LAUREATE EDUCATION, INC. LAUR
We operate a portfolio of degree-granting higher education institutions in Mexico and Peru. These institutions, which we collectively refer to as the Laureate International Universities network, are leading brands in their respective markets and offer a broad range of undergraduate and graduate degrees through campus-based, online and hybrid programs. Collectively, we have approximately 497,700 students enrolled at five institutions with over 50 campuses as of December 31, 2025. Our institutions in Mexico and Peru operate within scaled country networks, which provide advantages in terms of shared infrastructure, technology, curricula and operational best practices. Our students are enrolled at traditional, campus-based institutions offering multi-year degrees, with an average program length of four years, similar to leading private and public higher education institutions in developed markets such as the United States and Europe.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Mexico
- Peru
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Mexico | $877.4M | $841.2M | $782.0M |
| Peru | $824.4M | $725.2M | $701.4M |
| Other | $142.0K | $231.0K | $799.0K |
As the company reported it, from the “Business and Geographic Segment Information - Schedule of Revenue from Customers by Geographical Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.70B | $1.57B | $1.48B | $1.24B | $1.09B | $1.02B | $1.21B | $1.14B | $3.33B | $3.30B |
| Cost of revenue | $1.22B | $1.15B | $1.09B | $907.4M | $814.5M | $802.5M | $949.5M | $904.0M | $2.78B | $2.79B |
| Gross profit | $482.2M | $419.8M | $394.5M | $334.9M | $272.2M | $222.5M | $262.6M | $240.6M | $557.7M | $513.2M |
| SG&A | $51.1M | $45.8M | $52.6M | $64.8M | $204.4M | $199.8M | $226.3M | $267.4M | $315.5M | $222.5M |
| Operating income | $431.1M | $374.0M | $338.8M | $270.0M | -$4.6M | -$329.3M | $36.0M | -$26.8M | $235.2M | $290.7M |
| Interest expense | $10.7M | $18.1M | $21.0M | $16.4M | $46.3M | $100.9M | $125.0M | $188.4M | $334.9M | $390.4M |
| Pre-tax income | $400.9M | $414.5M | $254.5M | $245.9M | -$137.5M | -$450.8M | -$119.7M | -$120.1M | -$76.8M | $367.1M |
| Income tax | $117.3M | $119.0M | $137.6M | $185.4M | $145.6M | $130.1M | $31.0M | $71.2M | $93.0M | $34.4M |
| Net income | $281.6M | $296.5M | $107.6M | $69.6M | $192.4M | -$613.3M | $938.5M | $370.1M | $91.5M | $371.8M |
| EPS, basic | 1.91 | 1.93 | 0.69 | 0.42 | 1.01 | -2.93 | 4.23 | 1.79 | -1.20 | 2.78 |
| EPS, diluted | 1.89 | 1.92 | 0.68 | 0.41 | 1.01 | -2.93 | 4.23 | 1.73 | -1.20 | 2.76 |
| Shares, diluted (wtd. avg.) | 148.7M | 153.9M | 157.9M | 168.3M | 189.7M | 209.7M | 221.9M | 212.8M | 172.4M | 134.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $146.7M | $91.3M | $89.4M | $93.8M | $345.6M | $867.3M | $97.8M | $125.6M | $123.9M | $467.8M |
| Receivables | — | — | — | — | — | — | $260.5M | $225.3M | $311.1M | $334.8M |
| Total current assets | $318.3M | $227.3M | $224.4M | $226.2M | $544.3M | $1.44B | $916.1M | $1.22B | $1.29B | $1.12B |
| Property, plant and equipment | $628.6M | $514.3M | $562.2M | — | — | $578.5M | $640.6M | $1.28B | $1.38B | $2.15B |
| Goodwill | $637.3M | $563.4M | $661.5M | $583.5M | $546.8M | $574.8M | $606.5M | $578.5M | $1.83B | $1.79B |
| Other intangibles | $166.2M | $147.9M | $169.2M | $151.6M | $142.8M | $225.6M | $562.1M | $1.15B | $1.20B | $1.35B |
| Total assets | $2.21B | $1.86B | $2.13B | $1.97B | $2.21B | $4.97B | $6.50B | $6.77B | $7.39B | $7.06B |
| Accounts payable | $57.1M | $35.3M | $43.2M | $42.8M | $26.9M | $41.1M | $63.4M | $65.4M | $70.1M | $86.7M |
| Total current liabilities | $472.9M | $367.9M | $453.2M | $381.4M | $371.9M | $804.6M | $1.05B | $1.19B | $1.37B | $1.44B |
| Long-term debt | $73.1M | $59.0M | $112.2M | — | — | — | $1.26B | $2.59B | $2.97B | $3.63B |
| Total liabilities | $1.02B | $903.5M | $1.18B | $1.20B | $1.07B | $2.71B | $3.68B | $4.70B | $5.39B | $6.04B |
| Retained earnings | $416.9M | $291.6M | $41.9M | $39.2M | $15.5M | -$176.8M | $436.5M | -$530.9M | -$946.2M | -$1.04B |
| Total equity | $1.19B | $959.5M | $947.7M | $774.4M | $1.14B | $2.26B | $2.80B | $2.05B | $1.59B | $664.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $366.2M | $232.7M | $250.8M | $178.2M | -$156.1M | $259.6M | $339.8M | $396.9M | $192.2M | $192.3M |
| Depreciation and amortisation | $74.5M | $68.2M | $69.6M | $59.1M | $101.2M | — | — | — | — | — |
| Stock-based compensation | $13.3M | $7.8M | $7.1M | $8.8M | $10.2M | $13.3M | $13.0M | $10.8M | $64.8M | $38.8M |
| Capital expenditure | $103.0M | $71.9M | $56.4M | $52.8M | $50.4M | $74.6M | $155.6M | $238.0M | $274.1M | $240.3M |
| Investing cash flow | -$102.6M | -$57.5M | -$51.9M | $30.3M | $2.04B | $587.4M | $1.12B | $115.5M | -$284.7M | $297.3M |
| Financing cash flow | -$222.5M | -$166.9M | -$201.9M | -$461.6M | -$2.68B | -$272.7M | -$1.67B | -$410.1M | $157.6M | -$445.7M |
| Buybacks | $215.2M | $102.1M | $0 | $282.2M | $380.5M | $99.5M | $264.1M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009479.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.30B | $3.33B | $1.14B | $1.21B | $1.02B | $1.09B | $1.24B | $1.48B | $1.57B | $1.70B |
| Gross profit | $513.2M | $557.7M | $240.6M | $262.6M | $222.5M | $272.2M | $334.9M | $394.5M | $419.8M | $482.2M |
| Net income | $371.8M | $91.5M | $370.1M | $938.5M | -$613.3M | $192.4M | $69.6M | $107.6M | $296.5M | $281.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 8200
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| GHC | Graham Holdings Co | $5.18B | 18.3x | 2.5% |
| CVSA | Covista Inc. | $4.49B | 18.7x | 9.3% |
| LOPE | Grand Canyon Education, Inc. | $4.24B | 21.1x | 7.1% |
| LRN | Stride, Inc. | $3.30B | 11.1x | 4.7% |
| PRDO | PERDOCEO EDUCATION Corp | $2.12B | 14.0x | 24.2% |
| STRA | Strategic Education, Inc. | $1.82B | 15.1x | 4.0% |
| UTI | UNIVERSAL TECHNICAL INSTITUTE INC | $1.20B | 19.3x | 14.0% |
| APEI | AMERICAN PUBLIC EDUCATION INC | $892.6M | 35.9x | 3.9% |