American Public Education (APEI) Ratios
American Public Education Ratios
MX:APEI's free cash flow for Q2 2026 was $7.40M. For the 2026 fiscal year, MX:APEI's free cash flow was decreased by $-4.74M and operating cash flow was $12.14M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.46 | 3.29 | 2.94 | 2.63 | 2.42 |
| Quick Ratio | 3.46 | 3.29 | 2.94 | 2.63 | 2.42 |
| Cash Ratio | 2.35 | 1.67 | 1.58 | 1.83 | 1.47 |
| Solvency Ratio | 0.19 | 0.13 | -0.07 | -0.25 | 0.11 |
| Operating Cash Flow Ratio | 0.83 | 0.62 | 0.62 | 0.41 | 0.19 |
| Short-Term Operating Cash Flow Coverage | 5.45 | 0.00 | 0.00 | 2.03 | 0.72 |
| Net Current Asset Value | $ 11.17M | $ -5.65M | $ -48.03M | $ -149.43M | $ -107.36M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.30 | 0.35 | 0.37 | 0.30 | 0.35 |
| Debt-to-Equity Ratio | 0.55 | 0.66 | 0.70 | 0.60 | 0.62 |
| Debt-to-Capital Ratio | 0.36 | 0.40 | 0.41 | 0.37 | 0.38 |
| Long-Term Debt-to-Capital Ratio | 0.24 | 0.24 | 0.24 | 0.21 | 0.27 |
| Financial Leverage Ratio | 1.84 | 1.88 | 1.91 | 1.96 | 1.75 |
| Debt Service Coverage Ratio | 3.33 | 19.72 | -2.19 | -2.03 | 1.52 |
| Interest Coverage Ratio | 12.73 | 15.55 | -10.83 | -7.75 | 7.10 |
| Debt to Market Cap | 0.16 | 0.25 | 0.54 | 0.46 | 0.43 |
| Interest Debt Per Share | 9.28 | 11.50 | 11.55 | 12.02 | 14.47 |
| Net Debt to EBITDA | -0.21 | 1.31 | -4.30 | -0.78 | 2.80 |
| Profitability Margins | |||||
| Gross Profit Margin | 51.74% | 52.65% | 51.23% | 52.42% | 58.78% |
| EBIT Margin | 7.39% | 5.29% | -8.04% | -22.02% | 7.25% |
| EBITDA Margin | 9.88% | 8.38% | -3.41% | -16.72% | 11.51% |
| Operating Profit Margin | 8.30% | 5.29% | -8.04% | -22.65% | 7.25% |
| Pretax Profit Margin | 6.74% | 4.95% | -9.66% | -24.95% | 6.03% |
| Net Profit Margin | 4.86% | 2.58% | -7.87% | -18.97% | 4.24% |
| Continuous Operations Profit Margin | 4.86% | 3.29% | -7.87% | -18.97% | 4.24% |
| Net Income Per EBT | 72.20% | 52.08% | 81.53% | 76.02% | 70.27% |
| EBT Per EBIT | 81.15% | 93.57% | 120.07% | 110.14% | 83.18% |
| Return on Assets (ROA) | 5.81% | 2.83% | -8.48% | -16.78% | 2.45% |
| Return on Equity (ROE) | 10.71% | 5.30% | -16.20% | -32.88% | 4.27% |
| Return on Capital Employed (ROCE) | 11.50% | 6.74% | -9.99% | -22.35% | 4.73% |
| Return on Invested Capital (ROIC) | 8.11% | 4.35% | -7.93% | -16.60% | 3.15% |
| Return on Tangible Assets | 6.93% | 3.34% | -10.14% | -22.20% | 4.47% |
| Earnings Yield | 4.64% | 4.24% | -27.05% | -49.61% | 4.41% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.88 | 9.85 | 11.67 | 13.41 | 10.13 |
| Payables Turnover | 64.95 | 37.68 | 33.81 | 75.75 | 12.79 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 5.06 | 3.71 | 3.20 | 2.89 | 2.32 |
| Asset Turnover | 1.19 | 1.10 | 1.08 | 0.88 | 0.58 |
| Working Capital Turnover Ratio | 3.54 | 3.85 | 4.64 | 5.18 | 2.65 |
| Cash Conversion Cycle | 31.32 | 27.37 | 20.47 | 22.41 | 7.48 |
| Days of Sales Outstanding | 36.94 | 37.06 | 31.27 | 27.22 | 36.02 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 5.62 | 9.69 | 10.80 | 4.82 | 28.54 |
| Operating Cycle | 36.94 | 37.06 | 31.27 | 27.22 | 36.02 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.44 | 2.77 | 2.51 | 1.55 | 0.90 |
| Free Cash Flow Per Share | 2.56 | 1.58 | 1.75 | 0.68 | 0.25 |
| Dividend Paid and CapEx Coverage Ratio | 3.33 | 1.80 | 2.29 | 1.78 | 1.38 |
| Capital Expenditure Coverage Ratio | 3.91 | 2.32 | 3.28 | 1.78 | 1.38 |
| Operating Cash Flow Coverage Ratio | 0.38 | 0.24 | 0.22 | 0.14 | 0.06 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.08 | 0.08 | 0.05 | 0.04 |
| Free Cash Flow Yield | 6.77% | 7.31% | 18.09% | 5.53% | 1.10% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 27.00 | 37.84 | -3.70 | -2.02 | 22.67 |
| Price-to-Sales (P/S) Ratio | 1.05 | 0.61 | 0.29 | 0.38 | 0.96 |
| Price-to-Book (P/B) Ratio | 2.31 | 1.25 | 0.60 | 0.66 | 0.97 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 14.77 | 13.68 | 5.53 | 18.07 | 90.69 |
| Price-to-Operating Cash Flow Ratio | 10.99 | 7.78 | 3.84 | 7.93 | 24.74 |
| Price-to-Earnings Growth (PEG) Ratio | 0.19 | -0.32 | 0.07 | 0.00 | -0.99 |
| Enterprise Value Multiple | 10.41 | 8.57 | -12.83 | -3.07 | 11.14 |
| Enterprise Value | 667.28M | 448.87M | 262.85M | 311.29M | 537.18M |
| EV to EBITDA | 10.41 | 8.57 | -12.83 | -3.07 | 11.14 |
| EV to Sales | 1.03 | 0.72 | 0.44 | 0.51 | 1.28 |
| EV to Free Cash Flow | 14.47 | 16.15 | 8.31 | 24.27 | 121.07 |
| EV to Operating Cash Flow | 10.77 | 9.18 | 5.78 | 10.66 | 33.03 |
| Tangible Book Value Per Share | 11.49 | 12.26 | 11.09 | 9.67 | 4.81 |
| Shareholders’ Equity Per Share | 16.37 | 17.24 | 16.12 | 18.54 | 22.98 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.28 | 0.34 | 0.18 | 0.24 | 0.30 |
| Revenue Per Share | 36.03 | 35.44 | 33.16 | 32.15 | 23.16 |
| Net Income Per Share | 1.75 | 0.91 | -2.61 | -6.10 | 0.98 |
| Tax Burden | 0.72 | 0.52 | 0.82 | 0.76 | 0.70 |
| Interest Burden | 0.91 | 0.94 | 1.20 | 1.13 | 0.83 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.43 | 0.43 | 0.21 | 0.20 | 0.25 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Income Quality | 1.96 | 3.03 | -0.96 | -0.25 | 0.92 |
Currency in USD
