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American Public Education APEI Q4 2024 Annual earnings

Reported March 6, 2025 · After market close

Revenue$164.1MBeat by $2.4M
EPS$0.63Beat by $0.09
Revenue estimate$161.7M
EPS estimate$0.54

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$170.9M
EPS estimate$0.36

Financials

Q4 2024

Income statement

See full
Revenue$164.1M+7.4%
Gross profit$92.4M+12.7%
Operating income$21.5M
Net income$11.5M+0.3%
EPS (diluted)$0.63-1.6%

Balance sheet

See full
Cash & equivalents$158.9M+10.1%
Total debt$200.6M-2.0%
Total equity$303.9M+4.1%
Total assets$570.1M+2.3%

Cash flow

See full
Operating cash flow$1.6M
CapEx$3.4M-23.6%
Free cash flow-

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$382.05M+123%
Enterprise value$423.73M+82.6%
P/E26.1×
P/S0.6×+0.3×

Profitability

See full
Gross margin52.7%+1.4pp
Operating margin5.3%
Net margin2.3%+1.3pp
FCF margin4.7%

Returns & leverage

See full
Return on equity4.9%+2.8pp
Debt / equity0.7×0.0×
Current ratio3.3×+0.4×

Segments

By product

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Instructional services, net of grants and scholarships$150.8M+6.9%
Textbook and other course materials$11.6M+14.6%
Other fees$1.1M+13.9%
Graduation fees$541.0K-13.6%

Versus estimates

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Questions, answered.

When did American Public Education report Q4 2024 earnings?
American Public Education (APEI) reported Q4 2024 earnings on March 6, 2025 after market close.
What were American Public Education's Q4 2024 revenue and EPS?
American Public Education reported revenue of $164.1M and eps of $0.63 for Q4 2024.
Did American Public Education beat estimates in Q4 2024?
Revenue beat the consensus estimate of $161.7M by $2.4M. EPS beat the consensus estimate of $0.54 by $0.09.
Where can I find American Public Education's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001201792-25-000004) directly on SEC EDGAR. The filing index links above go to sec.gov.