Grand Canyon Ed Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Grand Canyon Ed Inc has an operating margin of 26.7%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 25.9% the prior year.
Grand Canyon Ed Inc's revenue grew 7.5% year-over-year to $1.0B, a solid pace of expansion. This earns a growth score of 50/100.
Grand Canyon Ed Inc carries a low D/E ratio of 0.30, meaning only $0.30 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.78, Grand Canyon Ed Inc holds $3.78 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Grand Canyon Ed Inc converts 24.5% of revenue into free cash flow ($252.7M). This strong cash generation earns a score of 100/100.
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 100/100. This is up from 28.5% the prior year.
Grand Canyon Ed Inc scores 17.19, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.5B) relative to total liabilities ($234.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Grand Canyon Ed Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Grand Canyon Ed Inc generates $1.28 in operating cash flow ($290.0M OCF vs $226.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Grand Canyon Ed Inc earns $68849.8 in operating income for every $1 of interest expense ($275.4M vs $4K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Grand Canyon Ed Inc (LOPE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).
Key Financial Metrics
Grand Canyon Ed Inc generated $1.0B in revenue in fiscal year 2024. This represents an increase of 7.5% from the prior year.
Grand Canyon Ed Inc's EBITDA was $303.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.3% from the prior year.
Grand Canyon Ed Inc generated $252.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 26.9% from the prior year.
Grand Canyon Ed Inc reported $226.2M in net income in fiscal year 2024. This represents an increase of 10.4% from the prior year.
Grand Canyon Ed Inc earned $7.73 per diluted share (EPS) in fiscal year 2024. This represents an increase of 13.7% from the prior year.
Grand Canyon Ed Inc held $324.6M in cash against $0 in long-term debt as of fiscal year 2024.
Grand Canyon Ed Inc had 29M shares outstanding in fiscal year 2024. This represents a decrease of 4.3% from the prior year.
Grand Canyon Ed Inc's operating margin was 26.7% in fiscal year 2024, reflecting core business profitability. This is up 0.7 percentage points from the prior year.
Grand Canyon Ed Inc's net profit margin was 21.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.
Grand Canyon Ed Inc's ROE was 28.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the prior year.
Grand Canyon Ed Inc spent $173.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 26.3% from the prior year.
Grand Canyon Ed Inc invested $37.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 16.4% from the prior year.
LOPE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $261.1M+5.5% | $247.5M-14.5% | $289.3M-1.1% | $292.6M+28.6% | $227.5M-17.2% | $274.7M-1.3% | $278.3M+25.4% | $221.9M |
| 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 | $15.1M+32.8% | $11.4M+10.1% | $10.4M-1.9% | $10.6M-0.6% | $10.6M-0.9% | $10.7M+3.2% | $10.4M-14.6% | $12.2M |
| Operating Income | $18.0M-65.2% | $51.8M-41.2% | $88.0M-12.0% | $100.0M+134.2% | $42.7M-49.4% | $84.5M-13.6% | $97.8M+135.4% | $41.5M |
| Interest Expense | N/A | N/A | N/A | N/A | $2K0.0% | $2K-66.7% | $6K+500.0% | $1K |
| Income Tax | $5.4M-60.0% | $13.5M-31.9% | $19.8M-10.4% | $22.1M+84.7% | $12.0M-40.8% | $20.2M+0.7% | $20.1M+134.9% | $8.5M |
| Net Income | $16.3M-60.8% | $41.5M-42.0% | $71.6M-12.5% | $81.9M+134.8% | $34.9M-48.7% | $68.0M-15.7% | $80.7M+125.8% | $35.7M |
| EPS (Diluted) | $0.58-60.8% | $1.48-41.3% | $2.52-11.0% | $2.83+137.8% | $1.19-48.0% | $2.29-15.5% | $2.71+127.7% | $1.19 |
LOPE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B+1.2% | $1.0B-1.0% | $1.0B+1.3% | $1.0B+2.6% | $992.7M-4.1% | $1.0B+11.3% | $930.5M+7.8% | $863.2M |
| Current Assets | $434.0M+2.7% | $422.5M-3.2% | $436.4M+3.9% | $420.0M+7.7% | $389.8M-12.3% | $444.5M+31.7% | $337.5M+22.9% | $274.7M |
| Cash & Equivalents | $97.3M-49.4% | $192.3M+33.1% | $144.5M-55.5% | $324.6M+34.5% | $241.3M+23.0% | $196.2M+34.0% | $146.5M+157.6% | $56.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $122.0M+340.6% | $27.7M-76.1% | $115.7M+39.5% | $82.9M+181.6% | $29.5M-73.6% | $111.7M+41.7% | $78.8M-24.6% | $104.5M |
| 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 | $274.8M+13.1% | $243.0M-3.1% | $250.7M+6.9% | $234.6M+0.5% | $233.5M-15.4% | $276.1M+30.0% | $212.4M-0.1% | $212.6M |
| Current Liabilities | $136.7M+14.9% | $119.0M-7.2% | $128.2M+15.5% | $111.0M+3.3% | $107.5M-32.9% | $160.1M+65.0% | $97.0M-2.5% | $99.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $758.0M-2.6% | $778.0M-0.3% | $780.7M-0.4% | $783.9M+3.2% | $759.2M0.0% | $759.4M+5.8% | $718.0M+10.4% | $650.5M |
| Retained Earnings | $2.6B+0.6% | $2.6B+1.6% | $2.5B+2.9% | $2.5B+5.3% | $2.3B+1.5% | $2.3B+3.0% | $2.2B+3.7% | $2.2B |
LOPE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$48.6M-139.2% | $124.0M+83.4% | $67.6M-50.2% | $135.8M+37.8% | $98.6M+16.0% | $85.0M-27.0% | $116.4M+489.9% | -$29.9M |
| Capital Expenditures | $9.7M+12.2% | $8.6M-3.7% | $8.9M-8.2% | $9.7M+8.9% | $9.0M-0.3% | $9.0M-13.3% | $10.4M-37.6% | $16.6M |
| Free Cash Flow | -$58.3M-150.5% | $115.4M+96.6% | $58.7M-53.5% | $126.1M+40.7% | $89.6M+17.9% | $76.0M-28.3% | $106.0M+328.3% | -$46.4M |
| Investing Cash Flow | -$6.9M+76.2% | -$28.9M+83.0% | -$169.9M-1610.5% | -$9.9M+32.6% | -$14.7M-180.0% | -$5.3M+47.1% | -$9.9M+55.8% | -$22.5M |
| Financing Cash Flow | -$39.5M+16.6% | -$47.4M+39.1% | -$77.9M-20.1% | -$64.8M-67.5% | -$38.7M-29.2% | -$30.0M-78.0% | -$16.8M+50.1% | -$33.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $39.5M-16.6% | $47.4M-39.1% | $77.9M+20.1% | $64.8M+67.5% | $38.7M+29.2% | $30.0M+78.0% | $16.8M-50.1% | $33.7M |
LOPE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 6.9%-14.0pp | 20.9%-9.5pp | 30.4%-3.8pp | 34.2%+15.4pp | 18.8%-12.0pp | 30.8%-4.4pp | 35.1%+16.4pp | 18.7% |
| Net Margin | 6.2%-10.6pp | 16.8%-8.0pp | 24.8%-3.2pp | 28.0%+12.7pp | 15.3%-9.4pp | 24.8%-4.2pp | 29.0%+12.9pp | 16.1% |
| Return on Equity | 2.1%-3.2pp | 5.3%-3.8pp | 9.2%-1.3pp | 10.4%+5.9pp | 4.6%-4.4pp | 9.0%-2.3pp | 11.2%+5.8pp | 5.5% |
| Return on Assets | 1.6%-2.5pp | 4.1%-2.9pp | 6.9%-1.1pp | 8.0%+4.5pp | 3.5%-3.1pp | 6.6%-2.1pp | 8.7%+4.5pp | 4.1% |
| Current Ratio | 3.17-0.4 | 3.55+0.1 | 3.40-0.4 | 3.78+0.2 | 3.63+0.9 | 2.78-0.7 | 3.48+0.7 | 2.76 |
| Debt-to-Equity | 0.36+0.0 | 0.310.0 | 0.32+0.0 | 0.300.0 | 0.31-0.1 | 0.36+0.1 | 0.30-0.0 | 0.33 |
| FCF Margin | -22.3%-68.9pp | 46.6%+26.3pp | 20.3%-22.8pp | 43.1%+3.7pp | 39.4%+11.7pp | 27.7%-10.4pp | 38.1%+59.0pp | -20.9% |
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Frequently Asked Questions
What is Grand Canyon Ed Inc's annual revenue?
Grand Canyon Ed Inc (LOPE) reported $1.0B in total revenue for fiscal year 2024. This represents a 7.5% 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 7.5% year-over-year, from $960.9M to $1.0B in fiscal year 2024.
Is Grand Canyon Ed Inc profitable?
Yes, Grand Canyon Ed Inc (LOPE) reported a net income of $226.2M in fiscal year 2024, with a net profit margin of 21.9%.
What is Grand Canyon Ed Inc's earnings per share (EPS)?
Grand Canyon Ed Inc (LOPE) reported diluted earnings per share of $7.73 for fiscal year 2024. This represents a 13.7% 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.
What is Grand Canyon Ed Inc's EBITDA?
Grand Canyon Ed Inc (LOPE) had EBITDA of $303.2M in fiscal year 2024, 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 26.7% in fiscal year 2024, 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 21.9% in fiscal year 2024, 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 2024, 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 $252.7M in free cash flow during fiscal year 2024. This represents a 26.9% 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 $290.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Grand Canyon Ed Inc's total assets?
Grand Canyon Ed Inc (LOPE) had $1.0B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Grand Canyon Ed Inc's capital expenditures?
Grand Canyon Ed Inc (LOPE) invested $37.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Grand Canyon Ed Inc buy back shares?
Yes, Grand Canyon Ed Inc (LOPE) spent $173.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Grand Canyon Ed Inc have outstanding?
Grand Canyon Ed Inc (LOPE) had 29M shares outstanding as of fiscal year 2024.
What is Grand Canyon Ed Inc's current ratio?
Grand Canyon Ed Inc (LOPE) had a current ratio of 3.78 as of fiscal year 2024, 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 0.30 as of fiscal year 2024, 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 22.2% for fiscal year 2024, 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 17.19, 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 6 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 1.28x, 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.
Can Grand Canyon Ed Inc cover its interest payments?
Grand Canyon Ed Inc (LOPE) has an interest coverage ratio of 68849.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Grand Canyon Ed Inc?
Grand Canyon Ed Inc (LOPE) scores 92 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.