American Public Education, Inc. APEI

41.67 (1.04) (2.44%) as of 25 Sep
Market cap
$781.7M
P/E
16.6×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 12.29
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 2 — — — 6 — 1 2 — 2 —
Insider Ownership 5.67%

Capital & Financial Ratios

Market Cap 781.66
Revenue 668.01
Net Income 45.67
Free Cash Flow 70.08
Net Debt (135.54)
Current Ratio 3.25
Debt/Equity 0.28
P/E ratio 16.58
P/S ratio 1.14
P/B ratio 2.43
Past 5Y EPS Growth (2.10%)
This Y EPS Growth 92.92%
Next Y EPS Growth 16.72%
Next 5Y EPS Growth 39.14%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 144 159 176 223
Receivables 51 63 69 40
Inventory — — — —
Other 9 24 — —
217 261 260 283
2023 2024 2025 Q'26
Payables 9 8 5 5
ST’ Debt — — — 6
Other — — — —
74 79 75 87
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 7.06% 15.06% 2.29%
Cash Flow 0.84% 6.70% 28.48%
Earnings (2.45%) 6.10% 0.00%
Book Value 2.20% (0.80%) (5.54%)

Revenue

Mar Jun Sep Dec Year
’26 175 172 — — —
’25 165 163 163 158 649
’24 154 153 153 164 625
’23 150 147 151 153 601
’22 155 150 150 152 606
’21 89 78 98 154 419
’20 75 82 79 86 322
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 63 12 — — —
’25 37 15 22 (12) 62
’24 21 12 14 2 49
’23 13 16 20 (3) 46
’22 25 20 7 (23) 29
’21 11 (2) (8) 16 16
’20 12 20 13 0 45
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 61 7 — — —
’25 34 34 18 (16) 69
’24 15 7 8 (2) 28
’23 10 12 17 (8) 32
’22 23 16 3 (29) 14
’21 10 (4) (11) 10 5
’20 10 19 12 0 41
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.94 0.52 — — —
’25 0.41 (0.02) 0.30 0.67 1.36
’24 (0.06) (0.06) 0.04 0.63 0.55
’23 (0.38) (2.93) (0.27) 0.64 (2.93)
’22 0.28 (5.82) (0.20) (0.35) (6.08)
’21 0.49 0.03 (0.01) 0.50 0.97
’20 0.16 0.45 0.18 0.47 1.25
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
13.80 17.40 23.15 21.51 18.47 18.11 7.83 3.76 9.65 18.77

Analyst estimates 2026–2028

Powerpack
Low Price
30.79 27.40 46.15 34.97 41.09 39.19 24.73 13.74 23.84 39.83
High Price
2,040 1,920 1,790 1,780 2,940 5,800 6,244 6,037 6,117 5,841
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
313 299 298 286 322 419 606 601 625 649
Revenue
62.63% 61.18% 61.27% 60.91% 62.04% 58.78% 52.42% 51.23% 52.65% 54.22%
Gross Margin
38 35 35 17 26 26 (151) (53) 31 44
EBT
12.26% 11.71% 11.91% 5.82% 8.03% 6.23% (24.94%) (8.79%) 4.95% 6.74%
EBT Margin
24 21 26 10 19 18 (115) (47) 16 32
Net Income
24 19 18 23 13 19 186 93 21 17
Depreciation
19.49 18.43 18.15 17.79 21.63 23.16 32.15 33.16 35.44 36.03
Revenue/Sh
1.50 1.30 1.56 0.62 1.27 0.98 (6.10) (2.94) 0.57 1.40
Earnings/Sh
3.49 2.95 2.69 2.38 3.01 0.90 1.55 2.51 2.77 3.44
Cash Flow/Sh
(0.97) (0.82) (0.57) (0.45) (0.28) (0.62) (0.83) (0.76) (1.20) 0.39
Capex/Sh
2.52 2.13 2.12 1.93 2.73 0.28 0.72 1.75 1.58 3.83
Free CF/Sh
16.47 17.83 19.58 18.44 20.63 22.98 18.54 16.12 17.24 16.37
Book Value/Sh
16 16 16 16 15 18 19 18 18 18
Shares
16.53 19.69 18.36 43.48 24.00 21.91 0.00 0.00 38.52 26.81
PE Ratio
1.27 1.40 1.57 1.54 1.41 0.96 0.40 0.30 0.61 1.05
PS Ratio
1.51 1.45 1.45 1.49 1.48 0.97 0.78 0.72 1.44 2.31
PB Ratio
0.81 0.80 0.86 0.87 0.73 0.99 0.36 0.24 0.53 0.95
EV/Sales
6.23 6.92 7.33 8.03 5.77 80.89 16.23 4.57 11.83 8.88
EV/FCF
56 48 44 38 45 16 29 46 49 62
Op' Cash Flow
(16) (13) (9) (7) (4) (11) (16) (14) (21) 7
Capex
40 35 35 31 41 5 14 32 28 69
FCF
116 148 188 178 197 119 115 143 181 185
Working Cap'
— — — 12 9 161 108 95 93 95
Total Debt
(146) (179) (212) (191) (219) 11 (22) (50) (66) (82)
Net Debt
265 289 321 297 307 416 350 292 304 295
Sh' Equity
7.85% 6.45% 7.22% 2.76% 5.19% 3.24% (17.16%) (9.09%) 1.78% 4.64%
ROA
20.22% 19.77% 18.63% 7.54% 17.57% 4.45% (25.74%) (12.46%) 8.67% 14.07%
ROIC
9.63% 7.62% 8.40% 3.24% 6.24% 4.91% (31.71%) (18.96%) 3.89% 9.05%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

American Public Education, Inc. (APEI) key facts

  • American Public Education, Inc. (APEI) is an Education & Training Services company in the Consumer Defensive sector, listed on Nasdaq.
  • American Public Education, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $648.9 million, up 3.89% from fiscal 2024.
  • As of September 25, 2026, APEI traded at $41.67, a market capitalization of $781.7 million.
  • Return on equity was 9.05% and debt-to-equity 0.28.

Source: company filings (standardised) and stockrow calculations.

American Public Education, Inc. (APEI) Latest News

News by impact score

Fine-tune

1 Sep

3

Hondros College of Nursing under American Public University System gains Higher Learning Commission accreditation that enables expanded educational opportunities for American Public Education, Inc. Accreditation expands Hondros College of Nursing opportunities and may improve enrollment and revenue for APEI without transforming overall trajectory.

20 Aug

4

American Public Education (APEI) confirms its multi-year overhaul has paid off with positive results. APEI overhaul success signals major strategic gains likely to lift future performance and market standing.

17 Aug

3 transcript

American Public Education, Inc. held its Q2 2026 earnings call to review financial results and outlook. Quarterly earnings calls typically provide financial updates that influence near-term stock sentiment without guaranteeing major strategic shifts.

11 Aug

4

American Public Education, Inc. is developing an AI-powered student lifecycle platform with Salesforce. AI platform initiative with Salesforce represents major strategic technology move likely to shift APEI competitive positioning.

4

American Public Education Inc (APEI) reported strong revenue growth during its Q2 2026 earnings call. Strong revenue growth reported in earnings call signals major positive shift in financial trajectory and investor outlook.

3 transcript

American Public Education, Inc. issued its Q2 2026 earnings call summary covering financial results, operational metrics, and management commentary on performance and outlook. Quarterly earnings releases and call commentary typically move near-term sentiment and valuation without guaranteeing structural shifts.

10 Aug

4

American Public Education, Inc. reported its second quarter 2026 financial results. Quarterly earnings releases directly move stock prices and reshape earnings expectations.

3 transcript

American Public Education reported Q2 financial results in its earnings call, covering revenue, enrollment trends, operating expenses and forward outlook for its institutions. Quarterly earnings update supplies fresh financial data and guidance that can move near-term sentiment and valuation but rarely shifts long-term trajectory.

3

American Public Education (APEI) reported Q2 earnings and revenues that exceeded analyst estimates. Q2 earnings and revenue beats signal stronger than expected financial results that can moderately affect stock performance and investor views.

7 Aug

3

Covista Q4 earnings and revenues exceeded estimates with year-over-year enrollment growth. Earnings beat and enrollment gains point to improved financial results and operational momentum for the company.

6 Aug

4

American Public University System completed its planned combination to form a unified institution under American Public Education, Inc. Completion of the institutional unification constitutes a major strategic consolidation with potential to reshape operations and market positioning.

5 Aug

4

APEI beat Q2 earnings and revenue estimates and issued a strong Q3 outlook. Earnings beat combined with upbeat Q3 guidance signals stronger financial results and growth that can materially lift stock performance.

27 Jul

3

American Public University System ranks in top 10 percentile nationally for lowest tuition and net price versus four-year private colleges, highlighting its role in affordable higher education. Affordability ranking can modestly support enrollment gains and competitive standing without major strategic shifts.

4 Jun

4

APEI unveils 2029 growth plan driven by military and nursing programs. Long-term strategic plan targeting military and nursing segments signals major expansion potential for APEI.

1 Jun

3

American Public Education (APEI) is positioned as a top growth stock for long-term investors due to favorable market positioning and expansion potential in the education sector. Positive labeling of APEI as a top long-term growth stock can moderately lift investor sentiment and near-term trading interest.

27 May

3

American Public Education, Inc. overcomes Middle East operational challenges and delivers stronger results than expected. Overcoming regional headwinds supports steadier revenue and modestly lifts investor sentiment without altering core trajectory.

18 May

3

American Public Education Inc posted robust earnings viewed as conservative by analysts, pointing to stronger underlying performance and potential undervaluation of NASDAQ:APEI shares. Conservative earnings assessment signals moderate positive effects on financial perception and near-term stock trajectory.

14 May

4

American Public Education, Inc. (APEI) exceeded expectations with its latest results, prompting analysts to update consensus estimates upward. Exceeding earnings expectations and upward analyst revisions signal significant positive shifts in financial performance and investor sentiment for APEI.

4

American Public Education, Inc. (APEI) beat analyst earnings forecasts, prompting analysts to update their models. Beating earnings forecasts signals strong financial health, likely driving positive analyst revisions and enhanced investor sentiment.

12 May

4

American Public Education (APEI) stock plunged 8.8% after the company raised its 2026 revenue and earnings outlook, prompting questions on what changed. Upward revision to 2026 revenue and earnings outlook represents a major strategic signal that could significantly boost long-term trajectory despite immediate stock sell-off.

4

American Public Education, Inc. (APEI) Q1 earnings and revenues beat estimates, with 2026 guidance raised. Earnings beat and raised 2026 guidance indicate strong financial momentum and positive trajectory shift for APEI.

4

American Public Education Inc. (APEI) reported strong revenue growth in Q1 2026 earnings call highlights, alongside key operational updates. Strong revenue growth in Q1 2026 earnings significantly boosts APEI's financial outlook and investor sentiment.

11 May

4 transcript

American Public Education, Inc. (APEI) released Q1 2026 earnings call transcript detailing quarterly financial results, operational performance, strategic initiatives, and forward-looking guidance. Q1 earnings call transcript discloses financial outcomes and strategic updates that significantly shape investor sentiment and company trajectory.

4

American Public Education, Inc. (APEI) beat Q1 earnings and revenue estimates. Beating Q1 earnings and revenue estimates signals strong financial health, likely boosting investor sentiment and stock performance.

4

American Public Education, Inc. (APEI) reported Q1 net income and revenue increases, issued Q2 outlook, and raised annual guidance. Q1 earnings beat and raised annual guidance signal significant positive shift in financial trajectory and investor sentiment.

4

American Public Education, Inc. (APEI) reported first-quarter 2026 financial results and raised its full-year 2026 guidance. Raising full-year guidance after Q1 results signals strong performance and significantly boosts investor sentiment and stock trajectory.

3

American Public Education, Inc. (APEI) released Q1 earnings call highlights, detailing financial results, enrollment trends, revenue growth, and strategic initiatives for its online education segments. Q1 earnings highlights affect financial performance and market sentiment but are balanced by ongoing operational factors.

9 May

3

Analysts forecast strong earnings and revenue growth for American Public Education, Inc. (APEI), highlighting its attractive valuation. Analyst forecasts of strong earnings and revenue growth moderately influence APEI's financial performance expectations and investor sentiment.

7 May

3

Perdoceo Education (PRDO) reported first-quarter results that exceeded analyst expectations for both earnings and revenue. PRDO's earnings beat provides moderately positive momentum for APEI amid the pending acquisition.

20 Apr

3

Rasmussen University, part of American Public Education, Inc., selects D2L Brightspace platform to deliver inclusive AI-powered education experiences. Adoption of AI-enhanced LMS like D2L Brightspace bolsters APEI's innovation and competitive positioning in online higher education.

stockrow.com/APEI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com