Strategic Education Inc
Strategic Education, Inc. provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through three segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, ed… Read more
Strategic Education Inc (STRA) - Net Assets
Latest net assets as of September 2025: $1.66 Billion USD
Based on the latest financial reports, Strategic Education Inc (STRA) has net assets worth $1.66 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.11 Billion) and total liabilities ($455.86 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.66 Billion |
| % of Total Assets | 78.42% |
| Annual Growth Rate | 14.74% |
| 5-Year Change | -4.91% |
| 10-Year Change | 1063.76% |
| Growth Volatility | 151.42 |
Strategic Education Inc - Net Assets Trend (1996–2024)
This chart illustrates how Strategic Education Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Strategic Education Inc (1996–2024)
The table below shows the annual net assets of Strategic Education Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.66 Billion | +0.60% |
| 2023-12-31 | $1.65 Billion | +1.02% |
| 2022-12-31 | $1.64 Billion | -4.56% |
| 2021-12-31 | $1.71 Billion | -1.96% |
| 2020-12-31 | $1.75 Billion | +19.53% |
| 2019-12-31 | $1.46 Billion | +2.63% |
| 2018-12-31 | $1.43 Billion | +581.28% |
| 2017-12-31 | $209.20 Million | +11.05% |
| 2016-12-31 | $188.37 Million | +31.86% |
| 2015-12-31 | $142.86 Million | +54.05% |
| 2014-12-31 | $92.73 Million | +138.37% |
| 2013-12-31 | $38.90 Million | -5.09% |
| 2012-12-31 | $40.99 Million | -3.09% |
| 2011-12-31 | $42.29 Million | -75.97% |
| 2010-12-31 | $176.00 Million | -7.28% |
| 2009-12-31 | $189.82 Million | +7.80% |
| 2008-12-31 | $176.08 Million | -6.59% |
| 2007-12-31 | $188.51 Million | +9.90% |
| 2006-12-31 | $171.53 Million | +12.97% |
| 2005-12-31 | $151.84 Million | +1.96% |
| 2004-12-31 | $148.92 Million | +351.58% |
| 2003-12-31 | $32.98 Million | +417.30% |
| 2002-12-31 | $6.38 Million | +109.46% |
| 2001-12-31 | $-67.37 Million | -168.93% |
| 2000-12-31 | $97.74 Million | +20.52% |
| 1999-12-31 | $81.10 Million | -0.61% |
| 1998-12-31 | $81.60 Million | +25.35% |
| 1997-12-31 | $65.10 Million | +83.90% |
| 1996-12-31 | $35.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strategic Education Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5500.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $218.41 Million | 13.14% |
| Common Stock | $245.00K | 0.01% |
| Other Comprehensive Income | $-88.56 Million | -5.33% |
| Other Components | $1.53 Billion | 92.18% |
| Total Equity | $1.66 Billion | 100.00% |
Strategic Education Inc Competitors by Market Cap
The table below lists competitors of Strategic Education Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoreCivic Inc
NYSE:CXW
|
$1.80 Billion |
|
Legence Corp. Class A Common stock
NASDAQ:LGN
|
$1.80 Billion |
|
PennyMac Mortgage Investment Trust
NYSE:PMTW
|
$1.80 Billion |
|
Mango Excellent Media Co Ltd
SHE:300413
|
$1.81 Billion |
|
Jollibee Foods Corporation
PINK:JBFCF
|
$1.80 Billion |
|
BANCO DEL BAJIO SER.O
F:5NT
|
$1.80 Billion |
|
Beijing Vantone Real Estate Co Ltd
SHG:600246
|
$1.80 Billion |
|
Aerospace Auto
SHG:600151
|
$1.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strategic Education Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,652,518,000 to 1,662,499,000, a change of 9,981,000 (0.6%).
- Net income of 112,684,000 contributed positively to equity growth.
- Dividend payments of 58,971,000 reduced retained earnings.
- Share repurchases of 11,510,000 reduced equity.
- Other comprehensive income decreased equity by 54,318,000.
- Other factors increased equity by 22,096,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $112.68 Million | +6.78% |
| Dividends Paid | $58.97 Million | -3.55% |
| Share Repurchases | $11.51 Million | -0.69% |
| Other Comprehensive Income | $-54.32 Million | -3.27% |
| Other Changes | $22.10 Million | +1.33% |
| Total Change | $- | 0.60% |
Book Value vs Market Value Analysis
This analysis compares Strategic Education Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 37.40x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $2.15 | $80.53 | x |
| 1997-12-31 | $4.20 | $80.53 | x |
| 1998-12-31 | $5.11 | $80.53 | x |
| 1999-12-31 | $5.17 | $80.53 | x |
| 2000-12-31 | $6.35 | $80.53 | x |
| 2001-12-31 | $-4.57 | $80.53 | x |
| 2002-12-31 | $0.60 | $80.53 | x |
| 2003-12-31 | $2.22 | $80.53 | x |
| 2004-12-31 | $9.89 | $80.53 | x |
| 2005-12-31 | $10.30 | $80.53 | x |
| 2006-12-31 | $11.84 | $80.53 | x |
| 2007-12-31 | $12.99 | $80.53 | x |
| 2008-12-31 | $12.36 | $80.53 | x |
| 2009-12-31 | $13.73 | $80.53 | x |
| 2010-12-31 | $13.00 | $80.53 | x |
| 2011-12-31 | $3.54 | $80.53 | x |
| 2012-12-31 | $3.58 | $80.53 | x |
| 2013-12-31 | $3.66 | $80.53 | x |
| 2014-12-31 | $8.71 | $80.53 | x |
| 2015-12-31 | $13.30 | $80.53 | x |
| 2016-12-31 | $17.37 | $80.53 | x |
| 2017-12-31 | $18.68 | $80.53 | x |
| 2018-12-31 | $93.83 | $80.53 | x |
| 2019-12-31 | $66.19 | $80.53 | x |
| 2020-12-31 | $76.48 | $80.53 | x |
| 2021-12-31 | $71.06 | $80.53 | x |
| 2022-12-31 | $68.16 | $80.53 | x |
| 2023-12-31 | $68.98 | $80.53 | x |
| 2024-12-31 | $68.87 | $80.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strategic Education Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.24%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.23x
- Recent ROE (6.78%) is below the historical average (52.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 40.40% | 31.78% | 0.94x | 1.35x | $10.76 Million |
| 1997 | 22.12% | 27.12% | 0.68x | 1.20x | $7.89 Million |
| 1998 | 21.94% | 28.46% | 0.65x | 1.19x | $9.74 Million |
| 1999 | 23.80% | 27.65% | 0.71x | 1.21x | $11.19 Million |
| 2000 | 22.21% | 27.76% | 0.66x | 1.22x | $11.93 Million |
| 2001 | 0.00% | 24.56% | 0.84x | 0.00x | $29.55 Million |
| 2002 | 404.45% | 22.09% | 0.83x | 21.98x | $25.15 Million |
| 2003 | 102.11% | 22.90% | 0.81x | 5.54x | $30.38 Million |
| 2004 | 27.69% | 22.51% | 0.87x | 1.41x | $26.35 Million |
| 2005 | 31.66% | 21.80% | 0.98x | 1.49x | $32.88 Million |
| 2006 | 30.49% | 19.84% | 0.97x | 1.58x | $35.15 Million |
| 2007 | 34.45% | 20.42% | 0.93x | 1.82x | $46.09 Million |
| 2008 | 45.89% | 20.39% | 1.22x | 1.84x | $63.20 Million |
| 2009 | 55.36% | 20.52% | 1.33x | 2.03x | $86.10 Million |
| 2010 | 74.58% | 20.61% | 1.54x | 2.35x | $113.66 Million |
| 2011 | 250.74% | 16.90% | 2.71x | 5.47x | $101.81 Million |
| 2012 | 160.85% | 11.73% | 2.47x | 5.56x | $61.83 Million |
| 2013 | 42.22% | 3.26% | 1.98x | 6.54x | $12.53 Million |
| 2014 | 49.99% | 10.39% | 1.45x | 3.32x | $37.08 Million |
| 2015 | 28.02% | 9.21% | 1.75x | 1.74x | $25.74 Million |
| 2016 | 18.47% | 7.89% | 1.48x | 1.59x | $15.96 Million |
| 2017 | 9.85% | 4.53% | 1.42x | 1.54x | $-307.70K |
| 2018 | -1.10% | -2.47% | 0.38x | 1.17x | $-158.19 Million |
| 2019 | 5.55% | 8.14% | 0.56x | 1.22x | $-65.13 Million |
| 2020 | 4.93% | 8.39% | 0.45x | 1.31x | $-88.56 Million |
| 2021 | 3.21% | 4.87% | 0.49x | 1.35x | $-116.31 Million |
| 2022 | 2.85% | 4.38% | 0.49x | 1.32x | $-116.91 Million |
| 2023 | 4.22% | 6.16% | 0.53x | 1.29x | $-95.46 Million |
| 2024 | 6.78% | 9.24% | 0.60x | 1.23x | $-53.57 Million |
Industry Comparison
This section compares Strategic Education Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strategic Education Inc (STRA) | $1.66 Billion | 40.40% | 0.28x | $1.80 Billion |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |