TAL
TAL Education Group
TAL lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
TAL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Healthy |
TAL's revenue, profitability, cash flow and balance sheet are all currently healthy.
TAL PE Valuation
TAL has no meaningful PE right now: it lost money over the past year.
TAL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TAL, with profitability improving.
TAL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.86 | +302% |
| Q1 2026 | $2.82 | +129% |
| Q4 2025 | $1.39 | -20% |
| Q3 2025 | $1.03 | -1% |
| Q2 2025 | $1.21 | +59% |
| Q1 2025 | $1.23 | +$1.28 |
| Q4 2024 | $1.73 | +$2.65 |
| Q3 2024 | $1.04 | +$2.33 |
TAL's earnings per share have jumped to their highest in seven years: $4.86 over the past year, up from $1.21 the year before. Its recent earnings include one-off gains.
TAL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $758.4M | +32% |
| Q1 2026 | $808M | +32% |
| Q4 2025 | $770.2M | +27% |
| Q3 2025 | $861.4M | +39% |
| Q2 2025 | $575M | +39% |
| Q1 2025 | $610.2M | +42% |
| Q4 2024 | $606.4M | +62% |
| Q3 2024 | $619.4M | +50% |
TAL's revenue has grown year over year for 13 quarters in a row: $758M last quarter, up 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 18% | +16 points |
| Q1 2026 | 9% | +12 points |
| Q4 2025 | 12% | +15 points |
| Q3 2025 | 11% | +3.5 points |
| Q2 2025 | 2.5% | +6.7 points |
| Q1 2025 | -2.6% | +1.1 points |
| Q4 2024 | -2.9% | +5.8 points |
| Q3 2024 | 7.7% | +0.6 points |
TAL's operating margin was 18% last quarter, up 16 points from the same quarter a year ago, near the top of its range since 2019.
TAL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $478.2M | +38% |
| Q1 2026 | -$308.5M | +$29.5M |
| Q4 2025 | $526.7M | +39% |
| Q3 2025 | -$58.1M | -$57.5M |
| Q2 2025 | $347.8M | +41% |
| Q1 2025 | -$338.1M | -$201.6M |
| Q4 2024 | $378M | +53% |
| Q3 2024 | -$576K | +$42.1M |
TAL still generates free cash flow, though less than at its 2019 peak: $638M over the past year.
TAL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -317K shares |
| 1 year | -9.1% | -18.6M shares |
| 3 years | +167% | +117M shares |
| 5 years | +163% | +115M shares |
| Available history | +185% | +121M shares |
TAL has 186M diluted shares, down 9.1% from a year ago, with $646M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $646.5M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $13.1M |
| Q4 2024 | — |
| Q3 2024 | — |
TAL spent $646M buying back its own shares over the past year, more than ten times what it spent the year before.
TAL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.6x | Net Cash |
| Q1 2026 | -1.7x | Net Cash |
| Q4 2025 | -4.8x | Net Cash |
| Q3 2025 | -4.8x | Net Cash |
| Q2 2025 | -5.9x | Net Cash |
| Q1 2025 | -11.7x | Net Cash |
| Q4 2024 | -10.3x | Net Cash |
| Q3 2024 | -11.5x | Net Cash |
TAL has more cash than debt.
TAL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.6 | Neutral |
| Stochastic | 7.8 | Oversold |
TAL's weekly RSI is 42 (neutral) and its Stochastic is 8 (oversold).
TAL PE vs Consumer Defensive Sector
| Metric | TAL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
TAL has no meaningful PE right now: it lost money over the past year.
TAL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.1 | 11% below |
| 20 week MA | $11.3 | 12% below |
| 50 week MA | $11.1 | 10% below |
| 100 week MA | $11.1 | 10% below |
| 200 week MA | $10.2 | 2.5% below |
TAL is in a downtrend: it's below all five of its weekly moving averages, and 2.5% below its 200-week average.
TAL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $48.4 | $69.7 | +44% |
| 2021 | $69.7 | $4.08 | -94% |
| 2022 | $4.08 | $8.87 | +117% |
| 2023 | $8.87 | $12.6 | +42% |
| 2024 | $12.6 | $9.77 | -23% |
| 2025 | $9.77 | $11.0 | +13% |
| 2026 YTD | $11.0 | $9.95 | -9.5% |
TAL's yearly returns have swung widely, from +117% in 2022 to −94% in 2021. It's down 9.5% so far in 2026.