APEI · American Public Education, Inc.
American Public Education Inc (APEI)
What's happening
- APEI is down 1.85% today, trading at $47.74. — Live quote
- Volume today (9,207) is well below its 3-month average of 291,890. (Finnhub fundamentals)
- Reports earnings on 2026-11-10, 19 days away. (Finnhub earnings calendar)
- Last quarter's EPS beat estimates: $0.52 actual vs. $0.37 estimated (+42.2%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (14 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 |
|---|---|---|---|---|---|
| Market cap | $1.01B | $1.07B | — | $732.3M | — |
| Price/Sales | 1.51 | 1.63 | — | 1.12 | — |
| Price/Book | 3.21 | 3.50 | — | 2.62 | — |
| EV/Revenue | 1.64 | 1.76 | — | 0.97 | — |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 5.5% on the provider's reported measure. Finnhub fundamentals ↗
- Trailing 52-week price return is +29.4%. Finnhub market metrics ↗
Potential concerns
- Net profit margin is 6.8%. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-10-21; review it for current changes and risks. SEC EDGAR ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on APEI
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $171.7M | $174.7M | $158.3M | $163.2M | $162.8M | $164.6M | $164.1M | $153.1M |
| Operating income | $13.5M | $21.6M | — | $9.7M | $7.0M | $12.2M | — | $4.1M |
| Net income | $9.8M | $17.7M | — | $5.6M | $4.5M | $8.9M | — | $2.3M |
| EPS (diluted) | $0.52 | $0.94 | $0.67 | $0.30 | $-0.02 | $0.41 | $0.63 | $0.04 |
| EPS (basic) | $0.53 | $0.97 | $0.70 | $0.31 | $-0.02 | $0.42 | $0.65 | $0.04 |
| Operating margin | $8 | $12 | — | $6 | $4 | $7 | — | $3 |
| Net margin | $6 | $10 | — | $3 | $3 | $5 | — | $1 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $537.7M | $537.9M | $521.4M | $525.3M | $537.4M | $578.7M | $570.1M | $569.6M |
| Total liabilities | $223.7M | $231.7M | $226.6M | $246.0M | $265.1M | $268.6M | $266.2M | $279.2M |
| Stockholders' equity | $314.1M | $306.2M | $294.8M | $279.3M | $272.2M | $310.0M | $303.9M | $290.4M |
| Total current assets | $282.5M | $282.1M | $259.8M | $259.1M | $235.0M | $272.5M | $260.6M | $236.5M |
| Total current liabilities | $87.0M | $94.5M | $75.0M | $91.4M | $82.9M | $83.4M | $79.2M | $89.4M |
| Cash & equivalents | — | — | $174.1M | $191.3M | $174.9M | $161.6M | $131.9M | $135.4M |
| Marketable securities (current) | $76.3M | — | $0 | — | — | — | — | — |
| Accounts receivable | $35.5M | $38.7M | $65.7M | $43.9M | $37.6M | $41.9M | $62.5M | $42.6M |
| Other current assets | — | — | — | — | — | — | — | — |
| Property, plant & equipment | $69.5M | $68.8M | $70.6M | $70.7M | $72.6M | $73.0M | $73.4M | $92.9M |
| Goodwill | $59.6M | $59.6M | $59.6M | $59.6M | $59.6M | $59.6M | $59.6M | $59.6M |
| Intangible assets | $28.2M | $28.2M | $28.2M | $28.2M | $28.2M | $28.2M | $28.2M | $28.2M |
| Other non-current assets | $5.9M | $6.0M | $6.3M | $6.0M | $6.5M | $6.6M | $6.2M | $4.4M |
| Accounts payable | $5.1M | $8.1M | $4.8M | $7.7M | $10.1M | $7.8M | $7.8M | $10.5M |
| Accrued liabilities | $20.3M | $22.6M | $13.4M | $18.0M | $14.1M | $18.8M | $13.7M | $16.0M |
| Deferred revenue (current) | $23.9M | $25.2M | $23.0M | $24.0M | $25.0M | $25.1M | $23.5M | $27.3M |
| Short-term debt | $5.6M | $5.1M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term debt | $81.6M | $83.2M | $94.7M | $94.4M | $94.1M | $93.7M | $93.4M | $93.1M |
| Common stock & paid-in capital | $183.0K | $184.0K | $181.0K | $181.0K | $180.0K | $180.0K | $177.0K | $177.0K |
| Retained earnings | $6.0M | $231.0K | -$16.5M | -$29.1M | -$34.7M | -$34.3M | -$41.8M | -$53.3M |
| Accumulated other comprehensive income (loss) | -$7.0K | $0 | -$18.0K | -$27.0K | -$28.0K | -$48.0K | -$7.0K | $190.0K |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $12.1M | $63.3M | -$11.6M | $21.7M | $14.8M | $37.0M | $1.6M | $14.1M |
| Investing cash flow | -$80.7M | -$2.5M | -$5.7M | -$4.9M | $18.8M | -$3.4M | -$3.4M | -$6.3M |
| Financing cash flow | -$5.9M | -$16.3M | $559.0K | -$248.0K | -$44.5M | -$5.0M | -$1.6M | -$1.7M |
| Free cash flow | $7.4M | $60.8M | -$15.6M | $17.5M | $11.1M | $33.1M | -$1.8M | $7.8M |
| Capital expenditures | $4.7M | $2.5M | $4.1M | $4.2M | $3.7M | $3.9M | $3.4M | $6.3M |
| Share-based compensation | $2.2M | $2.3M | $2.2M | $1.6M | $2.2M | $2.3M | $2.2M | $1.8M |
| Deferred income taxes | — | — | $8.1M | — | — | — | $4.6M | — |
| Change in accounts receivable | -$3.2M | -$27.0M | $21.8M | $8.5M | -$4.3M | -$20.6M | $19.8M | $3.8M |
| Change in accounts payable | -$3.0M | $3.3M | -$2.9M | -$1.2M | $2.2M | $2.0K | -$2.6M | $3.5M |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Other investing activities | — | — | — | — | — | — | — | — |
| Share repurchases | $4.1M | $8.7M | $333.0K | $206.0K | $30.0K | $3.7M | $13.0K | $92.0K |
| Debt issued | $0 | $90.0M | — | — | $0 | $0 | — | — |
| Debt repaid | $1.2M | $96.5M | $53.0K | $53.0K | $54.0K | $53.0K | $81.0K | $82.0K |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $648.9M | $624.6M | $600.5M | $606.3M | $418.8M |
| Operating income | $47.9M | $33.1M | -$48.3M | -$137.3M | $30.4M |
| Net income | $31.6M | $16.1M | -$47.3M | -$115.0M | $17.8M |
| EPS (diluted) | $1.36 | $0.55 | $-2.93 | $-6.08 | $0.97 |
| EPS (basic) | $1.40 | $0.57 | $-2.94 | $-6.10 | $0.98 |
| Operating margin | $7 | $5 | -$8 | -$23 | $7 |
| Net margin | $5 | $3 | -$8 | -$19 | $4 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $521.4M | $570.1M | $557.4M | $615.1M | $725.6M |
| Total liabilities | $226.6M | $266.2M | $265.4M | $265.3M | $310.0M |
| Stockholders' equity | $294.8M | $303.9M | $292.0M | $349.7M | $415.6M |
| Total current assets | $259.8M | $260.6M | $217.4M | $186.1M | $202.6M |
| Total current liabilities | $75.0M | $79.2M | $74.0M | $70.8M | $83.7M |
| Cash & equivalents | $174.1M | $131.9M | $116.7M | $102.5M | — |
| Accounts receivable | $65.7M | $62.5M | $51.0M | $42.4M | $36.0M |
| Other current assets | — | — | — | — | — |
| Property, plant & equipment | $70.6M | $73.4M | $87.5M | $100.9M | $102.4M |
| Goodwill | $59.6M | $59.6M | $59.6M | $112.6M | $243.5M |
| Intangible assets | $28.2M | $28.2M | $31.5M | $54.7M | $85.1M |
| Other non-current assets | $6.3M | $6.2M | $10.0M | $16.5M | $14.0M |
| Accounts payable | $4.8M | $7.8M | $8.7M | $3.8M | $13.5M |
| Accrued liabilities | $13.4M | $13.7M | $11.5M | $13.8M | $10.8M |
| Deferred revenue (current) | $23.0M | $23.5M | $23.8M | $23.8M | $21.8M |
| Short-term debt | $0 | $0 | $0 | $0 | $8.8M |
| Long-term debt | $94.7M | $93.4M | $94.7M | $93.2M | $151.8M |
| Common stock & paid-in capital | $181.0K | $177.0K | $176.0K | $189.0K | $187.0K |
| Retained earnings | -$16.5M | -$41.8M | -$49.1M | $13.9M | $128.9M |
| Accumulated other comprehensive income (loss) | -$18.0K | -$7.0K | $1.6M | $3.1M | $108.0K |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | $62.0M | $48.9M | $45.5M | $29.2M | $16.3M |
| Investing cash flow | $4.8M | -$21.1M | -$13.8M | -$13.7M | -$336.7M |
| Financing cash flow | -$49.2M | -$13.2M | -$16.9M | -$35.7M | $242.3M |
| Free cash flow | $46.1M | $27.8M | $31.6M | $12.8M | $4.4M |
| Capital expenditures | $15.9M | $21.1M | $13.9M | $16.4M | $11.8M |
| Share-based compensation | $8.4M | $7.7M | $7.7M | $8.0M | $7.7M |
| Deferred income taxes | $8.1M | $4.6M | -$15.5M | -$42.7M | $5.5M |
| Change in accounts receivable | $5.3M | $11.5M | $8.6M | $2.0M | $7.6M |
| Change in accounts payable | -$1.9M | -$816.0K | $4.9M | -$10.2M | $8.0M |
| Purchases of investments | — | — | — | — | — |
| Other investing activities | — | — | — | — | — |
| Share repurchases | $4.3M | $4.2M | $10.7M | $1.5M | $3.0M |
| Debt issued | — | — | $0 | $0 | $175.0M |
| Debt repaid | $213.0K | $3.0M | $114.0K | $73.9M | $2.2M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding APEI as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-03-10 to 2026-10-20
Recent transactions
- Insiders have net sold 24,613 shares over the last 182 days, across 0 purchases and 7 sales.
- Most recent: Codispoti Edward H (EVP & Chief Financial Officer) — Tax withholding of 689 shares on 2026-10-20.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Codispoti Edward H | EVP & Chief Financial Officer | Tax withholding | 2026-10-20 | 689 |
| Pianko Daniel S. | Director | Grant / award | 2026-10-01 | 1,106 |
| Fernandes Nuno S. | President, APUS | Option exercise | 2026-08-12 | 8,800 |
| Kenigsberg James | Chief Inno & Tech Officer | Open market sale | 2026-08-12 | 1,313 |
| Beckett Thomas | SVP, General Counsel | Open market sale | 2026-06-22 | 2,000 |
| Braner Michael David | Director | Grant / award | 2026-05-22 | 2,135 |
| Statuto Richard J. | Director | Grant / award | 2026-05-22 | 2,135 |
| Fabrega Anna M. | Director | Grant / award | 2026-05-22 | 2,135 |
| Blevins Granetta B. | Director | Grant / award | 2026-05-22 | 2,135 |
| 325 CAPITAL LLC | See Footnotes | Open market sale | 2026-03-20 | 62,100 |
| Gaffney Karmela | SVP, Chief Marketing Officer | Open market sale | 2026-03-17 | 2,700 |
| Axenson Tanya Joy | SVP, Chief HR Officer | Open market sale | 2026-03-16 | 10,617 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-10-20 | Codispoti Edward H | EVP & Chief Financial Officer | Tax withholding | 689 | $48.56 |
| 2026-10-01 | Pianko Daniel S. | Director | Grant / award | 1,106 | $36.15 |
| 2026-08-12 | Fernandes Nuno S. | President, APUS | Option exercise | 8,800 | $10.66 |
| 2026-08-12 | Fernandes Nuno S. | President, APUS | Open market sale | 8,800 | $45.13 |
| 2026-08-12 | Kenigsberg James | Chief Inno & Tech Officer | Open market sale | 1,313 | $45.72 |
| 2026-08-04 | Kenigsberg James | Chief Inno & Tech Officer | Tax withholding | 2,133 | $53.42 |
| 2026-08-03 | Kenigsberg James | Chief Inno & Tech Officer | Grant / award | 7,573 | $0.00 |
| 2026-07-01 | Pianko Daniel S. | Director | Grant / award | 1,107 | $36.15 |
| 2026-06-22 | Beckett Thomas | SVP, General Counsel | Open market sale | 2,000 | $54.00 |
| 2026-06-15 | Beckett Thomas | SVP, General Counsel | Open market sale | 5,213 | $51.39 |
| 2026-06-15 | Beckett Thomas | SVP, General Counsel | Open market sale | 2,587 | $52.44 |
| 2026-06-15 | Beckett Thomas | SVP, General Counsel | Open market sale | 200 | $53.01 |
| 2026-05-22 | Braner Michael David | Director | Grant / award | 2,135 | $0.00 |
| 2026-05-22 | Kenigsberg James | Int Chief Inno & Tech Officer | Tax withholding | 1,286 | $51.50 |
| 2026-05-22 | Statuto Richard J. | Director | Grant / award | 2,135 | $0.00 |
| 2026-05-22 | Fabrega Anna M. | Director | Grant / award | 2,135 | $0.00 |
| 2026-05-22 | Blevins Granetta B. | Director | Grant / award | 2,135 | $0.00 |
| 2026-05-22 | Pianko Daniel S. | Director | Grant / award | 2,135 | $0.00 |
| 2026-05-13 | Fernandes Nuno S. | President, APUS | Open market sale | 4,500 | $53.34 |
| 2026-04-01 | Pianko Daniel S. | Director | Grant / award | 1,107 | $36.15 |
| 2026-03-20 | 325 CAPITAL LLC | See Footnotes | Open market sale | 62,100 | $53.74 |
| 2026-03-20 | 325 CAPITAL LLC | See Footnotes | Open market sale | 2,900 | $54.60 |
| 2026-03-19 | 325 CAPITAL LLC | See Footnotes | Open market sale | 10,477 | $54.20 |
| 2026-03-19 | 325 CAPITAL LLC | See Footnotes | Open market sale | 80,333 | $54.79 |
| 2026-03-19 | 325 CAPITAL LLC | See Footnotes | Open market sale | 4,702 | $55.55 |
| 2026-03-19 | Fernandes Nuno S. | President, APUS | Open market sale | 1,100 | $54.08 |
| 2026-03-18 | 325 CAPITAL LLC | See Footnotes | Open market sale | 63,500 | $55.41 |
| 2026-03-17 | Gaffney Karmela | SVP, Chief Marketing Officer | Open market sale | 2,700 | $55.87 |
| 2026-03-17 | 325 CAPITAL LLC | See Footnotes | Open market sale | 58,797 | $55.85 |
| 2026-03-16 | 325 CAPITAL LLC | See Footnotes | Open market sale | 61,962 | $55.45 |
| 2026-03-16 | Beckett Thomas | SVP, General Counsel | Open market sale | 2,000 | $57.70 |
| 2026-03-16 | Fernandes Nuno S. | President, APUS | Open market sale | 6,500 | $53.87 |
| 2026-03-16 | Axenson Tanya Joy | SVP, Chief HR Officer | Open market sale | 10,617 | $55.20 |
| 2026-03-16 | Axenson Tanya Joy | SVP, Chief HR Officer | Open market sale | 8,817 | $56.18 |
| 2026-03-16 | Axenson Tanya Joy | SVP, Chief HR Officer | Open market sale | 566 | $56.90 |
| 2026-03-10 | Gaffney Karmela | SVP, Chief Marketing Officer | Grant / award | 14,425 | $0.00 |
| 2026-03-10 | Gaffney Karmela | SVP, Chief Marketing Officer | Tax withholding | 1,469 | $45.51 |
| 2026-03-10 | Fernandes Nuno S. | President, APUS | Grant / award | 13,770 | $0.00 |
| 2026-03-10 | Fernandes Nuno S. | President, APUS | Tax withholding | 1,807 | $45.51 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-21 22:48 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-21 | 4 | 2026-10-20 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-10-01 | View on SEC.gov → |
| 2026-08-13 | 4 | 2026-08-12 | View on SEC.gov → |
| 2026-08-13 | 4 | 2026-08-12 | View on SEC.gov → |
| 2026-08-10 | 8-K | 2026-08-10 | View on SEC.gov → |
| 2026-08-10 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-05 | 4 | 2026-08-03 | View on SEC.gov → |
| 2026-08-05 | 8-K | 2026-08-05 | View on SEC.gov → |
| 2026-07-02 | 4 | 2026-07-01 | View on SEC.gov → |
| 2026-06-23 | 4 | 2026-06-22 | View on SEC.gov → |
| 2026-06-17 | 4 | 2026-06-15 | View on SEC.gov → |
| 2026-05-27 | 4 | 2026-05-22 | View on SEC.gov → |
Recent news
Headlines about APEI (American Public Education, Inc.). Links open the publisher — we don’t host full articles.
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Yahoo! Finance Canada · 2026-10-21 -
Responsive Playbooks and the APEI Inflection
Stock Traders Daily · 2026-10-20 -
American Public Education: Operating Leverage Leads To Share Gains (NASDAQ:APEI)
Seeking Alpha · 2026-10-20 -
American Public Education: Operating Leverage Leads To Share Gains
SeekingAlpha · 2026-10-20 -
APEI Mar 2027 40.000 call (APEI270319C00040000) stock price, news, quote and history
Yahoo Finance UK · 2026-10-19 -
APEI Dec 2026 35.000 put (APEI261218P00035000) Interactive Stock Chart
Yahoo! Finance Canada · 2026-10-19 -
American Public University System Hosts System-wide Virtual Career Fair "Pathways to Possibilities"
Yahoo · 2026-10-14 -
American Military University & American Public University Launch New AI Certificate, Two New Finance Programs and Six New Microcredentials for First Responders
Yahoo · 2026-10-12
No headlines in this category right now — try “All”.