Grand Canyon Education Inc (LOPE)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 74.14% | 74.15% | 74.09% | 73.83% | 73.52% | 73.11% | 72.63% | 72.53% | 72.57% | 71.43% | 72.02% | 72.83% | 73.03% | 46.76% | 46.85% | 46.31% | 45.88% | 73.95% | 74.38% | 74.68% |
| Operating profit margin | 26.66% | 26.82% | 26.59% | 26.31% | 25.94% | 25.72% | 25.44% | 25.57% | 26.06% | 37.90% | 39.55% | 41.99% | 43.56% | 31.48% | 32.44% | 32.82% | 33.04% | 32.26% | 33.62% | 34.50% |
| Pretax margin | 28.20% | 28.28% | 27.94% | 27.53% | 27.03% | 26.66% | 26.17% | 26.06% | 26.35% | 39.08% | 42.84% | 47.40% | 51.13% | 37.92% | 38.91% | 39.39% | 39.67% | 38.88% | 40.23% | 41.25% |
| Net profit margin | 21.90% | 22.09% | 21.88% | 21.66% | 21.33% | 20.75% | 20.43% | 20.29% | 20.26% | 30.23% | 33.04% | 36.64% | 40.18% | 29.76% | 30.56% | 30.84% | 30.63% | 30.41% | 31.43% | 32.46% |
Grand Canyon Education Inc's profitability ratios show fluctuations over the reported periods. The gross profit margin remained relatively stable around 70% to 75% until a significant drop to around 45% at the end of 2020, followed by a recovery to above 70% by the end of 2024.
The operating profit margin also displayed consistent performance between 30% and 35% up to the end of 2021 before declining to around 26% by the end of 2022 and maintaining similar levels thereafter.
The pretax margin showed a gradual decline from around 40% in mid-2021 to below 30% by the end of 2022, with a subsequent modest recovery to around 28% by the end of 2024.
The net profit margin followed a similar trend as the pretax margin, decreasing from around 30% in mid-2021 to approximately 20% by the end of 2022, and then improving slightly to around 22% by the end of 2024.
Overall, Grand Canyon Education Inc experienced a dip in profitability margins in the period post-2021, potentially indicating challenges faced by the company. Investors and stakeholders may want to further investigate the reasons behind these declines and monitor future financial performance to assess the company's ability to improve profitability.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 27.04% | 27.51% | 26.85% | 25.04% | 26.79% | 28.05% | 27.90% | 26.83% | 28.52% | 31.77% | 32.90% | 29.99% | 23.08% | 16.49% | 15.31% | 14.90% | 15.04% | 14.56% | 15.13% | 15.79% |
| Return on assets (ROA) | 22.21% | 22.67% | 22.10% | 20.61% | 22.03% | 22.63% | 22.40% | 21.30% | 22.18% | 25.33% | 27.49% | 26.17% | 21.29% | 15.59% | 14.42% | 14.00% | 13.94% | 13.72% | 14.14% | 14.86% |
| Return on total capital | 35.61% | 36.63% | 36.35% | 35.72% | 36.17% | 38.58% | 37.64% | 36.27% | 37.66% | 39.00% | 43.01% | 41.36% | 30.48% | 24.06% | 21.40% | 20.59% | 20.47% | 20.10% | 21.04% | 21.79% |
| Return on equity (ROE) | 28.86% | 29.45% | 28.89% | 28.10% | 28.55% | 30.02% | 29.37% | 28.24% | 28.96% | 33.60% | 35.67% | 34.02% | 24.91% | 18.70% | 17.27% | 16.61% | 16.34% | 16.25% | 17.00% | 17.77% |
Grand Canyon Education Inc's profitability ratios show a positive trend over the periods analyzed.
1. Operating return on assets (Operating ROA) steadily increased from 15.79% on March 31, 2020, to a peak of 32.90% on June 30, 2022. It then declined slightly but remained high at 27.04% on December 31, 2024.
2. Return on assets (ROA) followed a similar upward trajectory, starting at 14.86% on March 31, 2020, and reaching a height of 27.49% on June 30, 2022. The ratio decreased slightly but stayed substantial at 22.21% on December 31, 2024.
3. Return on total capital also exhibited a positive trend, increasing from 21.79% on March 31, 2020, to a peak of 43.01% on June 30, 2022. The ratio then hovered around 36% in the subsequent periods, signaling robust returns generated from the total invested capital.
4. Return on equity (ROE) saw steady growth from 17.77% on March 31, 2020, to a peak of 35.67% on June 30, 2022. The ratio slightly decreased but remained healthy at 28.86% on December 31, 2024, indicating efficient utilization of shareholders' equity to generate profits.
Overall, Grand Canyon Education Inc's profitability ratios reflect a strong performance with consistent improvement in generating returns for both assets and equity holders.