American Public Education Inc. | Small-cap | Consumer Defensive
$35.69
0.68%
| American Public Stock Comparison:
American Public vs StrideAmerican Public vs Grand CanyonAmerican Public vs CourseraAmerican Public vs Strategic EducationAmerican Public vs Universal TechnicalAmerican Public vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 164.6M
Gross Profit 89.6M 54.46%
Operating Income 14.0M 8.51%
Net Income 8.9M 5.40%
EPS (Diluted) $0.41

Balance Sheet Metrics

Total Assets 578.7M
Total Liabilities 268.6M
Shareholders Equity 310.0M
Debt to Equity 0.87

Cash Flow Metrics

Operating Cash Flow 39.6M
Free Cash Flow 33.1M

Revenue & Profitability Trend

American Public Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i624.6M600.5M606.3M418.8M321.8M
Cost of Goods Sold i295.7M292.9M288.5M172.6M122.2M
Gross Profit i328.9M307.7M317.9M246.2M199.6M
Gross Margin % i52.7%51.2%52.4%58.8%62.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i270.8M261.2M275.0M196.7M161.0M
Other Operating Expenses i-----
Total Operating Expenses i270.8M261.2M275.0M196.7M161.0M
Operating Income i38.8M18.7M10.7M31.7M25.6M
Operating Margin % i6.2%3.1%1.8%7.6%8.0%
Non-Operating Items
Interest Income i----1.1M
Interest Expense i2.1M4.5M17.7M4.3M-
Other Non-Operating Income-5.7M-67.0M-144.2M-1.3M-851.0K
Pre-tax Income i30.9M-52.8M-151.2M26.1M25.8M
Income Tax i10.4M-10.7M-36.3M7.5M7.0M
Effective Tax Rate % i33.7%0.0%0.0%28.8%27.2%
Net Income i16.1M-47.3M-115.0M17.8M18.8M
Net Margin % i2.6%-7.9%-19.0%4.2%5.8%
Key Metrics
EBITDA i58.1M46.5M42.9M49.5M39.4M
EPS (Basic) i$0.57$-2.94$-6.10$0.98$1.27
EPS (Diluted) i$0.55$-2.94$-6.10$0.97$1.25
Basic Shares Outstanding i1762500018112000188590001808500014876000
Diluted Shares Outstanding i1762500018112000188590001808500014876000

Income Statement Trend

American Public Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i131.9M116.7M102.5M122.6M226.5M
Short-term Investments i-----
Accounts Receivable i62.5M51.0M42.4M36.0M17.7M
Inventory i-----
Other Current Assets-----
Total Current Assets i260.6M217.4M186.1M202.6M251.8M
Non-Current Assets
Property, Plant & Equipment i94.9M100.1M109.0M78.1M8.9M
Goodwill i147.4M150.7M279.9M572.1M56.8M
Intangible Assets i28.2M31.5M54.7M85.1M3.7M
Long-term Investments-----
Other Non-Current Assets53.6M61.3M51.9M14.0M11.7M
Total Non-Current Assets i309.5M340.0M429.0M523.0M119.2M
Total Assets i570.1M557.4M615.1M725.6M371.0M
Liabilities
Current Liabilities
Accounts Payable i7.8M8.7M3.8M13.5M3.8M
Short-term Debt i13.6M13.3M14.4M22.5M2.4M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i79.2M74.0M70.8M83.7M55.1M
Non-Current Liabilities
Long-term Debt i187.1M191.4M194.6M221.3M6.5M
Deferred Tax Liabilities i--05.1M2.6M
Other Non-Current Liabilities-----
Total Non-Current Liabilities i187.1M191.4M194.6M226.3M9.0M
Total Liabilities i266.2M265.4M265.3M310.0M64.1M
Equity
Common Stock i177.0K176.0K189.0K187.0K148.0K
Retained Earnings i-41.8M-49.1M13.9M128.9M111.2M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i303.9M292.0M349.7M415.6M306.9M
Key Metrics
Total Debt i200.6M204.7M209.0M243.7M8.8M
Working Capital i181.4M143.4M115.3M119.0M196.8M

Balance Sheet Composition

American Public Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i16.1M-47.3M-115.0M17.8M18.8M
Depreciation & Amortization i19.3M27.8M32.1M17.8M13.0M
Stock-Based Compensation i7.7M7.7M8.0M7.7M7.1M
Working Capital Changes i-11.5M3.3M-8.1M-30.5M1.9M
Operating Cash Flow i37.1M-22.8M-122.2M19.2M40.0M
Investing Activities
Capital Expenditures i0123.0K765.0K672.0K767.0K
Acquisitions i002.0M-325.5M0
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i0123.0K2.7M-324.8M767.0K
Financing Activities
Share Repurchases i-4.2M-10.7M-1.5M-3.0M-15.7M
Dividends Paid i-6.1M-6.0M00-
Debt Issuance i-00175.0M0
Debt Repayment i-3.0M-114.0K-73.9M-2.2M0
Financing Cash Flow i-13.3M-16.9M-35.7M242.3M-15.7M
Free Cash Flow i27.8M31.6M12.8M4.4M39.9M
Net Change in Cash i23.8M-39.5M-155.1M-63.3M25.1M

Cash Flow Trend

American Public Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 32.95
Forward P/E 25.50
Price to Book 2.32
Price to Sales 0.98
PEG Ratio -0.46

Profitability Ratios

Profit Margin 4.44%
Operating Margin 4.34%
Return on Equity 10.20%
Return on Assets 5.95%

Financial Health

Current Ratio 2.83
Debt to Equity 71.87
Beta 1.62

Per Share Data

EPS (TTM) $1.06
Book Value per Share $15.07
Revenue per Share $36.19

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
apei640.5M32.952.3210.20%4.44%71.87
Stride 6.9B26.624.6021.69%11.97%57.95
Grand Canyon 5.9B25.397.5130.77%22.15%13.86
Coursera 2.0B-24.253.31-10.83%-9.37%0.51
Strategic Education 2.0B17.221.186.89%9.27%7.22
Universal Technical 1.5B23.444.8223.11%7.80%85.08

Financial data is updated regularly. All figures are in the company's reporting currency.