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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and PERDOCEO EDUCATION Corp (PRDO). Click either name above to swap in a different company.

PERDOCEO EDUCATION Corp is the larger business by last-quarter revenue ($211.6M vs $194.8M, roughly 1.1× FIRST INDUSTRIAL REALTY TRUST INC). On growth, PERDOCEO EDUCATION Corp posted the faster year-over-year revenue change (20.0% vs 10.0%). Over the past eight quarters, PERDOCEO EDUCATION Corp's revenue compounded faster (12.2% CAGR vs 8.9%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

FR vs PRDO — Head-to-Head

Bigger by revenue
PRDO
PRDO
1.1× larger
PRDO
$211.6M
$194.8M
FR
Growing faster (revenue YoY)
PRDO
PRDO
+9.9% gap
PRDO
20.0%
10.0%
FR
Faster 2-yr revenue CAGR
PRDO
PRDO
Annualised
PRDO
12.2%
8.9%
FR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FR
FR
PRDO
PRDO
Revenue
$194.8M
$211.6M
Net Profit
$147.9M
Gross Margin
Operating Margin
19.8%
Net Margin
75.9%
Revenue YoY
10.0%
20.0%
Net Profit YoY
179.7%
EPS (diluted)
$1.08
$0.55

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
FR
FR
PRDO
PRDO
Q1 26
$194.8M
Q4 25
$188.4M
$211.6M
Q3 25
$181.4M
$211.9M
Q2 25
$180.2M
$209.6M
Q1 25
$177.1M
$213.0M
Q4 24
$175.6M
$176.4M
Q3 24
$167.6M
$169.8M
Q2 24
$164.1M
$166.7M
Net Profit
FR
FR
PRDO
PRDO
Q1 26
$147.9M
Q4 25
$78.8M
Q3 25
$65.3M
$39.9M
Q2 25
$55.2M
$41.0M
Q1 25
$48.1M
$43.7M
Q4 24
$68.4M
Q3 24
$99.4M
$38.3M
Q2 24
$51.3M
$38.4M
Operating Margin
FR
FR
PRDO
PRDO
Q1 26
Q4 25
34.6%
19.8%
Q3 25
37.0%
24.1%
Q2 25
31.7%
24.5%
Q1 25
31.2%
24.3%
Q4 24
40.1%
21.1%
Q3 24
62.6%
26.4%
Q2 24
31.8%
27.6%
Net Margin
FR
FR
PRDO
PRDO
Q1 26
75.9%
Q4 25
41.8%
Q3 25
36.0%
18.8%
Q2 25
30.6%
19.6%
Q1 25
27.2%
20.5%
Q4 24
39.0%
Q3 24
59.3%
22.5%
Q2 24
31.3%
23.0%
EPS (diluted)
FR
FR
PRDO
PRDO
Q1 26
$1.08
Q4 25
$0.60
$0.55
Q3 25
$0.49
$0.60
Q2 25
$0.42
$0.62
Q1 25
$0.36
$0.65
Q4 24
$0.51
$0.46
Q3 24
$0.75
$0.57
Q2 24
$0.39
$0.57

Balance Sheet & Financial Strength

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

Metric
FR
FR
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$972.4M
Total Assets
$5.8B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
PRDO
PRDO
Q1 26
Q4 25
$78.0M
$111.0M
Q3 25
$33.5M
$159.5M
Q2 25
$34.9M
$172.1M
Q1 25
$35.7M
$132.1M
Q4 24
$44.5M
$109.1M
Q3 24
$47.1M
$238.0M
Q2 24
$38.5M
$127.9M
Stockholders' Equity
FR
FR
PRDO
PRDO
Q1 26
$2.9B
Q4 25
$2.7B
$972.4M
Q3 25
$2.7B
$997.9M
Q2 25
$2.6B
$984.6M
Q1 25
$2.7B
$970.3M
Q4 24
$2.7B
$959.5M
Q3 24
$2.6B
$935.4M
Q2 24
$2.6B
$899.5M
Total Assets
FR
FR
PRDO
PRDO
Q1 26
$5.8B
Q4 25
$5.7B
$1.2B
Q3 25
$5.5B
$1.3B
Q2 25
$5.5B
$1.3B
Q1 25
$5.4B
$1.3B
Q4 24
$5.3B
$1.2B
Q3 24
$5.2B
$1.1B
Q2 24
$5.2B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
FR
FR
PRDO
PRDO
Operating Cash FlowLast quarter
$40.1M
Free Cash FlowOCF − Capex
$37.9M
FCF MarginFCF / Revenue
17.9%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
PRDO
PRDO
Q1 26
Q4 25
$461.3M
$40.1M
Q3 25
$124.6M
$41.2M
Q2 25
$126.1M
$78.8M
Q1 25
$88.6M
$65.1M
Q4 24
$352.5M
$17.6M
Q3 24
$105.5M
$51.0M
Q2 24
$107.7M
$38.5M
Free Cash Flow
FR
FR
PRDO
PRDO
Q1 26
Q4 25
$37.9M
Q3 25
$39.4M
Q2 25
$76.0M
Q1 25
$63.4M
Q4 24
$16.0M
Q3 24
$50.0M
Q2 24
$37.7M
FCF Margin
FR
FR
PRDO
PRDO
Q1 26
Q4 25
17.9%
Q3 25
18.6%
Q2 25
36.3%
Q1 25
29.8%
Q4 24
9.1%
Q3 24
29.4%
Q2 24
22.6%
Capex Intensity
FR
FR
PRDO
PRDO
Q1 26
Q4 25
1.1%
Q3 25
0.9%
Q2 25
1.3%
Q1 25
0.8%
Q4 24
0.9%
Q3 24
0.6%
Q2 24
0.5%
Cash Conversion
FR
FR
PRDO
PRDO
Q1 26
Q4 25
5.85×
Q3 25
1.91×
1.03×
Q2 25
2.28×
1.92×
Q1 25
1.84×
1.49×
Q4 24
5.15×
Q3 24
1.06×
1.33×
Q2 24
2.10×
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FR
FR

Segment breakdown not available.

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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