Strategic Education, Inc.

Strategic Education, Inc.

STRA
Strategic Education, Inc.US flagNASDAQ Global Select
82.25
USD
+1.27
- -
1.87BMarket Cap
Strategic Education, Inc.
STRA
(NASDAQ Global Select)

Recent

price

82.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
47.43
52.7
49.34
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
56.92
Revenue per Share
9.78
8.91
5.79
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
5.81
Basic EPS, GAAP
8.7
10.45
5.03
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
7.79
Free Cash Flow per Basic Share
3.32
4.12
4.16
- -
- -
- -
- -
1.07
1.83
2.15
2.47
2.46
2.5
2.51
2.52
2.53
2.52
Dividend per Share
13.02
3.58
3.64
3
7.39
11.16
14.41
15.18
7.8
7.04
7.95
7.3
6.75
7.23
9.34
11.24
11.92
Book Value per Share
13.11
2.98
3
3.03
8.14
12.85
15.8
16.97
23.99
21.06
4.57
6.33
5.24
6.37
8.99
6.8
5.76
Tangible Book Value per Share
13
12
11
11
11
11
11
11
15
22
23
24
24
23
23
23
22
Basic Weighted Avg Shares
637
627
562
504
446
434
441
455
634
997
1,028
1,132
1,065
1,133
1,220
1,268
1,271
Sales/Revenue/Turnover
33.89
28.55
20.21
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
15.55
Operating Margin (%)
17
22
24
36
21
18
18
19
55
105
109
103
63
57
44
48
48
Depreciation Expense
131
106
66
16
46
40
35
21
-16
81
86
55
47
70
113
127
130
Net Income, GAAP
39.51
39.58
39.5
39.8
39.5
39.48
39.26
60.85
- -
34.42
24.3
28.08
32.92
30.71
30.2
28.63
27.01
Effective Tax Rate (%)
20.61
16.9
11.73
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
10.21
Profit Margin (%)
62
17
47
82
140
75
101
121
295
367
86
172
119
119
88
60
41
Working Capital
- -
94
125
120
114
3
3
3
2
81
248
304
235
189
103
93
95
LT Debt
176
42
41
39
93
143
188
209
1,425
1,463
1,748
1,714
1,636
1,653
1,662
1,646
1,634
Total Equity
72.97
66.48
43.07
12.42
27.53
24.55
20.51
11.56
- -
5.91
5.83
4
2.58
4.26
6.17
8.13
8.43
Return on Invested Capital (%)
72.3
63.92
41.18
12.13
28.07
26.54
25.42
13.02
- -
42.74
23.91
11.37
10.09
17.41
31.03
35.73
36
Return on Capital (%)
72.3
97.57
156.91
44.9
84.41
40.8
25.68
13.09
-11.17
59.75
51.82
31.06
27.88
42.42
58.12
53.38
52.75
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
18
16
14
LT Borrowings
- -
- -
- -
LT Finance Leases
99
93
95
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
23
23
Market Capitalization
1,982
1,824
1,852

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
346
278
304
Cash, Cash Equivalents & STI
173
148
158
Accounts Receivable, Net
115
78
86
Inventories
- -
- -
- -
Total Current Liabilities
283
218
263
Payables & Accruals
70
64
77
ST Debt
18
16
14
Deferred Revenue
152
96
132

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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -
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.

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