LOPE vs TAL
Grand Canyon Education, Inc. and TAL Education Group, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LOPE | TAL |
|---|---|---|
| Revenue | $1.1B | $3.0B |
| Net income | $216.2M | $530.8M |
| Gross margin | · | 55.4% |
| Net margin | 19.5% | 17.6% |
| Return on equity | 28.2% | 14.1% |
| Diluted EPS | $7.71 | $2.75 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $238.6M | $508.3M |
| Equity | $746.9M | $3.8B |
| Net debt / equity | · | · |
| Current ratio | 3.65× | 2.17× |
| Revenue CAGR 5y | 5.6% | −7.7% |
| Profit CAGR 5y | −3.4% | · |
TAL bills 2.7× the revenue of LOPE, and LOPE keeps more of each dollar of revenue as profit (19.5% against 17.6%).
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 | LOPE | TAL |
|---|---|---|
| FY2025 | $1.1B | $3.0B |
| FY2024 | $1.0B | $2.3B |
| FY2023 | $960.9M | $1.5B |
| FY2022 | $911.3M | $1.0B |
| FY2021 | $896.6M | $4.4B |
| FY2020 | $844.1M | $4.5B |
| FY2019 | $778.6M | $3.3B |
| FY2018 | $845.5M | $2.6B |
| FY2017 | $974.1M | $1.7B |
| FY2016 | $873.3M | $1.0B |
Bottom line
| Fiscal year | LOPE | TAL |
|---|---|---|
| FY2025 | $216.2M | $530.8M |
| FY2024 | $226.2M | $84.6M |
| FY2023 | $205.0M | $-3.6M |
| FY2022 | $184.7M | $-135.6M |
| FY2021 | $260.3M | $-1.1B |
| FY2020 | $257.2M | $-116.0M |
| FY2019 | $259.2M | $-110.2M |
| FY2018 | $229.0M | $367.2M |
| FY2017 | $203.3M | $198.4M |
| FY2016 | $148.5M | $116.9M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,902,838,000 | TAL |
| FY2024 | −$1,217,231,000 | TAL |
| FY2023 | −$529,541,000 | TAL |
| FY2022 | −$108,466,000 | TAL |
| FY2021 | −$3,494,343,000 | TAL |
| FY2020 | −$3,651,659,000 | TAL |
| FY2019 | −$2,494,665,000 | TAL |
| FY2018 | −$1,717,483,000 | TAL |
| FY2017 | −$740,882,000 | TAL |
| FY2016 | −$169,756,000 | TAL |
| FY2015 | +$158,251,223 | LOPE |
| FY2014 | +$257,085,431 | LOPE |
| FY2013 | +$284,439,795 | LOPE |
| FY2012 | +$285,325,905 | LOPE |
| FY2011 | +$249,221,328 | LOPE |
| FY2010 | +$275,036,701 | LOPE |
| FY2009 | +$192,613,453 | LOPE |
The higher-revenue side has changed between LOPE and TAL over this period. The gap has widened since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.9 pp | LOPE |
| FY2024 | +18.2 pp | LOPE |
| FY2023 | +21.6 pp | LOPE |
| FY2022 | +33.2 pp | LOPE |
| FY2021 | +55.6 pp | LOPE |
| FY2020 | +33.7 pp | LOPE |
| FY2019 | +37.2 pp | LOPE |
| FY2018 | +12.9 pp | LOPE |
| FY2017 | +9.5 pp | LOPE |
| FY2016 | +6.2 pp | LOPE |
| FY2015 | +0.3 pp | LOPE |
| FY2014 | +0.7 pp | LOPE |
| FY2013 | −4.5 pp | TAL |
| FY2012 | −1.2 pp | TAL |
| FY2011 | −1.9 pp | TAL |
| FY2010 | −12.6 pp | TAL |
| FY2009 | −10.1 pp | TAL |
The higher net margin has changed hands between LOPE and TAL over this period.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TAL's net margin has been more volatile than LOPE's over the 17 comparable fiscal years — 12.9 percentage points of standard deviation against 6.9.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LOPE and TAL over these 17 fiscal years — LOPE led in 12 and TAL in 5.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TAL's return on equity has been more volatile than LOPE's over the 17 comparable fiscal years — 21.4 percentage points of standard deviation against 5.6.
17 of 17 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 LOPE and TAL over these 17 fiscal years — LOPE led in 14 and TAL in 3.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.