Strategic Education Inc (STRA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 569,434 | 509,021 | 468,159 | 523,425 | 494,992 |
| Revenue | US$ in thousands | 1,219,930 | 1,132,920 | 1,065,480 | 1,131,690 | 1,027,650 |
| Gross profit margin | 46.68% | 44.93% | 43.94% | 46.25% | 48.17% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $569,434K ÷ $1,219,930K
= 46.68%
The gross profit margin of Strategic Education Inc has shown a declining trend from 48.17% as of December 31, 2020, to 46.25% as of December 31, 2021, further decreasing to 43.94% as of December 31, 2022. However, there was a slight improvement in the margin to 44.93% as of December 31, 2023, and a more significant increase to 46.68% as of December 31, 2024. This indicates that the company's ability to generate profits from its core business operations relative to its revenue fluctuated over the period under review. Further analysis should be conducted to understand the factors driving these changes in the gross profit margin.
Peer comparison
Dec 31, 2024