Strategic Education (STRA) Net Margin (2009 - 2026)
Strategic Education (STRA) recorded Net Margin of 11.02% in Q2 2026, up 0.96 percentage points from 10.06% a year earlier and up 0.29 percentage points from the prior quarter.
Strategic Education (STRA) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Strategic Education's Net Margin came in at 10.46% as of Jun 30, 2026, up 1.19 percentage points year-over-year; for FY2025, it came in at 9.98%, up 0.75 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, with a five-year change of +1.59 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 9.24% in FY2024 (+3.08 pp), 6.16% in FY2023 (+1.78 pp), 4.38% in FY2022 (-0.49 pp) and 4.87% in FY2021 (-3.53 pp).
- Quarterly Net Margin has ranged from -0.79% in Q1 2023 to 12.93% in Q4 2023 over the past five years.
- On a year-over-year basis, Net Margin has increased for three consecutive quarters, with an average year-over-year change of +0.33 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 11.02 percentage points in Q1 2024, against a drop of 4.79 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.72% (Q1 2026), 11.73% (Q4 2025) and 8.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 11.31% |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 4.07% |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 53.80% |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 22.26% |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 21.58% |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 14.30% |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 11.84% |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 5.22% |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 12.80% |
| 10 | Strategic Education | 1.77 Bn | 1.16 Bn | - | 11.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.02% |
| Mar 31, 2026 | 10.72% |
| Dec 31, 2025 | 11.73% |
| Sep 30, 2025 | 8.32% |
| Jun 30, 2025 | 10.06% |
| Mar 31, 2025 | 9.80% |
| Dec 31, 2024 | 8.13% |
| Sep 30, 2024 | 9.07% |
| Jun 30, 2024 | 9.57% |
| Mar 31, 2024 | 10.23% |
| Dec 31, 2023 | 12.93% |
| Sep 30, 2023 | 6.46% |
| Jun 30, 2023 | 4.95% |
| Mar 31, 2023 | -0.79% |
| Dec 31, 2022 | 6.79% |
| Sep 30, 2022 | 2.32% |
| Jun 30, 2022 | 5.56% |
| Mar 31, 2022 | 2.72% |
| Dec 31, 2021 | 7.97% |
| Sep 30, 2021 | 1.43% |
Strategic Education Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=STRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "STRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=STRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();