American Public Education IncAPEI
What American Public Education Inc does.
American Public Education, Inc., or APEI, provides online and campus-based postsecondary education to approximately 108,600 students through our subsidiary institutions. Our institutions offer purpose-built education programs designed to prepare individuals for productive contributions to their professions and society and to offer opportunities designed to advance students in their current professions or to help them prepare for their next career.
Our vision is for education to transform lives, advance careers, and improve communities. Our mission is to Power Purpose, Potential and Prosperity for Those in Service to Others. Our institutions of advanced learning are purpose-built to prepare service-minded students for employment, careers, and leadership in a diverse and changing world. Many of our students are from underserved populations for whom our institutions can transform their and their families’ lives. We are the number one educator of active-duty military and of veterans through American Public University System. We are a national leader in pre-licensure nursing education, focused on a Diploma in Practical Nursing, or PN diploma, and an Associate Degree in Nursing, or ADN, through Rasmussen University and Hondros College of Nursing, as well as a Bachelor of Science in Nursing, or BSN degree, through Rasmussen University.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $321.8M | $418.8M | $606.3M | $600.5M | $624.6M | $648.9M |
| Net income | $18.8M | $17.8M | -$115.0M | -$47.3M | $16.1M | $31.6M |
| Free cash flow | $39.9M | $4.4M | $12.8M | $31.6M | $27.8M | $46.1M |
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Figures from American Public Education Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.