Perdoceo Education Corp (PRDO)

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates through three segments: Colorado Technical University (CTU), The American InterContinental University System (AIUS), and University of St. Augustine for Health Sciences (USAHS). The CTU segment offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice. Its AIUS segment provides academic programs in the career-oriented disciplines of business studies, information technologies, education, and behavioral sciences. The USAHS segment offers graduate health sciences degrees in physical therapy, occupational therapy, speech language therapy, and nursing, as well as continuing education programs. The company also provides non-degree seeking and professional development programs. In addition, it operates intellipath, a learning platform, as well as a mobile application and two-way messaging platform. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is headquartered in Schaumburg, Illinois.

Symbol
PRDO
Exchange
Nasdaq
Sector
Consumer Defensive
Industry
Education & Training Services
Market cap
$1.95B
52 week range
26.66 - 38.5

Valuation

Share price
$31.44 (close of 2026-09-23)
P/E (TTM)
11.15x
Price to book
1.89x
Price to free cash flow
8.67x
Enterprise value
$1.91B
Book value per share
$16.51

Price performance

PeriodChange
1 day-2.75%
5 days-4.50%
1 month-4.78%
3 months-3.91%
6 months-12.25%
Year to date+7.19%
1 year-11.88%
3 years+85.93%
5 years+198.01%
10 years+355.65%
All time+1204.56%

Profitability and growth

Return on equity
16.45%
Return on invested capital
14.19%
Return on assets
12.82%
Return on capital employed
17.66%
Gross margin
71.73%
Net margin
18.90%
EBITDA margin
28.09%
Revenue growth
24.20%
Net income growth
8.35%
Free cash flow growth
39.39%

Cash flow and balance sheet

Free cash flow yield (TTM)
11.53%
Current ratio
4.69x
Net debt to EBITDA
-0.18x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$846.10M
Cost of revenue
$239.17M
Gross profit
$606.92M
EBITDA
$237.63M
Net income
$159.91M
Earnings per share
$2.47
Shares outstanding
64.81M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$846.10M$606.92M$159.91M$2.47
2024-12-31$681.26M$541.30M$147.59M$2.25
2023-12-31$710.00M$548.53M$147.65M$2.22
2022-12-31$695.21M$555.76M$95.87M$1.41
2021-12-31$693.03M$567.52M$109.64M$1.57
2020-12-31$687.31M$560.15M$124.26M$1.79
2019-12-31$627.70M$516.62M$69.98M$1.00
2018-12-31$581.30M$462.00M$55.18M$0.79
2017-12-31$596.43M$439.10M$-31.90M$-0.46
2016-12-31$704.39M$445.38M$-18.71M$-0.27

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3171.73%18.90%16.45%14.19%
2024-12-3179.46%21.66%15.38%12.26%
2023-12-3177.26%20.80%17.55%14.12%
2022-12-3179.94%13.79%13.21%14.03%
2021-12-3181.89%15.82%16.86%29.22%
2020-12-3181.50%18.08%22.35%23.93%
2019-12-3182.30%11.15%16.23%16.56%
2018-12-3179.48%9.49%15.54%41.84%
2017-12-3173.62%-5.35%-10.77%14.71%
2016-12-3163.23%-2.66%-5.82%-14.14%

Cash and debt by year

Period endCash
2025-12-31$110.97M
2024-12-31$109.13M
2023-12-31$118.01M
2022-12-31$109.41M
2021-12-31$319.98M
2020-12-31$105.68M
2019-12-31$108.69M
2018-12-31$229.16M
2017-12-31$180.15M
2016-12-31$207.16M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$225.24M$11.73M
2024-12-31$161.59M$10.19M
2023-12-31$112.03M$8.08M
2022-12-31$148.19M$8.75M
2021-12-31$191.12M$14.97M
2020-12-31$179.96M$13.38M
2019-12-31$73.08M$9.27M
2018-12-31$56.99M$5.61M
2017-12-31$-21.79M$4.97M
2016-12-31$2.35M$3.24M

Dividend history

Most recent payment
2026-09-01
Paid in the last twelve months
$0.62
Payment dateDividend per share
2026-09-01$0.17
2026-06-01$0.15
2026-03-02$0.15
2025-11-28$0.15
2025-09-02$0.15
2025-05-30$0.13
2025-02-28$0.13
2024-12-02$0.13

Investor relations

Next earnings report

Next confirmed report
2026-11-03
Consensus EPS estimate
$0.74

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.80
2026-05-07--
2026-02-19--
2025-11-04--
2025-07-31--
2025-05-01--
2025-02-18--
2024-11-12--

Filings and sources

Company website
perdoceoed.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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