CVSA

Covista Inc.

Ticker: CVSAIndustrialsProfessional Services
HQ CHICAGO, ILCIK 730464FY end 06-30Book / share $40.49Shares 36M
Revenue (FY)
$1.95B+9.27%
Op. margin
19.62%+0.52%
Net income
$267.38M+14.91%
Operating cash
$470.42M+39.22%
Free cash flow
$392.73M+36.57%
Return on equity
17.82%+1.07%
Debt / equity
0.46+0.07%
Shares outstanding
35.7M-6.83%

The business

Covista Inc. (NYSE: COVI) operates as America's largest healthcare educator, serving approximately 100,000 students supported by an alumni network of 400,000 across five accredited institutions. The company delivers educational programs through Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine, operating multiple campuses and online platforms.

The company organizes its business into three reportable segments. Chamberlain offers degree and certificate programs in nursing and health professions, including pre-licensure and post-licensure nursing degrees, graduate nursing programs, and health professions credentials. Walden provides over 100 degree and certificate programs at the bachelor's, master's, and doctoral levels, primarily delivered online, with specializations in nursing, education, counseling, business, information technology, psychology, public health, social work, and criminal justice. The Medical and Veterinary segment encompasses the three medical schools and veterinary program, offering Doctor of Medicine degrees and veterinary education with clinical training relationships across the United States, Canada, and international locations.

Covista's strategy, termed "Purpose at Scale," focuses on expanding access to healthcare education and addressing the U.S. healthcare workforce shortage through four core principles: operational excellence, platform extension, employer integration, and technology focus. The company maintains institutional accreditation through the Higher Learning Commission and holds numerous programmatic accreditations from specialized bodies including the Commission on Collegiate Nursing Education, Council on Education for Public Health, and American Veterinary Medical Association.

All five institutions participate in Title IV federal financial aid programs and maintain provisional program participation agreements with the U.S. Department of Education. The company posted $202.6 million in surety-backed letters of credit and $80.0 million in state surety bonds to support regulatory compliance. Chamberlain operates 24 campuses across 16 states with online offerings in 38 states, while Walden operates primarily through distance delivery. The medical and veterinary schools maintain international locations in the Caribbean and United Kingdom with extensive clinical affiliate networks.

Sector
Industrials
Industry
Professional Services
HQ
CHICAGO, IL
FY end
06-30
CIK
730464
SIC
8200
Financial performance · annual
20122026
$-241.79M$394.09M$1.03B$1.67B$2.30B201220132014201520162017201820192020202120222023202420252026

Ownership

Who holds Covista Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

354
funds hold it
0 of 35
superinvestors hold it
$2.29B
fund-held value
55.5%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.23%$255.59M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$127.71M
iShares Russell 2000 ETF
IWM · iShares Trust
0.13%$110.23M
SMALLCAP World Fund Inc
SMCWX
0.11%$100.60M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%$92.46M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of Covista Inc.'s financials

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