Strategic Education Inc (STRA)

Operating profit margin

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 Jun 30, 2020 Mar 31, 2020
Operating income (ttm) US$ in thousands 152,113 171,572 160,875 133,773 108,618 73,124 55,302 68,180 75,466 83,343 82,884 79,889 73,912 49,656 57,730 77,425 109,384 142,989 147,567 128,768
Revenue (ttm) US$ in thousands 1,219,930 1,211,176 1,191,154 1,166,568 1,132,924 1,100,160 1,077,347 1,063,231 1,065,480 1,067,641 1,074,596 1,100,205 1,131,686 1,127,081 1,096,029 1,052,687 1,027,653 1,023,931 1,026,652 1,015,931
Operating profit margin 12.47% 14.17% 13.51% 11.47% 9.59% 6.65% 5.13% 6.41% 7.08% 7.81% 7.71% 7.26% 6.53% 4.41% 5.27% 7.35% 10.64% 13.96% 14.37% 12.67%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $152,113K ÷ $1,219,930K
= 12.47%

The operating profit margin of Strategic Education Inc has exhibited some fluctuations over the past few years. From March 31, 2020, to June 30, 2020, there was an increase in the operating profit margin from 12.67% to 14.37%. However, the margin decreased slightly to 13.96% by September 30, 2020.

There was a significant decline in the operating profit margin by the end of December 31, 2020, dropping to 10.64%. This downward trend continued into the first half of 2021, with margins falling to 7.35% by March 31, 2021, and declining further to 5.27% by June 30, 2021.

The operating profit margin slightly improved in the second half of 2021, reaching 6.53% by December 31, 2021. This improvement continued into 2022, where the margin increased to 7.26% by March 31, 2022, and further to 7.71% by June 30, 2022.

However, the operating profit margin faced a slight dip by the end of September 30, 2022, falling to 7.81%. The margin remained relatively stable in the following quarters, hovering around 7% before experiencing a slight increase to 9.59% by December 31, 2023.

There was a notable improvement in the operating profit margin in the first half of 2024, where it reached 11.47% by March 31, 2024, and further increased to 13.51% by June 30, 2024. The margin continued to rise, reaching 14.17% by September 30, 2024, before decreasing slightly to 12.47% by the end of December 31, 2024.

Overall, Strategic Education Inc's operating profit margin has demonstrated variability over the reviewed periods, with some fluctuations indicating changes in the company's operational efficiency and profitability levels.