American Public Education annual ebitda margin
2007
2008
2009
2010
2011
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2014
2015
2016
2017
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2019
2020
2021
2022
2023
2024
2025
American Public Education EBITDA Margin Growth & History (APEI)
American Public Education's ebitda margin was 9.88% for fiscal 2025.
View full American Public Education company overviewAmerican Public Education annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.88% | +1.49 pp |
| 2024 | 2024-12-31 | 8.38% | +11.80 pp |
| 2023 | 2023-12-31 | −3.41% | +13.94 pp |
| 2022 | 2022-12-31 | −17.35% | −28.86 pp |
| 2021 | 2021-12-31 | 11.51% | −0.22 pp |
| 2020 | 2020-12-31 | 11.73% | +1.82 pp |
| 2019 | 2019-12-31 | 9.90% | −6.90 pp |
| 2018 | 2018-12-31 | 16.81% | −1.12 pp |
| 2017 | 2017-12-31 | 17.92% | −0.49 pp |
| 2016 | 2016-12-31 | 18.41% | −3.79 pp |
| 2015 | 2015-12-31 | 22.20% | −1.21 pp |
| 2014 | 2014-12-31 | 23.41% | −1.15 pp |
| 2013 | 2013-12-31 | 24.57% | −0.93 pp |
| 2012 | 2012-12-31 | 25.50% | −2.19 pp |
| 2011 | 2011-12-31 | 27.69% | −0.83 pp |
| 2010 | 2010-12-31 | 28.52% | −1.74 pp |
| 2009 | 2009-12-31 | 30.27% | +2.34 pp |
| 2008 | 2008-12-31 | 27.93% | +2.58 pp |
| 2007 | 2007-12-31 | 25.35% | — |
American Public Education quarterly ebitda margin
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Q3.24
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.18% | +3.35 pp |
| Q1 2026 | 2026-03-31 | 14.76% | +4.90 pp |
| Q4 2025 | 2025-12-31 | 14.58% | −0.89 pp |
| Q3 2025 | 2025-09-30 | 8.36% | +2.34 pp |
| Q2 2025 | 2025-06-30 | 6.83% | +1.95 pp |
| Q1 2025 | 2025-03-31 | 9.87% | +3.19 pp |
| Q4 2024 | 2024-12-31 | 15.48% | +1.72 pp |
| Q3 2024 | 2024-09-30 | 6.01% | −2.89 pp |
| Q2 2024 | 2024-06-30 | 4.87% | +43.81 pp |
| Q1 2024 | 2024-03-31 | 6.68% | +5.08 pp |
| Q4 2023 | 2023-12-31 | 13.75% | +8.76 pp |
| Q3 2023 | 2023-09-30 | 8.90% | +4.25 pp |
| Q2 2023 | 2023-06-30 | −38.93% | +50.06 pp |
| Q1 2023 | 2023-03-31 | 1.59% | −7.03 pp |
| Q4 2022 | 2022-12-31 | 5.00% | −11.09 pp |
| Q3 2022 | 2022-09-30 | 4.65% | −1.10 pp |
| Q2 2022 | 2022-06-30 | −88.99% | −94.76 pp |
| Q1 2022 | 2022-03-31 | 8.63% | −6.38 pp |
| Q4 2021 | 2021-12-31 | 16.08% | +1.25 pp |
| Q3 2021 | 2021-09-30 | 5.75% | −2.51 pp |
| Q2 2021 | 2021-06-30 | 5.77% | −9.37 pp |
| Q1 2021 | 2021-03-31 | 15.01% | +6.93 pp |
| Q4 2020 | 2020-12-31 | 14.83% | −1.90 pp |
| Q3 2020 | 2020-09-30 | 8.26% | +7.00 pp |
| Q2 2020 | 2020-06-30 | 15.14% | +1.50 pp |
| Q1 2020 | 2020-03-31 | 8.08% | +0.68 pp |
| Q4 2019 | 2019-12-31 | 16.73% | −3.77 pp |
| Q3 2019 | 2019-09-30 | 1.25% | −14.05 pp |
| Q2 2019 | 2019-06-30 | 13.64% | −3.39 pp |
| Q1 2019 | 2019-03-31 | 7.40% | −6.85 pp |
| Q4 2018 | 2018-12-31 | 20.51% | −1.59 pp |
| Q3 2018 | 2018-09-30 | 15.31% | −1.46 pp |
| Q2 2018 | 2018-06-30 | 17.03% | +1.73 pp |
| Q1 2018 | 2018-03-31 | 14.25% | −2.99 pp |
| Q4 2017 | 2017-12-31 | 22.09% | +1.73 pp |
| Q3 2017 | 2017-09-30 | 16.77% | +9.59 pp |
| Q2 2017 | 2017-06-30 | 15.30% | −4.88 pp |
| Q1 2017 | 2017-03-31 | 17.24% | −7.60 pp |
| Q4 2016 | 2016-12-31 | 20.37% | −5.31 pp |
| Q3 2016 | 2016-09-30 | 7.18% | −13.01 pp |
| Q2 2016 | 2016-06-30 | 20.18% | −0.10 pp |
| Q1 2016 | 2016-03-31 | 24.84% | +2.54 pp |
| Q4 2015 | 2015-12-31 | 25.68% | +0.66 pp |
| Q3 2015 | 2015-09-30 | 20.19% | −1.89 pp |
| Q2 2015 | 2015-06-30 | 20.28% | −2.88 pp |
| Q1 2015 | 2015-03-31 | 22.31% | −0.97 pp |
| Q4 2014 | 2014-12-31 | 25.02% | +3.16 pp |
| Q3 2014 | 2014-09-30 | 22.08% | −3.46 pp |
| Q2 2014 | 2014-06-30 | 23.16% | −2.19 pp |
| Q1 2014 | 2014-03-31 | 23.28% | −2.27 pp |
| Q4 2013 | 2013-12-31 | 21.86% | −6.54 pp |
| Q3 2013 | 2013-09-30 | 25.54% | −0.80 pp |
| Q2 2013 | 2013-06-30 | 25.35% | +1.65 pp |
| Q1 2013 | 2013-03-31 | 25.55% | +2.40 pp |
| Q4 2012 | 2012-12-31 | 28.40% | −1.02 pp |
| Q3 2012 | 2012-09-30 | 26.33% | −0.45 pp |
| Q2 2012 | 2012-06-30 | 23.70% | −4.56 pp |
| Q1 2012 | 2012-03-31 | 23.14% | −2.75 pp |
| Q4 2011 | 2011-12-31 | 29.41% | −1.97 pp |
| Q3 2011 | 2011-09-30 | 26.78% | +4.01 pp |
| Q2 2011 | 2011-06-30 | 28.26% | −0.51 pp |
| Q1 2011 | 2011-03-31 | 25.89% | −4.85 pp |
| Q4 2010 | 2010-12-31 | 31.39% | −3.57 pp |
| Q3 2010 | 2010-09-30 | 22.77% | −3.72 pp |
| Q2 2010 | 2010-06-30 | 28.77% | +0.37 pp |
| Q1 2010 | 2010-03-31 | 30.74% | +0.49 pp |
| Q4 2009 | 2009-12-31 | 34.96% | — |
| Q3 2009 | 2009-09-30 | 26.50% | −0.21 pp |
| Q2 2009 | 2009-06-30 | 28.40% | — |
| Q1 2009 | 2009-03-31 | 30.25% | — |
| Q3 2008 | 2008-09-30 | 26.70% | — |
American Public Education ebitda margin trends
Over the last five fiscal years, American Public Education's ebitda margin decreased from 11.73% to 9.88%, a change of −1.85 percentage points. The latest reported quarter, Q2 2026, shows 10.18%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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