Where do Grand Canyon Education's ratios come from?

Every ratio is computed from Grand Canyon Education's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	24.3%+0.2pp	24%+0.4pp	23.6%-3.3pp	27%+0.3pp	26.6%0.0pp
Net margin	19.5%0.0pp	19.5%+0.2pp	19.4%-2.8pp	22.2%+0.2pp	21.9%0.0pp
Returns
Return on equity	29.8%+1.5pp	28.2%+0.5pp	27.8%-3.0pp	30.8%+0.9pp	29.8%-0.3pp
Return on invested capital	29%-2.4pp	31.4%+2.3pp	29.1%-5.0pp	34.1%+3.0pp	31.1%-3.5pp
Efficiency
Asset turnover	1.1×0.0×	1.1×0.0×	1.1×0.0×	1.1×0.0×	1×0.0×
Liquidity
Current ratio	2.7×-0.9×	3.6×+0.5×	3.2×-0.4×	3.6×+0.1×	3.4×-0.4×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	0×0.0×	-0×-0.1×	0×+0.3×	-0.3×-0.1×	-0.1×+0.6×
Per Share
Book value per share	$25.91-2.8%	$26.65-1.9%	$27.17-1.7%	$27.65+0.8%	$27.42+2.4%

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Questions, answered.

Where do Grand Canyon Education's ratios come from?: Every ratio is computed from Grand Canyon Education's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.