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

Latest as of June 2026: 1.24x

American Public Education Inc (APEI) has a Cash Flow Quality Index of 1.24x as of June 2026. Operating cash flow of $12.14 Million exceeds net income of $9.77 Million, indicating high earnings quality where cash backs reported profits. Explore American Public Education Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.24x
Operating CF / Net Income

Operating Cash Flow

$12.14 Million
USD

Net Income

$9.77 Million
USD

Data as of

Jun 2026
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. For the full cash flow conversion analysis, see APEI cash flow conversion.

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

Year-by-year earnings quality comparison for American Public Education Inc.

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.