PERDOCEO EDUCATION Corp
PERDOCEO EDUCATION Corp
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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 | 164 | 132 | 181 | 194 | 154 | 109 | 238 | 129 | 127 | 119 | 166 | 150 | |||||
Restricted Cash Current | 1 | 21 | 21 | 22 | 22 | 23 | 1 | 1 | 1 | 1 | 8 | 9 | |||||
Available For Sale Securities Debt Securities Curr… | 515 | 511 | 488 | 466 | 459 | 460 | 484 | 546 | 516 | 485 | 430 | 428 | |||||
Contract With Customer Receivable Before Allowance… | 77 | 68 | 81 | 71 | 84 | 64 | 68 | 69 | 77 | 64 | 78 | 81 | |||||
Contract With Customer Receivable Allowance For Cr… | -37 | -41 | -39 | -38 | -38 | -41 | -36 | -34 | -35 | -35 | -36 | -39 | |||||
Contract With Customer Receivable After Allowance … | 40 | 27 | 41 | 33 | 46 | 23 | 32 | 35 | 42 | 29 | 41 | 42 | |||||
Other Receivables | 7 | 5 | 6 | 9 | 10 | 5 | 4 | 5 | 5 | 5 | 12 | 7 | |||||
Prepaid Expense Current | 17 | 17 | 16 | 16 | 15 | 17 | 11 | 13 | 12 | 12 | 10 | 13 | |||||
Inventory Net | 3 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 2 | 3 | |||||
Other Assets Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||||
Assets Current | 747 | 697 | 736 | 721 | 686 | 640 | 774 | 732 | 706 | 655 | 670 | 643 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 81 | 83 | 85 | 88 | 89 | 96 | 18 | 19 | 21 | 21 | 24 | 24 | |||||
Operating Lease Right Of Use Asset | 42 | 43 | 45 | 47 | 48 | 50 | 16 | 16 | 14 | 19 | 22 | 23 | |||||
Finance Lease Right Of Use Asset | 9 | 10 | 12 | 13 | 14 | 15 | - | - | - | - | - | - | |||||
Goodwill | 266 | 266 | 258 | 258 | 258 | 258 | 241 | 241 | 241 | 241 | 241 | 244 | |||||
Intangible Assets Net Excluding Goodwill | 74 | 78 | 82 | 86 | 91 | 95 | 33 | 34 | 35 | 36 | 40 | 49 | |||||
Contract With Customer Receivable Before Allowance… | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 8 | 7 | 5 | 5 | |||||
Contract With Customer Receivable Allowance For Cr… | -4 | -4 | -4 | -4 | -4 | -2 | -3 | -3 | -3 | -3 | -3 | -4 | |||||
Contract With Customer Receivable After Allowance … | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 5 | 5 | 4 | 1 | 1 | |||||
Deferred Income Tax Assets Net | 57 | 57 | 69 | 69 | 69 | 69 | 23 | 23 | 23 | 24 | 23 | 22 | |||||
Other Assets Noncurrent | 8 | 8 | 7 | 8 | 8 | 8 | 6 | 7 | 7 | 7 | 5 | 7 | |||||
Assets | 1,289 | 1,248 | 1,299 | 1,294 | 1,269 | 1,237 | 1,117 | 1,078 | 1,052 | 1,007 | 1,026 | 1,014 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Operating Lease Liability Current | 8 | 6 | 6 | 5 | 5 | 8 | 5 | 5 | 6 | 6 | 6 | 6 | |||||
Finance Lease Liability Current | 6 | 5 | 5 | 5 | 5 | 5 | - | - | - | - | - | - | |||||
Accounts Payable Current | 19 | 14 | 20 | 17 | 13 | 13 | 14 | 13 | 12 | 11 | 15 | 15 | |||||
Accrued Liabilities Curre… | |||||||||||||||||
Employee Related Liabilities Current | 26 | 44 | 39 | 31 | 27 | 35 | 34 | 25 | 19 | 33 | 41 | 27 | |||||
Accrued Income Taxes Current | 20 | 6 | 11 | 6 | 18 | 5 | 10 | 7 | 17 | 4 | 13 | 16 | |||||
Other Accrued Liabilities Current | 17 | 16 | 16 | 16 | 15 | 21 | 21 | 22 | 21 | 14 | 21 | 23 | |||||
Contract With Customer Liability Current | 52 | 38 | 60 | 82 | 63 | 37 | 49 | 55 | 61 | 37 | 39 | 67 | |||||
Liabilities Current | 155 | 138 | 165 | 169 | 154 | 132 | 141 | 135 | 143 | 111 | 139 | 161 | |||||
Liabilities Noncurrent | |||||||||||||||||
Operating Lease Liability Noncurrent | 41 | 44 | 46 | 48 | 50 | 50 | 17 | 18 | 17 | 21 | 23 | 24 | |||||
Finance Lease Liability Noncurrent | 5 | 6 | 8 | 9 | 10 | 12 | - | - | - | - | - | - | |||||
Construction Loan Noncurrent | - | - | - | - | - | 57 | - | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 30 | 31 | 26 | 27 | 27 | 27 | 23 | 25 | 27 | 34 | 34 | 36 | |||||
Liabilities Noncurrent | 134 | 137 | 137 | 141 | 144 | 145 | 40 | 44 | 43 | 55 | 57 | 61 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital Common Stock | 724 | 721 | 717 | 714 | 711 | 707 | 704 | 701 | 699 | 695 | 692 | 689 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1 | 1 | 1 | 1 | 1 | 0 | 2 | -2 | -2 | -1 | -5 | -6 | |||||
Retained Earnings Accumulated Deficit | 763 | 718 | 693 | 663 | 631 | 596 | 573 | 544 | 513 | 481 | 471 | 437 | |||||
Treasury Stock Value | -487 | -469 | -414 | -394 | -373 | -344 | -344 | -344 | -344 | -334 | -329 | -329 | |||||
Stockholders Equity | 1,000 | 972 | 998 | 985 | 970 | 960 | 935 | 900 | 866 | 841 | 830 | 792 | |||||
Liabilities And Stockholders Equity | 1,289 | 1,248 | 1,299 | 1,294 | 1,269 | 1,237 | 1,117 | 1,078 | 1,052 | 1,007 | 1,026 | 1,014 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 91 | 87 | 83 | 78 | 74 | 67 | 65 | 63 | 61 | 59 | 61 | 59 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 49 | 45 | 41 | 36 | 32 | 28 | 27 | 26 | 25 | 24 | 22 | 20 | |||||
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
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 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | |||||
Common Stock Shares Issued | 93 | 92 | 92 | 92 | 92 | 91 | 91 | 91 | 91 | 90 | 90 | 90 | |||||
Shares Outstanding | 63 | 62 | 64 | 65 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | |||||
Treasury Stock Common Shares | 30 | 30 | 28 | 27 | 26 | 25 | 25 | 25 | 25 | 25 | 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 | -5.98% | -2.77% | -11.44% | - | - | - | - | - | - | - | - | - |
| 2025 | 23.28% | 28.36% | 18.27% | 15.95% | 21.96% | 22.56% | -9.35% | -3.48% | 3.91% | 13.99% | 12.72% | 14.82% |
| 2024 | 27.26% | 14.40% | 28.54% | -7.70% | -9.81% | -14.43% | 8.60% | 5.28% | 16.27% | -14.17% | -9.91% | 8.37% |
| 2023 | - | - | - | 17.22% | 22.13% | 28.99% | -5.40% | -3.98% | -4.63% | 4.60% | 1.40% | 40.81% |
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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 | 4.82 | 5.06 | 4.47 | 4.27 | 4.46 | 4.84 | 5.48 | 5.43 | 4.95 | 5.90 | 4.81 | 4.00 | |||||
| Quick Ratio | 4.68 | 4.90 | 4.35 | 4.16 | 4.34 | 4.69 | 5.38 | 5.31 | 4.84 | 5.75 | 4.72 | 3.91 | |||||
| Working Capital | 592.17M | 559.06M | 571.51M | 552.41M | 532.04M | 507.99M | 632.36M | 597.62M | 563.52M | 543.93M | 530.35M | 482.70M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.29 | 0.28 | 0.30 | 0.31 | 0.31 | 0.29 | 0.19 | 0.20 | 0.21 | 0.20 | 0.24 | 0.28 | |||||
| Interest Coverage TTM | 32.87 | 30.32 | 38.49 | 53.51 | 91.68 | 284.26 | 237.24 | 229.24 | 238.18 | 372.39 | 403.02 | 368.71 | |||||
| Debt Ratio | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.22 | 0.16 | 0.17 | 0.18 | 0.16 | 0.19 | 0.22 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.67 | 0.68 | 0.67 | 0.65 | 0.63 | 0.61 | 0.61 | 0.63 | 0.68 | 0.72 | 0.77 | 0.78 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.68 | 2.42 | 2.36 | 2.32 | 2.27 | 2.19 | 1.98 | 2.03 | 2.28 | 2.18 | 2.18 | 1.86 | |||||
| Free Cash Flow Per Share TTM | 3.53 | 3.34 | 3.01 | 3.14 | 2.54 | 2.39 | 2.32 | 2.04 | 2.38 | 1.59 | 2.00 | 2.23 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.22 | 0.33 | 0.33 | 0.22 | 0.11 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | - | 100.10% | 100.09% | 100.06% | 100.05% | 100.05% | |||||
| Operating Profit Margin TTM | 24.26% | 23.17% | 23.59% | 24.07% | 24.75% | 25.58% | 23.44% | 22.83% | 22.47% | 21.19% | 21.29% | 19.74% | |||||
| Net Profit Margin TTM | 19.91% | 18.90% | 19.24% | 20.09% | 20.91% | 21.66% | 20.42% | 20.57% | 22.35% | 20.80% | 19.83% | 17.50% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 17.75% | 24.20% | 24.23% | 15.99% | 6.35% | -4.05% | -11.58% | -8.79% | -3.56% | 2.13% | 8.74% | 6.17% | |||||
| Net Income Growth (1Y) | 12.08% | 8.35% | 17.04% | 13.25% | -0.51% | -0.04% | -8.95% | 7.22% | 55.29% | 54.02% | 40.28% | 15.53% | |||||
| EPS Growth (1Y) | 17.79% | 9.76% | 18.94% | 13.74% | -0.70% | 1.21% | -9.04% | 10.18% | 59.27% | 57.41% | 44.28% | 17.11% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 13.60 | 11.78 | 15.38 | 13.57 | 10.64 | 11.45 | 10.60 | 9.91 | 7.22 | 7.52 | 7.25 | 6.11 | |||||
| P/B TTM | 2.31 | 1.94 | 2.40 | 2.13 | 1.67 | 1.76 | 1.51 | 1.50 | 1.27 | 1.32 | 1.28 | 0.98 | |||||
| P/S TTM | 2.71 | 2.23 | 2.96 | 2.73 | 2.23 | 2.48 | 2.17 | 2.04 | 1.61 | 1.56 | 1.44 | 1.07 | |||||
| Market Cap | 2.31B | 1.88B | 2.40B | 2.10B | 1.62B | 1.69B | 1.41B | 1.35B | 1.10B | 1.11B | 1.06B | 776.79M | |||||
| Enterprise Value | 2.16B | 1.76B | 2.23B | 1.92B | 1.48B | 1.60B | 1.18B | 1.22B | 975.20M | 991.38M | 895.37M | 626.78M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 220.92M | 216.66M | 194.76M | 205.39M | 167.07M | 156.97M | 152.58M | 134.00M | 156.26M | 105.61M | 131.06M | 150.16M | |||||
| Net Debt | -154.08M | -120.73M | -167.93M | -179.58M | -138.32M | -92.11M | -238.05M | -128.89M | -126.83M | -119.02M | -165.64M | -150.01M | |||||
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 | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| 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 | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
PERDOCEO EDUCATION Corp (PRDO) — SEC Financial Statements & Analysis
PERDOCEO EDUCATION Corp (PRDO) is a services-educational services company, incorporated in DE. PERDOCEO EDUCATION Corp trades on PRDO: Nasdaq as: PRDO. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), PERDOCEO EDUCATION Corp reported a 17.75% year-over-year revenue growth, a Gross Profit Margin of 100.10% (TTM), a Debt-to-Equity ratio of 0.29x, a Price-to-Sales (P/S) ratio of 2.71x (TTM), a Price-to-Book (P/B) ratio of 2.31 (TTM), at a market cap of $2.31B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 17.75%
- Gross Profit Margin TTM
- 100.10%
- Debt To Equity
- 0.29x
- P/S TTM
- 2.71x
- P/B TTM
- 2.31
- Market Cap
- $2.31B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is PERDOCEO EDUCATION Corp in?
PERDOCEO EDUCATION Corp (PRDO) operates in the Services-Educational Services industry.
What is PRDO's market cap?
PERDOCEO EDUCATION Corp (PRDO) has a market capitalization of $2.31B as of 2026-03-31.
What is PRDO's P/E ratio?
PERDOCEO EDUCATION Corp (PRDO)'s trailing twelve month P/E ratio is 13.60x as of 2026-03-31.
What exchange does PRDO trade on?
PERDOCEO EDUCATION Corp (PRDO) trades on the PRDO: Nasdaq.
Where is PERDOCEO EDUCATION Corp incorporated?
PERDOCEO EDUCATION Corp is incorporated in DE.