LOPE
Grand Canyon Education Inc
NASDAQ: LOPE · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$169.26
+0.85% today
Updated 2026-04-29
Market cap
$4.46B
P/E ratio
21.80
P/S ratio
4.04x
EPS (TTM)
$7.70
Dividend yield
—
52W range
$149 – $223
Volume
0.3M
Grand Canyon Education Inc (LOPE) 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 | $72.11M | $99.33M | $161.31M | $261.90M | $385.82M | $426.74M | $511.26M | $598.34M | $691.05M | $778.20M | $873.34M | $974.13M | $845.50M | $778.64M | $844.10M | $896.56M | $911.31M | $960.90M | $1.03B | $1.11B |
| Revenue growth (YoY) | — | +37.7% | +62.4% | +62.4% | +47.3% | +10.6% | +19.8% | +17.0% | +15.5% | +12.6% | +12.2% | +11.5% | -13.2% | -7.9% | +8.4% | +6.2% | +1.6% | +5.4% | +7.5% | +7.1% |
| Cost of revenue | $31.29M | $39.05M | $54.45M | $102.83M | $178.84M | $194.80M | $220.40M | $254.42M | $288.79M | $329.65M | $508.33M | $554.57M | $421.59M | $314.11M | $350.55M | $381.26M | $423.81M | $457.19M | $488.57M | $526.13M |
| Gross profit | $40.82M | $60.28M | $106.86M | $159.08M | $206.78M | $231.94M | $290.85M | $343.92M | $402.26M | $448.55M | $365.01M | $419.56M | $423.91M | $464.53M | $493.55M | $515.31M | $487.50M | $503.71M | $544.43M | $579.94M |
| Gross margin | 56.6% | 60.7% | 66.2% | 60.7% | 53.6% | 54.4% | 56.9% | 57.5% | 58.2% | 57.6% | 41.8% | 43.1% | 50.1% | 59.7% | 58.5% | 57.5% | 53.5% | 52.4% | 52.7% | 52.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $35.10M | $52.15M | $26.82M | $40.82M | $59.21M | $149.78M | $35.50M | $134.01M | $148.20M | $154.67M | $162.50M | $172.30M | $29.97M | $44.32M | $43.36M | $41.83M | $45.49M | $43.23M | $46.30M | $47.42M |
| Operating income | $3.04M | $4.34M | $12.80M | $46.57M | $73.53M | $82.16M | $114.05M | $143.28M | $180.81M | $210.36M | $237.20M | $282.75M | $258.15M | $265.13M | $277.44M | $282.19M | $237.50M | $249.26M | $275.40M | $303.62M |
| Operating margin | 4.2% | 4.4% | 7.9% | 17.8% | 19.1% | 19.3% | 22.3% | 23.9% | 26.2% | 27.0% | 27.2% | 29.0% | 30.5% | 34.1% | 32.9% | 31.5% | 26.1% | 25.9% | 26.7% | 27.5% |
| EBITDA | $5.44M | $7.64M | $18.53M | $54.86M | $70.45M | $99.28M | $136.05M | $172.58M | $210.97M | $246.04M | $283.13M | $339.93M | $324.21M | $355.73M | $367.19M | $365.30M | $271.30M | $291.68M | $327.87M | $343.52M |
| EBITDA margin | 7.5% | 7.7% | 11.5% | 20.9% | 18.3% | 23.3% | 26.6% | 28.8% | 30.5% | 31.6% | 32.4% | 34.9% | 38.3% | 45.7% | 43.5% | 40.7% | 29.8% | 30.4% | 31.7% | 31.1% |
| EBIT | $3.04M | $4.34M | $13.44M | $46.90M | $58.34M | $82.25M | $114.12M | $147.14M | $181.50M | $210.36M | $237.45M | $285.70M | $288.54M | $328.81M | $337.54M | $334.89M | $240.12M | $259.71M | $291.32M | $303.62M |
| Interest expense | $0.00 | $0.00 | $2.90M | $1.61M | $889000.00 | $720000.00 | $699000.00 | $2.24M | $1.80M | $1.35M | $1.33M | $2.17M | $1.54M | $11.31M | $4.40M | $3.60M | $2000.00 | $33000.00 | $4000.00 | — |
| 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 | $598000.00 | $1.53M | $6.68M | $27.30M | $44.37M | $50.55M | $69.45M | $88.71M | $111.47M | $131.41M | $148.51M | $203.32M | $229.01M | $259.18M | $257.20M | $260.34M | $184.68M | $204.99M | $226.23M | $216.17M |
| Net income growth (YoY) | — | +155.2% | +338.1% | +308.4% | +62.5% | +13.9% | +37.4% | +27.7% | +25.7% | +17.9% | +13.0% | +36.9% | +12.6% | +13.2% | -0.8% | +1.2% | -29.1% | +11.0% | +10.4% | -4.4% |
| Profit margin | 0.8% | 1.5% | 4.1% | 10.4% | 11.5% | 11.8% | 13.6% | 14.8% | 16.1% | 16.9% | 17.0% | 20.9% | 27.1% | 33.3% | 30.5% | 29.0% | 20.3% | 21.3% | 21.9% | 19.5% |