AMERICAN PUBLIC EDUCATION INC
Company Stats
- Market Cap
- $772.0M
- as of Sep 30, 2026
- Enterprise Value
- $694.3M
- Shares Outstanding
- 18.3M
- Free Float
- 80.9%
Income Statement
- Revenue
- $648.9M
- Operating Income
- $47.9M
- Net Income
- $31.6M
- EBITDA
- $64.0M
- Revenue Growth, 3Y
- 2.3%
- FCF Margin, 3Y Avg
- 5.6%
- FCF Margin, Worst Year
- 4.4%
Cash Flow
- Free Cash Flow
- $46.1M
- FCF Yield
- 6.0%
- Owner FCF Yield
- 4.9%
Balance Sheet
- Cash & Equivalents
- $174.1M
- Total Debt
- $96.4M
- Net Cash
- $77.7M
- EV / EBITDA
- 10.84x
Returns & Capital
- Share Repurchases
- $4.3M
- Buyback Yield, 3Y Avg
- 0.8%
- SBC, 3Y Avg
- $7.9M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $648.9M | $46.1M | 7.1% |
| FY2024 | $624.6M | $27.8M | 4.4% |
| FY2023 | $600.5M | $31.6M | 5.3% |
| FY2022 | $606.3M | $12.8M | 2.1% |
| FY2021 | $418.8M | $4.4M | 1.1% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges