American Public Education APEI
NASDAQ APEI
$37.28 -0.94 (-2.46%)
At close: Nov 6, 2026 · 4:00 PM EST

American Public Education (APEI) Return on Invested Capital [ROIC] (2021 - 2026)

Updated

American Public Education (APEI) reported Return on Invested Capital [ROIC] of 12.25% for Q2 2026, up 4.24 percentage points from 8.00% a year earlier and up 0.79 percentage points from the prior quarter.

Analysis

American Public Education (APEI) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends

For FY2025, American Public Education posted Return on Invested Capital [ROIC] of 8.80%, up 3.20 percentage points from FY2024.

  • Return on Invested Capital [ROIC] has increased for three consecutive years, with a four-year change of +3.90 percentage points (FY2021 to FY2025).
  • By year, Return on Invested Capital [ROIC] came in at 5.59% in FY2024 (+14.88 pp), -9.28% in FY2023 (+11.21 pp), -20.49% in FY2022 (-25.39 pp) and 4.90% in FY2021.
  • The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2021.
  • Year over year, Return on Invested Capital [ROIC] has now increased in each of the last 13 quarters, with an average year-over-year change of +8.52 percentage points over the last eight quarters.
  • The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2024 (a gain of 19.82 percentage points); the low point was Q1 2023 (a drop of 28.87 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 11.45% (Q1 2026), 9.07% (Q4 2025) and 9.30% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Service Corp International 10.06 Bn 9.12 Bn 272.27 Mn 11.09%
2 New Oriental Education & Technology 8.68 Bn -2.70 Bn 20,000.00 14.87%
3 TAL Education 5.79 Bn -6.69 Bn 594.64 Mn -
4 Graham Holdings 5.18 Bn 243.01 Mn 392.25 Mn 3.85%
5 Laureate Education 4.67 Bn 4.02 Bn 131.69 Mn 28.43%
6 Valvoline 4.45 Bn 4.16 Bn 214.90 Mn 8.79%
7 Covista 3.73 Bn 2.90 Bn 290.78 Mn 15.25%
8 Onespaworld Holdings 3.16 Bn 3.05 Bn 49.70 Mn 13.73%
9 Stride 3.11 Bn -66.08 Mn 241.12 Mn 17.09%
10 American Public Education 686.74 Mn -126.71 Mn 95.09 Mn 12.25%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.25%
Mar 31, 2026 11.45%
Dec 31, 2025 9.07%
Sep 30, 2025 9.30%
Jun 30, 2025 8.00%
Mar 31, 2025 6.88%
Dec 31, 2024 5.62%
Sep 30, 2024 5.88%
Jun 30, 2024 5.77%
Mar 31, 2024 -7.85%
Dec 31, 2023 -10.10%
Sep 30, 2023 -13.94%
Jun 30, 2023 -13.83%
Mar 31, 2023 -25.74%
Dec 31, 2022 -22.84%
Sep 30, 2022 -19.42%
Jun 30, 2022 -17.05%
Mar 31, 2022 3.13%
Dec 31, 2021 3.79%
API Access

American Public Education Return on Invested Capital [ROIC] API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=APEI&period=max&api_key=YOUR_API_KEY