PRDO
Perdoceo Education Corp
NASDAQ: PRDO · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$35.63
-1.14% today
Updated 2026-05-11
Market cap
$2.23B
P/E ratio
13.60
P/S ratio
2.61x
EPS (TTM)
$2.62
Dividend yield
1.61%
52W range
$26 – $39
Volume
0.7M
Perdoceo Education Corp (PRDO) 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 | $1.79B | $1.67B | $1.71B | $1.84B | $2.12B | $1.88B | $1.49B | $1.06B | $741.36M | $847.27M | $704.39M | $596.43M | $581.30M | $627.70M | $687.31M | $693.03M | $695.21M | $710.00M | $681.26M | $846.10M |
| Revenue growth (YoY) | — | -6.2% | +1.8% | +7.7% | +15.7% | -11.3% | -21.0% | -29.0% | -29.9% | +14.3% | -16.9% | -15.3% | -2.5% | +8.0% | +9.5% | +0.8% | +0.3% | +2.1% | -4.0% | +24.2% |
| Cost of revenue | $552.05M | $593.66M | $654.29M | $611.75M | $639.12M | $632.59M | $571.17M | $406.29M | $240.80M | $289.78M | $235.10M | $143.34M | $109.90M | $101.94M | $111.77M | $108.74M | $116.72M | $130.32M | $120.86M | $239.17M |
| Gross profit | $1.23B | $1.08B | $1.05B | $1.22B | $1.49B | $1.25B | $918.10M | $651.08M | $500.56M | $557.50M | $469.29M | $453.09M | $471.40M | $525.76M | $575.55M | $584.29M | $578.49M | $579.68M | $560.40M | $606.93M |
| Gross margin | 69.1% | 64.6% | 61.6% | 66.7% | 69.9% | 66.4% | 61.6% | 61.6% | 67.5% | 65.8% | 66.6% | 76.0% | 81.1% | 83.8% | 83.7% | 84.3% | 83.2% | 81.6% | 82.3% | 71.7% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $905.34M | $876.80M | $889.25M | $934.13M | $1.10B | $936.71M | $894.18M | $474.78M | $387.46M | $321.48M | $290.73M | $241.28M | $232.22M | $255.75M | $226.37M | $236.93M | $257.70M | $262.28M | $232.37M | $410.92M |
| Operating income | $166.51M | $120.42M | $77.67M | $222.60M | $246.39M | $39.16M | $-183.75M | $-214.68M | $-72.72M | $-92.17M | $-32.34M | $34.14M | $71.30M | $86.46M | $142.93M | $149.02M | $129.64M | $150.45M | $174.25M | $196.00M |
| Operating margin | 9.3% | 7.2% | 4.6% | 12.1% | 11.6% | 2.1% | -12.3% | -20.3% | -9.8% | -10.9% | -4.6% | 5.7% | 12.3% | 13.8% | 20.8% | 21.5% | 18.6% | 21.2% | 25.6% | 23.2% |
| EBITDA | $243.25M | $223.04M | $178.14M | $298.22M | $314.62M | $317.43M | $-109.22M | $-116.65M | $-82.88M | $-68.67M | $-8.04M | $48.13M | $84.43M | $102.33M | $161.78M | $166.75M | $154.40M | $209.41M | $216.70M | $264.93M |
| EBITDA margin | 13.6% | 13.3% | 10.4% | 16.2% | 14.8% | 16.8% | -7.3% | -11.0% | -11.2% | -8.1% | -1.1% | 8.1% | 14.5% | 16.3% | 23.5% | 24.1% | 22.2% | 29.5% | 31.8% | 31.3% |
| EBIT | $156.84M | $144.86M | $100.45M | $230.63M | $243.00M | $232.06M | $-191.03M | $-189.80M | $-138.34M | $-93.60M | $-30.78M | $34.14M | $75.03M | $93.19M | $147.00M | $149.99M | $134.67M | $192.53M | $202.05M | $223.30M |
| Interest expense | $1.91M | $1.16M | $870000.00 | $226000.00 | $377000.00 | $563000.00 | $271000.00 | $1.35M | $491000.00 | $835000.00 | $584000.00 | $451000.00 | $681000.00 | $167000.00 | $167000.00 | $920000.00 | $400000.00 | $404000.00 | $613000.00 | $6.46M |
| Income tax | $92.69M | $48.17M | $27.57M | $78.66M | $80.29M | $46.15M | $-46.81M | $-19.67M | $3.74M | $-147.45M | $-16.55M | $67.13M | $18.56M | $22.43M | $22.48M | $39.43M | $38.40M | $44.47M | $53.85M | $56.92M |
| Effective tax rate | 66.6% | 44.7% | 31.4% | 49.2% | 33.7% | 71.3% | 24.7% | 10.7% | -2.1% | 154.3% | 46.9% | 190.5% | 25.2% | 24.3% | 15.3% | 26.5% | 28.6% | 23.1% | 26.7% | 26.3% |
| Net income | $46.57M | $59.55M | $60.14M | $81.22M | $157.77M | $18.57M | $-142.80M | $-164.26M | $-178.16M | $51.88M | $-18.71M | $-31.90M | $55.18M | $69.98M | $124.26M | $109.64M | $95.87M | $147.65M | $147.59M | $159.91M |
| Net income growth (YoY) | — | +27.9% | +1.0% | +35.0% | +94.3% | -88.2% | -868.8% | -15.0% | -8.5% | +129.1% | -136.1% | -70.5% | +273.0% | +26.8% | +77.6% | -11.8% | -12.6% | +54.0% | -0.0% | +8.4% |
| Profit margin | 2.6% | 3.6% | 3.5% | 4.4% | 7.4% | 1.0% | -9.6% | -15.5% | -24.0% | 6.1% | -2.7% | -5.3% | 9.5% | 11.1% | 18.1% | 15.8% | 13.8% | 20.8% | 21.7% | 18.9% |