Sunlands Technology (STG) EBITDA Margin (2017 - 2026)
Sunlands Technology (STG) posted quarterly EBITDA Margin of 22.37% for Q4 2025, up 1193.0% year-over-year from 1.73% in Q4 2024, and down 15.43% quarter-over-quarter from 26.46% in Q3 2025.
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Sunlands Technology (STG) EBITDA Margin (2017 - 2026) Analysis & Trends
Sunlands Technology's EBITDA Margin history runs 9 years deep, the most recent figure standing at 22.37% for Q4 2025.
- In Q4 2025, EBITDA Margin rose 1193.0% year-over-year to 22.37%; the TTM figure through Dec 2025 stood at 20.92% (up 597.0% YoY), while the FY2025 annual figure was 18.38%, up 341.0% from the prior year.
- EBITDA Margin for Q4 2025 stood at 22.37%, down from 26.46% in the prior quarter.
- The five-year high for EBITDA Margin was 31.4% in Q1 2023, with the low at 11.34% in Q1 2021.
- The 5-year median for EBITDA Margin is 21.98% (2023), against an average of 19.22%.
- The sharpest annual moves came in 2021 and 2024: EBITDA Margin surged 5344 bps in 2021, then slumped 1403 bps in 2024.
- Sunlands Technology's EBITDA Margin stood at 16.81% in 2021, then soared by 72 bps to 28.92% in 2022, then dropped by 24 bps to 21.98% in 2023, then slumped by 52 bps to 10.44% in 2024, then soared by 114 bps to 22.37% in 2025.
- Business Quant data shows STG's EBITDA Margin at 22.37% in Q4 2025, 26.46% in Q3 2025, and 23.51% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.99 Bn | 92.25 Bn | 812.22 Mn | 5.61% |
| 2 | Laureate Education | 5.11 Bn | 4.95 Bn | 237.67 Mn | 36.28% |
| 3 | Graham Holdings | 4.83 Bn | 3.58 Bn | 777.03 Mn | 7.82% |
| 4 | Covista | 4.55 Bn | 4.14 Bn | 284.63 Mn | 19.04% |
| 5 | Grand Canyon Education | 4.00 Bn | 3.73 Bn | 204.08 Mn | 22.02% |
| 6 | Stride | 3.71 Bn | 2.75 Bn | 217.28 Mn | 16.64% |
| 7 | McGraw Hill | 2.55 Bn | 2.35 Bn | 439.20 Mn | 23.76% |
| 8 | Perdoceo Education | 2.11 Bn | 799.88 Mn | 162.46 Mn | 25.72% |
| 9 | TAL Education | 1.94 Bn | -738.06 Mn | 227.32 Mn | -10.34% |
| 10 | Sunlands Technology | 38.94 Mn | 38.94 Mn | - | 23.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.78% |
| Mar 31, 2026 | 24.32% |
| Dec 31, 2025 | 22.37% |
| Sep 30, 2025 | 26.46% |
| Jun 30, 2025 | 25.90% |
| Mar 31, 2025 | 17.88% |
| Dec 31, 2024 | 10.44% |
| Sep 30, 2024 | 13.40% |
| Jun 30, 2024 | 15.57% |
| Mar 31, 2024 | 20.06% |
| Dec 31, 2023 | 21.98% |
| Sep 30, 2023 | 23.46% |
| Jun 30, 2023 | 29.60% |
| Mar 31, 2023 | 31.40% |
| Dec 31, 2022 | 28.92% |
| Sep 30, 2022 | 30.01% |
| Jun 30, 2022 | 20.28% |
| Mar 31, 2022 | 27.85% |
| Dec 31, 2021 | 16.81% |
| Sep 30, 2021 | 13.62% |