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AMERICAN PUBLIC EDUCATION INC（APEI）与Phoenix Education Partners, Inc.（PXED）财务数据对比。点击上方公司名可切换其他公司
Phoenix Education Partners, Inc.的季度营收约是AMERICAN PUBLIC EDUCATION INC的1.4倍（$222.5M vs $158.3M）。AMERICAN PUBLIC EDUCATION INC净利率更高（8.0% vs 4.8%，领先3.1%）。Phoenix Education Partners, Inc.自由现金流更多（$43.5M vs $-15.6M）
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。
凤凰城大学是总部位于美国亚利桑那州凤凰城的私立营利性大学，由凤凰城教育合伙公司持有，1976年成立，可颁发证书及副学士、学士、硕士、博士多个层级的学位。该校获高等教育委员会官方认证，不少本科项目实行开放入学政策。
APEI vs PXED — 直观对比
营收规模更大
PXED
是对方的1.4倍
$158.3M
净利率更高
APEI
高出3.1%
4.8%
自由现金流更多
PXED
多$59.1M
$-15.6M
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $158.3M | $222.5M |
| 净利润 | $12.6M | $10.8M |
| 毛利率 | 56.4% | — |
| 营业利润率 | 12.0% | 6.3% |
| 净利率 | 8.0% | 4.8% |
| 营收同比 | -3.5% | — |
| 净利润同比 | -2.7% | — |
| 每股收益（稀释后） | $0.67 | $0.28 |
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APEIPXED
| Q1 26 | — | $222.5M | ||
| Q4 25 | $158.3M | $262.0M | ||
| Q3 25 | $163.2M | — | ||
| Q2 25 | $162.8M | — | ||
| Q1 25 | $164.6M | — | ||
| Q4 24 | $164.1M | — | ||
| Q3 24 | $153.1M | — | ||
| Q2 24 | $152.9M | — |
净利润APEIPXED
| Q1 26 | — | $10.8M | ||
| Q4 25 | $12.6M | $15.5M | ||
| Q3 25 | $5.6M | — | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $8.9M | — | ||
| Q4 24 | $13.0M | — | ||
| Q3 24 | $2.3M | — | ||
| Q2 24 | $371.0K | — |
毛利率APEIPXED
| Q1 26 | — | — | ||
| Q4 25 | 56.4% | — | ||
| Q3 25 | 54.2% | — | ||
| Q2 25 | 51.8% | — | ||
| Q1 25 | 54.5% | — | ||
| Q4 24 | 56.3% | — | ||
| Q3 24 | 50.8% | — | ||
| Q2 24 | 50.2% | — |
营业利润率APEIPXED
| Q1 26 | — | 6.3% | ||
| Q4 25 | 12.0% | 9.8% | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 1.5% | — |
净利率APEIPXED
| Q1 26 | — | 4.8% | ||
| Q4 25 | 8.0% | 5.9% | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | 7.9% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 0.2% | — |
每股收益（稀释后）APEIPXED
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.67 | $0.40 | ||
| Q3 25 | $0.30 | — | ||
| Q2 25 | $-0.02 | — | ||
| Q1 25 | $0.41 | — | ||
| Q4 24 | $0.63 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $-0.06 | — |
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 | $201.4M |
| 总债务越低越好 | $94.7M | $58.8M |
| 股东权益账面价值 | $294.8M | $291.1M |
| 总资产 | $521.4M | $546.4M |
| 负债/权益比越低杠杆越低 | 0.32× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资APEIPXED
| Q1 26 | — | $201.4M | ||
| Q4 25 | $174.1M | $163.5M | ||
| Q3 25 | $191.3M | — | ||
| Q2 25 | $174.9M | — | ||
| Q1 25 | $161.6M | — | ||
| Q4 24 | $131.9M | — | ||
| Q3 24 | $135.4M | — | ||
| Q2 24 | $129.8M | — |
总债务APEIPXED
| Q1 26 | — | $58.8M | ||
| Q4 25 | $94.7M | $61.6M | ||
| Q3 25 | $94.4M | — | ||
| Q2 25 | $94.1M | — | ||
| Q1 25 | $93.7M | — | ||
| Q4 24 | $93.4M | — | ||
| Q3 24 | $93.1M | — | ||
| Q2 24 | $92.8M | — |
股东权益APEIPXED
| Q1 26 | — | $291.1M | ||
| Q4 25 | $294.8M | $280.4M | ||
| Q3 25 | $279.3M | — | ||
| Q2 25 | $272.2M | — | ||
| Q1 25 | $310.0M | — | ||
| Q4 24 | $303.9M | — | ||
| Q3 24 | $290.4M | — | ||
| Q2 24 | $288.7M | — |
总资产APEIPXED
| Q1 26 | — | $546.4M | ||
| Q4 25 | $521.4M | $549.6M | ||
| Q3 25 | $525.3M | — | ||
| Q2 25 | $537.4M | — | ||
| Q1 25 | $578.7M | — | ||
| Q4 24 | $570.1M | — | ||
| Q3 24 | $569.6M | — | ||
| Q2 24 | $560.7M | — |
负债/权益比APEIPXED
| Q1 26 | — | 0.20× | ||
| Q4 25 | 0.32× | 0.22× | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.32× | — |
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 | $48.9M |
| 自由现金流经营现金流 - 资本支出 | $-15.6M | $43.5M |
| 自由现金流率自由现金流/营收 | -9.9% | 19.6% |
| 资本支出强度资本支出/营收 | 2.6% | 2.4% |
| 现金转化率经营现金流/净利润 | -0.92× | 4.53× |
| 过去12个月自由现金流最近4个季度 | $46.1M | — |
8季度趋势，按日历期对齐
经营现金流APEIPXED
| Q1 26 | — | $48.9M | ||
| Q4 25 | $-11.6M | $31.1M | ||
| Q3 25 | $21.7M | — | ||
| Q2 25 | $14.8M | — | ||
| Q1 25 | $37.0M | — | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $14.1M | — | ||
| Q2 24 | $12.5M | — |
自由现金流APEIPXED
| Q1 26 | — | $43.5M | ||
| Q4 25 | $-15.6M | $26.4M | ||
| Q3 25 | $17.5M | — | ||
| Q2 25 | $11.1M | — | ||
| Q1 25 | $33.1M | — | ||
| Q4 24 | $-1.8M | — | ||
| Q3 24 | $7.8M | — | ||
| Q2 24 | $7.3M | — |
自由现金流率APEIPXED
| Q1 26 | — | 19.6% | ||
| Q4 25 | -9.9% | 10.1% | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 20.1% | — | ||
| Q4 24 | -1.1% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 4.7% | — |
资本支出强度APEIPXED
| Q1 26 | — | 2.4% | ||
| Q4 25 | 2.6% | 1.8% | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 3.4% | — |
现金转化率APEIPXED
| Q1 26 | — | 4.53× | ||
| Q4 25 | -0.92× | 2.01× | ||
| Q3 25 | 3.90× | — | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 4.16× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 6.22× | — | ||
| Q2 24 | 33.57× | — |
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% |
PXED
暂无分部数据
