← AMERICAN PUBLIC EDUCATION INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $313.1m |
$299.2m
-4.44%
|
$297.7m
-0.52%
|
$286.3m
-3.84%
|
$321.8m
+12.41%
|
$418.8m
+30.15%
|
$606.3m
+44.78%
|
$600.5m
-0.95%
|
$624.6m
+4.00%
|
$648.9m
+3.89%
|
$659.0m
+1.57%
|
|
| Cost of Revenue | $117.0m |
$116.2m
-0.73%
|
$115.3m
-0.76%
|
$111.9m
-2.92%
|
$122.2m
+9.15%
|
$172.6m
+41.31%
|
$288.5m
+67.11%
|
$292.9m
+1.52%
|
$295.7m
+0.97%
|
$297.0m
+0.45%
|
$296.7m
-0.11%
|
|
| Gross Profit (Calculated) | $196.1m |
$183.1m
-6.65%
|
$182.4m
-0.37%
|
$174.4m
-4.41%
|
$199.6m
+14.49%
|
$246.2m
+23.32%
|
$317.9m
+29.11%
|
$307.7m
-3.20%
|
$328.9m
+6.88%
|
$351.8m
+6.99%
|
— | |
| Interest Income (Expense), Net | $116k |
$185k
+59.48%
|
— | — | — | — | — | — | — | — | — | |
| Selling and Marketing Expense | $59.1m | $58.3m | $57.0m | $60.0m | $73.0m | $93.3m | $154.6m | $133.0m | $128.8m | $137.3m | $284.4m | |
| General and Administrative Expense | $68.7m | $69.0m | $74.5m | $78.1m | $88.0m | $103.4m | $120.4m | $128.2m | $142.0m | $144.6m | $144.5m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $15.8m | $12.2m | $3.3m | — | — | |
| Operating Lease, Expense | — | — | — | $2.6m | $2.9m | $7.5m | $19.9m | $20.7m | $18.9m | $16.9m | — | |
| Operating Income (Loss) | $38.3m |
$34.9m
-8.93%
|
$32.5m
-6.69%
|
$12.8m
-60.78%
|
$24.8m
+94.08%
|
$30.4m
+22.68%
|
($137.3m)
-552.23%
|
($48.3m)
+64.83%
|
$33.1m
+168.45%
|
$47.9m
+44.97%
|
$61.7m
+28.62%
|
|
| Interest Expense | — | — | — | — | — | — | $3.9m | — | — | — | $4.1m | |
| Income (Loss) from Equity Method Investments | $703k | ($2.4m) | — | — | ($7k) | ($831k) | ($21k) | ($5.2m) | ($4.4m) | $0 | — | |
| Interest Income (Expense), Nonoperating, Net | $116k | $185k | $2.9m | $3.9m | $1.1m | ($4.3m) | ($17.7m) | ($4.5m) | ($2.1m) | ($4.2m) | — | |
| Current Income Tax Expense (Benefit) | $15.4m | $14.0m | $10.2m | $7.2m | $7.8m | $2.0m | $6.4m | $4.8m | $5.8m | $4.0m | $11.2m | |
| Income Tax Expense (Benefit) | $14.9m | $11.5m | $9.3m | $5.2m | $7.0m | $7.5m | ($36.3m) | ($10.7m) | $10.4m | $12.1m | $11.2m | |
| Net Income (Loss) Attributable to Parent | $24.2m |
$21.1m
-12.56%
|
$25.6m
+21.39%
|
$10.0m
-60.95%
|
$18.8m
+87.98%
|
$17.8m
-5.68%
|
($115.0m)
-747.77%
|
($47.3m)
+58.88%
|
$16.1m
+134.08%
|
$31.6m
+95.85%
|
$35.6m
+12.73%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | $18.8m |
$17.8m
-5.68%
|
($115.0m)
-748.05%
|
($53.3m)
+53.67%
|
$10.1m
+118.87%
|
$25.3m
+151.62%
|
$35.6m
+40.58%
|
|
| Earnings Per Share, Basic | $1.50 | $1.30 | $1.56 | $0.62 | $1.27 | $0.98 | ($6.10) | ($2.94) | $0.57 | $1.40 | $1.95 | |
| Earnings Per Share, Diluted | $1.49 | $1.29 | $1.54 | $0.62 | $1.25 | $0.97 | ($6.08) | ($2.93) | $0.55 | $1.36 | $1.93 | |
| Weighted Average Number of Shares Outstanding, Basic | 16.1m | 16.2m | 16.4m | 16.1m | 14.9m | 18.1m | 18.9m | 18.1m | 17.6m | 18.0m | 18.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 16.2m | 16.4m | 16.6m | 16.3m | 15.0m | 18.3m | 18.9m | 18.2m | 18.1m | 18.7m | 18.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $6.3m | $1.9m | — | — | — | — | |
| Costs and Expenses | $274.9m | $264.4m | $265.2m | $273.5m | $297.0m | $388.4m | $743.7m | $648.9m | $591.5m | $600.9m | — | |
| Goodwill, Impairment Loss | $4.7m | $0 | $0 | $7.3m | $0 | $0 | $131.4m | $53.0m | $0 | $0 | $144.9m |