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Provider of educational support services to Grand Canyon University and other university partners, including online/hybrid programs.
Provider of educational support services to Grand Canyon University and other university partners, including online/hybrid programs.
Earns a share of the tuition and fees collected by the universities it supports, mainly Grand Canyon University, in return for running marketing, enrolment, technology and student services, so the university's enrolment decides its revenue. The 2018 sale of the university to a nonprofit, with a long services agreement attached, formed the current model.
Moat: narrow (scale, switching costs, brand). Deep, long-term operating agreement with Grand Canyon University creates a sticky, high-margin service relationship.
Headquarters: Phoenix, Arizona · Founded: 2008 · Employees: 2,700
Size Grand Canyon Education (LOPE) is a United States Consumer Discretionary company (Miscellaneous Commercial Services) with a market value of $3.07B, the 1533rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $117.69 on 6 Nov 2026.
Performance Over six months the shares fell 29.1%, against -7.7% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 8 in its peer set.
Growth Revenue grew 7.0% over the last twelve months (peer median +9.2%); the operating margin is 27.8% (peer median 16.2%).
Valuation It trades at 11.1× forward earnings against a peer median of 9.8× (3rd most expensive of 8).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 42.1 points above its cost of capital (8.1% WACC).
Credit Grand Canyon Education has 1 bond outstanding ($400M).
Short interest Short interest is 8.5% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.14B | $1.11B | $1.03B | $961M | $911M |
| Revenue growth | — | +7% | +8% | +5% | — |
| Gross profit | $600M | $580M | $536M | $495M | $283M |
| EBITDA | $359M | $344M | $314M | $281M | $269M |
| Net income | $224M | $216M | $226M | $205M | $185M |
| Free cash flow | $243M | $239M | $253M | $199M | $186M |
| Capital expenditure | $36.2M | $34.9M | $37.7M | $45.4M | $35.6M |
| Total debt | $104M | $107M | $109M | $99.3M | $77.4M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Grand Canyon Education LOPE | $3.07B | -29% | +7% | 28% | 11.1× | -7.3% |
| Coursera COUR | $989M | -35% | +44% | -4% | 6.4× | n/a |
| Strategic Education STRA | $1.16B | -35% | +4% | 16% | 7.9× | -12.6% |
| Perdoceo Education PRDO | $1.68B | -25% | +12% | 25% | 9.1× | -16.0% |
| American Public Education APEI | $682M | -34% | +4% | 10% | 14.5× | 0.4% |
| Laureate Education LAUR | $4.56B | +2% | +21% | 26% | 14.5× | -6.7% |
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 | LOPE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -26.6% | -18.6% | 2nd lowest of 8 |
| 6-month return | -29.1% | -7.7% | 2nd lowest of 8 |
| Distance from 52-week high | -35.4% | -23.2% | 4th lowest of 8 |
| Revenue growth (TTM) | +7.0% | +9.2% | 4th lowest of 8 |
| Operating margin | 27.8% | 16.2% | highest of 8 |
| Forward P/E | 11.1× | 9.8× | 3rd most expensive of 8 |
| Growth the price implies (Req g, 7 yrs) | -7.3% | -4.2% | least demanding of 5 |
| Growth delivered (Del g) | +5.6% | +6.6% | 3rd highest of 5 |
| Hurdle (Req g minus delivered) | -12.9 pp | -8.6 pp | 2nd least demanding of 5 |
| ROIC minus cost of capital | +42.1 pp | +1.7 pp | highest of 8 |
| EV / EBITDA | 8.1× | 8.3× | 3rd cheapest of 6 |
| Net debt / EBITDA | -0.5× | 2.1× | 2nd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Grand Canyon Education LOPE | United States | $3.07B | -29% | +7% | 28% | 11.1× | -7.3% | +5.6% |
| Bright Horizons Family Solutions BFAM | United States | $2.57B | -24% | +7% | 10% | 9.8× | 5.0% | +14.1% |
| McGraw Hill MH | United States | $2.08B | -8% | 0% | 16% | 5.6× | -5.6% | +2.6% |
| Laureate Education LAUR | United States | $4.56B | +2% | +21% | 26% | 14.5× | -6.7% | +10.7% |
| TAL Education Group Sponsored ADR TAL | United States | $4.77B | -8% | +26% | 16% | 9.8× | n/a | n/a |
| ADT ADT | United States | $6.66B | +44% | +2% | 25% | 10.3× | -2.9% | -0.7% |
| Universal Technical Institute UTI | United States | $1.10B | +49% | +9% | 5% | 30.1× | n/a | n/a |
| Coursera COUR | United States | $989M | -35% | +44% | -4% | 6.4× | n/a | n/a |
Grand Canyon Education has 1 bond outstanding with $400M face value.