Covista vs Stride
Stride is the larger business, with $2.52bn of revenue in fiscal 2026 against $1.95bn for Covista (1.3 times as much). Covista grew faster (9.3% against 4.7%). Stride kept more of each dollar of sales as profit: a net margin of 13.4% against 12.9%.
| Latest fiscal year | CovistaCVSA, 2026 | StrideLRN, 2026 |
|---|---|---|
| Revenue | $1.95bn | $2.52bn |
| Revenue growth | 9.3% | 4.7% |
| Net income | $252m | $338m |
| Operating margin | — | — |
| Net margin | 12.9% | 13.4% |
| Return on equity | 17.5% | 21.7% |
| Free cash flow | $393m | $433m |
| Cash | $406m | $755m |
| Total debt | $673m | $418m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $240m | $189m |
| Employees | — | 9,200 |
| Market value | $4.10bn | $3.13bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 71 (Strong) | 48 (Moderate) |
| Insider trades, 12 months | 6 buys, 17 sales | 4 buys, 0 sales |