| USD | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 648.86M | 624.56M | 600.54M | 606.33M | 418.80M |
| YoY Growth | +3.9% | +4.0% | -1.0% | +44.8% | — |
| Gross Profit | 335.69M | 328.86M | 307.68M | 317.86M | 246.18M |
| Gross Margin | 51.7% | 52.7% | 51.2% | 52.4% | 58.8% |
| R&D | — | — | — | — | — |
| SG&A | 281.83M | 270.77M | 261.19M | 275.00M | 196.70M |
| EBIT | 53.86M | 33.07M | (48.31M) | (133.52M) | 30.37M |
| EBIT Margin | 8.3% | 5.3% | -8.0% | -22.0% | 7.3% |
| D&A | 16.15M | 19.30M | 27.82M | 32.13M | 17.83M |
| EBITDA | 70.01M | 52.37M | (20.49M) | (101.39M) | 48.20M |
| EBITDA Margin | 10.8% | 8.4% | -3.4% | -16.7% | 11.5% |
| Net Income | 31.56M | 16.11M | (47.29M) | (114.99M) | 17.75M |
| Net Margin | 4.9% | 2.6% | -7.9% | -19.0% | 4.2% |
| EPS (diluted) | $1.36 | $0.55 | $-2.94 | $-6.08 | $0.97 |
| Shares (dil., M) | 19 | 18 | 18 | 19 | 18 |
Company Brief
American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security. The company also provides nursing-and health sciences-focused postsecondary education, diploma in practical nursing, an associate degree in nursing, and an associate degree in medical laboratory technology. American Public Education, Inc. was incorporated in 1991 and is headquartered in Charles Town, West Virginia.
| Gross Margin | 53.6% |
| EBITDA Margin | 9.9% |
| EBIT Margin | 7.4% |
| Net Margin | 4.9% |
| FCF Margin | 7.1% |
| ROE | 10.9% |
| ROIC | 7.2% |
| ROA | 5.8% |
| ROCE | 10.3% |
| Asset Turnover | 1.19× |
| ROIC | 7.2% |
| ROE | 10.9% |
| ROA | 5.8% |
| ROCE | 10.3% |
| Asset Turnover | 1.19× |
| FCF Margin | 7.1% |
| Net Margin | 4.9% |
| Insider buys (12m) | — |
| Insider sells (12m) | 15 / 377K sh |
| Float | 92.8% |
| Shares Out. | 18.4M |
| Mean Target | $51.17 |
| Median Target | $52.00 |
| High Target | $58 |
| Low Target | $43 |
| vs. Mean | -10.5% |
| Buy / Hold / Sell | — |
| Cash & ST Invest. | $176.5M |
| Total Debt | $163.0M |
| Net Cash / (Debt) | $13.5M |
| Total Assets | $543.4M |
| Total Equity | $294.8M |
| Goodwill & Intang. | $87.8M |
| Tangible Book/sh | $11.49 |
| Current Ratio | 3.46× |
| Quick Ratio | 3.46× |
| D/E Ratio | 0.55× |
| Debt / Assets | 30.0% |
| Net Debt / EBITDA | -0.21× |
| Interest Coverage | 11.35× |
| Beta (5yr) | 1.66 |
| Revenue 1yr | +3.9% |
| Revenue 3yr | +2.3% |
| Revenue 5yr | +11.6% |
| EPS 1yr | +147.3% |
| EPS 3yr | +18.4% |
| EPS 5yr | +18.4% |
| FCF 5yr | +79.5% |
| Dividend 5yr | — |
No dividend paid.
| Capex | $15.9M |
| Capex / Revenue | 2.4% |
| SBC | $8.4M |
| Dividends Paid | $0 |
| Buybacks | $47.5M |
| Gross Margin | 53.6% |
| EBITDA Margin | 9.9% |
| EBIT Margin | 7.4% |
| Net Margin | 4.9% |
| FCF Margin | 7.1% |
| ROE | 10.9% |
| ROIC | 7.2% |
| ROA | 5.8% |
| ROCE | 10.3% |
| Asset Turnover | 1.19× |
| ROIC | 7.2% |
| ROE | 10.9% |
| ROA | 5.8% |
| ROCE | 10.3% |
| Asset Turnover | 1.19× |
| FCF Margin | 7.1% |
| Net Margin | 4.9% |
| Insider buys (12m) | — |
| Insider sells (12m) | 15 / 377K sh |
| Float | 92.8% |
| Shares Out. | 18.4M |
| Mean Target | $51.17 |
| Median Target | $52.00 |
| High Target | $58 |
| Low Target | $43 |
| vs. Mean | -10.5% |
| Buy / Hold / Sell | — |
| USD | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 648.86M | 624.56M | 600.54M | 606.33M | 418.80M |
| YoY Growth | +3.9% | +4.0% | -1.0% | +44.8% | — |
| Gross Profit | 335.69M | 328.86M | 307.68M | 317.86M | 246.18M |
| Gross Margin | 51.7% | 52.7% | 51.2% | 52.4% | 58.8% |
| R&D | — | — | — | — | — |
| SG&A | 281.83M | 270.77M | 261.19M | 275.00M | 196.70M |
| EBIT | 53.86M | 33.07M | (48.31M) | (133.52M) | 30.37M |
| EBIT Margin | 8.3% | 5.3% | -8.0% | -22.0% | 7.3% |
| D&A | 16.15M | 19.30M | 27.82M | 32.13M | 17.83M |
| EBITDA | 70.01M | 52.37M | (20.49M) | (101.39M) | 48.20M |
| EBITDA Margin | 10.8% | 8.4% | -3.4% | -16.7% | 11.5% |
| Net Income | 31.56M | 16.11M | (47.29M) | (114.99M) | 17.75M |
| Net Margin | 4.9% | 2.6% | -7.9% | -19.0% | 4.2% |
| EPS (diluted) | $1.36 | $0.55 | $-2.94 | $-6.08 | $0.97 |
| Shares (dil., M) | 19 | 18 | 18 | 19 | 18 |
Company Brief
American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security. The company also provides nursing-and health sciences-focused postsecondary education, diploma in practical nursing, an associate degree in nursing, and an associate degree in medical laboratory technology. American Public Education, Inc. was incorporated in 1991 and is headquartered in Charles Town, West Virginia.
| Cash & ST Invest. | $176.5M |
| Total Debt | $163.0M |
| Net Cash / (Debt) | $13.5M |
| Total Assets | $543.4M |
| Total Equity | $294.8M |
| Goodwill & Intang. | $87.8M |
| Tangible Book/sh | $11.49 |
| Current Ratio | 3.46× |
| Quick Ratio | 3.46× |
| D/E Ratio | 0.55× |
| Debt / Assets | 30.0% |
| Net Debt / EBITDA | -0.21× |
| Interest Coverage | 11.35× |
| Beta (5yr) | 1.66 |
| Revenue 1yr | +3.9% |
| Revenue 3yr | +2.3% |
| Revenue 5yr | +11.6% |
| EPS 1yr | +147.3% |
| EPS 3yr | +18.4% |
| EPS 5yr | +18.4% |
| FCF 5yr | +79.5% |
| Dividend 5yr | — |
No dividend paid.
| Capex | $15.9M |
| Capex / Revenue | 2.4% |
| SBC | $8.4M |
| Dividends Paid | $0 |
| Buybacks | $47.5M |