Strategic Education Inc (STRA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 155,628 | 95,321 | 70,760 | 147,258 | 161,688 |
| Total assets | US$ in thousands | 2,049,740 | 2,125,210 | 2,161,750 | 2,305,880 | 2,295,810 |
| Operating ROA | 7.59% | 4.49% | 3.27% | 6.39% | 7.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $155,628K ÷ $2,049,740K
= 7.59%
Strategic Education Inc's operating return on assets (ROA) has shown some fluctuations over the years based on the provided data. As of December 31, 2020, the operating ROA was 7.04%, indicating that the company generated $0.0704 in operating income for every dollar of assets.
However, by December 31, 2021, the operating ROA decreased slightly to 6.39%, suggesting a slight decline in the company's operating efficiency and profitability.
In 2022, the operating ROA dropped significantly to 3.27%, signaling a potential decrease in operational performance and asset utilization. This decline may warrant further investigation into the company's operational efficiency and effectiveness.
Despite the decline in 2022, by December 31, 2023, the operating ROA improved to 4.49%, indicating a potential turnaround in the company's ability to generate operating income from its assets.
As of the most recent data available, December 31, 2024, the operating ROA increased to 7.59%, surpassing the levels observed in 2020. This improvement suggests that the company may have implemented strategies to enhance operational efficiency and profitability.
Overall, the fluctuation in Strategic Education Inc's operating ROA highlights the importance of closely monitoring and analyzing financial performance metrics to assess the company's operational effectiveness and identify areas for improvement.
Peer comparison
Dec 31, 2024