Stride Inc (LRN)

Total asset turnover

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Revenue US$ in thousands 2,405,320 2,040,070 1,837,360 1,686,670 1,536,760
Total assets US$ in thousands 2,293,960 1,920,460 1,760,670 1,643,540 1,577,300
Total asset turnover 1.05 1.06 1.04 1.03 0.97

June 30, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $2,405,320K ÷ $2,293,960K
= 1.05

The total asset turnover for Stride Inc. exhibits a gradual upward trend over the analyzed period from June 30, 2021, through June 30, 2025. Specifically, the ratio increased from 0.97 in 2021 to 1.03 in 2022, indicating a modest enhancement in how efficiently the company utilizes its assets to generate sales. This positive progression continued into 2023 and 2024, with ratios reaching 1.04 and 1.06, respectively, reflecting a consistent improvement in operational efficiency and asset utilization. The slight decrease to 1.05 in 2025 suggests a marginal decline; however, the ratio remains above the 2021 level, signifying an overall enhancement in asset effectiveness over the four-year span. Overall, the steady increase in total asset turnover indicates that Stride Inc. has been progressively optimizing its asset base to support sales growth, emphasizing improved operational efficiency during this period.