Stride Inc (LRN)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,405,317 | 2,285,854 | 2,193,315 | 2,110,972 | 2,040,069 | 1,989,375 | 1,938,822 | 1,892,389 | 1,837,358 | 1,809,080 | 1,760,518 | 1,711,590 | 1,686,666 | 1,628,965 | 1,599,388 | 1,566,026 | 1,536,760 | 1,408,181 | 1,273,190 | 1,154,604 |
| Total assets | US$ in thousands | 2,293,960 | 2,207,940 | 2,070,780 | 1,971,960 | 1,920,460 | 1,892,210 | 1,782,200 | 1,767,640 | 1,760,670 | 1,699,850 | 1,619,290 | 1,622,100 | 1,643,540 | 1,574,530 | 1,525,740 | 1,570,360 | 1,577,300 | 1,534,170 | 1,471,950 | 1,404,480 |
| Total asset turnover | 1.05 | 1.04 | 1.06 | 1.07 | 1.06 | 1.05 | 1.09 | 1.07 | 1.04 | 1.06 | 1.09 | 1.06 | 1.03 | 1.03 | 1.05 | 1.00 | 0.97 | 0.92 | 0.86 | 0.82 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,405,317K ÷ $2,293,960K
= 1.05
The total asset turnover ratio of Stride Inc demonstrates a consistent upward trend from September 30, 2020, through December 31, 2023, reflecting a gradual improvement in utilizing its assets to generate revenue. Starting at 0.82 in September 2020, the ratio increased steadily over the subsequent periods, reaching peaks around 1.09 by December 2022. The ratio maintained a relatively stable level through 2023, with slight fluctuations, indicating a steady efficiency in asset utilization.
Specifically, the ratio increased from 0.86 at the end of 2020 to notable levels exceeding 1.00 in September 2021, reaching 1.05 by the end of that year. Through 2022 and into early 2023, the ratio ranged narrowly around 1.03 to 1.09, suggesting that the company's asset utilization remained effective during this period. In the latest periods, the ratio hovered around 1.04 to 1.07, indicating a stable if modestly resilient performance.
Overall, the trend suggests that Stride Inc has been progressively enhancing its efficiency in deploying its assets to generate sales since 2020, with the most significant growth occurring in the 2021-2022 period. The relative stability in subsequent periods indicates a mature level of asset utilization, with no dramatic fluctuations, pointing to consistency in operational efficiency over time.
Peer comparison
Jun 30, 2025