TAL Education Group logo TAL - TAL Education Group

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 12
HOLD 16
SELL 0
STRONG
SELL
0
| PRICE TARGET: $13.60 DETAILS
HIGH: $13.60
LOW: $13.60
MEDIAN: $13.60
CONSENSUS: $13.60
UPSIDE: 20.14%
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue
Revenue 3,020.1 2,250.2 1,489.4 1,016.1 4,398.9 4,509.7 3,272.6 2,558.9 1,724.7 1,041.1 619.9 434.0 313.9 225.9 177.5 110.8 69.3 37.6 8.9
Cost of Revenue 1,348.4 1,050.0 683.8 434.8 2,207.4 2,054.9 1,468.3 1,162.6 887.3 521.3 303.6 203.1 151.5 115.7 95.6 56.3 37.7 18.6 4.4
Gross Profit 1,671.7 1,200.3 805.6 581.3 2,191.6 2,454.8 1,804.4 1,396.3 837.4 519.8 316.3 230.9 162.4 110.2 81.9 54.5 32.0 19.0 4.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,394.6 1,207.6 891.2 694.3 2,322.1 2,806.1 1,647.4 1,062.0 631.9 388.5 234.6 164.1 106.1 78.8 61.0 29.1 16.5 8.3 2.9
Other Expenses 0 (4.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 52.8 0 0
Operating Expenses 1,394.6 1,203.4 891.2 694.3 2,322.1 2,806.1 1,647.4 1,062.0 631.9 388.5 234.6 164.1 106.1 78.8 61.0 29.1 69.3 8.3 2.9
Operating Income
Operating Income 277.1 (3.2) (85.6) (113.0) (130.5) (351.3) 156.9 334.3 205.5 131.2 81.7 66.8 56.3 31.4 21.0 25.5 15.5 10.7 1.7
Interest Expense 0 0 0 0 7.9 16.9 11.8 17.6 16.6 13.1 7.5 5.8 0 0 0 0.1 0.0 0.0 0
Interest Income 62.3 83.5 84.9 61.6 103.2 114.2 73.0 59.6 39.8 18.1 17.7 16.6 9.4 5.3 3.5 1.3 0.3 0.1 0.0
Profitability
EBITDA 759.8 174.9 36.3 (75.2) (575.3) (189.8) 272.1 423.0 265.0 164.7 100.9 79.2 66.3 38.5 26.6 28.9 17.6 11.7 1.8
EBIT 687.1 122.6 11.2 (111.6) (760.9) (351.3) 156.9 334.3 205.5 131.2 81.7 66.8 56.3 31.4 21.0 25.5 15.5 10.7 1.7
Income Before Tax 687.1 122.6 11.2 (111.6) (768.7) (213.6) (58.3) 440.3 240.7 146.3 136.2 76.5 67.3 37.5 28.5 27.1 15.6 9.3 1.7
Income Tax Expense 155.0 38.3 15.4 19.9 397.7 (70.1) 69.3 76.4 44.9 34.0 33.5 9.4 6.7 4.1 4.2 2.6 1.4 2.0 0.2
Net Income 532.7 84.6 (3.6) (135.1) (1,138.2) (116.3) (110.2) 366.7 199.6 116.7 102.9 67.2 60.6 33.4 24.3 24.1 14.2 7.3 1.5
Per Share Data
EPS (Basic) 2.79 1.26 -0.06 -1.92 -15.90 -1.71 -1.83 5.67 3.51 2.14 1.87 1.25 1.16 0.64 0.48 0.53 0.33 0.18 0.04
EPS (Diluted) 2.76 1.26 -0.05 -1.92 -15.90 -1.71 -1.83 5.40 2.97 1.96 1.78 1.25 1.16 0.62 0.48 0.53 0.33 0.17 0.04
Shares Outstanding 190.4 67.7 58.7 69.9 70.9 67.2 64.9 66.0 63.3 58.4 56.3 54.0 52.6 51.7 50.3 43.1 39.2 40.3 40.3
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Current Assets
Cash & Cash Equivalents 1,523.9 1,771.3 2,208.8 2,021.9 1,638.2 3,243.0 1,873.9 1,247.1 711.5 470.2 434.0 470.2 269.9 185.1 198.9 173.2 50.8 29.7
Short-Term Investments 1,715.4 1,847.1 1,094.6 1,149.6 1,070.5 2,694.6 345.5 268.4 787.4 229.5 44.8 22.0 0 24.5 0.4 0.5 1.9 0.3
Net Receivables 83.1 105.9 80.7 44.8 74.7 25.9 42.7 50.2 16.5 105.9 1.4 1.2 0.3 0.1 1.9 0.4 0.5 0.3
Inventory 143.3 104.9 68.3 39.0 21.8 38.7 25.8 7.8 5.3 2.8 0.6 0.5 0.2 0.4 0.2 0.1 0.1 0.0
Other Current Assets 246.7 200.1 176.9 210.0 763.7 1,903.4 200.6 127.1 111.6 144.1 4.4 32.8 21.1 5.3 3.2 27.0 1.0 0.5
Total Current Assets 3,843.1 4,126.9 3,699.2 3,468.4 3,629.4 8,156.8 2,495.8 1,745.7 1,662.0 869.0 515.9 539.4 300.4 226.4 210.2 205.4 55.9 32.0
Non-Current Assets
Property, Plant & Equipment 880.4 801.4 636.4 437.9 508.3 2,057.2 1,610.3 287.9 247.3 154.3 114.6 93.6 78.6 76.1 76.7 7.5 5.0 2.5
Goodwill 45.5 0.2 0 0.2 0 454.4 378.9 414.2 291.4 267.2 87.0 12.3 7.5 0.6 0.5 0.7 0.8 0.8
Intangible Assets 235.8 183.3 189.0 194.4 219.4 282.7 263.8 74.8 43.5 38.0 15.2 3.7 2.5 1.7 0.2 0.7 1.4 2.2
Long-Term Investments 756.3 293.7 264.8 453.4 396.8 660.0 571.6 850.7 597.6 347.7 274.4 97.4 27.1 5.5 0 0 0 0
Other Non-Current Assets 171.9 94.1 133.9 164.2 322.0 184.0 171.2 332.6 195.4 134.4 47.7 24.3 10.9 5.2 6.5 2.8 2.2 0.9
Total Non-Current Assets 2,093.2 1,376.1 1,228.8 1,255.9 1,453.2 3,955.5 3,075.5 1,989.4 1,392.6 957.8 545.5 233.0 127.2 89.6 84.4 12.3 9.6 6.5
Total Assets 5,936.3 5,503.1 4,927.9 4,724.4 5,082.5 12,112.3 5,571.2 3,735.1 3,054.6 1,826.8 1,061.4 772.4 427.6 316.0 294.7 217.8 65.5 38.6
Current Liabilities
Account Payables 152.5 146.3 127.3 60.0 89.8 353.8 117.8 106.5 57.6 22.6 10.4 4.7 2.3 2.0 2.9 0.9 1.0 0.1
Short-Term Debt 0 0 0 0 0 270 0 215.3 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 832.8 624.3 400.3 234.9 187.7 1,387.5 780.2 433.6 824.3 504.1 280.9 177.6 132.4 102.5 85.6 50.7 29.4 18.0
Other Current Liabilities 71.3 73.8 57.5 119.6 61.3 438.5 265.0 180.7 (17.5) 34.0 26.1 13.5 7.4 4.4 5.7 0 0 1.3
Total Current Liabilities 1,767.2 1,441.3 1,082.2 783.9 902.6 3,373.9 1,806.6 1,183.7 1,133.4 667.1 383.2 232.6 166.8 124.5 104.4 62.6 37.9 25.8
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 2,300 261.9 0 236.1 450.1 227.8 226.1 0 0 0 0 0.5 0
Deferred Tax Liabilities 68.0 3.5 2.4 1.6 1.7 10.3 7.8 17.7 20.0 13.2 1.3 0.2 0.0 0.1 0.2 0.1 0.2 0.2
Other Non-Current Liabilities 0 0 0 0 0 0 0 0.7 44.6 2.8 0 0 0.8 0 0 0 9 9.2
Total Non-Current Liabilities 395.4 295.3 207.0 119.6 177.7 3,533.9 1,220.5 20.9 280.7 480.9 237.5 226.3 0.8 0.1 0.2 0.1 9.7 9.4
Total Liabilities 2,162.6 1,736.7 1,289.2 903.4 1,080.3 6,907.8 3,027.0 1,204.6 1,414.1 1,148.0 620.6 458.8 167.6 124.6 104.5 62.7 47.6 35.2
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1
Retained Earnings (130.4) (624.1) (694.3) (685.9) (544.3) 624.9 786.1 920.3 565.2 415.7 306.4 207.5 144.3 86.4 54.8 32.7 12.1 0.0
Accumulated Other Comprehensive Income 210.3 95.6 99.2 129.7 216.0 207.6 53.8 75.7 170.6 84.3 22.0 23.1 22.9 18.8 4.9 1.9 0.2 0.1
Total Stockholders' Equity 3,774.4 3,766.6 3,662.1 3,844.6 4,030.2 5,201.8 2,515.7 2,483.7 1,620.7 642.1 437.0 313.3 260.0 191.4 190.1 155.1 17.9 3.4
Total Liabilities & Equity 5,936.3 5,503.1 4,927.9 4,724.4 5,082.5 12,112.3 5,571.2 3,735.1 3,054.6 1,826.8 1,061.4 772.4 427.6 316.0 294.7 217.8 65.5 38.6
Debt Metrics
Total Debt 387.5 333.3 239.2 157.7 242.1 4,146.2 1,516.8 215.3 236.1 450.1 227.8 226.1 0 0 0 0 0 0
Net Debt (1,136.4) (1,437.9) (1,969.5) (1,864.2) (1,396.1) 903.3 (357.0) (1,031.8) (475.4) (20.1) (206.2) (244.1) (269.9) (185.1) (198.9) (173.2) (50.8) (29.7)
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Operating Activities
Net Income 532.7 84.3 (3.6) (135.6) (1,164.3) (143.1) (127.7) 364.5 194.7 112.5 102.8 67.1 60.6 33.4 24.3 24.4 14.2 7.3 1.5
Depreciation & Amortization 76.7 52.3 29.9 40.7 189.9 165.3 118.0 88.8 59.2 33.6 19.2 12.5 10.0 7.4 5.7 3.5 2.1 1.0 0.2
Stock-Based Compensation 43.1 64.9 88.9 108.6 174.8 204.9 117.9 77.3 47.1 36.1 25.8 18.4 8.3 8.3 7.9 5.3 0 0 0
Change in Working Capital 264.7 211.0 181.7 (72.7) (1,312.0) 571.4 442.3 (271.7) 383.6 185.2 86.2 50.0 22.9 15.7 35.0 21.0 10.8 13.9 4.7
Other Non-Cash Items (313.5) (14.5) 9.3 66.0 868.2 (3.9) 363.6 (69.8) (5,180.2) 3,336.1 741.3 (0.4) 636.2 674.1 674.0 543.8 0 1.2 0
Operating Cash Flow 603.7 397.9 306.2 7.4 (939.2) 954.7 855.9 194.4 685.3 359.6 187.7 147.6 101.6 65.4 73.4 53.8 27.2 23.5 6.3
Investing Activities
Capital Expenditure (93.5) (112.3) (121.3) (110.3) (246.4) (245.7) (188.1) (355.0) (128.4) (71.1) (35.1) (30.8) (10.9) (6.9) (74.5) (5.2) (3.8) (3.6) (0.5)
Acquisitions (94.3) 0.1 0 (0.2) 24.5 (11.9) (7.0) (66.9) (14.0) (27.2) (21.8) (6.0) (28.9) (0.7) 0 1,464.2 0 (1.6) 0
Purchases of Investments (2,372.6) (2,185.2) (864.7) (1,876.2) (1,484.5) (2,593.6) (682.7) (827.3) (1,437.3) (448.3) (233.7) (119.6) (75.4) (51.6) (0.1) (1,464.2) (1.5) 0 0
Sales/Maturities of Investments 2,384.3 1,449.3 1,068.2 1,664.4 3,069.5 209.3 578.5 1,107.5 676.9 136.9 92.7 22.2 98.4 32.3 0 1.5 0 0 0
Other Investing Activities 0.1 0.5 4.3 20.8 5.5 0.4 (39.5) (24.8) 62.5 (108.6) (17.5) (11.6) (0.6) (1.3) 15.5 (25.9) 0 0 (0.7)
Investing Cash Flow (176.4) (847.0) 95.1 (301.6) 1,368.7 (2,641.5) (338.8) (166.6) (840.4) (518.3) (215.4) (145.8) (17.4) (28.1) (59.1) (29.6) (5.3) (5.1) (1.5)
Financing Activities
Net Debt Issuance 0 (0.4) 0 0 (2,570) 2,296.5 60.7 (15.1) 0 213 0 224.7 0 0 (0.1) (0.5) 0 0 0.1
Stock Repurchased (646.5) (13.1) (233.6) (66.4) (196.3) (9.9) 0 0 0 (19.5) (9.4) 0 0 (2.4) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 (41.2) 0 0 0 (39,030.0) (39.0) (30,000) (30) (1.4) 0 0
Other Financing Activities 0 0.4 0.5 0.2 (0.4) 8.2 70.6 (9.9) (30.7) (14.7) (9.4) (22.9) 0 0 (0.4) (2.4) 0.5 0.4 0
Financing Cash Flow (645.9) (13.2) (233.1) (66.2) (2,766.7) 4,794.8 131.2 475.0 428.2 198.3 0.6 201.8 (41,465.1) (41.5) (0.5) 96.6 (0.9) 5.3 0.1
Cash Position
Net Change in Cash (207.7) (465.7) 162.6 (386.9) (2,336.2) 3,102.8 651.5 536.0 241.3 36.2 (36.1) 200.2 84.8 (3.5) 15.4 122.4 21.1 24.0 0
Cash at Beginning 1,959.1 2,457.5 2,294.9 2,681.8 5,018.0 1,915.2 1,263.7 727.7 470.2 434.0 470.2 269.9 185.1 188.6 173.2 50.8 29.7 5.7 0
Cash at End 1,751.4 1,991.7 2,457.5 2,294.9 2,681.8 5,018.0 1,915.2 1,263.7 711.5 470.2 434.0 470.2 269.9 185.1 188.6 173.2 50.8 29.7 0
Free Cash Flow 510.2 285.7 184.9 (103.0) (1,185.6) 709.0 667.8 (160.6) 556.9 288.4 152.6 116.7 90.7 58.5 (1.1) 48.7 23.4 19.9 5.8
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Income Statement
Revenue 3,020.1 2,250.2 1,489.4 1,016.1 4,398.9 4,509.7 3,272.6 2,558.9 1,724.7 1,041.1 619.9 434.0 313.9 225.9 177.5 110.8 69.3 37.6 8.9
Gross Profit 1,671.7 1,200.3 805.6 581.3 2,191.6 2,454.8 1,804.4 1,396.3 837.4 519.8 316.3 230.9 162.4 110.2 81.9 54.5 32.0 19.0 4.5
Operating Income 277.1 (3.2) (85.6) (113.0) (130.5) (351.3) 156.9 334.3 205.5 131.2 81.7 66.8 56.3 31.4 21.0 25.5 15.5 10.7 1.7
Net Income 532.7 84.6 (3.6) (135.1) (1,138.2) (116.3) (110.2) 366.7 199.6 116.7 102.9 67.2 60.6 33.4 24.3 24.1 14.2 7.3 1.5
EPS (Diluted) 2.76 1.26 -0.05 -1.92 -15.90 -1.71 -1.83 5.40 2.97 1.96 1.78 1.25 1.16 0.62 0.48 0.53 0.33 0.17 0.04
Balance Sheet
Cash & Equivalents 1,523.9 1,771.3 2,208.8 2,021.9 1,638.2 3,243.0 1,873.9 1,247.1 711.5 470.2 434.0 470.2 269.9 185.1 198.9 173.2 50.8 29.7
Total Assets 5,936.3 5,503.1 4,927.9 4,724.4 5,082.5 12,112.3 5,571.2 3,735.1 3,054.6 1,826.8 1,061.4 772.4 427.6 316.0 294.7 217.8 65.5 38.6
Total Debt 387.5 333.3 239.2 157.7 242.1 4,146.2 1,516.8 215.3 236.1 450.1 227.8 226.1 0 0 0 0 0 0
Stockholders' Equity 3,774.4 3,766.6 3,662.1 3,844.6 4,030.2 5,201.8 2,515.7 2,483.7 1,620.7 642.1 437.0 313.3 260.0 191.4 190.1 155.1 17.9 3.4
Cash Flow
Operating Cash Flow 603.7 397.9 306.2 7.4 (939.2) 954.7 855.9 194.4 685.3 359.6 187.7 147.6 101.6 65.4 73.4 53.8 27.2 23.5 6.3
Capital Expenditure (93.5) (112.3) (121.3) (110.3) (246.4) (245.7) (188.1) (355.0) (128.4) (71.1) (35.1) (30.8) (10.9) (6.9) (74.5) (5.2) (3.8) (3.6) (0.5)
Free Cash Flow 510.2 285.7 184.9 (103.0) (1,185.6) 709.0 667.8 (160.6) 556.9 288.4 152.6 116.7 90.7 58.5 (1.1) 48.7 23.4 19.9 5.8