TAL Education Group(TAL)Earnings, Financials & Key Ratios
TAL•NYSE
$11.44
$773M mkt cap·9.1× P/E·Price updated May 6, 2026
AboutTAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. It provides tutoring services primarily through small-class services under the Xueersi, Xueersi Online School, First Leap, Tipaipai, Xiaohou AI, Xiaohoucode, Aiqidao, Mamabang, Kaoyanbang, and Shunshunliuxue brand names; and personalized premium services under Izhikang name. The company also operates jzb.com, an online education platform; provides investment management and consulting services; develops and sells software and networks, as well as related consulting services; and sells educational materials and products. TAL Education Group was founded in 2003 and is headquartered in Beijing, the People's Republic of China.Show more
- Revenue$2.25B+51.2%
- EBITDA$41M+167.3%
- Net Income$85M+2471.3%
- EPS (Diluted)1.26+2472.9%
- Gross Margin53.34%-1.4%
- EBITDA Margin1.81%+144.5%
- Operating Margin-0.33%+94.3%
- Net Margin3.76%+1668.3%
- ROE2.29%+2489.4%
- ROIC-0.28%+92.2%
- Debt/Equity0.09+34.6%
TAL Key Insights
TAL Education Group (TAL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Sales declining 7.2% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TAL Price & Volume
TAL Education Group (TAL) stock price & volume — 10-year historical chart
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TAL Growth Metrics
TAL Education Group (TAL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years17.9%
5 Years-7.2%
3 Years-20%
TTM44.37%
Profit CAGR
10 Years2.34%
5 Years-
3 Years-
TTM135.84%
EPS CAGR
10 Years0.08%
5 Years-
3 Years-
TTM-0.96%
Return on Capital
10 Years4.81%
5 Years-2.56%
3 Years-1.72%
Last Year-0.19%
TAL Recent Earnings
TAL Education Group (TAL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (70%)●Beat Revenue 8/12 qtrs (80%)
Q1 2026Latest
Jan 29, 2026EPS
$0.25
Est $0.08
+224.5%
Revenue
$770M
Est $773M
-0.3%
Q4 2025
Oct 30, 2025EPS
$0.24
Est $0.16
+49.3%
Revenue
$861M
Est $829M
+3.9%
Q3 2025
Jul 31, 2025EPS
$0.07
Est $0.07
-4.5%
Revenue
$577M
Est $786M
-26.7%
Q3 2025
Jun 16, 2025EPS
$0.11
Revenue
$610M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Jan 29, 2026 | $0.25vs $0.08+224.5% | $770Mvs $773M-0.3% |
| Q4 2025 | Oct 30, 2025 | $0.24vs $0.16+49.3% | $861Mvs $829M+3.9% |
| Q3 2025 | Jul 31, 2025 | $0.07vs $0.07-4.5% | $577Mvs $786M-26.7% |
| Q3 2025 | Jun 16, 2025 | $0.11 | $610M |
Based on last 12 quarters of dataView full earnings history →
TAL Peer Comparison
TAL Education Group (TAL) competitors in Tutoring and Test Preparation — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EDU | 8.96B | 56.30 | 24.48 | 13.6% | 7.37% | 9.09% | 0.20 | |
 GOTU | 759.78M | 1.97 | -4.87 | 55.99% | -6.4% | -21.76% | 0.25 | |
 CHGG | 129.87M | 1.16 | -1.21 | -38.97% | -26.89% | -62.94% | 0.70 | |
 LOPE | 4.47B | 164.51 | 21.34 | 7.07% | 26.92% | 29.53% | 0.27 | |
 PRDO | 2.14B | 34.11 | 14.10 | 24.2% | 18.9% | 16.3% | 0.11 | |
 STRA | 1.79B | 78.58 | 14.50 | 3.96% | 10.21% | 7.85% | 0.07 | |
 LRN | 3.96B | 93.00 | 15.63 | 17.9% | 12.15% | 19.89% | 0.37 | |
 MSFT | 3.07T | 413.87 | 30.34 | 14.93% | 39.34% | 33.13% | 0.33 |
Compare TAL vs Peers
TAL Education Group (TAL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TAL Income Statement
TAL Education Group (TAL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Feb'17 | Feb'18 | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.04B | 1.72B | 2.56B | 3.27B | 4.51B | 4.4B | 1.02B | 1.49B | 2.25B | 2.66B |
| Revenue Growth % | 67.94% | 65.66% | 48.37% | 27.89% | 37.8% | -2.46% | -76.9% | 46.58% | 51.22% | 44.37% |
| Cost of Goods Sold | 521.32M | 887.3M | 1.16B | 1.47B | 2.05B | 2.21B | 434.78M | 683.84M | 1.05B | 1.21B |
| COGS % of Revenue | 50.07% | 51.45% | 45.43% | 44.87% | 45.57% | 50.18% | 42.79% | 45.91% | 46.66% | - |
| Gross Profit | 519.77M▲ 0% | 837.41M▲ 61.1% | 1.4B▲ 66.7% | 1.8B▲ 29.2% | 2.45B▲ 36.0% | 2.19B▼ 10.7% | 581.3M▼ 73.5% | 805.57M▲ 38.6% | 1.2B▲ 49.1% | 1.45B▲ 0% |
| Gross Margin % | 49.93% | 48.55% | 54.57% | 55.13% | 54.43% | 49.82% | 57.21% | 54.09% | 53.34% | 54.42% |
| Gross Profit Growth % | 64.33% | 61.11% | 66.74% | 29.22% | 36.05% | -10.72% | -73.48% | 38.58% | 49.13% | - |
| Operating Expenses | 388.55M | 631.94M | 1.06B | 1.65B | 2.81B | 2.32B | 694.3M | 891.18M | 1.21B | 1.37B |
| OpEx % of Revenue | 37.32% | 36.64% | 41.5% | 50.34% | 62.22% | 52.79% | 68.33% | 59.83% | 53.67% | - |
| Selling, General & Admin | 388.55M | 631.94M | 1.06B | 1.65B | 2.81B | 2.32B | 694.3M | 891.18M | 1.21B | 1.37B |
| SG&A % of Revenue | 37.32% | 36.64% | 41.5% | 50.34% | 62.22% | 52.79% | 68.33% | 59.83% | 53.67% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 131.23M▲ 0% | 205.47M▲ 56.6% | 334.33M▲ 62.7% | 156.94M▼ 53.1% | -351.27M▼ 323.8% | -130.52M▲ 62.8% | -113M▲ 13.4% | -85.61M▲ 24.2% | -7.39M▲ 91.4% | 71.56M▲ 0% |
| Operating Margin % | 12.6% | 11.91% | 13.07% | 4.8% | -7.79% | -2.97% | -11.12% | -5.75% | -0.33% | 2.69% |
| Operating Income Growth % | 60.58% | 56.57% | 62.72% | -53.06% | -323.82% | 62.84% | 13.42% | 24.24% | 91.36% | - |
| EBITDA | 164.73M | 265.01M | 423.02M | 272.1M | -189.78M | 55.08M | -76.69M | -60.52M | 40.74M | 71.56M |
| EBITDA Margin % | 15.82% | 15.37% | 16.53% | 8.31% | -4.21% | 1.25% | -7.55% | -4.06% | 1.81% | 2.69% |
| EBITDA Growth % | 63.25% | 60.88% | 59.62% | -35.68% | -169.74% | 129.02% | -239.22% | 21.08% | 167.31% | 484.14% |
| D&A (Non-Cash Add-back) | 33.5M | 59.55M | 88.69M | 115.16M | 161.49M | 185.6M | 36.32M | 25.09M | 48.13M | 0 |
| EBIT | 131.23M | 205.47M | 334.33M | 156.94M | -351.27M | -130.52M | -113M | -85.61M | -7.39M | 71.56M |
| Net Interest Income | 4.99M | 23.2M | 41.99M | 61.17M | 97.29M | 95.31M | 61.56M | 84.93M | 83.48M | 73.5M |
| Interest Income | 18.13M | 39.84M | 59.61M | 72.99M | 114.23M | 103.18M | 61.56M | 84.93M | 83.48M | 73.5M |
| Interest Expense | 13.14M | 16.64M | 17.63M | 11.82M | 16.95M | 7.87M | 0 | 0 | 0 | 0 |
| Other Income/Expense | 15.05M | 35.2M | 105.99M | -215.25M | 137.66M | -638.23M | 1.44M | 96.85M | 130.09M | 172.27M |
| Pretax Income | 146.27M▲ 0% | 240.67M▲ 64.5% | 440.32M▲ 83.0% | -58.31M▼ 113.2% | -213.61M▼ 266.3% | -768.75M▼ 259.9% | -111.56M▲ 85.5% | 11.23M▲ 110.1% | 122.69M▲ 992.2% | 243.83M▲ 0% |
| Pretax Margin % | 14.05% | 13.95% | 17.21% | -1.78% | -4.74% | -17.48% | -10.98% | 0.75% | 5.45% | 9.18% |
| Income Tax | 34M | 44.91M | 76.38M | 69.31M | -70.11M | 397.72M | 19.94M | 15.37M | 38.35M | 72.67M |
| Effective Tax Rate % | 23.24% | 18.66% | 17.35% | -118.87% | 32.82% | -51.74% | -17.87% | 136.81% | 31.26% | 29.81% |
| Net Income | 116.66M▲ 0% | 199.56M▲ 71.1% | 366.65M▲ 83.7% | -110.17M▼ 130.0% | -116.35M▼ 5.6% | -1.14B▼ 878.2% | -135.12M▲ 88.1% | -3.57M▲ 97.4% | 84.67M▲ 2471.3% | 171.42M▲ 0% |
| Net Margin % | 11.21% | 11.57% | 14.33% | -3.37% | -2.58% | -25.87% | -13.3% | -0.24% | 3.76% | 6.45% |
| Net Income Growth % | 13.39% | 71.07% | 83.73% | -130.05% | -5.61% | -878.25% | 88.13% | 97.36% | 2471.3% | 135.84% |
| Net Income (Continuing) | 112.27M | 195.76M | 363.94M | -127.62M | -143.49M | -1.17B | -131.5M | -4.14M | 84.34M | 171.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 36.62M | 19.72M | 46.73M | 28.46M | 2.73M | -27.89M | -23.73M | -23.33M | -169K | -289K |
| EPS (Diluted) | 1.96▲ 0% | 2.97▲ 51.5% | 5.40▲ 81.8% | -1.83▼ 133.9% | -1.71▲ 6.6% | -15.90▼ 829.8% | -1.92▲ 87.9% | -0.05▲ 97.2% | 1.26▲ 2472.9% | 0.89▲ 0% |
| EPS Growth % | 10.11% | 51.53% | 81.82% | -133.89% | 6.56% | -829.82% | 87.92% | 97.23% | 2472.88% | -0.96% |
| EPS (Basic) | 2.14 | 3.51 | 5.67 | -1.83 | -1.71 | -15.90 | -1.92 | -0.06 | 1.26 | - |
| Diluted Shares Outstanding | 62.21M | 64.13M | 66.07M | 65.4M | 67.19M | 70.89M | 70.15M | 67.09M | 67.72M | 192.51M |
| Basic Shares Outstanding | 58.44M | 63.34M | 66.05M | 64.92M | 67.15M | 70.87M | 69.94M | 58.67M | 67.72M | 189.85M |
| Dividend Payout Ratio | - | 20.63% | - | - | - | - | - | - | - | - |
TAL Balance Sheet
TAL Education Group (TAL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Feb'17 | Feb'18 | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 869.02M | 1.66B | 1.75B | 2.5B | 8.16B | 3.63B | 3.47B | 3.7B | 4.13B | 3.85B |
| Cash & Short-Term Investments | 699.67M | 1.5B | 1.52B | 2.22B | 5.94B | 2.71B | 3.17B | 3.3B | 3.62B | 3.25B |
| Cash Only | 470.22M | 711.52M | 1.25B | 1.87B | 3.24B | 1.64B | 2.02B | 2.21B | 1.77B | 1.54B |
| Short-Term Investments | 229.46M | 787.39M | 268.42M | 345.46M | 2.69B | 1.07B | 1.15B | 1.09B | 1.85B | 1.71B |
| Accounts Receivable | 105.87M | 16.46M | 50.22M | 42.65M | 25.91M | 25.57M | 44.83M | 80.69M | 105.87M | 28K |
| Days Sales Outstanding | 37.12 | 3.48 | 7.16 | 4.76 | 2.1 | 2.12 | 16.1 | 19.77 | 17.16 | 3.65 |
| Inventory | 2.82M | 5.27M | 7.75M | 25.83M | 38.67M | 21.83M | 39M | 68.33M | 104.88M | 133.02M |
| Days Inventory Outstanding | 1.98 | 2.17 | 2.43 | 6.42 | 6.87 | 3.61 | 32.74 | 36.47 | 36.42 | 35.64 |
| Other Current Assets | 144.1M | 111.55M | 127.07M | 200.64M | 1.9B | 862.61M | 209.99M | 176.72M | 82.01M | 470.29M |
| Total Non-Current Assets | 957.78M | 1.39B | 1.99B | 3.08B | 3.96B | 1.45B | 1.26B | 1.23B | 1.38B | 1.6B |
| Property, Plant & Equipment | 154.31M | 247.27M | 287.88M | 1.61B | 2.06B | 508.3M | 437.88M | 636.42M | 801.43M | 866.12M |
| Fixed Asset Turnover | 6.75x | 6.98x | 8.89x | 2.03x | 2.19x | 8.65x | 2.32x | 2.34x | 2.81x | 3.20x |
| Goodwill | 267.16M | 291.38M | 414.23M | 378.91M | 454.41M | 0 | 163K | 0 | 0 | 45.7M |
| Intangible Assets | 37.97M | 43.5M | 74.78M | 263.84M | 282.74M | 219.4M | 194.36M | 191.04M | 182.88M | 233.02M |
| Long-Term Investments | 347.73M | 597.61M | 850.7M | 571.6M | 659.98M | 396.75M | 453.38M | 264.77M | 305.11M | 1.36B |
| Other Non-Current Assets | 134.43M | 195.43M | 332.62M | 171.23M | 184M | 319.94M | 164.19M | 131.92M | 83.25M | 496.08M |
| Total Assets | 1.83B▲ 0% | 3.05B▲ 67.2% | 3.74B▲ 22.3% | 5.57B▲ 49.2% | 12.11B▲ 117.4% | 5.08B▼ 58.0% | 4.72B▼ 7.0% | 4.93B▲ 4.3% | 5.5B▲ 11.7% | 5.45B▲ 0% |
| Asset Turnover | 0.57x | 0.56x | 0.69x | 0.59x | 0.37x | 0.87x | 0.22x | 0.30x | 0.41x | 0.47x |
| Asset Growth % | 72.12% | 67.21% | 22.28% | 49.16% | 117.41% | -58.04% | -7.05% | 4.31% | 11.67% | 39.36% |
| Total Current Liabilities | 667.14M | 1.13B | 1.18B | 1.81B | 3.37B | 902.58M | 783.87M | 1.08B | 1.44B | 1.69B |
| Accounts Payable | 22.64M | 57.6M | 106.49M | 117.77M | 353.78M | 89.84M | 59.99M | 127.32M | 146.3M | 157.37M |
| Days Payables Outstanding | 15.85 | 23.7 | 33.43 | 29.28 | 62.84 | 14.86 | 50.36 | 67.96 | 50.81 | 49.24 |
| Short-Term Debt | 0 | 0 | 215.3M | 0 | 270M | 66.1M | 0 | 62.6M | 88.45M | 103.78M |
| Deferred Revenue (Current) | 504.15M | 824.28M | 433.61M | 780.17M | 1.39B | 187.72M | 234.89M | 400.29M | 624.27M | 3.11B |
| Other Current Liabilities | 34.05M | -17.51M | 180.67M | 265.01M | 438.55M | 120.78M | 119.58M | 92.7M | 493.87M | -103.78M |
| Current Ratio | 1.30x | 1.47x | 1.47x | 1.38x | 2.42x | 4.02x | 4.42x | 3.42x | 2.86x | 2.86x |
| Quick Ratio | 1.30x | 1.46x | 1.47x | 1.37x | 2.41x | 4.00x | 4.37x | 3.36x | 2.79x | 2.79x |
| Cash Conversion Cycle | 23.24 | -18.04 | -23.84 | -18.1 | -53.87 | -9.12 | -1.52 | -11.71 | 2.77 | -9.94 |
| Total Non-Current Liabilities | 480.9M | 280.71M | 20.9M | 1.22B | 3.53B | 177.68M | 119.58M | 206.97M | 295.32M | 328.27M |
| Long-Term Debt | 450.15M | 236.07M | 0 | 261.95M | 2.3B | 0 | 0 | 0 | 0 | 269.55M |
| Capital Lease Obligations | 0 | 0 | 0 | 949.92M | 1.19B | 175.99M | 115.55M | 176.61M | 244.9M | 1.03B |
| Deferred Tax Liabilities | 13.19M | 20.04M | 17.74M | 7.79M | 10.33M | 1.68M | 1.56M | 2.36M | 3.47M | 26.67M |
| Other Non-Current Liabilities | 2.84M | 44.63M | 661K | 0 | 0 | 0 | 0 | 0 | 0 | -269.55M |
| Total Liabilities | 1.15B | 1.41B | 1.2B | 3.03B | 6.91B | 1.08B | 903.44M | 1.29B | 1.74B | 2.02B |
| Total Debt | 450.15M | 236.07M | 215.3M | 1.52B | 4.15B | 242.09M | 157.72M | 239.22M | 333.35M | 373.33M |
| Net Debt | -20.07M | -475.44M | -1.03B | -357.04M | 903.28M | -1.4B | -1.86B | -1.97B | -1.63B | -1.17B |
| Debt / Equity | 0.66x | 0.14x | 0.09x | 0.60x | 0.80x | 0.06x | 0.04x | 0.07x | 0.09x | 0.09x |
| Debt / EBITDA | 2.73x | 0.89x | 0.51x | 5.57x | - | 4.40x | - | - | 8.18x | 5.22x |
| Net Debt / EBITDA | -0.12x | -1.79x | -2.44x | -1.31x | - | -25.35x | - | - | -39.91x | -39.91x |
| Interest Coverage | 9.98x | 12.35x | 18.97x | 13.28x | -20.73x | -16.58x | - | - | - | - |
| Total Equity | 678.76M▲ 0% | 1.64B▲ 141.7% | 2.53B▲ 54.3% | 2.54B▲ 0.5% | 5.2B▲ 104.6% | 4B▼ 23.1% | 3.82B▼ 4.5% | 3.64B▼ 4.8% | 3.77B▲ 3.5% | 3.44B▲ 0% |
| Equity Growth % | 54.01% | 141.68% | 54.25% | 0.54% | 104.57% | -23.1% | -4.53% | -4.77% | 3.51% | -2.73% |
| Book Value per Share | 10.91 | 25.58 | 38.30 | 38.90 | 77.46 | 56.45 | 54.47 | 54.24 | 55.61 | 17.85 |
| Total Shareholders' Equity | 642.15M | 1.62B | 2.48B | 2.52B | 5.2B | 4.03B | 3.84B | 3.66B | 3.77B | 3.44B |
| Common Stock | 164.59K | 188.96K | 198K | 200K | 215K | 216K | 218K | 201K | 203K | 203K |
| Retained Earnings | 415.74M | 565.2M | 920.31M | 786.1M | 624.88M | -544.31M | -685.91M | -694.27M | -624.08M | -466.4M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -6K | 0 | 0 | -17K |
| Accumulated OCI | 84.28M | 170.64M | 75.74M | 53.8M | 207.61M | 215.98M | 129.69M | 99.21M | 95.62M | 120.64M |
| Minority Interest | 36.62M | 19.72M | 46.73M | 28.46M | 2.73M | -27.89M | -23.73M | -23.33M | -169K | -289K |
TAL Cash Flow Statement
TAL Education Group (TAL) cash flow — operating, investing & free cash flow history
| Line item | Feb'17 | Feb'18 | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 359.56M | 685.29M | 194.36M | 855.85M | 954.73M | -939.18M | 7.36M | 306.17M | 397.92M | 397.92M |
| Operating CF Margin % | 34.54% | 39.73% | 7.6% | 26.15% | 21.17% | -21.35% | 0.72% | 20.56% | 17.67% | - |
| Operating CF Growth % | 91.54% | 90.59% | -71.64% | 340.34% | 11.55% | -198.37% | 100.78% | 4061.08% | 29.97% | -10745.18% |
| Net Income | 112.49M | 194.66M | 364.51M | -127.65M | -143.05M | -1.16B | -135.61M | -3.57M | 84.26M | 171.42M |
| Depreciation & Amortization | 33.56M | 59.21M | 88.83M | 117.99M | 165.34M | 189.86M | 40.7M | 29.87M | 52.3M | 0 |
| Stock-Based Compensation | 36.12M | 47.15M | 77.28M | 117.94M | 204.94M | 174.83M | 108.57M | 88.9M | 64.94M | 36.84M |
| Deferred Taxes | -3.34B | 5.18B | 5.18M | -58.34M | 159.94M | 304.23M | 400K | 0 | 0 | 0 |
| Other Non-Cash Items | 3.34B | -5.18B | -69.79M | 363.57M | -3.85M | 868.24M | 65.97M | 9.32M | -14.54M | 308.01M |
| Working Capital Changes | 185.24M | 383.59M | -271.65M | 442.33M | 571.42M | -1.31B | -72.68M | 181.65M | 210.97M | -51.51M |
| Change in Receivables | -7.78M | 26.88M | 108.36M | 174.76M | 72.61M | -4.29M | 14.64M | 5.08M | 264K | 0 |
| Change in Inventory | -2.22M | -2.5M | -2.37M | -18.33M | -17M | 5.12M | -20.43M | -34.84M | -54.07M | -54.07M |
| Change in Payables | 5.36M | 30.98M | 49.29M | 693K | 229M | -252.93M | -2.93M | 24.44M | 18.18M | 0 |
| Cash from Investing | -518.27M | -840.36M | -166.58M | -338.81M | -2.64B | 1.37B | -301.63M | 95.07M | -847.03M | -492.7M |
| Capital Expenditures | -71.11M | -128.42M | -355.01M | -188.06M | -245.74M | -246.42M | -110.33M | -112.74M | -111.73M | 0 |
| CapEx % of Revenue | 6.83% | 7.45% | 13.87% | 5.75% | 5.45% | 5.6% | 10.86% | 7.57% | 4.96% | - |
| Acquisitions | -27.2M | -14.01M | -66.92M | -7.03M | -11.9M | 24.52M | -250K | 0 | 80K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -108.58M | 62.48M | -24.82M | -39.47M | 389K | 5.53M | 20.76M | 4.3M | 497K | -492.7M |
| Cash from Financing | 198.3M | 428.15M | 475.02M | 131.23M | 4.79B | -2.77B | -66.18M | -233.09M | -13.17M | -542.36M |
| Debt Issued (Net) | 213M | 0 | -15.07M | 60.67M | 2.3B | -2.57B | 0 | 0 | -427K | 0 |
| Equity Issued (Net) | -19.46M | 500M | 500M | 0 | 2.49B | -196.28M | -66.37M | -233.56M | -13.15M | -12.74M |
| Dividends Paid | 0 | -41.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -19.46M | 0 | 0 | 0 | -9.85M | -196.28M | -66.37M | -233.56M | -13.15M | -13.15M |
| Other Financing | -14.7M | -30.68M | -9.91M | 70.56M | 8.18M | -402K | 184K | 462K | 407K | -529.62M |
| Net Change in Cash | 36.17M▲ 0% | 241.3M▲ 567.0% | 536M▲ 122.1% | 651.48M▲ 21.5% | 3.1B▲ 376.3% | -2.34B▼ 175.3% | -386.88M▲ 83.4% | 162.57M▲ 142.0% | -465.75M▼ 386.5% | -599.54M▲ 0% |
| Free Cash Flow | 288.45M▲ 0% | 556.87M▲ 93.1% | -160.65M▼ 128.8% | 667.79M▲ 515.7% | 708.99M▲ 6.2% | -1.19B▼ 267.2% | -102.97M▲ 91.3% | 184.88M▲ 279.5% | 285.66M▲ 54.5% | 441.4M▲ 0% |
| FCF Margin % | 27.71% | 32.29% | -6.28% | 20.41% | 15.72% | -26.95% | -10.13% | 12.41% | 12.68% | 16.62% |
| FCF Growth % | 88.98% | 93.06% | -128.85% | 515.68% | 6.17% | -267.22% | 91.32% | 279.55% | 54.52% | 23.69% |
| FCF per Share | 4.64 | 8.68 | -2.43 | 10.21 | 10.55 | -16.72 | -1.47 | 2.76 | 4.22 | 4.22 |
| FCF Conversion (FCF/Net Income) | 3.08x | 3.43x | 0.53x | -7.77x | -8.21x | 0.83x | -0.05x | -85.75x | 4.70x | 2.57x |
| Interest Paid | 7.33M | 13.8M | 12.56M | 6.71M | 8.38M | 9.43M | 0 | 0 | 0 | 0 |
| Taxes Paid | 36.65M | 71.02M | 61.81M | 122.27M | 158.78M | 117.62M | 5.57M | 2.48M | 18.88M | 0 |
TAL Key Ratios
TAL Education Group (TAL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 20.84% | 17.21% | 17.58% | -4.34% | -3% | -24.73% | -3.45% | -0.1% | 2.29% | 4.72% |
| Return on Invested Capital (ROIC) | 22.04% | 16.9% | 18.83% | 6.39% | -6.35% | -2.25% | -3.71% | -3.54% | -0.28% | -0.28% |
| Gross Margin | 49.93% | 48.55% | 54.57% | 55.13% | 54.43% | 49.82% | 57.21% | 54.09% | 53.34% | 54.42% |
| Net Margin | 11.21% | 11.57% | 14.33% | -3.37% | -2.58% | -25.87% | -13.3% | -0.24% | 3.76% | 6.45% |
| Debt / Equity | 0.66x | 0.14x | 0.09x | 0.60x | 0.80x | 0.06x | 0.04x | 0.07x | 0.09x | 0.09x |
| Interest Coverage | 9.98x | 12.35x | 18.97x | 13.28x | -20.73x | -16.58x | - | - | - | - |
| FCF Conversion | 3.08x | 3.43x | 0.53x | -7.77x | -8.21x | 0.83x | -0.05x | -85.75x | 4.70x | 2.57x |
| Revenue Growth | 67.94% | 65.66% | 48.37% | 27.89% | 37.8% | -2.46% | -76.9% | 46.58% | 51.22% | 44.37% |
TAL Frequently Asked Questions
TAL Education Group (TAL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
TAL Education Group (TAL) reported $2.66B in revenue for fiscal year 2025. This represents a 6973% increase from $37.6M in 2009.
TAL Education Group (TAL) grew revenue by 51.2% over the past year. This is strong growth.
Yes, TAL Education Group (TAL) is profitable, generating $171.4M in net income for fiscal year 2025 (3.8% net margin).
Dividend & Returns
TAL Education Group (TAL) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.
TAL Education Group (TAL) generated $441.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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TAL Education Group (TAL) financial analysis — history, returns, DCA and operating performance tools
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