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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $181.5M, roughly 1.7× Mistras Group, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 2.1%, a 26.1% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 5.1%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $26.0M). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -0.8%).

Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

LOPE vs MG — Head-to-Head

Bigger by revenue
LOPE
LOPE
1.7× larger
LOPE
$308.1M
$181.5M
MG
Growing faster (revenue YoY)
LOPE
LOPE
+0.3% gap
LOPE
5.3%
5.1%
MG
Higher net margin
LOPE
LOPE
26.1% more per $
LOPE
28.1%
2.1%
MG
More free cash flow
LOPE
LOPE
$96.9M more FCF
LOPE
$122.9M
$26.0M
MG
Faster 2-yr revenue CAGR
LOPE
LOPE
Annualised
LOPE
5.9%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOPE
LOPE
MG
MG
Revenue
$308.1M
$181.5M
Net Profit
$86.7M
$3.8M
Gross Margin
28.4%
Operating Margin
35.1%
7.0%
Net Margin
28.1%
2.1%
Revenue YoY
5.3%
5.1%
Net Profit YoY
5.9%
-27.4%
EPS (diluted)
$3.13
$0.12

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
LOPE
LOPE
MG
MG
Q4 25
$308.1M
$181.5M
Q3 25
$261.1M
$195.5M
Q2 25
$247.5M
$185.4M
Q1 25
$289.3M
$161.6M
Q4 24
$292.6M
$172.7M
Q3 24
$238.3M
$182.7M
Q2 24
$227.5M
$189.8M
Q1 24
$274.7M
$184.4M
Net Profit
LOPE
LOPE
MG
MG
Q4 25
$86.7M
$3.8M
Q3 25
$16.3M
$13.1M
Q2 25
$41.5M
$3.0M
Q1 25
$71.6M
$-3.2M
Q4 24
$81.9M
$5.2M
Q3 24
$41.5M
$6.4M
Q2 24
$34.9M
$6.4M
Q1 24
$68.0M
$995.0K
Gross Margin
LOPE
LOPE
MG
MG
Q4 25
28.4%
Q3 25
29.8%
Q2 25
29.1%
Q1 25
25.3%
Q4 24
26.5%
Q3 24
26.8%
Q2 24
27.1%
Q1 24
25.0%
Operating Margin
LOPE
LOPE
MG
MG
Q4 25
35.1%
7.0%
Q3 25
6.9%
10.4%
Q2 25
20.9%
4.5%
Q1 25
30.4%
-0.6%
Q4 24
34.2%
6.1%
Q3 24
20.2%
6.5%
Q2 24
18.8%
6.3%
Q1 24
30.8%
3.0%
Net Margin
LOPE
LOPE
MG
MG
Q4 25
28.1%
2.1%
Q3 25
6.2%
6.7%
Q2 25
16.8%
1.6%
Q1 25
24.8%
-2.0%
Q4 24
28.0%
3.0%
Q3 24
17.4%
3.5%
Q2 24
15.3%
3.4%
Q1 24
24.8%
0.5%
EPS (diluted)
LOPE
LOPE
MG
MG
Q4 25
$3.13
$0.12
Q3 25
$0.58
$0.41
Q2 25
$1.48
$0.10
Q1 25
$2.52
$-0.10
Q4 24
$2.83
$0.17
Q3 24
$1.42
$0.20
Q2 24
$1.19
$0.20
Q1 24
$2.29
$0.03

Balance Sheet & Financial Strength

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

Metric
LOPE
LOPE
MG
MG
Cash + ST InvestmentsLiquidity on hand
$111.8M
$28.0M
Total DebtLower is stronger
$178.0M
Stockholders' EquityBook value
$746.9M
$235.1M
Total Assets
$992.3M
$578.8M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
MG
MG
Q4 25
$111.8M
$28.0M
Q3 25
$97.3M
$27.8M
Q2 25
$192.3M
$20.0M
Q1 25
$144.5M
$18.5M
Q4 24
$324.6M
$18.3M
Q3 24
$263.6M
$20.4M
Q2 24
$241.3M
$17.2M
Q1 24
$196.2M
$16.9M
Total Debt
LOPE
LOPE
MG
MG
Q4 25
$178.0M
Q3 25
$202.3M
Q2 25
$189.4M
Q1 25
$171.9M
Q4 24
$169.6M
Q3 24
$189.7M
Q2 24
$199.7M
Q1 24
$198.4M
Stockholders' Equity
LOPE
LOPE
MG
MG
Q4 25
$746.9M
$235.1M
Q3 25
$758.0M
$227.4M
Q2 25
$778.0M
$215.8M
Q1 25
$780.7M
$198.7M
Q4 24
$783.9M
$198.6M
Q3 24
$764.1M
$205.2M
Q2 24
$759.2M
$193.2M
Q1 24
$759.4M
$187.1M
Total Assets
LOPE
LOPE
MG
MG
Q4 25
$992.3M
$578.8M
Q3 25
$1.0B
$596.3M
Q2 25
$1.0B
$571.0M
Q1 25
$1.0B
$526.8M
Q4 24
$1.0B
$523.0M
Q3 24
$992.9M
$551.7M
Q2 24
$992.7M
$548.1M
Q1 24
$1.0B
$542.1M
Debt / Equity
LOPE
LOPE
MG
MG
Q4 25
0.76×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.85×
Q3 24
0.92×
Q2 24
1.03×
Q1 24
1.06×

Cash Flow & Capital Efficiency

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

Metric
LOPE
LOPE
MG
MG
Operating Cash FlowLast quarter
$130.5M
$32.1M
Free Cash FlowOCF − Capex
$122.9M
$26.0M
FCF MarginFCF / Revenue
39.9%
14.3%
Capex IntensityCapex / Revenue
2.5%
3.4%
Cash ConversionOCF / Net Profit
1.50×
8.55×
TTM Free Cash FlowTrailing 4 quarters
$238.6M
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
MG
MG
Q4 25
$130.5M
$32.1M
Q3 25
$-48.6M
$4.5M
Q2 25
$124.0M
$-9.3M
Q1 25
$67.6M
$5.6M
Q4 24
$135.8M
$25.7M
Q3 24
$-29.4M
$19.4M
Q2 24
$98.6M
$4.5M
Q1 24
$85.0M
$604.0K
Free Cash Flow
LOPE
LOPE
MG
MG
Q4 25
$122.9M
$26.0M
Q3 25
$-58.3M
$-4.1M
Q2 25
$115.4M
$-14.7M
Q1 25
$58.7M
$1.1M
Q4 24
$126.1M
$22.1M
Q3 24
$-39.0M
$14.6M
Q2 24
$89.6M
$-284.0K
Q1 24
$76.0M
$-4.2M
FCF Margin
LOPE
LOPE
MG
MG
Q4 25
39.9%
14.3%
Q3 25
-22.3%
-2.1%
Q2 25
46.6%
-7.9%
Q1 25
20.3%
0.7%
Q4 24
43.1%
12.8%
Q3 24
-16.3%
8.0%
Q2 24
39.4%
-0.1%
Q1 24
27.7%
-2.3%
Capex Intensity
LOPE
LOPE
MG
MG
Q4 25
2.5%
3.4%
Q3 25
3.7%
4.4%
Q2 25
3.5%
2.9%
Q1 25
3.1%
2.8%
Q4 24
3.3%
2.1%
Q3 24
4.0%
2.6%
Q2 24
3.9%
2.5%
Q1 24
3.3%
2.6%
Cash Conversion
LOPE
LOPE
MG
MG
Q4 25
1.50×
8.55×
Q3 25
-2.99×
0.34×
Q2 25
2.98×
-3.07×
Q1 25
0.94×
Q4 24
1.66×
4.96×
Q3 24
-0.71×
3.02×
Q2 24
2.83×
0.71×
Q1 24
1.25×
0.61×

Financial Flow Comparison

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

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