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

Grand Canyon Education, 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 Education, Inc (LOPE) Financials

LOPE

Trailing 12 months to June 30, 2026

Revenue $1.1B +7.0% YoY

Net Income $8.3M -21.4% YoY

EPS (Diluted) $8.24 0.0% YoY

Free Cash Flow $242.6M -7.1% YoY

Market Cap $4.1B as of Oct 3, 2026

Price / Sales 3.6x on $1.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 492x on $8.3M net income, trailing 12 months to June 30, 2026

Price / Book 6.1x on $669.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LOPE SEC filings page.

Grand Canyon Education, Inc (LOPE) reported $1.1B in revenue over the twelve months to Jun 30, 2026, up 7.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI LOPE FY2025 2026-10-03

Revenue growth is reaching a mature cost base: cash generation remains dependable, while buybacks absorb more capital than annual free cash flow.

Revenue rose in FY2025 even as operating cash flow fell, indicating that incremental sales were less productive in cash terms. Yet free-cash-flow conversion remained about 87.3% of operating cash flow in FY2025 versus 87.1% in FY2024, so the pressure reflects weaker operating earnings rather than a new cash-conversion problem.

Operating margin fell from 26.7% to 24.0% in FY2025 as revenue grew, indicating that costs absorbed more of each additional sales dollar rather than growth improving profitability.

The company generated $238.6M of free cash flow against $264.8M of buybacks in FY2025; shareholder distributions exceeded internally generated cash for the year. Liabilities were 24.7% of assets and the current ratio was 3.6x, indicating a lightly obligated balance sheet despite that distribution pace.

Financial Health Signals

Financial Health Score 81/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Grand Canyon Education, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Grand Canyon Education, 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 91/100, reflecting efficient cost management and pricing power. This is down from 26.7% the prior year.

Growth

Grand Canyon Education, Inc's revenue grew 7.1% year-over-year to $1.1B, a solid pace of expansion. This earns a growth score of 58/100.

Leverage

Grand Canyon Education, 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 68/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.65, Grand Canyon Education, Inc holds $3.65 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 85/100.

Cash Flow

Grand Canyon Education, Inc converts 21.6% of revenue into free cash flow ($238.6M). This strong cash generation earns a score of 89/100.

Returns

Grand Canyon Education, Inc earns a strong 0.0% return on equity (ROE), meaning it generates less than $1 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 96/100. This is unchanged from the prior year.

Altman Z-Score Safe

16.07

Grand Canyon Education, Inc scores 16.07, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.1B) relative to total liabilities ($245.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/7

Grand Canyon Education, Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

N/A

Grand Canyon Education, Inc reported $216K of net income while generating $273.5M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Key Financial Metrics

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Earnings & Revenue

Revenue

$264.0M

YoY+6.7%

QoQ-14.5%

5Y CAGR+5.6%

10Y CAGR+3.3%

Grand Canyon Education, Inc generated $264.0M in revenue in Q2 2026. This represents an increase of 6.7% from the same quarter a year earlier. Against the prior quarter it is down 14.5%.

Net Income

$45.9M

YoY+10.4%

QoQ-39.1%

5Y CAGR-1.5%

10Y CAGR+5.2%

Grand Canyon Education, Inc reported $45.9M in net income in Q2 2026. This represents an increase of 10.4% from the same quarter a year earlier. Against the prior quarter it is down 39.1%.

EPS (Diluted)

$1.75

YoY+18.2%

QoQ-37.5%

5Y CAGR+9.9%

10Y CAGR+11.5%

Grand Canyon Education, Inc earned $1.75 per diluted share (EPS) in Q2 2026. This represents an increase of 18.2% from the same quarter a year earlier. Against the prior quarter it is down 37.5%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$97.9M

YoY-15.1%

QoQ+22.3%

5Y CAGR-2.9%

Grand Canyon Education, Inc generated $97.9M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 15.1% from the same quarter a year earlier. Against the prior quarter it is up 22.3%.

Cash & Debt

$171.1M

YoY-11.0%

QoQ+77.9%

5Y CAGR+19.8%

10Y CAGR+14.4%

Grand Canyon Education, Inc held $171.1M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

26M

YoY-7.2%

QoQ-1.7%

5Y CAGR-10.4%

10Y CAGR-5.8%

Grand Canyon Education, Inc had 26M shares outstanding in Q2 2026. This represents a decrease of 7.2% from the same quarter a year earlier. Against the prior quarter it is down 1.7%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

22.0%

YoY+1.1pp

QoQ-8.9pp

5Y change-2.9pp

10Y change-1.4pp

Grand Canyon Education, Inc's operating margin was 22.0% in Q2 2026, reflecting core business profitability. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.9 percentage points.

Net Margin

17.4%

YoY+0.6pp

QoQ-7.0pp

5Y change-7.2pp

10Y change+2.9pp

Grand Canyon Education, Inc's net profit margin was 17.4% in Q2 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.0 percentage points.

Return on Equity

6.9%

YoY+1.5pp

QoQ-4.0pp

5Y change+3.6pp

10Y change+2.8pp

Grand Canyon Education, Inc's ROE was 6.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.0 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$75.3M

YoY+58.9%

QoQ-41.1%

5Y CAGR-5.2%

10Y CAGR+107.0%

Grand Canyon Education, Inc spent $75.3M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 58.9% from the same quarter a year earlier. Against the prior quarter it is down 41.1%.

Capital Expenditures

$10.7M

YoY+24.6%

QoQ+32.0%

5Y CAGR+9.4%

10Y CAGR-16.6%

Grand Canyon Education, Inc invested $10.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 24.6% from the same quarter a year earlier. Against the prior quarter it is up 32.0%.

R&D Spending

Not reported for Q2 2026.

LOPE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LOPE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.1B	$1.1B+7.1%	$1.0B+7.5%	$960.9M+5.4%	$911.3M+1.6%	$896.6M+6.2%	$844.1M+8.4%	$778.6M-7.9%	$845.5M-13.2%	$974.1M+11.5%	$873.3M+12.2%	$778.2M+12.6%	$691.1M+15.5%	$598.3M+17.0%	$511.3M+19.8%	$426.7M
SG&A Expenses	$46.1M	$47.4M+2.4%	$46.3M+7.1%	$43.2M-5.0%	$45.5M+8.8%	$41.8M-3.5%	$43.4M-2.2%	$44.3M+47.9%	$30.0M+10.4%	$27.2M-3.3%	$28.1M-33.3%	$42.1M+6.2%	$39.6M+7.3%	$36.9M+4.0%	$35.5M+22.2%	$29.0M
Operating Income	$279.7M	$265.9M-3.4%	$275.4M+10.5%	$249.3M+4.9%	$237.5M-15.8%	$282.2M+1.7%	$277.4M+4.6%	$265.1M+2.7%	$258.1M-8.7%	$282.8M+19.2%	$237.2M+12.8%	$210.4M+16.3%	$180.8M+26.2%	$143.3M+25.6%	$114.1M+38.8%	$82.2M
EBITDA	N/A	$297.1M-2.0%	$303.2M+11.3%	$272.4M+4.9%	$259.6M-14.5%	$303.6M+1.8%	$298.3M+5.2%	$283.5M-3.5%	$293.7M-12.7%	$336.4M+19.3%	$282.0M+14.6%	$246.0M+17.0%	$210.3M+24.6%	$168.7M+24.1%	$136.0M+37.1%	$99.2M
Interest Expense	N/A	N/A	$4K-87.9%	$33K+1550.0%	$2K-99.9%	$3.6M-18.2%	$4.4M-61.1%	$11.3M+636.4%	$1.5M-29.2%	$2.2M+63.3%	$1.3M+6.4%	$1.2M-30.7%	$1.8M-19.7%	$2.2M+221.0%	$699K-2.9%	$720K
Income Tax	$68.6M	$63.7M-2.2%	$65.1M+19.0%	$54.7M-1.4%	$55.4M-21.8%	$70.9M-6.6%	$75.9M+30.2%	$58.3M+0.6%	$58.0M-27.7%	$80.2M-8.4%	$87.6M+12.9%	$77.6M+13.7%	$68.2M+21.4%	$56.2M+27.8%	$44.0M+41.9%	$31.0M
Net Income	$8.3M	$216K-4.4%	$226K+10.4%	$205K+11.0%	$185K-29.1%	$260K-99.9%	$257.2M-0.8%	$259.2M+13.2%	$229.0M+12.6%	$203.3M+36.9%	$148.5M+13.0%	$131.4M+17.9%	$111.5M+25.7%	$88.7M+27.7%	$69.4M+37.4%	$50.5M
EPS (Basic)	N/A	$7.76-0.1%	$7.77+13.8%	$6.83+18.8%	$5.75-3.2%	$5.94+8.2%	$5.49+1.3%	$5.42+12.7%	$4.81+11.6%	$4.31+33.9%	$3.22+12.6%	$2.86+16.7%	$2.45+23.7%	$1.98+26.1%	$1.57+38.9%	$1.13
EPS (Diluted)	$8.24	$7.71-0.3%	$7.73+13.7%	$6.80+18.7%	$5.73-3.2%	$5.92	$5.45+1.5%	$5.37+13.5%	$4.73+12.1%	$4.22+34.0%	$3.15+13.3%	$2.78+17.3%	$2.37+23.4%	$1.92+25.5%	$1.53+36.6%	$1.12
Diluted Shares (Avg)	N/A	28M-4.3%	29M-2.9%	30M-6.5%	32M-26.7%	44M	47M-2.3%	48M-0.3%	48M+0.4%	48M+2.4%	47M-0.3%	47M+0.6%	47M+1.9%	46M+1.9%	45M+0.3%	45M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$264.0M+6.7%	$308.8M+6.7%	$308.1M+5.3%	$261.1M+9.6%	$247.5M+8.8%	$289.3M+5.3%	$292.6M+5.1%	$238.3M+7.4%
SG&A Expenses	$10.1M-11.4%	$10.3M-0.5%	$10.5M-0.7%	$15.1M+5.5%	$11.4M+7.3%	$10.4M-3.4%	$10.6M+1.6%	$14.4M+18.0%
Operating Income	$58.2M+12.3%	$95.5M+8.5%	$108.1M+8.0%	$18.0M-62.6%	$51.8M+21.2%	$88.0M+4.2%	$100.0M+2.3%	$48.2M+16.0%
Income Tax	$15.0M+11.4%	$23.1M+16.9%	$25.0M+13.5%	$5.4M-50.5%	$13.5M+12.7%	$19.8M-2.0%	$22.1M+10.1%	$10.9M+27.2%
Net Income	$45.9M+10.4%	$75.3M+5.2%	-$129.2M+10.3%	$16.3M-60.8%	$41.5M+19.1%	$71.6M+5.3%	-$144.1M-16.2%	$41.5M+16.0%
EPS (Basic)	$1.75+18.2%	$2.82+11.5%	$3.14+11.0%	$0.59-58.7%	$1.48+24.4%	$2.53+9.5%	$2.83+4.4%	$1.43+19.2%
EPS (Diluted)	$1.75+18.2%	$2.80+11.1%	$3.11+10.3%	$0.58-59.2%	$1.48+24.4%	$2.52+10.0%	$2.82+4.4%	$1.42+19.3%
Diluted Shares (Avg)	26M-6.8%	27M-5.6%	N/A	28M-4.3%	28M-4.4%	28M-3.9%	N/A	29M-2.5%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense.

LOPE Balance Sheet

LOPE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$992.3M-2.6%	$1.0B+9.5%	$930.5M+11.7%	$832.7M-31.9%	$1.2B-33.7%	$1.8B+9.1%	$1.7B+27.7%	$1.3B+1.6%	$1.3B+19.3%	$1.1B+22.5%	$892.0M+18.0%	$755.7M+22.7%	$616.1M+24.5%	$494.9M+55.7%	$317.8M
Current Assets	$400.2M-4.7%	$420.0M+24.4%	$337.5M+23.5%	$273.3M-59.9%	$681.0M+104.1%	$333.7M+60.2%	$208.3M-32.7%	$309.5M-17.4%	$374.9M+62.9%	$230.1M+7.1%	$214.9M-19.5%	$267.0M+1.3%	$263.7M+23.1%	$214.2M+85.6%	$115.4M
Cash & Equivalents	$111.8M-65.6%	$324.6M+121.6%	$146.5M+21.6%	$120.4M-80.0%	$600.9M+144.5%	$245.8M+101.0%	$122.3M+1.6%	$120.3M-21.6%	$153.5M+233.8%	$46.0M+99.6%	$23.0M-64.7%	$65.2M+16.9%	$55.8M-46.9%	$105.1M+396.1%	$21.2M
Short-Term Investments	$188.3M	$0-100.0%	$98.0M+59.9%	$61.3M	$0	$0	$0	$0-100.0%	$89.3M-35.4%	$138.2M-0.5%	$139.0M-17.6%	$168.6M+55.5%	$108.4M	$0	$0
Accounts Receivable	$84.3M+1.6%	$82.9M+5.2%	$78.8M+1.8%	$77.4M+10.5%	$70.1M+12.7%	$62.2M+27.1%	$48.9M+4.5%	$46.8M+329.3%	$10.9M+14.4%	$9.5M+14.9%	$8.3M+9.1%	$7.6M+5.4%	$7.2M-9.2%	$8.0M-32.7%	$11.8M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M+5366.4%	$2.9M0.0%	$2.9M0.0%	$2.9M0.0%	$2.9M0.0%	$2.9M0.0%	$2.9M0.0%	$2.9M0.0%	$2.9M
Total Liabilities	$245.4M+4.6%	$234.6M+10.4%	$212.4M+8.9%	$195.1M+9.8%	$177.7M-34.2%	$270.3M+9.5%	$246.9M+123.6%	$110.4M-65.2%	$317.6M-0.4%	$318.8M+13.2%	$281.7M+0.8%	$279.5M+3.0%	$271.3M+4.0%	$260.9M+68.8%	$154.6M
Current Liabilities	$109.8M-1.1%	$111.0M+14.4%	$97.0M-2.7%	$99.7M+1.8%	$97.9M-17.5%	$118.7M+24.7%	$95.2M+18.3%	$80.5M-66.2%	$238.1M+5.0%	$226.8M+20.3%	$188.5M+5.5%	$178.7M+7.9%	$165.6M+8.4%	$152.7M+25.7%	$121.5M
Non-Current Liabilities	$135.6M+9.7%	$123.6M+7.1%	$115.4M+21.0%	$95.4M+19.6%	$79.8M-47.4%	$151.5M-0.1%	$151.6M+407.1%	$29.9M-62.4%	$79.5M-13.6%	$92.0M-1.3%	$93.2M-7.5%	$100.8M-4.6%	$105.6M-2.3%	$108.1M+227.2%	$33.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$107.8M-23.5%	$140.9M	N/A	N/A	N/A	N/A	N/A	$93.1M-6.6%	$99.7M+360.7%	$21.6M
Total Equity	$746.9M-4.7%	$783.9M+9.2%	$718.0M+12.6%	$637.6M-39.0%	$1.0B-33.6%	$1.6B+9.1%	$1.4B+18.9%	$1.2B+23.1%	$986.0M+27.4%	$773.7M+26.8%	$610.3M+28.1%	$476.2M+38.1%	$344.8M+47.3%	$234.1M+43.3%	$163.3M
Retained Earnings	$2.7B+8.7%	$2.5B+10.1%	$2.2B+10.0%	$2.0B+10.0%	$1.9B+16.3%	$1.6B+18.9%	$1.3B+23.9%	$1.1B+26.7%	$854.2M+31.2%	$650.9M+29.6%	$502.4M+35.4%	$371.0M+43.0%	$259.5M+51.9%	$170.8M+68.5%	$101.4M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$919.2M-10.0%	$967.9M-6.2%	$992.3M-2.6%	$1.0B+4.0%	$1.0B+2.9%	$1.0B-0.4%	$1.0B+9.5%	$992.9M+15.0%
Current Assets	$331.5M-21.5%	$380.0M-12.9%	$400.2M-4.7%	$434.0M+10.3%	$422.5M+8.4%	$436.4M-1.8%	$420.0M+24.4%	$393.4M+43.2%
Cash & Equivalents	$171.1M-11.0%	$96.1M-33.5%	$111.8M-65.6%	$97.3M-63.1%	$192.3M-20.3%	$144.5M-26.3%	$324.6M+121.6%	$263.6M+363.5%
Short-Term Investments	$103.5M-43.0%	$155.6M-2.9%	$188.3M	$179.7M	$181.6M+80.7%	$160.1M+69.5%	$0-100.0%	$0-100.0%
Accounts Receivable	$34.2M+23.6%	$113.3M-2.1%	$84.3M+1.6%	$122.0M+4.9%	$27.7M-6.0%	$115.7M+3.6%	$82.9M+5.2%	$116.4M+11.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%	$160.8M0.0%
Total Liabilities	$249.7M+2.7%	$271.7M+8.4%	$245.4M+4.6%	$274.8M+20.1%	$243.0M+4.1%	$250.7M-9.2%	$234.6M+10.4%	$228.8M+7.6%
Current Liabilities	$117.6M-1.1%	$138.4M+8.0%	$109.8M-1.1%	$136.7M+28.3%	$119.0M+10.7%	$128.2M-19.9%	$111.0M+14.4%	$106.6M+7.1%
Non-Current Liabilities	$132.0M+6.4%	$133.3M+8.8%	$135.6M+9.7%	$138.0M+12.9%	$124.0M-1.6%	$122.5M+5.6%	$123.6M+7.1%	$122.2M+8.1%
Total Equity	$669.5M-13.9%	$696.2M-10.8%	$746.9M-4.7%	$758.0M-0.8%	$778.0M+2.5%	$780.7M+2.8%	$783.9M+9.2%	$764.1M+17.5%
Retained Earnings	$2.8B+8.7%	$2.8B+8.6%	$2.7B+8.7%	$2.6B+8.8%	$2.6B+10.1%	$2.5B+9.9%	$2.5B+10.1%	$2.4B+10.4%

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

LOPE Cash Flow Statement

LOPE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$278.7M	$273.5M-5.7%	$290.0M+19.0%	$243.7M+10.3%	$220.8M-29.5%	$313.1M+1.4%	$308.8M+0.8%	$306.3M+53.9%	$199.1M-34.7%	$304.9M+28.2%	$237.8M+28.5%	$185.1M+10.8%	$167.0M+41.0%	$118.4M-17.9%	$144.2M+63.9%	$88.0M
Depreciation & Amortization	N/A	$31.2M+12.3%	$27.8M+20.1%	$23.1M+4.5%	$22.1M+3.1%	$21.4M+2.9%	$20.8M+13.2%	$18.4M-48.2%	$35.5M-33.7%	$53.6M+19.6%	$44.8M+25.7%	$35.7M+21.0%	$29.5M+15.9%	$25.4M+16.0%	$21.9M+28.7%	$17.0M
Stock-Based Compensation	N/A	$13.6M-4.1%	$14.2M+7.7%	$13.2M+4.4%	$12.6M+9.7%	$11.5M+8.1%	$10.7M+3.5%	$10.3M-47.2%	$19.5M+53.8%	$12.7M+3.4%	$12.3M+9.1%	$11.3M+13.2%	$9.9M+0.1%	$9.9M+27.2%	$7.8M+21.1%	$6.5M
Capital Expenditures	$36.1M	$34.8M-6.5%	$37.2M-16.4%	$44.5M+26.4%	$35.2M+22.0%	$28.9M-1.8%	$29.4M+31.4%	$22.4M-76.3%	$94.5M-16.8%	$113.6M-36.3%	$178.3M-12.9%	$204.7M+21.4%	$168.6M+113.6%	$78.9M-19.2%	$97.7M+21.2%	$80.5M
Free Cash Flow	$242.6M	$238.6M-5.6%	$252.7M+26.9%	$199.1M+7.3%	$185.6M-34.7%	$284.2M+1.7%	$279.4M-1.6%	$284.0M+171.6%	$104.6M-45.3%	$191.3M+221.7%	$59.5M+402.8%	-$19.6M-1090.2%	-$1.6M-104.2%	$39.5M-15.1%	$46.5M+527.5%	$7.4M
Investing Cash Flow	$42.8M	-$221.6M-461.1%	$61.4M+176.3%	-$80.5M+17.2%	-$97.1M-110.2%	$951.0M+5014.4%	-$19.4M+95.2%	-$405.9M-70.4%	-$238.2M-56.7%	-$152.1M+29.6%	-$216.0M	N/A	N/A	-$172.5M-31.1%	-$131.5M-75.1%	-$75.1M
Financing Cash Flow	-$342.7M	-$264.8M-52.9%	-$173.2M-26.3%	-$137.1M+77.3%	-$604.2M+33.5%	-$908.9M-446.6%	-$166.3M-514.8%	$40.1M+249.3%	-$26.8M+24.9%	-$35.7M-433.1%	$10.7M	N/A	N/A	$4.8M-93.3%	$71.3M+382.0%	-$25.3M
Share Buybacks	$342.7M	$264.8M+52.9%	$173.2M+26.3%	$137.1M-77.3%	$604.2M-24.8%	$803.8M+499.8%	$134.0M+205.2%	$43.9M+77.4%	$24.8M+119.1%	$11.3M-43.7%	$20.1M+28.9%	$15.6M+191.5%	$5.3M-42.6%	$9.3M-39.0%	$15.2M-34.1%	$23.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$108.6M-12.4%	$88.2M+30.4%	$130.5M-3.9%	-$48.6M-65.5%	$124.0M+25.8%	$67.6M-20.4%	$135.8M+16.7%	-$29.4M+1.6%
Stock-Based Compensation	N/A	$3.6M-0.9%	N/A	N/A	N/A	$3.6M+4.2%	N/A	N/A
Capital Expenditures	$10.7M+24.6%	$8.1M-9.2%	$7.6M-21.8%	$9.7M+1.0%	$8.6M-3.8%	$8.9M-0.3%	$9.7M-5.8%	$9.6M-42.3%
Free Cash Flow	$97.9M-15.1%	$80.1M+36.5%	$122.9M-2.5%	-$58.3M-49.7%	$115.4M+28.8%	$58.7M-22.8%	$126.1M+18.9%	-$39.0M+16.1%
Investing Cash Flow	$41.5M+244.0%	$24.1M+114.2%	-$16.0M-60.9%	-$6.9M-107.5%	-$28.9M-95.9%	-$169.9M-3129.8%	-$9.9M+0.1%	$91.3M+506.2%
Financing Cash Flow	-$75.3M-58.9%	-$127.9M-64.3%	-$100.0M-54.3%	-$39.5M+0.4%	-$47.4M-22.3%	-$77.9M-159.8%	-$64.8M-285.1%	-$39.6M-17.5%
Share Buybacks	$75.3M+58.9%	$127.9M+64.3%	$100.0M+54.3%	$39.5M-0.4%	$47.4M+22.3%	$77.9M+159.8%	$64.8M+285.1%	$39.6M+17.5%

Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid.

LOPE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LOPE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	24.0%-2.6pp	26.7%+0.7pp	25.9%-0.1pp	26.1%-5.4pp	31.5%-1.4pp	32.9%-1.2pp	34.1%+3.5pp	30.5%+1.5pp	29.0%+1.9pp	27.2%+0.1pp	27.0%+0.9pp	26.2%+2.2pp	23.9%+1.6pp	22.3%+3.1pp	19.3%
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-30.4pp	30.5%-2.8pp	33.3%+6.2pp	27.1%+6.2pp	20.9%+3.9pp	17.0%+0.1pp	16.9%+0.8pp	16.1%+1.3pp	14.8%+1.2pp	13.6%+1.7pp	11.8%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-16.3pp	16.3%-1.6pp	18.0%-0.9pp	18.9%-1.7pp	20.6%+1.4pp	19.2%-2.3pp	21.5%-1.9pp	23.4%-2.3pp	25.7%-4.0pp	29.7%-1.3pp	30.9%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-13.9pp	13.9%-1.4pp	15.3%-2.0pp	17.3%+1.7pp	15.6%+2.0pp	13.6%-1.1pp	14.7%0.0pp	14.8%+0.4pp	14.4%+0.4pp	14.0%-1.9pp	15.9%
Current Ratio	3.65-0.1x	3.78+0.3x	3.48+0.7x	2.74-4.2x	6.95+4.1x	2.81+0.6x	2.19-1.7x	3.84+2.3x	1.57+0.6x	1.01-0.1x	1.14-0.4x	1.49-0.1x	1.59+0.2x	1.40+0.5x	0.95
Debt-to-Equity	0.330.0x	0.300.0x	0.300.0x	0.31+0.1x	0.17+0.1x	0.070.0x	0.100.0x	0.09-0.2x	0.32-0.1x	0.410.0x	0.46-0.1x	0.59+0.3x	0.27-0.2x	0.43+0.3x	0.13
Asset Turnover	1.11+0.1x	1.010.0x	1.03-0.1x	1.09+0.4x	0.73+0.3x	0.460.0x	0.46-0.2x	0.64-0.1x	0.75-0.1x	0.80-0.1x	0.870.0x	0.91-0.1x	0.97-0.1x	1.03-0.3x	1.34
FCF Margin	21.6%-2.9pp	24.5%+3.7pp	20.7%+0.4pp	20.4%-11.3pp	31.7%-1.4pp	33.1%-3.4pp	36.5%+24.1pp	12.4%-7.3pp	19.6%+12.8pp	6.8%+9.3pp	-2.5%-2.3pp	-0.2%-6.8pp	6.6%-2.5pp	9.1%+7.4pp	1.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	22.0%+1.1pp	30.9%+0.5pp	35.1%+0.9pp	6.9%-13.3pp	20.9%+2.1pp	30.4%-0.3pp	34.2%-1.0pp	20.2%+1.5pp
Net Margin	17.4%+0.6pp	24.4%-0.4pp	-41.9%+7.3pp	6.2%-11.2pp	16.8%+1.5pp	24.8%0.0pp	-49.3%-4.7pp	17.4%+1.3pp
Return on Equity	6.9%+1.5pp	10.8%+1.7pp	-17.3%+1.1pp	2.1%-3.3pp	5.3%+0.8pp	9.2%+0.2pp	-18.4%-1.1pp	5.4%-0.1pp
Return on Assets	5.0%+0.9pp	7.8%+0.8pp	-13.0%+1.1pp	1.6%-2.6pp	4.1%+0.6pp	6.9%+0.4pp	-14.1%-0.8pp	4.2%0.0pp
Current Ratio	2.82-0.7x	2.75-0.7x	3.65-0.1x	3.17-0.5x	3.55-0.1x	3.40+0.6x	3.78+0.3x	3.69+0.9x
Debt-to-Equity	0.37+0.1x	0.39+0.1x	0.330.0x	0.36+0.1x	0.310.0x	0.320.0x	0.300.0x	0.300.0x
Asset Turnover	0.290.0x	0.320.0x	0.310.0x	0.250.0x	0.240.0x	0.280.0x	0.290.0x	0.240.0x
FCF Margin	37.1%-9.5pp	25.9%+5.7pp	39.9%-3.2pp	-22.3%-6.0pp	46.6%+7.2pp	20.3%-7.4pp	43.1%+5.0pp	-16.4%+4.6pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Grand Canyon Education, Inc LOPE	FY2025	$1.1B	$216K	0.0%	$4.1B	81/100
TAL Education Group TAL	FY2026	$3.0B	$530.8M	17.6%	$6.7B	60/100
Stride, Inc. LRN	FY2026	$2.5B	$338.2M	13.4%	$3.3B	83/100
Adtalem Global Education Inc. ATGE	FY2025	$1.8B	$237.1M	13.3%	$3.4B	58/100
GRAHAM HOLDINGS COMPANY GHC	FY2025	$4.9B	$292.3M	5.9%	$4.9B	48/100
Laureate Education, Inc. LAUR	FY2025	$1.7B	$281.6M	16.6%	$5.3B	63/100

Where Grand Canyon Education, Inc Ranks

Frequently Asked Questions

What is Grand Canyon Education, Inc's annual revenue?

Grand Canyon Education, 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 Education, Inc's revenue growing?

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

Is Grand Canyon Education, Inc profitable?

Yes, Grand Canyon Education, Inc (LOPE) reported a net income of $216K in fiscal year 2025, with a net profit margin of 0.0%.

What is Grand Canyon Education, Inc's EBITDA?

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

What is Grand Canyon Education, Inc's operating margin?

Grand Canyon Education, 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 Education, Inc's net profit margin?

Grand Canyon Education, Inc (LOPE) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

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

Grand Canyon Education, Inc (LOPE) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Grand Canyon Education, Inc's free cash flow?

Grand Canyon Education, 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 Education, Inc's operating cash flow?

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

What are Grand Canyon Education, Inc's total assets?

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

What are Grand Canyon Education, Inc's capital expenditures?

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

Does Grand Canyon Education, Inc buy back shares?

Yes, Grand Canyon Education, 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 Education, Inc have outstanding?

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

What is Grand Canyon Education, Inc's current ratio?

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

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

Grand Canyon Education, 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 Education, Inc's return on assets (ROA)?

Grand Canyon Education, Inc (LOPE) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Grand Canyon Education, Inc's P/E ratio?

Grand Canyon Education, Inc (LOPE) trades at 492x earnings, its market capitalization divided by net income of $8.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.1B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Grand Canyon Education, Inc's price-to-sales ratio?

Grand Canyon Education, Inc (LOPE) trades at 3.6x sales, its market capitalization divided by revenue of $1.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.1B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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

Grand Canyon Education, Inc (LOPE) has an Altman Z-Score of 16.07, 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 Education, Inc's Piotroski F-Score?

Grand Canyon Education, Inc (LOPE) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Grand Canyon Education, Inc's earnings high quality?

Grand Canyon Education, Inc (LOPE) reported $216K of net income while generating $273.5M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. 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 Education, Inc?

Grand Canyon Education, Inc (LOPE) scores 81 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.