Strategic Education Inc (STRA)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	112,684	126,477	117,188	101,521	69,791	48,991	36,624	37,613	46,670	50,021	47,783	52,539	55,087	39,324	46,430	60,606	86,268	108,888	114,620	104,877
Total stockholders’ equity	US$ in thousands	1,662,500	1,716,800	1,678,100	1,642,580	1,652,520	1,594,750	1,598,610	1,610,430	1,635,790	1,598,480	1,651,920	1,724,310	1,713,990	1,695,060	1,733,180	1,735,920	1,748,320	1,705,060	1,484,550	1,459,150
ROE		6.78%	7.37%	6.98%	6.18%	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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $112,684K ÷ $1,662,500K
= 6.78%

The return on equity (ROE) of Strategic Education Inc has shown some fluctuations over the time period provided. It started at 7.19% in March 2020 and gradually increased to 7.72% by June 2020. However, there was a decrease in ROE to 4.93% by December 2020. The trend continued to decline further, reaching a low of 2.32% in September 2021.

Subsequently, there was a slight improvement in ROE in the following quarters, with the ratio ranging between 2.68% and 3.21% from March 2021 to December 2021. However, there was another decline to 2.29% in June 2023, before increasing to 7.37% by September 2024. The ROE then slightly decreased to 6.78% by December 2024.

Overall, the ROE of Strategic Education Inc has shown volatility over the period, with fluctuations in performance impacting shareholder returns. It is important for stakeholders to closely monitor the factors influencing ROE to assess the company's ability to generate profit from shareholders' equity.