CVSA vs LRN
Covista Inc. and Stride, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CVSA | LRN |
|---|---|---|
| Revenue | $2.0B | $2.5B |
| Net income | $251.6M | $338.2M |
| Gross margin | 57.3% | 37.8% |
| Net margin | 12.9% | 13.4% |
| Return on equity | 17.5% | 21.7% |
| Diluted EPS | $7.04 | $7.14 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $392.7M | $433.2M |
| Equity | $1.4B | $1.6B |
| Net debt / equity | 0.18× | −0.21× |
| Current ratio | 1.09× | 5.94× |
| Revenue CAGR 5y | 16.8% | 10.4% |
| Profit CAGR 5y | 29.1% | 36.5% |
LRN bills 1.3× the revenue of CVSA, and keeps more of each dollar of revenue as profit (13.4% against 12.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CVSA | LRN |
|---|---|---|
| FY2025 | $2.0B | $2.5B |
| FY2024 | $1.8B | $2.4B |
| FY2023 | $1.6B | $2.0B |
| FY2022 | $1.5B | $1.8B |
| FY2021 | $1.4B | $1.7B |
| FY2020 | $899.2M | $1.5B |
| FY2019 | $866.4M | $1.0B |
| FY2018 | $1.0B | $1.0B |
| FY2017 | $960.3M | $917.7M |
| FY2016 | $1.2B | $888.5M |
Bottom line
| Fiscal year | CVSA | LRN |
|---|---|---|
| FY2025 | $251.6M | $338.2M |
| FY2024 | $237.1M | $287.9M |
| FY2023 | $136.8M | $204.2M |
| FY2022 | $93.4M | $126.9M |
| FY2021 | $311.0M | $107.1M |
| FY2020 | $70.0M | $71.5M |
| FY2019 | $-85.3M | $24.5M |
| FY2018 | $95.2M | $37.2M |
| FY2017 | $33.8M | $27.6M |
| FY2016 | $122.3M | $451,000 |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$563,996,000 | LRN |
| FY2024 | −$617,027,000 | LRN |
| FY2023 | −$455,417,000 | LRN |
| FY2022 | −$386,532,000 | LRN |
| FY2021 | −$304,824,000 | LRN |
| FY2020 | −$637,512,000 | LRN |
| FY2019 | −$174,338,000 | LRN |
| FY2018 | −$1,909,000 | LRN |
| FY2017 | +$42,543,000 | CVSA |
| FY2016 | +$319,390,000 | CVSA |
| FY2015 | +$207,375,000 | CVSA |
| FY2014 | +$961,649,000 | CVSA |
| FY2013 | +$1,003,818,000 | CVSA |
| FY2012 | +$1,116,155,000 | CVSA |
| FY2011 | −$357,904,000 | LRN |
| FY2010 | −$253,391,000 | LRN |
| FY2009 | +$1,530,711,000 | CVSA |
The higher-revenue side has changed between CVSA and LRN over this period. The gap has narrowed since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.6 pp | LRN |
| FY2024 | +1.3 pp | CVSA |
| FY2023 | −1.4 pp | LRN |
| FY2022 | −0.5 pp | LRN |
| FY2021 | +16.2 pp | CVSA |
| FY2020 | +3.1 pp | CVSA |
| FY2019 | −12.3 pp | LRN |
| FY2018 | +5.8 pp | CVSA |
| FY2017 | +0.6 pp | CVSA |
| FY2016 | +10.3 pp | CVSA |
| FY2015 | −1.2 pp | LRN |
| FY2014 | +6.4 pp | CVSA |
| FY2013 | +5.0 pp | CVSA |
| FY2012 | +2.4 pp | CVSA |
| FY2011 | +38.3 pp | CVSA |
| FY2010 | +120.7 pp | CVSA |
| FY2009 | +9.2 pp | CVSA |
The higher net margin has changed hands between CVSA and LRN over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CVSA's net margin has been more volatile than LRN's over the 17 comparable fiscal years — 28.4 percentage points of standard deviation against 3.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CVSA and LRN over these 17 fiscal years — CVSA led in 12 and LRN in 5.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CVSA's return on equity has been more volatile than LRN's over the 17 comparable fiscal years — 8.6 percentage points of standard deviation against 6.9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CVSA and LRN over these 17 fiscal years — CVSA led in 9 and LRN in 8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.