Sunlands Technology (STG) EBITDA Margin (2017 - 2025)
Sunlands Technology (STG) recorded quarterly EBITDA Margin of 22.37% in Q4 2025, down 14.98% quarter-over-quarter from 26.32% in Q3 2025, and up 1193.0% on a YoY basis from 1.73% in Q4 2024.
Sunlands Technology (STG) EBITDA Margin (2017 - 2025) 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 21.26% (up 847.0% YoY), while the FY2025 annual figure was 5.24%, down 1159.0% from the prior year.
- EBITDA Margin was 22.37% for Q4 2025 at Sunlands Technology, down from 26.32% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 37.34% in Q2 2023 to a low of 11.34% in Q1 2021.
- Historically, EBITDA Margin has averaged 19.65% across 5 years, with a median of 23.29% in 2025.
- The sharpest annual moves came in 2021 and 2024: EBITDA Margin surged 5339 bps in 2021, then tumbled 2194 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 16.81% in 2021, then jumped by 65 bps to 27.66% in 2022, then declined by 5 bps to 26.2% in 2023, then sank by 60 bps to 10.44% in 2024, then jumped by 114 bps to 22.37% in 2025.
- The last three EBITDA Margin figures came in at 22.37% (Q4 2025), 26.32% (Q3 2025), and 23.29% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | -16.93% |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | 6.17% |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | -10.10% |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | 18.75% |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | 20.49% |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | 30.92% |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | 0.15% |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 28.47% |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | 13.43% |
| 10 | Sunlands Technology | 2.95 Mn | -111.70 Mn | 58.35 Mn | 22.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.37% |
| Sep 30, 2025 | 26.32% |
| Jun 30, 2025 | 23.29% |
| Dec 31, 2024 | 10.44% |
| Sep 30, 2024 | 1.32% |
| Jun 30, 2024 | 15.64% |
| Mar 31, 2024 | 23.37% |
| Dec 31, 2023 | 26.20% |
| Sep 30, 2023 | 23.26% |
| Jun 30, 2023 | 37.34% |
| Mar 31, 2023 | 31.48% |
| Dec 31, 2022 | 27.66% |
| Sep 30, 2022 | 28.86% |
| Jun 30, 2022 | 26.79% |
| Mar 31, 2022 | 27.85% |
| Dec 31, 2021 | 16.81% |
| Sep 30, 2021 | 13.62% |
| Jun 30, 2021 | 2.01% |
| Mar 31, 2021 | -11.34% |
| Dec 31, 2020 | -31.98% |