Strategic Education (STRA) Operating Margin (2009 - 2026)
Strategic Education (STRA) reported Operating Margin of 14.97% for Q2 2026, up 0.73 percentage points from 14.23% a year earlier and up 1.54 percentage points from the prior quarter.
Strategic Education (STRA) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Strategic Education's Operating Margin came in at 14.01%, up 1.30 percentage points year-over-year; for FY2025, it came in at 13.74%, up 0.98 percentage points from FY2024.
- Operating Margin has increased for four consecutive years, with a five-year change of +3.09 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 12.76% in FY2024 (+4.34 pp), 8.41% in FY2023 (+1.77 pp), 6.64% in FY2022 (+0.11 pp) and 6.53% in FY2021 (-4.11 pp).
- Five-year quarterly Operating Margin spans a low of -0.53% in Q1 2023 and a high of 17.91% in Q4 2023.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.17 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q1 2024 (a gain of 14.77 percentage points); the low point was Q4 2024 (a drop of 6.35 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.43% (Q1 2026), 15.98% (Q4 2025) and 11.58% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 20.99% |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 5.61% |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 18.09% |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 36.28% |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 6.42% |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 19.04% |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 20.60% |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 10.24% |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 16.64% |
| 10 | Strategic Education | 1.77 Bn | 1.16 Bn | - | 14.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.97% |
| Mar 31, 2026 | 13.43% |
| Dec 31, 2025 | 15.98% |
| Sep 30, 2025 | 11.58% |
| Jun 30, 2025 | 14.23% |
| Mar 31, 2025 | 13.11% |
| Dec 31, 2024 | 11.57% |
| Sep 30, 2024 | 11.87% |
| Jun 30, 2024 | 13.43% |
| Mar 31, 2024 | 14.25% |
| Dec 31, 2023 | 17.91% |
| Sep 30, 2023 | 8.96% |
| Jun 30, 2023 | 5.85% |
| Mar 31, 2023 | -0.53% |
| Dec 31, 2022 | 10.24% |
| Sep 30, 2022 | 2.97% |
| Jun 30, 2022 | 7.99% |
| Mar 31, 2022 | 5.19% |
| Dec 31, 2021 | 10.24% |
| Sep 30, 2021 | 2.72% |
Strategic Education Operating 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=operating-margin&ticker=STRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=STRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();