STRA Financial Statements

Balance sheet, income statement, cash flow, and dividends for Strategic Education Inc (STRA).


$2.30B Market Cap.

As of 02/28/2025 5:00 PM ET (MRY) • Disclaimer

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 Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$2.40

2.60%

0.00%

49.90%

2.00

2023

$2.40

2.60%

0.00%

80.54%

1.24

2022

$2.40

3.10%

0.00%

121.83%

0.82

2021

$2.40

4.10%

0.00%

104.35%

0.96

2020

$2.40

2.50%

-

62.99%

1.59

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%)