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STRA vs. LRN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

STRA vs. LRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategic Education, Inc. (STRA) and Stride, Inc. (LRN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, STRA achieves a 0.05% return, which is significantly lower than LRN's 53.44% return. Over the past 10 years, STRA has underperformed LRN with an annualized return of 7.65%, while LRN has yielded a comparatively higher 23.78% annualized return.


STRA

1D
-0.14%
1M
3.49%
YTD
0.05%
6M
0.77%
1Y
-11.30%
3Y*
3.03%
5Y*
4.73%
10Y*
7.65%

LRN

1D
1.76%
1M
7.99%
YTD
53.44%
6M
62.77%
1Y
-30.11%
3Y*
33.48%
5Y*
28.19%
10Y*
23.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

STRA vs. LRN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
STRA
Strategic Education, Inc.
0.05%-11.62%3.53%21.43%40.39%-37.26%-38.80%42.05%28.16%12.41%
LRN
Stride, Inc.
53.44%-37.53%75.05%89.80%-6.15%56.99%4.32%-17.91%55.91%-7.34%

Correlation

The correlation between STRA and LRN is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.40

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (10Y)
Calculated over the trailing 10-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Dec 14, 2007

0.35

Fundamentals

Market Cap

STRA:

$1.75B

LRN:

$4.74B

EPS

STRA:

$5.64

LRN:

$9.68

PE Ratio

STRA:

14.02

LRN:

10.29

PEG Ratio

STRA:

0.49

LRN:

0.26

PS Ratio

STRA:

1.43

LRN:

1.90

PB Ratio

STRA:

1.07

LRN:

2.89

Total Revenue (TTM)

STRA:

$1.27B

LRN:

$2.54B

Gross Profit (TTM)

STRA:

$475.81M

LRN:

$972.24M

EBITDA (TTM)

STRA:

$216.79M

LRN:

$424.60M

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Return for Risk

STRA vs. LRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STRA
STRA Risk / Return Rank: 2323
Overall Rank
STRA Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
STRA Sortino Ratio Rank: 2424
Sortino Ratio Rank
STRA Omega Ratio Rank: 2424
Omega Ratio Rank
STRA Calmar Ratio Rank: 1919
Calmar Ratio Rank
STRA Martin Ratio Rank: 1919
Martin Ratio Rank

LRN
LRN Risk / Return Rank: 2525
Overall Rank
LRN Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
LRN Sortino Ratio Rank: 2727
Sortino Ratio Rank
LRN Omega Ratio Rank: 2626
Omega Ratio Rank
LRN Calmar Ratio Rank: 2525
Calmar Ratio Rank
LRN Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STRA vs. LRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategic Education, Inc. (STRA) and Stride, Inc. (LRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


STRALRNDifference
Sharpe ratioReturn per unit of total volatility

+0.10

Sortino ratioReturn per unit of downside risk

-0.19

Omega ratioGain probability vs. loss probability

0.96

0.98

-0.02

Calmar ratioReturn relative to maximum drawdown

-0.60

-0.47

-0.13

Martin ratioReturn relative to average drawdown

-1.04

-0.73

-0.31

STRA vs. LRN - Sharpe Ratio Comparison

The current STRA Sharpe Ratio is -0.35, which is comparable to the LRN Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of STRA and LRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


STRALRNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.35

-0.45

+0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

0.55

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.21

0.48

-0.28

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.15

+0.07

Drawdowns

STRA vs. LRN - Drawdown Comparison

The maximum STRA drawdown since its inception was -85.50%, which is greater than LRN's maximum drawdown of -81.41%. Use the drawdown chart below to compare losses from any high point for STRA and LRN.


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Drawdown Indicators


STRALRNDifference

Max Drawdown

Largest peak-to-trough decline

-85.50%

-81.41%

-4.09%

Max Drawdown (1Y)

Largest decline over 1 year

-18.96%

-64.07%

+45.11%

Max Drawdown (3Y)

Largest decline over 3 years

-38.05%

-64.07%

+26.02%

Max Drawdown (5Y)

Largest decline over 5 years

-38.05%

-64.07%

+26.02%

Max Drawdown (10Y)

Largest decline over 10 years

-71.86%

-64.07%

-7.79%

Current Drawdown

Current decline from peak

-57.39%

-41.33%

-16.06%

Average Drawdown

Average peak-to-trough decline

-39.03%

-36.27%

-2.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.56%

41.53%

-29.97%

Volatility

STRA vs. LRN - Volatility Comparison

The current volatility for Strategic Education, Inc. (STRA) is 6.88%, while Stride, Inc. (LRN) has a volatility of 7.85%. This indicates that STRA experiences smaller price fluctuations and is considered to be less risky than LRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


STRALRNDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.88%

7.85%

-0.97%

Volatility (6M)

Calculated over the trailing 6-month period

26.51%

23.81%

+2.70%

Volatility (1Y)

Calculated over the trailing 1-year period

32.17%

67.31%

-35.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.84%

51.38%

-17.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

36.98%

49.23%

-12.25%

Dividends

STRA vs. LRN - Dividend Comparison

STRA's dividend yield for the trailing twelve months is around 3.04%, while LRN has not paid dividends to shareholders.


PositionTTM202520242023202220212020201920182017
LRN
Stride, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
STRA
Strategic Education, Inc.
3.04%2.99%2.57%2.60%3.06%4.15%2.52%1.32%1.32%1.12%

Financials

STRA vs. LRN - Financials Comparison

This section allows you to compare key financial metrics between Strategic Education, Inc. and Stride, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


300.00M400.00M500.00M600.00M700.00M20222023202420252026
305.93M
629.87M
(STRA) Total Revenue
(LRN) Total Revenue
Values in USD except per share items

STRA vs. LRN - Profitability Comparison

The chart below illustrates the profitability comparison between Strategic Education, Inc. and Stride, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%10.0%20.0%30.0%40.0%50.0%202220232024202520260
36.8%
Portfolio components
STRA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported a gross profit of 0.00 and revenue of 305.93M. Therefore, the gross margin over that period was 0.0%.

LRN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a gross profit of 231.56M and revenue of 629.87M. Therefore, the gross margin over that period was 36.8%.

STRA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported an operating income of 41.09M and revenue of 305.93M, resulting in an operating margin of 13.4%.

LRN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported an operating income of 129.08M and revenue of 629.87M, resulting in an operating margin of 20.5%.

STRA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Strategic Education, Inc. reported a net income of 32.81M and revenue of 305.93M, resulting in a net margin of 10.7%.

LRN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a net income of 248.49M and revenue of 629.87M, resulting in a net margin of 39.5%.


Frequently Asked Questions


STRA and LRN have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LRN has higher volatility (7.85%) compared to STRA (6.88%). In terms of maximum drawdown, STRA dropped -85.50% vs LRN's -81.41%.

STRA currently has the higher Sharpe Ratio (-0.35 vs -0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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