Latest revenue
$174.7M
as of 2026-03-31
Latest net income
$17.7M
as of 2026-03-31
Net margin
10.1%
as of 2026-03-31
ActaClear Score
Computed from 5 years of SEC fundamentals + latest market data, ranked within Services-Educational Services (28 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 6, 2026.
Fair value · DCF
DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.
Community sentiment
Where do you think APEI is heading?
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $966.7M
- Enterprise value
- $868.8M
- P/E (trailing)
- 30.6×
- Forward P/E
- —
- P/B
- 3.16×
- Dividend yield
- 0.0%
- 52-wk high
- $61.59
- 52-wk low
- $25.80
- Beta
- —
- Shares out
- 18.3M
5-year trend
What this company does
ITEM 1. BUSINESS COMPANY OVERVIEW American Public Education, Inc., or APEI, provides online and campus-based postsecondary education to approximately 108,600 students through our subsidiary institutions. Our institutions offer purpose-built education programs designed to prepare individuals for productive contributions to their professions and society and to offer opportunities designed to advance students in their current professions or to help them prepare for their next career. Our Vision and Mission Our vision is for education to transform lives, advance careers, and improve communities. Our mission is to Power Purpose, Potential and Prosperity for Those in Service to Others. Our…
AI summary unavailable — showing raw filing excerpt
Generated from APEI's filing dated 2026-03-12
Key risks
ITEM 1A. RISK FACTORS Investing in our common stock involves a high degree of risk. Before making an investment, you should carefully consider the following risks, as well as the other information contained in this Annual Report, including our “Financial Statements and Supplementary Data” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. Any of the risk factors described below could significantly and adversely affect our business, financial condition, results of operations, cash flows, and prospects. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties not presently known to us or that we…
AI summary unavailable — showing raw filing excerpt
Generated from APEI's filing dated 2026-03-12
Profitability
Operating margin
7.4%
39.5%Net margin
4.9%
88.5%Return on equity
10.4%
95.8%Return on assets
6.1%
114.1%Leverage
Debt / equity
0.72×
18.3%Long-term debt / equity
0.31×
1.3%Debt / assets
41.7%
10.7%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $174.7M | +6.2% | $17.7M | +99.4% | 10.1% |
Q4 2025 2025-12-31 | $158.3M | -3.5% | $12.6M | -2.7% | 8.0% |
Q3 2025 2025-09-30 | $163.2M | +6.6% | $5.6M | +145.8% | 3.4% |
Q2 2025 2025-06-30 | $162.8M | +6.5% | $4.5M | +1111.9% | 2.8% |
Q1 2025 2025-03-31 | $164.6M | +6.6% | $8.9M | +1623.4% | 5.4% |
Q4 2024 2024-12-31 | $164.1M | — | $13.0M | — | 7.9% |
Q3 2024 2024-09-30 | $153.1M | +1.5% | $2.3M | +168.0% | 1.5% |
Q2 2024 2024-06-30 | $152.9M | +3.9% | $371.0K | +100.7% | 0.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Educational Services · SIC 8200
Your notes
Keep private notes on APEI — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$21.5M
Net activity
−$21.5M
Distinct insiders
5
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns APEI
Institutional value
$416.6M
Total shares held
8.0M
Distinct holders
105
-62 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.5M | $82.5M | -50.1K (-3.3%) | Trimmed |
| 2 | DIMENSIONAL FUND ADVISORS LP | 799.2K | $45.5M | -48.1K (-5.7%) | Trimmed |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 701.0K | $39.9M | — | New |
| 4 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 679.7K | $38.7M | -177.5K (-20.7%) | Trimmed |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 337.8K | $19.2M | — | New |
| 6 | ROYCE & ASSOCIATES LP | 326.4K | $18.6M | -32.1K (-9.0%) | Trimmed |
| 7 | JANE STREET GROUP, LLC | 261.5K | $14.9M | — | New |
| 8 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 244.6K | $13.9M | -16.9K (-6.5%) | Trimmed |
| 9 | UBS Group AG | 234.6K | $13.3M | -28.9K (-11.0%) | Trimmed |
| 10 | Nuveen, LLC | 219.6K | $12.5M | +185.7K (+547.4%) | Added |
| 11 | Assenagon Asset Management S.A. | 177.3K | $10.1M | -3.5K (-1.9%) | Trimmed |
| 12 | Pacific Ridge Capital Partners, LLC | 167.7K | $9.5M | +376 (+0.2%) | Added |
| 13 | JPMORGAN CHASE & CO | 158.1K | $8.9M | +27.5K (+21.1%) | Added |
| 14 | Invesco Ltd. | 138.7K | $7.9M | +94.2K (+211.8%) | Added |
| 15 | VANGUARD FIDUCIARY TRUST CO | 123.7K | $7.0M | — | New |
| 16 | EAM Investors, LLC | 87.6K | $5.0M | +59.2K (+208.6%) | Added |
| 17 | SEI INVESTMENTS CO | 77.3K | $4.4M | +38.5K (+99.5%) | Added |
| 18 | MACKENZIE FINANCIAL CORP | 71.8K | $4.1M | +20.4K (+39.7%) | Added |
| 19 | FEDERATED HERMES, INC. | 67.7K | $3.8M | +5.5K (+8.8%) | Added |
| 20 | Bank of New York Mellon Corp | 65.9K | $3.7M | -5.2K (-7.3%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once APEI's latest filing finishes processing.
Sign in to vote. Votes use 7-day half-life decay.
Sign in to tap. 7-day half-life decay.