Stride Inc (LRN)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.49% | 37.60% | 37.23% | 36.51% | 35.24% | 35.57% | 35.39% | 35.08% | 35.40% | 34.78% | 34.42% | 33.97% | 34.84% | 34.77% | 33.68% | 33.75% | 33.40% | 32.69% | 33.48% | 34.00% |
| Operating profit margin | 12.26% | 11.56% | 11.03% | 10.45% | 9.01% | 8.73% | 8.31% | 7.89% | 9.30% | 8.11% | 6.88% | 5.84% | 7.19% | 6.82% | 5.66% | 5.54% | 3.12% | 2.73% | 3.60% | 3.90% |
| Pretax margin | 13.19% | 12.46% | 11.78% | 11.04% | 9.38% | 8.46% | 7.82% | 7.36% | 8.74% | 7.71% | 6.24% | 4.92% | 6.25% | 6.17% | 5.19% | 5.36% | 3.18% | 2.87% | 3.97% | 4.16% |
| Net profit margin | 10.03% | 9.30% | 8.80% | 8.17% | 6.91% | 6.18% | 5.63% | 5.28% | 6.36% | 5.51% | 4.41% | 3.38% | 4.65% | 4.67% | 3.99% | 4.06% | 2.35% | 2.23% | 3.18% | 3.50% |
The profitability ratios of Stride Inc demonstrate a consistent improvement over the past quarters. The gross profit margin has been relatively stable, ranging from 32.69% to 37.60%, indicating consistent efficiency in generating revenue after accounting for cost of goods sold.
The operating profit margin has shown a positive trend, increasing from 5.54% to 12.26% over the past several quarters. This suggests that the company has been able to control its operating expenses effectively and improve operational efficiency.
Similarly, the pretax margin has shown an increasing trend, indicating that the company has been able to manage its pre-tax earnings more efficiently over time. It has improved from 2.87% to 13.19% from the third quarter of 2019 to the second quarter of 2024.
The net profit margin, which reflects the company's bottom-line profitability after all expenses have been deducted, has also shown improvement over the quarters. It has increased from 2.23% to 10.03% over the same period, reflecting the company's ability to control costs and enhance overall profitability.
Overall, the trend of increasing profitability ratios for Stride Inc indicates an improvement in the company's operational efficiency and financial performance over the analyzed period.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 3.02% | 2.71% | 4.46% | 4.90% |
| Return on assets (ROA) | 10.63% | 9.76% | 9.57% | 8.74% | 7.21% | 6.56% | 6.12% | 5.57% | 6.52% | 5.69% | 4.61% | 3.37% | 4.53% | 4.29% | 3.45% | 3.34% | 2.28% | 2.21% | 3.95% | 4.40% |
| Return on total capital | 15.69% | 15.15% | 14.78% | 14.40% | 12.17% | 12.02% | 11.64% | 11.25% | 12.80% | 11.07% | 9.60% | 8.09% | 10.01% | 8.88% | 6.90% | 6.35% | 4.81% | 4.23% | 5.66% | 6.38% |
| Return on equity (ROE) | 17.36% | 16.75% | 16.52% | 16.11% | 13.39% | 12.41% | 11.76% | 11.48% | 13.18% | 11.47% | 9.59% | 7.35% | 8.88% | 8.37% | 6.75% | 6.52% | 3.63% | 3.45% | 5.01% | 5.72% |
Over the past few quarters, Stride Inc has shown consistent improvement in profitability metrics. The Operating Return on Assets (Operating ROA) has been steadily increasing from 4.55% in December 2020 to 13.00% in June 2024, indicating that the company is generating more operating income per dollar of assets.
Return on Assets (ROA) has followed a similar positive trend, increasing from 2.21% in March 2020 to 10.63% in June 2024. This shows that the company's overall profitability in relation to its total assets has been on the rise.
Return on Total Capital has also seen a notable improvement, rising steadily from 4.23% in March 2020 to 15.69% in June 2024. This suggests that the company is effectively utilizing both debt and equity to generate returns for its investors.
Furthermore, Return on Equity (ROE) has shown consistent growth, increasing from 3.45% in March 2020 to 17.36% in June 2024. This indicates that Stride Inc is providing a higher return to its equity shareholders and effectively leveraging their investments.
Overall, the profitability ratios of Stride Inc demonstrate a positive performance trend over the analyzed period, showcasing the company's ability to generate profits and maximize returns for its stakeholders.