Strategic Education Inc (STRA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 161,432 | 100,726 | 69,569 | 76,599 | 113,957 |
| Revenue | US$ in thousands | 1,219,930 | 1,132,920 | 1,065,480 | 1,131,690 | 1,027,650 |
| Pretax margin | 13.23% | 8.89% | 6.53% | 6.77% | 11.09% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $161,432K ÷ $1,219,930K
= 13.23%
Based on the provided data, Strategic Education Inc's pretax margin has experienced fluctuations over the past five years. The pretax margin decreased from 11.09% in December 2020 to 6.77% in December 2021, indicating a decline in the company's profitability before taxes. This trend continued in December 2022, with the pretax margin further decreasing to 6.53%.
However, there was a notable improvement in December 2023, as the pretax margin increased to 8.89%, suggesting a potential recovery in profitability. The most significant improvement was seen in December 2024, with the pretax margin surging to 13.23%, indicating a substantial increase in profitability for the company.
Overall, the fluctuation in Strategic Education Inc's pretax margin over the five-year period indicates varying levels of profitability, with the most recent data showing a significant improvement in the company's ability to generate profit before taxes.
Peer comparison
Dec 31, 2024