Stocktoria
AMERICAN PUBLIC EDUCATION INC APEI
AMERICAN PUBLIC EDUCATION INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $648.9M | $624.6M | $600.5M | $606.3M | $418.8M | $321.8M | $286.3M | $297.7M | $299.2M | $313.1M |
| Operating income | $47.9M | $33.1M | -$48.3M | -$137.3M | $30.4M | $24.8M | $12.8M | $32.5M | $34.9M | $38.3M |
| Interest expense | — | — | — | $3.9M | — | — | — | — | — | — |
| Income tax | $12.1M | $10.4M | -$10.7M | -$36.3M | $7.5M | $7.0M | $5.2M | $9.3M | $11.5M | $14.9M |
| Net income | $31.6M | $16.1M | -$47.3M | -$115.0M | $17.8M | $18.8M | $10.0M | $25.6M | $21.1M | $24.2M |
| EPS (diluted) | $1.36 | $0.55 | $-2.93 | $-6.08 | $0.97 | $1.25 | $0.62 | $1.54 | $1.29 | $1.49 |
| Operating cash flow | $62.0M | $48.9M | $45.5M | $29.2M | $16.3M | $44.8M | $38.4M | $44.2M | $47.9M | $56.0M |
| Free cash flow | $46.1M | $27.8M | $31.6M | $12.8M | $4.4M | $39.9M | $31.1M | $34.7M | $33.1M | $39.6M |
| Cash & equivalents | $174.1M | $131.9M | $116.7M | $102.5M | — | — | — | — | $179.2M | $146.4M |
| Total assets | $521.4M | $570.1M | $557.4M | $615.1M | $725.6M | $371.0M | $354.9M | $371.0M | $339.0M | $315.6M |
| Total liabilities | $226.6M | $266.2M | $265.4M | $265.3M | $310.0M | $64.1M | $58.2M | $49.7M | $49.6M | $51.0M |
| Shareholders' equity | $294.8M | $303.9M | $292.0M | $349.7M | $415.6M | $306.9M | $296.7M | $321.3M | $289.4M | $264.7M |
Growth · year-over-year · Revenue CAGR 8.4%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +3.9% | +4.0% | -1.0% | +44.8% | +30.1% | +12.4% | -3.8% | -0.5% | -4.4% | — |
| Net income growth | +95.8% | — | — | -747.8% | -5.7% | +88.0% | -60.9% | +21.4% | -12.6% | -25.5% |
| EPS growth | +147.3% | — | — | -726.8% | -22.4% | +101.6% | -59.7% | +19.4% | -13.4% | -22.8% |
| Free cash flow growth | +65.9% | -12.1% | +146.5% | +189.1% | -88.9% | +28.2% | -10.5% | +4.8% | -16.3% | +26.9% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.