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Perdoceo Education (Perdoceo Education) Net Margin % : 23.44% (As of Mar. 2024)


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What is Perdoceo Education Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Perdoceo Education's Net Income for the three months ended in Mar. 2024 was $39.4 Mil. Perdoceo Education's Revenue for the three months ended in Mar. 2024 was $168.3 Mil. Therefore, Perdoceo Education's net margin for the quarter that ended in Mar. 2024 was 23.44%.

The historical rank and industry rank for Perdoceo Education's Net Margin % or its related term are showing as below:

PRDO' s Net Margin % Range Over the Past 10 Years
Min: -19.49   Med: 10.32   Max: 22.36
Current: 22.36


PRDO's Net Margin % is ranked better than
84.79% of 263 companies
in the Education industry
Industry Median: 5.14 vs PRDO: 22.36

Perdoceo Education Net Margin % Historical Data

The historical data trend for Perdoceo Education's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perdoceo Education Net Margin % Chart

Perdoceo Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.15 18.08 15.82 13.79 20.80

Perdoceo Education Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.63 29.31 22.96 11.62 23.44

Competitive Comparison of Perdoceo Education's Net Margin %

For the Education & Training Services subindustry, Perdoceo Education's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Perdoceo Education's Net Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Perdoceo Education's Net Margin % distribution charts can be found below:

* The bar in red indicates where Perdoceo Education's Net Margin % falls into.



Perdoceo Education Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Perdoceo Education's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=147.652/710.004
=20.80 %

Perdoceo Education's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=39.442/168.264
=23.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Perdoceo Education  (NAS:PRDO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Perdoceo Education Net Margin % Related Terms

Thank you for viewing the detailed overview of Perdoceo Education's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Perdoceo Education (Perdoceo Education) Business Description

Traded in Other Exchanges
Address
1750 E. Golf Road, Schaumburg, IL, USA, 60173
Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.
Executives
Todd S Nelson director, officer: President & CEO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
John Robert Kline officer: SVP, AIU PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Michele A Peppers officer: Principal Accounting Officer PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Andrew Hurst officer: SVP PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Ashish R Ghia officer: Interim CFO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
David C. Czeszewski officer: SVP, CIO PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Patrick W Gross director
Gregory L. Jackson director 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Leslie T Thornton director 3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
Thomas B Lally director 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Elise Baskel officer: SVP, CTU 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Greg E. Jansen officer: SVP, General Counsel 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Jeffrey David Ayers officer: SVP PERDOCEO EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Alan Dupree Wheat director PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Richard D Wang director C/O TENZING GLOBAL MANAGEMENT LLC, 388 MARKET STREET SUITE 860, SAN FRANCISCO CA 94111