Perdoceo Education Corp (PRDO)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 25.10% | 21.94% | 19.97% | 17.74% | 17.28% | 17.06% | 17.49% | 17.76% | 17.45% | 52.41% | 52.23% | 52.44% | 52.65% | 51.76% | 51.40% | 46.71% | 46.36% | 45.24% | 44.99% | 48.68% |
| Operating profit margin | 21.19% | 21.28% | 19.72% | 18.25% | 18.63% | 20.82% | 21.91% | 21.96% | 21.49% | 21.38% | 20.68% | 20.85% | 20.74% | 20.52% | 19.76% | 14.57% | 13.73% | 12.10% | 11.48% | 13.66% |
| Pretax margin | 27.06% | 26.29% | 24.39% | 19.40% | 19.29% | 21.28% | 22.00% | 21.93% | 21.50% | 21.46% | 20.93% | 21.25% | 21.30% | 21.21% | 20.61% | 15.52% | 14.67% | 12.96% | 12.20% | 14.20% |
| Net profit margin | 20.79% | 19.82% | 17.48% | 13.87% | 13.78% | 15.36% | 16.07% | 16.02% | 15.81% | 15.93% | 17.76% | 17.95% | 18.03% | 18.44% | 15.55% | 11.54% | 11.11% | 9.17% | 8.76% | 10.57% |
Perdoceo Education Corporation has consistently maintained a strong gross profit margin of 100% across all quarters, indicating efficient cost management and pricing strategies. In terms of operating profit margin, the company's performance has been relatively stable, with a slight decrease in Q4 2023 compared to the previous quarter. This implies that operational expenses are well managed, but there may be some pressure on profitability in the most recent period.
The pretax margin shows a consistent upward trend from Q1 2022 to Q4 2023, reaching 27.06% in the latest quarter. This indicates the company's ability to effectively generate profits before accounting for taxes. However, the net profit margin has also increased over time, albeit with fluctuations, reaching 20.80% in Q4 2023. This suggests that after accounting for all expenses, including taxes, Perdoceo Education Corporation is able to maintain a healthy level of profitability.
Overall, the company's profitability ratios reflect sound financial management practices, but it may be beneficial to closely monitor the operating profit margin to ensure sustained profitability levels in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.94% | 15.32% | 14.15% | 13.42% | 13.54% | 15.74% | 17.53% | 18.02% | 17.58% | 18.01% | 18.42% | 19.49% | 19.81% | 20.29% | 19.99% | 15.46% | 14.43% | 12.46% | 12.39% | 15.23% |
| Return on assets (ROA) | 14.66% | 14.27% | 12.55% | 10.20% | 10.01% | 11.61% | 12.86% | 13.15% | 12.94% | 13.42% | 15.82% | 16.78% | 17.22% | 18.24% | 15.73% | 12.25% | 11.68% | 9.44% | 9.46% | 11.78% |
| Return on total capital | 22.88% | 23.45% | 22.43% | 18.11% | 18.55% | 20.51% | 21.85% | 22.53% | 23.07% | 23.58% | 23.96% | 25.37% | 26.43% | 27.53% | 28.58% | 22.48% | 21.46% | 20.01% | 19.55% | 22.23% |
| Return on equity (ROE) | 17.55% | 17.65% | 16.05% | 12.91% | 13.21% | 14.78% | 15.89% | 16.36% | 16.86% | 17.39% | 20.27% | 21.40% | 22.35% | 23.91% | 21.52% | 16.69% | 16.23% | 14.07% | 13.94% | 16.43% |
Perdoceo Education Corporation's profitability ratios have shown fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) has ranged from 13.79% to 17.56% in Q1 2023 and Q2 2022 respectively. The highest value indicates the company's ability to generate profits from its operating activities relative to its assets.
2. Return on assets (ROA) has varied between 10.20% and 14.66% in Q1 2023 and Q4 2023 respectively. This ratio reflects the company's efficiency in generating profits from its total assets.
3. Return on total capital ranged from 17.45% to 22.42% in the same period. This ratio demonstrates how effectively the company is utilizing its total capital to generate profits for its stakeholders.
4. Return on equity (ROE) fluctuated between 12.91% and 17.65% in Q1 2023 and Q3 2023 respectively, reflecting the company's ability to generate profits for its shareholders from their investments.
Overall, Perdoceo Education Corporation's profitability ratios have shown some variability, but the company has generally maintained healthy returns on assets, capital, and equity over the past eight quarters.