Growth Metrics

American Public Education (APEI) FCF Margin (2016 - 2026)

Quarterly FCF Margin rose 1467.0% to 34.78% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 11.2% through Mar 2026, up 389.0% year-over-year, with the annual reading at 7.1% for FY2025, 266.0% up from the prior year.

American Public Education's FCF Margin history spans 18 years, with the latest figure at 34.78% for Q1 2026.

  • FCF Margin came in at 34.78% for Q1 2026, up from 9.86% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 34.78% in Q1 2026 to a low of 18.71% in Q4 2022.
  • The 5-year median for FCF Margin is 6.83% (2025), against an average of 6.5%.
  • The largest YoY upside for FCF Margin was 1546bps in 2022 against a maximum downside of -2499bps in 2022.
  • American Public Education's FCF Margin stood at 18.71% in 2022, then skyrocketed by 74bps to 4.93% in 2023, then skyrocketed by 78bps to 1.07% in 2024, then plummeted by -822bps to 9.86% in 2025, then soared by 453bps to 34.78% in 2026.
  • Per Business Quant, the three most recent readings for APEI's FCF Margin are 34.78% (Q1 2026), 9.86% (Q4 2025), and 10.73% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 3.93%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 19.66%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 28.01%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 29.13%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 30.51%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn -11.94%
8 Strategic Education 1.71 Bn 1.55 Bn - 25.27%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn -6.99%
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 34.78%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 34.78%
Dec 31, 2025 -9.86%
Sep 30, 2025 10.73%
Jun 30, 2025 6.83%
Mar 31, 2025 20.11%
Dec 31, 2024 -1.07%
Sep 30, 2024 5.07%
Jun 30, 2024 4.75%
Mar 31, 2024 9.41%
Dec 31, 2023 -4.93%
Sep 30, 2023 11.41%
Jun 30, 2023 8.42%
Mar 31, 2023 6.38%
Dec 31, 2022 -18.71%
Sep 30, 2022 2.18%
Jun 30, 2022 10.56%
Mar 31, 2022 14.40%
Dec 31, 2021 6.28%
Sep 30, 2021 -11.30%
Jun 30, 2021 -4.91%
Mar 31, 2021 10.95%
Dec 31, 2020 -0.79%
Sep 30, 2020 14.80%
Jun 30, 2020 23.38%
Mar 31, 2020 12.94%
Dec 31, 2019 4.48%
Sep 30, 2019 10.34%
Jun 30, 2019 20.48%
Mar 31, 2019 8.59%
Dec 31, 2018 18.90%
Sep 30, 2018 6.08%
Jun 30, 2018 10.20%
Mar 31, 2018 11.44%
Dec 31, 2017 13.35%
Sep 30, 2017 13.97%
Jun 30, 2017 12.61%
Mar 31, 2017 4.47%
Dec 31, 2016 8.39%
Sep 30, 2016 15.09%
Jun 30, 2016 6.48%