What is Grand Canyon Ed Inc's earnings per share (EPS)?

Grand Canyon Ed Inc (LOPE) reported diluted earnings per share of $7.71 for fiscal year 2025. This represents a -0.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Grand Canyon Ed Inc Financials

LOPE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Grand Canyon Ed Inc (LOPE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 74/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Grand Canyon Ed Inc has an operating margin of 24.0%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 76/100, reflecting efficient cost management and pricing power. This is down from 26.7% the prior year.

Growth

Grand Canyon Ed Inc's revenue grew 7.1% year-over-year to $1.1B, a solid pace of expansion. This earns a growth score of 45/100.

Leverage

Grand Canyon Ed Inc carries a low D/E ratio of 0.33, meaning only $0.33 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.65, Grand Canyon Ed Inc holds $3.65 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 71/100.

Cash Flow

Grand Canyon Ed Inc converts 21.6% of revenue into free cash flow ($238.6M). This strong cash generation earns a score of 79/100.

Returns

Grand Canyon Ed Inc earns a strong 28.9% return on equity (ROE), meaning it generates $29 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 75/100. This is up from 28.9% the prior year.

Altman Z-Score Safe

17.50

Grand Canyon Ed Inc scores 17.50, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.6B) relative to total liabilities ($245.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral

5/9

Grand Canyon Ed Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.27x

For every $1 of reported earnings, Grand Canyon Ed Inc generates $1.27 in operating cash flow ($273.5M OCF vs $216.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY+7.1%

5Y CAGR+5.6%

10Y CAGR+3.6%

Grand Canyon Ed Inc generated $1.1B in revenue in fiscal year 2025. This represents an increase of 7.1% from the prior year.

EBITDA

$297.1M

YoY-2.0%

5Y CAGR-0.1%

10Y CAGR+1.9%

Grand Canyon Ed Inc's EBITDA was $297.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2.0% from the prior year.

Net Income

$216.2M

YoY-4.4%

5Y CAGR-3.4%

10Y CAGR+5.1%

Grand Canyon Ed Inc reported $216.2M in net income in fiscal year 2025. This represents a decrease of 4.4% from the prior year.

EPS (Diluted)

$7.71

YoY-0.3%

5Y CAGR+7.2%

10Y CAGR+10.7%

Grand Canyon Ed Inc earned $7.71 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 0.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$238.6M

YoY-5.6%

5Y CAGR-3.1%

Grand Canyon Ed Inc generated $238.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 5.6% from the prior year.

Cash & Debt

$111.8M

YoY-65.6%

5Y CAGR-14.6%

10Y CAGR+17.1%

Grand Canyon Ed Inc held $111.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

27M

YoY-5.5%

5Y CAGR-10.4%

10Y CAGR-5.2%

Grand Canyon Ed Inc had 27M shares outstanding in fiscal year 2025. This represents a decrease of 5.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

24.0%

YoY-2.6pp

5Y CAGR-8.8pp

10Y CAGR-3.0pp

Grand Canyon Ed Inc's operating margin was 24.0% in fiscal year 2025, reflecting core business profitability. This is down 2.6 percentage points from the prior year.

Net Margin

19.5%

YoY-2.4pp

5Y CAGR-10.9pp

10Y CAGR+2.6pp

Grand Canyon Ed Inc's net profit margin was 19.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.4 percentage points from the prior year.

Return on Equity

28.9%

YoY+0.1pp

5Y CAGR+12.6pp

10Y CAGR+7.4pp

Grand Canyon Ed Inc's ROE was 28.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$264.8M

YoY+52.9%

5Y CAGR+14.6%

10Y CAGR+32.8%

Grand Canyon Ed Inc spent $264.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 52.9% from the prior year.

Capital Expenditures

$34.8M

YoY-6.5%

5Y CAGR+3.4%

10Y CAGR-16.2%

Grand Canyon Ed Inc invested $34.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 6.5% from the prior year.

LOPE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.1B+7.1%	$1.0B+7.5%	$960.9M+5.4%	$911.3M+1.6%	$896.6M+6.2%	$844.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$47.4M+2.4%	$46.3M+7.1%	$43.2M-5.0%	$45.5M+8.8%	$41.8M-3.5%	$43.4M
Operating Income	$265.9M-3.4%	$275.4M+10.5%	$249.3M+4.9%	$237.5M-15.8%	$282.2M+1.7%	$277.4M
Interest Expense	N/A	$4K-87.9%	$33K+1550.0%	$2K-99.9%	$3.6M-18.2%	$4.4M
Income Tax	$63.7M-2.2%	$65.1M+19.0%	$54.7M-1.4%	$55.4M-21.8%	$70.9M-6.6%	$75.9M
Net Income	$216.2M-4.4%	$226.2M+10.4%	$205.0M+11.0%	$184.7M-29.1%	$260.3M+1.2%	$257.2M
EPS (Diluted)	$7.71-0.3%	$7.73+13.7%	$6.80+18.7%	$5.73-3.2%	$5.92+8.6%	$5.45

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$308.1M+18.0%	$261.1M+5.5%	$247.5M-14.5%	$289.3M-1.1%	$292.6M+22.8%	$238.3M+4.8%	$227.5M-17.2%	$274.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.5M-30.8%	$15.1M+32.8%	$11.4M+10.1%	$10.4M-1.9%	$10.6M-26.4%	$14.4M+35.1%	$10.6M-0.9%	$10.7M
Operating Income	$108.1M+499.8%	$18.0M-65.2%	$51.8M-41.2%	$88.0M-12.0%	$100.0M+107.6%	$48.2M+12.8%	$42.7M-49.4%	$84.5M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	$2K0.0%	$2K
Income Tax	$25.0M+365.3%	$5.4M-60.0%	$13.5M-31.9%	$19.8M-10.4%	$22.1M+103.2%	$10.9M-9.1%	$12.0M-40.8%	$20.2M
Net Income	$86.7M+432.9%	$16.3M-60.8%	$41.5M-42.0%	$71.6M-12.5%	$81.9M+97.5%	$41.5M+18.9%	$34.9M-48.7%	$68.0M
EPS (Diluted)	N/A	$0.58-60.8%	$1.48-41.3%	$2.52	N/A	$1.42+19.3%	$1.19-48.0%	$2.29

LOPE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$992.3M-2.6%	$1.0B+9.5%	$930.5M+11.7%	$832.7M-31.9%	$1.2B-33.7%	$1.8B
Current Assets	$400.2M-4.7%	$420.0M+24.4%	$337.5M+23.5%	$273.3M-59.9%	$681.0M+104.1%	$333.7M
Cash & Equivalents	$111.8M-65.6%	$324.6M+121.6%	$146.5M+21.6%	$120.4M-80.0%	$600.9M+144.5%	$245.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$84.3M+1.6%	$82.9M+5.2%	$78.8M+1.8%	$77.4M+10.5%	$70.1M+12.7%	$62.2M
Goodwill	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M
Total Liabilities	$245.4M+4.6%	$234.6M+10.4%	$212.4M+8.9%	$195.1M+9.8%	$177.7M-34.2%	$270.3M
Current Liabilities	$109.8M-1.1%	$111.0M+14.4%	$97.0M-2.7%	$99.7M+1.8%	$97.9M-17.5%	$118.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$107.8M
Total Equity	$746.9M-4.7%	$783.9M+9.2%	$718.0M+12.6%	$637.6M-39.0%	$1.0B-33.6%	$1.6B
Retained Earnings	$2.7B+8.7%	$2.5B+10.1%	$2.2B+10.0%	$2.0B+10.0%	$1.9B+16.3%	$1.6B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$992.3M-3.9%	$1.0B+1.2%	$1.0B-1.0%	$1.0B+1.3%	$1.0B+2.6%	$992.9M0.0%	$992.7M-4.1%	$1.0B
Current Assets	$400.2M-7.8%	$434.0M+2.7%	$422.5M-3.2%	$436.4M+3.9%	$420.0M+6.8%	$393.4M+0.9%	$389.8M-12.3%	$444.5M
Cash & Equivalents	$111.8M+14.9%	$97.3M-49.4%	$192.3M+33.1%	$144.5M-55.5%	$324.6M+23.2%	$263.6M+9.2%	$241.3M+23.0%	$196.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$84.3M-30.9%	$122.0M+340.6%	$27.7M-76.1%	$115.7M+39.5%	$82.9M-28.7%	$116.4M+295.2%	$29.5M-73.6%	$111.7M
Goodwill	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M
Total Liabilities	$245.4M-10.7%	$274.8M+13.1%	$243.0M-3.1%	$250.7M+6.9%	$234.6M+2.5%	$228.8M-2.0%	$233.5M-15.4%	$276.1M
Current Liabilities	$109.8M-19.7%	$136.7M+14.9%	$119.0M-7.2%	$128.2M+15.5%	$111.0M+4.1%	$106.6M-0.9%	$107.5M-32.9%	$160.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$746.9M-1.5%	$758.0M-2.6%	$778.0M-0.3%	$780.7M-0.4%	$783.9M+2.6%	$764.1M+0.7%	$759.2M0.0%	$759.4M
Retained Earnings	$2.7B+3.3%	$2.6B+0.6%	$2.6B+1.6%	$2.5B+2.9%	$2.5B+3.4%	$2.4B+1.8%	$2.3B+1.5%	$2.3B

LOPE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$273.5M-5.7%	$290.0M+19.0%	$243.7M+10.3%	$220.8M-29.5%	$313.1M+1.4%	$308.8M
Capital Expenditures	$34.8M-6.5%	$37.2M-16.4%	$44.5M+26.4%	$35.2M+22.0%	$28.9M-1.8%	$29.4M
Free Cash Flow	$238.6M-5.6%	$252.7M+26.9%	$199.1M+7.3%	$185.6M-34.7%	$284.2M+1.7%	$279.4M
Investing Cash Flow	-$221.6M-461.1%	$61.4M+176.3%	-$80.5M+17.2%	-$97.1M-110.2%	$951.0M+5014.4%	-$19.4M
Financing Cash Flow	-$264.8M-52.9%	-$173.2M-26.3%	-$137.1M+77.3%	-$604.2M+33.5%	-$908.9M-446.6%	-$166.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$264.8M+52.9%	$173.2M+26.3%	$137.1M-77.3%	$604.2M-24.8%	$803.8M+499.8%	$134.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$130.5M+368.3%	-$48.6M-139.2%	$124.0M+83.4%	$67.6M-50.2%	$135.8M+562.2%	-$29.4M-129.8%	$98.6M+16.0%	$85.0M
Capital Expenditures	$7.6M-21.2%	$9.7M+12.2%	$8.6M-3.7%	$8.9M-8.2%	$9.7M+1.9%	$9.6M+6.9%	$9.0M-0.3%	$9.0M
Free Cash Flow	$122.9M+310.8%	-$58.3M-150.5%	$115.4M+96.6%	$58.7M-53.5%	$126.1M+423.6%	-$39.0M-143.5%	$89.6M+17.9%	$76.0M
Investing Cash Flow	-$16.0M-132.7%	-$6.9M+76.2%	-$28.9M+83.0%	-$169.9M-1610.5%	-$9.9M-110.9%	$91.3M+719.8%	-$14.7M-180.0%	-$5.3M
Financing Cash Flow	-$100.0M-153.3%	-$39.5M+16.6%	-$47.4M+39.1%	-$77.9M-20.1%	-$64.8M-63.6%	-$39.6M-2.3%	-$38.7M-29.2%	-$30.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$100.0M+153.3%	$39.5M-16.6%	$47.4M-39.1%	$77.9M+20.1%	$64.8M+63.6%	$39.6M+2.3%	$38.7M+29.2%	$30.0M

LOPE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	24.0%-2.6pp	26.7%+0.7pp	25.9%-0.1pp	26.1%-5.4pp	31.5%-1.4pp	32.9%
Net Margin	19.5%-2.4pp	21.9%+0.6pp	21.3%+1.1pp	20.3%-8.8pp	29.0%-1.4pp	30.5%
Return on Equity	28.9%+0.1pp	28.9%+0.3pp	28.5%-0.4pp	29.0%+4.1pp	24.9%+8.6pp	16.3%
Return on Assets	21.8%-0.4pp	22.2%+0.2pp	22.0%-0.2pp	22.2%+0.9pp	21.3%+7.4pp	13.9%
Current Ratio	3.65-0.1	3.78+0.3	3.48+0.7	2.74-4.2	6.95+4.1	2.81
Debt-to-Equity	0.33+0.0	0.300.0	0.30-0.0	0.31+0.1	0.17+0.1	0.07
FCF Margin	21.6%-2.9pp	24.5%+3.7pp	20.7%+0.4pp	20.4%-11.3pp	31.7%-1.4pp	33.1%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	35.1%+28.2pp	6.9%-14.0pp	20.9%-9.5pp	30.4%-3.8pp	34.2%+14.0pp	20.2%+1.4pp	18.8%-12.0pp	30.8%
Net Margin	28.1%+21.9pp	6.2%-10.6pp	16.8%-8.0pp	24.8%-3.2pp	28.0%+10.6pp	17.4%+2.1pp	15.3%-9.4pp	24.8%
Return on Equity	11.6%+9.5pp	2.1%-3.2pp	5.3%-3.8pp	9.2%-1.3pp	10.4%+5.0pp	5.4%+0.8pp	4.6%-4.4pp	9.0%
Return on Assets	8.7%+7.2pp	1.6%-2.5pp	4.1%-2.9pp	6.9%-1.1pp	8.0%+3.9pp	4.2%+0.7pp	3.5%-3.1pp	6.6%
Current Ratio	3.65+0.5	3.17-0.4	3.55+0.1	3.40-0.4	3.78+0.1	3.69+0.1	3.63+0.9	2.78
Debt-to-Equity	0.33-0.0	0.36+0.0	0.310.0	0.32+0.0	0.300.0	0.300.0	0.31-0.1	0.36
FCF Margin	39.9%+62.2pp	-22.3%-68.9pp	46.6%+26.3pp	20.3%-22.8pp	43.1%+59.4pp	-16.4%-55.7pp	39.4%+11.7pp	27.7%

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Frequently Asked Questions

What is Grand Canyon Ed Inc's annual revenue?

Grand Canyon Ed Inc (LOPE) reported $1.1B in total revenue for fiscal year 2025. This represents a 7.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Grand Canyon Ed Inc's revenue growing?

Grand Canyon Ed Inc (LOPE) revenue grew by 7.1% year-over-year, from $1.0B to $1.1B in fiscal year 2025.

Is Grand Canyon Ed Inc profitable?

Yes, Grand Canyon Ed Inc (LOPE) reported a net income of $216.2M in fiscal year 2025, with a net profit margin of 19.5%.

What is Grand Canyon Ed Inc's EBITDA?

Grand Canyon Ed Inc (LOPE) had EBITDA of $297.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Grand Canyon Ed Inc's operating margin?

Grand Canyon Ed Inc (LOPE) had an operating margin of 24.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Grand Canyon Ed Inc's net profit margin?

Grand Canyon Ed Inc (LOPE) had a net profit margin of 19.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Grand Canyon Ed Inc's return on equity (ROE)?

Grand Canyon Ed Inc (LOPE) has a return on equity of 28.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Grand Canyon Ed Inc's free cash flow?

Grand Canyon Ed Inc (LOPE) generated $238.6M in free cash flow during fiscal year 2025. This represents a -5.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Grand Canyon Ed Inc's operating cash flow?

Grand Canyon Ed Inc (LOPE) generated $273.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Grand Canyon Ed Inc's total assets?

Grand Canyon Ed Inc (LOPE) had $992.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Grand Canyon Ed Inc's capital expenditures?

Grand Canyon Ed Inc (LOPE) invested $34.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Grand Canyon Ed Inc buy back shares?

Yes, Grand Canyon Ed Inc (LOPE) spent $264.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Grand Canyon Ed Inc have outstanding?

Grand Canyon Ed Inc (LOPE) had 27M shares outstanding as of fiscal year 2025.

What is Grand Canyon Ed Inc's current ratio?

Grand Canyon Ed Inc (LOPE) had a current ratio of 3.65 as of fiscal year 2025, which is generally considered healthy.

What is Grand Canyon Ed Inc's debt-to-equity ratio?

Grand Canyon Ed Inc (LOPE) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Grand Canyon Ed Inc's return on assets (ROA)?

Grand Canyon Ed Inc (LOPE) had a return on assets of 21.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Grand Canyon Ed Inc's Altman Z-Score?

Grand Canyon Ed Inc (LOPE) has an Altman Z-Score of 17.50, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Grand Canyon Ed Inc's Piotroski F-Score?

Grand Canyon Ed Inc (LOPE) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Grand Canyon Ed Inc's earnings high quality?

Grand Canyon Ed Inc (LOPE) has an earnings quality ratio of 1.27x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Grand Canyon Ed Inc?

Grand Canyon Ed Inc (LOPE) scores 74 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.