Company Information

  

Address: 111 W CONGRESS STREET  
City: CHARLES TOWN 
State: WV 
Zip Code: 25414 
Telephone: 304-724-3700 

Description of Business

Primary SIC Code: 8200
(As filed with the SEC)  

American Public Education, Inc., or APEI, provides online and on-campus postsecondary education to approximately 85,500 students through two wholly owned subsidiary institutions. In this Annual Report, "we," "our," "us," "the Company" and similar terms refer to APEI and its subsidiary institutions collectively unless the context indicates otherwise. This Item 1 of our Annual Report contains a "Company Overview" section that provides information about our subsidiary institutions, reporting segments, our history, the postsecondary educational market, competition, competitive strengths, strategic approach, executive officers, seasonality and available information. Item 1 also contains a section entitled "Our Institutions" that provides institution specific information regarding each of our two subsidiary institutions, and a "Regulatory Environment" section that provides information on some of the regulations that impact postsecondary educational institutions.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.30NA33.08
12/20171.29NA19.42
09/20171.21NA17.40
06/20170.95NA24.89
03/20171.14NA20.09
12/20161.49NA16.48
09/20161.67NA11.86
06/20162.05NA13.71

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.12Total Liab/Total Assets0.15
Net Inc/Total Assets0.06Total Liab/Inv Cap0.17
Net Inc/Inv Cap0.07Total Liab/Comm Equity0.27
Pretax Inc/Net Sales0.12Interest Coverage RatioNA
Net Inc/Net Sales0.07Curr Debt/EquityNA
Cash Flow/Net Sales0.16LTD/EquityNA
SG&A/NetSales0.43Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover42.49Quick Ratio4.41
Inventory TurnoverNACurrent Ratio4.41
Inventory Day SalesNANet Rec/Curr Assets0.04
Net Sales/Work Cap2.02Inv/Curr AssetsNA
Net Sales/PP&E3.24  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 74.97 78.09 73.28 72.20
Cost of Goods Sold 29.69 28.65 28.72 29.83
Selling & Admin Exps 34.47 31.65 31.88 30.64
Operating Income 6.29 13.17 7.99 7.00
Interest Exp NA NA NA NA
Pretax Income 6.66 12.78 7.62 6.33
Other Income 0.37 -0.39 -0.37 -0.66
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.59 8.42 4.37 3.83

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 186.17 179.21 166.26 157.13
Receivables - Total 7.92 7.14 7.15 9.32
Inventories - Total NA NA NA NA
Total Current Assets 201.50 191.13 180.06 173.69
Net Property, Plant & Equipment 90.25 92.37 92.17 93.69
Total Assets 346.23 339.04 329.90 324.90
Liabilities        
Accounts Payable 23.36 23.98 18.65 18.90
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 45.32 43.35 40.65 39.71
Long-Term Debt NA NA NA NA
Total Liabilities 52.45 49.63 49.88 50.55
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.16 0.16 0.16 0.16
Retained Earnings 112.88 108.57 100.15 95.79
Treasury Stock NA NA NA NA
Total Stockholders' Equity 293.78 289.41 280.02 274.34
Total Liabilities and Stockholders' Equity 346.23 339.04 329.90 324.90

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 10.24 18.68 12.99 11.22
Net Cash Provided by Investing Activities -1.67 -5.55 -3.86 -1.89
Net Cash Provided by Financing Activities -1.62 -0.19 0.00 0.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013329.4842.032.35
12/2014313.1424.162.33
12/2015327.9132.411.93
12/2016313.1424.161.49
12/2017299.2521.121.29
Growth Rates-2.38-15.81-13.92

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1815415,66595.53




Report Date : 7/16/2018

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