Career Education

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.

Company Growth (employees)
Type
Public
HQ
Schaumburg, US
Founded
1994
Size (employees)
5,149 (est)
Career Education was founded in 1994 and is headquartered in Schaumburg, US

Key People 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
Julia A Leeman

Julia A Leeman

Senior Vice President, Transition Schools Group

Career Education Office Locations

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

Career Education Data and Metrics

Career Education Financial Metrics

Career Education's revenue was reported to be $704.4 m in FY, 2016
USD

Revenue (FY, 2016)

704.4 m

Revenue growth (FY, 2015 - FY, 2016), %

(17%)

Net income (FY, 2016)

(18.7 m)

Market capitalization (17-Aug-2017)

612.4 m
Career Education's current market capitalization is $612.4 m.
USDFY, 2013FY, 2014Y, 2015FY, 2016

Revenue

1.1 b741.4 m847.3 m704.4 m

Revenue growth, %

(30%)14%(17%)

Operating expense total

1.3 b814.1 m939.4 m

EBIT

(214.7 m)(72.7 m)(92.2 m)

EBIT margin, %

(20%)(10%)(11%)

Interest expense

1.4 m491 k835 k

Interest income

1.4 m851 k794 k

Income tax expense

(19.7 m)3.7 m(147.5 m)

Net Income

(164.3 m)(178.2 m)51.9 m(18.7 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Inventories

6.7 m3.3 m3.4 m1.9 m

Current Assets

460 m380.8 m289 m248.2 m

PP&E

182.4 m73.1 m58.2 m40.5 m

Goodwill

87.4 m87.4 m87.4 m87.4 m

Total Assets

805 m573.5 m610.9 m559.6 m

Accounts Payable

24.7 m22 m25.9 m10.1 m

Total Debt

38 m

Current Liabilities

207.4 m201.2 m192.8 m169.2 m

Non-Current Liabilities

142.2 m90.4 m80.5 m68.9 m

Total Liabilities

349.7 m291.6 m273.3 m238.1 m

Additional Paid-in Capital

600.9 m606.5 m610.8 m613.3 m

Retained Earnings

68.7 m(57.5 m)(76.2 m)

Total Equity

455.4 m281.9 m337.6 m321.5 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.8 x2 x1.8 x1.7 x
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Inventories

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

Current Assets

347.5 m315.9 m278.4 m233.5 m249.7 m259.8 m205.8 m

PP&E

65.1 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 m

Total Assets

529.6 m490.4 m448.9 m550.2 m552.8 m551.5 m509.7 m

Accounts Payable

28.7 m17.6 m28.3 m18.6 m13.8 m16 m13.3 m

Current Liabilities

193.4 m177 m187.1 m135 m129.4 m130.8 m123.2 m

Non-Current Liabilities

78.3 m74.9 m67.4 m73.8 m69.3 m65.7 m59.5 m

Additional Paid-in Capital

607.6 m608.9 m610.1 m611.5 m612.4 m613.6 m614.6 m

Retained Earnings

(134.3 m)(155 m)(200.2 m)(54.5 m)(42.7 m)(43.4 m)(71.1 m)

Total Equity

257.9 m238.5 m194.4 m341.4 m354.2 m355 m327.1 m

Financial Leverage

2.1 x2.1 x2.3 x1.6 x1.6 x1.6 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

73.2 m55.5 m24.9 m22.7 m

Accounts Payable

(8.5 m)(830 k)2.5 m(16.3 m)

Cash From Operating Activities

(85.8 m)(118.6 m)(21.7 m)5.9 m

Purchases of PP&E

(19.6 m)(13.2 m)(11.7 m)(4.1 m)

Cash From Investing Activities

166.9 m(107.6 m)(8 m)(34.4 m)

Cash From Financing Activities

6.1 m980 k2.5 m11.2 m

Interest Paid

517 k54 k33 k153 k

Income Taxes Paid

5.1 m17.5 m580 k334 k
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

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

Income Taxes Paid

1.6 m1.5 m1.7 m5.1 m1.6 m1.7 m2.3 m
Y, 2017

Financial Leverage

1.6 x

Career Education Market Value History

Traffic Overview of Career Education

Career Education Online and Social Media Presence

Career Education News and Updates

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Career Education Company Life and Culture

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