GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Stride Inc (NYSE:LRN) » Definitions » ROCE %

LRN (Stride) ROCE % : 13.14% (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Stride ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Stride's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.14%.


Stride ROCE % Historical Data

The historical data trend for Stride's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stride ROCE % Chart

Stride Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 10.94 11.89 12.96 17.68

Stride Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 24.14 24.37 19.77 13.14

Stride ROCE % Calculation

Stride's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=276.5/( ( (1760.666 - 309.135) + (1920.465 - 244.28) )/ 2 )
=276.5/( (1451.531+1676.185)/ 2 )
=276.5/1563.858
=17.68 %

Stride's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=224.488/( ( (1920.465 - 244.28) + (1971.961 - 230.655) )/ 2 )
=224.488/( ( 1676.185 + 1741.306 )/ 2 )
=224.488/1708.7455
=13.14 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stride  (NYSE:LRN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Stride ROCE % Related Terms

Thank you for viewing the detailed overview of Stride's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Stride Business Description

Traded in Other Exchanges
Address
11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Executives
James Jeaho Rhyu director, officer: Chief Executive Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Robert Cohen director 7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi officer: Chief Info. & Tech. Officer ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis officer: EVP, General Counsel 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman officer: Chief Financial Officer 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith director 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence director 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis director, officer: Chairman and CEO 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont officer: EVP, Career Technical Ed. C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina officer: Chief Financial Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky officer: General Counsel & Secretary 2300 CORPORATE PARK DRIVE, HERNDON VA 20171