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Side-by-side financial comparison of AMERICAN PUBLIC EDUCATION INC (APEI) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
AMERICAN PUBLIC EDUCATION INC is the larger business by last-quarter revenue ($158.3M vs $151.1M, roughly 1.0× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -3.5%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $-15.6M). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
APEI vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $158.3M | $151.1M |
| Net Profit | $12.6M | — |
| Gross Margin | 56.4% | 17.8% |
| Operating Margin | 12.0% | 2.3% |
| Net Margin | 8.0% | — |
| Revenue YoY | -3.5% | 3.6% |
| Net Profit YoY | -2.7% | — |
| EPS (diluted) | $0.67 | $0.22 |
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.
| Q4 25 | $158.3M | $151.1M | ||
| Q3 25 | $163.2M | $126.8M | ||
| Q2 25 | $162.8M | $132.5M | ||
| Q1 25 | $164.6M | $135.7M | ||
| Q4 24 | $164.1M | $145.8M | ||
| Q3 24 | $153.1M | $122.3M | ||
| Q2 24 | $152.9M | $130.8M | ||
| Q1 24 | $154.4M | $136.8M |
| Q4 25 | $12.6M | — | ||
| Q3 25 | $5.6M | $1.6M | ||
| Q2 25 | $4.5M | $-17.2M | ||
| Q1 25 | $8.9M | $7.8M | ||
| Q4 24 | $13.0M | — | ||
| Q3 24 | $2.3M | $4.7M | ||
| Q2 24 | $371.0K | $8.3M | ||
| Q1 24 | $516.0K | $7.1M |
| Q4 25 | 56.4% | 17.8% | ||
| Q3 25 | 54.2% | 15.1% | ||
| Q2 25 | 51.8% | 3.9% | ||
| Q1 25 | 54.5% | 22.0% | ||
| Q4 24 | 56.3% | 22.8% | ||
| Q3 24 | 50.8% | 18.5% | ||
| Q2 24 | 50.2% | 22.3% | ||
| Q1 24 | 53.1% | 21.5% |
| Q4 25 | 12.0% | 2.3% | ||
| Q3 25 | 5.9% | -2.7% | ||
| Q2 25 | 4.3% | -15.6% | ||
| Q1 25 | 7.4% | 6.2% | ||
| Q4 24 | 13.1% | 7.8% | ||
| Q3 24 | 2.7% | 3.1% | ||
| Q2 24 | 1.5% | 6.9% | ||
| Q1 24 | 3.4% | 5.5% |
| Q4 25 | 8.0% | — | ||
| Q3 25 | 3.4% | 1.2% | ||
| Q2 25 | 2.8% | -13.0% | ||
| Q1 25 | 5.4% | 5.7% | ||
| Q4 24 | 7.9% | — | ||
| Q3 24 | 1.5% | 3.9% | ||
| Q2 24 | 0.2% | 6.3% | ||
| Q1 24 | 0.3% | 5.2% |
| Q4 25 | $0.67 | $0.22 | ||
| Q3 25 | $0.30 | $0.10 | ||
| Q2 25 | $-0.02 | $-1.05 | ||
| Q1 25 | $0.41 | $0.46 | ||
| Q4 24 | $0.63 | $0.62 | ||
| Q3 24 | $0.04 | $0.28 | ||
| Q2 24 | $-0.06 | $0.47 | ||
| Q1 24 | $-0.06 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $174.1M | $92.5M |
| Total DebtLower is stronger | $94.7M | — |
| Stockholders' EquityBook value | $294.8M | $283.8M |
| Total Assets | $521.4M | $342.0M |
| Debt / EquityLower = less leverage | 0.32× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $174.1M | $92.5M | ||
| Q3 25 | $191.3M | $80.8M | ||
| Q2 25 | $174.9M | $101.4M | ||
| Q1 25 | $161.6M | $108.3M | ||
| Q4 24 | $131.9M | $105.5M | ||
| Q3 24 | $135.4M | $96.0M | ||
| Q2 24 | $129.8M | $105.6M | ||
| Q1 24 | $125.3M | $115.3M |
| 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 | — |
| Q4 25 | $294.8M | $283.8M | ||
| Q3 25 | $279.3M | $279.6M | ||
| Q2 25 | $272.2M | $289.3M | ||
| Q1 25 | $310.0M | $321.5M | ||
| Q4 24 | $303.9M | $319.6M | ||
| Q3 24 | $290.4M | $314.9M | ||
| Q2 24 | $288.7M | $321.5M | ||
| Q1 24 | $288.5M | $332.0M |
| Q4 25 | $521.4M | $342.0M | ||
| Q3 25 | $525.3M | $342.3M | ||
| Q2 25 | $537.4M | $349.5M | ||
| Q1 25 | $578.7M | $379.0M | ||
| Q4 24 | $570.1M | $384.0M | ||
| Q3 24 | $569.6M | $373.5M | ||
| Q2 24 | $560.7M | $376.7M | ||
| Q1 24 | $559.0M | $385.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.6M | $15.5M |
| Free Cash FlowOCF − Capex | $-15.6M | $12.3M |
| FCF MarginFCF / Revenue | -9.9% | 8.2% |
| Capex IntensityCapex / Revenue | 2.6% | 2.1% |
| Cash ConversionOCF / Net Profit | -0.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | $46.1M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.6M | $15.5M | ||
| Q3 25 | $21.7M | $12.9M | ||
| Q2 25 | $14.8M | $14.7M | ||
| Q1 25 | $37.0M | $11.1M | ||
| Q4 24 | $1.6M | $20.0M | ||
| Q3 24 | $14.1M | $9.4M | ||
| Q2 24 | $12.5M | $18.7M | ||
| Q1 24 | $20.7M | $7.3M |
| Q4 25 | $-15.6M | $12.3M | ||
| Q3 25 | $17.5M | $7.0M | ||
| Q2 25 | $11.1M | $9.1M | ||
| Q1 25 | $33.1M | $10.0M | ||
| Q4 24 | $-1.8M | $16.4M | ||
| Q3 24 | $7.8M | $2.6M | ||
| Q2 24 | $7.3M | $10.1M | ||
| Q1 24 | $14.5M | $5.6M |
| Q4 25 | -9.9% | 8.2% | ||
| Q3 25 | 10.7% | 5.5% | ||
| Q2 25 | 6.8% | 6.9% | ||
| Q1 25 | 20.1% | 7.4% | ||
| Q4 24 | -1.1% | 11.2% | ||
| Q3 24 | 5.1% | 2.1% | ||
| Q2 24 | 4.7% | 7.7% | ||
| Q1 24 | 9.4% | 4.1% |
| Q4 25 | 2.6% | 2.1% | ||
| Q3 25 | 2.6% | 4.6% | ||
| Q2 25 | 2.3% | 4.2% | ||
| Q1 25 | 2.4% | 0.8% | ||
| Q4 24 | 2.0% | 2.5% | ||
| Q3 24 | 4.1% | 5.5% | ||
| Q2 24 | 3.4% | 6.6% | ||
| Q1 24 | 4.0% | 1.3% |
| Q4 25 | -0.92× | — | ||
| Q3 25 | 3.90× | 8.15× | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 4.16× | 1.43× | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 6.22× | 1.98× | ||
| Q2 24 | 33.57× | 2.27× | ||
| Q1 24 | 40.20× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APEI
| American Public Education Inc Segment | $71.0M | 45% |
| Rasmussen University Segment | $66.6M | 42% |
| Hondros College Of Nursing Segment | $20.7M | 13% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
