# Laureate Education, Inc. (LAUR)

> Source: Nexqual · https://nexqual.com/LAUR · data as of 2026-10-23 15:53 UTC · cite as "Nexqual, Laureate Education, Inc. (LAUR), nexqual.com/LAUR" · informational, not investment advice.

**Price:** USD 39.04 (+0.64% today) · US market open, as of October 23, 2026 at 15:53 UTC; quotes may be delayed. Prev close 38.79 · day 38.69–39.41 · 52w 24.98–40.93 · market cap $5.38B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.83B, net income $322M (17.6% margin), free cash flow $287M (SEC filings).
- Valuation: P/E 16.7x (avg 15.8x at the last 3 fiscal year-ends), net debt $2.8M.
- 1 of 80 tracked superinvestors hold LAUR (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $19.1M; 1 not under a Rule 10b5-1 plan ($19.1M); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.14 on a 1–5 scale) (7 analysts), mean target USD 41.5 (range 36.5–45).
- Total return with dividends: 1Y +31.1% vs S&P 500 +14.7%; 5Y +384.5% vs S&P 500 +77.4%.
- Next earnings: 2026-10-29, EPS estimate USD 0.46, revenue estimate $477M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.09B | $1.24B | $1.48B | $1.57B | $1.70B | $1.83B |
| Gross profit | $272M | $335M | $395M | $420M | $482M | — |
| Operating income | -$4.6M | $270M | $339M | $374M | $431M | $447M |
| Net income | $192M | $69.6M | $108M | $296M | $282M | $322M |
| EPS (diluted) | $1.01 | $0.41 | $0.68 | $1.92 | $1.89 | — |
| Free cash flow | -$207M | $125M | $194M | $161M | $263M | $287M |
| Gross margin | 25.0% | 27.0% | 26.6% | 26.8% | 28.3% | — |
| Operating margin | -0.4% | 21.7% | 22.8% | 23.9% | 25.3% | 24.4% |
| Net margin | 17.7% | 5.6% | 7.2% | 18.9% | 16.5% | 17.6% |
| Revenue growth | +6.0% | +14.3% | +19.5% | +5.5% | +8.6% | — |
| Cash + short-term investments | $325M | $85.2M | $89.4M | $91.3M | $147M | — |
| Total debt | $105M | $176M | $112M | $59.0M | $73.1M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 16.7x · P/S 2.9x · EV/Sales 2.9x · P/FCF 18.8x · P/B 4.7x · FCF yield 5.33% · Earnings yield 5.98% · Buyback yield (TTM) 6.13% · Net debt $2.8M · EV $5.38B
P/E at fiscal year-ends: Dec 2025 17.8x, Dec 2024 9.5x, Dec 2023 20.1x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold LAUR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $988K | Added +25.4% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-31…2026-09-02 | Snow Ian Kendell | Director | 521,229 | $19.1M | 24% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.14 on a 1–5 scale), 7 analysts; mean target USD 41.5 (low 36.5, high 45).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Morgan Stanley | Target raised | Underweight | $34.5 → $36.5 |
| 2026-08-03 | JP Morgan | Downgrade | Overweight → Neutral | $41 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +31.1% | +384.5% |
| S&P 500 (SPY) | +14.7% | +77.4% |
| Per year | +31.1% | +37.1% |
| Volatility (annualized) | 32.8% | 29.6% |
| Max drawdown | -16.3% (Jan 2026→Apr 2026) | -22.3% (Oct 2022→Dec 2022) |

## Peers (Education & Training Services)
TAL (TAL Education Group) USD 10.24 -2.10% · CVSA (Covista Inc.) USD 131.54 -0.06% · LOPE (Grand Canyon Education, Inc.) USD 163.34 -1.28% · XXI (Twenty One Capital, Inc.) USD 5.6 -0.27% · LRN (Stride, Inc.) USD 80.44 -0.30% · EDU (New Oriental Education & Techno) USD 58.45 -0.39%

## More
Full page: https://nexqual.com/LAUR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Peru | $346.9M | 56.3% | +13.1% |
| Mexico | $269.0M | 43.7% | +23.8% |
| Total revenue | $615.9M | 100% | — |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Gross revenue | $426.4M | 69.2% | +27.7% |
| Tuition and educational services | $389.9M | 63.3% | +27.3% |
| Other | $36.5M | 5.9% | +32.1% |
| Total revenue | $615.9M | 100% | — |
The lines above cover 138.5% of total revenue.

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Mexico | $877.4M | 51.6% | +4.3% |
| Peru | $824.4M | 48.4% | +13.7% |
| United States | $142,000 | 0.0% | -38.5% |
| Total revenue | $1.70B | 100% | — |

## Company outlook (8-K filed 2026-07-30)

- "Guidance and Announces $150 Million Increase in Share Repurchase Authorization MIAMI - July 30, 2026 (GLOBE NEWSWIRE) - Laureate Education, Inc."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.46 | $0.45 | +1.1% | $476.9M | 3 |
| Next quarter (ends 2026-12-31) | $0.83 | $0.83 | -0.3% | $566.0M | 3 |
| Current fiscal year (ends 2026-12-31) | $2.12 | $2.14 | -0.7% | $1.93B | 4 |
| Next fiscal year (ends 2027-12-31) | $2.43 | $2.48 | -2.1% | $2.05B | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-29): ±8.8%; last 8 reports averaged ±3.9%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 37.0% | ±8.8% |
| 2026-12-18 | 56 | 35.6% | ±11.6% |
| 2027-03-19 | 147 | 33.7% | ±17.3% |
| 2027-06-17 | 237 | 36.2% | ±23.4% |