TAL Education Group (TAL) Financials

$9.83 -0.80 (-7.53%)

Closing price 05/30/2025 03:59 PM Eastern

Extended Trading

$9.84 +0.01 (+0.10%)

As of 05/30/2025 07:47 PM Eastern

Annual Income Statements for TAL Education Group

This table shows TAL Education Group'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	2014
Period end date	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015	2/28/2014
Net Income / (Loss) Attributable to Common Shareholders	-3.57	-136	-1,136	-116	-110	367	198	117	103	67	61
Consolidated Net Income / (Loss)	-4.14	-132	-1,164	-143	-128	365	195	112	103	67	61
Net Income / (Loss) Continuing Operations	-4.14	-132	-1,164	-143	-128	365	195	112	103	67	61
Total Pre-Tax Income	17	-110	-778	-225	-51	457	247	155	137	77	67
Total Operating Income	-69	-91	-615	-438	137	342	209	135	85	67	57
Total Gross Profit	806	583	2,188	2,447	1,805	1,399	833	521	316	231	162
Total Revenue	1,490	1,020	4,391	4,496	3,273	2,563	1,715	1,043	620	434	314
Operating Revenue	1,490	1,020	4,391	4,496	3,273	2,563	1,715	1,043	620	434	314
Total Cost of Revenue	684	436	2,203	2,049	1,469	1,164	882	522	304	203	152
Operating Cost of Revenue	684	436	2,203	2,049	1,469	1,164	882	522	304	203	152
Total Operating Expenses	875	674	2,802	2,885	1,667	1,057	624	386	231	164	105
Selling, General & Admin Expense	430	414	1,200	1,117	795	580	386	263	161	110	70
Marketing Expense	462	283	1,118	1,680	853	484	242	126	74	54	36
Other Operating Expenses / (Income)	-16	-23	-21	-19	-9.47	-6.72	-4.65	-3.11	-3.33	-0.46	-1.10
Impairment Charge	0.00	0.00	505	108	29	0.00	0.36	0.00	0.00	-	-
Total Other Income / (Expense), net	87	-19	-164	214	-188	116	38	20	52	9.99	9.84
Interest Expense	0.00	0.00	7.87	17	12	18	-23	13	7.50	-11	0.00
Interest & Investment Income	38	54	-173	90	-81	1.52	-2.21	10	11	0.00	9.44
Other Income / (Expense), net	49	-73	17	141	-95	132	17	23	48	-0.81	0.40
Income Tax Expense	15	20	397	-70	69	77	45	34	33	9.37	6.68
Other Gains / (Losses), net	-6.24	-2.25	11	12	-7.67	-16	-7.68	-8.03	-0.66	-0.73	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.57	3.63	-28	-27	-17	-2.72	-3.78	-4.39	-0.12	-0.01	0.00
Basic Earnings per Share	($0.02)	($0.64)	($5.29)	($0.57)	($0.56)	$1.93	$1.13	$0.72	$0.64	$0.42	$0.39
Weighted Average Basic Shares Outstanding	203.30M	212.58M	214.83M	203.60M	198.18M	189.95M	174.98M	162.55M	160.11M	158.38M	156.73M
Diluted Earnings per Share	($0.02)	($0.64)	($5.29)	($0.57)	($0.56)	$1.83	$1.03	$0.66	$0.60	$0.41	$0.38
Weighted Average Diluted Shares Outstanding	203.30M	212.58M	214.83M	203.60M	198.18M	200.22M	194.33M	188.51M	183.06M	163.59M	159.44M
Weighted Average Basic & Diluted Shares Outstanding	201.41M	212.32M	215.94M	214.93M	199.84M	197.06M	188.96M	164.59M	161.77M	159.83M	157.74M

No quarterly income statements for TAL Education Group are available.

This table details how cash moves in and out of TAL Education Group'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	2014
Period end date	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015	2/28/2014
Net Change in Cash & Equivalents	163	-387	-2,336	3,103	651	536	249	40	-36	200	85
Net Cash From Operating Activities	306	7.36	-939	955	856	194	685	379	197	148	102
Net Cash From Continuing Operating Activities	306	7.36	-939	955	856	194	685	379	197	148	102
Net Income / (Loss) Continuing Operations	-4.14	-132	-1,164	-143	-128	365	195	112	103	67	61
Consolidated Net Income / (Loss)	-4.14	-132	-1,164	-143	-128	365	195	112	103	67	61
Depreciation Expense	24	35	171	137	100	77	51	29	18	12	9.55
Amortization Expense	6.12	5.42	19	28	18	12	8.31	4.63	1.03	0.74	0.46
Non-Cash Adjustments To Reconcile Net Income	15	248	2,663	60	205	13	51	28	-20	18	8.02
Changes in Operating Assets and Liabilities, net	265	-149	-2,627	872	661	-272	380	205	96	50	23
Net Cash From Investing Activities	95	-302	1,369	-2,641	-339	-167	-833	-515	-215	-146	-17
Net Cash From Continuing Investing Activities	95	-302	1,369	-2,641	-339	-167	-833	-515	-215	-146	-17
Purchase of Property, Plant & Equipment	-113	-110	-246	-245	-178	-138	-126	-71	-35	-31	-11
Acquisitions	-1.49	-0.25	-0.12	-13	-10	-74	-16	-27	-22	-6.11	-8.20
Purchase of Investments	-865	-1,868	-1,482	-2,588	-664	-825	-1,394	-379	-146	-76	-25
Sale of Property, Plant & Equipment	2.71	20	26	0.75	0.54	1.71	0.93	0.56	0.39	0.09	0.04
Sale and/or Maturity of Investments	1,068	1,664	3,070	209	578	1,107	677	137	93	22	101
Other Investing Activities, net	3.08	-7.68	1.57	-5.88	-65	-239	26	-175	-106	-55	-75
Net Cash From Financing Activities	-233	-66	-2,767	4,795	131	475	428	179	-8.79	202	0.00
Net Cash From Continuing Financing Activities	-233	-66	-2,767	4,795	131	475	428	179	-8.79	202	0.00
Repayment of Debt	0.00	0.00	-2,570	-3.52	61	-15	0.00	-25	0.00	0.00	-
Repurchase of Common Equity	-234	-66	-196	-9.85	0.00	0.00	-	-	-	-	-
Payment of Dividends	0.00	0.00	-1.78	0.00	-5.18	-4.41	-60	-16	0.00	0.00	-
Other Financing Activities, net	0.46	0.18	1.37	8.18	76	-5.52	-12	-18	-8.79	-23	0.00
Effect of Exchange Rate Changes	-5.58	-26	0.95	-5.28	3.22	33	-32	-3.41	-9.13	-3.40	0.69
Cash Interest Paid	0.00	0.00	9.43	8.38	6.71	13	14	7.33	5.75	2.78	0.00
Cash Income Taxes Paid	2.48	5.57	118	159	122	62	71	37	21	12	16

No quarterly cash flow statements for TAL Education Group are available.

This table presents TAL Education Group'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	2014
Period end date	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015	2/28/2014
Total Assets	4,928	4,724	5,083	12,112	5,571	3,735	3,055	1,829	1,061	772	428
Total Current Assets	3,699	3,468	3,629	8,157	2,496	1,746	1,662	871	516	539	300
Cash & Equivalents	2,209	2,022	1,638	3,243	1,874	1,247	712	470	434	470	270
Restricted Cash	168	127	756	1,759	28	9.23	6.27	2.73	1.08	0.61	0.33
Short-Term Investments	1,095	1,150	1,071	2,695	345	268	787	229	27	0.77	0.00
Accounts Receivable	0.34	0.42	0.92	2.96	3.64	3.34	3.23	3.42	2.59	0.16	0.00
Inventories, net	68	39	22	39	26	7.75	5.27	2.82	0.60	0.54	0.18
Prepaid Expenses	159	125	123	403	207	203	133	160	32	38	17
Current Deferred & Refundable Income Taxes	0.00	5.07	20	16	12	7.20	15	2.24	0.74	7.78	13
Plant, Property, & Equipment, net	405	289	281	511	367	288	247	154	115	94	79
Total Noncurrent Assets	823	967	1,172	3,444	2,709	1,701	1,145	803	431	139	49
Long-Term Investments	284	453	414	668	572	851	598	348	274	97	27
Intangible Assets	1.99	0.49	1.70	66	59	75	44	38	15	3.69	2.54
Noncurrent Deferred & Refundable Income Taxes	4.62	5.97	6.75	317	80	29	17	16	6.65	1.71	0.56
Other Noncurrent Operating Assets	452	361	461	1,923	1,607	324	186	129	42	20	8.31
Other Noncurrent Nonoperating Assets	81	146	288	16	13	7.33	9.91	5.66	3.88	3.77	2.55
Total Liabilities & Shareholders' Equity	4,928	4,724	5,083	12,112	5,571	3,735	3,055	1,829	1,061	772	428
Total Liabilities	1,289	903	1,080	6,908	3,027	1,205	1,414	1,148	621	459	168
Total Current Liabilities	1,082	784	903	3,374	1,807	1,184	1,133	667	383	233	167
Short-Term Debt	63	42	-	270	0.00	215	0.00	-	-	-	-
Accounts Payable	127	60	90	357	122	131	66	26	15	4.73	2.35
Accrued Expenses	492	447	559	911	553	365	229	117	70	44	27
Current Deferred Revenue	400	235	188	1,387	780	434	824	504	281	178	132
Other Current Liabilities	0.10	0.10	66	383	305	0.00	-	-	-	-	-
Total Noncurrent Liabilities	207	120	178	3,534	1,220	21	281	481	237	226	0.85
Capital Lease Obligations	177	116	-	-	-	-	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	2.36	1.56	1.68	10	7.79	18	20	13	1.30	0.23	0.03
Other Noncurrent Operating Liabilities	28	2.47	176	1,194	950	0.47	6.34	0.00	-	-	0.81
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,639	3,821	4,002	5,203	2,544	2,530	1,640	681	441	314	260
Total Preferred & Common Equity	3,662	3,845	4,030	5,202	2,516	2,484	1,621	644	437	313	260
Total Common Equity	3,662	3,845	4,030	5,202	2,516	2,484	1,621	644	437	313	260
Common Stock	4,257	4,401	4,358	4,369	1,676	1,486	885	142	109	83	93
Retained Earnings	-694	-686	-544	625	786	920	565	418	306	208	144
Accumulated Other Comprehensive Income / (Loss)	-66	-31	62	86	-29	17	132	56	-0.95	4.17	7.85
Other Equity Adjustments	165	160	154	121	83	61	38	28	23	19	15
Noncontrolling Interest	-23	-24	-28	0.95	28	47	20	37	3.76	0.28	0.00

No quarterly balance sheets for TAL Education Group are available.

This table displays calculated financial ratios and metrics derived from TAL Education Group's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	2/29/2024	2/28/2023	2/28/2022	2/28/2021	2/29/2020	2/28/2019	2/28/2018	2/28/2017	2/29/2016	2/28/2015	2/28/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	46.15%	-76.78%	-2.33%	37.35%	27.71%	49.44%	64.42%	68.26%	42.86%	38.25%	38.93%
EBITDA Growth	107.66%	69.86%	-208.84%	-182.44%	-71.51%	97.09%	49.15%	25.73%	92.75%	16.37%	71.38%
EBIT Growth	87.49%	72.62%	-100.97%	-805.51%	-91.10%	109.42%	43.35%	18.63%	100.04%	14.96%	79.50%
NOPAT Growth	86.88%	85.24%	-40.23%	-418.84%	-66.17%	66.44%	62.86%	63.32%	8.73%	14.30%	84.71%
Net Income Growth	96.86%	88.66%	-713.94%	-12.06%	-135.02%	87.25%	73.05%	9.47%	53.04%	10.79%	81.24%
EPS Growth	96.88%	87.90%	-828.07%	-1.79%	-130.60%	77.67%	56.06%	9.47%	53.04%	7.89%	80.95%
Operating Cash Flow Growth	4,061.08%	100.78%	-198.37%	11.55%	340.34%	-71.64%	80.81%	92.24%	33.59%	45.31%	55.26%
Free Cash Flow Firm Growth	109.96%	64.56%	-419.41%	-43.81%	254.30%	-164.89%	1,168.10%	-143.86%	98.35%	-41.93%	190.19%
Invested Capital Growth	-48.42%	149.07%	72.83%	-2,220.74%	-107.19%	253.95%	-402.21%	208.00%	-118.81%	17.31%	-2,123.20%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	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 Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.09%	57.21%	49.82%	54.43%	55.14%	54.57%	48.55%	49.93%	51.02%	53.21%	51.72%
EBITDA Margin	0.63%	-12.05%	-9.29%	-2.94%	4.89%	21.93%	16.63%	18.33%	24.53%	18.18%	21.60%
Operating Margin	-4.64%	-8.90%	-14.00%	-9.75%	4.20%	13.33%	12.16%	12.90%	13.72%	15.50%	18.29%
EBIT Margin	-1.37%	-16.04%	-13.61%	-6.61%	1.29%	18.47%	13.18%	15.12%	21.44%	15.31%	18.41%
Profit (Net Income) Margin	-0.28%	-12.94%	-26.52%	-3.18%	-3.90%	14.22%	11.35%	10.78%	16.58%	15.47%	19.31%
Tax Burden Percent	-23.67%	120.29%	149.63%	63.68%	252.01%	79.73%	78.81%	72.77%	75.06%	86.93%	90.07%
Interest Burden Percent	-85.44%	67.07%	130.22%	75.54%	-120.18%	96.60%	109.28%	98.04%	103.01%	116.26%	116.42%
Effective Tax Rate	87.97%	0.00%	0.00%	0.00%	0.00%	16.73%	18.08%	22.04%	24.46%	12.13%	9.93%
Return on Invested Capital (ROIC)	-13.61%	0.00%	0.00%	0.00%	57.09%	446.96%	0.00%	3,628.47%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-13.73%	0.00%	0.00%	0.00%	66.54%	443.00%	0.00%	3,627.12%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	13.50%	0.00%	0.00%	0.00%	-62.12%	-429.48%	0.00%	-3,608.41%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-0.11%	-3.37%	-25.29%	-3.69%	-5.03%	17.48%	16.77%	20.06%	27.25%	23.41%	26.85%
Cash Return on Invested Capital (CROIC)	50.28%	-382.44%	0.00%	0.00%	0.00%	-86.63%	0.00%	-58.15%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-0.42%	-3.34%	-6.95%	-3.36%	0.91%	13.94%	9.26%	10.91%	14.50%	11.07%	15.54%
Return on Assets (ROA)	-0.09%	-2.69%	-13.54%	-1.62%	-2.74%	10.74%	7.97%	7.78%	11.21%	11.19%	16.30%
Return on Common Equity (ROCE)	-0.11%	-3.40%	-25.36%	-3.68%	-4.96%	17.20%	16.36%	19.34%	27.10%	23.40%	26.85%
Return on Equity Simple (ROE_SIMPLE)	-0.11%	-3.43%	-28.89%	-2.75%	-5.07%	14.68%	12.01%	17.46%	23.52%	21.43%	23.31%
Net Operating Profit after Tax (NOPAT)	-8.33	-64	-430	-307	96	284	171	105	64	59	52
NOPAT Margin	-0.56%	-6.23%	-9.80%	-6.82%	2.94%	11.10%	9.96%	10.06%	10.36%	13.62%	16.47%
Net Nonoperating Expense Percent (NNEP)	0.11%	-1.73%	-14.72%	3.91%	-9.45%	3.96%	1.92%	1.35%	8.96%	2.49%	3.61%
Cost of Revenue to Revenue	45.91%	42.79%	50.18%	45.57%	44.87%	45.43%	51.45%	50.07%	48.98%	46.79%	48.28%
SG&A Expenses to Revenue	28.85%	40.58%	27.32%	24.85%	24.29%	22.62%	22.52%	25.24%	25.97%	25.40%	22.40%
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	58.73%	66.11%	63.82%	64.18%	50.94%	41.24%	36.39%	37.02%	37.30%	37.71%	33.44%
Earnings before Interest and Taxes (EBIT)	-20	-164	-598	-297	42	473	226	158	133	66	58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9.41	-123	-408	-132	160	562	285	191	152	79	68
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.85	0.39	0.15	2.98	4.26	2.71	23.01	21.62	18.85	15.40	14.19
Price to Tangible Book Value (P/TBV)	0.85	0.39	0.15	3.31	5.16	3.37	29.00	41.08	24.61	16.23	14.76
Price to Revenue (P/Rev)	2.10	1.49	0.14	3.45	3.27	2.62	21.74	13.36	13.29	11.12	11.75
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	18.32	187.91	119.19	80.07	71.86	60.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.96%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	5.46%	0.53%	0.84%	1.25%	1.39%	1.64%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	12.70	0.00	171.26	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	2.16	2.50	1.80	20.67	12.82	12.47	10.33	10.80
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	51.14	8.21	124.26	69.91	50.84	56.82	50.01
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	194.31	9.75	156.82	84.79	58.18	67.48	58.67
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	85.12	16.22	207.39	127.40	120.35	75.87	65.59
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	10.16	9.57	23.74	51.72	35.27	39.22	30.38	33.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	35.58	16.87	0.00	73.10	0.00	74.71	85.93	37.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.07	0.04	0.00	0.49	0.10	0.09	0.14	0.66	0.52	0.72	0.00
Long-Term Debt to Equity	0.05	0.03	0.00	0.44	0.10	0.00	0.14	0.66	0.52	0.72	0.00
Financial Leverage	-0.98	-1.01	-1.08	-1.08	-0.93	-0.97	-1.07	-0.99	-1.14	-1.13	-1.09
Leverage Ratio	1.29	1.25	1.87	2.28	1.83	1.63	2.10	2.58	2.43	2.09	1.65
Compound Leverage Factor	-1.11	0.84	2.43	1.72	-2.20	1.57	2.30	2.53	2.50	2.43	1.92
Debt to Total Capital	6.17%	3.96%	0.00%	33.06%	9.33%	7.84%	12.58%	39.80%	34.08%	41.89%	0.00%
Short-Term Debt to Total Capital	1.61%	1.06%	0.00%	3.47%	0.00%	7.84%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.55%	2.90%	0.00%	29.58%	9.33%	0.00%	12.58%	39.80%	34.08%	41.89%	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	-0.60%	-0.60%	-0.70%	0.04%	1.01%	1.70%	1.05%	3.24%	0.56%	0.05%	0.00%
Common Equity to Total Capital	94.43%	96.63%	100.70%	66.91%	89.65%	90.46%	86.37%	56.96%	65.36%	58.06%	100.00%
Debt to EBITDA	25.42	-1.28	0.00	-19.47	1.64	0.38	0.83	2.35	1.50	2.87	0.00
Net Debt to EBITDA	-373.69	29.25	0.00	43.89	-15.97	-3.84	-6.54	-3.14	-3.35	-4.34	0.00
Long-Term Debt to EBITDA	18.77	-0.94	0.00	-17.42	1.64	0.00	0.83	2.35	1.50	2.87	0.00
Debt to NOPAT	-28.71	-2.48	0.00	-8.38	2.72	0.76	1.38	4.29	3.55	3.83	0.00
Net Debt to NOPAT	422.02	56.59	0.00	18.89	-26.58	-7.59	-10.92	-5.72	-7.92	-5.80	0.00
Long-Term Debt to NOPAT	-21.20	-1.82	0.00	-7.50	2.72	0.00	1.38	4.29	3.55	3.83	0.00
Altman Z-Score	2.18	1.59	1.31	2.18	3.08	4.98	17.09	8.59	9.52	8.01	15.23
Noncontrolling Interest Sharing Ratio	-0.63%	-0.66%	-0.27%	0.40%	1.48%	1.59%	2.43%	3.60%	0.54%	0.05%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.42	4.42	4.02	2.42	1.38	1.47	1.47	1.31	1.35	2.32	1.80
Quick Ratio	3.05	4.05	3.00	1.76	1.23	1.28	1.33	1.05	1.21	2.03	1.62
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	31	-309	-871	273	485	-315	485	-45	103	52	90
Operating Cash Flow to CapEx	278.27%	8.15%	-426.90%	390.79%	482.09%	142.18%	546.42%	537.22%	568.22%	482.20%	940.96%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-110.69	16.10	41.07	-17.85	0.00	-3.45	13.80	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	-119.32	56.34	72.41	11.03	0.00	28.83	26.29	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-147.27	41.92	57.39	3.27	0.00	23.47	21.66	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.21	0.51	0.51	0.70	0.76	0.70	0.72	0.68	0.72	0.84
Accounts Receivable Turnover	3,891.49	1,519.78	2,261.61	1,361.11	937.51	780.21	515.54	346.62	450.23	0.00	0.00
Inventory Turnover	12.75	14.35	72.83	63.51	87.46	178.84	217.99	305.14	530.59	559.55	512.03
Fixed Asset Turnover	4.29	3.58	11.08	10.24	10.00	9.58	8.54	7.76	5.96	5.04	4.06
Accounts Payable Turnover	7.31	5.82	9.85	8.55	11.61	11.81	19.17	25.88	31.29	57.39	69.53
Days Sales Outstanding (DSO)	0.09	0.24	0.16	0.27	0.39	0.47	0.71	1.05	0.81	0.00	0.00
Days Inventory Outstanding (DIO)	28.62	25.44	5.01	5.75	4.17	2.04	1.67	1.20	0.69	0.65	0.71
Days Payable Outstanding (DPO)	49.95	62.75	37.05	42.71	31.44	30.91	19.04	14.10	11.67	6.36	5.25
Cash Conversion Cycle (CCC)	-21.24	-37.07	-31.88	-36.69	-26.88	-28.40	-16.65	-11.85	-10.17	-5.71	-4.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	42	81	-165	-606	-26	363	-236	78	-72	-33	-40
Invested Capital Turnover	24.36	-24.34	-11.40	-14.23	19.42	40.28	-21.73	360.69	-11.78	-11.89	-15.04
Increase / (Decrease) in Invested Capital	-39	245	441	-580	-389	599	-314	150	-39	6.92	-38
Enterprise Value (EV)	-412	-2,100	-3,296	9,704	8,189	4,613	35,442	13,368	7,732	4,483	3,391
Market Capitalization	3,127	1,518	610	15,495	10,718	6,727	37,289	13,931	8,238	4,826	3,688
Book Value per Share	$17.25	$18.09	$18.75	$26.03	$12.77	$13.14	$9.85	$3.98	$2.73	$1.99	$1.67
Tangible Book Value per Share	$17.24	$18.08	$18.74	$23.43	$10.54	$10.56	$7.81	$2.10	$2.09	$1.88	$1.60
Total Capital	3,878	3,979	4,002	7,775	2,806	2,746	1,877	1,131	669	540	260
Total Debt	239	158	0.00	2,570	262	215	236	450	228	226	0.00
Total Long-Term Debt	177	116	0.00	2,300	262	0.00	236	450	228	226	0.00
Net Debt	-3,516	-3,594	-3,879	-5,794	-2,557	-2,160	-1,867	-600	-509	-343	-297
Capital Expenditures (CapEx)	110	90	220	244	178	137	125	71	35	31	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-791	-572	-738	-2,643	-1,558	-747	-977	-498	-330	-165	-137
Debt-free Net Working Capital (DFNWC)	2,680	2,727	2,727	5,053	689	777	529	204	133	307	134
Net Working Capital (NWC)	2,617	2,685	2,727	4,783	689	562	529	204	133	307	134
Net Nonoperating Expense (NNE)	-4.19	68	734	-164	224	-80	-24	-7.56	-39	-8.05	-8.91
Net Nonoperating Obligations (NNO)	-3,597	-3,740	-4,167	-5,810	-2,570	-2,167	-1,876	-603	-513	-347	-300
Total Depreciation and Amortization (D&A)	30	41	190	165	118	89	59	34	19	12	10
Debt-free, Cash-free Net Working Capital to Revenue	-53.10%	-56.06%	-16.80%	-58.80%	-47.60%	-29.16%	-56.94%	-47.78%	-53.21%	-37.94%	-43.53%
Debt-free Net Working Capital to Revenue	179.78%	267.38%	62.10%	112.39%	21.06%	30.33%	30.82%	19.56%	21.40%	70.71%	42.57%
Net Working Capital to Revenue	175.58%	263.25%	62.10%	106.39%	21.06%	21.93%	30.82%	19.56%	21.40%	70.71%	42.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.02)	($0.64)	($5.29)	($0.57)	($0.56)	$1.93	$1.13	$0.12	$0.11	$0.07	$0.07
Adjusted Weighted Average Basic Shares Outstanding	203.30M	212.58M	214.83M	203.60M	198.18M	189.95M	174.98M	975.29M	960.66M	950.29M	940.36M
Adjusted Diluted Earnings per Share	($0.02)	($0.64)	($5.29)	($0.57)	($0.56)	$1.83	$1.03	$0.11	$0.10	$0.07	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	203.30M	212.58M	214.83M	203.60M	198.18M	200.22M	194.33M	1.13B	1.10B	981.54M	956.67M
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	201.41M	212.32M	215.94M	214.93M	199.84M	197.06M	188.96M	987.52M	970.59M	958.97M	946.41M
Normalized Net Operating Profit after Tax (NOPAT)	-48	-64	-77	-231	117	284	171	105	64	59	52
Normalized NOPAT Margin	-3.25%	-6.23%	-1.75%	-5.15%	3.56%	11.10%	9.98%	10.06%	10.36%	13.62%	16.47%
Pre Tax Income Margin	1.17%	-10.76%	-17.72%	-5.00%	-1.55%	17.84%	14.40%	14.82%	22.08%	17.80%	21.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-75.92	-17.55	3.57	26.85	0.00	11.99	17.72	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	-54.65	-18.10	8.14	16.13	0.00	7.98	8.57	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	-103.87	-31.96	-11.45	19.10	0.00	6.63	13.10	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	-82.60	-32.52	-6.88	8.38	0.00	2.62	3.94	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-0.15%	0.00%	-4.06%	1.21%	30.82%	14.56%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-5,644.20%	-50.29%	-17.01%	-6.89%	-4.06%	1.21%	30.82%	14.56%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for TAL Education Group are available.

Frequently Asked Questions About TAL Education Group's Financials

When does TAL Education Group's fiscal year end?

According to the most recent income statement we have on file, TAL Education Group's financial year ends in February. Their financial year 2024 ended on February 29, 2024.

How has TAL Education Group's net income changed over the last 10 years?

TAL Education Group's net income appears to be on an upward trend, with a most recent value of -$4.14 million in 2024, falling from $60.61 million in 2014. The previous period was -$131.98 million in 2023. View TAL Education Group's forecast to see where analysts expect TAL Education Group to go next.

What is TAL Education Group's operating income?

TAL Education Group's total operating income in 2024 was -$69.23 million, based on the following breakdown:

Total Gross Profit: $806.12 million
Total Operating Expenses: $875.35 million

How has TAL Education Group revenue changed over the last 10 years?

Over the last 10 years, TAL Education Group's total revenue changed from $313.90 million in 2014 to $1.49 billion in 2024, a change of 374.8%.

How much debt does TAL Education Group have?

TAL Education Group's total liabilities were at $1.29 billion at the end of 2024, a 42.7% increase from 2023, and a 669.2% increase since 2014.

How much cash does TAL Education Group have?

In the past 10 years, TAL Education Group's cash and equivalents has ranged from $269.93 million in 2014 to $3.24 billion in 2021, and is currently $2.21 billion as of their latest financial filing in 2024.

How has TAL Education Group's book value per share changed over the last 10 years?

Over the last 10 years, TAL Education Group's book value per share changed from 1.67 in 2014 to 17.25 in 2024, a change of 935.7%.

Related Companies

This page (NYSE:TAL) was last updated on 5/31/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

TAL Education Group (TAL) Financials

Frequently Asked Questions About TAL Education Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

TAL Education Group (TAL) Financials

Annual Income Statements for TAL Education Group

Quarterly Income Statements for TAL Education Group

Annual Cash Flow Statements for TAL Education Group

Quarterly Cash Flow Statements for TAL Education Group

Annual Balance Sheets for TAL Education Group

Quarterly Balance Sheets for TAL Education Group

Annual Metrics And Ratios for TAL Education Group

Quarterly Metrics And Ratios for TAL Education Group

Frequently Asked Questions About TAL Education Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools