olivLaw · US equity research
Perdoceo Education Corporation PRDO
Services-Educational Services · SIC 8200 · Vertical: Services-Educational Services (SIC 8200)
Perdoceo Education Corporation provides online, campus-based and hybrid postsecondary education through three accredited institutions: CTU, AIUS and USAHS. The company grew revenue to 846.1 million USD in fiscal 2025, mainly due to the USAHS acquisition, amid shifting federal regulation.
At the close of 04 Nov 2026, Perdoceo Education Corporation (PRDO) stock was 29.99 USD (+1.11% on the day), with market capitalisation 1.9 bn USD, P/E 10.9 on diluted EPS of 2.74 USD over the last 12 months, dividend yield 2.00%, beta 0.46, 52-week range 27.41–37.95 USD. Latest reported quarter (Q2 2026): revenue of 213.4 m USD (+1.8% YoY), net income of 48.0 m USD (+16.9% YoY), diluted EPS 0.75 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 33.3
- weak (30–45)
- Bollinger (20, 2)
- 29.41 – 35.62
- in the lower half of the band · %B 0.09 · band width 19.1%
- SMA 50 / 200
- 32.43 / 33.33
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.67 / -0.25
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −4.9% | −2.0% | −2.9 pp | — |
| 3 months | −9.2% | −2.2% | −7.0 pp | — |
| 6 months | −12.1% | +4.3% | −16.3 pp | — |
| Year to date | +2.3% | +10.6% | −8.3 pp | — |
| 1 year | −3.3% | +10.5% | −13.8 pp | −30.6% |
| 3 years | +71.3% | +73.7% | −2.4 pp | −18.2% |
| 5 years | +173.9% | +61.7% | +112.2 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 169.8 m | 176.4 m | 213.0 m | 209.6 m | 211.9 m | 211.6 m | 221.7 m | 213.4 m |
| Operating income | 44.8 m | 37.2 m | 51.7 m | 51.4 m | 51.0 m | 41.9 m | 63.1 m | 54.9 m |
| Depreciation & amortisation | 3.1 m | 5.5 m | 11.8 m | 10.1 m | 10.0 m | 9.7 m | 9.3 m | 9.3 m |
| Interest expense | 82.0 k | 84.0 k | 1.7 m | 1.6 m | 1.6 m | 1.6 m | 1.5 m | 1.5 m |
| Income tax | 14.1 m | 11.7 m | 12.8 m | 15.2 m | 16.2 m | 12.7 m | 14.2 m | 12.2 m |
| Net income | 38.3 m | 31.5 m | 43.7 m | 41.0 m | 39.9 m | 35.3 m | 54.0 m | 48.0 m |
| Diluted EPS | 0.57 | 0.47 ≈ | 0.65 | 0.62 | 0.60 | 0.54 ≈ | 0.85 | 0.75 |
| Operating cash flow | 51.0 m ≈ | 17.6 m | 65.1 m | 78.8 m ≈ | 41.2 m ≈ | 40.1 m | 69.4 m | 74.6 m ≈ |
| Share repurchases | 0 ≈ | 0 | 25.2 m | 20.9 m ≈ | 20.6 m ≈ | 54.1 m | 8.1 m | 6.8 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 55 percentile of its own 31-quarter history (min 6.6, median 10.5, max 25.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 581.3 m | 627.7 m | 687.3 m | 693.0 m | 695.2 m | 710.0 m | 681.3 m | 846.1 m |
| Revenue YoY | −2.5% | +8.0% | +9.5% | +0.8% | +0.3% | +2.1% | −4.0% | +24.2% |
| Net income | 55.2 m | 70.0 m | 124.3 m | 109.6 m | 95.9 m | 147.7 m | 147.6 m | 159.9 m |
| Net income YoY | unavailable | +26.8% | +77.6% | −11.8% | −12.6% | +54.0% | −0.0% | +8.4% |
| Diluted EPS | 0.77 | 0.97 | 1.74 | 1.55 | 1.39 | 2.18 | 2.19 | 2.42 |
| Diluted EPS YoY | unavailable | +26.0% | +79.4% | −10.9% | −10.3% | +56.8% | +0.5% | +10.5% |
| net % | 9.5% | 11.1% | 18.1% | 15.8% | 13.8% | 20.8% | 21.7% | 18.9% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 111.0 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 972.4 m USD
- Total assets
- 1.2 bn USD
- Debt / equity
- unavailable
- Current ratio
- 5.06x
- ROE
- 16.6%
- ROA
- 12.9%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 687.3 m | 693.0 m | 695.2 m | 710.0 m | 681.3 m | 846.1 m | SEC (XBRL)· 19 Feb 2026verified |
| Operating income | 142.9 m | 149.0 m | 129.6 m | 150.4 m | 174.3 m | 196.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Depreciation & amortisation | 14.8 m | 16.8 m | 19.7 m | 16.9 m | 14.6 m | 41.6 m | SEC (XBRL)· 19 Feb 2026verified |
| EBITDA | 157.7 m ≈ | 165.8 m ≈ | 149.4 m ≈ | 167.3 m ≈ | 188.9 m ≈ | 237.6 m ≈ | SEC (XBRL)· 19 Feb 2026derived |
| Interest expense | 167.0 k | 920.0 k | 400.0 k | 404.0 k | 613.0 k | 6.5 m | SEC (XBRL)· 19 Feb 2026verified |
| Income tax | 22.5 m | 39.4 m | 38.4 m | 44.5 m | 53.9 m | 56.9 m | SEC (XBRL)· 19 Feb 2026verified |
| Net income | 124.3 m | 109.6 m | 95.9 m | 147.7 m | 147.6 m | 159.9 m | SEC (XBRL)· 19 Feb 2026verified |
| Diluted EPS | 1.74 | 1.55 | 1.39 | 2.18 | 2.19 | 2.42 | SEC (XBRL)· 19 Feb 2026verified |
| Weighted average diluted shares | 71.3 m | 70.9 m | 69.0 m | 67.8 m | 67.2 m | 66.2 m | SEC (XBRL)· 19 Feb 2026verified |
| Dividend per share | — | — | — | 0.22 | 0.48 | 0.56 | SEC (XBRL)· 19 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 105.7 m | 320.0 m | 109.4 m | 118.0 m | 109.1 m | 111.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Inventories | 596.0 k | 904.0 k | 1.9 m | 5.0 m | 3.4 m | 4.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Current assets | 467.1 m | 554.5 m | 575.1 m | 655.0 m | 640.2 m | 696.9 m | SEC (XBRL)· 19 Feb 2026verified |
| Property, plant & equipment, net | 27.8 m | 28.4 m | 26.0 m | 21.4 m | 95.5 m | 83.3 m | SEC (XBRL)· 19 Feb 2026verified |
| Goodwill | 118.3 m | 162.6 m | 243.5 m | 241.2 m | 258.0 m | 265.7 m | SEC (XBRL)· 19 Feb 2026verified |
| Intangibles (excl. goodwill) | 15.5 m | 32.2 m | 53.6 m | 36.2 m | 95.0 m | 77.9 m | SEC (XBRL)· 19 Feb 2026verified |
| Total assets | 721.5 m | 847.4 m | 957.4 m | 1.0 bn | 1.2 bn | 1.2 bn | SEC (XBRL)· 19 Feb 2026verified |
| Accounts payable | 13.3 m | 10.8 m | 13.5 m | 10.8 m | 12.8 m | 14.3 m | SEC (XBRL)· 19 Feb 2026verified |
| Current liabilities | 103.8 m | 140.2 m | 163.4 m | 111.0 m | 132.2 m | 137.8 m | SEC (XBRL)· 19 Feb 2026verified |
| Equity | 555.9 m † | 650.1 m † | 725.8 m † | 841.4 m † | 959.5 m † | 972.4 m † | SEC (XBRL)· 19 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 180.0 m | 191.1 m | 148.2 m | 112.0 m | 161.6 m | 225.2 m | SEC (XBRL)· 19 Feb 2026verified |
| Investing cash flow | -165.9 m | 54.3 m | -326.8 m | -88.5 m | -107.8 m | -53.6 m | SEC (XBRL)· 19 Feb 2026verified |
| Financing cash flow | -13.1 m | -29.9 m | -27.7 m | -23.4 m | -41.1 m | -171.1 m | SEC (XBRL)· 19 Feb 2026verified |
| Dividends paid | — | — | — | 14.4 m | — | — | SEC (XBRL)· 21 Feb 2024verified |
| Share repurchases | 17.9 m | 25.3 m | 23.1 m | 8.3 m | 6.8 m | 120.8 m | SEC (XBRL)· 19 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 50.0% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 1.9 bn USD
Key indicators
Coverage and freshness
Score by group
50% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 17.91 – 48.92 USD.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E17.91 – 48.92 (Mid 35.36)15 companies used · median multiple 12.9x · quartiles 6.5x – 17.8xAPEI, CVSA, IH, LAUR, LFS, LGCY, LINC, LOPE, LRN, PXED, STG, STRA, TAL, VSA, YOUL
- Dividend discount (DDM)outside the aggregate7.36 – 9.90 (Mid 8.44)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 50.0% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 20.6% | 97 (vs peers) | 13% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 6.8% | 56 (on a fixed band) | 17% |
| EPS CAGR 3Y · Growth | 20.3% | 100 (on a fixed band) | 17% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 34.1x | 100 (on a fixed band) | 13% |
| Current ratio · Balance sheet | 4.7x | 100 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | 10.9x | 68 (vs peers) | 21% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 4.8% | 68 (on a fixed band) | 13% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet100/100 · 2/3 factors with a value
- Growth78/100 · 2/2 factors with a value
- Quality· partial97/100 · 1/3 factors with a value
- Returns· partial68/100 · 1/2 factors with a value
- Valuation· partial68/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
PERDOCEO EDUCATION CORP (PRDO). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 846.1 m USD in 2025; YoY growth 24.2%; net margin 20.6%; ROE 17.6%.
The estimated value range is 17.91–48.92 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 35.36 USD, the price of 29.99 USD leaves a potential of 17.9% (value / price − 1) and a margin of safety of 15.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 50.0% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 20.6%
- EPS CAGR 3Y: 20.3%
- Interest coverage: 34.1x
- Current ratio: 4.7x
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Net debt / EBITDA, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Services-Educational Services (SIC 8200) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| EDUNew Oriental Education & Technology Group Inc. | 80.7 bn | 169.7 | 12.4% | 8.4% | +15.5% | +2% / −36% |
| LAURLaureate Education, Inc. | 4.8 bn | 12.9 | 34.1% | 20.3% | +8.6% | +14% / +168% |
| CVSACovista Inc. | 4.1 bn | 17.0 | 17.9% | 12.8% | +9.3% | +34% / +118% |
| COE51Talk Online Education Group | 4.1 bn | — | — | -17.6% | +88.6% | −73% / +43% |
| LOPEGrand Canyon Education, Inc. | 3.9 bn | 18.2 | 31.0% | 19.6% | +7.1% | −4% / +10% |
| LRNStride, Inc. | 3.3 bn | 10.9 | 20.9% | 13.2% | +4.7% | +25% / +31% |
| DAOYoudao, Inc. | 2.5 bn | 159.2 | — | 1.6% | +9.6% | +105% / +397% |
| PRDOPerdoceo Education Corp | 1.9 bn | 10.9 | 17.6% | 20.6% | +24.2% | −3% / +71% |
| STRAStrategic Education, Inc. | 1.7 bn | 12.4 | 8.2% | 10.5% | +4.0% | −5% / −16% |
| YQ17 Education & Technology Group Inc. | 1.5 bn | — | -46.5% | -145.6% | −41.5% | −41% / +14% |
| UTIUniversal Technical Institute, Inc | 1.2 bn | 36.3 | 10.5% | 3.9% | +14.0% | −3% / +91% |
| PXEDPhoenix Education Partners, Inc. | 794.4 m | 9.5 | 30.1% | 8.7% | +1.0% | −36% / unavailable |
| APEIAmerican Public Education, Inc. | 776.2 m | 17.5 | 15.6% | 6.8% | +3.9% | +22% / +439% |
| LINCLincoln Educational Services Corporation | 637.9 m | 28.0 | 11.9% | 4.0% | +17.8% | −2% / +117% |
| JZJianzhi Education Technology Group Company Limited | 522.3 m | — | -44.4% | -22.4% | −70.6% | −98% / −100% |
| GOTUGaotu Techedu Inc. | 373.9 m | — | -20.8% | -5.3% | +40.9% | −0% / −9% |
| IHiHuman Inc. | 245.2 m | 22.8 | 10.0% | 11.8% | −8.7% | −60% / −59% |
| FEDUFour Seasons Education (Cayman) Inc. | 210.5 m | 46.6 | 6.8% | 12.1% | +7.6% | −30% / +13% |
| LXEHLixiang Education Holding Co. Ltd. | 155.2 m | — | -83.1% | -395.4% | −1.9% | −63% / −99% |
| LGCYLegacy Education Inc. | 118.1 m | 14.0 | 19.5% | 11.4% | +24.8% | −12% / unavailable |
| EEIQEpicQuest Education Group International Limited | 93.6 m | — | -34.8% | -27.2% | +9.6% | −23% / −81% |
| VSAVisionSys AI Inc | 81.8 m | 0.3 | — | 164,963.8% | −99.9% | −97% / −100% |
| CHGGChegg, Inc | 71.1 m | — | -30.7% | -17.2% | −39.0% | −34% / −94% |
| AMBOAmbow Education Holding Ltd. | 62.3 m | — | -2.9% | -2.6% | +0.8% | −61% / −10% |
| LFSLEIFRAS Co., Ltd. | 53.1 m | 18.5 | 23.7% | 3.7% | unavailable | −60% / unavailable |
1- and 3-year price returns: for PRDO from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 18.71 Total return -36% · Per year -36% | 33.04 Total return 12% · Per year 12% | 49.72 Total return 68% · Per year 68% |
| 3 years | 18.99 Total return -32% · Per year -12% | 37.66 Total return 33% · Per year 10% | 62.11 Total return 116% · Per year 29% |
| 5 years | 19.28 Total return -27% · Per year -6% | 42.93 Total return 56% · Per year 9% | 77.59 Total return 175% · Per year 22% |
- Exit P/E± 9.42
- Net margin± 6.59
- Annual revenue growth± 5.30
- Annual dilution± 0.55
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Perdoceo Education Corporation provides online, campus-based and hybrid postsecondary education through three accredited institutions: CTU, AIUS and USAHS. The company grew revenue to 846.1 million USD in fiscal 2025, mainly due to the USAHS acquisition, amid shifting federal regulation.
SWOT
Strengths
- The company has a solid balance sheet with substantial liquidity and grew both revenue and operating income in fiscal 2025.
- Program diversity across three institutions and a presence in healthcare give it a broader student base.
- Employer partnerships and advising technology support retention, which has remained at elevated levels.
Weaknesses
- Dependence on federal funding makes revenue sensitive to loan rules and the 90-10 revenue limit.
- The AIUS segment had nearly flat revenue and a decline in enrollments at one university in the system.
- Legal expenses rose at CTU, weighing on that segment's operating income in 2026.
Opportunities
- If employer demand stays strong, corporate partnerships could expand enrollments without high marketing costs.
- USAHS health programs could benefit from continued demand for qualified healthcare professionals.
- Using artificial intelligence in recruitment and student support could reduce operating costs.
Threats
- New graduate earnings rules could close programs or limit student access to funding.
- Policy changes by the federal administration can quickly alter the rules applying to the sector.
- Competition from traditional online universities and new providers could pressure pricing and enrollments.
Risks
- Federal regulatory compliancehigh
Failure to meet Title IV requirements could lead to financial penalties, restrictions or loss of authorization to operate the institutions.
- 90-10 Rulehigh
If an institution derives too much of its revenue from federal sources for two consecutive years, it could lose access to federal student aid.
- Graduate earnings criteriamedium
Programs failing the earnings thresholds could lose loan eligibility, and final implementing rules are not yet settled.
- Legal costsmedium
Ongoing litigation and legal expenses could continue to weigh on profitability, as seen at CTU in 2026.
- Enrollment declinelow
Lower interest in online programs or a decline at a single institute could affect revenue across the group.
Investment thesis
What would need to be true (bull case)
- If enrollment growth and retention remain high, operating income could continue to rise versus the prior year, in line with company guidance.
- A solid balance sheet and a growing dividend could support the company's flexibility in investment and share repurchases.
- The healthcare segment and employer partnerships could attract stable students at lower recruitment costs.
What would break the thesis
- New federal rules could reduce enrollments in master's and professional programs if funding becomes more restrictive.
- Legal and compliance costs could continue to weigh on profit even as revenue grows.
- If institutions fail the graduate earnings thresholds, they could lose access to important programs.
What to watch
- Delivery of the adjusted operating income outlook for fiscal 20262026
- Enrollment trends at AIUS and Trident UniversityQ3 2026
- Final graduate earnings rules and their effect on programs2027
- Effect of ending Grad PLUS loans on master's enrollmentsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Perdoceo offers degree programs from associate to doctoral level, plus non-degree professional development programs, through Colorado Technical University, American InterContinental University System and University of St. Augustine for Health Sciences. The company targets non-traditional adult learners, military personnel and employees sponsored by employers. Most students reside in the United States, and about 91% of enrollments are in fully online programs.
Segments
CTU
Colorado Technical University offers programs in business, healthcare management, computer science, engineering and cybersecurity, and was the largest segment by revenue in the second quarter of 2026.
AIUS
American InterContinental University System combines three universities with programs in business, information technology and education; its revenue was nearly flat in 2026, with a modest enrollment decline at Trident University.
USAHS
University of St. Augustine for Health Sciences offers graduate health sciences programs, mainly physical therapy, occupational therapy, speech-language pathology and nursing, with a strong clinical component and rising revenue in 2026.
Market context
The adult postsecondary education market is sensitive to federally funded programs, and private higher education faces heightened scrutiny from authorities. The company nonetheless reports rising enrollments, suggesting that demand for its online programs remains active.
Trends
- Federal loan reformheadwind
The July 2025 reconciliation law eliminates Grad PLUS loans for new graduate and professional students and introduces borrowing caps, which could reduce demand for master's programs.
- Graduate earnings requirementheadwind
A new earnings premium test applying to all degree programs could restrict federal funding access if programs fail to meet the thresholds.
- Employer-funded studentstailwind
Partnerships with employers offering education benefits could attract students the company would not otherwise reach, at lower recruitment costs.
- Technology and AI investmenttailwind
Chatbots based on large language models and data analytics could improve recruitment and retention if they remain effective in practice.
Competitive position
The company competes with other online adult education providers and with traditional universities offering distance programs. Strict sector regulation and public scrutiny of for-profit schools mean that competitive pressure is also shaped by compliance costs.
- Strategic EducationSTRA
US postsecondary education provider with online adult programs and a comparable student profile.
- Adtalem Global EducationATGE
US education group with professional health and finance programs competing for the same adult students.
- American Public EducationAPEI
US online university focused on adults and military students, with programs similar to the AIUS segment.
- Traditional online universities
Public and private universities with distance programs compete for the same students but have different cost structures.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- For-profit Perdoceo Education to acquire South University for $140MYahoo Finance — News · 14 Sept 2026 · EN
SEC filings
- Current report14 Sept 2026Material agreement · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report06 Aug 2026Results of operations · Financial statements and exhibits
- Current report27 May 2026Departure or appointment of officers · Shareholder vote · Financial statements and exhibits
- Quarterly report07 May 2026
- Current report07 May 2026Results of operations · Financial statements and exhibits
- Proxy statement09 Apr 2026
- Current report13 Mar 2026Departure or appointment of officers · Financial statements and exhibits
- Annual report19 Feb 2026
- Current report19 Feb 2026Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Perdoceo Education Corporation · 19 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Perdoceo Education Corporation · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Perdoceo Education Corporation · 06 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.