Stride Inc (LRN)

Return on assets (ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands 287,941 204,183 126,867 107,130 71,451
Total assets US$ in thousands 2,293,960 1,920,460 1,760,670 1,643,540 1,577,300
ROA 12.55% 10.63% 7.21% 6.52% 4.53%

June 30, 2025 calculation

ROA = Net income ÷ Total assets
= $287,941K ÷ $2,293,960K
= 12.55%

The analysis of Stride Inc's return on assets (ROA) over the period from June 30, 2021, to June 30, 2025, indicates a consistent upward trend in profitability relative to its total assets. Specifically, the ROA increased from 4.53% in 2021 to 6.52% in 2022, reflecting improved efficiency in generating earnings from its asset base. This positive trajectory continued into 2023, with the ROA reaching 7.21%, suggesting ongoing enhancements in operational performance or asset utilization. The upward momentum persisted into 2024, when the ROA surged to 10.63%, marking a significant increase and signifying a notable enhancement in the company's ability to convert its assets into net income. By 2025, the ROA further rose to 12.55%, underscoring a sustained period of improved efficiency and profitability. Overall, the progressive rise in ROA over these years indicates that Stride Inc has been increasing its effectiveness in leveraging its assets to generate earnings, which may reflect successful strategic initiatives, efficiencies gained, or overall operational improvements.