American Public Education (APEI) FCF Margin (2009 - 2026)

American Public Education (APEI) recorded quarterly FCF Margin of 34.78% in Q1 2026, up 452.58% quarter-over-quarter from 9.86% in Q4 2025, and up 1467.0% on a YoY basis from 2.22% in Q1 2025.

American Public Education (APEI) FCF Margin (2009 - 2026) Analysis & Trends

American Public Education's FCF Margin history runs 18 years deep, the most recent figure standing at 34.78% for Q1 2026.

  • In Q1 2026, FCF Margin rose 1467.0% year-over-year to 34.78%; the TTM figure through Mar 2026 stood at 11.2% (up 389.0% YoY), while the FY2025 annual figure was 7.1%, up 266.0% from the prior year.
  • FCF Margin was 34.78% for Q1 2026 at American Public Education, 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.
  • Historically, FCF Margin has averaged 6.5% across 5 years, with a median of 6.83% in 2025.
  • Biggest YoY gain for FCF Margin was 1546 bps in 2022; the steepest drop was 2499 bps in 2022.
  • A 5-year view of FCF Margin shows it stood at 18.71% in 2022, then surged by 74 bps to 4.93% in 2023, then surged by 78 bps to 1.07% in 2024, then sank by 822 bps to 9.86% in 2025, then jumped by 453 bps to 34.78% in 2026.
  • The last three FCF Margin figures came in at 34.78% (Q1 2026), 9.86% (Q4 2025), and 10.73% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 19.66%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 3.93%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 41.97%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 29.13%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 28.01%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -36.65%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -11.94%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 30.51%
10 American Public Education 951.21 Mn 730.21 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%