Covista Inc. (CVSA)

Covista Inc., together with its subsidiaries, provides healthcare education in the United States, Barbados, St. Kitts, and St. Maarten. It operates in three segments: Chamberlain, Walden, and Medical and Veterinary. The company provides degree programs, including bachelor's, master's, and doctoral degrees; and online certificate programs for nursing, health professions, medical, and veterinary postsecondary education, counseling, business, information technology, psychology, public health, social work and human services, public administration and public policy, and criminal justice. It also operates Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The company was formerly known as Adtalem Global Education Inc. and changed its name to Covista Inc. in February 2026. Covista Inc. was incorporated in 1987 and is headquartered in Chicago, Illinois.

Symbol
CVSA
Exchange
NYSE
Sector
Consumer Defensive
Industry
Education & Training Services
Market cap
$4.22B
52 week range
86.97 - 156.26

Valuation

Share price
$123.19 (close of 2026-09-23)
P/E (TTM)
17.25x
Price to book
2.92x
Price to free cash flow
10.74x
Enterprise value
$4.72B
Book value per share
$42.49

Price performance

PeriodChange
1 day-2.07%
5 days-2.45%
1 month-6.92%
3 months+2.04%
6 months+12.36%
Year to date+19.06%
1 year-14.50%
3 years+187.49%
5 years+219.97%
10 years+449.22%
All time+9997.54%

Profitability and growth

Return on equity
17.40%
Return on invested capital
15.71%
Return on assets
8.35%
Return on capital employed
15.87%
Gross margin
57.34%
Net margin
12.87%
EBITDA margin
21.86%
Revenue growth
9.27%
Net income growth
6.12%
Free cash flow growth
36.57%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.32%
Current ratio
1.09x
Net debt to EBITDA
1.07x

Latest reported year

Period end
2026-06-30
Fiscal year
2026
Revenue
$1.95B
Cost of revenue
$833.66M
Gross profit
$1.12B
EBITDA
$427.23M
Net income
$251.57M
Earnings per share
$7.18
Interest expense
$45.44M
Shares outstanding
35.05M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-06-30$1.95B$1.12B$251.57M$7.18
2025-06-30$1.79B$1.02B$237.06M$6.39
2024-06-30$1.58B$886.10M$136.78M$3.47
2023-06-30$1.45B$802.34M$93.36M$2.08
2022-06-30$1.38B$722.07M$310.99M$6.43
2021-06-30$899.25M$441.34M$70.03M$1.36
2020-06-30$866.43M$409.26M$-85.33M$-1.59
2019-06-30$1.01B$542.06M$95.17M$1.63
2018-06-30$960.28M$498.72M$33.77M$0.55
2017-06-30$1.21B$569.66M$122.28M$1.93

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-06-3057.34%12.87%17.40%15.71%
2025-06-3056.86%13.26%16.54%13.73%
2024-06-3055.92%8.63%9.99%9.55%
2023-06-3055.30%6.43%6.41%7.59%
2022-06-3052.25%22.51%20.85%3.47%
2021-06-3049.08%7.79%5.41%4.65%
2020-06-3047.24%-9.85%-6.52%8.30%
2019-06-3053.47%9.39%6.84%7.74%
2018-06-3051.94%3.52%2.22%-
2017-06-3047.16%10.12%7.33%-

Cash and debt by year

Period endCashDebt
2026-06-30$406.32M$657.75M
2025-06-30$199.60M$552.67M
2024-06-30$219.31M$648.71M
2023-06-30$272.19M$695.08M
2022-06-30$346.97M$838.91M
2021-06-30$476.38M$1.07B
2020-06-30$500.52M$286.12M
2019-06-30$204.20M$398.09M
2018-06-30$430.69M$290.07M
2017-06-30$240.43M$125.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-06-30$392.73M$41.22M
2025-06-30$287.57M$41.59M
2024-06-30$246.88M$25.95M
2023-06-30$165.90M$14.30M
2022-06-30$-20.45M$22.61M
2021-06-30$152.32M$12.82M
2020-06-30$68.09M$13.88M
2019-06-30$147.28M$13.22M
2018-06-30$192.57M$14.50M
2017-06-30$188.41M$16.60M

Dividend history

Most recent payment
2016-11-30
Payment dateDividend per share
2016-11-30$0.18
2016-06-01$0.18
2015-12-02$0.18
2015-06-03$0.18
2014-12-03$0.18
2014-06-04$0.17
2013-12-04$0.17
2013-06-05$0.17

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$1.90

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$1.89
2026-05-07--
2026-01-28--
2025-10-30--
2025-08-07--
2025-05-08--
2025-01-30--
2024-10-29--

Filings and sources

Company website
covista.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Constellation Brands, Inc. (STZ) · Molson Coors Beverage Co (TAP) · Coca-Cola Co (KO) · PepsiCo Inc (PEP) · Monster Beverage Corp (MNST) · Keurig Dr Pepper Inc. (KDP) · Brown-Forman Corp (BF-B) · Walmart Inc. (WMT)

All Consumer Defensive companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades