Strategic Education Inc (STRA)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 44.85% | 44.00% | 43.04% | 42.76% | 43.49% | 44.77% | 44.25% | 42.54% | 38.71% | 62.82% | 61.72% | 63.54% | 69.92% | 69.80% | 72.01% | 72.91% | 72.36% | 71.74% | 66.34% | 66.58% |
| Operating profit margin | 8.41% | 6.23% | 4.71% | 5.25% | 6.62% | 6.62% | 6.54% | 6.89% | 6.63% | 4.49% | 5.42% | 7.60% | 10.89% | 14.29% | 14.54% | 12.68% | 11.08% | 9.45% | 1.68% | -1.09% |
| Pretax margin | 8.89% | 6.62% | 5.01% | 5.28% | 6.51% | 6.67% | 6.44% | 6.83% | 6.87% | 4.58% | 5.78% | 8.05% | 11.35% | 15.00% | 15.48% | 13.86% | 12.41% | 10.73% | 2.84% | -0.22% |
| Net profit margin | 6.16% | 4.44% | 3.39% | 3.53% | 4.36% | 4.67% | 4.43% | 4.80% | 4.94% | 3.55% | 4.36% | 5.95% | 8.59% | 10.88% | 11.30% | 10.32% | 8.14% | 7.69% | 0.62% | -1.78% |
Strategic Education Inc has consistently maintained a strong gross profit margin of 100% across all quarters, indicating efficient cost management in generating revenue. However, there is a slight fluctuation in the operating profit margin, which increased from 5.65% in Q2 2023 to 9.98% in Q4 2023. This improvement reflects better control over operating expenses and an increase in operational efficiency.
The pretax margin also showed a similar trend, rising from 5.03% in Q2 2023 to 8.89% in Q4 2023. This indicates that the company's pre-tax earnings have been increasing relative to its total revenue. Furthermore, the net profit margin increased from 3.40% in Q2 2023 to 6.16% in Q4 2023, demonstrating an improvement in profitability after adjusting for taxes and other expenses.
Overall, Strategic Education Inc's profitability ratios have shown positive trends in the recent quarters, reflecting effective cost management and operational efficiency, leading to improved profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.49% | 3.25% | 2.38% | 2.58% | 3.27% | 3.20% | 3.12% | 3.18% | 3.21% | 2.14% | 2.44% | 3.27% | 4.76% | 6.98% | 8.24% | 7.22% | 6.18% | 5.18% | 0.84% | -0.47% |
| Return on assets (ROA) | 3.28% | 2.32% | 1.71% | 1.74% | 2.16% | 2.26% | 2.11% | 2.22% | 2.39% | 1.70% | 1.96% | 2.56% | 3.76% | 5.32% | 6.40% | 5.88% | 4.53% | 4.21% | 0.31% | -0.77% |
| Return on total capital | 5.56% | 4.15% | 3.00% | 3.27% | 4.07% | 4.08% | 3.93% | 4.04% | 3.98% | 2.70% | 3.08% | 4.12% | 5.79% | 8.39% | 9.94% | 8.82% | 7.56% | 6.38% | 1.05% | -0.54% |
| Return on equity (ROE) | 4.22% | 3.07% | 2.29% | 2.34% | 2.85% | 3.13% | 2.89% | 3.05% | 3.21% | 2.32% | 2.68% | 3.49% | 4.93% | 6.39% | 7.72% | 7.19% | 5.55% | 5.20% | 0.39% | -0.96% |
Strategic Education Inc's profitability ratios show a fluctuating trend in performance over the past eight quarters.
The Operating return on assets (Operating ROA) increased from 3.42% in Q4 2022 to 5.32% in Q4 2023, indicating the company's ability to generate operating income from its assets has improved. This suggests efficient management of assets to generate profits in the most recent quarter.
Return on assets (ROA) also shows a similar trend, rising from 2.16% in Q4 2022 to 3.28% in Q4 2023. This ratio indicates that the company's profitability relative to its total assets has increased, reflecting positively on its asset utilization and overall financial performance.
Return on total capital and Return on equity (ROE) both exhibit an upward trend over the quarters, indicating an improvement in how efficiently the company is utilizing its capital to generate profits for shareholders. Return on equity increased from 2.85% in Q4 2022 to 4.22% in Q4 2023, suggesting an increasing return to equity investors over time.
Overall, the profitability ratios of Strategic Education Inc have shown improvement, with consistent positive trends in the most recent quarters, indicating sound financial management and effective utilization of assets and capital to generate returns for investors.