OverviewSuggest Edit

Grand Canyon Education is a company providing support services in the post-secondary education sector. It designs and develops educational programs for traditional campus and online partner institutions at the undergraduate, graduate, and doctoral levels. The company also supports the complete student life cycle including strategic enrollment management, academic counseling, financial services, learning management system support, technical support, student information system support, compliance, marketing, human resources, classroom operations, curriculum development, faculty recruitment and training, etc.

TypePublic
Founded1983
HQPhoenix, AZ, US
Websitegce.com
Employee Ratings3.8
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)4,625(+37%)
Revenue (FY, 2020)$844.1 M(+9%)
Share Price (Sept 2021)$88
Cybersecurity ratingBMore

Key People/Management at Grand Canyon Education

Joe Veres

Joe Veres

Vice President of Student Success
Aaron Klusman

Aaron Klusman

Founder
Agile Certified

Agile Certified

Certified Associate in Project Management (CAPM)®
Will Gonzalez

Will Gonzalez

Chairman
Jerry Colangelo

Jerry Colangelo

Board Chairman
Brian E. Mueller

Brian E. Mueller

Chief Executive Officer, President and Director
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Grand Canyon Education Office Locations

Grand Canyon Education has offices in Phoenix and Albuquerque
Phoenix, AZ, US (HQ)
3300 W Camelback Rd
Albuquerque, NM, US
6700 Jefferson St NE #2
Show all (2)

Grand Canyon Education Financials and Metrics

Grand Canyon Education Revenue

Grand Canyon Education's revenue was reported to be $844.1 m in FY, 2020 which is a 8.4% increase from the previous period.
USD

Revenue (Q1, 2021)

236.9m

Net income (Q1, 2021)

78.1m

EBIT (Q1, 2021)

84.2m

Market capitalization (15-Sept-2021)

4.1b

Closing stock price (15-Sept-2021)

88.0

Cash (31-Mar-2021)

225.8m

EV

4.0b
Grand Canyon Education's current market capitalization is $4.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

845.5m778.6m844.1m

Revenue growth, %

(8%)8%

Sales and marketing expense

117.4m142.9m164.3m

General and administrative expense

30.0m44.3m43.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

275.7m236.8m155.5m197.3m174.8m193.3m221.7m185.8m198.4m236.9m

Sales and marketing expense

2.7m2.3m31.5m35.5m35.7m37.3m42.7m41.1m42.2m47.7m

General and administrative expense

11.3m12.0m10.1m11.5m9.2m13.6m9.6m9.5m14.0m9.6m

Operating expense total

185.6m178.3m126.0m124.9m123.8m133.6m140.9m137.5m147.3m57.3m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

120.3m122.3m245.8m

Accounts Receivable

46.8m48.9m62.2m

Current Assets

309.5m208.3m333.7m

PP&E

111.0m119.7m128.7m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

229.0m259.2m257.2m

Depreciation and Amortization

35.7m26.9m29.7m

Accounts Payable

(14.3m)(3.1m)1.0m

Cash From Operating Activities

199.1m306.3m308.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

73.7m119.7m153.5m73.2m124.4m182.5m71.4m118.4m170.4m78.1m

Depreciation and Amortization

13.9m28.0m31.8m6.1m12.9m19.9m7.1m14.5m22.2m2.1m

Accounts Payable

563.0k(1.4m)(11.9m)(4.9m)(102.0k)1.5m4.0m2.8m(50.0k)971.0k

Cash From Operating Activities

119.0m143.7m96.5m76.3m189.3m195.1m85.7m221.1m180.1m89.8m
USDQ1, 2018

Debt/Equity

0.1 x

Financial Leverage

1.3 x
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Grand Canyon Education Operating Metrics

Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Partner Enrollments

106.86 k117.77 k116 k

Student Enrollments

91.38 k81.62 k98.72 k97.37 k101.68 k90.91 k108.82 k103.59 k94.61 k112.78 k111.62 k

Students

103.1 k111.6 k

University Partners

2224242525
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Grand Canyon Education Acquisitions / Subsidiaries

Company NameDateDeal Size
Orbis EducationJanuary 22, 2019$361.18 m
Amigos de Torrejon, LLC
Casa de Amistad, LLC
El Vecino de Amigos, LLC
GC Education, Inc.
La Fuente de la Comunidad, LLC
La Sonrisa de Siena, LLC
Mid-State Rental Properties, LLC
Nueva Ventura, LLC
Nuevo Comienzo, LLC
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Grand Canyon Education Revenue Breakdown

Embed Graph

Grand Canyon Education revenue breakdown by business segment: 100.0% from Service revenue

Grand Canyon Education Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Grand Canyon Education Online and Social Media Presence

Embed Graph

Grand Canyon Education Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    B

    73/100

  • Compensation

    C+

    67/100

Learn more on Comparably

Grand Canyon Education News and Updates

Should You Buy Grand Canyon Education Stock After 14% Decline Last Week?

Education services provider Grand Canyon Education’s stock has declined by -14% over the week (five trading days) compared to the S&P 500 which gained about 1%. The sell-off comes following the company’s Q1 2021 results, which were largely in line with consensus, although guidance for the next..…

Kaskela Law LLC Announces Investigation of Grand Canyon Education, Inc. (LOPE) and Encourages Long-Term LOPE Stockholders to Contact the Firm

PHILADELPHIA, March 24, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Grand Canyon Education, Inc. (“Grand Canyon” or the “Company”) (NASDAQ: LOPE) on behalf of the Company’s stockholders. The investigation seeks to determine whether the members of Grand Canyon’s boar…

Grand Canyon Education, Inc. Reports Third Quarter 2020 Results

PHOENIX, Nov. 5, 2020 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), ("GCE" or the "Company"), is a publicly traded education services company that currently provides services to 25 university partners. GCE provides a full array of support services in the post-secondary...

GRAND CANYON EDUCATION 24 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Grand Canyon Education, Inc. - LOPE

NEW ORLEANS, July 12, 2020 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until July 13, 2020 to file lead plaintiff applications in a securities class action lawsuit...

Pomerantz Law Firm Announces the Filing of a Class Action against Grand Canyon Education Corporation and Certain Officers - LOPE

NEW YORK, July 3, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Grand Canyon Education Corporation ("Grand Canyon" or the "Company")(NASDAQ: LOPE) and certain of its officers. The class action, filed in United States District Court for the...

Grand Canyon Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Grand Canyon Education, Inc. To Contact The Firm

NEW YORK, NY - (NewMediaWire) - June 26, 2020 - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Grand Canyon Education, Inc. (“Grand Canyon” or the “Company”) (NASDAQ:LOPE) of the July 13, 2020 deadline to seek the role of lead plaintiff in a federal secur…
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Grand Canyon Education Blogs

Week of events geared to students’ financial success

Personal Financial Success Week, which began Monday and will continue through Thursday, provides students with information they desperately need, considering the number of Americans living in debt. “Every year we improve our outreach and connection to GCU students on topics of financial literacy and…

GCU fetes finalists for top STEM teaching award

STEM educators who are movers and shakers when it comes to teaching math and science were on campus Saturday to celebrate the Presidential Awards for Excellence in Mathematics and Science Teaching. The awards are the highest honor in the nation the government gives to educators in those disciplines,…

Slideshow: Makeup Commencement, Sept. 27

Photos by Ralph Freso GCU News Bureau The second of seven makeup Commencement ceremonies Monday at Grand Canyon University proved thrilling for another set of graduates who waited a long time to walk the stage.    The post Slideshow: Makeup Commencement, Sept. 27 appeared first on GCU Today.

Grads go far to applaud in-person Commencement

The second of seven makeup Commencement ceremonies Monday proved once again that graduates will travel long distances to celebrate earning their degree. “I just felt that desire to walk across the stage,” said Anthony Jackson Jr., who came all the way from New Orleans. “I wanted to feel that same in…

Slideshow: Chapel, Sept. 27

Photos by Ralph Freso GCU News Bureau Dr. Tim Griffin, Vice President of Student Affairs, Dean of Students and University Pastor, was the speaker at the third Chapel of the fall semester.   The post Slideshow: Chapel, Sept. 27 appeared first on GCU Today.

Jesus fishes for us, and it’s not catch-and-release

Dr. Tim Griffin had a good message for students at Chapel on Monday, in particular those new to college life. The Vice President of Student Affairs, Dean of Students and University Pastor told them they're going to make some bad decisions, as all of us do, but Jesus will never stop pursuing them. Th…
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Grand Canyon Education Frequently Asked Questions

  • When was Grand Canyon Education founded?

    Grand Canyon Education was founded in 1983.

  • Who are Grand Canyon Education key executives?

    Grand Canyon Education's key executives are Joe Veres, Aaron Klusman and Agile Certified.

  • How many employees does Grand Canyon Education have?

    Grand Canyon Education has 4,625 employees.

  • What is Grand Canyon Education revenue?

    Latest Grand Canyon Education annual revenue is $844.1 m.

  • What is Grand Canyon Education revenue per employee?

    Latest Grand Canyon Education revenue per employee is $182.5 k.

  • Who are Grand Canyon Education competitors?

    Competitors of Grand Canyon Education include Tacto, Tulane University and Keystone Certifications.

  • Where is Grand Canyon Education headquarters?

    Grand Canyon Education headquarters is located at 3300 W Camelback Rd, Phoenix.

  • Where are Grand Canyon Education offices?

    Grand Canyon Education has offices in Phoenix and Albuquerque.

  • How many offices does Grand Canyon Education have?

    Grand Canyon Education has 2 offices.