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Side-by-side financial comparison of AMERICAN PUBLIC EDUCATION INC (APEI) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $158.3M, roughly 1.3× AMERICAN PUBLIC EDUCATION INC). AMERICAN PUBLIC EDUCATION INC runs the higher net margin — 8.0% vs 2.2%, a 5.7% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs -3.5%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-15.6M). Over the past eight quarters, AMERICAN PUBLIC EDUCATION INC's revenue compounded faster (1.3% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
APEI vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $158.3M | $200.5M |
| Net Profit | $12.6M | $4.5M |
| Gross Margin | 56.4% | 32.2% |
| Operating Margin | 12.0% | — |
| Net Margin | 8.0% | 2.2% |
| Revenue YoY | -3.5% | 5.2% |
| Net Profit YoY | -2.7% | 421.4% |
| EPS (diluted) | $0.67 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $158.3M | $201.5M | ||
| Q3 25 | $163.2M | $216.0M | ||
| Q2 25 | $162.8M | $202.8M | ||
| Q1 25 | $164.6M | $190.5M | ||
| Q4 24 | $164.1M | $192.2M | ||
| Q3 24 | $153.1M | $210.3M | ||
| Q2 24 | $152.9M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $12.6M | $4.6M | ||
| Q3 25 | $5.6M | $8.6M | ||
| Q2 25 | $4.5M | $-73.6M | ||
| Q1 25 | $8.9M | $-1.4M | ||
| Q4 24 | $13.0M | $-500.0K | ||
| Q3 24 | $2.3M | $10.7M | ||
| Q2 24 | $371.0K | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 56.4% | 31.5% | ||
| Q3 25 | 54.2% | 33.5% | ||
| Q2 25 | 51.8% | 31.6% | ||
| Q1 25 | 54.5% | 29.9% | ||
| Q4 24 | 56.3% | 32.1% | ||
| Q3 24 | 50.8% | 35.2% | ||
| Q2 24 | 50.2% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 3.5% | ||
| Q3 25 | 5.9% | 7.3% | ||
| Q2 25 | 4.3% | -33.3% | ||
| Q1 25 | 7.4% | -0.2% | ||
| Q4 24 | 13.1% | -6.6% | ||
| Q3 24 | 2.7% | 6.9% | ||
| Q2 24 | 1.5% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 8.0% | 2.3% | ||
| Q3 25 | 3.4% | 4.0% | ||
| Q2 25 | 2.8% | -36.3% | ||
| Q1 25 | 5.4% | -0.7% | ||
| Q4 24 | 7.9% | -0.3% | ||
| Q3 24 | 1.5% | 5.1% | ||
| Q2 24 | 0.2% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.67 | $0.20 | ||
| Q3 25 | $0.30 | $0.48 | ||
| Q2 25 | $-0.02 | $-4.00 | ||
| Q1 25 | $0.41 | $-0.08 | ||
| Q4 24 | $0.63 | $-0.04 | ||
| Q3 24 | $0.04 | $0.58 | ||
| Q2 24 | $-0.06 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | $94.7M | — |
| Stockholders' EquityBook value | $294.8M | $1.2B |
| Total Assets | $521.4M | $1.4B |
| Debt / EquityLower = less leverage | 0.32× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $174.1M | $197.0M | ||
| Q3 25 | $191.3M | $167.8M | ||
| Q2 25 | $174.9M | $157.2M | ||
| Q1 25 | $161.6M | $175.6M | ||
| Q4 24 | $131.9M | $159.8M | ||
| Q3 24 | $135.4M | $146.4M | ||
| Q2 24 | $129.8M | $119.9M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.2B | ||
| Q4 25 | $294.8M | $1.2B | ||
| Q3 25 | $279.3M | $1.2B | ||
| Q2 25 | $272.2M | $1.2B | ||
| Q1 25 | $310.0M | $1.3B | ||
| Q4 24 | $303.9M | $1.3B | ||
| Q3 24 | $290.4M | $1.3B | ||
| Q2 24 | $288.7M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $521.4M | $1.4B | ||
| Q3 25 | $525.3M | $1.4B | ||
| Q2 25 | $537.4M | $1.5B | ||
| Q1 25 | $578.7M | $1.5B | ||
| Q4 24 | $570.1M | $1.5B | ||
| Q3 24 | $569.6M | $1.5B | ||
| Q2 24 | $560.7M | $1.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $-15.6M | $1.1M |
| FCF MarginFCF / Revenue | -9.9% | 0.5% |
| Capex IntensityCapex / Revenue | 2.6% | 2.3% |
| Cash ConversionOCF / Net Profit | -0.92× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $46.1M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $-11.6M | $46.9M | ||
| Q3 25 | $21.7M | $28.9M | ||
| Q2 25 | $14.8M | $13.7M | ||
| Q1 25 | $37.0M | $11.7M | ||
| Q4 24 | $1.6M | $33.7M | ||
| Q3 24 | $14.1M | $42.4M | ||
| Q2 24 | $12.5M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $-15.6M | $42.2M | ||
| Q3 25 | $17.5M | $21.2M | ||
| Q2 25 | $11.1M | $5.6M | ||
| Q1 25 | $33.1M | $2.1M | ||
| Q4 24 | $-1.8M | $18.3M | ||
| Q3 24 | $7.8M | $25.2M | ||
| Q2 24 | $7.3M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | -9.9% | 20.9% | ||
| Q3 25 | 10.7% | 9.8% | ||
| Q2 25 | 6.8% | 2.8% | ||
| Q1 25 | 20.1% | 1.1% | ||
| Q4 24 | -1.1% | 9.5% | ||
| Q3 24 | 5.1% | 12.0% | ||
| Q2 24 | 4.7% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 2.6% | 2.3% | ||
| Q3 25 | 2.6% | 3.6% | ||
| Q2 25 | 2.3% | 4.0% | ||
| Q1 25 | 2.4% | 5.0% | ||
| Q4 24 | 2.0% | 8.0% | ||
| Q3 24 | 4.1% | 8.2% | ||
| Q2 24 | 3.4% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | -0.92× | 10.20× | ||
| Q3 25 | 3.90× | 3.36× | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 4.16× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 6.22× | 3.96× | ||
| Q2 24 | 33.57× | 2.83× |
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% |
ROG
Segment breakdown not available.
