American Public Education, Inc. (APEI)
NASDAQ: APEI · Real-Time Price · USD
45.36
0.00 (0.00%)
Sep 8, 2026, 4:00 PM EDT - Market closed
American Public Education Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 668.01 | 648.86 | 624.56 | 600.55 | 606.33 | 418.8 |
Revenue Growth | 3.64% | 3.89% | 4.00% | -0.95% | 44.78% | 30.15% |
Gross Profit Gross Profit Growth | 373.09 | 351.84 | 328.86 | 307.68 | 317.86 | 246.18 |
Operating Income Operating Income Growth | 68.13 | 53.86 | 39.58 | 18.67 | 12.13 | 39.25 |
Net Income Net Income Growth | 45.67 | 25.31 | 10.06 | -53.29 | -115.04 | 17.75 |
Earnings Per Share EPS Growth | 2.42 | 1.36 | 0.55 | -2.94 | -6.10 | 0.97 |
EPS Growth | 130.57% | 147.27% | - | - | - | -22.40% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Military Military Growth | 329.15 | 319.84 | 317.05 | 303.3 | 285.13 | 283.7 |
Corporate and Other Corporate and Other Growth | 0.66 | 7.81 | 23.96 | 26.22 | 20.87 | -0.18 |
Rasmussen University Segment Rasmussen University Segment Growth | - | 246.23 | 216.26 | 214.09 | 253.26 | 89.48 |
Hondros College of Nursing Segment Hondros College of Nursing Segment Growth | - | 74.98 | 67.29 | 56.94 | 47.08 | 45.8 |
Total Total Growth | 668.01 | 648.86 | 624.56 | 600.55 | 606.33 | 418.8 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 221.6 | 174.1 | 131.93 | 116.66 | 102.52 | 122.63 |
Total Debt Total Debt Growth | 153.47 | 162.96 | 200.62 | 204.73 | 208.97 | 243.71 |
Net Cash (Debt) Net Cash Growth | 68.14 | 11.14 | -68.7 | -88.07 | -106.45 | -121.09 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | 3.62 | 0.60 | -3.79 | -4.86 | -5.64 | -6.63 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 85.6 | 61.97 | 48.87 | 45.51 | 29.22 | 16.27 |
Capital Expenditures CapEx Growth | -15.53 | -15.86 | -21.08 | -13.9 | -16.39 | -11.83 |
Free Cash Flow Free Cash Flow Growth | 70.07 | 46.1 | 27.79 | 31.62 | 12.83 | 4.44 |
Free Cash Flow Growth | 39.54% | 65.89% | -12.11% | 146.52% | 189.07% | -88.88% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 55.85% | 54.22% | 52.65% | 51.23% | 52.42% | 58.78% |
Operating Margin | 10.20% | 8.30% | 6.34% | 3.11% | 2.00% | 9.37% |
Pretax Margin | 8.96% | 6.74% | 4.25% | -9.66% | -24.95% | 6.03% |
Profit Margin | 6.84% | 3.90% | 1.61% | -8.87% | -18.97% | 4.24% |
FCF Margin | 10.49% | 7.11% | 4.45% | 5.27% | 2.11% | 1.06% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 18.71 | 27.02 | 37.99 | - | - | 23.45 |
Forward PE | 18.18 | 22.41 | 19.59 | 14.77 | 162.14 | 13.01 |
P/FCF Ratio | 11.85 | 14.83 | 13.75 | 5.43 | 18.10 | 93.82 |
PS Ratio | 1.24 | 1.05 | 0.61 | 0.29 | 0.38 | 0.99 |