Employees: 5,841
Size American Public Education (APEI) is a United States Consumer Discretionary company (Other Consumer Services) with a market value of $682M, the 2501st largest of 3,117 United States companies the cockpit tracks. Shares closed at $37.28 on 6 Nov 2026.
Performance Over six months the shares fell 33.8%, against -10.4% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 3.6% over the last twelve months (peer median +2.2%); the operating margin is 10.2% (peer median 13.1%).
Valuation It trades at 14.5× forward earnings against a peer median of 17.4× (4th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 11.0 points above its cost of capital (11.0% WACC).
Short interest Short interest is 14.1% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $668M | $649M | $625M | $601M | $606M |
| Revenue growth | — | +4% | +4% | -1% | — |
| Gross profit | $357M | $336M | $310M | $280M | $286M |
| EBITDA | $84.3M | $70.0M | $58.1M | $46.5M | $44.8M |
| Net income | $45.7M | $31.6M | $16.1M | -$47.3M | -$115M |
| Free cash flow | $70.1M | $46.1M | $27.8M | $31.6M | $12.8M |
| Capital expenditure | $15.5M | $15.9M | $21.1M | $13.9M | $16.4M |
| Total debt | $153M | $163M | $201M | $205M | $209M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | APEI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.0% | -1.4% | lowest of 21 |
| 6-month return | -33.8% | -10.4% | 4th lowest of 21 |
| Distance from 52-week high | -39.5% | -35.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +3.6% | +2.2% | 10th highest of 21 |
| Operating margin | 10.2% | 13.1% | 9th lowest of 21 |
| Forward P/E | 14.5× | 17.4× | 4th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 0.4% | 1.8% | 6th least demanding of 16 |
| Growth delivered (Del g) | +15.1% | +25.6% | 5th lowest of 16 |
| Hurdle (Req g minus delivered) | -14.6 pp | -24.1 pp | 7th most demanding of 16 |
| ROIC minus cost of capital | +11.0 pp | +4.1 pp | 7th highest of 19 |
| EV / EBITDA | 7.3× | 7.3× | 6th cheapest of 14 |
| Net debt / EBITDA | -0.8× | -0.5× | 6th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| American Public Education APEI | United States | $682M | -34% | +4% | 10% | 14.5× | 0.4% | +15.1% |
| Lijiang Yulong Tourism 002033.SZ | China | $687M | -12% | +8% | 37% | 18.3× | 0.8% | +14.8% |
| eDreams ODIGEO EDR.MC | Spain | $637M | +59% | -3% | 12% | 15.5× | 2.9% | +44.2% |
| China CYTS Tours 600138.SS | China | $737M | -25% | +15% | 3% | 43.9× | 1.5% | +9.7% |
| UTour 002707.SZ | China | $740M | -15% | -9% | 2% | 76.6× | 9.7% | +33.8% |
| China Gingko Education 1851.HK | Hong Kong | $629M | +56% | +14% | 38% | n/a | 5.9% | +16.9% |
| Yunnan Tourism 002059.SZ | China | $606M | -19% | -24% | -62% | n/a | n/a | n/a |
| Curves 7085.T | Japan | $601M | +27% | +16% | 18% | 16.7× | -0.7% | +11.9% |
| Emei Shan Tourism 000888.SZ | China | $789M | -16% | -8% | 15% | 21.7× | 3.2% | +15.1% |
| Dalian Sunasia Tourism 600593.SS | China | $793M | +19% | +5% | 32% | n/a | n/a | n/a |
| Beauty Farm Medical & Health Industry 2373.HK | Hong Kong | $585M | -9% | +23% | 16% | 8.7× | -16.4% | +14.0% |
| Caissa Tourism 000796.SZ | China | $805M | -36% | +42% | -10% | n/a | n/a | n/a |
| Mader MAD.AX | Australia | $806M | -29% | +15% | 9% | 15.7× | 5.2% | +26.9% |
| China Travel International Investment Hong Kong 0308.HK | Hong Kong | $809M | 0% | -7% | 11% | 23.4× | 5.4% | +15.7% |
| TripAdvisor TRIP | United States | $820M | -38% | -4% | 5% | 10.1× | -6.6% | +25.6% |
| Lungyen Life Service 5530.TWO | Taiwan | $565M | +1% | -17% | 20% | n/a | n/a | n/a |
| Shaanxi Tourism Culture Industry 603402.SS | China | $832M | -36% | -18% | 54% | 18.7× | -15.9% | +27.6% |
| Dongguan Kingsun Optoelectronic 002638.SZ | China | $849M | -16% | -24% | -34% | n/a | n/a | n/a |
| Webbeds WEB.AX | Australia | $871M | +45% | +20% | 25% | 15.7× | 4.5% | +50.3% |
| Trainline TRN.L | United Kingdom | $887M | -5% | +1% | 27% | 7.9× | -8.0% | +46.5% |
| Voyageurs du Monde ALVDM.PA | France | $896M | +28% | +4% | 8% | 18.1× | 1.8% | +46.3% |