Career Education Corporation is an educational services company committed to providing quality, career-focused learning and led by passionate professionals who inspire individual worth and lifelong achievement. The universities of the Career Education family – American InterContinental UniversityR (AIU) and Colorado Technical UniversityR (CTU) – provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels to a diverse student population pursuing various career-oriented disciplines. The Company serves students on ground campuses and online with career-focused degree programs that meet the education demands of today’s busy adults.

Type
Public
HQ
Schaumburg, US
Founded
1994
Size (employees)
5,149 (est)
Career Education was founded in 1994 and is headquartered in Schaumburg, US
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Key People/Management at Career Education

Todd Nelson

Todd Nelson

President and Chief Executive Officer
Jeffrey D. Ayers

Jeffrey D. Ayers

Senior Vice President, General Counsel, and Corporate Secretary
Andrew J. Cederoth

Andrew J. Cederoth

Senior Vice President and Chief Financial Officer
Dave Czeszewski

Dave Czeszewski

Senior Vice President and Chief Information Officer
Andrew H. Hurst

Andrew H. Hurst

Senior Vice President and President, Colorado Technical University
John Kline

John Kline

Senior Vice President – American InterContinental University
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Career Education Office Locations

Career Education has an office in Schaumburg
Schaumburg, US (HQ)
231 N Martingale Rd
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Career Education Financials and Metrics

Career Education Financials

Career Education's revenue was reported to be $596.44 m in FY, 2017
USD

Revenue (Q1, 2018)

148.1 m

Net income (Q1, 2018)

17.5 m

EBIT (Q1, 2018)

20.5 m

Market capitalization (14-Jun-2018)

1.1 b

Closing share price (14-Jun-2018)

16.1
Career Education's current market capitalization is $1.1 b.
Annual
USDFY, 2013FY, 2014Y, 2015FY, 2016FY, 2017

Revenue

1.1 b741.4 m847.3 m704.4 m596.4 m

Revenue growth, %

(30%)14%(17%)

General and administrative expense

405 m

Operating expense total

562.3 m
Quarterly
USDQ1, 2018

Revenue

148.1 m

General and administrative expense

98 m

Operating expense total

127.5 m

Depreciation and amortization

2.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Accounts Receivable

Inventories

6.7 m3.3 m3.4 m1.9 m1.1 m

Current Assets

460 m380.8 m289 m248.2 m210.7 m

PP&E

182.4 m73.1 m58.2 m40.5 m
Quarterly
USDQ3, 2013Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Inventories

7.1 m3.1 m2.7 m2.4 m2.5 m2.1 m1.8 m1.4 m877 k1 m

Current Assets

557.2 m347.5 m315.9 m278.4 m233.5 m249.7 m259.8 m205.8 m209.7 m225.4 m

PP&E

202.1 m65.1 m57.9 m54.7 m52.6 m48.6 m45.2 m

Goodwill

87.4 m87.4 m87.4 m87.4 m87.4 m87.4 m87.4 m87.4 m87.4 m87.4 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(164.3 m)(178.2 m)51.9 m(18.7 m)(31.9 m)

Depreciation and Amortization

73.2 m55.5 m24.9 m22.7 m14 m

Inventories

Accounts Payable

(8.5 m)(830 k)2.5 m(16.3 m)(1.6 m)
Quarterly
USDQ3, 2013Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(133.7 m)17.5 m

Depreciation and Amortization

56.6 m2.6 m

Inventories

3.1 m2.7 m2.4 m2.5 m2.1 m1.8 m1.4 m

Accounts Payable

28.7 m17.6 m28.3 m18.6 m13.8 m16 m13.3 m
USDY, 2018

Financial Leverage

1.5 x
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Career Education Online and Social Media Presence

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Career Education News and Updates

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