Strategic Education Inc (STRA)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 69,791 | 46,670 | 55,087 | 86,268 | 81,138 |
| Revenue | US$ in thousands | 1,135,410 | 1,068,950 | 1,135,240 | 980,332 | 997,137 |
| Net profit margin | 6.15% | 4.37% | 4.85% | 8.80% | 8.14% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $69,791K ÷ $1,135,410K
= 6.15%
The net profit margin of Strategic Education Inc has fluctuated over the past five years. It increased from 8.14% in 2019 to 8.39% in 2020, indicating improved profitability during that period. However, the net profit margin then decreased to 4.87% in 2021 before increasing again to 4.38% in 2022. In the most recent year, 2023, the net profit margin rose to 6.16%. This indicates that the company's profitability has been somewhat inconsistent, with fluctuations in its ability to generate profits relative to its revenue. Further analysis would be needed to understand the factors driving these changes in the net profit margin over the years.
Peer comparison
Dec 31, 2023