Strategic Education Inc (STRA)

Operating return on assets (Operating ROA)

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
Total assets US$ in thousands 2,049,740 2,187,520 2,177,520 2,155,240 2,125,210 2,114,100 2,142,110 2,165,770 2,161,750 2,215,250 2,260,260 2,367,880 2,305,880 2,316,120 2,363,310 2,369,440 2,295,810 2,047,320 1,791,560 1,783,820
Operating ROA 7.42% 7.84% 7.39% 6.21% 5.11% 3.46% 2.58% 3.15% 3.49% 3.76% 3.67% 3.37% 3.21% 2.14% 2.44% 3.27% 4.76% 6.98% 8.24% 7.22%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $152,113K ÷ $2,049,740K
= 7.42%

Strategic Education Inc's operating return on assets (operating ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 7.22% in March 2020, showing a positive trend as it increased to 8.24% in June 2020. However, there was a decline in the operating ROA to 4.76% by December 2020.

Subsequently, there were further fluctuations in the operating ROA, with values ranging from 2.14% in September 2021 to 7.84% in September 2024. The operating ROA generally remained within the range of 2.14% - 8.24% during the period under review.

It is essential to note that the operating ROA experienced both ups and downs during the period, showing signs of volatility. Investors and analysts may consider these fluctuations in the operating ROA when assessing the company's operational efficiency and profitability relative to its asset base. Further analysis of the underlying factors contributing to these changes in the operating ROA would provide valuable insights into the company's financial performance.