Strategic Education, Inc. (STRA) Financial Ratios
30 years of historical data (1996–2025) · Consumer Defensive · Education & Training Services
EV/EBITDA
↓
6.87
↓-39% vs avg
5yr avg: 11.19
30Y Low5.2·High44.4
P/FCF
↑
11.12
↓-38% vs avg
5yr avg: 18.06
30Y Low4.9·High89.2
P/B Ratio
↑
1.04
-10% vs avg
5yr avg: 1.15
30Y Low0.8·High95.4
ROE
↑
7.7%
↓+55% vs avg
5yr avg: 4.9%
30Y Low-2%·High404%
Debt/EBITDA
↓
0.45
↓-64% vs avg
5yr avg: 1.26
30Y Low0.0·High1.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
STRA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Strategic Education, Inc. trades at 13.9x earnings, 47% below its 5-year average of 26.5x, sitting at the 7th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 18.8x, the stock trades at a discount of 26%. On a free-cash-flow basis, the stock trades at 11.1x P/FCF, 38% below the 5-year average of 18.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.7B | $1.8B | $2.3B | $2.2B | $1.9B | $1.4B | $2.2B | $3.5B | $1.7B | $1.0B | $874M |
| Enterprise Value | $1.7B | $1.8B | $2.2B | $2.3B | $1.9B | $1.5B | $2.3B | $3.2B | $1.4B | $850M | $748M |
| P/E Ratio → | 13.90 | 14.80 | 20.00 | 31.74 | 40.37 | 25.37 | 25.29 | 43.30 | — | 48.68 | 25.12 |
| P/S Ratio | 1.35 | 1.44 | 1.85 | 1.95 | 1.76 | 1.23 | 2.12 | 3.52 | 2.72 | 2.21 | 1.98 |
| P/B Ratio | 1.04 | 1.11 | 1.36 | 1.34 | 1.15 | 0.81 | 1.25 | 2.40 | 1.21 | 4.80 | 4.64 |
| P/FCF | 11.12 | 11.89 | 17.52 | 27.60 | 22.68 | 10.64 | 22.68 | 21.48 | 89.17 | 26.33 | 27.89 |
| P/OCF | 8.64 | 9.23 | 13.32 | 18.89 | 14.91 | 7.73 | 15.25 | 17.37 | 36.76 | 17.86 | 19.65 |
P/E links to full P/E history page with 30-year chart
STRA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Strategic Education, Inc.'s enterprise value stands at 6.9x EBITDA, 39% below its 5-year average of 11.2x. The Consumer Defensive sector median is 11.0x, placing the stock at a 38% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.42 | 1.84 | 1.99 | 1.81 | 1.29 | 2.21 | 3.21 | 2.23 | 1.87 | 1.70 |
| EV / EBITDA | 6.87 | 7.35 | 11.22 | 14.79 | 14.38 | 8.22 | 10.41 | 14.84 | 44.44 | 11.98 | 9.93 |
| EV / EBIT | 8.57 | 10.14 | 14.26 | 19.96 | 26.02 | 13.18 | 16.78 | 24.14 | — | 15.03 | 13.78 |
| EV / FCF | — | 11.68 | 17.42 | 28.16 | 23.23 | 11.12 | 23.67 | 19.56 | 73.16 | 22.31 | 23.86 |
STRA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Strategic Education, Inc. earns an operating margin of 15.5%, above the Consumer Defensive sector average of 3.5%. Operating margins have expanded from 8.4% to 15.5% over the past 3 years, signaling improving operational efficiency. ROE of 7.7% is modest. ROIC of 9.0% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.0% | 49.0% | 46.7% | 44.9% | 43.9% | 46.3% | 48.2% | 46.8% | 46.4% | 46.1% | 45.4% |
| Operating Margin | 15.5% | 15.5% | 12.8% | 8.4% | 6.6% | 6.5% | 10.6% | 11.1% | -3.6% | 11.5% | 13.0% |
| Net Profit Margin | 10.0% | 10.0% | 9.2% | 6.2% | 4.4% | 4.9% | 8.4% | 8.1% | -2.5% | 4.5% | 7.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.7% | 7.7% | 6.8% | 4.2% | 2.8% | 3.2% | 5.4% | 5.6% | -1.9% | 10.4% | 21.0% |
| ROA | 6.2% | 6.2% | 5.4% | 3.3% | 2.1% | 2.4% | 4.2% | 4.7% | -1.6% | 6.6% | 12.7% |
| ROIC | 9.0% | 9.0% | 7.0% | 4.2% | 3.1% | 3.1% | 5.5% | 7.3% | -2.9% | 66.4% | 85.4% |
| ROCE | 10.7% | 10.7% | 8.3% | 4.9% | 3.5% | 3.5% | 5.9% | 7.0% | -2.5% | 21.3% | 26.7% |
STRA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Strategic Education, Inc. carries a Debt/EBITDA ratio of 0.4x, which is very conservative (87% below the sector average of 3.5x). The company holds a net cash position — cash of $141M exceeds total debt of $109M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.07 | 0.07 | 0.08 | 0.13 | 0.16 | 0.19 | 0.16 | 0.07 | 0.00 | 0.01 | 0.01 |
| Debt / EBITDA | 0.45 | 0.45 | 0.63 | 1.40 | 1.94 | 1.87 | 1.29 | 0.49 | 0.07 | 0.04 | 0.04 |
| Net Debt / Equity | — | -0.02 | -0.01 | 0.03 | 0.03 | 0.04 | 0.05 | -0.21 | -0.22 | -0.73 | -0.67 |
| Net Debt / EBITDA | -0.13 | -0.13 | -0.06 | 0.29 | 0.34 | 0.35 | 0.44 | -1.46 | -9.73 | -2.16 | -1.68 |
| Debt / FCF | — | -0.21 | -0.09 | 0.56 | 0.55 | 0.48 | 0.99 | -1.92 | -16.02 | -4.02 | -4.04 |
| Interest Coverage | — | — | — | — | — | — | 96.81 | — | — | 88.12 | 84.52 |
Net cash position: cash ($141M) exceeds total debt ($109M)
STRA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.27x means Strategic Education, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.57x to 1.27x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.27 | 1.27 | 1.41 | 1.57 | 1.57 | 1.88 | 1.43 | 3.34 | 3.36 | 2.76 | 2.68 |
| Quick Ratio | 1.27 | 1.27 | 1.41 | 1.57 | 1.57 | 1.88 | 1.43 | 3.34 | 3.36 | 2.76 | 2.68 |
| Cash Ratio | 0.68 | 0.68 | 0.85 | 0.99 | 1.06 | 1.41 | 0.98 | 2.90 | 2.79 | 2.26 | 2.16 |
| Asset Turnover | — | 0.62 | 0.60 | 0.53 | 0.49 | 0.49 | 0.45 | 0.56 | 0.38 | 1.42 | 1.48 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 22.51 | 22.78 | 24.52 | 21.57 | 16.64 | 18.33 | 18.86 | 32.05 | 18.55 | 16.99 |
STRA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Strategic Education, Inc. returns 11.5% to shareholders annually — split between a 3.3% dividend yield and 8.1% buyback yield. A payout ratio of 45.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 7.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | 3.1% | 2.6% | 2.7% | 3.2% | 4.2% | 2.6% | 1.3% | 1.6% | 1.1% | — |
| Payout Ratio | 45.4% | 45.4% | 52.3% | 84.2% | 126.9% | 107.2% | 64.9% | 57.5% | — | 55.4% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.2% | 6.8% | 5.0% | 3.2% | 2.5% | 3.9% | 4.0% | 2.3% | — | 2.1% | 4.0% |
| FCF Yield | 9.0% | 8.4% | 5.7% | 3.6% | 4.4% | 9.4% | 4.4% | 4.7% | 1.1% | 3.8% | 3.6% |
| Buyback Yield | 8.1% | 7.6% | 0.5% | 0.5% | 2.1% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 11.5% | 10.7% | 3.1% | 3.1% | 5.3% | 4.7% | 2.6% | 1.3% | 1.6% | 1.1% | 0.0% |
| Shares Outstanding | — | $23M | $24M | $24M | $24M | $24M | $23M | $22M | $15M | $11M | $11M |
Peer Comparison
Compare STRA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 STRAYou | $2B | 13.9 | 6.9 | 11.1 | 49.0% | 15.5% | 7.7% | 9.0% | 0.4 |
 PRDO | $2B | 13.2 | 8.3 | 9.3 | 71.7% | 23.2% | 16.6% | 15.3% | 0.4 |
 LAUR | $5B | 19.3 | 10.9 | 19.8 | 28.3% | 25.3% | 26.2% | 20.3% | 1.6 |
 GHC | $5B | 17.2 | 15.2 | 18.6 | 27.6% | 5.1% | 6.4% | 3.3% | 4.1 |
 ATGE | $4B | 17.6 | 10.9 | 12.9 | 56.9% | 19.1% | 16.9% | 12.8% | 2.0 |
 LOPE | $4B | 18.4 | 11.4 | 16.1 | 52.4% | 27.5% | 28.2% | 32.5% | 0.6 |
 APEI | $967M | 38.8 | 13.6 | 21.0 | 51.7% | 8.3% | 10.5% | 12.4% | 2.3 |
 UTI | $2B | 35.7 | 16.9 | 40.1 | 49.7% | 10.0% | 21.4% | 14.3% | 2.0 |
 LINC | $2B | 74.5 | 33.7 | — | 60.4% | 5.8% | 10.6% | 6.7% | 4.0 |
 COUR | $906M | -17.3 | — | 8.4 | 54.6% | -10.3% | -8.3% | — | — |
 CHGG | $118M | -1.1 | 11.1 | — | 60.2% | -16.8% | -66.2% | -13.4% | 5.5 |
| Consumer Defensive Median | — | 18.8 | 11.0 | 15.3 | 40.8% | 3.5% | 6.5% | 5.7% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
STRA — Frequently Asked Questions
Quick answers to the most common questions about buying STRA stock.
What is Strategic Education, Inc.'s P/E ratio?
Strategic Education, Inc.'s current P/E ratio is 13.9x. The historical average is 27.9x. This places it at the 7th percentile of its historical range.
What is Strategic Education, Inc.'s EV/EBITDA?
Strategic Education, Inc.'s current EV/EBITDA is 6.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.7x.
What is Strategic Education, Inc.'s ROE?
Strategic Education, Inc.'s return on equity (ROE) is 7.7%. The historical average is 55.1%.
Is STRA stock overvalued?
Based on historical data, Strategic Education, Inc. is trading at a P/E of 13.9x. This is at the 7th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Strategic Education, Inc.'s dividend yield?
Strategic Education, Inc.'s current dividend yield is 3.35% with a payout ratio of 45.4%.
What are Strategic Education, Inc.'s profit margins?
Strategic Education, Inc. has 49.0% gross margin and 15.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Strategic Education, Inc. have?
Strategic Education, Inc.'s Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.