CVSA vs STRA
Covista Inc. and Strategic Education, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CVSA | STRA |
|---|---|---|
| Revenue | $2.0B | $1.3B |
| Net income | $251.6M | $126.6M |
| Gross margin | 57.3% | · |
| Net margin | 12.9% | 10.0% |
| Return on equity | 17.5% | 7.7% |
| Diluted EPS | $7.04 | $5.41 |
| Dividend / share | · | $2.40 |
| Payout ratio | · | 45.4% |
| Free cash flow | $392.7M | $153.9M |
| Equity | $1.4B | $1.6B |
| Net debt / equity | 0.18× | · |
| Current ratio | 1.09× | 1.27× |
| Revenue CAGR 5y | 16.8% | 4.3% |
| Profit CAGR 5y | 29.1% | 8.0% |
CVSA bills 1.5× the revenue of STRA, and keeps more of each dollar of revenue as profit (12.9% against 10.0%).
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 | STRA |
|---|---|---|
| FY2025 | $2.0B | $1.3B |
| FY2024 | $1.8B | $1.2B |
| FY2023 | $1.6B | $1.1B |
| FY2022 | $1.5B | $1.1B |
| FY2021 | $1.4B | $1.1B |
| FY2020 | $899.2M | $1.0B |
| FY2019 | $866.4M | $997.1M |
| FY2018 | $1.0B | $634.2M |
| FY2017 | $960.3M | $454.9M |
| FY2016 | $1.2B | $441.1M |
Bottom line
| Fiscal year | CVSA | STRA |
|---|---|---|
| FY2025 | $251.6M | $126.6M |
| FY2024 | $237.1M | $112.7M |
| FY2023 | $136.8M | $69.8M |
| FY2022 | $93.4M | $46.7M |
| FY2021 | $311.0M | $55.1M |
| FY2020 | $70.0M | $86.3M |
| FY2019 | $-85.3M | $81.1M |
| FY2018 | $95.2M | $-15.7M |
| FY2017 | $33.8M | $20.6M |
| FY2016 | $122.3M | $34.8M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$685,865,000 | CVSA |
| FY2024 | +$568,360,000 | CVSA |
| FY2023 | +$451,728,000 | CVSA |
| FY2022 | +$385,346,000 | CVSA |
| FY2021 | +$250,156,000 | CVSA |
| FY2020 | −$128,405,000 | STRA |
| FY2019 | −$130,710,000 | STRA |
| FY2018 | +$379,658,000 | CVSA |
| FY2017 | +$505,426,000 | CVSA |
| FY2016 | +$766,821,000 | CVSA |
| FY2015 | +$645,638,000 | CVSA |
| FY2014 | +$1,463,902,000 | CVSA |
| FY2013 | +$1,419,771,000 | CVSA |
| FY2012 | +$1,402,396,000 | CVSA |
| FY2011 | −$276,931,000 | STRA |
| FY2010 | −$367,689,000 | STRA |
| FY2009 | +$1,403,220,000 | CVSA |
| FY2008 | +$1,065,178,000 | CVSA |
The higher-revenue side has changed between CVSA and STRA over this period. The gap has narrowed since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.9 pp | CVSA |
| FY2024 | +4.0 pp | CVSA |
| FY2023 | +2.5 pp | CVSA |
| FY2022 | +2.1 pp | CVSA |
| FY2021 | +17.6 pp | CVSA |
| FY2020 | −0.7 pp | STRA |
| FY2019 | −18.0 pp | STRA |
| FY2018 | +11.9 pp | CVSA |
| FY2017 | −1.0 pp | STRA |
| FY2016 | +2.3 pp | CVSA |
| FY2015 | −9.5 pp | STRA |
| FY2014 | −3.0 pp | STRA |
| FY2013 | +3.7 pp | CVSA |
| FY2012 | −6.2 pp | STRA |
| FY2011 | +23.7 pp | CVSA |
| FY2010 | +102.4 pp | CVSA |
| FY2009 | −5.9 pp | STRA |
| FY2008 | −9.1 pp | STRA |
The higher net margin has changed hands between CVSA and STRA over this period.
18 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 STRA's over the 18 comparable fiscal years — 27.7 percentage points of standard deviation against 6.2.
18 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 STRA over these 18 fiscal years — CVSA led in 10 and STRA in 8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
STRA's return on equity has been more volatile than CVSA's over the 18 comparable fiscal years — 41.4 percentage points of standard deviation against 8.6.
18 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 STRA over these 18 fiscal years — CVSA led in 7 and STRA in 11.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.