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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.50 Bn | 9.57 Bn | 272.27 Mn | 22.84% |
| 2 | New Oriental Education & Technology | 8.07 Bn | -2.95 Bn | 20,000.00 | 19.99% |
| 3 | TAL Education | 6.08 Bn | -6.40 Bn | 594.64 Mn | 23.71% |
| 4 | Graham Holdings | 5.21 Bn | 307.76 Mn | 392.25 Mn | 6.45% |
| 5 | Laureate Education | 4.77 Bn | 4.12 Bn | 131.69 Mn | 24.56% |
| 6 | Valvoline | 4.62 Bn | 4.33 Bn | 214.90 Mn | 20.60% |
| 7 | Covista | 4.17 Bn | 3.34 Bn | 290.78 Mn | 19.16% |
| 8 | Stride | 3.33 Bn | 151.03 Mn | 241.12 Mn | 13.18% |
| 9 | Onespaworld Holdings | 3.13 Bn | 3.03 Bn | 49.70 Mn | 10.83% |
| 10 | Strategic Education | 1.65 Bn | 1.04 Bn | - | 14.97% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();