APEI Key Financial Ratios - AMERICAN PUBLIC EDUCATION INC

Complete source-backed ratio history.

Available history: 2007-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Key Financial Ratios

Date	Current ratio	Debt/equity	ROA	ROE
2026-06-30	3.25	0.28	8.49%	14.54%
2026-03-31	2.98	0.29	7.51%	13.19%
2025-12-31	3.46	0.32	6.05%	10.71%
2025-09-30	2.84	0.34	6.08%	11.42%
2025-06-30	2.83	0.35	5.33%	10.51%
2025-03-31	3.27	0.3	4.23%	7.90%
2024-12-31	3.29	0.31	2.83%	5.30%
2024-09-30	2.65	0.32	2.84%	5.57%
2024-06-30	2.83	0.32	1.89%	3.66%
2024-03-31	2.81	0.33	-7.34%	-14.22%
2023-12-31	2.94	0.32	-8.48%	-16.20%
2023-09-30	2.47	0.34	-12.04%	-23.75%
2023-06-30	2.39	0.33	-12.04%	-23.61%
2023-03-31	2.47	0.27	-20.38%	-36.76%
2022-12-31	2.63	0.27	-18.70%	-32.88%
2022-09-30	2.39	0.49	-14.99%	-31.42%
2022-06-30	2.43	0.5	-14.44%	-30.25%
2022-03-31	2.4	0.38	1.94%	3.54%
2021-12-31	2.42	0.39	2.45%	4.27%
2021-09-30	2.11	0.4	2.14%	3.82%
2021-06-30	6.45	—	3.91%	4.55%
2021-03-31	6.8	—	5.29%	6.12%
2020-12-31	4.57	0	5.07%	6.13%
2020-09-30	4.14	—	4.72%	5.86%
2020-06-30	4.36	—	3.65%	4.49%
2020-03-31	4.71	—	3.31%	4.00%
2019-12-31	4.92	—	2.82%	3.37%
2019-09-30	5.03	—	3.71%	4.45%
2019-06-30	5.69	—	5.46%	6.44%
2019-03-31	5.88	—	5.84%	6.86%
2018-12-31	5.25	—	6.91%	7.98%
2018-09-30	5.36	—	6.97%	8.05%
2018-06-30	5.08	—	6.77%	7.86%
2018-03-31	4.45	—	6.12%	7.22%
2017-12-31	4.41	—	6.23%	7.30%
2017-09-30	4.43	—	5.94%	7.00%
2017-06-30	4.37	—	4.79%	5.67%
2017-03-31	4.16	—	5.72%	6.81%
2016-12-31	3.76	—	7.65%	9.13%
2016-09-30	3.53	—	8.63%	10.54%
2016-06-30	3.23	—	10.62%	13.13%
2016-03-31	2.77	—	10.80%	13.73%
2015-12-31	2.73	—	10.83%	13.67%
2015-09-30	2.46	—	11.05%	14.49%
2015-06-30	2.9	—	12.53%	15.71%
2015-03-31	3.03	—	13.06%	16.38%
2014-12-31	2.82	—	13.72%	17.45%
2014-09-30	2.46	—	13.02%	16.93%
2014-06-30	2.56	—	14.72%	18.70%
2014-03-31	2.4	—	14.56%	19.00%
2013-12-31	2.15	—	15.47%	20.30%
2013-09-30	2.92	—	17.32%	22.96%
2013-06-30	2.85	—	18.42%	24.41%
2013-03-31	2.56	—	18.08%	24.97%
2012-12-31	2.56	—	17.81%	24.73%
2012-09-30	2.13	—	18.39%	27.07%
2012-06-30	2.59	—	20.02%	28.47%
2012-03-31	2.55	—	20.11%	29.44%
2011-12-31	2.45	—	20.49%	30.45%
2011-09-30	2.55	—	20.92%	31.14%
2011-06-30	2.72	—	20.20%	29.06%
2011-03-31	2.42	—	18.99%	28.64%
2010-12-31	2.61	—	21.06%	30.70%
2010-09-30	2.83	—	20.48%	29.27%
2010-06-30	3.51	—	20.84%	28.02%
2010-03-31	3.05	—	20.63%	29.03%
2009-12-31	3.05	—	20.68%	29.19%
2009-09-30	2.85	—	19.60%	28.36%
2008-12-31	2.68	—	—	—

Annual Key Financial Ratios

Date	Current ratio	Debt/equity	ROA	ROE
2025-12-31	3.46	0.32	6.05%	10.71%
2024-12-31	3.29	0.31	2.83%	5.30%
2023-12-31	2.94	0.32	-8.48%	-16.20%
2022-12-31	2.63	0.27	-18.70%	-32.88%
2021-12-31	2.42	0.39	2.45%	4.27%
2020-12-31	4.57	0	5.07%	6.13%
2019-12-31	4.92	—	2.82%	3.37%
2018-12-31	5.25	—	6.91%	7.98%
2017-12-31	4.41	—	6.23%	7.30%
2016-12-31	3.76	—	7.65%	9.13%
2015-12-31	2.73	—	10.83%	13.67%
2014-12-31	2.82	—	13.72%	17.45%
2013-12-31	2.15	—	15.47%	20.30%
2012-12-31	2.56	—	17.81%	24.73%
2011-12-31	2.45	—	20.49%	30.45%
2010-12-31	2.61	—	21.06%	30.70%
2009-12-31	3.05	—	20.68%	29.19%
2008-12-31	2.68	—	20.54%	30.27%
2007-12-31	—	—	—	26.11%