← LAUREATE EDUCATION, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $371.8m |
$91.5m
-75.40%
|
$370.1m
+304.60%
|
$938.5m
+153.60%
|
($613.3m)
-165.35%
|
$192.4m
+131.38%
|
$69.6m
-63.85%
|
$107.6m
+54.64%
|
$296.5m
+175.56%
|
$281.6m
-5.01%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $370.3m |
($207.0m)
-155.91%
|
$381.4m
+284.20%
|
$938.3m
+146.04%
|
($613.2m)
-165.35%
|
$203.8m
+133.23%
|
$69.0m
-66.15%
|
$107.3m
+55.51%
|
$296.4m
+176.32%
|
$283.8m
-4.26%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $366.2m | $93.8m | $370.9m | $937.7m | ($618.7m) | $203.8m | $69.0m | $107.3m | $296.4m | $283.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($5.7m) | $2.3m | $863k | ($820k) | ($5.4m) | $11.3m | ($595k) | ($323k) | ($78k) | — | — | |
| Depreciation, Depletion and Amortization | — | — | — | — | — | — | $88.5m | $69.6m | $68.2m | $74.5m | $123.1m | |
| Amortization of Debt Issuance Costs and Discounts | $23.2m | $14.7m | $12.5m | $12.0m | $10.1m | $4.6m | $1.6m | $1.2m | $584k | $519k | — | |
| Amortization of Intangible Assets | $12.5m | $12.1m | $5.8m | $1.4m | $7.6m | $23.1m | $0 | $0 | — | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $88.5m | $102.9m | $105.2m | $110.8m | $123.1m | |
| Deferred Income Tax Expense (Benefit) | ($30.1m) | ($164.8m) | $7.8m | $427k | ($196.3m) | ($51.4m) | ($910k) | ($55.9m) | ($38.5m) | ($1.8m) | ($4.7m) | |
| Deferred Tax | — | — | — | — | — | — | ($530k) | ($55.9m) | ($38.5m) | ($1.8m) | ($4.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $38.8m | $64.8m | $10.8m | $13.0m | $13.3m | $10.2m | $8.8m | $7.1m | $7.8m | $13.3m | $14.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.7m | $2.2m | $2.5m | $2.2m | $1.2m | $2.8m | $2.0m | $623k | $2.9m | $4.1m | — | |
| Share-based Payment Arrangement, Expense | $38.1m | $64.8m | — | $13.0m | $13.3m | $10.2m | $8.8m | $7.1m | — | — | $14.1m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $23.5m | $40.6m | $13.1m | $43.8m | $790.2m | $73.8m | $144k | $3.1m | $0 | $0 | — | |
| Goodwill, Impairment Loss | $23.5m | $0 | $3.1m | $0 | $0 | — | — | — | — | — | $68.7m | |
| Asset Impairment Charge | — | — | — | — | — | — | $22.1m | $46.8m | $55.8m | $61.1m | $68.7m | |
| Income (Loss) from Equity Method Investments | $90k | $152k | ($2k) | $219k | $172k | $0 | $258k | $171k | $237k | $217k | — | |
| Other Nonoperating Income (Expense) | $910k | ($2.2m) | $12.2m | $9.2m | ($2.4m) | ($1.7m) | $770k | ($325k) | $1.2m | $7.9m | — | |
| Change In Working Capital | — | — | — | — | — | — | ($20.8m) | ($43.8m) | ($134.4m) | ($141.1m) | ($123.0m) | |
| Change In Receivables | — | — | — | — | — | — | ($27.5m) | ($51.7m) | ($58.0m) | ($93.1m) | ($76.7m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($10.5m) | ($4.3m) | $4.7m | $17.9m | $24.8m | |
| Net Cash Provided by (Used in) Operating Activities | $184.6m |
$130.8m
-29.16%
|
$396.9m
+203.51%
|
$339.8m
-14.39%
|
$259.6m
-23.61%
|
($156.1m)
-160.13%
|
$178.2m
+214.19%
|
$250.8m
+40.71%
|
$232.7m
-7.20%
|
$366.2m
+57.34%
|
$407.3m
+11.21%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($52.8m) | ($56.4m) | ($71.9m) | ($103.0m) | ($120.7m) | |
| Restricted Cash and Investments, Current | $189.3m | $224.9m | $201.3m | $186.9m | $117.2m | $20.8m | $8.6m | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $835k | $17.0m | $1.2m | $0 | $0 | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | ($5.8m) | ($312k) | ($20k) | ($17k) | — | ($17k) | |
| Net Cash Provided by (Used in) Investing Activities | $297.3m | ($284.7m) | $115.5m | $1.1b | $587.4m | $2.0b | $30.3m | ($51.9m) | ($57.5m) | ($102.6m) | ($120.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.4b | $3.0b | $867.9m | $2.5b | $705.4m | $942.0m | $433.7m | $243.4m | $215.6m | $129.1m | ($118.7m) | |
| Gain (Loss) on Extinguishment of Debt | ($17.4m) | ($8.4m) | ($7.5m) | ($28.3m) | ($610k) | ($77.9m) | $0 | $0 | ($31k) | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $708.8m | $2.9b | $485.5m | $1.1b | $528.4m | $46.5m | $496.3m | $153.8m | $155.1m | $126.2m | $183.1m | |
| Issuance Of Debt | — | — | — | — | — | — | $496.3m | $153.8m | $155.1m | $126.2m | $183.1m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $496.3m | $153.8m | $155.1m | $126.2m | $183.1m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($433.7m) | ($243.4m) | ($215.6m) | ($129.1m) | ($118.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $62.5m | ($89.7m) | ($60.4m) | ($2.9m) | $64.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $62.5m | ($89.7m) | ($60.4m) | ($2.9m) | $64.5m | |
| Repayment Of Debt | — | — | — | — | — | — | ($433.7m) | ($243.4m) | ($215.6m) | ($129.1m) | ($118.7m) | |
| Payments for Repurchase of Common Stock | — | $0 | $0 | $264.1m | $99.5m | $380.5m | $282.2m | $0 | $102.1m | $215.2m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($253.2m) | ($112.5m) | ($1.7m) | ($455k) | ($115k) | |
| Common Stock Payments | — | — | — | — | — | — | ($282.2m) | $0 | ($102.1m) | ($215.2m) | ($329.4m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($282.2m) | $0 | ($102.1m) | ($215.2m) | ($329.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($282.2m) | $0 | ($102.1m) | ($215.2m) | ($329.4m) | |
| Dividends Payable | — | — | — | — | — | — | $3.9m | — | $576k | $115k | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($253.2m) | ($112.5m) | ($1.7m) | ($455k) | ($115k) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.0m) | ($2.1m) | ($3.0m) | ($4.1m) | ($6.3m) | |
| Net Cash Provided by (Used in) Financing Activities | ($445.7m) |
$222.8m
+149.99%
|
($410.1m)
-284.08%
|
($1.7b)
-308.16%
|
($272.7m)
+83.71%
|
($2.7b)
-883.89%
|
($461.6m)
+82.80%
|
($201.9m)
+56.26%
|
($166.9m)
+17.31%
|
($222.5m)
-33.26%
|
($271.3m)
-21.97%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.5m | $25.9m | $57.0m | ($57.0m) | $769.5m | ($521.7m) | ($251.8m) | $3.1m | $957k | $54.2m | $157.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $345.6m | $93.8m | $96.9m | $97.9m | $142.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3.5m | $25.9m | $589.8m | $526.5m | $867.3m | $345.6m | $93.8m | $96.9m | $97.9m | $152.1m | $157.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3.5m | $25.9m | ($13.5m) | ($7.3m) | ($546k) | ($14.7m) | $1.2m | $6.6m | ($7.5m) | $12.9m | $8.7m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $1.2m | $6.6m | ($7.5m) | $12.9m | $8.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $63.2m | $16.8m | $20.3m | $16.6m | $9.0m | — | |
| Income Taxes Paid, Net | $128.7m | $130.5m | $143.0m | $119.7m | $91.4m | $251.1m | $153.8m | $171.3m | $194.8m | — | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $554.4m | $9.8m | $296.6m | $869.8m | ($298.1m) | $486.9m | $8.3m | ($9.8m) | $654k | ($32k) | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | $79.1m | $53.9m | — | — | — | — | — | — | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $406.6m | ($10.7m) | $254k | ($37.8m) | ($7.3m) | ($602k) | $1.4m | $3.6m | ($1.3m) | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $67.5m | $5.8m | ($32.4m) | ($27.1m) | $13.5m | $13.8m | ($17.4m) | ($75.7m) | $50.7m | ($34.6m) | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | $67.9m | ($4.1m) | ($37.8m) | ($29.2m) | ($26.3m) | $7.0m | ($13.9m) | ($75.5m) | $53.1m | ($35.4m) | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($6.1m) | $28.7m | $88.3m | $7.3m | ($26.0m) | ($24.5m) | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Assets | $408.7m | $5.8m | $292.1m | $796.3m | $22.8m | $609.5m | $11.1m | ($9.6m) | — | — | — | |
| General and Administrative Expense | $222.5m | $315.5m | $299.3m | $252.2m | $199.8m | $204.4m | $64.8m | $52.6m | $45.8m | $51.1m | — | |
| Goodwill | $1.9b | $2.0b | $1.7b | $1.7b | $574.8m | $546.8m | $583.5m | $661.5m | $563.4m | $637.3m | $68.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | ($4.7m) | $13.9m | ($320.6m) | ($294.9m) | $61.3m | $117.4m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($4.7m) | $14.0m | ($320.6m) | ($283.1m) | $60.7m | $117.0m | $295.7m | $283.8m | — | |
| Income Tax Expense (Benefit) | $65.0m | ($66.8m) | $133.2m | $80.7m | ($130.1m) | $145.6m | $185.4m | $137.6m | $119.0m | $117.3m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $18.1m | $10.7m | — | |
| Operating Lease, Expense | — | — | — | $13k | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $11.6m | $16.0m | $587k | $9.1m | $779k | $33.0m | $0 | $1.3m | $79k | $0 | — | |
| Proceeds from Stock Options Exercised | $253k | $0 | $0 | $14.0m | $25.7m | $3.4m | $13.2m | $2.3m | $230k | $128k | — | |
| Provision for Loan, Lease, and Other Losses | $3.4m | $1.2m | $1.4m | $1.9m | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($461.6m) | ($201.9m) | ($166.9m) | ($222.5m) | ($271.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($52.6m) | ($56.2m) | ($53.9m) | ($102.8m) | ($120.5m) | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | $82.9m | $4.3m | ($3.6m) | $108k | ($4.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($251.8m) | $3.1m | $957k | $54.2m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $12.4m | $9.6m | ($66.0m) | ($73.5m) | ($71.3m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $4.8m | $2.6m | ($15.2m) | $7.6m | $300k | |
| Changes In Cash | — | — | — | — | — | — | ($253.0m) | ($3.0m) | $8.2m | $41.1m | $15.5m | |
| End Cash Position | — | — | — | — | — | — | $93.8m | $96.9m | $97.9m | $152.1m | $157.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($461.6m) |
($201.9m)
+56.26%
|
($166.9m)
+17.31%
|
($222.5m)
-33.26%
|
($271.3m)
-21.97%
|
|
| Free Cash Flow | — | — | — | — | — | — | $125.5m | $194.3m | $160.8m | $263.1m | $286.6m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($11.1m) | $9.6m | ($5.1m) | $165k | $165k | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($11.1m) | $9.6m | ($5.1m) | — | ($5.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | $30.3m | ($51.9m) | ($57.5m) | ($102.6m) | ($120.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $0 | $83.4m | — | — | — | — | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $13.9m | $75.5m | ($53.1m) | $35.4m | $7.2m | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($50.3m) | $0 | $0 | — | — | $24.3m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($52.3m) | ($56.2m) | ($53.9m) | ($102.8m) | ($120.5m) | |
| Operating Gains Losses | — | — | — | — | — | — | $2.8m | $85.1m | ($58.2m) | $35.6m | $7.3m | |
| Other Cash Adjustment Outside Changein Cash | — | — | — | — | — | — | $0 | ($502k) | $257k | $269k | — | |
| Other Non Cash Items | — | — | — | — | — | — | $8.4m | $1.3m | ($1.4m) | $4.5m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $13.2m | $2.3m | $230k | $128k | $82k | |
| Purchase Of Investment | — | — | — | — | — | ($50.3m) | $0 | $0 | — | — | — | |
| Purchase Of PPE | — | $274.1m | $238.0m | $155.6m | $74.6m | $50.4m | ($52.8m) | ($56.4m) | ($71.9m) | ($103.0m) | ($120.7m) | |
| Sale Of Business | — | — | — | — | — | $0 | $83.4m | — | — | — | — | |
| Sale Of PPE | — | — | — | — | — | — | $468k | $274k | $18.0m | $289k | $205k | |
| Stock Based Compensation | — | — | — | — | — | — | $8.8m | $7.1m | $7.8m | $13.3m | $14.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.