ASPU (Aspen Group) ROE %: 17.49% (As of Jan. 2026)

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ASPU Aspen Group Inc ASPU
42 GF Score
Price $0.30
! 4 Warning Signs
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What is Aspen Group ROE %?

Aspen Group ASPU -6.64% 42 ROE % is 17.49% as of Jan. 2026. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 260 Education companies, Aspen Group ranks better than 50.38% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aspen Group's annualized net income for the quarter that ended in Jan. 2026 was $5.74 Mil. Aspen Group's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was $32.83 Mil. Therefore, Aspen Group's annualized ROE % for the quarter that ended in Jan. 2026 was 17.49%.

The historical rank and industry rank for Aspen Group's ROE % or its related term are showing as below:

ASPU' s ROE % Range Over the Past 10 Years
Min: -1049.94   Med: -26.92   Max: 7.7
Current: 7.7

During the past 12 years, Aspen Group's highest ROE % was 7.70%. The lowest was -1,049.94%. And the median was -26.92%.

ASPU's ROE % is ranked better than
50.38% of 260 companies
in the Education industry
Industry Median: 7.45 vs ASPU: 7.70

Aspen Group  (OTCPK:ASPU) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=5.74/32.826
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.74 / 41.56)*(41.56 / 66.528)*(66.528 / 32.826)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.81 %*0.6247*2.0267
=ROA %*Equity Multiplier
=8.63 %*2.0267
=17.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=5.74/32.826
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.74 / 5.8) * (5.8 / 6.924) * (6.924 / 41.56) * (41.56 / 66.528) * (66.528 / 32.826)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9897 * 0.8377 * 16.66 % * 0.6247 * 2.0267
=17.49 %

Note: The net income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Aspen Group ROE % Related Terms


Aspen Group ROE % Historical Data

* Premium members only.

The historical data trend for Aspen Group's ROE % 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.

Aspen Group ROE % Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.97 -30.83 -16.59 -23.01 -20.92

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
ROE % 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 0.00 0.00 5.17 8.20 17.49

ASPU vs VSA, WAFU, AMBO: ROE % Comparison

For the Education & Training Services subindustry, Aspen Group's ROE %, along with its competitors' market caps and ROE % 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.


Aspen Group ROE % vs Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's ROE % distribution charts can be found below:

* The bar in red indicates where Aspen Group's ROE % falls into.


ASPU
42GF Score
Aspen Group Inc ASPU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Group ROE % Calculation

Aspen Group's annualized ROE % for the fiscal year that ended in Apr. 2022 is calculated as

ROE %=Net Income (A: Apr. 2022 )/( (Total Stockholders Equity (A: Apr. 2021 )+Total Stockholders Equity (A: Apr. 2022 ))/ count )
=-9.586/( (49.09+42.546)/ 2 )
=-9.586/45.818
=-20.92 %

Aspen Group's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=5.74/( (32.126+33.526)/ 2 )
=5.74/32.826
=17.49 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.49% mean?
Aspen Group (ASPU) has a ROE % of 17.49% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aspen Group and its competitors. According to the industry distribution chart, Aspen Group ranks #129 out of 260 companies in the Education industry, placing it in the top 49.6%.
Is Aspen Group's ROE % too high?
Aspen Group's current ROE % is 17.49%. The Education industry median ROE % is 7.45. Aspen Group's value of 17.49% is 134.8% above this industry median. Based on the distribution chart, Aspen Group ranks #129 out of 260 companies in the Education industry, which is above the industry midpoint. Overall, Aspen Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's ROE % compare to VSA and WAFU?
According to the Education industry distribution chart, Aspen Group ranks #129 out of 260 companies for ROE %. This puts Aspen Group in the upper half of its industry. The industry median ROE % is 7.45. Aspen Group's value of 17.49% is 134.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Education company?
The median ROE % among Education companies is 7.45, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspen Group's current ROE % of 17.49% is 134.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aspen Group and its competitors. For the Education industry, the median ROE % is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current ROE % is 17.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Aspen Group (ASPU) has a current ROE % of 17.49%. The current ROE % is 17.49% and 134.8% above the Education industry median of 7.45. Aspen Group's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Aspen Group (ASPU), the current ROE % is 17.49% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aspen Group Business Description

Address 4605 E. Elwood Street, Suite 300 and 400, Phoenix, AZ, USA, 85040
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to offer Associate, Bachelor's, Master's, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again.
42GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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