TAL Education (TAL) Operating Leases (2018 - 2026)
TAL Education (TAL) reported Operating Leases of $286.71 million for the quarter ended May 31, 2026, up 4.1% from $275.37 million a year earlier and up 3.1% from the prior quarter.
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Analysis
TAL Education (TAL) Operating Leases (2018 - 2026) Analysis & Trends
As of Feb 28, 2026, TAL Education posted Operating Leases of $278.08 million, up 13.6% from the prior year.
- Operating Leases has increased for three consecutive years, though with a five-year compound annual growth rate of -25.3% (years ended Feb 2021 to Feb 2026).
- By year, Operating Leases came in at $244.9 million in the year ended Feb 28, 2025 (+38.7%), $176.61 million in the year ended Feb 29, 2024 (+52.8%), $115.55 million in the year ended Feb 28, 2023 (-34.3%) and $175.99 million in the year ended Feb 28, 2022 (-85.3%).
- The figure for the quarter ended May 31, 2026 ranks as the highest quarterly Operating Leases since the quarter ended Nov 30, 2021.
- Year over year, Operating Leases has now increased in each of the last 12 quarters, with growth averaging 29.7% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was the quarter ended May 31, 2024 (growth of 129.5%); the low point was the quarter ended Aug 31, 2022 (a decline of 89.4%).
- Per Business Quant data, the three quarters before the quarter ended May 31, 2026 came in at $278.08 million (quarter ended Feb 28, 2026), $273.04 million (quarter ended Nov 30, 2025) and $269.55 million (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn |
| 10 | Onespaworld Holdings | 2.43 Bn | 2.33 Bn | 44.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 286.71 Mn |
| Feb 28, 2026 | 278.08 Mn |
| Nov 30, 2025 | 273.04 Mn |
| Aug 31, 2025 | 269.55 Mn |
| May 31, 2025 | 275.37 Mn |
| Feb 28, 2025 | 244.90 Mn |
| Nov 30, 2024 | 243.35 Mn |
| Aug 31, 2024 | 262.36 Mn |
| May 31, 2024 | 273.46 Mn |
| Feb 29, 2024 | 176.61 Mn |
| Nov 30, 2023 | 156.28 Mn |
| Aug 31, 2023 | 124.99 Mn |
| May 31, 2023 | 119.16 Mn |
| Feb 28, 2023 | 115.55 Mn |
| Nov 30, 2022 | 118.06 Mn |
| Aug 31, 2022 | 120.57 Mn |
| May 31, 2022 | 133.75 Mn |
| Feb 28, 2022 | 175.99 Mn |
| Nov 30, 2021 | 634.30 Mn |
| Aug 31, 2021 | 1.13 Bn |
API Access
TAL Education Operating Leases 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-leases&ticker=TAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TAL", "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-leases&ticker=TAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();