Growth Metrics

American Public Education (APEI) Debt Ratio (2021 - 2026)

Quarterly Debt Ratio rose 1.29% to 0.16 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.16 through Mar 2026, up 1.29% year-over-year, with the annual reading at 0.18 for FY2025, 10.79% up from the prior year.

American Public Education's Debt Ratio history spans 6 years, with the latest figure at 0.16 for Q1 2026.

  • Debt Ratio came in at 0.16 for Q1 2026, down from 0.18 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.24 in Q2 2022 to a low of 0.15 in Q1 2023.
  • The 5-year median for Debt Ratio is 0.17 (2023), against an average of 0.18.
  • Year-over-year, Debt Ratio tumbled 31.54% in 2022 and then grew 12.41% in 2024.
  • American Public Education's Debt Ratio stood at 0.15 in 2022, then rose by 12.16% to 0.17 in 2023, then dropped by 3.53% to 0.16 in 2024, then increased by 10.79% to 0.18 in 2025, then decreased by 9.62% to 0.16 in 2026.
  • Per Business Quant, the three most recent readings for APEI's Debt Ratio are 0.16 (Q1 2026), 0.18 (Q4 2025), and 0.18 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn 0.05
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 0.10
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 0.09
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn -
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 0.17
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn -
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.15
8 Strategic Education 1.71 Bn 1.55 Bn - -
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 0.01
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 0.16

Historic Data

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DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.18
Sep 30, 2025 0.18
Jun 30, 2025 0.18
Mar 31, 2025 0.16
Dec 31, 2024 0.16
Sep 30, 2024 0.16
Jun 30, 2024 0.17
Mar 31, 2024 0.17
Dec 31, 2023 0.17
Sep 30, 2023 0.17
Jun 30, 2023 0.17
Mar 31, 2023 0.15
Dec 31, 2022 0.15
Sep 30, 2022 0.24
Jun 30, 2022 0.24
Mar 31, 2022 0.21
Dec 31, 2021 0.22
Sep 30, 2021 0.22