Covista Inc.

Covista Inc.

CVSA · NYSE · Consumer Defensive / Education & Training Services

118.17USD-0.83 (-0.70%)

Price History

Full chart

Market Stats

Previous Close119.00
Open119.95
Day Range117.62 – 120.48
52-Week Range86.97 – 142.13
Volume393.70K
Market Cap3.67B
P/E (TTM)13.93
Forward P/E12.20
EPS7.92
Dividend Yield0.00%
Beta0.66
50-Day Avg126.18
200-Day Avg119.66

About

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.

Company Details

  • SectorConsumer Defensive
  • IndustryEducation & Training Services
  • CEOMr. Stephen W. Beard J.D.
  • Employees4.74K
  • Headquarters233 South Wacker Drive, Chicago, IL, United States, 60606, USA
  • Websitehttps://www.covista.com

Leadership

  • Mr. Stephen W. Beard J.D.CEO & Chairman · b. 1971
  • Mr. Robert J. Phelan CPASenior VP & CFO · b. 1965
  • Mr. Douglas G. Beck J.D.Senior VP of Institutional Support Services, General Counsel & Corporate Secretary · b. 1967
  • Mr. Michael BetzChief Growth & Innovation Officer, Senior VP and President of Walden University · b. 1973
  • Mr. Scott Day LilesChief Strategy & Performance Officer and President of Medical and Veterinary · b. 1966
  • Mr. Manjunath GangadharanVP & Chief Accounting Officer · b. 1983
  • Mr. Jeremy CohenVice President of Investor Relations
  • Ms. Sara HillSenior VP & Chief Human Resources Officer · b. 1969
  • Ms. Megan NoelSenior VP & Chief Corporate Affairs Officer · b. 1985
  • Ms. Amelia ManningPresident of Chamberlain University · b. 1974

Financials

Income Statement

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue153.70M156.70M163.10M179.20M191.90M211.40M227.30M258.90M307.30M351.90M419.40M505.33M568.18M647.58M679.58M784.88M781.30M839.51M933.47M1.09B1.46B1.92B2.18B2.09B1.96B1.92B1.91B1.84B1.21B1.24B1.01B1.05B906.90M1.38B1.45B1.58B1.79B1.95B
Growth (%)-+1.95%+4.08%+9.87%+7.09%+10.16%+7.52%+13.90%+18.69%+14.51%+19.18%+20.49%+12.44%+13.98%+4.94%+15.50%-0.46%+7.45%+11.19%+16.96%+33.85%+31.05%+13.95%-4.24%-6.00%-2.09%-0.70%-3.48%-34.48%+2.31%-17.96%+3.76%-13.79%+52.37%+4.99%+9.22%+12.85%+9.27%
Cost of Revenue81.90M69.70M80.60M102.40M110.80M120.40M130.50M147.60M166.90M184.30M218.40M260.65M304.53M347.99M366.07M420.11M437.35M462.55M468.37M482.31M638.45M786.92M884.71M944.52M920.91M935.13M958.03M958.65M638.25M624.85M468.91M484.16M446.88M729.91M676.73M698.55M771.43M833.66M
Gross Profit71.80M87.00M82.50M76.80M81.10M91.00M96.80M111.30M140.40M167.60M201.00M244.69M263.64M299.60M313.50M364.78M343.96M376.96M465.10M609.52M823.00M1.13B1.30B1.15B1.04B988.25M951.91M884.89M569.66M610.93M544.93M567.84M460.02M651.93M774.10M886.10M1.02B1.12B
Gross Margin46.71%55.52%50.58%42.86%42.26%43.05%42.59%42.99%45.69%47.63%47.93%48.42%46.40%46.26%46.13%46.48%44.02%44.90%49.83%55.83%56.31%58.91%59.46%54.80%53.12%51.38%49.84%48.00%47.16%49.44%53.75%53.98%50.72%47.18%53.36%55.92%56.86%57.34%
Operating Expense75.90M77.50M72.40M57.30M58.70M65.40M69.20M78.60M98.80M117.80M138.90M166.69M167.33M188.71M225.77M275.59M300.17M313.07M383.63M443.45M579.29M717.36M803.49M839.52M797.70M776.18M750.30M682.18M434.17M380.45M362.21M401.73M303.50M496.36M547.77M669.05M675.32M737.05M
Operating Income-4.10M9.50M10.10M19.50M22.40M25.60M27.60M32.70M41.60M49.80M62.10M77.99M96.31M110.88M87.74M89.19M43.79M63.89M81.47M166.08M243.71M410.90M494.18M305.74M245.77M212.06M201.60M202.71M135.50M230.48M182.72M166.11M156.51M155.57M226.33M217.05M341.54M383.38M
Operating Margin-2.67%6.06%6.19%10.88%11.67%12.11%12.14%12.63%13.54%14.15%14.81%15.43%16.95%17.12%12.91%11.36%5.61%7.61%8.73%15.21%16.68%21.45%22.64%14.63%12.51%11.03%10.56%11.00%11.22%18.65%18.02%15.79%17.26%11.26%15.60%13.70%19.10%19.62%
EBITDA1.40M29.40M27.20M26.30M29.20M32.90M33.80M40.30M53.00M63.80M79.90M103.24M128.35M144.42M128.07M144.77M101.36M111.44M125.48M205.95M294.16M473.12M558.75M394.43M339.02M301.88M292.16M288.26M257.60M283.31M223.43M265.51M210.80M264.45M326.29M379.60M427.31M444.77M
EBITDA Margin0.91%18.76%16.68%14.68%15.22%15.56%14.87%15.57%17.25%18.13%19.05%20.43%22.59%22.30%18.85%18.45%12.97%13.27%13.44%18.86%20.13%24.70%25.60%18.87%17.26%15.70%15.30%15.64%21.33%22.93%22.04%25.24%23.24%19.14%22.49%23.95%23.89%22.76%
Net Income-21.40M-5.90M-3.50M21.70M9.40M12.20M14.90M19.20M24.20M30.70M38.83M47.78M57.78M67.06M61.15M52.36M28.54M43.05M76.19M125.53M165.61M279.91M330.40M141.56M106.79M134.03M139.90M-3.17M122.28M33.77M128.77M202.23M76.91M-162.49M96.93M136.78M232.68M251.57M
Net Income Margin-13.92%-3.77%-2.15%12.11%4.90%5.77%6.56%7.42%7.88%8.72%9.26%9.46%10.17%10.35%9.00%6.67%3.65%5.13%8.16%11.50%11.33%14.62%15.14%6.77%5.44%6.97%7.32%-0.17%10.12%2.73%12.70%19.22%8.48%-11.76%6.68%8.63%13.01%12.87%
R&D----------------------00000000--------
R&D as % of Total Revenue----------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense0000000000000000010.19M4.78M522.00K2.77M1.58M1.28M2.61M3.61M3.63M5.31M5.93M9.14M14.62M19.90M9.11M42.84M98.94M63.17M63.66M52.32M39.16M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.21%0.51%0.05%0.19%0.08%0.06%0.12%0.18%0.19%0.28%0.32%0.76%1.18%1.96%0.87%4.72%7.16%4.35%4.02%2.93%2.00%

Balance Sheet

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets132.20M109.30M95.80M112.40M99.20M106.80M126.70M178.10M208.70M223.90M260.70M327.08M391.68M467.63M841.42M884.13M910.03M872.48M844.11M1.02B1.43B1.63B1.85B1.84B1.86B2.00B2.04B2.10B2.31B2.34B2.24B2.23B3.08B3.03B2.81B2.74B2.75B3.01B
Total Liabilities176.10M150.80M118.90M111.10M88.20M83.80M88.70M120.80M103.40M87.60M85.40M101.94M107.00M114.08M425.75M405.88M396.65M307.88M202.15M262.37M504.17M443.44M454.23M473.98M459.01M457.85M445.40M509.80M638.71M816.57M841.62M915.41M1.78B1.54B1.35B1.37B1.32B1.57B
Total Equity-43.90M-41.50M-23.10M1.30M11.00M23.00M38.00M57.30M105.30M136.30M175.30M225.14M284.67M353.55M415.67M478.26M513.38M564.61M641.97M755.99M926.94M1.18B1.39B1.36B1.40B1.54B1.58B1.58B1.68B1.52B1.39B1.31B1.30B1.49B1.46B1.37B1.43B1.45B
Cash22.10M12.90M14.20M16.00M13.30M22.70M26.30M29.90M38.90M31.90M31.80M25.85M29.21M59.69M93.47M146.23M161.82M20.63M143.64M221.31M170.54M309.80M449.45M176.57M203.59M358.19M353.02M308.16M241.98M430.69M204.20M500.52M476.38M346.97M272.19M219.31M199.60M406.32M
Total Debt135.00M124.90M91.90M80.10M55.70M43.30M33.00M61.50M33.00M10.00M----290.00M250.00M225.00M125.00M--124.81M-------125.00M293.07M401.09M527.19M1.30B1.07B896.19M847.85M774.00M905.50M
Net Debt112.90M112.00M77.70M64.10M42.40M20.60M6.70M31.60M-5.90M-21.90M-31.80M-25.85M-29.21M-59.69M196.53M103.77M63.18M104.37M-143.64M-221.31M-45.73M-309.80M-449.45M-176.57M-203.59M-358.19M-353.02M-308.16M-116.98M-137.62M196.89M26.68M824.29M719.76M624.00M628.55M574.40M499.18M

Cash Flow

Currency: USD1990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow10.80M13.60M15.30M24.10M28.40M28.20M28.40M42.40M47.60M54.60M71.33M85.22M115.32M98.25M134.43M87.56M90.82M119.02M188.27M250.62M388.30M408.20M277.61M261.50M266.89M205.50M231.48M230.92M239.19M204.86M107.69M192.20M10.60M191.91M295.77M337.90M470.42M
Investing Cash Flow-2.30M-2.10M-3.90M-5.10M-6.30M-14.60M-53.20M-28.80M-31.80M-44.80M-79.38M-83.12M-85.87M-339.67M-44.30M-47.77M-26.00M-1.92M-100.00M-389.39M-85.79M-125.99M-380.01M-152.63M-84.33M-155.88M-215.41M-379.65M-71.45M-213.84M382.52M-56.69M-551.80M23.74M-47.85M-41.92M-83.70M
Financing Cash Flow-9.70M-10.30M-9.60M-21.40M-12.50M-10.10M28.60M-4.70M-22.90M-9.70M2.07M982.00K1.07M290.40M-37.37M-23.91M-95.53M-124.23M-11.28M86.17M-161.84M-140.19M-168.02M-82.56M-19.14M-48.61M-69.09M85.84M37.20M-137.53M-256.11M676.47M-424.48M-288.51M-301.80M-316.02M-180.13M
Capital Expenditure2.30M2.10M3.90M5.10M6.30M14.60M36.30M28.80M31.80M44.80M40.80M74.55M85.87M43.76M42.81M42.91M25.27M38.56M62.81M74.04M131.01M135.73M129.06M111.78M79.36M88.71M51.45M42.51M46.62M57.57M39.60M39.88M31.05M26.01M48.89M50.33M77.70M
Free Cash Flow8.50M11.50M11.40M19.00M22.10M13.60M-7.90M13.60M15.80M9.80M30.54M10.67M29.45M54.49M91.62M44.65M65.56M80.47M125.47M176.58M257.29M272.47M148.56M149.73M187.53M116.80M180.03M188.41M192.57M147.28M68.09M152.32M-20.45M165.90M246.88M287.57M392.73M
Dividends Paid-----------------3.54M7.84M10.02M12.84M15.53M18.37M31.53M21.90M23.23M22.98M11.41M017.41M3.78M1.72M9.41M3.23M---
FCF to OCF78.70%84.56%74.51%78.84%77.82%48.23%-27.82%32.08%33.19%17.95%42.81%12.52%25.54%55.46%68.16%50.99%72.18%67.60%66.64%70.46%66.26%66.75%53.51%57.26%70.27%56.83%77.77%81.59%80.51%71.90%63.22%79.25%-192.93%86.44%83.47%85.11%83.48%
Dividend Paid to FCF-----------------4.41%6.25%5.67%4.99%5.70%12.36%21.06%11.68%19.89%12.76%6.06%0.00%11.82%5.55%1.13%-46.03%1.95%---

Earnings

Report DateApr 23, 1996Aug 6, 1996Oct 22, 1996Jan 17, 1997Apr 22, 1997Aug 5, 1997Oct 21, 1997Jan 20, 1998Apr 21, 1998Aug 5, 1998Oct 20, 1998Jan 20, 1999Apr 20, 1999Aug 3, 1999Oct 19, 1999Jan 20, 2000Apr 18, 2000Aug 15, 2000Oct 17, 2000Jan 18, 2001Apr 17, 2001Aug 16, 2001Oct 16, 2001Jan 22, 2002Apr 18, 2002Aug 15, 2002Oct 17, 2002Jan 21, 2003Apr 22, 2003Aug 19, 2003Oct 21, 2003Jan 21, 2004Apr 20, 2004Aug 18, 2004Oct 20, 2004Jan 27, 2005Apr 21, 2005Aug 18, 2005Oct 20, 2005Jan 26, 2006Apr 25, 2006Aug 17, 2006Oct 24, 2006Jan 25, 2007Apr 26, 2007Aug 13, 2007Oct 25, 2007Jan 24, 2008Apr 24, 2008Aug 14, 2008Oct 23, 2008Jan 27, 2009Apr 23, 2009Aug 13, 2009Oct 27, 2009Jan 26, 2010Apr 22, 2010Aug 12, 2010Oct 26, 2010Jan 25, 2011Apr 26, 2011Aug 11, 2011Oct 25, 2011Jan 26, 2012Apr 24, 2012Aug 9, 2012Oct 25, 2012Feb 6, 2013Apr 23, 2013Aug 8, 2013Oct 24, 2013Feb 4, 2014Apr 24, 2014Aug 7, 2014Oct 23, 2014Feb 5, 2015Apr 23, 2015Aug 18, 2015Oct 22, 2015Feb 4, 2016May 5, 2016Aug 18, 2016Nov 1, 2016Feb 2, 2017May 4, 2017Aug 17, 2017Nov 2, 2017Feb 6, 2018May 3, 2018Aug 16, 2018Nov 1, 2018Feb 7, 2019May 2, 2019Aug 22, 2019Oct 29, 2019Feb 4, 2020May 5, 2020Aug 18, 2020Nov 5, 2020Feb 2, 2021Apr 29, 2021Aug 19, 2021Nov 3, 2021Feb 8, 2022May 5, 2022Aug 11, 2022Nov 3, 2022Feb 2, 2023May 2, 2023Aug 10, 2023Oct 26, 2023Jan 30, 2024May 2, 2024Aug 6, 2024Oct 29, 2024Jan 30, 2025May 8, 2025Aug 7, 2025Oct 30, 2025Jan 28, 2026May 7, 2026Aug 6, 2026Oct 29, 2026
EPS Estimate0.070.070.070.100.090.090.090.120.110.110.110.140.150.140.140.180.180.170.170.220.230.210.210.240.250.220.140.200.210.200.160.220.250.230.160.110.130.150.050.150.240.190.120.220.280.250.220.400.450.380.440.590.670.510.650.831.050.820.961.191.231.030.961.000.980.440.310.560.830.410.240.720.750.680.290.780.670.610.350.670.620.600.410.730.650.700.460.760.710.910.410.740.650.960.460.550.670.640.380.670.690.700.740.960.821.250.750.880.910.970.800.981.161.281.131.371.651.511.582.191.721.901.90
EPS Actual0.080.070.070.100.100.090.090.120.120.110.110.150.150.140.140.180.190.170.170.220.230.200.200.260.260.230.160.210.210.170.150.220.230.220.040.110.170.090.080.160.230.170.130.230.320.260.400.490.530.340.510.590.700.560.751.001.120.991.031.251.321.080.830.921.000.470.490.870.900.540.250.800.870.730.470.750.700.570.380.680.710.650.450.850.700.780.300.760.720.860.450.740.680.970.340.570.810.580.780.770.720.700.620.750.871.310.881.171.131.030.931.231.501.371.291.811.921.661.752.431.982.092.19
Surprise14.29%0.00%0.00%0.00%11.11%0.00%0.00%0.00%9.09%0.00%0.00%7.14%0.00%0.00%0.00%0.00%5.56%0.00%0.00%0.00%0.00%-4.76%-4.76%8.33%4.00%4.55%14.29%5.00%0.00%-15.00%-6.25%0.00%-8.00%-4.35%-75.00%0.00%30.77%-40.00%60.00%6.67%-4.17%-10.53%8.33%4.55%14.29%4.00%81.82%22.50%17.78%-10.53%15.91%0.00%4.48%9.80%15.38%20.48%6.67%20.73%7.29%5.04%7.32%4.85%-13.54%-8.00%2.04%6.82%58.06%55.36%8.43%31.71%4.17%11.11%16.00%7.35%62.07%-3.85%4.48%-6.56%8.57%1.49%14.52%8.33%9.76%16.44%7.69%11.43%-34.78%0.00%1.41%-5.49%9.76%0.00%4.62%1.04%-26.09%3.64%20.90%-9.38%105.26%14.93%4.35%0.00%-16.22%-21.88%6.10%4.80%17.33%32.95%24.18%6.19%16.25%25.51%29.31%7.03%14.16%32.12%16.36%9.93%10.76%10.96%15.12%10.00%15.26%
Timing----Pre-marketPre-marketPre-marketPre-marketPre-market-------------After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.67B
Enterprise Value4.20B
Trailing P/E13.93
Forward P/E12.20
PEG Ratio0.81
Price / Sales1.83
Price / Book2.58
EPS7.92
Book Value42.35
Revenue (TTM)2.00B
Gross Profit (TTM)1.15B
EBITDA456.33M
Profit Margin12.84%
Operating Margin19.20%
Return on Equity19.30%
Return on Assets8.67%
Shares Outstanding33.26M
Shares Float32.36M
Beta0.66
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 159.00
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
105.46%
Insiders
2.74%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.48M16.48%
  • FMR Inc
    3.22M9.68%
  • Vanguard Portfolio Management, LLC
    2.39M7.18%
  • Dimensional Fund Advisors, Inc.
    1.85M5.58%
  • Ariel Investments, LLC
    1.77M5.33%
  • Vanguard Capital Management, LLC
    1.47M4.43%
  • State Street Corp
    1.39M4.18%
  • Capital World Investors
    1.06M3.20%
  • Geode Capital Management, LLC
    894.26K2.69%
  • Wellington Management Company LLP
    802.05K2.41%
  • T. Rowe Price Associates, Inc.
    767.93K2.31%
  • Arrowstreet Capital Limited Partnership
    630.37K1.90%
  • LSV Asset Management
    600.46K1.81%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.05M6.16%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.03M3.10%
  • iShares Russell 2000 ETF
    857.31K2.58%
  • Fidelity Low-Priced Stock
    791.88K2.38%
  • Vanguard Small Cap Index
    727.41K2.19%
  • Strategic Advisers Fidelity US TtlStk
    681.56K2.05%
  • American Funds SMALLCAP World A
    633.03K1.90%

Dividends

20162×
0.18Nov 30, 20160.18Jun 1, 2016
20152×
0.18Dec 2, 20150.18Jun 3, 2015
20142×
0.18Dec 3, 20140.17Jun 4, 2014
20132×
0.17Dec 4, 20130.17Jun 5, 2013
20122×
0.17Nov 28, 20120.15Jun 19, 2012
20112×
0.15Dec 6, 20110.12Jun 16, 2011
20102×
0.12Dec 8, 20100.10Jun 11, 2010
20092×
0.10Dec 9, 20090.08Jun 12, 2009
20082×
0.08Dec 10, 20080.06Jun 17, 2008
20072×
0.06Dec 12, 20070.05Jun 14, 2007
20061×
0.05Dec 18, 2006

Stock Splits

  • Jun 22, 19982:1
  • Dec 19, 19962:1
  • Jun 22, 19952:1