Covista Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Covista Inc (CVSA) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Covista Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 2,003M vs 7,007M combined for its competitors (22.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+2.1% annualized vs trailing 12 months), vs accelerating (+3.4%) for its tracked peer group.
- Growth: Covista Inc generated 10.7% revenue growth year over year in Q1 2026, vs 7.9% for its competitors combined.
- Profitability: Its 13.2% net margin compares with 9.7% for the peer group.
- Scale: Covista Inc ranks #3 of 44 companies by market capitalization in the Educational Services industry, holding 10.7% of industry market cap.
- Peer revenue share: Covista Inc accounted for 22.0% of combined revenue among its tracked peer group, up from 21.6% a year earlier.
- Structure: Covista Inc operates in the following segments: Walden University Segment, Chamberlain University Segment, Medical and Veterinary.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CVSA Sales vs. its Competitors, Q1 2026
Covista Inc reported revenue growth of 10.65 % year on year in Q1 2026, above its competitors' combined revenue growth of 7.86 %.
With a net margin of 13.18 %, Covista Inc achieved higher profitability than its competitors (9.74 %).
Covista Inc generated 22.02 % of the combined sales of its peer group, up from 21.59 % a year earlier.
API endpoints for this dataset
Covista Inc vs. its Competitors, Q1 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Covista Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Covista Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Covista inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Covista Inc's competitor groups requires a Commercial License.
For context: the Educational Services industry grew revenue 6.5% year over year, combined, vs 10.7% for Covista Inc. Covista Inc's share of combined industry revenue moved from 3.74% to 3.88%, a gain of 0.15 percentage points.
Covista Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Covista inc | Yes | Yes | Yes | - |
| Competitors combined (8) | ||||
| Similar-Size Competitors (7) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 75.00 % (6 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CVSA Stock Performance relative to its Competitors
CVSA Stock Performance relative to Similar-Size Competitors
CVSA Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | American Public Education Inc | 282.9% | Outperformed |
| 2 | Graham Holdings Co | 282.9% | Outperformed |
| 3 | Laureate Education Inc | 282.9% | Outperformed |
| 4 | Lincoln Educational Services Corporation | 282.9% | Outperformed |
| 5 | Perdoceo Education Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Covista Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Covista Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Covista inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Covista inc |
3,905.37 | 2,003.33 |
 Graham Holdings Co |
5,167.38 | 5,091.91 |
 Laureate Education Inc |
4,593.52 | 1,914.95 |
 Grand Canyon Education inc |
3,205.52 | 1,142.07 |
 Perdoceo Education Corp |
1,684.09 | 854.84 |
 Strategic Education Inc |
1,270.90 | 1,286.35 |
| SUBTOTAL | 22,198.46 | 14,415.82 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Covista inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Covista Inc's Competitors Named by the Company
Competitive relationships identified from Covista Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| AUC | Company report | 85% |
| RUSM | Company report | 85% |
| Walden | Company report | 85% |
| RUSVM | Company report | 85% |
| Chamberlain | Company report | 85% |
| Universal Technical Institute Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Covista Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Covista Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Covista inc | Walden University Segment 42.36 % |
| Graham Holdings Co | Reportable Segment, Aggregation before Other Operating 93.25 % |
| Laureate Education Inc | Mexico 52.87 % |
| Perdoceo Education Corp | CTU 54.12 % |
| Strategic Education Inc | U.S. Higher Education 65.39 % |
| Universal Technical Institute Inc | UTI 64.46 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Covista Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Covista inc | 3,905 | - | - |
| Graham Holdings Co | 5,167 | 255,618 | 17,218 |
| Laureate Education Inc | 4,594 | 56,488 | 11,453 |
| Grand Canyon Education inc | 3,206 | 858,696 | 168,635 |
| Perdoceo Education Corp | 1,684 | 142,473 | 28,363 |
| Strategic Education Inc | 1,271 | 209,708 | 21,928 |
| PEERS TOTAL | 18,293 | 158,272 | 17,379 |
Covista Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Covista inc | Domestic Operations 79.97 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Covista Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 40 companies in Covista Inc's industry classification, broader than the peer set above. Market cap in millions of $.Covista Inc ranks #3 of 40 companies by market capitalization in its industry, holding 10.73 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 811, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Graham Holdings Co | 5,248 | 13.96 % |
| 2 | Laureate Education Inc | 4,659 | 12.39 % |
| 3 | Covista inc | 4,034 | 10.73 % |
| 4 | Stride Inc | 3,544 | 9.43 % |
| 5 | Grand Canyon Education inc | 1,234 | 5.2% |
| 6 | Lixiang Education Holding Co Ltd | 1,234 | 5.2% |
| 7 | Youdao Inc | 1,234 | 5.2% |
| 8 | Tal Education Group | 1,234 | 5.2% |
| 9 | Perdoceo Education Corp | 1,234 | 5.2% |
| 10 | 17 Education and Technology Group Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Covista Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-05.
Covista Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Graham Holdings Co | 5,248 | 22.28 % |
| 2 | Laureate Education Inc | 4,659 | 15.91 % |
| 3 | Covista inc | 4,034 | 28.47 % |
| 4 | Stride Inc | 1,234 | 12.3% |
| 5 | Grand Canyon Education inc | 1,234 | 12.3% |
| 6 | Lixiang Education Holding Co Ltd | 1,234 | 12.3% |
| 7 | Youdao Inc | 1,234 | 12.3% |
| 8 | Tal Education Group | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Covista Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-05. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Covista Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Educational Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (69 companies). See the full Educational Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 57.39 % | 35.85 % (avg) | +21.5 pp |
| Operating Margin | 19.76 % | industry median | +0.0 pp |
| EBITDA Margin | 23.02 % | 0.52 % (avg) | +22.5 pp |
| Capital Intensity (Capex / Revenue) | 4.95 % | 3.94 % (avg) | +1.0 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Covista Inc's Valuation vs Competitive Position
Valuation multiples vs the Educational Services industry average (69 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Educational Services industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 17.5x | 20.8x | -3.3x |
| EV / EBITDA | 10.2x | 13.5x | -3.2x |
| P/B | 3.1x | 2.7x | +0.4x |
| Return on Equity | 18.16 % | industry aggregate | 3.27 % |
| Return on Invested Capital | 10.21 % | -2.07 % (avg) | 12.28 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Covista Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2015 | 2017 | 2018 | 2019 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue Growth | -3.50 % | -10.28 % | -35.39 % | -33.81 % | 3.48 % | 12.89 % | 11.92 % |
| Operating Margin | 1.89 % | - | 19.13 % | 29.98 % | 12.43 % | 18.03 % | 19.27 % |
| Return on Invested Capital | 1.08 % | - | 6.04 % | 6.34 % | 4.86 % | 8.43 % | 9.33 % |
| P/E | 49.9x | 265.6x | 29.3x | 25.6x | 19.6x | 15.7x | 16.9x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Covista Inc's Strategic Group Map
Covista Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Covista Inc's trailing-12-month revenue growth of 9.3% and operating margin of 19.8% compares with an average of 6.2% growth and 17.1% margin across its 8 closest peers by combined growth, margin and ROIC -- Covista Inc sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Covista Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Covista Inc falls in the Dog quadrant: relative market share of 0.77x vs its largest competitor, in an industry growing revenue 1.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Covista Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 811 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 4.95 % vs industry average 3.94 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Covista Inc's dedicated Suppliers and Customers pages, not here.
Covista Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Covista Inc falls in the Low attractiveness / High strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Covista Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+2.1% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
No rule matched.
Opportunities
- Trades at a lower P/E than the industry average (17.5x vs 20.8x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: see Methodology: SWOT Analysis.
Covista Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Covista inc | 0.41 | 0.85 | 0.39 |
| Graham Holdings Co | 0.16 | 1.63 | 0.17 |
| Laureate Education Inc | 0.34 | 0.67 | 0.26 |
| Grand Canyon Education inc | 0.95 | 3.08 | - |
| Perdoceo Education Corp | 0.97 | 4.63 | - |
| Strategic Education Inc | 0.56 | 1.18 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Covista Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Covista inc | Q3 2026 | +10.7 % | +9.0 % |
| Graham Holdings Co | Q3 2026 | +9.1 % | +85.8 % |
| Laureate Education Inc | Q3 2026 | +21.2 % | +194.4 % |
| Grand Canyon Education inc | Q2 2026 | +6.7 % | +10.4 % |
| Perdoceo Education Corp | Q1 2026 | +4.1 % | +23.5 % |
| Strategic Education Inc | Q2 2026 | +4.9 % | +14.9 % |
| PEERS TOTAL | +10.0 % | +47.6 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Covista Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Covista inc | Q3 2026 | +9.8 % | +134.6 % |
| Graham Holdings Co | Q3 2026 | +352.7 % | +172.8 % |
| Laureate Education Inc | Q3 2026 | +11.6 % | +53.6 % |
| Grand Canyon Education inc | Q2 2026 | - | +24.6 % |
| Perdoceo Education Corp | Q1 2026 | - | +0.2 % |
| Strategic Education Inc | Q2 2026 | - | +30.5 % |
Covista Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Covista inc | 9.00% | 10.45% | 18.16% |
| Graham Holdings Co | 4.19% | 4.52% | 7.26% |
| Laureate Education Inc | 16.54% | 20.71% | 34.24% |
| Grand Canyon Education inc | 22.93% | 23.73% | 31.25% |
| Perdoceo Education Corp | 13.27% | 17.21% | 17.21% |
| Strategic Education Inc | 6.48% | 7.40% | 8.19% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Covista Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Covista inc | 15.54 | 1.95 |
| Graham Holdings Co | 15.84 | 1.01 |
| Laureate Education Inc | 12.28 | 2.40 |
| Grand Canyon Education inc | 14.87 | 2.81 |
| Perdoceo Education Corp | 10.21 | 1.97 |
| Strategic Education Inc | 9.81 | 0.99 |
| PEERS AVERAGE | 13.70 | 1.54 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.