Vitru Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Vitru Ltd (VTRU) 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: Vitru Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 393M vs 2,565M combined for tracked competitors (13.3% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+279.1% annualized vs trailing 12 months), vs accelerating (+13.5%) for its tracked peer group.
- Growth: Vitru Ltd generated 48.9% revenue growth year over year in Q4 2023, vs 4.8% for its tracked competitors combined.
- Profitability: Its 5.6% net margin compares with -90.8% for the peer group.
- Peer revenue share: Vitru Ltd accounted for 33.9% of combined revenue among its tracked peer group, up from 26.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.30M compares with $0.43M for the peer group (0.7x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VTRU Sales vs. its Competitors, Q4 2023
Vitru Ltd reported revenue growth of 48.90 % year on year in Q4 2023, above its competitors' combined revenue growth of 4.78 %.
With a net margin of 5.55 %, Vitru Ltd achieved higher profitability than its competitors (-90.82 %).
Vitru Ltd generated 33.86 % of the combined sales of its peer group, up from 26.48 % a year earlier.
Vitru Ltd vs. its Competitors, Q4 2023
Revenue 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 Vitru Ltd 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 Vitru Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Vitru Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Vitru Ltd's competitor groups requires a Commercial License.
For context: the Educational Services industry grew revenue 8.7% year over year, combined, vs 48.9% for Vitru Ltd. Vitru Ltd's share of combined industry revenue moved from 2.02% to 2.77%, a gain of 0.75 percentage points.
Vitru Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Vitru Ltd | Yes | Yes | Yes | No |
| Competitors combined (5) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 100.00 % (8 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.
VTRU Stock Performance relative to its Competitors
VTRU 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 | Nerdy Inc | 282.9% | Outperformed |
| 2 | Udemy Inc | 282.9% | Outperformed |
| 3 | Chegg Inc | 282.9% | Outperformed |
| 4 | Coursera Inc | 282.9% | Outperformed |
| 5 | Skillsoft Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Vitru Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Vitru Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Vitru Ltd | 331.98 | 393.26 |
| Coursera Inc | 1,183.34 | 886.00 |
| Nerdy Inc | 794.94 | 178.83 |
| Udemy Inc | 672.44 | 781.23 |
| Chegg Inc | 78.23 | 266.44 |
| Skillsoft Corp | 48.36 | 452.92 |
| SUBTOTAL | 3,109.29 | 2,958.68 |
Sources: Vitru Ltd's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Vitru Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Vitru Ltd's Competitors Named by the Company
Competitive relationships identified from Vitru Ltd reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Udemy Inc | Company report | 85% |
| Nerdy Inc | Company report | 85% |
| Chegg Inc | Company report | 85% |
| Skillsoft Corp | Company report | 85% |
| Coursera Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Vitru Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from Vitru Ltd reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Vitru Ltd'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 |
|---|---|
| Udemy Inc | Enterprise 69.48 % |
| Skillsoft Corp | Talent Development Solutions Segment 79.33 % |
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).
Vitru Ltd'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 |
|---|---|---|---|
| Vitru Ltd | 332 | 297,472 | 16,490 |
| Coursera Inc | 1,183 | 677,888 | -104,285 |
| Nerdy Inc | 795 | 357,664 | -91,560 |
| Udemy Inc | 672 | 566,109 | -5,099 |
| Chegg Inc | 78 | 447,795 | -89,071 |
| Skillsoft Corp | 48 | 201,567 | -72,750 |
| PEERS TOTAL | 2,777 | 425,514 | -67,272 |
Vitru Ltd'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 |
|---|---|
| Udemy Inc | North America 39.14 % |
| Chegg Inc | United States 81.95 % |
| Skillsoft Corp | EMEA 26.67 % |
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.
Vitru Ltd'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 | 62.47 % | 39.21 % (avg) | +23.3 pp |
| Operating Margin | 20.46 % | industry median | +24.7 pp |
| EBITDA Margin | 4.89 % | 0.81 % (avg) | +4.1 pp |
| Capital Intensity (Capex / Revenue) | 2.61 % | 4.91 % (avg) | -2.3 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.
Vitru Ltd'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 | 4.6x | 23.0x | -18.4x |
| EV / EBITDA | 26.5x | 14.7x | +11.8x |
| P/B | 0.2x | 2.8x | -2.6x |
| Return on Equity | 4.63 % | industry aggregate | -1.37 % |
| Return on Invested Capital | 6.44 % | -1.17 % (avg) | 7.61 % |
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.
Vitru Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue Growth | 15.34 % | 118.32 % | 53.76 % |
| Operating Margin | 12.48 % | 15.26 % | 20.46 % |
| Return on Invested Capital | 3.47 % | 3.25 % | 6.44 % |
| P/E | - | 6.6x | 4.6x |
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.
Vitru Ltd's Strategic Group Map
Every company in Vitru Ltd's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Vitru Ltd is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
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.
Vitru Ltd'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 |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.61 % vs industry average 4.91 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Vitru Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Vitru Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Vitru Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Vitru Ltd 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.
Vitru Ltd'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
- Operating margin 24.7 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+279.1% annualized vs trailing 12 months).
Weaknesses
No rule matched.
Opportunities
- Trades at a lower P/E than the industry average (4.6x vs 23.0x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Vitru Ltd'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 |
|---|---|---|---|
| Vitru Ltd | 0.04 | 1.18 | 0.89 |
| Coursera Inc | 1.77 | 2.13 | - |
| Nerdy Inc | 1.70 | 2.11 | 0.48 |
| Udemy Inc | 0.59 | 1.32 | - |
| Chegg Inc | 0.27 | 0.98 | 0.36 |
| Skillsoft Corp | 0.31 | 0.91 | - |
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.
Vitru Ltd'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 |
|---|---|---|---|
| Vitru Ltd | Q4 2023 | +53.8 % | +20.3 % |
| Coursera Inc | Q2 2026 | +59.9 % | - |
| Nerdy Inc | Q2 2026 | -3.6 % | - |
| Udemy Inc | Q1 2026 | -4.1 % | - |
| Chegg Inc | Q2 2026 | -50.5 % | - |
| Skillsoft Corp | Q2 2026 | -24.4 % | - |
| PEERS TOTAL | +16.8 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Vitru Ltd'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 |
|---|---|---|---|
| Vitru Ltd | Q4 2023 | +37.6 % | +31.3 % |
| Coursera Inc | Q2 2026 | +49.0 % | -25.0 % |
| Nerdy Inc | Q2 2026 | -10.3 % | +32.3 % |
| Udemy Inc | Q1 2026 | -11.4 % | -10.0 % |
| Chegg Inc | Q2 2026 | -32.7 % | -49.4 % |
| Skillsoft Corp | Q2 2026 | -4.9 % | -28.1 % |
Vitru Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Vitru Ltd | 1.80% | 2.80% | 4.63% |
| Coursera Inc | - | - | - |
| Nerdy Inc | - | - | - |
| Udemy Inc | - | - | - |
| Chegg Inc | - | - | - |
| Skillsoft Corp | - | - | - |
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).
Vitru Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Vitru Ltd | 3.05 | 0.84 |
| Coursera Inc | - | 1.34 |
| Nerdy Inc | - | 4.45 |
| Udemy Inc | - | 0.86 |
| Chegg Inc | - | 0.29 |
| Skillsoft Corp | - | 0.11 |
| PEERS AVERAGE | - | 1.05 |
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.