American Public Education Inc (APEI) — Cash Flow Quality Index

Latest as of December 2025: -0.92x

American Public Education Inc (APEI) has a Cash Flow Quality Index of -0.92x as of December 2025. Operating cash flow of $-11.55 Million is below net income of $12.61 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore American Public Education Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.92x
Operating CF / Net Income

Operating Cash Flow

$-11.55 Million
USD

Net Income

$12.61 Million
USD

Data as of

Dec 2025
Most recent filing

American Public Education Inc Cash Flow Quality Index (2003–2025)

Historical Cash Flow Quality Index for American Public Education Inc across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check American Public Education Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for American Public Education Inc (2003–2025)

Year-by-year earnings quality comparison for American Public Education Inc. For live market cap and the full company financial profile, see American Public Education Inc (APEI) market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.96x $61.97 Million $31.56 Million ▼ -35.3%
2024 3.03x $48.87 Million $16.11 Million ▲ +231.0%
2021 0.92x $16.27 Million $17.75 Million ▼ -61.5%
2020 2.38x $44.81 Million $18.82 Million ▼ -37.9%
2019 3.83x $38.37 Million $10.01 Million ▲ +122.4%
2018 1.72x $44.18 Million $25.64 Million ▼ -24.1%
2017 2.27x $47.94 Million $21.12 Million ▼ -2.1%
2016 2.32x $56.01 Million $24.16 Million ▲ +31.4%
2015 1.77x $57.21 Million $32.41 Million ▲ +18.2%
2014 1.49x $61.03 Million $40.88 Million ▲ +5.6%
2013 1.41x $59.41 Million $42.03 Million ▲ +13.0%
2012 1.25x $52.92 Million $42.32 Million ▼ -27.6%
2011 1.73x $70.44 Million $40.76 Million ▲ +9.6%
2010 1.58x $47.08 Million $29.87 Million ▲ +2.7%
2009 1.54x $36.76 Million $23.94 Million ▼ -16.5%
2008 1.84x $29.76 Million $16.19 Million ▼ -8.2%
2007 2.00x $17.52 Million $8.75 Million ▼ -59.7%
2006 4.97x $8.93 Million $1.80 Million ▼ -52.7%
2003 10.51x $2.28 Million $217.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.