STRA Strategic Education margins

Relative Growth: Rel. Growth: 81

Relative Strength: Rel. Strength: 18

Relative Valuation: Rel. Valuation: 94

Relative Profitability: Rel. Profitability: 70

Gross margin

49.1%

Operating margin

14%

EBITDA margin

18%

Net margin

10.5%

Currently, Strategic Education has a gross margin of 49.1%, an operating margin of 14%, an EBITDA margin of 18%, and a net margin of 10.5%. Each available margin improved from the same period last year. Gross margin recorded the strongest gain, increasing by 1.7 percentage points.

STRA margin history

Gross, operating, EBITDA and net margin trends

Strategic Education's margins averaged 47.46% gross, 12.76% operating, 17.09% EBITDA, and 9.32% net during the last 3 years. Currently all four current margins are above their three-year averages.

STRA margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 1.7 percentage points, operating margin by 1.3 percentage points, EBITDA margin by 1.2 percentage points, and net margin by 1.2 percentage points, led by gross margin with an increase of 1.7 percentage points.

Gross margin expansion

1.7pp

Operating margin expansion

1.3pp

EBITDA margin expansion

1.2pp

Net margin expansion

1.2pp

STRA Gross margin

Over the last 3 years, Strategic Education recorded an average gross margin of 47.46%. Strategic Education's current gross margin is 49.1% and is 1.6 percentage points above its three-year average. The highest gross margin for Strategic Education was 49.3% in Mar 2026, while the lowest was 44.9% in Dec 2023.

STRA Operating margin

Over the last 3 years, the average operating margin for Strategic Education was 12.76%. Against its three-year average, Strategic Education's operating margin is currently 14%, 1.2 percentage points above its three-year average. Strategic Education's operating margin ranged from a low of 8.4% in Dec 2023 to a high of 14.4% in Sep 2024.

STRA EBITDA margin

Over the last 3 years, the average EBITDA margin for Strategic Education was 17.09%. The latest EBITDA margin for Strategic Education is 18%, 0.9 percentage points above its three-year average. Strategic Education's EBITDA margin ranged from a low of 13.9% in Dec 2023 to a high of 18.5% in Sep 2024.

STRA Net margin

Across the last 3 years, Strategic Education's net margin averaged 9.32%. The current net margin stands at 10.5%, 1.2 percentage points above its three-year average. Net margin was highest at 10.5% in Jun 2026 and lowest at 6.2% in Dec 2023.

STRA margin group comparison

Margins compared with peer-group, industry and sector averages

Strategic Education's gross margin of 49.1% is above the Consumer Defensive sector average but below the industry and its peers average. Looking at its Consumer Defensive sector average of 36.4%, Strategic Education's gross margin is 35% higher.

STRA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Strategic Education's gross margin?

For the period ending Jun 30, 2026, STRA recorded a gross margin of 49.1%.

What is Strategic Education's operating margin?

The current operating margin for STRA is 14% as of Jun 30, 2026.

What is Strategic Education's EBITDA margin?

As of Jun 30, 2026, STRA has an EBITDA margin of 18%.

What is Strategic Education's net margin?

As of Jun 30, 2026, STRA has a net margin of 10.5%.

What are the average margins of STRA?

Strategic Education's gross, operating, EBITDA, and net margins averaged 47.5% gross, 12.8% operating, 17.1% EBITDA, and 9.3% net over the last 3 years.

What are the highest historical margins of STRA?

Over the last 5 years, Strategic Education's highest margins were 49.3% gross in Mar 2026, 14.4% operating in Sep 2024, 18.5% EBITDA in Sep 2024, and 10.5% net in Jun 2026.

What are the lowest historical margins of STRA?

Over this 5-year history, Strategic Education's margins fell as low as 42.5% gross in Jun 2023, 4.7% operating in Jun 2023, 10.6% EBITDA in Jun 2023, and 3.4% net in Jun 2023.