American Public Education Inc (APEI) — Tangible Net Worth Ratio
American Public Education Inc (APEI) has a Tangible Net Worth Ratio of 90.8% as of March 2026. This metric is calculated by deducting intangible assets ($28.22 Million) from net assets ($306.17 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of American Public Education Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
American Public Education Inc Tangible Net Worth Ratio (2005–2025)
This chart shows how American Public Education Inc's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 90.8%, reflecting net assets of $306.17 Million with intangible assets of $28.22 Million USD. Also explore APEI net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for American Public Education Inc (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for American Public Education Inc from 2005 to 2025, covering 21 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see American Public Education Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.4% | $294.78 Million | $28.22 Million | $543.43 Million | ▼ -0.3 pp |
| 2024 | 90.7% | $303.88 Million | $28.22 Million | $570.10 Million | ▲ +1.5 pp |
| 2023 | 89.2% | $291.98 Million | $31.54 Million | $557.39 Million | ▲ +4.8 pp |
| 2022 | 84.3% | $349.73 Million | $54.73 Million | $685.25 Million | ▲ +4.8 pp |
| 2021 | 79.5% | $415.61 Million | $85.08 Million | $725.61 Million | ▼ -19.3 pp |
| 2020 | 98.8% | $306.93 Million | $3.72 Million | $371.02 Million | ▲ +0.0 pp |
| 2019 | 98.7% | $296.73 Million | $3.72 Million | $354.90 Million | ▼ -0.1 pp |
| 2018 | 98.8% | $321.27 Million | $3.72 Million | $370.96 Million | ▲ +0.4 pp |
| 2017 | 98.4% | $289.41 Million | $4.61 Million | $339.04 Million | ▼ -3.4 pp |
| 2016 | 101.8% | $264.67 Million | $-4.74 Million | $320.71 Million | ▲ +20.6 pp |
| 2015 | 81.2% | $237.15 Million | $44.55 Million | $303.90 Million | ▲ +0.6 pp |
| 2014 | 80.6% | $234.22 Million | $45.44 Million | $297.90 Million | ▲ +2.9 pp |
| 2013 | 77.7% | $207.07 Million | $46.10 Million | $271.65 Million | ▼ -22.3 pp |
| 2012 | 100.0% | $171.15 Million | $0.00 | $237.60 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $133.83 Million | $0.00 | $198.89 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $97.30 Million | $0.00 | $141.84 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $82.02 Million | $0.00 | $115.75 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $53.48 Million | $0.00 | $78.81 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $33.51 Million | $0.00 | $48.98 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $16.82 Million | $0.00 | $28.75 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $14.54 Million | $0.00 | $22.44 Million | — |