PRDO · Perdoceo Education Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $846.10M | $681.26M | $710.00M | $695.21M | $693.03M | $687.31M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $410.92M | $367.05M | $398.08M | $426.12M | $418.51M | $417.21M |
| Total Operating Expenses | $650.10M | $507.01M | $559.56M | $565.57M | $544.02M | $544.38M |
| D&A | $41.63M | $14.64M | $16.89M | $19.73M | $16.77M | $14.79M |
| Operating Income | $196.00M | $174.25M | $150.45M | $129.64M | $149.02M | $142.93M |
| Interest Expense | $6.46M | $613.0K | $404.0K | $400.0K | $920.0K | $167.0K |
| Income Tax | $56.92M | $53.85M | $44.47M | $38.40M | $39.43M | $22.48M |
| Net Income | $159.91M | $147.59M | $147.65M | $95.87M | $109.64M | $124.26M |
| EPS - Basic | $2.47 | $2.25 | $2.22 | $1.41 | $1.57 | $1.79 |
| EPS - Diluted | $2.42 | $2.19 | $2.18 | $1.39 | $1.55 | $1.74 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $110.97M | $109.13M | $118.01M | $109.41M | $319.98M | $105.68M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $4.05M | $3.39M | $5.00M | $1.90M | $904.0K | $596.0K |
| Accounts Payable | $14.27M | $12.80M | $10.77M | $13.52M | $10.84M | $13.26M |
| Current Assets | $696.86M | $640.15M | $654.96M | $575.12M | $554.45M | $467.06M |
| Total Assets | $1.25B | $1.24B | $1.01B | $957.37M | $847.43M | $721.52M |
| Current Liabilities | $137.81M | $132.16M | $111.04M | $163.38M | $140.24M | $103.81M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $972.41M | $959.54M | $841.42M | $725.85M | $650.11M | $555.91M |
| Retained Earnings | $718.37M | $595.67M | $480.61M | $347.84M | $251.97M | $142.34M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $225.24M | $161.59M | $112.03M | $148.19M | $191.12M | $179.96M |
| Investing Cash Flow | ($53.64M) | ($107.78M) | ($88.51M) | ($326.75M) | $54.32M | ($165.91M) |
| Financing Cash Flow | ($171.07M) | ($41.08M) | ($23.38M) | ($27.73M) | ($29.95M) | ($13.05M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 23.2% | 25.6% | 21.2% | 18.6% | 21.5% | 20.8% |
| EBITDA margin | 28.1% | 27.7% | 23.6% | 21.5% | 23.9% | 22.9% |
| Net margin | 18.9% | 21.7% | 20.8% | 13.8% | 15.8% | 18.1% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 48.6% | 53.9% | 56.1% | 61.3% | 60.4% | 60.7% |
| Effective tax rate | 26.3% | 26.7% | 23.1% | 28.6% | 26.5% | 15.3% |
| Return on assets | 12.8% | 11.9% | 14.7% | 10.0% | 12.9% | 17.2% |
| Return on equity | 16.4% | 15.4% | 17.5% | 13.2% | 16.9% | 22.4% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 5.06 | 4.84 | 5.90 | 3.52 | 3.95 | 4.50 |
| Quick ratio | 5.03 | 4.82 | 5.85 | 3.51 | 3.95 | 4.49 |
| Cash ratio | 0.81 | 0.83 | 1.06 | 0.67 | 2.28 | 1.02 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 30.3x | 284.3x | 372.4x | 324.1x | 162.0x | 855.9x |
| Equity multiplier | 1.28 | 1.29 | 1.20 | 1.32 | 1.30 | 1.30 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.68 | 0.55 | 0.70 | 0.73 | 0.82 | 0.95 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 12.1x | 12.1x | 8.1x | 10.0x | 7.6x | 7.3x |
| P / B | 2.0x | 1.9x | 1.4x | 1.3x | 1.3x | 1.6x |
| P / S | 2.3x | 2.6x | 1.7x | 1.4x | 1.2x | 1.3x |
| EV / EBITDA | 7.7x | 8.8x | 6.4x | 5.7x | 3.1x | 5.0x |
| Growth | ||||||
| Revenue growth (YoY) | 24.2% | -4.0% | 2.1% | 0.3% | 0.8% | 9.5% |
| Revenue CAGR (3y) | 6.8% | -0.6% | 1.1% | 3.5% | -0.5% | 4.8% |
| Revenue CAGR (5y) | 4.2% | 1.7% | 0.2% | 3.1% | -0.3% | -4.1% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.5% | 15.8% | 16.1% | -13.0% | 4.3% | 65.3% |
| Net income growth (YoY) | 8.4% | -0.0% | 54.0% | -12.6% | -11.8% | 77.6% |
| EPS growth (YoY) | 10.5% | 0.5% | 56.8% | -10.3% | -10.9% | 79.4% |
| EPS CAGR (3y) | 20.3% | 12.2% | 7.8% | 12.7% | 26.3% | - |
| EPS CAGR (5y) | 6.8% | 17.7% | 23.1% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 1.3% | 14.0% | 15.9% | 11.6% | 16.9% | 28.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$462.30M totalUniversity Group$461.60M · 99.8%
Corporate And Other$698.0K · 0.2%
Product / service
$846.10M totalTuition And Fees Net$841.40M · 99.4%
Product And Service Other$4.69M · 0.6%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Educational Services
Comparing PERDOCEO EDUCATION Corp against the 5 most active filers in the same SIC group.
Dividends
$0.60/share trailing 12 months · +15.4% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.1500 |
| Mar 2, 2026 | $0.1500 |
| Nov 28, 2025 | $0.1500 |
| Sep 2, 2025 | $0.1500 |
| May 30, 2025 | $0.1300 |
| Feb 28, 2025 | $0.1300 |
| Dec 2, 2024 | $0.1300 |
| Aug 30, 2024 | $0.1300 |
| May 31, 2024 | $0.1100 |
| Feb 29, 2024 | $0.1100 |
| Nov 30, 2023 | $0.1100 |
| Aug 31, 2023 | $0.1100 |