ATGE
Adtalem Global Education Inc
NYSE: ATGE · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$96.64
-0.11% today
Updated 2026-02-20
Market cap
$3.51B
P/E ratio
14.23
P/S ratio
1.86x
EPS (TTM)
$6.79
Dividend yield
—
52W range
$86 – $156
Volume
0.5M
Adtalem Global Education Inc (ATGE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $843.30M | $933.47M | $1.09B | $1.46B | $1.92B | $2.18B | $2.09B | $1.96B | $1.92B | $1.91B | $1.84B | $1.81B | $1.23B | $1.24B | $866.43M | $899.25M | $1.38B | $1.45B | $1.58B | $1.79B |
| Revenue growth (YoY) | — | +10.7% | +17.0% | +33.9% | +31.0% | +14.0% | -4.2% | -6.0% | -2.1% | -0.7% | -3.5% | -1.8% | -32.0% | +0.7% | -30.1% | +3.8% | +53.7% | +5.0% | +9.2% | +12.9% |
| Cost of revenue | $452.62M | $486.72M | $503.13M | $669.67M | $826.09M | $925.50M | $975.64M | $962.22M | $983.44M | $1.00B | $986.78M | $962.19M | $645.60M | $623.54M | $457.17M | $457.90M | $659.78M | $648.49M | $698.55M | $771.43M |
| Gross profit | $390.68M | $446.75M | $588.70M | $791.78M | $1.09B | $1.26B | $1.11B | $1.00B | $939.93M | $909.89M | $856.76M | $847.61M | $585.61M | $616.15M | $409.26M | $441.34M | $722.07M | $802.34M | $886.10M | $1.02B |
| Gross margin | 46.3% | 47.9% | 53.9% | 54.2% | 56.9% | 57.6% | 53.3% | 51.0% | 48.9% | 47.6% | 46.5% | 46.8% | 47.6% | 49.7% | 47.2% | 49.1% | 52.3% | 55.3% | 55.9% | 56.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $323.01M | $359.02M | $422.62M | $548.07M | $678.19M | $762.69M | $808.40M | $756.38M | $727.87M | $444.08M | $284.35M | $293.44M | $262.81M | $328.41M | $328.54M | $219.78M | $375.79M | $356.61M | $386.56M | $423.71M |
| Operating income | $67.67M | $102.29M | $162.34M | $234.83M | $410.90M | $494.18M | $204.24M | $166.93M | $181.27M | $156.91M | $-12.14M | $138.61M | $207.48M | $185.99M | $110.07M | $110.40M | $76.75M | $168.17M | $217.05M | $341.54M |
| Operating margin | 8.0% | 11.0% | 14.9% | 16.1% | 21.5% | 22.6% | 9.8% | 8.5% | 9.4% | 8.2% | -0.7% | 7.7% | 16.9% | 15.0% | 12.7% | 12.3% | 5.6% | 11.6% | 13.7% | 19.1% |
| EBITDA | $115.23M | $153.73M | $202.21M | $290.58M | $476.43M | $560.28M | $297.44M | $261.83M | $301.88M | $292.16M | $206.99M | $257.60M | $266.13M | $210.93M | $309.56M | $182.75M | $297.42M | $328.95M | $346.96M | $397.67M |
| EBITDA margin | 13.7% | 16.5% | 18.5% | 19.9% | 24.9% | 25.7% | 14.2% | 13.3% | 15.7% | 15.3% | 11.2% | 14.2% | 21.6% | 17.0% | 35.7% | 20.3% | 21.5% | 22.7% | 21.9% | 22.2% |
| EBIT | $67.12M | $109.72M | $162.34M | $240.13M | $414.21M | $495.71M | $208.75M | $168.58M | $212.06M | $201.60M | $121.44M | $200.62M | $213.30M | $170.22M | $224.50M | $148.86M | $155.57M | $226.33M | $271.64M | $345.75M |
| Interest expense | $10.19M | $4.78M | $522000.00 | $2.77M | $1.58M | $1.28M | $2.61M | $3.61M | $3.63M | $5.31M | $5.93M | $9.14M | $11.58M | $19.90M | $19.51M | $42.84M | $129.35M | $63.17M | $63.66M | $52.32M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $43.05M | $76.19M | $125.53M | $165.61M | $279.91M | $330.40M | $141.56M | $106.79M | $134.03M | $139.90M | $-3.17M | $122.28M | $33.77M | $128.77M | $-85.33M | $70.03M | $310.99M | $93.36M | $136.78M | $237.06M |
| Net income growth (YoY) | — | +77.0% | +64.8% | +31.9% | +69.0% | +18.0% | -57.2% | -24.6% | +25.5% | +4.4% | -102.3% | +3962.4% | -72.4% | +281.3% | -166.3% | +182.1% | +344.1% | -70.0% | +46.5% | +73.3% |
| Profit margin | 5.1% | 8.2% | 11.5% | 11.3% | 14.6% | 15.1% | 6.8% | 5.4% | 7.0% | 7.3% | -0.2% | 6.8% | 2.7% | 10.4% | -9.8% | 7.8% | 22.5% | 6.4% | 8.6% | 13.3% |