Stride (LRN) Financials

$153.27 +0.27 (+0.18%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$151.89 -1.38 (-0.90%)

As of 05:48 AM Eastern

Annual Income Statements for Stride

This table shows Stride's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Income / (Loss) Attributable to Common Shareholders	204	127	107	71	25	37	28	0.45	9.04	11
Consolidated Net Income / (Loss)	204	127	107	71	25	37	27	-0.46	8.55	9.33
Net Income / (Loss) Continuing Operations	204	127	107	71	25	37	27	-0.46	8.55	9.33
Total Pre-Tax Income	268	173	147	95	33	48	27	4.94	13	15
Total Operating Income	250	165	157	110	32	45	26	13	14	18
Total Gross Profit	764	647	596	535	348	352	325	331	326	341
Total Revenue	2,040	1,837	1,687	1,537	1,041	1,016	918	889	873	948
Operating Revenue	2,040	1,837	1,687	1,537	1,041	1,016	918	889	873	948
Total Cost of Revenue	1,276	1,190	1,090	1,002	693	663	592	557	547	608
Operating Cost of Revenue	1,276	1,190	1,090	1,002	693	663	592	557	547	608
Total Operating Expenses	514	482	440	424	315	307	300	318	312	322
Selling, General & Admin Expense	514	482	440	424	315	307	300	306	302	308
Total Other Income / (Expense), net	18	7.05	-9.55	-15	0.97	2.88	0.97	-8.19	-0.62	-3.29
Interest & Investment Income	-8.81	-8.40	-8.28	-18	0.70	2.76	0.97	1.81	-	-
Other Income / (Expense), net	27	15	-1.28	2.83	0.27	0.11	0.00	-10	-	-3.20
Income Tax Expense	64	45	40	25	8.54	11	-0.91	5.40	4.75	5.81
Other Gains / (Losses), net	0.98	-0.33	0.14	0.68	-0.38	-0.63	0.00	-	-	-
Basic Earnings per Share	$4.79	$3.00	$2.58	$1.78	$0.62	$0.96	$0.70	$0.01	$0.24	$0.29
Weighted Average Basic Shares Outstanding	42.63M	42.29M	41.45M	40.21M	39.48M	38.85M	39.28M	38.30M	37.61M	37.33M
Diluted Earnings per Share	$4.69	$2.97	$2.52	$1.71	$0.60	$0.91	$0.68	$0.01	$0.23	$0.29
Weighted Average Diluted Shares Outstanding	43.54M	42.73M	42.44M	41.87M	40.66M	40.94M	40.64M	39.50M	38.85M	37.63M
Weighted Average Basic & Diluted Shares Outstanding	43.28M	42.99M	42.44M	41.87M	40.66M	38.80M	39.50M	45.10M	37.60M	37.90M

This table shows Stride's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	99	96	41	63	70	67	4.88	43	55	51	-23
Consolidated Net Income / (Loss)	99	96	41	63	70	67	4.88	43	55	51	-23
Net Income / (Loss) Continuing Operations	99	96	41	63	70	67	4.88	43	55	51	-23
Total Pre-Tax Income	135	130	54	79	94	89	6.42	58	75	70	-30
Total Operating Income	131	125	47	74	88	84	3.32	54	72	68	-29
Total Gross Profit	249	240	216	188	201	201	173	172	175	170	130
Total Revenue	613	587	551	534	521	505	480	483	470	458	425
Operating Revenue	613	587	551	534	521	505	480	483	470	458	425
Total Cost of Revenue	364	347	335	346	320	304	307	311	295	288	296
Operating Cost of Revenue	364	347	335	346	320	304	307	311	295	288	296
Total Operating Expenses	119	115	169	115	113	117	170	118	103	102	158
Selling, General & Admin Expense	119	115	169	115	113	117	170	118	103	102	158
Total Other Income / (Expense), net	4.57	4.66	6.43	5.20	5.27	4.52	3.10	3.79	2.38	1.89	-1.01
Interest & Investment Income	-2.79	-2.67	-2.35	-2.32	-2.40	-2.02	-2.07	-2.07	-2.21	-2.08	-2.05
Other Income / (Expense), net	7.36	7.33	8.78	7.52	7.68	6.54	5.17	5.86	4.59	3.97	1.04
Income Tax Expense	35	33	11	16	25	22	1.54	14	20	19	-7.51
Other Gains / (Losses), net	-0.56	-0.01	-1.61	0.00	0.76	0.22	-0.00	0.11	0.41	-0.40	-0.45
Basic Earnings per Share	$2.31	$2.24	$0.95	$1.48	$1.63	$1.57	$0.11	$1.03	$1.31	$1.20	($0.54)
Weighted Average Basic Shares Outstanding	43.09M	43.02M	42.87M	42.63M	42.68M	42.56M	42.50M	42.29M	42.38M	42.26M	42.08M
Diluted Earnings per Share	$2.02	$2.03	$0.94	$1.44	$1.60	$1.54	$0.11	$1.02	$1.30	$1.19	($0.54)
Weighted Average Diluted Shares Outstanding	49.18M	47.46M	43.71M	43.54M	43.66M	43.46M	42.98M	42.73M	42.71M	42.55M	42.08M
Weighted Average Basic & Diluted Shares Outstanding	43.52M	43.55M	43.59M	43.28M	43.25M	43.37M	43.34M	42.99M	43.04M	-	-

This table details how cash moves in and out of Stride's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Change in Cash & Equivalents	90	21	2.82	173	-71	52	2.25	17	18	-0.26
Net Cash From Operating Activities	279	203	207	134	80	142	105	89	122	120
Net Cash From Continuing Operating Activities	279	203	207	134	80	142	105	89	122	120
Net Income / (Loss) Continuing Operations	204	127	107	71	25	37	27	-0.46	8.55	9.33
Consolidated Net Income / (Loss)	204	127	107	71	25	37	27	-0.46	8.55	9.33
Depreciation Expense	110	110	98	90	72	71	75	74	68	80
Amortization Expense	1.64	1.60	1.57	13	0.00	0.00	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	60	25	59	26	22	20	-3.59	48	23	38
Changes in Operating Assets and Liabilities, net	-96	-60	-59	-66	-38	13	6.35	-34	22	-7.70
Net Cash From Investing Activities	-140	-118	-111	-165	-217	-61	-50	-57	-83	-68
Net Cash From Continuing Investing Activities	-140	-118	-111	-165	-217	-61	-50	-57	-83	-68
Purchase of Property, Plant & Equipment	-43	-49	-52	-35	-26	-32	-33	-29	-41	-44
Acquisitions	0.00	-1.41	0.00	-71	-168	0.00	-7.27	-9.06	-20	-6.51
Purchase of Investments	-283	-142	-89	-42	-4.37	-13	-	-	-	-
Sale and/or Maturity of Investments	204	92	45	0.00	0.00	-	-	-	-	-
Other Investing Activities, net	-19	-17	-16	-17	-19	-17	-9.93	-19	-22	-18
Net Cash From Financing Activities	-49	-64	-93	205	66	-29	-53	-15	-21	-50
Net Cash From Continuing Financing Activities	-49	-64	-93	205	66	-29	-53	-15	-21	-50
Repayment of Debt	-41	0.00	0.00	-124	-33	0.00	-13	-16	-17	-22
Repurchase of Preferred Equity	-8.20	-14	-38	-9.23	-6.76	-9.96	-10	-6.19	-3.39	-2.67
Other Financing Activities, net	0.00	-50	-55	-70	0.06	-19	-1.62	7.24	0.02	0.67

This table details how cash moves in and out of Stride's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	14	200	-183	124	22	100	-156	37	55	124	-195
Net Cash From Operating Activities	53	223	-142	172	69	173	-135	97	85	164	-143
Net Cash From Continuing Operating Activities	53	223	-142	172	69	173	-135	97	85	164	-143
Net Income / (Loss) Continuing Operations	99	96	41	63	70	67	4.88	43	55	51	-23
Consolidated Net Income / (Loss)	99	96	41	63	70	67	4.88	43	55	51	-23
Depreciation Expense	29	27	28	28	27	26	28	30	27	27	26
Amortization Expense	0.39	0.42	0.42	0.40	0.40	0.42	0.42	0.40	0.38	0.41	0.41
Non-Cash Adjustments To Reconcile Net Income	16	9.46	19	11	8.31	31	7.82	2.61	11	35	-24
Changes in Operating Assets and Liabilities, net	-91	90	-230	70	-37	48	-176	21	-9.14	51	-123
Net Cash From Investing Activities	-18	-15	-21	-39	-32	-62	-7.07	-47	-16	-29	-26
Net Cash From Continuing Investing Activities	-18	-15	-21	-39	-32	-62	-7.07	-47	-16	-29	-26
Purchase of Property, Plant & Equipment	-10	-10	-9.46	-11	-12	-8.37	-12	-13	-12	-14	-11
Purchase of Investments	-83	-86	-61	-120	-43	-89	-32	-56	-30	-36	-20
Sale and/or Maturity of Investments	81	86	54	97	27	40	41	26	29	25	12
Other Investing Activities, net	-5.61	-4.52	-5.32	-5.13	-4.80	-4.32	-4.41	-4.44	-3.27	-3.38	-6.15
Net Cash From Financing Activities	-22	-8.73	-20	-9.31	-14	-12	-14	-12	-14	-12	-25
Net Cash From Continuing Financing Activities	-22	-8.73	-20	-9.31	-14	-12	-14	-12	-14	-12	-25
Repayment of Debt	-13	-7.97	-8.75	-41	-	-	-	-	-	-	0.00
Repurchase of Preferred Equity	-8.71	-0.76	-11	-0.60	-4.44	-1.07	-2.09	-0.61	-2.60	-1.43	-8.91

This table presents Stride's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Total Assets	1,920	1,761	1,644	1,577	1,073	820	742	735	734	709
Total Current Assets	1,245	1,065	951	858	501	530	454	474	446	459
Cash & Equivalents	501	411	389	386	212	283	231	231	214	196
Short-Term Investments	192	112	-	-	-	-	-	-	-	-
Accounts Receivable	473	464	419	369	236	192	176	192	170	188
Inventories, net	37	37	36	40	28	30	26	31	31	30
Prepaid Expenses	29	25	26	19	13	13	10	8.01	9.63	11
Other Current Assets	14	17	81	43	11	12	10	12	22	25
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	675	695	693	720	572	290	288	262	288	250
Goodwill	247	247	241	240	175	90	90	87	87	66
Intangible Assets	142	75	160	157	77	15	18	20	23	21
Noncurrent Deferred & Refundable Income Taxes	7.20	8.78	0.00	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	279	365	292	323	320	185	180	154	178	162
Total Liabilities & Shareholders' Equity	1,920	1,761	1,644	1,577	1,073	820	742	735	734	709
Total Liabilities	744	813	831	773	398	186	155	160	168	162
Total Current Liabilities	244	309	302	306	273	156	116	118	123	111
Accounts Payable	41	49	62	62	40	50	29	30	26	30
Accrued Expenses	61	77	63	78	27	21	14	22	27	12
Current Deferred Revenue	36	76	54	38	24	23	23	25	26	25
Current Employee Benefit Liabilities	65	57	73	80	47	42	36	29	31	27
Other Current Liabilities	42	50	50	48	34	0.00	-	-	-	-
Total Noncurrent Liabilities	500	504	529	466	125	31	39	42	45	51
Long-Term Debt	415	413	411	299	0.00	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.00	3.21	32	14	17	13	17	18	22
Other Noncurrent Operating Liabilities	85	91	114	135	111	8.92	10	12	9.78	8.23
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,176	947	813	805	675	633	587	574	559	537
Total Preferred & Common Equity	1,176	947	813	805	675	633	587	574	559	537
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-
Total Common Equity	1,176	947	813	805	675	633	587	574	559	537
Common Stock	720	695	687	795	731	713	703	690	675	663
Retained Earnings	559	354	227	112	47	22	-13	-41	-41	-50
Treasury Stock	-102	-102	-102	-102	-102	-102	-102	-75	-75	-75
Accumulated Other Comprehensive Income / (Loss)	-0.04	-0.04	0.14	-0.47	0.09	-0.04	-0.25	-0.17	-0.29	-1.07

This table presents Stride's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	3/31/2022
Total Assets	2,208	2,071	1,972	1,892	1,782	1,768	1,700	1,575
Total Current Assets	1,513	1,388	1,291	1,209	1,089	1,080	1,007	872
Cash & Equivalents	529	515	318	377	354	255	374	309
Short-Term Investments	195	202	204	-	-	-	-	-
Accounts Receivable	700	583	676	578	510	630	475	423
Inventories, net	22	21	22	21	20	22	23	24
Prepaid Expenses	50	51	54	40	36	50	39	36
Other Current Assets	17	16	17	194	170	124	97	81
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	695	682	681	683	693	687	693	703
Goodwill	247	247	247	247	247	247	247	241
Intangible Assets	53	55	58	65	69	72	80	92
Noncurrent Deferred & Refundable Income Taxes	3.36	0.00	0.00	15	9.50	1.77	-	-
Other Noncurrent Operating Assets	392	380	376	357	368	367	366	370
Total Liabilities & Shareholders' Equity	2,208	2,071	1,972	1,892	1,782	1,768	1,700	1,575
Total Liabilities	791	753	758	789	750	809	800	794
Total Current Liabilities	270	231	231	282	241	299	284	250
Accounts Payable	40	31	50	37	31	75	35	33
Accrued Expenses	71	83	56	68	56	51	46	55
Current Deferred Revenue	33	17	32	71	64	84	94	52
Current Employee Benefit Liabilities	69	45	40	62	43	40	54	60
Other Current Liabilities	56	56	52	44	46	50	55	51
Total Noncurrent Liabilities	521	522	527	507	509	510	516	544
Long-Term Debt	416	416	415	414	414	413	413	411
Other Noncurrent Operating Liabilities	105	106	110	93	95	97	98	124
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,417	1,318	1,214	1,103	1,033	958	899	781
Total Preferred & Common Equity	1,417	1,318	1,214	1,103	1,033	958	899	781
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,417	1,318	1,214	1,103	1,033	958	899	781
Common Stock	725	725	717	710	709	702	691	684
Retained Earnings	795	696	599	496	426	359	311	199
Treasury Stock	-102	-102	-102	-102	-102	-102	-102	-102
Accumulated Other Comprehensive Income / (Loss)	-0.05	-0.04	-0.06	-0.04	-0.04	-0.04	0.06	-0.22

This table displays calculated financial ratios and metrics derived from Stride's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.03%	8.93%	9.75%	47.66%	2.46%	10.68%	3.29%	1.81%	-7.97%	3.13%
EBITDA Growth	32.41%	14.94%	17.99%	106.05%	-10.41%	16.07%	30.22%	-5.76%	-14.00%	-17.33%
EBIT Growth	52.80%	16.48%	37.13%	246.13%	-28.23%	78.51%	716.40%	-77.51%	-8.62%	-47.96%
NOPAT Growth	55.30%	7.08%	38.92%	239.42%	-32.11%	34.70%	2,264.62%	-113.64%	-21.19%	-19.96%
Net Income Growth	60.94%	18.42%	49.93%	191.57%	-34.14%	35.70%	6,073.86%	-105.37%	-8.31%	-48.52%
EPS Growth	57.91%	17.86%	47.37%	185.00%	-34.07%	33.82%	6,700.00%	-95.65%	-20.69%	-42.00%
Operating Cash Flow Growth	37.24%	-1.80%	54.22%	66.82%	-43.21%	34.29%	18.84%	-27.14%	1.41%	-2.27%
Free Cash Flow Firm Growth	8.11%	4,281.82%	96.09%	55.61%	-483.18%	310.89%	29.26%	-42.14%	-20.74%	-43.31%
Invested Capital Growth	7.26%	0.36%	16.27%	27.50%	50.18%	-1.88%	4.37%	-2.47%	-1.31%	-1.61%
Revenue Q/Q Growth	2.55%	1.56%	-15.66%	48.16%	1.23%	1.75%	2.58%	-0.62%	-1.62%	0.38%
EBITDA Q/Q Growth	5.41%	9.14%	6.04%	12.22%	6.47%	-5.33%	5.06%	-6.57%	8.48%	-18.11%
EBIT Q/Q Growth	8.39%	11.92%	13.59%	13.98%	18.95%	-13.44%	25.34%	-64.95%	577.65%	-68.00%
NOPAT Q/Q Growth	10.63%	5.85%	20.94%	12.93%	10.51%	-15.76%	29.72%	-123.89%	538.81%	-62.00%
Net Income Q/Q Growth	10.50%	13.70%	19.65%	8.52%	6.85%	-13.95%	139.06%	-107.90%	331.73%	-72.45%
EPS Q/Q Growth	9.84%	14.23%	19.43%	8.23%	1.69%	-13.33%	142.86%	-92.86%	560.00%	-68.48%
Operating Cash Flow Q/Q Growth	36.98%	-12.32%	1.20%	51.56%	12.73%	14.65%	-1.07%	-9.49%	-10.11%	37.86%
Free Cash Flow Firm Q/Q Growth	510.92%	98.37%	92.03%	-10.44%	4.00%	118.70%	-57.19%	164.33%	-75.16%	236.53%
Invested Capital Q/Q Growth	-21.25%	-10.73%	-5.48%	-4.69%	-8.39%	-11.15%	-4.29%	-9.20%	-2.64%	-14.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.43%	35.22%	35.36%	34.81%	33.39%	34.69%	35.44%	37.28%	37.38%	35.91%
EBITDA Margin	19.01%	15.94%	15.11%	14.05%	10.07%	11.52%	10.98%	8.71%	9.41%	10.07%
Operating Margin	12.23%	9.01%	9.29%	7.19%	3.12%	4.48%	2.78%	1.48%	1.59%	1.94%
EBIT Margin	13.55%	9.85%	9.21%	7.37%	3.14%	4.49%	2.78%	0.35%	1.59%	1.61%
Profit (Net Income) Margin	10.01%	6.90%	6.35%	4.65%	2.35%	3.66%	2.99%	-0.05%	0.98%	0.98%
Tax Burden Percent	76.28%	73.53%	72.84%	74.97%	73.31%	76.94%	103.43%	-9.30%	64.31%	61.61%
Interest Burden Percent	96.81%	95.36%	94.67%	84.13%	102.13%	106.05%	103.78%	157.78%	95.57%	99.40%
Effective Tax Rate	24.09%	26.28%	27.26%	25.75%	25.55%	21.75%	-3.43%	109.30%	35.69%	38.39%
Return on Invested Capital (ROIC)	21.83%	14.59%	14.68%	12.81%	5.15%	9.40%	7.06%	-0.33%	2.37%	2.96%
ROIC Less NNEP Spread (ROIC-NNEP)	14.23%	3.50%	35.69%	23.42%	4.97%	8.71%	6.58%	-0.71%	2.59%	4.21%
Return on Net Nonoperating Assets (RNNOA)	-2.60%	-0.17%	-1.43%	-3.15%	-1.41%	-3.31%	-2.34%	0.25%	-0.83%	-1.25%
Return on Equity (ROE)	19.23%	14.42%	13.25%	9.66%	3.75%	6.10%	4.72%	-0.08%	1.54%	1.71%
Cash Return on Invested Capital (CROIC)	14.82%	14.23%	-0.37%	-11.37%	-34.97%	11.31%	2.78%	2.17%	3.69%	4.58%
Operating Return on Assets (OROA)	15.02%	10.63%	9.65%	8.55%	3.46%	5.84%	3.46%	0.43%	1.93%	2.14%
Return on Assets (ROA)	11.09%	7.45%	6.65%	5.39%	2.59%	4.77%	3.71%	-0.06%	1.19%	1.31%
Return on Common Equity (ROCE)	19.23%	14.42%	13.25%	9.66%	3.75%	6.10%	4.72%	-0.08%	1.51%	1.67%
Return on Equity Simple (ROE_SIMPLE)	17.36%	13.39%	13.18%	8.88%	3.63%	5.87%	4.67%	-0.08%	1.53%	1.74%
Net Operating Profit after Tax (NOPAT)	189	122	114	82	24	36	26	-1.22	8.95	11
NOPAT Margin	9.29%	6.64%	6.76%	5.34%	2.32%	3.50%	2.88%	-0.14%	1.03%	1.20%
Net Nonoperating Expense Percent (NNEP)	7.60%	11.09%	-21.02%	-10.61%	0.18%	0.70%	0.48%	0.38%	-0.22%	-1.25%
Cost of Revenue to Revenue	62.57%	64.78%	64.64%	65.19%	66.61%	65.31%	64.56%	62.72%	62.62%	64.09%
SG&A Expenses to Revenue	25.20%	26.21%	26.08%	27.62%	30.27%	30.21%	32.66%	34.40%	34.63%	32.45%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	1.15%	1.52%
Operating Expenses to Revenue	25.20%	26.21%	26.08%	27.62%	30.27%	30.21%	32.66%	35.80%	35.78%	33.97%
Earnings before Interest and Taxes (EBIT)	277	181	155	113	33	46	26	3.13	14	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	388	293	255	216	105	117	101	77	82	96
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.59	1.69	2.15	1.66	1.65	1.93	1.15	1.27	0.87	0.90
Price to Tangible Book Value (P/TBV)	3.51	2.56	4.24	3.28	2.64	2.31	1.41	1.56	1.09	1.08
Price to Revenue (P/Rev)	1.49	0.87	1.03	0.87	1.07	1.20	0.73	0.82	0.56	0.51
Price to Earnings (P/E)	14.94	12.63	16.28	18.68	45.56	32.86	24.40	1,611.84	54.03	44.17
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	6.70%	7.92%	6.14%	5.35%	2.19%	3.04%	4.10%	0.06%	1.85%	2.26%
Enterprise Value to Invested Capital (EV/IC)	3.09	1.78	2.12	1.74	1.78	2.57	1.23	1.42	0.81	0.86
Enterprise Value to Revenue (EV/Rev)	1.36	0.81	1.05	0.81	0.97	0.95	0.51	0.58	0.35	0.35
Enterprise Value to EBITDA (EV/EBITDA)	7.15	5.10	6.93	5.78	9.58	8.24	4.65	6.70	3.71	3.44
Enterprise Value to EBIT (EV/EBIT)	10.02	8.25	11.37	11.02	30.69	21.14	18.36	165.77	21.91	21.59
Enterprise Value to NOPAT (EV/NOPAT)	14.63	12.23	15.50	15.22	41.56	27.09	17.75	0.00	34.07	28.96
Enterprise Value to Operating Cash Flow (EV/OCF)	9.94	7.35	8.54	9.30	12.49	6.81	4.45	5.85	2.50	2.74
Enterprise Value to Free Cash Flow (EV/FCFF)	21.54	12.54	0.00	0.00	0.00	22.53	45.02	64.37	21.89	18.71
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.44	0.51	0.37	0.15	0.04	0.04	0.04	0.04	0.05
Long-Term Debt to Equity	0.35	0.44	0.51	0.37	0.00	0.01	0.02	0.02	0.02	0.02
Financial Leverage	-0.18	-0.05	-0.04	-0.13	-0.28	-0.38	-0.36	-0.35	-0.32	-0.30
Leverage Ratio	1.73	1.93	1.99	1.79	1.45	1.28	1.27	1.29	1.30	1.30
Compound Leverage Factor	1.68	1.84	1.89	1.51	1.48	1.36	1.32	2.03	1.24	1.29
Debt to Total Capital	26.07%	30.36%	33.61%	27.11%	12.90%	3.75%	4.24%	3.67%	3.93%	5.15%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	12.90%	2.98%	2.18%	1.99%	2.24%	2.89%
Long-Term Debt to Total Capital	26.07%	30.36%	33.61%	27.11%	0.00%	0.77%	2.07%	1.68%	1.68%	2.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	1.27%	1.67%
Common Equity to Total Capital	73.93%	69.64%	66.39%	72.89%	87.10%	96.25%	95.76%	96.21%	94.80%	93.19%
Debt to EBITDA	1.07	1.41	1.61	1.39	0.95	0.21	0.26	0.28	0.28	0.31
Net Debt to EBITDA	-0.72	-0.37	0.09	-0.40	-1.07	-2.21	-2.03	-2.70	-2.32	-1.74
Long-Term Debt to EBITDA	1.07	1.41	1.61	1.39	0.00	0.04	0.13	0.13	0.12	0.14
Debt to NOPAT	2.19	3.39	3.61	3.65	4.14	0.69	0.98	-17.95	2.59	2.61
Net Debt to NOPAT	-1.47	-0.90	0.19	-1.06	-4.65	-7.26	-7.76	171.19	-21.33	-14.64
Long-Term Debt to NOPAT	2.19	3.39	3.61	3.65	0.00	0.14	0.48	-8.21	1.11	1.15
Altman Z-Score	5.03	3.36	3.26	2.77	3.07	5.95	4.48	4.45	3.45	3.70
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.72%	1.54%	2.42%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.10	3.45	3.15	2.80	1.83	3.40	3.91	4.02	3.62	4.15
Quick Ratio	4.77	3.19	2.67	2.47	1.64	3.05	3.51	3.59	3.12	3.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	129	119	-2.85	-73	-164	43	10	8.06	14	18
Operating Cash Flow to CapEx	649.53%	411.99%	398.32%	387.63%	313.33%	450.89%	316.88%	305.93%	295.05%	274.90%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	22.57	193.09
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	197.37	1,319.62
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	130.48	839.58
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.11	1.08	1.05	1.16	1.10	1.30	1.24	1.21	1.21	1.34
Accounts Receivable Turnover	4.36	4.17	4.28	5.08	4.87	5.52	4.98	4.91	4.88	4.95
Inventory Turnover	34.75	32.74	28.81	29.47	23.80	23.75	21.00	18.23	18.16	19.17
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	28.42	21.48	17.56	19.53	15.25	16.62	19.94	19.91	19.61	19.99
Days Sales Outstanding (DSO)	83.78	87.63	85.25	71.90	75.01	66.11	73.28	74.30	74.82	73.69
Days Inventory Outstanding (DIO)	10.50	11.15	12.67	12.39	15.33	15.37	17.38	20.02	20.10	19.04
Days Payable Outstanding (DPO)	12.84	17.00	20.78	18.68	23.93	21.97	18.30	18.33	18.61	18.26
Cash Conversion Cycle (CCC)	81.44	81.79	77.14	65.60	66.41	59.51	72.36	76.00	76.31	74.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	898	838	835	718	563	375	382	366	375	380
Invested Capital Turnover	2.35	2.20	2.17	2.40	2.22	2.68	2.45	2.40	2.31	2.47
Increase / (Decrease) in Invested Capital	61	2.99	117	155	188	-7.20	16	-9.28	-4.98	-6.22
Enterprise Value (EV)	2,772	1,493	1,766	1,248	1,004	964	469	519	305	329
Market Capitalization	3,049	1,602	1,744	1,335	1,117	1,223	674	727	488	485
Book Value per Share	$27.19	$22.01	$19.01	$19.37	$16.47	$15.75	$14.26	$14.16	$14.30	$13.99
Tangible Book Value per Share	$20.09	$14.54	$9.62	$9.81	$10.32	$13.14	$11.64	$11.51	$11.47	$11.72
Total Capital	1,591	1,360	1,224	1,104	775	658	613	597	589	576
Total Debt	415	413	411	299	100	25	26	22	23	30
Total Long-Term Debt	415	413	411	299	0.00	5.06	13	10	9.92	13
Net Debt	-278	-110	22	-87	-112	-258	-205	-209	-191	-166
Capital Expenditures (CapEx)	43	49	52	35	26	31	33	29	41	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	309	233	259	165	116	111	120	137	122	169
Debt-free Net Working Capital (DFNWC)	1,001	756	648	551	328	394	351	368	336	365
Net Working Capital (NWC)	1,001	756	648	551	228	374	338	356	323	348
Net Nonoperating Expense (NNE)	-15	-4.86	6.81	11	-0.34	-1.62	-1.00	-0.76	0.40	2.03
Net Nonoperating Obligations (NNO)	-278	-110	22	-87	-112	-258	-205	-209	-191	-166
Total Depreciation and Amortization (D&A)	111	112	99	103	72	71	75	74	68	80
Debt-free, Cash-free Net Working Capital to Revenue	15.14%	12.70%	15.36%	10.75%	11.10%	10.88%	13.08%	15.40%	13.99%	17.83%
Debt-free Net Working Capital to Revenue	49.08%	41.15%	38.45%	35.87%	31.50%	38.76%	38.26%	41.38%	38.51%	38.48%
Net Working Capital to Revenue	49.08%	41.15%	38.45%	35.87%	21.89%	36.83%	36.81%	40.05%	36.99%	36.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.79	$3.00	$2.58	$1.78	$0.62	$0.96	$0.70	$0.01	$0.24	$0.29
Adjusted Weighted Average Basic Shares Outstanding	42.63M	42.29M	41.45M	40.21M	39.48M	38.85M	39.28M	38.30M	37.61M	37.33M
Adjusted Diluted Earnings per Share	$4.69	$2.97	$2.52	$1.71	$0.60	$0.91	$0.68	$0.01	$0.23	$0.29
Adjusted Weighted Average Diluted Shares Outstanding	43.54M	42.73M	42.44M	41.87M	40.66M	40.94M	40.64M	39.50M	38.85M	37.63M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	43.28M	42.99M	42.44M	41.59M	41.31M	40.25M	39.57M	40.77M	39.67M	38.30M
Normalized Net Operating Profit after Tax (NOPAT)	189	122	114	82	24	36	18	9.19	8.95	11
Normalized NOPAT Margin	9.29%	6.64%	6.76%	5.34%	2.32%	3.50%	1.95%	1.03%	1.03%	1.20%
Pre Tax Income Margin	13.12%	9.39%	8.72%	6.20%	3.21%	4.76%	2.89%	0.56%	1.52%	1.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	22.55	167.33
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.50	124.77
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-44.34	-312.70
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-52.39	-355.27
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	100.23%	0.00%	0.00%	283.64%

This table displays calculated financial ratios and metrics derived from Stride's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.77%	16.31%	14.77%	10.49%	10.75%	10.13%	12.94%	6.21%	11.52%	0.00%	6.23%
EBITDA Growth	35.74%	36.14%	129.37%	22.15%	18.51%	17.80%	3,715.87%	37.53%	28.21%	-2.07%	67.39%
EBIT Growth	43.92%	45.80%	561.43%	35.77%	25.01%	26.07%	130.65%	47.56%	25.69%	0.00%	0.00%
NOPAT Growth	48.41%	46.99%	1,381.58%	45.05%	22.04%	27.16%	112.56%	19.90%	22.96%	0.00%	0.00%
Net Income Growth	42.56%	44.22%	738.09%	44.75%	25.65%	31.81%	121.52%	54.40%	29.22%	0.00%	-285.38%
EPS Growth	26.25%	31.82%	754.55%	41.18%	23.08%	29.41%	120.37%	56.92%	27.45%	0.00%	-260.00%
Operating Cash Flow Growth	-22.51%	28.86%	-4.95%	77.66%	-19.37%	5.48%	5.48%	-22.75%	41.21%	7.62%	0.00%
Free Cash Flow Firm Growth	192.95%	116.42%	104.26%	-105.79%	-6,879.12%	-204.40%	-213.29%	145.08%	97.72%	1,347.47%	422.06%
Invested Capital Growth	-2.74%	-6.96%	-0.91%	7.26%	21.59%	0.00%	0.00%	0.36%	6.26%	0.00%	0.00%
Revenue Q/Q Growth	4.46%	6.56%	3.16%	2.56%	3.16%	5.14%	-0.68%	2.81%	2.58%	7.83%	-6.60%
EBITDA Q/Q Growth	4.51%	89.24%	-22.89%	-10.99%	4.82%	218.84%	-58.94%	-13.64%	4.19%	9,886.29%	-101.56%
EBIT Q/Q Growth	4.32%	135.97%	-30.88%	-15.41%	5.69%	970.44%	-85.81%	-22.12%	6.58%	360.25%	-168.30%
NOPAT Q/Q Growth	3.87%	148.40%	-36.20%	-9.85%	2.88%	2,403.75%	-93.75%	-24.15%	7.19%	347.33%	-159.62%
Net Income Q/Q Growth	3.06%	135.78%	-34.88%	-9.91%	4.27%	1,270.15%	-88.75%	-21.80%	9.38%	323.65%	-180.71%
EPS Q/Q Growth	-0.49%	115.96%	-34.72%	-10.00%	3.90%	1,300.00%	-89.22%	-21.54%	9.24%	320.37%	-183.08%
Operating Cash Flow Q/Q Growth	-76.21%	257.29%	-182.46%	151.15%	-60.44%	228.11%	-239.59%	13.98%	-48.25%	214.80%	-214.08%
Free Cash Flow Firm Q/Q Growth	-24.34%	255.51%	2,292.75%	98.42%	86.63%	7.70%	-3,077.37%	1,999.99%	-100.20%	0.16%	1,284.67%
Invested Capital Q/Q Growth	9.20%	-8.23%	23.24%	-21.25%	4.46%	-2.25%	33.39%	-10.73%	0.00%	0.00%	-100.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.64%	40.85%	39.17%	35.23%	38.65%	39.85%	36.00%	35.59%	37.27%	37.10%	30.49%
EBITDA Margin	27.30%	27.29%	15.37%	20.56%	23.69%	23.31%	7.69%	18.59%	22.14%	21.80%	-0.24%
Operating Margin	21.32%	21.30%	8.59%	13.79%	16.96%	16.70%	0.69%	11.16%	15.35%	14.85%	-6.76%
EBIT Margin	22.52%	22.55%	10.18%	15.20%	18.43%	17.99%	1.77%	12.37%	16.33%	15.72%	-6.51%
Profit (Net Income) Margin	16.20%	16.42%	7.42%	11.75%	13.38%	13.24%	1.02%	8.97%	11.79%	11.06%	-5.33%
Tax Burden Percent	73.39%	74.29%	76.03%	79.59%	74.46%	75.26%	76.02%	75.12%	74.37%	72.48%	76.26%
Interest Burden Percent	97.98%	97.98%	95.81%	97.15%	97.50%	97.77%	75.63%	96.54%	97.13%	97.11%	107.39%
Effective Tax Rate	26.19%	25.71%	20.97%	20.41%	26.35%	24.99%	23.94%	25.06%	26.18%	26.96%	0.00%
Return on Invested Capital (ROIC)	31.97%	32.93%	12.89%	25.80%	23.90%	44.46%	1.78%	18.37%	22.51%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	29.89%	30.08%	26.30%	23.66%	36.01%	56.60%	4.74%	11.66%	25.57%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-3.20%	-3.10%	0.63%	-4.32%	1.38%	3.26%	0.79%	-0.58%	2.15%	0.00%	0.00%
Return on Equity (ROE)	28.77%	29.83%	13.51%	21.48%	25.28%	47.72%	2.57%	17.79%	24.67%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	28.18%	31.33%	21.09%	14.82%	-3.01%	-170.79%	-173.86%	14.23%	6.59%	0.00%	0.00%
Operating Return on Assets (OROA)	25.11%	25.68%	11.50%	16.85%	20.41%	19.57%	1.89%	13.35%	18.04%	0.00%	0.00%
Return on Assets (ROA)	18.06%	18.69%	8.38%	13.03%	14.82%	14.40%	1.09%	9.68%	13.03%	0.00%	0.00%
Return on Common Equity (ROCE)	28.77%	29.83%	13.51%	21.48%	25.28%	47.72%	2.57%	17.79%	24.67%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	21.12%	20.46%	19.78%	0.00%	16.75%	16.52%	16.11%	0.00%	12.41%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	97	93	37	59	65	63	2.53	40	53	50	-20
NOPAT Margin	15.74%	15.83%	6.79%	10.98%	12.49%	12.52%	0.53%	8.36%	11.33%	10.85%	-4.73%
Net Nonoperating Expense Percent (NNEP)	2.08%	2.85%	-13.42%	2.14%	-12.11%	-12.13%	-2.96%	6.72%	-3.06%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	5.27%	5.36%	-	-	-	4.37%	-	-	-	-	-
Cost of Revenue to Revenue	59.36%	59.15%	60.83%	64.77%	61.35%	60.15%	64.00%	64.41%	62.73%	62.90%	69.51%
SG&A Expenses to Revenue	19.32%	19.54%	30.58%	21.44%	21.70%	23.15%	35.31%	24.43%	21.91%	22.25%	37.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.32%	19.54%	30.58%	21.44%	21.70%	23.15%	35.31%	24.43%	21.91%	22.25%	37.25%
Earnings before Interest and Taxes (EBIT)	138	132	56	81	96	91	8.49	60	77	72	-28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	167	160	85	110	123	118	37	90	104	100	-1.02
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.89	3.44	3.04	2.59	2.48	2.49	2.02	1.69	1.88	0.00	0.00
Price to Tangible Book Value (P/TBV)	4.93	4.46	4.06	3.51	3.45	3.59	3.02	2.56	2.96	0.00	0.00
Price to Revenue (P/Rev)	2.41	2.07	1.75	1.49	1.37	1.33	1.02	0.87	0.94	0.76	1.05
Price to Earnings (P/E)	18.40	16.80	15.37	14.94	14.80	15.09	12.54	12.63	15.16	13.59	19.90
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.44%	5.95%	6.51%	6.70%	6.76%	6.63%	7.98%	7.92%	6.59%	7.36%	5.03%
Enterprise Value to Invested Capital (EV/IC)	4.69	4.16	3.24	3.09	2.43	2.41	1.87	1.78	1.84	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.28	1.93	1.70	1.36	1.39	1.36	1.11	0.81	0.96	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	9.96	8.84	8.23	7.15	7.54	7.55	6.33	5.10	6.45	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	12.75	11.56	11.06	10.02	10.87	11.16	9.65	8.25	10.71	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	18.20	16.63	15.97	14.63	16.19	16.50	14.34	12.23	15.02	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	16.96	13.13	13.18	9.94	13.62	11.97	9.93	7.35	7.47	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	16.40	12.80	15.28	21.54	0.00	0.00	0.00	12.54	28.85	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.32	0.34	0.35	0.38	0.40	0.43	0.44	0.46	0.00	0.00
Long-Term Debt to Equity	0.29	0.32	0.34	0.35	0.38	0.40	0.43	0.44	0.46	0.00	0.00
Financial Leverage	-0.11	-0.10	0.02	-0.18	0.04	0.06	0.17	-0.05	0.08	0.00	0.00
Leverage Ratio	1.63	1.64	1.72	1.73	1.79	1.73	1.84	1.93	1.95	0.00	0.00
Compound Leverage Factor	1.59	1.61	1.65	1.68	1.75	1.69	1.39	1.87	1.89	0.00	0.00
Debt to Total Capital	22.69%	23.97%	25.47%	26.07%	27.30%	28.61%	30.14%	30.36%	31.45%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	22.69%	23.97%	25.47%	26.07%	27.30%	28.61%	30.14%	30.36%	31.45%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	77.31%	76.03%	74.53%	73.93%	72.70%	71.39%	69.86%	69.64%	68.55%	0.00%	0.00%
Debt to EBITDA	0.80	0.87	0.95	1.07	1.13	1.19	1.25	1.41	1.54	0.00	0.00
Net Debt to EBITDA	-0.59	-0.63	-0.25	-0.72	0.10	0.17	0.48	-0.37	0.15	0.00	0.00
Long-Term Debt to EBITDA	0.80	0.87	0.95	1.07	1.13	1.19	1.25	1.41	1.54	0.00	0.00
Debt to NOPAT	1.46	1.63	1.85	2.19	2.42	2.59	2.83	3.39	3.58	0.00	0.00
Net Debt to NOPAT	-1.08	-1.19	-0.48	-1.47	0.22	0.37	1.09	-0.90	0.34	0.00	0.00
Long-Term Debt to NOPAT	1.46	1.63	1.85	2.19	2.42	2.59	2.83	3.39	3.58	0.00	0.00
Altman Z-Score	6.60	6.02	5.16	4.69	4.25	4.22	3.34	3.13	3.25	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.61	6.02	5.60	5.10	4.29	4.52	3.61	3.45	3.54	0.00	0.00
Quick Ratio	5.28	5.64	5.19	4.77	3.38	3.59	2.96	3.19	2.98	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	128	169	48	-2.17	-138	-1,029	-1,115	37	-1.97	986	984
Operating Cash Flow to CapEx	520.85%	2,170.27%	-1,500.78%	1,524.86%	594.93%	2,070.90%	-1,153.00%	736.77%	712.75%	1,215.80%	-1,337.06%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.14	1.13	1.11	1.11	1.09	1.07	1.08	1.11	0.00	0.00
Accounts Receivable Turnover	3.58	4.02	3.23	4.36	3.78	3.80	3.01	4.17	4.03	0.00	0.00
Inventory Turnover	64.16	67.05	59.20	34.75	56.55	62.41	55.26	32.74	49.77	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	36.00	43.34	20.93	28.42	34.30	38.87	16.12	21.48	34.26	0.00	0.00
Days Sales Outstanding (DSO)	102.00	90.88	112.85	83.78	96.55	95.94	121.44	87.63	90.52	0.00	0.00
Days Inventory Outstanding (DIO)	5.69	5.44	6.17	10.50	6.45	5.85	6.60	11.15	7.33	0.00	0.00
Days Payable Outstanding (DPO)	10.14	8.42	17.44	12.84	10.64	9.39	22.65	17.00	10.66	0.00	0.00
Cash Conversion Cycle (CCC)	97.55	87.90	101.58	81.44	92.36	92.40	105.39	81.79	87.20	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,110	1,016	1,107	898	1,141	1,092	1,117	838	938	0.00	0.00
Invested Capital Turnover	2.03	2.08	1.90	2.35	1.91	3.55	3.39	2.20	1.99	0.00	0.00
Increase / (Decrease) in Invested Capital	-31	-76	-10	61	203	1,092	1,117	2.99	55	-936	-1,004
Enterprise Value (EV)	5,201	4,229	3,585	2,772	2,772	2,633	2,095	1,493	1,731	0.00	0.00
Market Capitalization	5,509	4,531	3,692	3,049	2,735	2,573	1,936	1,602	1,692	1,346	1,798
Book Value per Share	$32.55	$30.24	$28.06	$27.19	$25.44	$23.83	$22.29	$22.01	$20.86	$0.00	$0.00
Tangible Book Value per Share	$25.67	$23.31	$21.03	$20.09	$18.26	$16.55	$14.89	$14.54	$13.28	$0.00	$0.00
Total Capital	1,833	1,734	1,629	1,591	1,517	1,447	1,372	1,360	1,312	0.00	0.00
Total Debt	416	416	415	415	414	414	413	413	413	0.00	0.00
Total Long-Term Debt	416	416	415	415	414	414	413	413	413	0.00	0.00
Net Debt	-308	-302	-107	-278	38	59	159	-110	39	0.00	0.00
Capital Expenditures (CapEx)	10	10	9.46	11	12	8.37	12	13	12	14	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	520	440	538	309	551	494	527	233	349	0.00	0.00
Debt-free Net Working Capital (DFNWC)	1,243	1,158	1,061	1,001	927	848	781	756	723	0.00	0.00
Net Working Capital (NWC)	1,243	1,158	1,061	1,001	927	848	781	756	723	0.00	0.00
Net Nonoperating Expense (NNE)	-2.81	-3.46	-3.47	-4.14	-4.64	-3.61	-2.35	-2.94	-2.16	-0.98	2.57
Net Nonoperating Obligations (NNO)	-308	-302	-107	-278	38	59	159	-110	39	0.00	0.00
Total Depreciation and Amortization (D&A)	29	28	29	29	27	27	28	30	27	28	27
Debt-free, Cash-free Net Working Capital to Revenue	22.74%	20.08%	25.51%	15.14%	27.67%	25.46%	27.82%	12.70%	19.29%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	54.40%	52.79%	50.25%	49.08%	46.60%	43.74%	41.28%	41.15%	39.94%	0.00%	0.00%
Net Working Capital to Revenue	54.40%	52.79%	50.25%	49.08%	46.60%	43.74%	41.28%	41.15%	39.94%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.31	$2.24	$0.95	$1.48	$1.63	$1.57	$0.11	$1.03	$1.31	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	43.09M	43.02M	42.87M	42.63M	42.68M	42.56M	42.50M	42.29M	42.38M	0.00	0.00
Adjusted Diluted Earnings per Share	$2.02	$2.03	$0.94	$1.44	$1.60	$1.54	$0.11	$1.02	$1.30	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	49.18M	47.46M	43.71M	43.54M	43.66M	43.46M	42.98M	42.73M	42.71M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	43.52M	43.55M	43.59M	43.28M	43.25M	43.37M	43.34M	42.99M	43.04M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	97	93	37	59	65	63	2.53	40	53	50	-20
Normalized NOPAT Margin	15.74%	15.83%	6.79%	10.98%	12.49%	12.52%	0.53%	8.36%	11.33%	10.85%	-4.73%
Pre Tax Income Margin	22.07%	22.10%	9.76%	14.77%	17.97%	17.59%	1.34%	11.94%	15.86%	15.26%	-6.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Stride's Financials

When does Stride's financial year end?

According to the most recent income statement we have on file, Stride's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Stride's net income changed over the last 9 years?

Stride's net income appears to be on an upward trend, with a most recent value of $204.18 million in 2024, rising from $9.33 million in 2015. The previous period was $126.87 million in 2023. See where experts think Stride is headed by visiting Stride's forecast page.

What is Stride's operating income?

Stride's total operating income in 2024 was $249.60 million, based on the following breakdown:

Total Gross Profit: $763.60 million
Total Operating Expenses: $514.00 million

How has Stride revenue changed over the last 9 years?

Over the last 9 years, Stride's total revenue changed from $948.29 million in 2015 to $2.04 billion in 2024, a change of 115.1%.

How much debt does Stride have?

Stride's total liabilities were at $744.44 million at the end of 2024, a 8.5% decrease from 2023, and a 359.4% increase since 2015.

How much cash does Stride have?

In the past 9 years, Stride's cash and equivalents has ranged from $195.85 million in 2015 to $500.61 million in 2024, and is currently $500.61 million as of their latest financial filing in 2024.

How has Stride's book value per share changed over the last 9 years?

Over the last 9 years, Stride's book value per share changed from 13.99 in 2015 to 27.19 in 2024, a change of 94.3%.

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This page (NYSE:LRN) was last updated on 5/28/2025 by MarketBeat.com Staff

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Stride (LRN) Financials

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Stride (LRN) Financials

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