STRA: Strategic Education Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Strategic Education Inc (STRA).
$2.30B Market Cap.
STRA Market Cap. (MRY)
STRA Shares Outstanding (MRY)
STRA Assets (MRY)
Total Assets
$2.05B
Total Liabilities
$387.24M
Total Investments
$61.93M
STRA Income (MRY)
Revenue
$1.22B
Net Income
$112.68M
Operating Expense
$413.81M
STRA Cash Flow (MRY)
CF Operations
$169.33M
CF Investing
-$64.36M
CF Financing
-$136.77M
STRA Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,049,735,000 (-3.55%) | $2,125,213,000 (-1.69%) | $2,161,747,000 (-6.25%) | $2,305,880,000 (0.44%) |
Assets Current | $304,943,000 (-7.33%) | $329,069,000 (0.00%) | $329,061,000 (-10.53%) | $367,786,000 (28.54%) |
Assets Non-Current | $1,744,792,000 (-2.86%) | $1,796,144,000 (-1.99%) | $1,832,686,000 (-5.44%) | $1,938,094,000 (-3.56%) |
Goodwill & Intangible Assets | $1,451,981,000 (-3.43%) | $1,503,511,000 (-0.55%) | $1,511,818,000 (-3.23%) | $1,562,244,000 (-5.03%) |
Shareholders Equity | $1,662,499,000 (0.60%) | $1,652,518,000 (1.02%) | $1,635,790,000 (-4.56%) | $1,713,990,000 (-1.96%) |
Property Plant & Equipment Net | $214,920,000 (-9.60%) | $237,731,000 (-7.89%) | $258,093,000 (-14.02%) | $300,176,000 (7.38%) |
Cash & Equivalents | $137,074,000 (-18.64%) | $168,481,000 (-21.15%) | $213,667,000 (-20.55%) | $268,918,000 (43.42%) |
Accumulated Other Comprehensive Income | -$88,565,000 (-158.61%) | -$34,247,000 (2.34%) | -$35,068,000 (-481.05%) | $9,203,000 (-81.17%) |
Deferred Revenue | $89,563,000 (-3.01%) | $92,341,000 (4.35%) | $88,488,000 (20.83%) | $73,232,000 (21.04%) |
Total Investments | $61,930,000 (54.01%) | $40,211,000 (80.49%) | $22,279,000 (-25.43%) | $29,878,000 (-21.01%) |
Investments Current | $46,949,000 (18.18%) | $39,728,000 (333.90%) | $9,156,000 (40.84%) | $6,501,000 (-13.97%) |
Investments Non-Current | $14,981,000 (3001.66%) | $483,000 (-96.32%) | $13,123,000 (-43.86%) | $23,377,000 (-22.77%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $76,127,000 (0.03%) | $76,102,000 (20.89%) | $62,953,000 (22.77%) | $51,277,000 (2.21%) |
Trade & Non-Trade Payables | $101,749,000 (11.95%) | $90,888,000 (0.33%) | $90,588,000 (-5.16%) | $95,518,000 (-8.81%) |
Accumulated Retained Earnings (Deficit) | $218,405,000 (29.33%) | $168,871,000 (5.75%) | $159,690,000 (-8.52%) | $174,572,000 (-2.82%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $313,000 (-78.10%) |
Tax Liabilities | $30,512,000 (-0.09%) | $30,538,000 (-26.58%) | $41,594,000 (-6.73%) | $44,595,000 (-16.50%) |
Total Debt | $125,226,000 (-41.30%) | $213,325,000 (-17.72%) | $259,281,000 (-21.78%) | $331,456,000 (17.21%) |
Debt Current | $22,222,000 (-8.14%) | $24,190,000 (1.30%) | $23,879,000 (-11.58%) | $27,005,000 (-22.42%) |
Debt Non-Current | $103,004,000 (-45.54%) | $189,135,000 (-19.65%) | $235,402,000 (-22.68%) | $304,451,000 (22.78%) |
Total Liabilities | $387,236,000 (-18.08%) | $472,695,000 (-10.13%) | $525,957,000 (-11.14%) | $591,890,000 (8.11%) |
Liabilities Current | $216,460,000 (3.26%) | $209,619,000 (-0.15%) | $209,944,000 (7.25%) | $195,755,000 (-2.15%) |
Liabilities Non-Current | $170,776,000 (-35.08%) | $263,076,000 (-16.75%) | $316,013,000 (-20.23%) | $396,135,000 (14.02%) |
STRA Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,219,930,000 (7.68%) | $1,132,924,000 (6.33%) | $1,065,480,000 (-5.85%) | $1,131,686,000 (10.12%) |
Cost of Revenue | $650,496,000 (4.26%) | $623,903,000 (4.45%) | $597,321,000 (-1.80%) | $608,261,000 (14.19%) |
Selling General & Administrative Expense | $412,158,000 (7.21%) | $384,443,000 (1.22%) | $379,817,000 (5.11%) | $361,345,000 (22.39%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $413,806,000 (0.03%) | $413,700,000 (4.10%) | $397,399,000 (-11.59%) | $449,513,000 (16.57%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $48,748,000 (57.58%) | $30,935,000 (35.09%) | $22,899,000 (6.45%) | $21,512,000 (-22.31%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $112,684,000 (61.46%) | $69,791,000 (49.54%) | $46,670,000 (-15.28%) | $55,087,000 (-36.14%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $112,684,000 (61.46%) | $69,791,000 (49.54%) | $46,670,000 (-15.28%) | $55,087,000 (-36.14%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $112,684,000 (61.46%) | $69,791,000 (49.54%) | $46,670,000 (-15.28%) | $55,087,000 (-36.14%) |
Weighted Average Shares | $23,406,000 (0.01%) | $23,403,000 (-1.17%) | $23,679,000 (-1.15%) | $23,955,000 (5.84%) |
Weighted Average Shares Diluted | $24,140,000 (0.77%) | $23,956,000 (-0.18%) | $23,998,000 (-0.51%) | $24,122,000 (5.52%) |
Earning Before Interest & Taxes (EBIT) | $161,432,000 (60.27%) | $100,726,000 (44.79%) | $69,569,000 (-9.18%) | $76,599,000 (-32.78%) |
Gross Profit | $569,434,000 (11.87%) | $509,021,000 (8.73%) | $468,159,000 (-10.56%) | $523,425,000 (5.74%) |
Operating Income | $155,628,000 (63.27%) | $95,321,000 (34.71%) | $70,760,000 (-4.26%) | $73,912,000 (-32.43%) |
STRA Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$64,360,000 (-32.58%) | -$48,545,000 (-54.80%) | -$31,360,000 (5.24%) | -$33,094,000 (94.85%) |
Net Cash Flow from Financing | -$136,772,000 (-20.39%) | -$113,607,000 (20.20%) | -$142,360,000 (-109.70%) | -$67,888,000 (-124.32%) |
Net Cash Flow from Operations | $169,331,000 (44.58%) | $117,119,000 (-7.09%) | $126,052,000 (-30.18%) | $180,527,000 (26.33%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$35,269,000 (22.54%) | -$45,529,000 (12.03%) | -$51,758,000 (-167.05%) | $77,192,000 (135.33%) |
Net Cash Flow - Business Acquisitions and Disposals | -$177,000 (66.60%) | -$530,000 (33.75%) | -$800,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$23,603,000 (-39.15%) | -$16,962,000 (-378.75%) | $6,085,000 (-24.01%) | $8,008,000 (-76.01%) |
Capital Expenditure | -$40,580,000 (-30.68%) | -$31,053,000 (15.26%) | -$36,645,000 (10.84%) | -$41,102,000 (12.20%) |
Issuance (Repayment) of Debt Securities | -$62,973,000 (-57.43%) | -$40,000,000 (0.00%) | -$40,000,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | -$14,828,000 (-0.01%) | -$14,827,000 (65.61%) | -$43,120,000 (-387.62%) | -$8,843,000 (-104.53%) |
Payment of Dividends & Other Cash Distributions | -$58,971,000 (-0.32%) | -$58,780,000 (0.78%) | -$59,240,000 (-0.33%) | -$59,045,000 (-5.52%) |
Effect of Exchange Rate Changes on Cash | -$3,468,000 (-599.19%) | -$496,000 (87.87%) | -$4,090,000 (-73.82%) | -$2,353,000 (-244.98%) |
Share Based Compensation | $25,571,000 (29.33%) | $19,772,000 (-9.27%) | $21,792,000 (20.07%) | $18,149,000 (24.22%) |
Depreciation Amortization & Accretion | $44,378,000 (-22.57%) | $57,313,000 (-9.21%) | $63,124,000 (-38.96%) | $103,416,000 (-5.26%) |
STRA Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 46.70% (4.01%) | 44.90% (2.28%) | 43.90% (-5.18%) | 46.30% (-3.94%) |
Profit Margin | 9.20% (48.39%) | 6.20% (40.91%) | 4.40% (-10.20%) | 4.90% (-41.67%) |
EBITDA Margin | 16.90% (21.58%) | 13.90% (11.20%) | 12.50% (-21.38%) | 15.90% (-26.73%) |
Return on Average Equity (ROAE) | 6.70% (55.81%) | 4.30% (53.57%) | 2.80% (-12.50%) | 3.20% (-40.74%) |
Return on Average Assets (ROAA) | 5.30% (60.61%) | 3.30% (57.14%) | 2.10% (-12.50%) | 2.40% (-45.45%) |
Return on Sales (ROS) | 13.20% (48.31%) | 8.90% (36.92%) | 6.50% (-4.41%) | 6.80% (-38.74%) |
Return on Invested Capital (ROIC) | 43.20% (95.48%) | 22.10% (67.42%) | 13.20% (-0.75%) | 13.30% (-58.95%) |
Dividend Yield | 2.60% (0.00%) | 2.60% (-16.13%) | 3.10% (-24.39%) | 4.10% (64.00%) |
Price to Earnings Ratio (P/E) | 19.42 (-37.34%) | 31 (-22.03%) | 39.76 (58.09%) | 25.15 (0.51%) |
Price to Sales Ratio (P/S) | 1.79 (-6.08%) | 1.91 (9.59%) | 1.74 (42.24%) | 1.22 (-41.71%) |
Price to Book Ratio (P/B) | 1.38 (1.17%) | 1.36 (16.57%) | 1.17 (41.08%) | 0.83 (-37.64%) |
Debt to Equity Ratio (D/E) | 0.23 (-18.53%) | 0.29 (-11.18%) | 0.32 (-6.67%) | 0.34 (10.22%) |
Earnings Per Share (EPS) | 4.81 (61.41%) | 2.98 (51.27%) | 1.97 (-14.35%) | 2.3 (-39.63%) |
Sales Per Share (SPS) | 52.12 (7.67%) | 48.41 (7.58%) | 45 (-4.75%) | 47.24 (4.05%) |
Free Cash Flow Per Share (FCFPS) | 5.5 (49.56%) | 3.68 (-2.60%) | 3.78 (-35.12%) | 5.82 (37.07%) |
Book Value Per Share (BVPS) | 71.03 (0.59%) | 70.61 (2.21%) | 69.08 (-3.45%) | 71.55 (-7.37%) |
Tangible Assets Book Value Per Share (TABVPS) | 25.54 (-3.87%) | 26.57 (-3.21%) | 27.45 (-11.58%) | 31.04 (7.95%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (-39.13%) | 23 (-17.86%) | 28 (47.37%) | 19 (26.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 10.88 (-25.05%) | 14.51 (-1.46%) | 14.73 (82.25%) | 8.08 (5.41%) |
Asset Turnover | 0.57 (7.36%) | 0.53 (12.05%) | 0.47 (-2.27%) | 0.48 (-6.74%) |
Current Ratio | 1.41 (-10.25%) | 1.57 (0.19%) | 1.57 (-16.60%) | 1.88 (31.40%) |
Dividends | $2.4 (0.00%) | $2.4 (0.00%) | $2.4 (0.00%) | $2.4 (0.00%) |
Free Cash Flow (FCF) | $128,751,000 (49.60%) | $86,066,000 (-3.74%) | $89,407,000 (-35.87%) | $139,425,000 (45.09%) |
Enterprise Value (EV) | $2,238,304,991 (-2.40%) | $2,293,347,603 (17.37%) | $1,954,017,495 (34.34%) | $1,454,478,705 (-14.95%) |
Earnings Before Tax (EBT) | $161,432,000 (60.27%) | $100,726,000 (44.79%) | $69,569,000 (-9.18%) | $76,599,000 (-32.78%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $205,810,000 (30.23%) | $158,039,000 (19.10%) | $132,693,000 (-26.29%) | $180,015,000 (-19.32%) |
Invested Capital | $369,446,000 (-19.15%) | $456,927,000 (-5.90%) | $485,599,000 (-20.45%) | $610,419,000 (11.78%) |
Working Capital | $88,483,000 (-25.92%) | $119,450,000 (0.28%) | $119,117,000 (-30.76%) | $172,031,000 (99.87%) |
Tangible Asset Value | $597,754,000 (-3.85%) | $621,702,000 (-4.34%) | $649,929,000 (-12.60%) | $743,636,000 (14.25%) |
Market Capitalization | $2,295,276,991 (1.77%) | $2,255,291,603 (17.76%) | $1,915,210,495 (34.60%) | $1,422,891,705 (-38.83%) |
Average Equity | $1,674,994,500 (3.77%) | $1,614,076,750 (-2.33%) | $1,652,626,500 (-3.89%) | $1,719,537,750 (7.52%) |
Average Assets | $2,142,504,750 (0.27%) | $2,136,798,250 (-5.09%) | $2,251,285,500 (-3.74%) | $2,338,689,250 (18.14%) |
Invested Capital Average | $374,075,750 (-17.90%) | $455,656,500 (-13.68%) | $527,886,500 (-8.53%) | $577,095,500 (63.96%) |
Shares | 24,569,439 (0.63%) | 24,415,845 (-0.15%) | 24,453,658 (-0.60%) | 24,600,479 (0.81%) |
