American Public Education price to free cash flow APEI

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 12.7×
10-year median: 12.5×
Against its 10-year history: 51st; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.6× to 100.0×
Peer median: 14.5×

American Public Education's price to free cash flow is 12.7× as of Oct 23, 2026.

That is above its ten-year median of 12.5×, close to the middle of its last ten years.

Over that time it ranged from 3.6× in Mar 2023 to 100.0× in Mar 2022.

The median for 9 education and Training Services stocks of a similar size is 14.5×.

Price to free cash flow over time

median 12.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.7×	10.9×	24.2×
2025	11.3×	10.4×	17.8×
2024	17.3×	6.8×	20.2×
2023	16.1×	3.6×	16.1×
2022	4.6×	4.2×	100.0×
2021	29.0×	9.4×	30.6×
2020	10.3×	8.2×	14.0×
2019	10.1×	9.0×	16.7×
2018	13.1×	11.4×	19.0×
2017	12.8×	7.9×	14.1×
2016	9.6×	7.2×	12.1×
2015	10.9×	10.6×	19.8×
2014	20.0×	14.5×	20.1×
2013	14.9×	14.6×	41.9×
2012	36.0×	12.2×	36.6×
2011	19.6×	16.3×	32.8×
2010	22.5×	16.6×	22.5×

Against its peers

Companies in Education & Training Services nearest American Public Education's size, closest first, today.

Company	Price to free cash flow
APEIAmerican Public Education	12.7×
LINCLincoln Educational Services	28.0×
UTIUniversal Technical Institute	n/m
STRAStrategic Education	10.8×
PRDOPERDOCEO EDUCATION	9.7×
LRNStride	6.6×
LOPEGrand Canyon Education	17.5×
CVSACovista	11.4×
LAURLaureate Education	18.8×
LGCYLegacy Education	49.0×
Peer median	14.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on American Public Education

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.