Saturday 17 October 2026 Export PRDO’s income statement to Excel — free account

Perdoceo Education Corporation

PRDO Consumer Defensive Education & Training Services

Perdoceo Education Corporation’s revenue for fiscal 2025 (year ended December 2025) was $846.1 million, up 24.2% from fiscal 2024. In the quarter to June 2026, revenue grew 1.80%, EPS grew 22.2%, free cash flow fell 3.87% and total debt fell 64.3%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

33.73 0.14 −0.41%

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Market cap: $2.1B
P/E: 12.0×
Fwd P/E: 11.7×
Dividend yield: 1.84%
F-score: 7/9
Altman Z: 6.68
Beneish M: −2.62
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 16.22

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	1	5	1	3	1	—	1	1	—

Insider Ownership 2.75%

Capital & Financial Ratios $m

Market Cap 2,120.00

Revenue 858.61

Net Income 177.12

Free Cash Flow 217.98

Net Debt (731.65)

Current Ratio 4.69

Debt/Equity 0.00

P/E ratio 12.00

Fwd P/E 11.70

P/S ratio 2.46

P/B ratio 2.05

Past 5Y EPS Growth 6.82%

This Y EPS Growth 21.49%

Next Y EPS Growth 5.78%

Next Y revenue growth 0.99%

Next 5Y EPS Growth 15.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 68.85%

10-year low 10-year high

P/S against its own 10 years 88.98%

10-year low 10-year high

P/B against its own 10 years 63.99%

10-year low 10-year high

EV/Sales against its own 10 years 80.32%

10-year low 10-year high

EV/FCF against its own 10 years 52.78%

10-year low 10-year high

Dividends

Payout Ratio 0.23

Annual Dividend Rate 0.62

Annual Dividend Yield 1.84%

	total	individual payouts
2026	0.47	0.15 0.15 0.17
2025	0.56	0.13 0.13 0.15 0.15
2024	0.48	0.11 0.11 0.13 0.13
2023	0.22	0.11 0.11
2021	Powerpack
2020	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	604	592	643	735
Receivables	34	28	32	47
Inventory	5	3	4	3
Other	0	0	0	0
	655	640	697	803

	2023	2024	2025	Q'26
Payables	11	13	14	17
ST’ Debt	—	—	—	—
Other	—	—	—	—
	111	132	138	171

Compound Annual Growth %

	10y	5y	3y
Sales	(0.01%)	4.24%	6.77%
Cash Flow	0.00%	4.59%	14.98%
Earnings	11.91%	5.17%	18.60%
Book Value	11.16%	11.83%	10.24%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	222	213	—	—	—
’25	213	210	212	212	846
’24	168	167	170	176	681
’23	196	187	180	148	710
’22	183	168	168	176	695
’21	184	176	174	160	693
’20	171	176	169	171	687

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	69	75	—	—	—
’25	65	79	41	40	225
’24	54	39	51	18	162
’23	5	62	33	13	112
’22	22	33	53	41	148
’21	45	38	61	47	191
’20	45	61	32	42	180

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	68	73	—	—	—
’25	63	76	39	38	217
’24	53	38	50	16	157
’23	3	60	31	12	106
’22	17	31	51	37	136
’21	44	36	58	43	181
’20	44	58	28	40	170

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.85	0.75	—	—	—
’25	0.65	0.62	0.60	0.54	2.42
’24	0.59	0.57	0.57	0.47	2.19
’23	0.50	0.80	0.62	0.26	2.18
’22	0.46	0.37	0.32	0.23	1.39
’21	0.43	0.37	0.39	0.35	1.55
’20	0.41	0.40	0.56	0.38	1.74

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	2.23	7.62	11.01	11.19	7.11	9.65	9.65	11.50	16.12	23.87	Analyst estimates 2026–2028 Powerpack
	High	10.53	13.92	19.07	22.50	19.85	14.05	14.82	19.62	29.47	38.02
People
People	Employees	5,149	4,462	4,244	4,000	4,700	4,300	4,500	4,350	5,690	6,000
	Revenue/emp, $m	0.14	0.13	0.14	0.16	0.15	0.16	0.15	0.16	0.12	0.14
Income, $m
Income, $m	Revenue	704	596	581	628	687	693	695	710	681	846
	Gross margin, %	66.62	75.97	81.09	83.76	83.74	84.31	83.21	81.64	82.26	76.65
	EBT	(31)	36	74	93	147	149	134	192	201	217
	EBT margin, %	(4.45)	6.08	12.79	14.82	21.35	21.51	19.31	27.06	29.57	25.63
	Net income	(19)	(32)	55	70	124	110	96	148	148	160
	Depreciation	23	14	9	9	15	17	20	17	15	42
Per share, $
Per share, $	Revenue	10.30	8.65	8.35	8.96	9.90	9.90	10.23	10.68	10.38	13.06
	Earnings	(0.27)	(0.46)	0.79	1.00	1.79	1.57	1.41	2.22	2.25	2.47
	Cash flow	0.09	(0.32)	0.82	1.04	2.59	2.73	2.18	1.69	2.46	3.48
	Capex	(0.06)	(0.09)	(0.10)	(0.07)	(0.14)	(0.15)	(0.19)	(0.10)	(0.07)	(0.13)
	Free cash flow	0.03	(0.41)	0.72	0.97	2.45	2.58	2.00	1.59	2.39	3.34
	Book value	4.70	4.30	5.10	6.15	8.01	9.28	10.68	12.66	14.62	15.01
	Shares, m	68	69	70	70	69	70	68	66	66	65
Valuation, ×
Valuation, ×	P/E	0.00	0.00	14.46	18.58	7.02	7.49	10.15	8.11	11.76	11.83
	P/S	0.95	1.45	1.37	2.05	1.28	1.19	1.41	1.68	2.55	2.25
	P/B	2.08	2.91	2.24	2.99	1.58	1.27	1.35	1.42	1.81	1.95
	EV/Sales	0.66	1.14	0.97	1.67	0.74	0.52	0.70	0.86	1.76	1.49
	EV/FCF	197.31	(24.27)	11.26	15.42	3.00	1.99	3.60	5.78	7.62	5.83
Cash, $m
Cash, $m	Operating cash flow	6	(22)	57	73	180	191	148	112	162	225
	Capex	(4)	(6)	(7)	(5)	(10)	(10)	(13)	(6)	(5)	(9)
	Free cash flow	2	(28)	50	68	170	181	136	106	157	217
Balance, $m
Balance, $m	Working capital	79	98	172	257	363	414	412	544	508	559
	Total debt	—	—	—	52	43	36	27	—	50	44
	Net debt	(207)	(180)	(229)	(242)	(367)	(464)	(491)	(604)	(541)	(600)
	Shareholders’ equity	322	296	355	431	556	650	726	841	960	972
Returns, %
Returns, %	ROA	(3.20)	(6.34)	11.87	12.94	18.82	13.98	10.62	15.03	13.15	12.87
	ROIC	(17.68)	18.38	35.35	28.51	47.28	50.00	34.49	39.63	26.04	32.87
	ROE	(5.68)	(10.33)	16.94	17.80	25.17	18.18	13.93	18.84	16.39	16.55

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LOPE Grand Canyon Education, Inc.	$4.2B	19.4×	16.3×	+6.69% (above 0%: growing)	+18.24% (above 0%: growing)	−15.15% (below 0%: shrinking)	49.36%	22.02%	Compare
TAL TAL Education Group	$4.2B	7.3×	12.0×	+31.89% (above 0%: growing)	+1,380.00% (above 0%: growing)	+37.51% (above 0%: growing)	57.78%	18.09%	Compare
LRN Stride, Inc.	$3.5B	10.4×	13.4×	−2.69% (below 0%: shrinking)	+62.18% (above 0%: growing)	+3.70% (above 0%: growing)	34.16%	16.64%	Compare
MH McGraw Hill, Inc.	$2.7B	27.7×	15.6×	+2.65% (above 0%: growing)	+9,900.00% (above 0%: growing)	+57.50% (above 0%: growing)	79.87%	20.78%	Compare
PRDO Perdoceo Education Corporation	$2.1B	12.0×	11.7×	+1.80% (above 0%: growing)	+22.22% (above 0%: growing)	−3.87% (below 0%: shrinking)	76.15%	25.72%
STRA Strategic Education Inc.	$1.8B	13.2×	10.2×	+4.91% (above 0%: growing)	+23.40% (above 0%: growing)	−26.16% (below 0%: shrinking)	47.26%	14.97%	Compare
COUR Coursera, Inc.	$1.4B	— (loss-making)	— (loss-making)	+59.59% (above 0%: growing)	n/m	−190.46% (below 0%: shrinking)	58.07%	(28.37%)	Compare
AFYA Afya Limited	$1.3B	8.8×	7.7×	+18.55% (above 0%: growing)	+29.41% (above 0%: growing)	+59.54% (above 0%: growing)	61.59%	30.64%	Compare
UTI Universal Technical Institute Inc	$1.1B	32.8×	56.3×	+7.15% (above 0%: growing)	−80.00% (below 0%: shrinking)	−408.92% (below 0%: shrinking)	45.94%	1.48%	Compare
Median of peers	$2.3B	13.2×	13.4×	+6.92%	+29.41%	−5.72%	53.57%	17.37%

All 46 Education & Training Services stocks →

Perdoceo Education Corporation (PRDO) key facts

Strength: Perdoceo Education Corporation’s revenue for fiscal 2025 (year ended December 2025) was $846.1 million, up 24.2% from fiscal 2024.
Strength: Net income was $159.9 million, or $2.47 per share (basic), a net margin of 18.9%.
Perdoceo Education Corporation (PRDO) is an Education & Training Services company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, PRDO traded at $33.73, a market capitalization of $2.1 billion.
At that price the stock trades at 12.0× trailing-twelve-month earnings and 2.5× sales; its P/E is higher than 69% of its own readings over the past ten years.
Perdoceo Education Corporation pays an annual dividend of $0.62 per share, a yield of 1.84%, with a payout ratio of 22.6%.
Return on equity was 16.6% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 6.68 (safe zone) for fiscal 2025.