Growth Metrics

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

Quarterly Net Margin rose 561.0% to 10.15% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 5.4% through Mar 2026, up 248.0% year-over-year, with the annual reading at 3.9% for FY2025, 229.0% up from the prior year.

American Public Education's Net Margin history spans 18 years, with the latest figure at 10.15% for Q1 2026.

  • Net Margin came in at 10.15% for Q1 2026, up from 7.96% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.15% in Q1 2026 to a low of 73.54% in Q2 2022.
  • The 5-year median for Net Margin is 0.2% (2025), against an average of 4.78%.
  • Year-over-year, Net Margin tumbled -7423bps in 2022 and then skyrocketed 3773bps in 2023.
  • American Public Education's Net Margin stood at 4.32% in 2022, then surged by 274bps to 7.51% in 2023, then fell by -7bps to 7.01% in 2024, then grew by 14bps to 7.96% in 2025, then grew by 27bps to 10.15% in 2026.
  • Per Business Quant, the three most recent readings for APEI's Net Margin are 10.15% (Q1 2026), 7.96% (Q4 2025), and 3.41% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -17.22%
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 2.49%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 0.21%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 24.40%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 14.16%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 24.33%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.22%
8 Strategic Education 1.71 Bn 1.55 Bn - 10.72%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 3.03%
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 10.15%

Historic Data

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DateValue
Mar 31, 2026 10.15%
Dec 31, 2025 7.96%
Sep 30, 2025 3.41%
Jun 30, 2025 -0.20%
Mar 31, 2025 4.53%
Dec 31, 2024 7.01%
Sep 30, 2024 0.48%
Jun 30, 2024 -0.76%
Mar 31, 2024 -0.66%
Dec 31, 2023 7.51%
Sep 30, 2023 -3.22%
Jun 30, 2023 -35.81%
Mar 31, 2023 -4.81%
Dec 31, 2022 -4.32%
Sep 30, 2022 -2.52%
Jun 30, 2022 -73.54%
Mar 31, 2022 3.45%
Dec 31, 2021 6.09%
Sep 30, 2021 -0.27%
Jun 30, 2021 0.68%
Mar 31, 2021 9.16%
Dec 31, 2020 8.24%
Sep 30, 2020 3.34%
Jun 30, 2020 8.14%
Mar 31, 2020 3.24%
Dec 31, 2019 7.69%
Sep 30, 2019 -2.44%
Jun 30, 2019 6.97%
Mar 31, 2019 3.40%
Dec 31, 2018 11.86%
Sep 30, 2018 7.96%
Jun 30, 2018 8.83%
Mar 31, 2018 6.39%
Dec 31, 2017 14.03%
Sep 30, 2017 5.90%
Jun 30, 2017 5.27%
Mar 31, 2017 5.90%
Dec 31, 2016 8.70%
Sep 30, 2016 0.47%
Jun 30, 2016 8.50%