Strategic Education, Inc. provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through three segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute. In addition, the company operates Capella University, an online accredited institution of higher education; Torrens University, which offers undergraduate, graduate, higher degree by research, and specialized degree courses in business, design and creative technology, health, hospitality, and education fields through online and on physical campuses located in Australia; Think Education, a vocational training organization and higher education provider; and Media Design School, which provides industry-endorsed courses in 3D animation and visual effects, game art and programming, graphic and motion design, digital media, artificial intelligence, and creative advertising. It offers Workforce Edge, an administration platform that enables employers to manage and streamline their education benefits programs; and Sophia Learning, which offers low-cost online general education-level courses. Strategic Education, Inc. was founded in 1892 and is headquartered in Herndon, Virginia.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.3B | $245M | $127M | $154M | 7.7% | 4.0% | 12.4% |
| 2024 | $1.2B | $202M | $113M | $129M | 6.8% | 7.7% | 61.5% |
| 2023 | $1.1B | $170M | $70M | $80M | 4.2% | 6.3% | 49.5% |
| 2022 | $1.1B | $137M | $47M | $83M | 2.9% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,065.48 | 1,132.92 | 1,219.93 | 1,268.22 |
| Operating Revenue | - | 1,065.48 | 1,132.92 | 1,219.93 | 1,268.22 |
| Cost Of Revenue | - | 597.32 | 623.90 | 650.50 | 647.11 |
| Gross Profit | - | 468.16 | 509.02 | 569.43 | 621.11 |
| Operating Expense | - | 394.17 | 395.90 | 412.16 | 424.97 |
| Selling General And Administration | - | 379.82 | 384.44 | 412.16 | 424.97 |
| Total Expenses | - | 991.49 | 1,019.80 | 1,062.65 | 1,072.08 |
| Operating Income | - | 73.99 | 113.12 | 157.28 | 196.14 |
| Total Operating Income As Reported | - | 70.76 | 95.32 | 155.63 | 174.23 |
| EBITDA | - | 137.12 | 170.43 | 201.65 | 244.55 |
| Normalized EBITDA | - | 140.35 | 188.23 | 203.30 | 266.46 |
| EBIT | - | 73.99 | 113.12 | 157.28 | 196.14 |
| Other Non Operating Income Expenses | - | -1.19 | 5.40 | 5.80 | 3.16 |
| Other Income Expense | - | -4.42 | -12.40 | 4.16 | -18.75 |
| Pretax Income | - | 69.57 | 100.73 | 161.43 | 177.39 |
| Tax Provision | - | 22.90 | 30.94 | 48.75 | 50.78 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.06 | -5.46 | -0.50 | -6.27 |
| Net Income Continuous Operations | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Net Income From Continuing And Discontinued Operation | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Net Income From Continuing Operation Net Minority Interest | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Net Income | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Net Income Common Stockholders | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Net Income Including Noncontrolling Interests | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Normalized Income | - | 48.84 | 82.13 | 113.83 | 142.26 |
| Diluted NI Availto Com Stockholders | - | 46.67 | 69.79 | 112.68 | 126.61 |
| Basic Average Shares | - | 23.68 | 23.40 | 23.41 | 22.75 |
| Diluted Average Shares | - | 24 | 23.96 | 24.14 | 23.40 |
| Reconciled Depreciation | - | 63.12 | 57.31 | 44.38 | 48.41 |
| Reconciled Cost Of Revenue | - | 548.55 | 578.05 | 606.12 | 598.70 |
| Total Unusual Items | - | -3.23 | -17.80 | -1.65 | -21.91 |
| Total Unusual Items Excluding Goodwill | - | -3.23 | -17.80 | -1.65 | -21.91 |
| Special Income Charges | - | -3.23 | -17.80 | -1.65 | -21.91 |
| Restructuring And Mergern Acquisition | - | 3.23 | 17.80 | 1.65 | 21.91 |
| Depreciation Amortization Depletion Income Statement | - | 14.35 | 11.46 | 0 | 0 |
| Depreciation And Amortization In Income Statement | - | 14.35 | 11.46 | 0 | 0 |
| General And Administrative Expense | - | 379.82 | 384.44 | 412.16 | 424.97 |
| Other Gand A | - | 379.82 | 384.44 | 412.16 | 424.97 |
| Amortization | - | 14.35 | 11.46 | 0 | 0 |
| Amortization Of Intangibles Income Statement | - | 14.35 | 11.46 | 0 | 0 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Strategic Education, Inc.this co. | STRA | $1.8B | 14.46↓ discount | 1.11 | 7.7% | 7.33 |
| Spectrum Brands Holdings, Inc. | SPB | $1.9B | 18.97 | 0.99 | 5.2% | 11.27 |
| Weis Markets, Inc. | WMK | $1.9B | 19.99 | 1.39 | 6.9% | 8.08 |
| Turning Point Brands, Inc. | TPB | $1.7B | 29.19 | 4.79 | 16.4% | 15.39 |
| Ingles Markets, Incorporated | IMKTA |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.7B |
| 19.80 |
| 1.02 |
| 5.2% |
| 7.26 |
| Newell Brands Inc. | NWL | $1.6B | -5.73 | 0.68 | -11.9% | 20.08 |
| Lincoln Educational Services Corporation | LINC | $1.6B | 80.26 | 8.04 | 10.0% | 36.58 |
| Coursera, Inc. | COUR | $1.6B | -31.27 | 2.51 | -8.0% | - |
| Fresh Del Monte Produce Inc. | FDP | $1.4B | 15.41 | 0.69 | 4.5% | 7.97 |
| Peer Median | - | 19.38 | 1.20 | 5.2% | 11.27 | |
Historically, Jan has averaged the highest return (+7.1%); Sep the lowest (-3.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.0%Positive MonthJan 2026: +6.01% | -3.2%Negative MonthFeb 2026: -3.22% | +0.8%Neutral MonthMar 2026: +0.83% | -5.5%Negative MonthApr 2026: -5.50% | -2.1%Negative MonthMay 2026: -2.10% | -0.2%Neutral MonthJun 2026: -0.17% | +7.0%Positive MonthJul 2026: +7.02% | +0.9%*Neutral MonthAug 2026: +0.94% | — | — | — | — |
| 2025 | +5.1%Positive MonthJan 2025: +5.15% | -18.0%Negative MonthFeb 2025: -18.02% | +4.3%Positive MonthMar 2025: +4.26% | -2.8%Negative MonthApr 2025: -2.83% | +11.8%Positive MonthMay 2025: +11.83% | -6.7%Negative MonthJun 2025: -6.69% | -12.9%Negative MonthJul 2025: -12.90% | +9.7%Positive MonthAug 2025: +9.71% | +5.7%Positive MonthSep 2025: +5.73% | -11.7%Negative MonthOct 2025: -11.66% | +2.7%Positive MonthNov 2025: +2.68% | +2.8%Positive MonthDec 2025: +2.79% |
| 2024 | +1.8%Neutral MonthJan 2024: +1.83% | +17.8%Positive MonthFeb 2024: +17.79% | -6.0%Negative MonthMar 2024: -6.02% | +10.3%Positive MonthApr 2024: +10.30% | -1.2%Neutral MonthMay 2024: -1.24% | -2.4%Negative MonthJun 2024: -2.43% | -4.8%Negative MonthJul 2024: -4.75% | -8.4%Negative MonthAug 2024: -8.44% | -4.1%Negative MonthSep 2024: -4.09% | -6.0%Negative MonthOct 2024: -6.04% | +13.6%Positive MonthNov 2024: +13.63% | -5.5%Negative MonthDec 2024: -5.45% |
| 2023 | +19.2%Positive MonthJan 2023: +19.19% | -8.7%Negative MonthFeb 2023: -8.68% | +5.4%Positive MonthMar 2023: +5.37% | -2.0%Negative MonthApr 2023: -2.04% | -10.3%Negative MonthMay 2023: -10.33% | -14.0%Negative MonthJun 2023: -14.03% | +10.7%Positive MonthJul 2023: +10.70% | +3.2%Positive MonthAug 2023: +3.20% | -2.9%Negative MonthSep 2023: -2.90% | +9.4%Positive MonthOct 2023: +9.38% | +8.1%Positive MonthNov 2023: +8.09% | +3.8%Positive MonthDec 2023: +3.82% |
| 2022 | +3.1%Positive MonthJan 2022: +3.15% | -1.1%Neutral MonthFeb 2022: -1.07% | +12.5%Positive MonthMar 2022: +12.47% | -2.7%Negative MonthApr 2022: -2.68% | +1.9%Neutral MonthMay 2022: +1.89% | +7.2%Positive MonthJun 2022: +7.23% | +1.8%Neutral MonthJul 2022: +1.77% | -9.9%Negative MonthAug 2022: -9.93% | -5.1%Negative MonthSep 2022: -5.09% | +12.4%Positive MonthOct 2022: +12.36% | +18.6%Positive MonthNov 2022: +18.55% | -4.3%Negative MonthDec 2022: -4.25% |
| 2021 | — | — | — | — | -5.6%Negative MonthMay 2021: -5.62% | +7.4%Positive MonthJun 2021: +7.37% | +4.2%Positive MonthJul 2021: +4.25% | -1.3%Neutral MonthAug 2021: -1.27% | -9.9%Negative MonthSep 2021: -9.94% | -3.2%Negative MonthOct 2021: -3.25% | -21.6%Negative MonthNov 2021: -21.57% | +8.1%Positive MonthDec 2021: +8.11% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.