American Public Education, Inc.
American Public Education, Inc. (APUS) operates as a provider of online higher education and career-focused educational services. The company delivers degree programs, certificates, and other educational offerings primarily through its two main operating segments: American Public University System and Rasmussen… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What American Public Education, Inc. does
In the company’s own words
American Public Education, Inc. (APUS) operates as a provider of online higher education and career-focused educational services. The company delivers degree programs, certificates, and other educational offerings primarily through its two main operating segments: American Public University System and Rasmussen University.
The American Public University System segment serves military-connected students, working professionals, and other adult learners through online delivery of undergraduate and graduate degree programs across diverse fields including business, technology, security studies, and public administration. This segment maintains a significant presence serving the military community, including active duty service members, veterans, and military families.
Rasmussen University operates as a regionally accredited institution offering career-focused undergraduate and graduate degree programs, as well as diploma and certificate programs, with a focus on healthcare, technology, business, and skilled trades. The university maintains both online and campus-based delivery models to serve its student population.
The company's business model centers on providing accessible, affordable, and flexible educational pathways for non-traditional students, particularly working adults seeking to advance their careers or transition into new fields. American Public Education emphasizes competency-based and outcome-focused education aligned with employer needs and industry demands.
The company maintains accreditation through recognized accrediting bodies including the Higher Learning Commission and specialized accrediting agencies for specific programs. American Public Education generates revenue primarily through tuition and fees paid by students, with significant reliance on federal Title IV student aid programs.
The organization operates with a distributed workforce supporting online educational delivery and campus operations. The company's competitive positioning derives from its focus on underserved student populations, flexible delivery models, career-relevant curriculum design, and established relationships within the military education community.
American Public Education maintains its website at www.apus.edu, serving as a central platform for student recruitment, enrollment, and educational delivery across its institutional portfolio.
Company details
- Sector
- Consumer Discretionary
- Industry (SIC)
- Professional Services
- Headquarters
- CHARLES TOWN, WV
- Fiscal year end
- December
- CIK
- 1201792
- SIC
- 8200
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns American Public Education, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in American Public Education, Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · American Public Education, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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