EDU vs LOPE: New Oriental Education & Technology and Grand Canyon Education compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- New Oriental Education & Technology is the larger company, worth $9.4B, about 2.2 times Grand Canyon Education.
- New Oriental Education & Technology grew revenue faster over the last year (+15.5% vs +6.7%).
- Grand Canyon Education keeps more of each dollar of revenue as operating profit (24.5% vs 11.4%).
- On earnings, Grand Canyon Education is the cheaper stock (19.9x vs 20.9x).
- Grand Canyon Education's price assumes faster free cash flow growth: about 3% a year, against -2% for New Oriental Education & Technology (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | EDU | LOPE |
|---|---|---|
| Market cap | $9.4B | $4.2B |
| Share price | $58.63 | $159.80 |
| Revenue (last fiscal year) | $5.7B | $1.1B |
| Free cash flow (last fiscal year) | $780M | $239M |
| Revenue growth, last year | +15.5% | +6.7% |
| Revenue growth per year, last 5 fiscal years | +16.2% | +5.4% |
| Operating margin | 11.4% | 24.5% |
| Net margin | 8.4% | 19.6% |
| Return on equity | 11.9% | 33.5% |
| P/E (trailing) | 20.9x | 19.9x |
| Price / free cash flow | 14.8x | 17.6x |
| EV / EBITDA | 5.70x | 13.0x |
| FCF growth the price implies | -1.7% | 3.3% |
| Dividend yield | 2.1% | — |
| Debt / equity | 1.12x | 0.37x |
| Fundamental grade | C | B |
| Superinvestors holding it | 2 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
New Oriental Education & Technology
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $3.1B | -$1.4B | -31.6% |
| 2023 | $3.0B | $828M | 6.3% |
| 2024 | $4.3B | $873M | 8.1% |
| 2025 | $4.9B | $655M | 8.7% |
| 2026 | $5.7B | $780M | 11.4% |
Grand Canyon Education
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $897M | $284M | 31.5% |
| 2022 | $911M | $186M | 26.1% |
| 2023 | $961M | $199M | 25.9% |
| 2024 | $1.0B | $253M | 26.7% |
| 2025 | $1.1B | $239M | 24.0% |
Where the revenue comes from
New Oriental Education & Technology · by segments, 2026
Grand Canyon Education
No segment breakdown reported.
Questions
Which is bigger, New Oriental Education & Technology or Grand Canyon Education?
New Oriental Education & Technology (EDU), at $9.4B against $4.2B.
Is EDU or LOPE cheaper?
By trailing P/E, Grand Canyon Education (19.9x) is cheaper than New Oriental Education & Technology (20.9x). A lower multiple can also mean the market expects less growth.
Which grows faster, EDU or LOPE?
New Oriental Education & Technology: revenue grew +15.5% over the last year, against +6.7%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.