Grand Canyon Education, Inc.
Grand Canyon Education, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 96 | 112 | 97 | 192 | 145 | 325 | 264 | 241 | 196 | 146 | 57 | 143 | |||||
Available For Sale Securities Debt Securities Curr… | 156 | 188 | 180 | 182 | 160 | 0 | 0 | 100 | 94 | 98 | 98 | 90 | |||||
Accounts Receivable Net Current | 113 | 84 | 122 | 28 | 116 | 83 | 116 | 29 | 112 | 79 | 104 | 25 | |||||
Insurance Settlements Receivable Current | - | - | - | - | - | - | - | - | 26 | - | - | - | |||||
Income Taxes Receivable | 0 | 2 | 23 | 7 | - | 0 | 2 | 6 | 0 | 1 | 4 | 9 | |||||
Other Assets Current | 15 | 13 | 12 | 14 | 16 | 12 | 12 | 13 | 17 | 13 | 12 | 12 | |||||
Assets Current | 380 | 400 | 434 | 422 | 436 | 420 | 393 | 390 | 444 | 338 | 275 | 280 | |||||
Property Plant And Equipment Net | 180 | 179 | 180 | 179 | 178 | 177 | 176 | 174 | 172 | 170 | 165 | 155 | |||||
Operating Lease Right Of Use Asset | 93 | 97 | 100 | 98 | 96 | 100 | 99 | 102 | 90 | 92 | 90 | 76 | |||||
Intangible Assets Net Excluding Goodwill | 149 | 152 | 154 | 156 | 158 | 160 | 162 | 164 | 166 | 168 | 170 | 173 | |||||
Goodwill | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | |||||
Other Assets Noncurrent | 5 | 4 | 5 | 4 | 3 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Assets | 968 | 992 | 1,033 | 1,021 | 1,031 | 1,018 | 993 | 993 | 1,036 | 930 | 863 | 846 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 29 | 24 | 19 | 24 | 24 | 27 | 28 | 22 | 30 | 18 | 24 | 23 | |||||
Employee Related Liabilities Current | 26 | 35 | 29 | 33 | 23 | 33 | 26 | 34 | 25 | 31 | 25 | 29 | |||||
Accrued Liabilities Current | 38 | 32 | 71 | 34 | 35 | 30 | 33 | 32 | 58 | 27 | 34 | 30 | |||||
Accrued Income Taxes Current | 21 | 3 | 0 | 0 | 24 | 9 | 0 | 0 | 26 | 10 | 0 | 0 | |||||
Contract With Customer Liability Current | 10 | - | 4 | 14 | 9 | - | 6 | 7 | 10 | - | 6 | 9 | |||||
Operating Lease Liability Current | 15 | 15 | 14 | 14 | 13 | 13 | 12 | 12 | 11 | 11 | 11 | 9 | |||||
Liabilities Current | 138 | 110 | 137 | 119 | 128 | 111 | 107 | 107 | 160 | 97 | 100 | 100 | |||||
Deferred Income Tax Liabilities Net | 43 | 41 | 40 | 28 | 29 | 27 | 26 | 27 | 28 | 27 | 27 | 27 | |||||
Other Liabilities Noncurrent | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 0 | 0 | 0 | |||||
Operating Lease Liability Noncurrent | 89 | 93 | 96 | 94 | 92 | 96 | 95 | 97 | 86 | 88 | 86 | 73 | |||||
Liabilities | 272 | 245 | 275 | 243 | 251 | 235 | 229 | 233 | 276 | 212 | 213 | 201 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Treasury Stock Common Value | -2,421 | -2,292 | -2,191 | -2,151 | -2,103 | -2,024 | -1,959 | -1,919 | -1,880 | -1,850 | -1,833 | -1,799 | |||||
Additional Paid In Capital Common Stock | 354 | 350 | 347 | 344 | 340 | 337 | 333 | 330 | 326 | 323 | 319 | 316 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | 1 | 1 | 0 | -0 | - | - | -0 | -0 | -0 | -1 | -1 | |||||
Retained Earnings Accumulated Deficit | 2,762 | 2,687 | 2,600 | 2,584 | 2,543 | 2,471 | 2,389 | 2,348 | 2,313 | 2,245 | 2,164 | 2,128 | |||||
Stockholders Equity | 696 | 747 | 758 | 778 | 781 | 784 | 764 | 759 | 759 | 718 | 651 | 645 | |||||
Liabilities And Stockholders Equity | 968 | 992 | 1,033 | 1,021 | 1,031 | 1,018 | 993 | 993 | 1,036 | 930 | 863 | 846 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Common Stock Shares Issued | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | |||||
Shares Outstanding | 27 | 27 | 28 | 28 | 28 | 29 | 29 | 30 | 30 | 30 | 30 | 30 | |||||
Treasury Stock Common Shares | 28 | 27 | 26 | 26 | 26 | 25 | 25 | 25 | 24 | 24 | 24 | 24 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.32% | -16.25% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 6.69% | 2.16% | -9.06% | 17.16% | 26.09% | 26.91% | -11.52% | -5.58% | -0.16% | -2.28% | -0.76% | -1.01% |
| 2024 | 1.92% | 0.09% | 10.03% | -1.61% | -3.43% | -9.68% | 2.77% | 2.25% | 7.14% | -8.21% | -6.31% | 6.56% |
| 2023 | -10.05% | -14.29% | -7.52% | 5.34% | 6.61% | 7.20% | 12.99% | 17.13% | 2.27% | 1.97% | 1.70% | 4.51% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.75 | 3.65 | 3.17 | 3.55 | 3.40 | 3.78 | 3.69 | 3.63 | 2.78 | 3.48 | 2.76 | 2.78 | |||||
| Quick Ratio | 2.75 | 3.65 | 3.17 | 3.55 | 3.40 | 3.78 | 3.69 | 3.63 | 2.78 | 3.48 | 2.76 | 2.78 | |||||
| Working Capital | 241.56M | 290.43M | 297.26M | 303.49M | 308.23M | 309.01M | 286.82M | 282.36M | 284.33M | 240.49M | 175.22M | 179.10M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.39 | 0.33 | 0.36 | 0.31 | 0.32 | 0.30 | 0.30 | 0.31 | 0.36 | 0.30 | 0.33 | 0.31 | |||||
| Interest Coverage TTM | - | - | - | 72,003.50 | 46,490.67 | 34,424.88 | 19,512.21 | 24,230.36 | 16,203.56 | 7,553.21 | 6,918.14 | 6,054.08 | |||||
| Debt Ratio | 0.28 | 0.25 | 0.27 | 0.24 | 0.24 | 0.23 | 0.23 | 0.24 | 0.27 | 0.23 | 0.25 | 0.24 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.13 | 1.10 | 1.08 | 1.06 | 1.01 | 1.06 | 1.10 | 1.09 | 1.03 | 1.09 | 1.14 | 1.14 | |||||
| Days Sales Outstanding TTM | 37.12 | 27.59 | 39.90 | 9.77 | 39.61 | 28.58 | 39.57 | 9.86 | 39.68 | 29.67 | 39.87 | 9.91 | |||||
| Receivables Turnover TTM | 9.83 | 13.23 | 9.15 | 37.36 | 9.21 | 12.77 | 9.22 | 37.03 | 9.20 | 12.30 | 9.15 | 36.82 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 8.18 | 7.71 | 7.57 | 8.41 | 8.07 | 7.73 | 7.72 | 7.46 | 7.20 | 6.80 | 6.53 | 6.26 | |||||
| Free Cash Flow Per Share TTM | 9.72 | 8.57 | 8.72 | 9.33 | 8.33 | 8.68 | 8.02 | 7.69 | 7.49 | 6.64 | 6.53 | 6.43 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | |||||
| Operating Profit Margin TTM | 24.29% | 24.04% | 23.65% | 26.98% | 26.63% | 26.66% | 26.82% | 26.59% | 26.31% | 25.94% | 25.72% | 25.44% | |||||
| Net Profit Margin TTM | 19.54% | 19.54% | 19.38% | 22.15% | 21.94% | 21.90% | 22.09% | 21.88% | 21.66% | 21.33% | 20.75% | 20.43% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 7.43% | 7.07% | 7.05% | 6.52% | 6.31% | 7.50% | 8.22% | 8.00% | 7.43% | 5.44% | 4.13% | 2.89% | |||||
| Net Income Growth (1Y) | -4.33% | -4.45% | -6.11% | 7.83% | 7.69% | 10.37% | 15.24% | 15.70% | 14.65% | 11.00% | -1.74% | -12.40% | |||||
| EPS Growth (1Y) | 1.16% | -0.19% | -1.83% | 12.79% | 12.19% | 13.73% | 18.31% | 19.25% | 18.55% | 18.92% | 3.30% | -7.71% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 20.68 | 21.44 | 28.82 | 22.37 | 21.29 | 21.07 | 18.28 | 18.68 | 18.80 | 19.32 | 17.82 | 16.43 | |||||
| P/B TTM | 6.53 | 6.20 | 8.03 | 6.80 | 6.27 | 6.08 | 5.38 | 5.40 | 5.28 | 5.52 | 5.35 | 4.83 | |||||
| P/S TTM | 4.04 | 4.19 | 5.58 | 4.96 | 4.67 | 4.61 | 4.04 | 4.09 | 4.07 | 4.12 | 3.70 | 3.36 | |||||
| Market Cap | 4.55B | 4.63B | 6.09B | 5.29B | 4.89B | 4.77B | 4.11B | 4.10B | 4.01B | 3.96B | 3.48B | 3.12B | |||||
| Enterprise Value | 4.45B | 4.52B | 5.99B | 5.10B | 4.75B | 4.44B | 3.85B | 3.86B | 3.82B | 3.81B | 3.42B | 2.97B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 260.04M | 238.65M | 241.85M | 261.20M | 235.41M | 252.71M | 232.67M | 225.19M | 220.70M | 199.13M | 194.51M | 194.16M | |||||
| Net Debt | -96.15M | -111.76M | -97.28M | -192.28M | -144.51M | -324.62M | -263.58M | -241.32M | -196.21M | -146.48M | -56.87M | -142.93M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Grand Canyon Education, Inc. (LOPE) — SEC Financial Statements & Analysis
Grand Canyon Education, Inc. (LOPE) is a services-educational services company, incorporated in DE. Grand Canyon Education, Inc. trades on LOPE: Nasdaq as: LOPE. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Grand Canyon Education, Inc. reported a 7.43% year-over-year revenue growth, a Gross Profit Margin of 100.00% (TTM), a Debt-to-Equity ratio of 0.39x, a Price-to-Sales (P/S) ratio of 4.04x (TTM), a Price-to-Book (P/B) ratio of 6.53 (TTM), at a market cap of $4.55B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 7.43%
- Gross Profit Margin TTM
- 100.00%
- Debt To Equity
- 0.39x
- P/S TTM
- 4.04x
- P/B TTM
- 6.53
- Market Cap
- $4.55B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Grand Canyon Education, Inc. in?
Grand Canyon Education, Inc. (LOPE) operates in the Services-Educational Services industry.
What is LOPE's market cap?
Grand Canyon Education, Inc. (LOPE) has a market capitalization of $4.55B as of 2026-03-31.
What is LOPE's P/E ratio?
Grand Canyon Education, Inc. (LOPE)'s trailing twelve month P/E ratio is 20.68x as of 2026-03-31.
What exchange does LOPE trade on?
Grand Canyon Education, Inc. (LOPE) trades on the LOPE: Nasdaq.
Where is Grand Canyon Education, Inc. incorporated?
Grand Canyon Education, Inc. is incorporated in DE.