	13.2×	10.2×	+4.91% (above 0%: growing)	+23.40% (above 0%: growing)	−26.16% (below 0%: shrinking)	47.26%	14.97%
COUR Coursera, Inc.	$1.4B	— (loss-making)	— (loss-making)	+59.59% (above 0%: growing)	n/m	−190.46% (below 0%: shrinking)	58.07%	(28.37%)	Compare
AFYA Afya Limited	$1.3B	8.8×	7.7×	+18.55% (above 0%: growing)	+29.41% (above 0%: growing)	+59.54% (above 0%: growing)	61.59%	30.64%	Compare
UTI Universal Technical Institute Inc	$1.1B	32.8×	56.3×	+7.15% (above 0%: growing)	−80.00% (below 0%: shrinking)	−408.92% (below 0%: shrinking)	45.94%	1.48%	Compare
APEI American Public Education, Inc.	$899.2M	19.6×	20.9×	+5.51% (above 0%: growing)	n/m	−77.96% (below 0%: shrinking)	55.37%	7.88%	Compare
PXED Phoenix Education Partners, Inc.	$864.4M	10.2×	10.5×	+0.04% (above 0%: growing)	−29.07% (below 0%: shrinking)	+31.81% (above 0%: growing)	100.00%	19.07%	Compare
Median of peers	$1.3B	12.0×	13.4×	+4.08%	+25.82%	−0.09%	59.83%	17.86%

All 46 Education & Training Services stocks →

Strategic Education Inc. (STRA) key facts

Strength: Strategic Education Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 3.96% from fiscal 2024.
Strength: Net income was $126.6 million, or $5.57 per share (basic), a net margin of 9.98%.
Strategic Education Inc. (STRA) is an Education & Training Services company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, STRA traded at $81.33, a market capitalization of $1.8 billion.
At that price the stock trades at 13.2× trailing-twelve-month earnings and 1.4× sales; its P/E is higher than 6% of its own readings over the past ten years.
Strategic Education Inc. pays an annual dividend of $2.40 per share, a yield of 2.95%, with a payout ratio of 40.0%.
Return on equity was 7.65% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 3.91 (safe zone) for fiscal 2025.