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American Public Education, Inc. logo

American Public Education, Inc.

APEI

NASDAQConsumer DefensiveEducation & Training Services

Open in GoAI

Regular session

$45.96

+$0.35 · +0.77%

Aug 24, 2:50 PM ET

APEI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

59

Fair Value

Momentum

65

Gaining

Sentiment

68

Bullish

Risk resilience

67

Moderate Risk

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Company profile

Company website

American Public Education, Inc. (APEI), along with its affiliated entities, delivers higher learning opportunities accessible both online and at physical campuses. The organization operates through three principal divisions: the American Public University System, Rasmussen University, and Hondros College of Nursing. APEI provides an extensive array of academic pathways, offering 130 degree programs and 111 certificate qualifications across diverse fields of study. These include business administration, health sciences, technology, criminal justice, education, and the liberal arts, in addition to specialized areas like national security, military studies, intelligence, and homeland security. Furthermore, the company places a significant emphasis on healthcare education, featuring a practical nursing diploma, an associate's degree in nursing, and an associate's degree in medical laboratory technology. Established in 1991, American Public Education, Inc. maintains its corporate headquarters in Charles Town, West Virginia.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
US
CEO
Angela K. Selden
Listed since
Nov 9, 2007
Employees
5,841

Market position

Day range

Current $45.96

52-week range

Current $45.96

Open
$45.88
Previous close
$45.61
Volume
283.4K
0.98× average
Average volume
290.38K
Average daily volume
Market cap
843.07M USD
Beta
1.4
Market reference 1
50-day average
$51.2736
-10.36% below average
200-day average
$47.4612
-3.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
667.28M USD
EV / EBITDA
10.41×
Earnings yield
4.64%
Free cash flow yield
6.77%

Profitability & efficiency

Return on equity
10.71%
Return on assets
5.81%
Return on invested capital
8.11%

Financial health

Current ratio
3.46×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends67%34%2%-31%Gross margin, FY2021: 58.78%Gross margin, FY2022: 52.42%Gross margin, FY2023: 51.23%Gross margin, FY2024: 52.65%Gross margin, FY2025: 51.74%Operating margin, FY2021: 7.25%Operating margin, FY2022: -22.65%Operating margin, FY2023: -8.04%Operating margin, FY2024: 5.29%Operating margin, FY2025: 8.30%Net margin, FY2021: 4.24%Net margin, FY2022: -18.97%Net margin, FY2023: -7.87%Net margin, FY2024: 2.58%Net margin, FY2025: 4.86%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 58.78%. Gross margin FY2022 52.42%. Gross margin FY2023 51.23%. Gross margin FY2024 52.65%. Gross margin FY2025 51.74%. Operating margin FY2021 7.25%. Operating margin FY2022 -22.65%. Operating margin FY2023 -8.04%. Operating margin FY2024 5.29%. Operating margin FY2025 8.30%. Net margin FY2021 4.24%. Net margin FY2022 -18.97%. Net margin FY2023 -7.87%. Net margin FY2024 2.58%. Net margin FY2025 4.86%.

Income trends

Revenue

648.86M USD+3.89%

Operating income

53.86M USD+62.89%

Net income

31.56M USD+95.85%
Income trends across reported periods727.48M USD413M USD98.52M USD−215.97M USDRevenue, FY2021: 418.8M USDRevenue, FY2022: 606.33M USDRevenue, FY2023: 600.55M USDRevenue, FY2024: 624.56M USDRevenue, FY2025: 648.86M USDOperating income, FY2021: 30.37M USDOperating income, FY2022: −137.35M USDOperating income, FY2023: −48.31M USDOperating income, FY2024: 33.07M USDOperating income, FY2025: 53.86M USDNet income, FY2021: 17.75M USDNet income, FY2022: −114.99M USDNet income, FY2023: −47.29M USDNet income, FY2024: 16.11M USDNet income, FY2025: 31.56M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 418.8M USD. Revenue FY2022 606.33M USD. Revenue FY2023 600.55M USD. Revenue FY2024 624.56M USD. Revenue FY2025 648.86M USD. Operating income FY2021 30.37M USD. Operating income FY2022 −137.35M USD. Operating income FY2023 −48.31M USD. Operating income FY2024 33.07M USD. Operating income FY2025 53.86M USD. Net income FY2021 17.75M USD. Net income FY2022 −114.99M USD. Net income FY2023 −47.29M USD. Net income FY2024 16.11M USD. Net income FY2025 31.56M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue648.86M USD624.56M USD600.55M USD606.33M USD418.8M USD
Cost of goods sold313.17M USD295.7M USD292.86M USD288.47M USD172.62M USD
Gross profit335.69M USD328.86M USD307.68M USD317.86M USD246.18M USD
Selling, general, and administrative281.83M USD270.77M USD261.19M USD275M USD196.7M USD
Operating expenses281.83M USD295.79M USD355.99M USD455.2M USD215.81M USD
Interest expense4.23M USD2.13M USD4.46M USD17.73M USD4.28M USD
Depreciation and amortization16.15M USD19.3M USD27.82M USD32.13M USD17.83M USD
Operating income53.86M USD33.07M USD−48.31M USD−137.35M USD30.37M USD
Net income31.56M USD16.11M USD−47.29M USD−114.99M USD17.75M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+56.78%
11 comparable reports
Latest EPS result
0.52
Estimate 0.36 · Beat by 45.05%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.020.620.23-0.17Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 0.63, estimate 0.54, surprise +16.67%, Beat. Q2 2025, reported May 12, 2025: actual 0.41, estimate 0.15, surprise +173.33%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.02, estimate -0.07, surprise +71.43%, Beat. Q4 2025, reported Nov 10, 2025: actual 0.3, estimate -0.09, surprise +433.33%, Beat. Q1 2026, reported Mar 12, 2026: actual 0.67, estimate 0.39, surprise +71.79%, Beat. Q2 2026, reported May 11, 2026: actual 0.94, estimate 0.61, surprise +54.10%, Beat. Q3 2026, reported Aug 10, 2026: actual 0.52, estimate 0.359, surprise +45.05%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 0.3, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates181.73M169.43M157.13M144.83MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 164.11M USD, estimate 161.7M USD, surprise +1.49%, Beat. Q2 2025, reported May 12, 2025: actual 164.55M USD, estimate 161.73M USD, surprise +1.74%, Beat. Q3 2025, reported Aug 6, 2025: actual 162.77M USD, estimate 161.04M USD, surprise +1.07%, Beat. Q4 2025, reported Nov 10, 2025: actual 163.22M USD, estimate 160.76M USD, surprise +1.53%, Beat. Q1 2026, reported Mar 12, 2026: actual 158.33M USD, estimate 151.82M USD, surprise +4.29%, Beat. Q2 2026, reported May 11, 2026: actual 174.74M USD, estimate 173.73M USD, surprise +0.58%, Beat. Q3 2026, reported Aug 10, 2026: actual 171.7M USD, estimate 170.88M USD, surprise +0.48%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 166.14M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$60.60

31.85% upside
Past 12 months12-month forecastHigh $64.00Average $60.60Low $55.00

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ETFs holding APEI

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
25.44M
Weight
0.08%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$125.85-0.47%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
23.82M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.49-0.20%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
21.21M
Weight
0.03%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.14-0.61%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
10.28M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.71-0.74%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
7.67M
Weight
0.05%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.47-1.01%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
4.88M
Weight
0.03%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$120.53-0.60%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
4.08M
Weight
0.03%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.405-0.37%
Vanguard Consumer Discretionary ETF logoVanguard Consumer Discretionary ETFVCR
Market value
3.08M
Weight
0.05%
AUM
6.6B USD
Expense ratio
0.09%
Price / 1D
$397.74+0.15%

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