Moody’s Affirms Seton Hall University’s Baa1 Credit Rating, Outlook Stable
Tuesday, February 11, 2025
Seton Hall University has once again demonstrated its financial resilience and strategic
strength, as Moody’s Ratings affirmed the university’s Baa1 issuer and revenue bond
ratings, maintaining a stable outlook. This affirmation underscores Seton Hall’s prudent
financial management, consistent operating cash flow and strong liquidity position
in the face of ongoing challenges in the higher education sector.
Moody’s cited several key factors contributing to the affirmation, including Seton Hall’s solid wealth and liquidity, its strong brand as a premier Catholic university and its consistently positive operating performance. The university has successfully maintained an average EBIDA margin of 13 percent from fiscal years 2020 through 2024, reflecting disciplined financial oversight and revenue growth through strategic investments in academic programs and facilities.
“Given the overall higher education economic environment, we are pleased with their rating,” said interim vice president for finance and chief financial officer Edward J. Bishof Sr. ’80/M.B.A. ’88. “This affirmation reflects the university’s ongoing commitment to financial sustainability, strategic growth and maintaining the high-quality educational experience that Seton Hall is known for.”
Despite sector-wide demographic shifts and increasing reliance on tuition revenue, Seton Hall remains well-positioned due to its strategic planning and investment in academic excellence. Seton Hall’s stable outlook reflects Moody’s confidence in the university’s ability to sustain steady enrollment, maintain its firm financial footing and continue enhancing its academic offerings. The rating agency also highlighted that enhanced liquidity, increased donor support and continued financial discipline could contribute to future upgrades.
Moody’s affirmation reflects Seton Hall University’s financial stability and strategic planning amid the changing dynamics of the higher education sector. The university’s ability to maintain its credit rating underscores its fiscal management and long-term sustainability.
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