What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Stride LRN Share Buybacks

Share Buybacks at other companies

DuolingoDUOL

$24.33M—

Grand Canyon EducationLOPE

$127.91M+64.3%

Other financials

Income statement

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Revenue$629.9M+2.7%

Gross profit$231.6M-7.1%

Operating income$129.1M-1.3%

Net income$88.5M-10.9%

EPS (diluted)$1.93-4.5%

Balance sheet

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Cash & equivalents$614.0M+16.2%

Total debt$605.9M0.0%

Total equity$1.6B+15.8%

Total assets$2.4B+10.8%

Cash flow

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Operating cash flow$220.9M+316%

CapEx$535.0K+172%

Free cash flow$220.4M+316%

Valuation

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Market cap$3.52B-31.8%

Enterprise value$3.51B-32.9%

P/E11.4×-5.8×

P/S1.4×-0.9×

Profitability

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Gross margin38.3%-0.7pp

Operating margin15.8%-0.6pp

Net margin12.2%-0.9pp

FCF margin15.3%+2.4pp

Returns & leverage

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Return on equity20.1%-3.6pp

Debt / equity0.4×-0.1×

Current ratio6.2×+0.6×

Where this comes from

Reported directly by Stride in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The official record: Stride’s 10-K, filed August 12, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.