vs

Side-by-side financial comparison of AMERICAN PUBLIC EDUCATION INC (APEI) and Esperion Therapeutics, Inc. (ESPR). Click either name above to swap in a different company.

Esperion Therapeutics, Inc. is the larger business by last-quarter revenue ($168.4M vs $158.3M, roughly 1.1× AMERICAN PUBLIC EDUCATION INC). On growth, Esperion Therapeutics, Inc. posted the faster year-over-year revenue change (143.7% vs -3.5%). Over the past eight quarters, Esperion Therapeutics, Inc.'s revenue compounded faster (10.6% CAGR vs 1.3%).

Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.

Esperion Therapeutics, Inc. is a publicly traded American pharmaceutical company focused on the development of bempedoic acid, an orally available small molecule designed to lower elevated levels of LDL-C. The company is headquartered in Ann Arbor, Michigan.

APEI vs ESPR — Head-to-Head

Bigger by revenue
ESPR
ESPR
1.1× larger
ESPR
$168.4M
$158.3M
APEI
Growing faster (revenue YoY)
ESPR
ESPR
+147.2% gap
ESPR
143.7%
-3.5%
APEI
Faster 2-yr revenue CAGR
ESPR
ESPR
Annualised
ESPR
10.6%
1.3%
APEI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APEI
APEI
ESPR
ESPR
Revenue
$158.3M
$168.4M
Net Profit
$12.6M
Gross Margin
56.4%
Operating Margin
12.0%
50.6%
Net Margin
8.0%
Revenue YoY
-3.5%
143.7%
Net Profit YoY
-2.7%
EPS (diluted)
$0.67
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APEI
APEI
ESPR
ESPR
Q4 25
$158.3M
$168.4M
Q3 25
$163.2M
$87.3M
Q2 25
$162.8M
$82.4M
Q1 25
$164.6M
$65.0M
Q4 24
$164.1M
$69.1M
Q3 24
$153.1M
$51.6M
Q2 24
$152.9M
$73.8M
Q1 24
$154.4M
$137.7M
Net Profit
APEI
APEI
ESPR
ESPR
Q4 25
$12.6M
Q3 25
$5.6M
$-31.3M
Q2 25
$4.5M
$-12.7M
Q1 25
$8.9M
$-40.5M
Q4 24
$13.0M
Q3 24
$2.3M
$-29.5M
Q2 24
$371.0K
$-61.9M
Q1 24
$516.0K
$61.0M
Gross Margin
APEI
APEI
ESPR
ESPR
Q4 25
56.4%
Q3 25
54.2%
Q2 25
51.8%
Q1 25
54.5%
Q4 24
56.3%
Q3 24
50.8%
Q2 24
50.2%
Q1 24
53.1%
Operating Margin
APEI
APEI
ESPR
ESPR
Q4 25
12.0%
50.6%
Q3 25
5.9%
-11.4%
Q2 25
4.3%
8.6%
Q1 25
7.4%
-34.0%
Q4 24
13.1%
-6.4%
Q3 24
2.7%
-31.0%
Q2 24
1.5%
3.5%
Q1 24
3.4%
52.5%
Net Margin
APEI
APEI
ESPR
ESPR
Q4 25
8.0%
Q3 25
3.4%
-35.9%
Q2 25
2.8%
-15.4%
Q1 25
5.4%
-62.2%
Q4 24
7.9%
Q3 24
1.5%
-57.2%
Q2 24
0.2%
-83.9%
Q1 24
0.3%
44.3%
EPS (diluted)
APEI
APEI
ESPR
ESPR
Q4 25
$0.67
$0.32
Q3 25
$0.30
$-0.16
Q2 25
$-0.02
$-0.06
Q1 25
$0.41
$-0.21
Q4 24
$0.63
$-0.14
Q3 24
$0.04
$-0.15
Q2 24
$-0.06
$-0.33
Q1 24
$-0.06
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APEI
APEI
ESPR
ESPR
Cash + ST InvestmentsLiquidity on hand
$174.1M
$167.9M
Total DebtLower is stronger
$94.7M
Stockholders' EquityBook value
$294.8M
$-302.0M
Total Assets
$521.4M
$465.9M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APEI
APEI
ESPR
ESPR
Q4 25
$174.1M
$167.9M
Q3 25
$191.3M
$92.4M
Q2 25
$174.9M
$86.1M
Q1 25
$161.6M
$114.6M
Q4 24
$131.9M
$144.8M
Q3 24
$135.4M
$144.7M
Q2 24
$129.8M
$189.3M
Q1 24
$125.3M
$226.6M
Total Debt
APEI
APEI
ESPR
ESPR
Q4 25
$94.7M
Q3 25
$94.4M
Q2 25
$94.1M
Q1 25
$93.7M
Q4 24
$93.4M
Q3 24
$93.1M
Q2 24
$92.8M
Q1 24
$95.0M
Stockholders' Equity
APEI
APEI
ESPR
ESPR
Q4 25
$294.8M
$-302.0M
Q3 25
$279.3M
$-451.4M
Q2 25
$272.2M
$-433.5M
Q1 25
$310.0M
$-426.2M
Q4 24
$303.9M
$-388.7M
Q3 24
$290.4M
$-370.2M
Q2 24
$288.7M
$-344.2M
Q1 24
$288.5M
$-294.3M
Total Assets
APEI
APEI
ESPR
ESPR
Q4 25
$521.4M
$465.9M
Q3 25
$525.3M
$364.0M
Q2 25
$537.4M
$347.1M
Q1 25
$578.7M
$324.0M
Q4 24
$570.1M
$343.8M
Q3 24
$569.6M
$314.1M
Q2 24
$560.7M
$352.3M
Q1 24
$559.0M
$373.1M
Debt / Equity
APEI
APEI
ESPR
ESPR
Q4 25
0.32×
Q3 25
0.34×
Q2 25
0.35×
Q1 25
0.30×
Q4 24
0.31×
Q3 24
0.32×
Q2 24
0.32×
Q1 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APEI
APEI
ESPR
ESPR
Operating Cash FlowLast quarter
$-11.6M
$45.2M
Free Cash FlowOCF − Capex
$-15.6M
FCF MarginFCF / Revenue
-9.9%
Capex IntensityCapex / Revenue
2.6%
0.0%
Cash ConversionOCF / Net Profit
-0.92×
TTM Free Cash FlowTrailing 4 quarters
$46.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APEI
APEI
ESPR
ESPR
Q4 25
$-11.6M
$45.2M
Q3 25
$21.7M
$-4.3M
Q2 25
$14.8M
$-31.4M
Q1 25
$37.0M
$-22.6M
Q4 24
$1.6M
$-35.0M
Q3 24
$14.1M
$-35.3M
Q2 24
$12.5M
$-7.2M
Q1 24
$20.7M
$53.8M
Free Cash Flow
APEI
APEI
ESPR
ESPR
Q4 25
$-15.6M
Q3 25
$17.5M
Q2 25
$11.1M
Q1 25
$33.1M
Q4 24
$-1.8M
Q3 24
$7.8M
$-35.5M
Q2 24
$7.3M
$-7.3M
Q1 24
$14.5M
$53.8M
FCF Margin
APEI
APEI
ESPR
ESPR
Q4 25
-9.9%
Q3 25
10.7%
Q2 25
6.8%
Q1 25
20.1%
Q4 24
-1.1%
Q3 24
5.1%
-68.7%
Q2 24
4.7%
-9.9%
Q1 24
9.4%
39.0%
Capex Intensity
APEI
APEI
ESPR
ESPR
Q4 25
2.6%
0.0%
Q3 25
2.6%
0.0%
Q2 25
2.3%
0.0%
Q1 25
2.4%
0.0%
Q4 24
2.0%
0.0%
Q3 24
4.1%
0.3%
Q2 24
3.4%
0.1%
Q1 24
4.0%
0.1%
Cash Conversion
APEI
APEI
ESPR
ESPR
Q4 25
-0.92×
Q3 25
3.90×
Q2 25
3.29×
Q1 25
4.16×
Q4 24
0.12×
Q3 24
6.22×
Q2 24
33.57×
Q1 24
40.20×
0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APEI
APEI

American Public Education Inc Segment$71.0M45%
Rasmussen University Segment$66.6M42%
Hondros College Of Nursing Segment$20.7M13%

ESPR
ESPR

Collaboration Revenue$124.7M74%
Products$43.7M26%

Related Comparisons