AMERICAN PUBLIC EDUCATION, INC. (APEI)

46.01 -0.20% (-0.09)

Over 1M: -5.2%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

45 50
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 98.2M Q3 '21 — Free Cash Flow: -11.1M Q3 '21 — Net Income: -267K Q4 '21 — Revenue: 154M Q4 '21 — Free Cash Flow: 9.7M Q4 '21 — Net Income: 9.4M Q1 '22 — Revenue: 154.7M Q1 '22 — Free Cash Flow: 22.3M Q1 '22 — Net Income: 5.3M Q2 '22 — Revenue: 149.6M Q2 '22 — Free Cash Flow: 15.8M Q2 '22 — Net Income: -110M Q3 '22 — Revenue: 149.5M Q3 '22 — Free Cash Flow: 3.3M Q3 '22 — Net Income: -3.8M Q4 '22 — Revenue: 152.4M Q4 '22 — Net Income: -6.5M Q1 '23 — Revenue: 149.7M Q1 '23 — Free Cash Flow: 9.6M Q1 '23 — Net Income: -5.7M Q2 '23 — Revenue: 147.2M Q2 '23 — Free Cash Flow: 12.4M Q2 '23 — Net Income: -51.2M Q3 '23 — Revenue: 150.8M Q3 '23 — Free Cash Flow: 17.2M Q3 '23 — Net Income: -3.3M Q4 '23 — Revenue: 152.8M Q4 '23 — Net Income: 11.5M Q1 '24 — Revenue: 154.4M Q1 '24 — Free Cash Flow: 14.5M Q1 '24 — Net Income: 516K Q2 '24 — Revenue: 152.9M Q2 '24 — Free Cash Flow: 7.3M Q2 '24 — Net Income: 371K Q3 '24 — Revenue: 153.1M Q3 '24 — Free Cash Flow: 7.8M Q3 '24 — Net Income: 2.3M Q4 '24 — Revenue: 164.1M Q4 '24 — Free Cash Flow: -1.8M Q4 '24 — Net Income: 13M Q1 '25 — Revenue: 164.6M Q1 '25 — Free Cash Flow: 33.1M Q1 '25 — Net Income: 8.9M Q2 '25 — Revenue: 162.8M Q2 '25 — Free Cash Flow: 11.1M Q2 '25 — Net Income: 4.5M Q3 '25 — Revenue: 163.2M Q3 '25 — Free Cash Flow: 17.5M Q3 '25 — Net Income: 5.6M Q4 '25 — Revenue: 158.3M Q4 '25 — Net Income: 12.6M Q1 '26 — Revenue: 174.7M Q1 '26 — Free Cash Flow: 60.8M Q1 '26 — Net Income: 17.7M Q2 '26 — Revenue: 171.7M Q2 '26 — Free Cash Flow: 7.4M Q2 '26 — Net Income: 9.8M -60M 0 60M 120M 180M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.7
ROIC 27.4%
OE margin 5.7%
Accruals -3.0%
Gross margin 55.9%
ROA 8.5%
ROCE 14.2%
ROE 14.5%
FCF margin 7.0%
OCF / EBIT 0.97×
OCF margin 9.3%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.5
RPO / sales 0.036×
Segment HHI 0.4 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

7.6
ND/EBITDA —
Cash / Debt 2.4×
Debt payback 0.0 yr
Payout 0.0%
Quick ratio 3.2×
Debt / Eq 0.3×
F-score 7.0 pts
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.2
Sales CAGR 4Y +11.6%
Sales/sh Y/Y +0.8%
EPS Y/Y +55.2%
EBIT Y/Y +42.1%
Sales Q/Q +5.5%
Div. growth —
EBIT CAGR —
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.