Strategic Education, Inc.

Strategic Education, Inc.

STRA
Strategic Education, Inc.US flagNASDAQ Global Select
81.59
USD
-0.31
- -
1.85BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
47.58
42.23
41.03
41.57
42.6
41.75
45.9
45.41
47.24
45
48.41
52.12
55.75
58.62
Basic EPS, GAAP
1.55
4.39
3.78
3.28
1.93
-1.03
3.73
3.81
2.3
1.97
2.98
4.81
5.57
6.13
Free Cash Flow per Basic Share
7.12
6.73
6.13
2.96
3.57
1.27
7.52
4.25
5.47
3.5
3.43
5.5
6.77
7.68
Dividend per Share
- -
- -
- -
- -
1.07
1.83
2.15
2.47
2.46
2.5
2.51
2.52
2.53
2.52
Book Value per Share
3.6
8.5
12.95
16.98
18.73
65.55
66.59
71.6
69.7
67.03
67.71
67.85
71.68
72.24
Tangible Book Value per Share
2.97
7.88
12.34
15.11
16.23
16.76
20.83
4.23
6.17
5.08
6.11
8.59
6.74
5.5
Basic Weighted Avg Shares
11
11
11
11
11
15
22
23
24
24
23
23
23
22
Sales/Revenue/Turnover
504
446
434
441
455
634
997
1,028
1,132
1,065
1,133
1,220
1,268
1,286
Operating Margin (%)
6.49
18.33
16.04
12.3
12.44
6.77
13.28
13.19
9.77
6.94
9.98
12.89
15.47
15.7
Depreciation Expense
36
21
18
18
19
55
105
109
103
63
57
44
48
47
Net Income, GAAP
16
46
40
35
21
-16
81
86
55
47
70
113
127
135
Effective Tax Rate (%)
39.8
39.5
39.48
39.26
60.85
- -
34.42
24.3
28.08
32.92
30.71
30.2
28.63
26.92
Profit Margin (%)
3.26
10.39
9.21
7.89
4.53
-2.47
8.14
8.39
4.87
4.38
6.16
9.24
9.98
10.46
Working Capital
82
140
75
101
121
295
367
86
172
119
119
88
60
25
LT Debt
120
114
3
3
3
2
81
248
304
235
189
103
93
92
Total Equity
39
93
143
188
209
1,425
1,463
1,748
1,714
1,636
1,653
1,662
1,646
1,634
Return on Invested Capital (%)
12.42
27.53
24.55
20.51
11.56
- -
5.91
5.83
4
2.58
4.26
6.17
8.13
8.6
Return on Capital (%)
11.89
26.44
23.63
20.88
10.35
- -
5.42
4.79
2.7
2.37
3.71
6.17
7.15
7.63
Return on Common Equity (%)
41.12
70.43
33.98
21.01
10.37
-1.92
5.62
5.37
3.18
2.79
4.24
6.8
7.65
8.15

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16
14
15
LT Borrowings
- -
- -
- -
LT Finance Leases
93
95
92
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
1,842
1,876
1,733

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
278
304
290
Cash, Cash Equivalents & STI
148
158
129
Accounts Receivable, Net
78
86
101
Inventories
- -
- -
- -
Total Current Liabilities
218
263
265
Payables & Accruals
64
77
66
ST Debt
16
14
15
Deferred Revenue
96
132
133

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
64.05%
-1.17%
-0.97%
Free Cash Flow
70.19%
15.31%
19.57%
Net Income, GAAP
-76.93%
14.39%
12.36%
Sales/Revenue/Turnover
12.66%
4.45%
3.96%
Total Cash Common Dividend
- -
0.59%
-2.42%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
290
312
306
311
1,220
2025
304
321
320
323
1,268
2026
306
337
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.27
1.28
1.18
1.08
4.81
2025
1.28
1.41
1.18
1.71
5.57
2026
1.52
1.74
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
0.63
0.63
0.63
2.52
2025
0.63
0.63
0.63
0.64
2.53
2026
0.63
0.62
- -
- -
- -

Company Description

CEO
Karl McDonnell
Full Time Employees
6,134
Sector
Consumer Defensive
Industry
Education & Training Services
Address
2303 Dulles Station Boulevard Herndon VA United States of America 20171
IPO Date
Jul 25, 1996
Business
Strategic Education, Inc. operates as an education services holding company providing higher education and workforce education solutions primarily through its wholly owned subsidiaries including Strayer University, Capella University, Torrens University Australia, Think Education, Media Design School, Hackbright Academy, DevMountain, Sophia Learning, and the Jack Welch Management Institute. The company offers a comprehensive suite of educational products and services including accredited online and campus-based degree programs (associate, bachelor’s, master’s, and doctoral levels); non-degree credentialing and workforce skill development pathways; technology-driven education platforms; and employer-sponsored tuition assistance programs such as Workforce Edge and Degrees@Work. It targets adult learners and working professionals seeking career advancement and reskilling opportunities, partnering with over 1,400 employers to provide customized education benefits and solutions designed to align learning outcomes with evolving workforce demands. Founded in 1997 and headquartered in Herndon, Virginia, Strategic Education operates extensively in the United States, Australia, and New Zealand. Recent major developments include the company's strategic expansion through acquisitions and partnerships, notably the acquisition of Torrens University and related assets in Australia and New Zealand, enhancing its international footprint and diversified education portfolio. It completed the merger with Capella Education Company, further solidifying its position in the online education market. In 2025, Strategic Education reported strong growth in its Education Technology Services segment, with revenue up approximately 50% year-over-year, driven by the rapid subscriber growth of the Sophia Learning platform. The company also expanded its employer partnership model, exemplified by managing Best Buy’s expanded Degrees@Work program to provide no-cost college degree options to employees through Strayer University. Operationally, the company maintained solid financial discipline, generating a 4.6% year-over-year revenue increase to $321.5 million in Q2 2025 and declared regular dividends to shareholders. Its workforce-focused solutions continue to evolve to address skills gaps and enhance employee career development through scalable, technology-enabled learning environments. Strategic Education’s business segments include U.S. Higher Education, Education Technology Services, and International Higher Education, serving roughly 80,000 students globally. The company provides a diverse range of educational products and services focused on adult learners, delivering career-relevant content across multiple delivery platforms and maintaining a broad portfolio of for-profit accredited institutions and coding bootcamps. It leverages employer affiliations to increase enrollment and engagement among working adults, with a significant portion of its U.S. higher education enrollment attributed to healthcare and employer-affiliated students. Strategic Education continuously innovates in online education, workforce skills training, and employer education benefits management, positioning itself as a leader in accessible post-secondary and career education markets across North America and Oceania.

Company News

  • Connor Clark & Lunn Investment Management Ltd. Makes New $1.68 Million Investment in Strategic Education Inc. $STRA

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  • First Trust Advisors LP Has $3.52 Million Stock Holdings in Strategic Education Inc. $STRA

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  • A Look at Strategic Education Inc (STRA) After 3.6% Decline -- GF Value $99.62 vs Price $81.88

  • Why Strategic Education (STRA) is a Top Value Stock for the Long-Term

  • Strategic Education Inc. $STRA Shares Sold by Bank of New York Mellon Corp

  • Strategic Education (NASDAQ:STRA) Sets New 1-Year High Following Dividend Announcement

  • Strategic Education, Inc. (STRA) Q2 2026 Earnings Call Transcript

  • Strategic Education Q2 Earnings Call Highlights

  • Strategic Education (STRA) Q2 Earnings Lag Estimates

  • Strategic Education, Inc. Reports Second Quarter 2026 Results

  • Strategic Education: Increased Risk In ETS Division Driven By Sophia Learning

  • Capella University Named the Official Higher Learning Partner of the WNBA

  • Strategic Education: How Its Shift To B2B Makes It A Strong Buy

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