American Public Education profit margin APEI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 6.8%
- Operating margin, 12 months
- 9.6%
- Net margin on a year earlier
- +2.4 pts
- Peer median
- 12.9%
Over the twelve months to Jun 30, 2026, American Public Education kept 6.8% of its revenue as net profit, with an operating margin of 9.6% and a gross margin of 55.9%.
Five years earlier its net margin was 5.5%.
The median for 9 education and Training Services stocks of a similar size is 12.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.9% | 7.4% | 54.2% |
| FY2024 | 2.6% | 5.3% | 52.7% |
| FY2023 | −7.9% | −8.0% | 51.2% |
| FY2022 | −19.0% | −22.7% | 52.4% |
| FY2021 | 4.2% | 7.3% | 58.8% |
| FY2020 | 5.8% | 7.7% | 62.0% |
| FY2019 | 3.5% | 4.5% | 60.9% |
| FY2018 | 8.6% | 10.9% | 61.3% |
| FY2017 | 7.1% | 11.6% | n/a |
| FY2016 | 7.7% | 12.2% | n/a |
| FY2015 | 9.9% | 15.9% | n/a |
| FY2014 | 11.7% | 18.8% | n/a |
| FY2013 | 12.8% | 20.5% | n/a |
| FY2012 | 13.5% | 21.9% | n/a |
| FY2011 | 15.7% | 24.1% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.8% | +2.4 pts | 9.6% | |
| Q1 FY26 | 6.1% | +2.3 pts | 8.7% | |
| Q4 FY25 | 4.9% | +2.3 pts | 7.4% | |
| Q3 FY25 | 4.9% | +2.2 pts | 7.7% | |
| Q2 FY25 | 4.4% | +2.7 pts | 7.0% | |
| Q1 FY25 | 3.9% | +10.6 pts | 6.3% | |
| Q4 FY24 | 2.6% | +10.5 pts | 5.3% | |
| Q3 FY24 | 2.6% | +13.8 pts | 4.5% | |
| Q2 FY24 | 1.7% | +13.0 pts | 4.9% | |
| Q1 FY24 | −6.8% | +14.2 pts | −6.2% | |
| Q4 FY23 | −7.9% | +11.1 pts | −8.0% | |
| Q3 FY23 | −11.1% | +5.2 pts | −10.7% |
Against its peers
Companies in Education & Training Services nearest American Public Education's size, closest first, today.
| Company | Profit margin |
|---|---|
| APEIAmerican Public Education | 6.8% |
| LINCLincoln Educational Services | 4.0% |
| UTIUniversal Technical Institute | 3.9% |
| STRAStrategic Education | 10.5% |
| PRDOPERDOCEO EDUCATION | 20.6% |
| LRNStride | 13.2% |
| LOPEGrand Canyon Education | 19.6% |
| CVSACovista | 12.9% |
| LAURLaureate Education | 17.6% |
| LGCYLegacy Education | 11.4% |
| Peer median | 12.9% |
Where American Public Education ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on American Public Education
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.