Stride Inc (LRN)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 360,094 376,908 334,435 293,624 249,600 229,868 213,754 197,538 165,499 157,649 146,044 134,886 156,628 131,919 109,878 91,415 110,456 96,110 72,056 63,909
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
Operating ROA 15.70% 17.07% 16.15% 14.89% 13.00% 12.15% 11.99% 11.18% 9.40% 9.27% 9.02% 8.32% 9.53% 8.38% 7.20% 5.82% 7.00% 6.26% 4.90% 4.55%

June 30, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $360,094K ÷ $2,293,960K
= 15.70%

The operating return on assets (ROA) for Stride Inc. has demonstrated a consistent upward trajectory over the observed period, reflecting improved operational efficiency and profitability relative to the company's asset base. Starting from 4.55% as of September 30, 2020, the metric gradually increased through subsequent quarters, reaching 17.07% by March 31, 2025. This signifies the company's enhanced ability to generate operating income relative to its total assets over time.

Notably, the ROA experienced moderate fluctuations in the earlier periods, with the value peaking at 9.53% on June 30, 2022, before settling into a steady upward trend. The most recent data indicates a robust operating ROA of 17.07% as of March 31, 2025, representing a significant improvement from the initial figures observed in late 2020. The upward movement suggests effective management, better utilization of assets, and an overall increase in profitability.

Furthermore, the data shows a notable acceleration in growth during the latter half of 2023 and into 2024, where the ROA surpasses the 12% mark and continues to advance, reaching nearly 17% by the first quarter of 2025. This sustained growth pattern underscores a positive operational momentum and potential strategic initiatives that have contributed to increased efficiency in asset utilization and profit generation.

In summary, Stride Inc.'s operating ROA has exhibited a strong and steady improvement over the analyzed period, reflecting enhanced operational performance and profitability relative to its asset base. The trend suggests a favorable outlook for the company's operational efficiency going forward.