Saturday 17 October 2026
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Grand Canyon Education, Inc.
LOPE Consumer Defensive Education & Training Services
Grand Canyon Education, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 7.07% from fiscal 2024. In the quarter to June 2026, revenue grew 6.69%, EPS grew 18.2% and free cash flow fell 15.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
161.58
0.15
+0.09%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
18.13 | 20.68 | 19.99 | 17.64 | 16.99 | 14.24 | 18.57 | 19.26 | 21.03 | 21.43 |
Piotroski F-Score |
5 | 7 | 5 | 3 | 6 | 8 | 7 | 8 | 7 | 7 |
Altman Z-Score |
7.42 | 10.48 | 27.50 | 13.30 | 12.00 | 16.88 | 16.15 | 16.79 | 17.86 | 17.47 |
P/S ratio |
3.08 | 4.32 | 5.41 | 5.88 | 5.17 | 4.19 | 3.76 | 4.12 | 4.61 | 4.19 |
P/FCF ratio |
0.00 | 23.28 | 43.91 | 16.13 | 15.62 | 13.22 | 18.49 | 19.87 | 18.86 | 19.42 |
Altman Z″-Score (non-manufacturers) |
5.97 | 7.54 | 16.65 | 10.22 | 10.71 | 15.80 | 14.70 | 14.91 | 15.23 | 15.75 |
Beneish M-Score |
(2.89) | (2.96) | 56.43 | (2.54) | (2.40) | (2.78) | (2.50) | (2.64) | (2.79) | (2.73) |
P/Operating CF |
109.83 | 120.43 | 44.63 | 41.18 | 33.91 | 36.05 | 31.09 | 34.00 | 35.10 | 35.51 |
P/B ratio |
3.48 | 4.27 | 3.77 | 3.17 | 2.77 | 3.60 | 5.38 | 5.51 | 6.08 | 6.20 |
Price to Tangible BV |
3.49 | 4.28 | 3.78 | 4.24 | 3.58 | 5.37 | 11.43 | 10.18 | 10.29 | 10.66 |
EV/Sales |
2.94 | 4.04 | 5.14 | 5.84 | 4.96 | 3.59 | 3.63 | 3.92 | 4.36 | 3.97 |
EV/EBITDA |
9.06 | 11.67 | 14.80 | 15.56 | 13.62 | 10.28 | 12.31 | 13.41 | 14.43 | 14.36 |
EV/Operating CF |
10.78 | 12.90 | 21.85 | 14.83 | 13.55 | 10.27 | 14.98 | 15.47 | 15.52 | 16.06 |
EV/FCF |
(2,037.71) | 21.74 | 41.73 | 16.00 | 14.97 | 11.31 | 17.82 | 18.93 | 17.81 | 18.40 |
Quick Ratio |
0.92 | 1.47 | 3.76 | 2.10 | 2.74 | 6.86 | 2.63 | 3.35 | 3.68 | 3.52 |
Current Ratio |
1.01 | 1.57 | 3.84 | 2.19 | 2.81 | 6.95 | 2.74 | 3.48 | 3.78 | 3.65 |
Net Debt/EBITDA |
(0.45) | (0.82) | (0.77) | (0.12) | (0.59) | (1.92) | (0.68) | (0.87) | (1.04) | (0.98) |
Debt/Assets |
6.10% | 4.60% | 1.77% | 6.38% | 4.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.09 | 0.06 | 0.02 | 0.07 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.88 | 0.81 | 0.64 | 0.52 | 0.48 | 0.58 | 0.89 | 1.09 | 1.06 | 1.10 |
Operating CF/Net income |
1.60 | 1.50 | 0.87 | 1.18 | 1.20 | 1.20 | 1.20 | 1.19 | 1.28 | 1.27 |
Capex/Depreciation |
(5.23) | (2.29) | (2.66) | (0.83) | (0.99) | (0.95) | (1.13) | (1.39) | (1.02) | (0.87) |
Interest Coverage |
178.62 | 130.36 | 168.07 | 23.44 | 63.03 | 78.36 | 118,750.00 | 7,553.21 | 68,849.75 | — |
| 21.46% | 23.11% | 20.82% | 19.51% | 17.05% | 19.88% | 21.95% | 30.24% | 30.13% | 28.24% | |
| 14.97% | 16.97% | 17.43% | 17.20% | 14.55% | 16.98% | 17.97% | 23.25% | 23.22% | 21.50% | |
ROIC |
22.92% | 24.94% | 16.36% | 11.78% | 12.45% | 39.71% | 32.56% | 32.90% | 37.48% | 37.19% |
Return on Tangible Assets |
17.29% | 19.20% | 67.36% | 111.31% | 74.84% | 36.20% | 57.52% | 49.97% | 46.57% | 46.05% |
Average Days of Receivables |
5.94 | 4.87 | 22.23 | 26.31 | 29.62 | 29.04 | 32.12 | 30.44 | 29.48 | 28.60 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
14.50% | 13.99% | 17.43% | 24.04% | 24.61% | 25.06% | 26.51% | 25.60% | 25.05% | 25.01% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.21 | 0.19 | 0.28 | 0.41 | 0.35 | 0.31 | 0.31 |
Share Based Compensation of Revenue |
1.41% | 1.30% | 2.31% | 1.32% | 1.26% | 1.29% | 1.39% | 1.37% | 1.38% | 1.23% |
Graham Net Nets |
(0.03) | 0.01 | 0.04 | (0.01) | 0.01 | 0.13 | 0.02 | 0.03 | 0.04 | 0.03 |
Graham Number |
34.88 | 45.09 | 52.52 | 60.73 | 64.35 | 56.83 | 50.67 | 60.74 | 68.71 | 68.42 |
Earnings Yield |
5.52% | 4.84% | 5.00% | 5.67% | 5.89% | 7.02% | 5.38% | 5.19% | 4.76% | 4.67% |
Free Cash Flow Yield |
(0.05%) | 4.30% | 2.28% | 6.20% | 6.40% | 7.57% | 5.41% | 5.03% | 5.30% | 5.15% |
Revenue per Share |
18.95 | 20.66 | 17.76 | 16.28 | 18.01 | 20.45 | 28.36 | 32.04 | 35.49 | 39.70 |
Operating CF per Share |
5.16 | 6.47 | 4.18 | 6.41 | 6.59 | 7.14 | 6.87 | 8.12 | 9.96 | 9.82 |
Capex per Share |
(5.19) | (2.63) | (1.99) | (0.47) | (0.63) | (0.66) | (1.10) | (1.48) | (1.28) | (1.25) |
Free Cash Flow per Share |
(0.03) | 3.84 | 2.19 | 5.94 | 5.96 | 6.48 | 5.78 | 6.64 | 8.68 | 8.57 |
Cash per Share |
4.20 | 7.15 | 5.27 | 3.02 | 5.47 | 13.71 | 5.66 | 8.15 | 11.15 | 10.77 |
Shareholders Equity per Share |
16.79 | 20.92 | 25.49 | 30.19 | 33.58 | 23.84 | 19.84 | 23.94 | 26.93 | 26.81 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
16.79 | 20.92 | 25.49 | 30.19 | 33.58 | 23.84 | 19.84 | 23.94 | 26.93 | 26.81 |
Free Cash Flow |
(1.26) | 180.94 | 104.23 | 283.95 | 279.41 | 284.24 | 185.59 | 199.13 | 252.71 | 238.65 |
Working Capital |
3.27 | 136.73 | 228.95 | 113.11 | 215.02 | 583.10 | 173.57 | 240.49 | 309.01 | 290.43 |
Capital Expenditures |
(239.02) | (123.95) | (94.86) | (22.39) | (29.42) | (28.87) | (35.23) | (44.54) | (37.25) | (34.84) |
Net Current Asset Value |
(88.74) | 57.24 | 199.05 | (38.51) | 63.49 | 503.35 | 78.14 | 125.07 | 185.40 | 154.81 |
EV/EBIT |
10.81 | 13.91 | 16.85 | 17.14 | 15.08 | 11.39 | 13.93 | 15.13 | 16.34 | 16.52 |
Capex to Sales |
0.27 | 0.13 | 0.11 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 | 0.03 |
Price to Operating Income |
11.34 | 14.89 | 17.73 | 17.27 | 15.73 | 13.31 | 14.45 | 15.87 | 17.31 | 17.43 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.06 | 0.32 | 0.22 | 0.23 | 0.22 | 0.21 | 0.19 | 0.21 | 0.22 |
Cash ROIC |
(0.12%) | 13.08% | 7.00% | 16.75% | 14.66% | 17.27% | 22.65% | 20.69% | 22.80% | 22.79% |
Accounts Receivable Turnover |
65.98 | 71.58 | 26.22 | 14.47 | 13.55 | 12.82 | 12.03 | 11.99 | 12.63 | 13.00 |
Accounts Payable Turnover |
7.26 | 8.54 | 11.44 | 21.58 | 22.32 | 18.65 | 19.13 | 24.27 | 22.01 | 20.28 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
42.31 | 46.16 | 20.99 | 17.24 | 17.27 | 23.27 | 17.23 | 14.11 | 19.96 | 17.17 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
13.24 | 13.61 | 32.24 | 53.81 | 62.32 | 69.92 | 75.77 | 80.16 | 81.78 | 85.05 |
Average Payables |
29.49 | 26.98 | 21.71 | 14.55 | 15.71 | 20.44 | 22.16 | 18.84 | 22.20 | 25.53 |
Average Assets |
992.24 | 1,198.03 | 1,313.80 | 1,507.15 | 1,767.43 | 1,533.66 | 1,027.75 | 881.61 | 974.44 | 1,005.37 |
Average Common Equity |
691.97 | 879.82 | 1,099.77 | 1,328.52 | 1,508.88 | 1,309.69 | 841.33 | 677.82 | 750.93 | 765.39 |
Columns are period end dates