American Public Education (APEI) EBT Margin (2009 - 2026)
American Public Education (APEI) recorded quarterly EBT Margin of 11.01% in Q1 2026, down 2.03% quarter-over-quarter from 11.24% in Q4 2025, and up 411.0% on a YoY basis from 2.16% in Q1 2025.
American Public Education (APEI) EBT Margin (2009 - 2026) Analysis & Trends
American Public Education's EBT Margin history runs 18 years deep, the most recent figure standing at 11.01% for Q1 2026.
- In Q1 2026, EBT Margin rose 411.0% year-over-year to 11.01%; the TTM figure through Mar 2026 stood at 7.83% (up 196.0% YoY), while the FY2025 annual figure was 6.74%, up 178.0% from the prior year.
- EBT Margin was 11.01% for Q1 2026 at American Public Education, down from 11.24% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 12.77% in Q4 2024 to a low of 97.16% in Q2 2022.
- Historically, EBT Margin has averaged 4.71% across 5 years, with a median of 3.64% in 2025.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 9972 bps in 2022, then jumped 5208 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 5.02% in 2022, then jumped by 297 bps to 9.91% in 2023, then grew by 29 bps to 12.77% in 2024, then fell by 12 bps to 11.24% in 2025, then retreated by 2 bps to 11.01% in 2026.
- The last three EBT Margin figures came in at 11.01% (Q1 2026), 11.24% (Q4 2025), and 5.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -19.01% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -10.02% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 3.29% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 16.00% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 19.17% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 31.90% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -11.37% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.17% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 30.72% |
| 10 | American Public Education | 951.21 Mn | 730.21 Mn | 100.11 Mn | 11.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.01% |
| Dec 31, 2025 | 11.24% |
| Sep 30, 2025 | 5.29% |
| Jun 30, 2025 | 3.64% |
| Mar 31, 2025 | 6.90% |
| Dec 31, 2024 | 12.77% |
| Sep 30, 2024 | 2.28% |
| Jun 30, 2024 | 0.94% |
| Mar 31, 2024 | 3.27% |
| Dec 31, 2023 | 9.91% |
| Sep 30, 2023 | 3.72% |
| Jun 30, 2023 | -45.08% |
| Mar 31, 2023 | -4.78% |
| Dec 31, 2022 | -5.02% |
| Sep 30, 2022 | -3.09% |
| Jun 30, 2022 | -97.16% |
| Mar 31, 2022 | 4.12% |
| Dec 31, 2021 | 8.69% |
| Sep 30, 2021 | -0.04% |
| Jun 30, 2021 | 2.56% |