Grand Canyon Education Inc
Grand Canyon Education, Inc. operates as an education services company in the United States. The company provides technology services, including learning management system, internal administration, infrastructure, and support services; and academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites. It also… Read more
Grand Canyon Education Inc (LOPE) - Net Assets
Latest net assets as of December 2025: $746.93 Million USD
Based on the latest financial reports, Grand Canyon Education Inc (LOPE) has net assets worth $746.93 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($992.30 Million) and total liabilities ($245.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $746.93 Million |
| % of Total Assets | 75.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | -28.53% |
| 10-Year Change | -3.46% |
| Growth Volatility | 26.79 |
Grand Canyon Education Inc - Net Assets Trend (2006–2025)
This chart illustrates how Grand Canyon Education Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grand Canyon Education Inc (2006–2025)
The table below shows the annual net assets of Grand Canyon Education Inc from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $746.93 Million | -4.71% |
| 2024-12-31 | $783.85 Million | +9.17% |
| 2023-12-31 | $718.01 Million | +12.61% |
| 2022-12-31 | $637.62 Million | -38.99% |
| 2021-12-31 | $1.05 Billion | -33.62% |
| 2020-12-31 | $1.57 Billion | +9.07% |
| 2019-12-31 | $1.44 Billion | +18.94% |
| 2018-12-31 | $1.21 Billion | +23.09% |
| 2017-12-31 | $985.95 Million | +27.44% |
| 2016-12-31 | $773.69 Million | +26.78% |
| 2015-12-31 | $610.25 Million | +28.14% |
| 2014-12-31 | $476.23 Million | +38.10% |
| 2013-12-31 | $344.84 Million | +47.33% |
| 2012-12-31 | $234.06 Million | +43.34% |
| 2011-12-31 | $163.29 Million | +19.49% |
| 2010-12-31 | $136.66 Million | +58.86% |
| 2009-12-31 | $86.03 Million | +60.53% |
| 2008-12-31 | $53.59 Million | +615.98% |
| 2007-12-31 | $-10.39 Million | +11.40% |
| 2006-12-31 | $-11.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Canyon Education Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 270701600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.69 Billion | 359.75% |
| Common Stock | $542.00K | 0.07% |
| Other Comprehensive Income | $511.00K | 0.07% |
| Total Equity | $746.93 Million | 100.00% |
Grand Canyon Education Inc Competitors by Market Cap
The table below lists competitors of Grand Canyon Education Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TG Therapeutics Inc
NASDAQ:TGTX
|
$4.39 Billion |
|
Samsung SDS Co Ltd
KO:018260
|
$4.40 Billion |
|
Petro Rio S.A
PINK:PTRRY
|
$4.40 Billion |
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
$4.40 Billion |
|
E-L Financial Corp Ltd
PINK:ELFIF
|
$4.39 Billion |
|
NIBE Industrier AB ser. B
SW:NIBEB
|
$4.38 Billion |
|
Nibe Industrier AB Series B
LSE:0RH0
|
$4.38 Billion |
|
Badger Meter Inc
NYSE:BMI
|
$4.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Canyon Education Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 783,853,000 to 746,933,000, a change of -36,920,000 (-4.7%).
- Net income of 216,170,000 contributed positively to equity growth.
- Share repurchases of 264,757,999 reduced equity.
- Other comprehensive income increased equity by 511,000.
- Other factors increased equity by 11,156,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $216.17 Million | +28.94% |
| Share Repurchases | $264.76 Million | -35.45% |
| Other Comprehensive Income | $511.00K | +0.07% |
| Other Changes | $11.16 Million | +1.49% |
| Total Change | $- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares Grand Canyon Education Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $-0.32 | $167.66 | x |
| 2007-12-31 | $-0.30 | $167.66 | x |
| 2008-12-31 | $1.60 | $167.66 | x |
| 2009-12-31 | $1.89 | $167.66 | x |
| 2010-12-31 | $2.95 | $167.66 | x |
| 2011-12-31 | $3.62 | $167.66 | x |
| 2012-12-31 | $5.17 | $167.66 | x |
| 2013-12-31 | $7.48 | $167.66 | x |
| 2014-12-31 | $10.13 | $167.66 | x |
| 2015-12-31 | $12.91 | $167.66 | x |
| 2016-12-31 | $16.42 | $167.66 | x |
| 2017-12-31 | $20.44 | $167.66 | x |
| 2018-12-31 | $25.07 | $167.66 | x |
| 2019-12-31 | $29.91 | $167.66 | x |
| 2020-12-31 | $33.38 | $167.66 | x |
| 2021-12-31 | $23.77 | $167.66 | x |
| 2022-12-31 | $19.78 | $167.66 | x |
| 2023-12-31 | $23.82 | $167.66 | x |
| 2024-12-31 | $26.78 | $167.66 | x |
| 2025-12-31 | $26.65 | $167.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Canyon Education Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.54%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.33x
- Recent ROE (28.94%) is above the historical average (22.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.83% | 1.18x | 0.00x | $1.77 Million |
| 2007 | 0.00% | 1.54% | 1.12x | 0.00x | $2.56 Million |
| 2008 | 12.47% | 4.14% | 1.38x | 2.18x | $1.33 Million |
| 2009 | 31.74% | 10.43% | 1.50x | 2.03x | $18.70 Million |
| 2010 | 32.46% | 11.50% | 1.36x | 2.08x | $30.70 Million |
| 2011 | 30.95% | 11.84% | 1.34x | 1.95x | $34.22 Million |
| 2012 | 29.67% | 13.58% | 1.03x | 2.11x | $46.04 Million |
| 2013 | 25.72% | 14.83% | 0.97x | 1.79x | $54.23 Million |
| 2014 | 23.41% | 16.13% | 0.91x | 1.59x | $63.84 Million |
| 2015 | 21.53% | 16.89% | 0.87x | 1.47x | $70.39 Million |
| 2016 | 19.20% | 17.01% | 0.80x | 1.41x | $71.15 Million |
| 2017 | 20.62% | 20.87% | 0.75x | 1.32x | $104.72 Million |
| 2018 | 18.87% | 27.09% | 0.64x | 1.09x | $107.65 Million |
| 2019 | 17.96% | 33.29% | 0.46x | 1.17x | $114.83 Million |
| 2020 | 16.34% | 30.47% | 0.46x | 1.17x | $99.76 Million |
| 2021 | 24.91% | 29.04% | 0.73x | 1.17x | $155.84 Million |
| 2022 | 28.96% | 20.26% | 1.09x | 1.31x | $120.91 Million |
| 2023 | 28.55% | 21.33% | 1.03x | 1.30x | $133.18 Million |
| 2024 | 28.86% | 21.90% | 1.01x | 1.30x | $147.85 Million |
| 2025 | 28.94% | 19.54% | 1.11x | 1.33x | $141.48 Million |
Industry Comparison
This section compares Grand Canyon Education Inc's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Canyon Education Inc (LOPE) | $746.93 Million | 0.00% | 0.33x | $4.39 Billion |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |