Perdoceo Education Corp
Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates through three segments: Colorado Technical University (CTU), The American InterContinental University System (AIUS), and University of St. Augustine for Health Sciences (USAHS). The CTU segment offers academic programs in the career-oriented… Read more
Perdoceo Education Corp (PRDO) - Net Assets
Latest net assets as of September 2025: $997.85 Million USD
Based on the latest financial reports, Perdoceo Education Corp (PRDO) has net assets worth $997.85 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.30 Billion) and total liabilities ($301.53 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 | $997.85 Million |
| % of Total Assets | 76.79% |
| Annual Growth Rate | 13.68% |
| 5-Year Change | 72.61% |
| 10-Year Change | 184.21% |
| Growth Volatility | 42.05 |
Perdoceo Education Corp - Net Assets Trend (1997–2024)
This chart illustrates how Perdoceo Education Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Perdoceo Education Corp (1997–2024)
The table below shows the annual net assets of Perdoceo Education Corp from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $959.54 Million | +14.04% |
| 2023-12-31 | $841.42 Million | +15.92% |
| 2022-12-31 | $725.85 Million | +11.65% |
| 2021-12-31 | $650.11 Million | +16.95% |
| 2020-12-31 | $555.91 Million | +28.89% |
| 2019-12-31 | $431.30 Million | +21.42% |
| 2018-12-31 | $355.20 Million | +19.92% |
| 2017-12-31 | $296.20 Million | -7.87% |
| 2016-12-31 | $321.50 Million | -4.77% |
| 2015-12-31 | $337.61 Million | +19.75% |
| 2014-12-31 | $281.93 Million | -38.09% |
| 2013-12-31 | $455.38 Million | -25.57% |
| 2012-12-31 | $611.79 Million | -24.09% |
| 2011-12-31 | $805.98 Million | -13.74% |
| 2010-12-31 | $934.38 Million | +1.40% |
| 2009-12-31 | $921.52 Million | -2.76% |
| 2008-12-31 | $947.65 Million | +6.95% |
| 2007-12-31 | $886.11 Million | -9.80% |
| 2006-12-31 | $982.40 Million | -5.20% |
| 2005-12-31 | $1.04 Billion | +5.22% |
| 2004-12-31 | $984.83 Million | +31.69% |
| 2003-12-31 | $747.82 Million | +84.33% |
| 2002-12-31 | $405.70 Million | +32.41% |
| 2001-12-31 | $306.40 Million | +52.52% |
| 2000-12-31 | $200.89 Million | +76.69% |
| 1999-12-31 | $113.70 Million | +34.40% |
| 1998-12-31 | $84.60 Million | +181.06% |
| 1997-12-31 | $30.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Perdoceo Education Corp'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 60767200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $595.67 Million | 62.08% |
| Common Stock | $910.00K | 0.09% |
| Other Comprehensive Income | $166.00K | 0.02% |
| Other Components | $362.79 Million | 37.81% |
| Total Equity | $959.54 Million | 100.00% |
Perdoceo Education Corp Competitors by Market Cap
The table below lists competitors of Perdoceo Education Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Risen Energy
SHE:300118
|
$2.05 Billion |
|
Callaway Golf Company
NYSE:CALY
|
$2.05 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
$2.05 Billion |
|
G-bits Network Technology Xiamen Co Ltd
SHG:603444
|
$2.05 Billion |
|
Lakala Payment Co Ltd
SHE:300773
|
$2.05 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.05 Billion |
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.05 Billion |
|
Optowide Technologies Co. Ltd. A
SHG:688195
|
$2.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perdoceo Education Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 841,421,000 to 959,536,000, a change of 118,115,000 (14.0%).
- Net income of 147,590,000 contributed positively to equity growth.
- Dividend payments of 31,699,000 reduced retained earnings.
- Share repurchases of 6,769,000 reduced equity.
- New share issuances of 2,234,000 increased equity.
- Other comprehensive income increased equity by 832,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $147.59 Million | +15.38% |
| Dividends Paid | $31.70 Million | -3.3% |
| Share Repurchases | $6.77 Million | -0.71% |
| Share Issuances | $2.23 Million | +0.23% |
| Other Comprehensive Income | $832.00K | +0.09% |
| Other Changes | $5.93 Million | +0.62% |
| Total Change | $- | 14.04% |
Book Value vs Market Value Analysis
This analysis compares Perdoceo Education Corp'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: 2.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 66.25x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.53 | $35.11 | x |
| 1998-12-31 | $1.56 | $35.11 | x |
| 1999-12-31 | $1.80 | $35.11 | x |
| 2000-12-31 | $2.59 | $35.11 | x |
| 2001-12-31 | $3.38 | $35.11 | x |
| 2002-12-31 | $4.30 | $35.11 | x |
| 2003-12-31 | $7.42 | $35.11 | x |
| 2004-12-31 | $9.38 | $35.11 | x |
| 2005-12-31 | $10.02 | $35.11 | x |
| 2006-12-31 | $10.02 | $35.11 | x |
| 2007-12-31 | $9.39 | $35.11 | x |
| 2008-12-31 | $10.52 | $35.11 | x |
| 2009-12-31 | $10.64 | $35.11 | x |
| 2010-12-31 | $11.51 | $35.11 | x |
| 2011-12-31 | $10.82 | $35.11 | x |
| 2012-12-31 | $9.12 | $35.11 | x |
| 2013-12-31 | $6.82 | $35.11 | x |
| 2014-12-31 | $4.18 | $35.11 | x |
| 2015-12-31 | $4.94 | $35.11 | x |
| 2016-12-31 | $4.70 | $35.11 | x |
| 2017-12-31 | $4.30 | $35.11 | x |
| 2018-12-31 | $4.97 | $35.11 | x |
| 2019-12-31 | $5.98 | $35.11 | x |
| 2020-12-31 | $7.80 | $35.11 | x |
| 2021-12-31 | $9.17 | $35.11 | x |
| 2022-12-31 | $10.51 | $35.11 | x |
| 2023-12-31 | $12.41 | $35.11 | x |
| 2024-12-31 | $14.27 | $35.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perdoceo Education Corp 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): 15.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.66%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.29x
- Recent ROE (15.38%) is above the historical average (5.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -2.99% | -1.09% | 0.70x | 3.91x | $-3.91 Million |
| 1998 | 5.08% | 2.98% | 1.09x | 1.57x | $-4.16 Million |
| 1999 | 9.59% | 5.47% | 0.95x | 1.85x | $-470.00K |
| 2000 | 10.66% | 6.58% | 1.16x | 1.40x | $1.32 Million |
| 2001 | 12.52% | 7.25% | 1.08x | 1.60x | $7.71 Million |
| 2002 | 16.63% | 8.98% | 1.28x | 1.44x | $26.90 Million |
| 2003 | 15.94% | 10.03% | 1.06x | 1.50x | $44.39 Million |
| 2004 | 18.24% | 10.39% | 1.25x | 1.41x | $81.14 Million |
| 2005 | 22.57% | 11.50% | 1.35x | 1.45x | $130.25 Million |
| 2006 | 4.74% | 2.61% | 1.25x | 1.45x | $-51.67 Million |
| 2007 | 6.72% | 3.56% | 1.23x | 1.54x | $-29.06 Million |
| 2008 | 6.35% | 3.53% | 1.20x | 1.50x | $-34.62 Million |
| 2009 | 8.81% | 4.42% | 1.17x | 1.70x | $-10.93 Million |
| 2010 | 16.89% | 7.43% | 1.36x | 1.67x | $64.33 Million |
| 2011 | 2.30% | 0.99% | 1.43x | 1.63x | $-62.03 Million |
| 2012 | -23.34% | -9.59% | 1.33x | 1.84x | $-203.97 Million |
| 2013 | -36.07% | -15.54% | 1.31x | 1.77x | $-209.80 Million |
| 2014 | -63.19% | -24.03% | 1.29x | 2.03x | $-206.36 Million |
| 2015 | 15.37% | 6.12% | 1.39x | 1.81x | $18.12 Million |
| 2016 | -5.82% | -2.66% | 1.26x | 1.74x | $-50.86 Million |
| 2017 | -10.77% | -5.35% | 1.33x | 1.51x | $-61.52 Million |
| 2018 | 15.54% | 9.49% | 1.20x | 1.36x | $19.66 Million |
| 2019 | 16.23% | 11.15% | 1.05x | 1.39x | $26.85 Million |
| 2020 | 22.35% | 18.08% | 0.95x | 1.30x | $68.67 Million |
| 2021 | 16.86% | 15.82% | 0.82x | 1.30x | $44.63 Million |
| 2022 | 13.21% | 13.79% | 0.73x | 1.32x | $23.28 Million |
| 2023 | 17.55% | 20.80% | 0.70x | 1.20x | $63.51 Million |
| 2024 | 15.38% | 21.66% | 0.55x | 1.29x | $51.64 Million |
Industry Comparison
This section compares Perdoceo Education Corp'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 |
|---|---|---|---|---|
| Perdoceo Education Corp (PRDO) | $997.85 Million | -2.99% | 0.30x | $2.05 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 |