15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.6% per year over the past 5 years.
Net income has grown slower than revenue (-75.7% vs 5.6% per year).
Operating margin has contracted, at 24.0% in the latest year.
Free cash flow has declined 3.1% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-23.5% vs 5.6% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.1B
$216170
0.0%
24.0%
0.0%
0.0%
$239M
—
$112M
2024
$1.0B
$226234
0.0%
26.7%
0.0%
0.0%
$253M
—
$325M
2023
$961M
$204985
0.0%
25.9%
0.0%
0.0%
$199M
—
$146M
2022
$911M
$184675
0.0%
26.1%
0.0%
0.0%
$186M
—
$120M
2021
$897M
$260344
0.0%
31.5%
0.0%
0.0%
$284M
—
$601M
2020
$844M
$257M
0.0%
32.9%
16.3%
13.9%
$279M
$108M
$246M
2019
$779M
$259M
0.0%
34.1%
18.0%
15.3%
$284M
$141M
$122M
2018
$846M
$229M
0.0%
30.5%
18.9%
17.3%
$105M
—
$120M
2017
$974M
$203M
0.0%
29.0%
20.6%
15.6%
$191M
—
$153M
2016
$873M
$149M
0.0%
27.2%
19.2%
13.6%
$59M
—
$46M
2015
—
$131M
—
—
21.5%
14.7%
—
—
$23M
2014
—
$111M
—
—
23.4%
14.7%
—
—
$65M
2013
—
$89M
—
—
25.7%
14.4%
$40M
$93M
$56M
2012
—
$69M
—
—
29.7%
14.0%
$47M
$100M
$105M
2011
—
$51M
—
—
31.0%
15.9%
$7M
$22M
$21M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$264M
$46M
0.0%
22.0%
6.8%
5.0%
$98M
—
$171M
Mar '26
$309M
$75M
0.0%
30.9%
10.8%
7.8%
$80M
—
$96M
Dec '25
$308M
$87M
0.0%
35.1%
11.6%
8.7%
$123M
—
$112M
Sep '25
$261M
$16M
0.0%
6.9%
2.1%
1.6%
-$58M
—
$97M
Jun '25
$247M
$42M
0.0%
20.9%
5.3%
4.1%
$115M
—
$192M
Mar '25
$289M
$72M
0.0%
30.4%
9.2%
6.9%
$59M
—
$145M
Dec '24
$293M
$82M
0.0%
34.2%
10.4%
8.0%
$126M
—
$325M
Sep '24
$238M
$41M
0.0%
20.2%
5.4%
4.2%
-$39M
—
$264M
Jun '24
$227M
$35M
0.0%
18.8%
4.6%
3.5%
$90M
—
$241M
Mar '24
$275M
$68M
0.0%
30.8%
9.0%
6.6%
$76M
—
$196M
Dec '23
$278M
$81M
0.0%
35.1%
11.2%
8.7%
$106M
—
$146M
Sep '23
$222M
$36M
0.0%
18.7%
5.5%
4.1%
-$46M
—
$57M
Jun '23
$211M
$29M
0.0%
16.8%
4.5%
3.4%
$85M
—
$143M
Mar '23
$250M
$60M
0.0%
29.8%
9.0%
6.8%
$54M
—
$105M
Dec '22
$259M
$71M
0.0%
35.1%
11.1%
8.5%
$101M
—
$120M
Sep '22
$209M
$30M
0.0%
17.0%
5.1%
3.8%
-$47M
—
$40M
Jun '22
$200M
$26M
0.0%
16.9%
4.2%
3.2%
$67M
—
$139M
Mar '22
$244M
$58M
0.0%
31.7%
8.2%
6.3%
$63M
—
$202M
Dec '21
$251M
$85M
0.0%
40.7%
8.1%
7.0%
$97M
—
$601M
Sep '21
$207M
$48M
0.0%
21.9%
3.4%
2.8%
-$7M
—
$61M
Valuation over time
How the market has priced LOPE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 16071.6× (Mar '23) to 18037.7× (Nov '26).
The price-to-sales ratio has risen from 3.3× (Mar '23) to 3.5× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is LOPE growing its revenue and profit?
Over the past 5 years, Grand Canyon Education, Inc.'s revenue has grown 5.6% per year, and net income declined 75.7% per year. These are computed facts, not advice.
How much debt does LOPE have?
As of FY2025, Grand Canyon Education, Inc. reported — of total debt against $112M of cash.
What is LOPE's profit margin?
In FY2025, gross margin was —, operating margin 24.0%, and net margin 0.0%.
What is LOPE's P/E ratio?
Grand Canyon Education, Inc.'s P/E (TTM) is 17.39 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LOPE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 18037.7× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.