APEI
AMERICAN PUBLIC EDUCATION INC
+0.69 (+1.54%)45.13USD232K成交股數826M市值25.4本益比(近四季)1.2股價營收比+5.5%營收年增(近四季)2026-11-09下次財報
財報 SEC XBRL 申報值 · 美元 · 財年於 12 月結束
逐季數字是 10-Q 的單季值;財年第四季 XBRL 只有年度值,這裡用年度減前三季推算。年增率比的是去年同一會計季。
營收與利潤率近 16 季
稀釋 EPS近 16 季 · 美元
現金流近 16 季
股東回饋近 16 季 · 庫藏股與股利
損益表 逐季 · 最新在左 · 小字是年增率
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營收 | 172M+6% | 175M+6% | 158M-4% | 163M+7% | 163M+6% | 165M+7% | 164M+7% | 153M+2% | 153M | 154M | 153M | 151M |
| 營業成本 | 76.6M | 74.6M | – | 74.7M | 78.4M | 74.9M | – | 75.4M | 76.2M | 72.4M | – | 73.2M |
| 毛利 | 95.1M+13% | 100M+12% | – | 88.5M+14% | 84.3M+10% | 89.6M+9% | – | 77.7M+0% | 76.7M | 82.0M | – | 77.6M |
| 毛利率 | 55.4% | 57.3% | – | 54.2% | 51.8% | 54.5% | – | 50.8% | 50.2% | 53.1% | – | 51.5% |
| 研發費用 | – | – | – | – | – | – | – | – | – | – | – | – |
| 銷售管理費用 | 37.5M | 36.3M | – | 34.7M | 38.1M | 36.4M | – | 35.0M | 34.4M | 36.3M | – | 30.9M |
| 營業利益 | 13.5M+93% | 21.6M+77% | – | 9.7M+135% | 7.0M+216% | 12.2M+136% | – | 4.1M-35% | 2.2M | 5.2M | – | 6.4M |
| 營業利益率 | 7.9% | 12.4% | – | 5.9% | 4.3% | 7.4% | – | 2.7% | 1.5% | 3.4% | – | 4.2% |
| 稅後淨利 | 9.8M+117% | 17.7M+99% | 12.6M+10% | 5.6M+146% | 4.5M+1112% | 8.9M+1623% | 11.5M+0% | 2.3M-168% | 371K | 516K | 11.5M | −3.3M |
| 淨利率 | 5.7% | 10.1% | 8.0% | 3.4% | 2.8% | 5.4% | 7.0% | 1.5% | 0.2% | 0.3% | 7.5% | -2.2% |
| 稀釋 EPS | 0.52-2700% | 0.94+129% | 0.67+6% | 0.30+650% | -0.02-67% | 0.41-783% | 0.63-2% | 0.04-115% | -0.06 | -0.06 | 0.64 | -0.27 |
| 稀釋股數 | 18.8M | 18.8M | – | 18.8M | 18.6M | 18.4M | – | 18.2M | 18.1M | 17.8M | – | 17.8M |
資產負債表 期末餘額
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 現金與約當現金 | 147M | 221M | 174M | 191M | 175M | 162M | 132M | 135M | 130M | 125M | 117M | 128M |
| 應收帳款 | 35.5M | 38.7M | 65.7M | 43.9M | 37.6M | 41.9M | 62.5M | 42.6M | 38.8M | 44.6M | 51.0M | 29.0M |
| 存貨 | – | – | – | – | – | – | – | – | – | – | – | – |
| 總資產 | 538M | 538M | 521M | 525M | 537M | 579M | 570M | 570M | 561M | 559M | 557M | 555M |
| 有息負債 | 81.6M | 83.2M | 94.7M | 94.4M | 94.1M | 93.7M | 93.4M | 93.1M | 92.8M | 95.0M | 94.7M | 94.3M |
| 總負債 | 224M | 232M | 227M | 246M | 265M | 269M | 266M | 279M | 272M | 271M | 265M | 274M |
| 股東權益 | 314M | 306M | 295M | 279M | 272M | 310M | 304M | 290M | 289M | 288M | 292M | 281M |
| 負債比 | 41.6% | 43.1% | 43.5% | 46.8% | 49.3% | 46.4% | 46.7% | 49.0% | 48.5% | 48.4% | 47.6% | 49.3% |
| 淨現金(現金 − 有息負債) | 64.9M | 138M | 79.4M | 97.0M | 80.9M | 67.9M | 38.5M | 42.3M | 37.0M | 30.3M | 22.0M | 33.5M |
現金流量表 單季
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q4 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營業現金流 | – | 63.3M+71% | – | – | – | 37.0M+78% | – | – | – | 20.7M | – | – |
| 資本支出 | – | 2.5M | – | – | – | 3.9M | – | – | – | 6.2M | – | – |
| 自由現金流 | – | 60.8M+84% | – | – | – | 33.1M+128% | – | – | – | 14.5M | – | – |
| 折舊攤銷 | 4.0M | 4.2M | – | 3.9M | 4.1M | 4.0M | – | 5.1M | 5.2M | 5.1M | – | 7.0M |
| 買回庫藏股 | – | 8.7M | – | – | – | 3.7M | – | – | – | 4.1M | – | – |
| 現金股利 | – | – | – | – | – | – | – | – | – | – | – | – |
| 自由現金流率 | – | 34.8% | – | – | – | 20.1% | – | – | – | 9.4% | – | – |
營收拆解 2025 年度 10-K 的分部揭露 · 年增對前一年度
業務分部2025 年度 · 567M
| Rasmussen University | 246M | 43.4% | +13.9% |
|---|---|---|---|
| Rasmussen University | 246M | 43.4% | +13.9% |
| Hondros College Of Nursing | 75.0M | 13.2% | +11.4% |
| American Public Education Inc 小計 | 320M | 56.4% | +0.9% |
產品／服務2025 年度 · 649M
| Instructional Services Net Of Grants And Scholarships | 592M | 91.2% | +2.8% |
|---|---|---|---|
| Textbook And Other Course Materials | 47.7M | 7.3% | +12.9% |
| Other Fees | 5.5M | 0.8% | +31.1% |
| Graduation Fees | 3.9M | 0.6% | +58.2% |
各維度的加總不一定等於合併營收:分部有時含內部交易、地區有時只揭露主要國家。挑的是加總最接近合併營收的那個標籤。
年度 10-K
| 財年 | 營收 | 年增 | 稅後淨利 | 淨利率 | 稀釋 EPS | 自由現金流 |
|---|---|---|---|---|---|---|
| FY2025 | 649M | +3.9% | 31.6M | 4.9% | 1.36 | 46.1M |
| FY2024 | 625M | +4.0% | 16.1M | 2.6% | 0.55 | 27.8M |
| FY2023 | 601M | -1.0% | −47.3M | -7.9% | -2.93 | 31.6M |
| FY2022 | 606M | +44.8% | −115M | -19.0% | -6.08 | 12.8M |
| FY2021 | 419M | +30.1% | 17.8M | 4.2% | 0.97 | 4.4M |
| FY2020 | 322M | +12.4% | 18.8M | 5.8% | 1.25 | 39.9M |
| FY2019 | 286M | -3.8% | 10.0M | 3.5% | 0.62 | 31.1M |
| FY2018 | 298M | – | 25.6M | 8.6% | 1.54 | 34.7M |