NYSE : PXED
Phoenix Education Partners, Inc. — Financial statements
Consumer Staples · Education & Training Services · United States
Last price 24.87 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 896.50M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Phoenix Education Partners, Inc. (PXED) reported revenue of 1.01B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 1.01B | 1.01B | 950.01M | 835.25M |
| Cost of Revenue | 440.99M | 435.99M | 403.92M | 379.26M |
| Gross Profit | 572.69M | 571.20M | 546.09M | 455.99M |
| Selling, General & Admin | 405.71M | 359.00M | 359.19M | 345.13M |
| Operating Expenses | 408.10M | 359.00M | 359.19M | 345.13M |
| Operating Income | 164.59M | 212.20M | 186.90M | 110.86M |
| Interest Expense | -1.56M | -480.00K | -960.00K | -1.77M |
| Interest & Investment Income | 7.84M | 10.46M | 16.69M | 8.53M |
| Other Non Operating Income (Expenses) | -475.00K | -791.00K | ||
| EBT Excluding Unusual Items | 170.87M | 222.18M | 202.15M | 116.83M |
| Merger & Restructuring Charges | -40.07M | -40.07M | -34.91M | -24.40M |
| Legal Settlements | -4.79M | |||
| Pretax Income | 119.40M | 182.11M | 167.24M | 87.64M |
| Income Tax Expense | 36.98M | 46.67M | 52.09M | 21.71M |
| Earnings From Continuing Operations | 82.42M | 135.44M | 115.15M | 65.93M |
| Minority Interest in Earnings | 474.00K | -1.56M | -2.02M | -1.00M |
| Net Income | 82.90M | 133.88M | 113.13M | 64.93M |
| Net Income to Common | 82.90M | 133.88M | 113.13M | 64.93M |
| Shares Outstanding (Basic) | 35.72M | 35.55M | 35.42M | 1.03M |
| Shares Outstanding (Diluted) | 38.83M | 38.11M | 37.14M | 1.03M |
| EPS (Basic) | 2.32 | 3.77 | 3.19 | 63.16 |
| EPS (Diluted) | 2.13 | 3.51 | 3.05 | 60.90 |
| Free Cash Flow | 131.22M | 64.93M | 140.65M | 89.97M |
| Free Cash Flow Per Share | 3.38 | 1.70 | 3.79 | 87.52 |
| Gross Margin | 56.50% | 56.71% | 57.48% | 54.59% |
| Operating Margin | 16.24% | 21.07% | 19.67% | 13.27% |
| Profit Margin | 8.18% | 13.29% | 11.91% | 7.77% |
| Free Cash Flow Margin | 12.95% | 6.45% | 14.80% | 10.77% |
| EBITDA | 171.55M | 218.71M | 191.72M | 114.14M |
| EBITDA Margin | 16.92% | 21.71% | 20.18% | 13.67% |
| D&A For EBITDA | 6.96M | 6.50M | 4.83M | 3.29M |
| EBIT | 164.59M | 212.20M | 186.90M | 110.86M |
| EBIT Margin | 16.24% | 21.07% | 19.67% | 13.27% |
| Effective Tax Rate | 30.97% | 25.63% | 31.15% | 24.77% |
| Advertising Expenses | 181.00M | 176.00M | 175.00M |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 155.02M | 136.50M | 297.34M | 240.66M |
| Short-Term Investments | 75.05M | 9.01M | 16.34M | 10.56M |
| Trading Asset Securities | 12.70M | |||
| Cash & Short-Term Investments | 230.07M | 145.51M | 313.68M | 263.92M |
| Accounts Receivable | 94.86M | 49.13M | 48.19M | 42.22M |
| Other Receivables | 1.61M | 9.83M | 3.06M | 3.66M |
| Receivables | 96.47M | 58.96M | 51.24M | 45.88M |
| Restricted Cash | 2.97M | 36.50M | 58.83M | 54.97M |
| Other Current Assets | 31.35M | 24.99M | 17.71M | 37.13M |
| Total Current Assets | 360.87M | 265.95M | 441.47M | 401.89M |
| Property, Plant & Equipment | 74.81M | 80.77M | 85.33M | 90.74M |
| Long-Term Investments | 36.40M | 12.80M | 10.44M | 11.13M |
| Goodwill | 3.73M | 3.73M | ||
| Other Intangible Assets | 85.42M | 87.29M | 82.72M | 82.81M |
| Long-Term Deferred Tax Assets | 24.52M | 20.57M | 46.50M | 67.33M |
| Other Long-Term Assets | 22.90M | 22.45M | 28.78M | 28.35M |
| Total Assets | 608.65M | 493.56M | 695.25M | 682.26M |
| Accounts Payable | 24.38M | 25.70M | 33.48M | 23.29M |
| Accrued Expenses | 31.43M | 43.27M | 49.32M | 39.53M |
| Current Portion of Leases | 9.82M | 8.95M | 9.37M | 12.60M |
| Current Unearned Revenue | 95.15M | 50.29M | 55.39M | 60.35M |
| Other Current Liabilities | 27.67M | 33.84M | 102.95M | 136.77M |
| Total Current Liabilities | 188.44M | 162.04M | 250.51M | 272.55M |
| Long-Term Leases | 55.88M | 64.35M | 74.85M | 85.71M |
| Other Long-Term Liabilities | 37.90M | 27.11M | 20.96M | 20.64M |
| Total Liabilities | 282.21M | 253.51M | 346.32M | 378.89M |
| Common Stock | 360.00K | 246.74M | 327.26M | 284.09M |
| Comprehensive Income & Other | -7.00K | 39.00K | 45.00K | -234.00K |
| Total Common Equity | 324.25M | 246.77M | 327.30M | 283.85M |
| Minority Interest | 2.18M | -6.72M | 21.63M | 19.52M |
| Shareholders' Equity | 326.43M | 240.06M | 348.93M | 303.37M |
| Total Liabilities & Equity | 608.65M | 493.56M | 695.25M | 682.26M |
| Total Debt | 65.70M | 73.30M | 84.22M | 98.31M |
| Net Cash (Debt) | 200.77M | 85.01M | 239.90M | 176.74M |
| Net Cash Per Share | 5.17 | 2.23 | 6.46 | 171.93 |
| Filing Date Shares Outstanding | 36.05M | 35.65M | 1.03M | 1.03M |
| Total Common Shares Outstanding | 36.01M | 1.03M | 1.03M | 1.03M |
| Working Capital | 172.43M | 103.91M | 190.96M | 129.34M |
| Book Value Per Share | 9.00 | 240.05 | 318.39 | 276.12 |
| Tangible Book Value | 235.10M | 155.75M | 244.58M | 201.05M |
| Tangible Book Value Per Share | 6.53 | 151.51 | 237.92 | 195.57 |
| Machinery | 6.22M | 7.07M | 8.76M | |
| Construction In Progress | 5.58M | 5.70M | 4.64M | |
| Leasehold Improvements | 7.87M | 7.56M | 6.10M |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | 82.90M | 133.88M | 113.13M | 64.93M |
| Depreciation & Amortization | 6.96M | 6.50M | 4.83M | 3.29M |
| Other Amortization | 15.51M | 15.51M | 16.23M | 20.62M |
| Asset Writedown & Restructuring Costs | 681.00K | 185.00K | 212.00K | 11.51M |
| Stock-Based Compensation | 48.35M | 2.63M | 5.78M | 5.56M |
| Provision & Write-off of Bad Debts | 36.37M | 47.67M | 40.53M | 32.10M |
| Other Operating Activities | 20.97M | 44.94M | 43.27M | 29.96M |
| Change in Accounts Receivable | -40.77M | -55.39M | -45.90M | -36.39M |
| Change in Accounts Payable | 2.08M | -7.80M | 10.19M | 17.33M |
| Change in Unearned Revenue | 2.11M | -7.98M | -5.87M | 10.30M |
| Change in Income Taxes | -7.03M | -2.29M | 19.91M | -2.26M |
| Change in Other Net Operating Assets | -15.84M | -90.48M | -39.06M | -51.25M |
| Operating Cash Flow | 152.28M | 87.39M | 163.24M | 105.68M |
| Capital Expenditures | -21.06M | -22.46M | -22.59M | -15.72M |
| Cash Acquisitions | -1.98M | |||
| Investment in Securities | -87.60M | 4.58M | -4.56M | 2.42M |
| Other Investing Activities | -196.00K | -146.00K | -353.00K | -3.64M |
| Investing Cash Flow | -108.86M | -20.00M | -27.50M | -16.93M |
| Long-Term Debt Repaid | -5.00M | |||
| Net Debt Issued (Repaid) | -5.00M | |||
| Issuance of Common Stock | 456.00K | 98.00K | ||
| Common Dividends Paid | -97.78M | -214.40M | -69.96M | |
| Other Financing Activities | -22.19M | -36.15M | -5.33M | -1.52M |
| Financing Cash Flow | -128.85M | -250.56M | -75.19M | -6.52M |
| Net Cash Flow | -85.43M | -183.17M | 60.54M | 82.23M |
| Free Cash Flow | 131.22M | 64.93M | 140.65M | 89.97M |
| Free Cash Flow Margin | 12.95% | 6.45% | 14.80% | 10.77% |
| Free Cash Flow Per Share | 3.38 | 1.70 | 3.79 | 87.52 |
| Levered Free Cash Flow | 177.23M | 53.82M | 111.83M | |
| Unlevered Free Cash Flow | 178.20M | 54.12M | 112.43M | |
| Cash Income Tax Paid | 29.73M | 12.76M | 11.45M | 7.07M |
| Change in Working Capital | -59.45M | -163.94M | -60.73M | -62.28M |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Debt / Equity Ratio | 0.20 | 0.30 | 0.24 | 0.32 |
| Debt / EBITDA Ratio | 0.36 | 0.32 | 0.41 | 0.75 |
| Debt / FCF Ratio | 0.50 | 1.13 | 0.60 | 1.09 |
| Net Debt / Equity Ratio | -0.61 | -0.35 | -0.69 | -0.58 |
| Net Debt / EBITDA Ratio | -1.17 | -0.39 | -1.25 | -1.55 |
| Net Debt / FCF Ratio | -1.53 | -1.31 | -1.71 | -1.97 |
| Asset Turnover | 1.67 | 1.69 | 1.38 | |
| Quick Ratio | 1.73 | 1.26 | 1.46 | 1.14 |
| Current Ratio | 1.92 | 1.64 | 1.76 | 1.48 |
| Return on Equity (ROE) | 25.32% | 45.99% | 35.30% | |
| Return on Assets (ROA) | 16.93% | 22.31% | 16.96% | |
| Return on Invested Capital (ROIC) | 70.44% | 109.86% | 100.05% | 60.54% |
| Return on Capital Employed (ROCE) | 39.20% | 64.00% | 42.00% | 27.10% |
| Payout Ratio | 29.54% | 160.15% | 61.84% | |
| Buyback Yield / Dilution | 40.02% | -2.61% | -3,512.84% |