Where do Strategic Education, Inc.'s ratios come from?

Every ratio is computed from Strategic Education, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	13.8%+1.3pp	13.7%+1.0pp	12.6%-1.7pp	12.7%-1.0pp	12.5%+0.7pp
Net margin	10.2%+1.1pp	10%+0.7pp	9.1%-1.4pp	9.3%-0.6pp	9.1%+0.4pp
EBITDA margin	17.6%+1.5pp	17.6%+1.2pp	16.3%-1.8pp	16.4%-1.5pp	16.1%-0.3pp
Free cash flow margin	13.7%+4.1pp	12.1%+1.6pp	10.5%-1.4pp	10%—	9.5%—
Returns
Return on equity	7.9%+1.1pp	7.7%+0.9pp	6.8%-0.9pp	6.9%-0.3pp	6.9%+0.6pp
Return on assets	6.2%+0.9pp	6.2%+0.8pp	5.3%-0.6pp	5.4%0.0pp	5.3%+0.6pp
Return on invested capital	8%+1.3pp	7.7%+1.1pp	6.8%-0.7pp	6.8%-0.2pp	6.7%+0.8pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1.2×-0.1×	1.3×-0.1×	1.2×-0.1×	1.3×-0.3×	1.3×-0.2×
Quick ratio	1.2×-0.1×	1.3×-0.1×	1.2×-0.1×	1.3×-0.3×	1.3×-0.2×
Cash ratio	0.6×0.0×	0.7×0.0×	0.6×-0.2×	0.6×-0.4×	0.6×-0.3×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.2×0.0×	-0.2×-0.1×	-0.2×+0.1×	-0.1×+0.1×	-0.2×0.0×
Per Share
Book value per share	$73.72+8.0%	$70.35+2.2%	$71.36+0.5%	$70.88+2.1%	$68.290.0%
Valuation
Market capitalization	$1.88B-9.4%	$1.88B-17.9%	$2.06B-5.2%	$2.09B-19.2%	$2.07B-15.0%
Enterprise value	$1.82B-10.3%	$1.84B-18.9%	$2.01B-4.2%	$2.07B-18.7%	$2.03B-15.2%
Price / earnings	14.5×-3.9×	14.9×-5.5×	18×+0.9×	18.2×-3.9×	18.4×-5.6×
Price / sales	1.5×-0.2×	1.5×-0.4×	1.6×-0.2×	1.7×-0.5×	1.7×-0.4×
Price / book	1.1×-0.1×	1.1×-0.2×	1.2×0.0×	1.3×-0.3×	1.3×-0.2×
EV / EBITDA	8.2×-2.1×	8.3×-3.1×	9.8×+0.2×	10.2×-1.8×	10.2×-2.3×
EV / sales	1.4×-0.2×	1.5×-0.4×	1.6×-0.1×	1.7×-0.5×	1.6×-0.4×
Free cash flow yield	9.3%+3.6pp	8.2%+2.6pp	6.4%-0.3pp	5.9%—	5.7%—
Earnings yield	6.9%+1.5pp	6.7%+1.8pp	5.5%-0.3pp	5.5%+1.0pp	5.4%+1.3pp
Dividend yield	3%+0.2pp	3.1%+0.5pp	2.8%+0.1pp	2.8%+0.5pp	2.9%+0.4pp

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Questions, answered.

Where do Strategic Education, Inc.'s ratios come from?: Every ratio is computed from Strategic Education, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.