American Public Education Inc (APEI) — Free Cash Flow Generation Index

Latest as of June 2026: 0.61x

American Public Education Inc (APEI) has a Free Cash Flow Generation Index of 0.61x as of June 2026. Free cash flow of $7.40 Million represents 1% of operating cash flow ($12.14 Million). Explore American Public Education Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.61x
Free Cash Flow / Operating CF

Free Cash Flow

$7.40 Million
USD

Operating Cash Flow

$12.14 Million
USD

Capital Expenditures

$4.74 Million
USD

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

Historical FCF Generation Index trend for American Public Education Inc across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of American Public Education Inc.

Annual Free Cash Flow Generation for American Public Education Inc (2003–2025)

Year-by-year Free Cash Flow Generation Index for American Public Education Inc. Check American Public Education Inc (APEI) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.74x $46.10 Million $61.97 Million $15.86 Million ▲ +30.8%
2024 0.57x $27.79 Million $48.87 Million $21.08 Million ▼ -18.1%
2023 0.69x $31.62 Million $45.51 Million $13.89 Million ▲ +58.2%
2022 0.44x $12.83 Million $29.21 Million $16.39 Million ▲ +60.9%
2021 0.27x $4.44 Million $16.27 Million $11.83 Million ▼ -69.4%
2020 0.89x $39.88 Million $44.81 Million $4.93 Million ▲ +9.8%
2019 0.81x $31.11 Million $38.37 Million $7.25 Million ▲ +3.1%
2018 0.79x $34.75 Million $44.18 Million $9.43 Million ▲ +13.7%
2017 0.69x $33.15 Million $47.94 Million $14.79 Million ▼ -2.2%
2016 0.71x $39.62 Million $56.01 Million $16.40 Million ▲ +35.1%
2015 0.52x $29.94 Million $57.21 Million $27.27 Million ▼ -9.7%
2014 0.58x $35.36 Million $61.03 Million $25.67 Million ▼ -10.6%
2013 0.65x $38.52 Million $59.41 Million $20.89 Million ▲ +95.2%
2012 0.33x $17.58 Million $52.92 Million $35.34 Million ▼ -48.2%
2011 0.64x $45.21 Million $70.44 Million $25.23 Million ▲ +25.6%
2010 0.51x $24.05 Million $47.08 Million $23.03 Million ▼ -24.8%
2009 0.68x $24.96 Million $36.76 Million $11.79 Million ▲ +7.2%
2008 0.63x $18.85 Million $29.76 Million $10.90 Million ▲ +7.3%
2007 0.59x $10.34 Million $17.52 Million $7.17 Million ▲ +32.0%
2006 0.45x $4.00 Million $8.93 Million $4.93 Million ▲ +223.1%
2005 -0.36x $-1.33 Million $3.66 Million $4.99 Million ▲ +55.1%
2003 -0.81x $-1.84 Million $2.28 Million $4.12 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).