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LOPE - Grand Canyon Educati...

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Grand Canyon Education, Inc.

LOPE

NASDAQ

Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services. It also offers marketing and communication services, such as lead acquisition, digital communications strategy, brand identity, market research, media planning and strategy, video, and business intelligence and data science; and back-office services comprising finance and accounting, human resources, audit, and procurement services. The company, through its subsidiary, Orbis Education Services, LLC, supports healthcare education programs for 27 universities. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.

186.25 USD

7.28 (3.91%)

LOPE Financial Statements

Year

2024

2023

2022

2021

Total Revenue

1.03B

960.9M

911.31M

896.56M

Cost of Revenue

488.57M

457.19M

423.81M

381.26M

Gross Profit

544.43M

503.71M

487.5M

515.31M

Operating Expenses

269.03M

254.45M

250M

233.12M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

258.72M

246.03M

241.58M

224.7M

Selling & Marketing Expenses

212.42M

202.8M

196.09M

182.87M

General & Administrative Expenses

46.3M

43.23M

45.49M

41.83M

Other Expenses

10.32M

8.42M

8.42M

8.42M

Operating Income

275.4M

249.26M

237.5M

282.19M

Total Other Income/Expenses Net

15.92M

10.42M

2.62M

49.1M

Income Before Tax

291.31M

259.68M

240.12M

331.29M

Income Tax

65.08M

54.69M

55.44M

70.94M

Net Income

226.23M

204.99M

184.68M

260.34M

Basic EPS

7.77

6.83

5.75

5.94

EPS Diluted

7.73

6.8

5.73

5.92

Basic Average Shares

29.1M

29.99M

32.13M

43.84M

Diluted Average Shares

29.27M

30.15M

32.24M

43.96M

EBITDA

327.87M

291.68M

271.3M

364.75M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

2.24B

2.04B

1.86B

1.59B

Net Income

226.23M

204.99M

184.68M

260.34M

Stock Repurchases

-173.18M

-137.12M

-604.21M

-803.83M

Dividend Paid

0

0

0

0

Retained Earnings

2.47B

2.24B

2.04B

1.86B

Other Distributions

53.06M

67.86M

-419.54M

-543.49M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

276.36M

262.15M

220.22M

193.77M

Annual Depreciation

36.55M

31.97M

31.18M

29.86M

Capital Expenditure

-37.25M

-45.43M

-35.63M

-29.39M

Net PPE

277.06M

275.61M

224.68M

193.3M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

160.77M

160.77M

160.77M

160.77M

Goodwill

160.77M

160.77M

160.77M

160.77M

All figures are in USD.

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