Stride Gross Profit from 2010 to 2024

LRN Stock  USD 106.07  2.12  2.04%   
Stride Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 801.8 M this year. Gross Profit is the profit Stride Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2005-09-30
Previous Quarter
188.2 M
Current Value
215.9 M
Quarterly Volatility
48.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stride financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stride's main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.8 M, Interest Expense of 9.3 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0152 or PTB Ratio of 2.63. Stride financial statements analysis is a perfect complement when working with Stride Valuation or Volatility modules.
  
Check out the analysis of Stride Correlation against competitors.

Latest Stride's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Stride Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of Stride Inc minus its cost of goods sold. It is profit before Stride operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Stride's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stride's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 647.07 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Stride Gross Profit Regression Statistics

Arithmetic Mean425,993,610
Geometric Mean358,570,496
Coefficient Of Variation47.71
Mean Deviation161,848,413
Median349,822,000
Standard Deviation203,233,507
Sample Variance41303.9T
Range770.3M
R-Value0.89
Mean Square Error9134.5T
R-Squared0.79
Slope40,510,368
Total Sum of Squares578254T

Stride Gross Profit History

2024801.8 M
2023763.6 M
2022647.1 M
2021596.5 M
2020534.9 M
2019347.5 M
2018352.3 M

Other Fundumenentals of Stride Inc

Stride Gross Profit component correlations

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About Stride Financial Statements

Stride investors utilize fundamental indicators, such as Gross Profit, to predict how Stride Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit763.6 M801.8 M
Gross Profit Margin 0.37  0.43 

Pair Trading with Stride

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stride position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stride will appreciate offsetting losses from the drop in the long position's value.

Moving against Stride Stock

  0.6YQ 17 Education TechnologyPairCorr
  0.58EDU New Oriental EducationPairCorr
  0.53WAFU Wah Fu EducationPairCorr
The ability to find closely correlated positions to Stride could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stride when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stride - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stride Inc to buy it.
The correlation of Stride is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stride moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stride Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stride can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Stride Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stride Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stride Inc Stock:
Check out the analysis of Stride Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stride. If investors know Stride will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.083
Earnings Share
5.52
Revenue Per Share
49.416
Quarterly Revenue Growth
0.478
Return On Assets
0.0981
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stride's market value can be influenced by many factors that don't directly affect Stride's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.