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Side-by-side financial comparison of HANCOCK WHITNEY CORP (HWC) and Strategic Education, Inc. (STRA). Click either name above to swap in a different company.

Strategic Education, Inc. is the larger business by last-quarter revenue ($305.9M vs $295.0M, roughly 1.0× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs 10.7%, a 5.3% gap on every dollar of revenue. On growth, Strategic Education, Inc. posted the faster year-over-year revenue change (0.8% vs -19.7%). Over the past eight quarters, Strategic Education, Inc.'s revenue compounded faster (-1.0% CAGR vs -9.4%).

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.

HWC vs STRA — Head-to-Head

Bigger by revenue
STRA
STRA
1.0× larger
STRA
$305.9M
$295.0M
HWC
Growing faster (revenue YoY)
STRA
STRA
+20.5% gap
STRA
0.8%
-19.7%
HWC
Higher net margin
HWC
HWC
5.3% more per $
HWC
16.1%
10.7%
STRA
Faster 2-yr revenue CAGR
STRA
STRA
Annualised
STRA
-1.0%
-9.4%
HWC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HWC
HWC
STRA
STRA
Revenue
$295.0M
$305.9M
Net Profit
$47.4M
$32.8M
Gross Margin
Operating Margin
13.4%
Net Margin
16.1%
10.7%
Revenue YoY
-19.7%
0.8%
Net Profit YoY
-60.3%
10.3%
EPS (diluted)
$0.57
$1.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HWC
HWC
STRA
STRA
Q1 26
$295.0M
$305.9M
Q4 25
$389.3M
$323.2M
Q3 25
$385.7M
$319.9M
Q2 25
$375.5M
$321.5M
Q1 25
$364.7M
$303.6M
Q4 24
$364.8M
$311.5M
Q3 24
$367.7M
$306.0M
Q2 24
$359.6M
$312.3M
Net Profit
HWC
HWC
STRA
STRA
Q1 26
$47.4M
$32.8M
Q4 25
$37.9M
Q3 25
$127.5M
$26.6M
Q2 25
$32.3M
Q1 25
$29.7M
Q4 24
$25.3M
Q3 24
$115.6M
$27.7M
Q2 24
$29.9M
Operating Margin
HWC
HWC
STRA
STRA
Q1 26
13.4%
Q4 25
40.7%
16.0%
Q3 25
41.6%
11.6%
Q2 25
38.5%
14.2%
Q1 25
40.9%
13.1%
Q4 24
41.3%
11.6%
Q3 24
39.5%
11.9%
Q2 24
40.3%
13.4%
Net Margin
HWC
HWC
STRA
STRA
Q1 26
16.1%
10.7%
Q4 25
11.7%
Q3 25
33.0%
8.3%
Q2 25
10.1%
Q1 25
9.8%
Q4 24
8.1%
Q3 24
31.4%
9.1%
Q2 24
9.6%
EPS (diluted)
HWC
HWC
STRA
STRA
Q1 26
$0.57
$1.48
Q4 25
$1.48
$1.65
Q3 25
$1.49
$1.15
Q2 25
$1.32
$1.37
Q1 25
$1.38
$1.24
Q4 24
$1.40
$1.05
Q3 24
$1.33
$1.15
Q2 24
$1.31
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HWC
HWC
STRA
STRA
Cash + ST InvestmentsLiquidity on hand
$223.7M
$150.3M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$1.6B
Total Assets
$35.5B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWC
HWC
STRA
STRA
Q1 26
$223.7M
$150.3M
Q4 25
$148.1M
Q3 25
$172.6M
Q2 25
$164.9M
Q1 25
$182.6M
Q4 24
$184.0M
Q3 24
$222.1M
Q2 24
$256.2M
Total Debt
HWC
HWC
STRA
STRA
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$236.4M
Stockholders' Equity
HWC
HWC
STRA
STRA
Q1 26
$1.6B
Q4 25
$4.5B
$1.6B
Q3 25
$4.5B
$1.7B
Q2 25
$4.4B
$1.7B
Q1 25
$4.3B
$1.6B
Q4 24
$4.1B
$1.7B
Q3 24
$4.2B
$1.7B
Q2 24
$3.9B
$1.7B
Total Assets
HWC
HWC
STRA
STRA
Q1 26
$35.5B
$2.1B
Q4 25
$35.5B
$2.0B
Q3 25
$35.8B
$2.1B
Q2 25
$35.2B
$2.1B
Q1 25
$34.8B
$2.1B
Q4 24
$35.1B
$2.0B
Q3 24
$35.2B
$2.2B
Q2 24
$35.4B
$2.2B
Debt / Equity
HWC
HWC
STRA
STRA
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HWC
HWC
STRA
STRA
Operating Cash FlowLast quarter
$87.4M
Free Cash FlowOCF − Capex
$77.3M
FCF MarginFCF / Revenue
25.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.66×
TTM Free Cash FlowTrailing 4 quarters
$173.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWC
HWC
STRA
STRA
Q1 26
$87.4M
Q4 25
$541.8M
$39.2M
Q3 25
$158.8M
$60.1M
Q2 25
$125.8M
$31.2M
Q1 25
$104.2M
$67.7M
Q4 24
$625.7M
$15.9M
Q3 24
$162.5M
$51.5M
Q2 24
$105.0M
$24.3M
Free Cash Flow
HWC
HWC
STRA
STRA
Q1 26
$77.3M
Q4 25
$523.1M
$27.0M
Q3 25
$155.0M
$49.3M
Q2 25
$122.0M
$20.4M
Q1 25
$100.2M
$57.3M
Q4 24
$615.5M
$4.7M
Q3 24
$158.6M
$42.1M
Q2 24
$103.7M
$13.6M
FCF Margin
HWC
HWC
STRA
STRA
Q1 26
25.3%
Q4 25
134.4%
8.3%
Q3 25
40.2%
15.4%
Q2 25
32.5%
6.3%
Q1 25
27.5%
18.9%
Q4 24
168.7%
1.5%
Q3 24
43.1%
13.8%
Q2 24
28.8%
4.3%
Capex Intensity
HWC
HWC
STRA
STRA
Q1 26
Q4 25
4.8%
3.8%
Q3 25
1.0%
3.4%
Q2 25
1.0%
3.4%
Q1 25
1.1%
3.4%
Q4 24
2.8%
3.6%
Q3 24
1.1%
3.1%
Q2 24
0.4%
3.4%
Cash Conversion
HWC
HWC
STRA
STRA
Q1 26
2.66×
Q4 25
1.03×
Q3 25
1.25×
2.26×
Q2 25
0.97×
Q1 25
2.27×
Q4 24
0.63×
Q3 24
1.41×
1.86×
Q2 24
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HWC
HWC

Segment breakdown not available.

STRA
STRA

U.S. Higher Education$212.6M69%
Australia/New Zealand$51.8M17%
Education Technology Services$41.5M14%

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