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AMERICAN PUBLIC EDUCATION INC（APEI）与CHEGG, INC（CHGG）财务数据对比。点击上方公司名可切换其他公司
AMERICAN PUBLIC EDUCATION INC的季度营收约是CHEGG, INC的2.2倍（$158.3M vs $72.7M）。AMERICAN PUBLIC EDUCATION INC同比增速更快（-3.5% vs -49.4%）。CHEGG, INC自由现金流更多（$-15.5M vs $-15.6M）。过去两年AMERICAN PUBLIC EDUCATION INC的营收复合增速更高（1.3% vs -35.4%）
美国公共教育公司（股票代码APEI）旗下控股教育服务企业Strategic Education Inc，运营着卡佩拉大学、斯特雷耶大学两所营利性在线大学，还拥有DevMountain、Hackbright Academy、Sophia Learning等非学历教育项目，主营面向在职人群的成人教育服务。
Chegg是一家总部位于美国加利福尼亚州圣克拉拉的教育科技公司，依托人工智能技术，为学生提供作业辅导、数字及实体教材租赁、在线辅导等各类学生服务，目前拥有660万订阅用户，也因被指协助学生作弊、违反学术诚信而广受批评。
APEI vs CHGG — 直观对比
营收规模更大
APEI
是对方的2.2倍
$72.7M
营收增速更快
APEI
高出45.8%
-49.4%
自由现金流更多
CHGG
多$138.0K
$-15.6M
两年增速更快
APEI
近两年复合增速
-35.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $158.3M | $72.7M |
| 净利润 | $12.6M | — |
| 毛利率 | 56.4% | 57.3% |
| 营业利润率 | 12.0% | -47.2% |
| 净利率 | 8.0% | — |
| 营收同比 | -3.5% | -49.4% |
| 净利润同比 | -2.7% | — |
| 每股收益（稀释后） | $0.67 | $-0.30 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APEICHGG
| Q4 25 | $158.3M | $72.7M | ||
| Q3 25 | $163.2M | $77.7M | ||
| Q2 25 | $162.8M | $105.1M | ||
| Q1 25 | $164.6M | $121.4M | ||
| Q4 24 | $164.1M | $143.5M | ||
| Q3 24 | $153.1M | $136.6M | ||
| Q2 24 | $152.9M | $163.1M | ||
| Q1 24 | $154.4M | $174.3M |
净利润APEICHGG
| Q4 25 | $12.6M | — | ||
| Q3 25 | $5.6M | $-17.5M | ||
| Q2 25 | $4.5M | $-35.7M | ||
| Q1 25 | $8.9M | $-17.5M | ||
| Q4 24 | $13.0M | — | ||
| Q3 24 | $2.3M | $-212.6M | ||
| Q2 24 | $371.0K | $-616.9M | ||
| Q1 24 | $516.0K | $-1.4M |
毛利率APEICHGG
| Q4 25 | 56.4% | 57.3% | ||
| Q3 25 | 54.2% | 59.2% | ||
| Q2 25 | 51.8% | 66.3% | ||
| Q1 25 | 54.5% | 55.5% | ||
| Q4 24 | 56.3% | 68.2% | ||
| Q3 24 | 50.8% | 68.2% | ||
| Q2 24 | 50.2% | 72.2% | ||
| Q1 24 | 53.1% | 73.3% |
营业利润率APEICHGG
| Q4 25 | 12.0% | -47.2% | ||
| Q3 25 | 5.9% | -22.0% | ||
| Q2 25 | 4.3% | -34.7% | ||
| Q1 25 | 7.4% | -23.9% | ||
| Q4 24 | 13.1% | -19.0% | ||
| Q3 24 | 2.7% | -162.7% | ||
| Q2 24 | 1.5% | -297.3% | ||
| Q1 24 | 3.4% | -1.4% |
净利率APEICHGG
| Q4 25 | 8.0% | — | ||
| Q3 25 | 3.4% | -22.5% | ||
| Q2 25 | 2.8% | -33.9% | ||
| Q1 25 | 5.4% | -14.4% | ||
| Q4 24 | 7.9% | — | ||
| Q3 24 | 1.5% | -155.7% | ||
| Q2 24 | 0.2% | -378.1% | ||
| Q1 24 | 0.3% | -0.8% |
每股收益（稀释后）APEICHGG
| Q4 25 | $0.67 | $-0.30 | ||
| Q3 25 | $0.30 | $-0.16 | ||
| Q2 25 | $-0.02 | $-0.33 | ||
| Q1 25 | $0.41 | $-0.17 | ||
| Q4 24 | $0.63 | $-0.03 | ||
| Q3 24 | $0.04 | $-2.05 | ||
| Q2 24 | $-0.06 | $-6.01 | ||
| Q1 24 | $-0.06 | $-0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $174.1M | $72.8M |
| 总债务越低越好 | $94.7M | — |
| 股东权益账面价值 | $294.8M | $119.6M |
| 总资产 | $521.4M | $278.0M |
| 负债/权益比越低杠杆越低 | 0.32× | — |
8季度趋势，按日历期对齐
现金及短期投资APEICHGG
| Q4 25 | $174.1M | $72.8M | ||
| Q3 25 | $191.3M | $96.4M | ||
| Q2 25 | $174.9M | $85.6M | ||
| Q1 25 | $161.6M | $88.3M | ||
| Q4 24 | $131.9M | $315.7M | ||
| Q3 24 | $135.4M | $361.1M | ||
| Q2 24 | $129.8M | $345.5M | ||
| Q1 24 | $125.3M | $390.8M |
总债务APEICHGG
| 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 | — |
股东权益APEICHGG
| Q4 25 | $294.8M | $119.6M | ||
| Q3 25 | $279.3M | $146.1M | ||
| Q2 25 | $272.2M | $157.9M | ||
| Q1 25 | $310.0M | $185.7M | ||
| Q4 24 | $303.9M | $193.0M | ||
| Q3 24 | $290.4M | $185.0M | ||
| Q2 24 | $288.7M | $365.5M | ||
| Q1 24 | $288.5M | $963.5M |
总资产APEICHGG
| Q4 25 | $521.4M | $278.0M | ||
| Q3 25 | $525.3M | $378.3M | ||
| Q2 25 | $537.4M | $404.5M | ||
| Q1 25 | $578.7M | $438.8M | ||
| Q4 24 | $570.1M | $869.0M | ||
| Q3 24 | $569.6M | $1.0B | ||
| Q2 24 | $560.7M | $1.1B | ||
| Q1 24 | $559.0M | $1.7B |
负债/权益比APEICHGG
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-11.6M | $-9.0M |
| 自由现金流经营现金流 - 资本支出 | $-15.6M | $-15.5M |
| 自由现金流率自由现金流/营收 | -9.9% | -21.3% |
| 资本支出强度资本支出/营收 | 2.6% | 8.9% |
| 现金转化率经营现金流/净利润 | -0.92× | — |
| 过去12个月自由现金流最近4个季度 | $46.1M | $-12.6M |
8季度趋势，按日历期对齐
经营现金流APEICHGG
| Q4 25 | $-11.6M | $-9.0M | ||
| Q3 25 | $21.7M | $4.8M | ||
| Q2 25 | $14.8M | $-4.8M | ||
| Q1 25 | $37.0M | $24.5M | ||
| Q4 24 | $1.6M | $18.1M | ||
| Q3 24 | $14.1M | $39.5M | ||
| Q2 24 | $12.5M | $14.2M | ||
| Q1 24 | $20.7M | $53.3M |
自由现金流APEICHGG
| Q4 25 | $-15.6M | $-15.5M | ||
| Q3 25 | $17.5M | $-943.0K | ||
| Q2 25 | $11.1M | $-12.1M | ||
| Q1 25 | $33.1M | $15.9M | ||
| Q4 24 | $-1.8M | $4.8M | ||
| Q3 24 | $7.8M | $23.7M | ||
| Q2 24 | $7.3M | $-3.6M | ||
| Q1 24 | $14.5M | $25.3M |
自由现金流率APEICHGG
| Q4 25 | -9.9% | -21.3% | ||
| Q3 25 | 10.7% | -1.2% | ||
| Q2 25 | 6.8% | -11.5% | ||
| Q1 25 | 20.1% | 13.1% | ||
| Q4 24 | -1.1% | 3.4% | ||
| Q3 24 | 5.1% | 17.3% | ||
| Q2 24 | 4.7% | -2.2% | ||
| Q1 24 | 9.4% | 14.5% |
资本支出强度APEICHGG
| Q4 25 | 2.6% | 8.9% | ||
| Q3 25 | 2.6% | 7.4% | ||
| Q2 25 | 2.3% | 6.9% | ||
| Q1 25 | 2.4% | 7.1% | ||
| Q4 24 | 2.0% | 9.3% | ||
| Q3 24 | 4.1% | 11.6% | ||
| Q2 24 | 3.4% | 10.9% | ||
| Q1 24 | 4.0% | 16.1% |
现金转化率APEICHGG
| 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× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APEI
| American Public Education Inc Segment | $71.0M | 45% |
| Rasmussen University Segment | $66.6M | 42% |
| Hondros College Of Nursing Segment | $20.7M | 13% |
CHGG
暂无分部数据
