Afya vs Perdoceo Education
Perdoceo Education is the larger business, with $846m of revenue in fiscal 2025 against $662m for Afya (1.3 times as much). Perdoceo Education grew faster (24.2% against 7.5%). Afya kept more of each dollar of sales as profit: a net margin of 20.4% against 18.9%. Perdoceo Education carries less debt relative to equity (0.0% against 42.3%).
| Latest fiscal year | AfyaAFYA, 2025 | Perdoceo EducationPRDO, 2025 |
|---|---|---|
| Revenue | $662m | $846m |
| Revenue growth | 7.5% | 24.2% |
| Net income | $135m | $160m |
| Operating margin | 32.8% | 23.2% |
| Net margin | 20.4% | 18.9% |
| Return on equity | 17.1% | 16.6% |
| Free cash flow | $245m | $217m |
| Cash | $205m | $111m |
| Total debt | $375m | $0 |
| Debt to equity | 42.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 64.1% | — |
| Share buybacks | — | $121m |
| Employees | — | 6,000 |
| Market value | $40.7m | $1.86bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 20 sales | 0 buys, 21 sales |