American Public Education vs Perdoceo Education
Perdoceo Education is the larger business, with $846m of revenue in fiscal 2025 against $649m for American Public Education (1.3 times as much). Perdoceo Education grew faster (24.2% against 3.9%). Perdoceo Education kept more of each dollar of sales as profit: a net margin of 18.9% against 4.9%.
| Latest fiscal year | American Public EducationAPEI, 2025 | Perdoceo EducationPRDO, 2025 |
|---|---|---|
| Revenue | $649m | $846m |
| Revenue growth | 3.9% | 24.2% |
| Net income | $31.6m | $160m |
| Operating margin | — | 23.2% |
| Net margin | 4.9% | 18.9% |
| Return on equity | 10.5% | 16.6% |
| Free cash flow | $46.1m | $217m |
| Cash | $174m | $111m |
| Total debt | $96.4m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $4.3m | $121m |
| Employees | — | 6,000 |
| Market value | $764m | $1.86bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 49 (Moderate) | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 25 sales | 0 buys, 21 sales |