What is American Public Education's D&A?

American Public Education (APEI) reported D&A of $4.15M in Q1 2026.

How has American Public Education's D&A changed year-over-year?

American Public Education's D&A increased by 4.1% year-over-year, from $3.99M to $4.15M.

What is the long-term trend for American Public Education's D&A?

Over 4 years (2021 to 2025), American Public Education's D&A has grown at a -2.4% compound annual growth rate (CAGR), from $17.83M to $16.15M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

American Public Education APEI D&A

D&A at other companies

Strategic Education, Inc.STRA

$10.93M-2.4%

Universal Technical InstituteUTI

$9.05M+11.1%

PRD

Perdoceo EducationPRDO

$9.35M-20.8%

Segments

By segment

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Health+$2.72M—

Military+ Segment$1.06M—

Other financials

Income statement

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Revenue$174.7M+6.2%

Gross profit$100.1M+11.7%

Operating income$21.6M+76.7%

Net income$17.7M+99.4%

EPS (diluted)$0.94+129%

Balance sheet

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Cash & equivalents$221.0M+17.9%

Total debt$153.5M-22.8%

Total equity$306.2M-1.2%

Total assets$537.9M-7.0%

Cash flow

See full

Operating cash flow$63.3M+71.1%

CapEx$2.5M-35.2%

Free cash flow$60.8M+83.6%

Valuation

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Market cap$981.93M+82.7%

Enterprise value$914.39M+66.7%

P/E24.3×+1.0×

P/S1.5×+0.6×

Profitability

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Gross margin55%+2.0pp

Operating margin8.7%+2.4pp

Net margin6.1%+2.5pp

FCF margin9.4%—

Returns & leverage

See full

Return on equity13.1%+5.4pp

Debt / equity0.5×-0.1×

Current ratio3×-0.3×

Where this comes from

Reported directly by American Public Education in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

The official record: American Public Education’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Public Education's D&A?: American Public Education (APEI) reported D&A of $4.15M in Q1 2026.
How has American Public Education's D&A changed year-over-year?: American Public Education's D&A increased by 4.1% year-over-year, from $3.99M to $4.15M.
What is the long-term trend for American Public Education's D&A?: Over 4 years (2021 to 2025), American Public Education's D&A has grown at a -2.4% compound annual growth rate (CAGR), from $17.83M to $16.15M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.