What is Strategic Education, Inc.'s goodwill impairment?

Strategic Education, Inc. (STRA) reported goodwill impairment of $0 in Q1 2024.

What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

Strategic Education, Inc. STRA Goodwill impairment

Discontinued — last reported Q1 '24

Goodwill impairment at other companies

Lincoln Educational Services CorporationLINC

$0—

BlackbaudBLKB

$0—

Segments

By segment

See full

Australia / New Zealand$0—

Education Technology Services$0—

U.S. Higher Education$0—

Other financials

Income statement

See full

Revenue$305.9M+0.8%

Operating income$41.1M+3.2%

Net income$32.8M+10.3%

EPS (diluted)$1.48+19.4%

Balance sheet

See full

Cash & equivalents$160.8M+2.7%

Total debt$109.2M-8.6%

Total equity$1.6B-0.5%

Total assets$2.1B+0.2%

Cash flow

See full

Operating cash flow$87.4M+29.1%

CapEx$10.1M-2.4%

Free cash flow$77.3M+34.8%

Valuation

See full

Market cap$1.74B-9.4%

Enterprise value$1.69B-10.3%

P/E13.4×-3.6×

P/S1.4×-0.2×

Profitability

See full

Operating margin13.8%+1.3pp

Net margin10.2%+1.1pp

FCF margin13.7%+4.1pp

Returns & leverage

See full

Return on equity7.9%+1.1pp

Debt / equity0.1×0.0×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by Strategic Education, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Strategic Education, Inc.’s 10-Q, filed April 25, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strategic Education, Inc.'s goodwill impairment?: Strategic Education, Inc. (STRA) reported goodwill impairment of $0 in Q1 2024.
What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.