Grand Canyon Education provides postsecondary education services in the United States and Canada. It offers graduate and undergraduate degree programs and certificates across colleges online and on ground through campus in Phoenix, Arizona.


TypePublic
HQPhoenix, US
Founded1949
Size (employees)4,000 (est)+4%
Websitegcu.edu
Grand Canyon Education was founded in 1949 and is headquartered in Phoenix, US
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Key People/Management at Grand Canyon Education

Antoinette Farmer-Thompson

Antoinette Farmer-Thompson

Vice President of Institutional Effectiveness
Mike Vaught

Mike Vaught

Vice President of Athletics
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Grand Canyon Education Office Locations

Grand Canyon Education has offices in Phoenix, Scottsdale, Sun City and Albuquerque
Phoenix, US (HQ)
3300 W Camelback Rd
Albuquerque, US
2 6700 Jefferson St NE
Phoenix, US
5115 N 27th Ave
Scottsdale, US
205 9201 E Mountain View Rd
Sun City, US
102 10484 W Thunderbird Blvd
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Grand Canyon Education Financials and Metrics

Grand Canyon Education Revenue

Grand Canyon Education's revenue was reported to be $974.13 m in FY, 2017
USD

Revenue (Q3, 2018)

155.5m

Net income (Q3, 2018)

33.8m

EBIT (Q3, 2018)

29.4m

Market capitalization (22-Jan-2019)

4.5b

Closing stock price (22-Jan-2019)

94.0

Cash (30-Sep-2018)

44.9m
Grand Canyon Education's current market capitalization is $4.5 b.
Annual
usdFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

385.6m598.3m691.1m778.2m873.3m974.1m

Revenue growth, %

15%13%12%

Sales and marketing expense

76.2m88.2m98.6m

General and administrative expense

36.9m42.1m43.2m43.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

152.4m167.4m158.6m175.1m194.1m174.7m193.4m227.0m191.3m210.4m248.2m218.3m236.2m275.7m236.8m155.5m

Sales and marketing expense

15.5m16.7m15.8m16.5m20.0m18.4m19.4m21.1m22.1m23.9m24.6m24.8m25.5m25.7m27.6m

General and administrative expense

9.0m8.6m9.0m11.6m9.4m9.5m12.5m10.7m8.8m13.4m9.9m10.1m12.9m11.3m12.0m10.1m

Operating expense total

115.1m124.0m120.7m129.1m138.1m132.5m144.4m158.3m146.5m163.4m171.6m163.2m176.5m185.6m178.3m126.0m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013Y, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017

Cash

62.6m33.6m21.2m105.1m55.8m55.8m65.2m23.0m23.0m46.0m153.5m

Accounts Receivable

7.2m7.2m7.6m8.3m8.3m10.0m10.9m

Inventories

Current Assets

263.7m263.7m267.0m221.3m221.3m230.1m374.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

106.8m39.1m20.2m56.5m86.2m50.7m78.2m48.8m44.6m75.1m88.5m66.3m180.1m242.8m221.6m44.9m

Accounts Receivable

7.4m8.5m8.3m6.7m8.2m9.5m7.5m9.1m10.4m9.0m10.9m12.2m9.5m65.1m

Current Assets

252.5m277.9m261.1m275.2m278.1m231.1m263.2m226.1m200.2m232.1m277.9m272.8m386.8m435.4m1.3b255.2m

PP&E

328.4m365.5m416.2m469.3m527.7m588.3m639.6m725.1m794.0m832.7m870.3m888.2m897.5m950.2m112.2m110.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

88.7m111.5m131.4m148.5m203.3m

Depreciation and Amortization

25.4m29.5m35.7m45.7m54.2m

Inventories

Accounts Payable

8.6m(2.4m)5.0m(4.8m)5.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

62.6m26.3m49.4m78.4m34.2m60.0m93.3m43.7m71.3m100.5m55.9m95.8m135.1m73.7m119.7m153.5m

Depreciation and Amortization

18.6m6.9m14.0m21.4m8.2m16.4m25.4m10.5m21.2m32.7m13.3m26.9m40.5m13.9m28.0m31.8m

Accounts Payable

1.9m(1.7m)(1.2m)(3.0m)(165.0k)(1.1m)1.4m(7.0m)(2.4m)(3.8m)1.0m(1.7m)4.0m563.0k(1.4m)(11.9m)

Cash From Operating Activities

101.8m53.7m89.4m156.7m68.2m81.7m169.0m96.3m114.0m214.5m109.7m133.7m269.9m119.0m143.7m96.5m
USDY, 2018

Financial Leverage

1.1 x
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Grand Canyon Education Operating Metrics

FY, 2014FY, 2015FY, 2016

Online Courses People Enrolled

55.06 k59.31 k64.65 k

Students

67.80 k74.50 k81.90 k
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Grand Canyon Education Online and Social Media Presence

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Grand Canyon Education News and Updates

Education Market Rising Demand, Growth Opportunity, Challenges, Drivers & Future Scope with Manufacturers KAPLAN, Grand Canyon Education, K12

HTF Market Intelligence released a new research report of 108 pages on title 'Global Education Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. Posted via Industry Today. Follow us on Twitter @Industry…

Orbis Education to be Acquired by Grand Canyon Education, Inc.

CARMEL, Ind., Dec. 18, 2018 /PRNewswire/ -- Orbis Education announced today that it has entered into a definitive business combination agreement with Grand Canyon Education, Inc. (GCE). Under the terms of the transaction, GCE will acquire all of the outstanding stock of Orbis Education,...

Grand Canyon Education, Inc. Announces Third Quarter 2018 Earnings Release Date and Conference Call Details

Phoenix, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Grand Canyon Education, Inc. (Nasdaq:LOPE) announced today that it will report its 2018 third quarter results after market close on Thursday, November 8, 2018. The University will host a conference call to discuss the results in more detail at 2:30 P.M. (…

Grand Canyon Education Hires Vince Grell To Lead Partnership Efforts

PHOENIX, Sept. 26, 2018 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE) has hired Vince Grell as Executive Vice President of University Partnerships to oversee its expansion initiatives as the newest and largest (by virtue of student enrollment) company in the online program...
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Grand Canyon Education Blogs

Faculty Directory

Nick.Blass Wed, 01/16/2019 - 7:09am GCU Faculty Directory Learn More About Faculty at GCU …

ACE Centers

Ben.Tolmachoff Mon, 12/17/2018 - 2:47pm Academic and Career Excellence (ACE) Centers At Grand Canyon Universit…

Website Search

Nick.Blass Tue, 12/04/2018 - 8:39am Search Results Try another search. Maybe Thunder will find it! " data-noresultimg="https://res.cloudinary.com/grand-canyon-university/image/fetch/w_600,f_auto,q_auto/https%3A%2F%2Fwww.gcu.edu%2Fsites%2Fdefault%2Ffiles%2Fmedia%2Fimages%2Fsearch%2FThunder.jpg…

Other Fees | Parking & Special Programs

Chelsea.Wolff Fri, 10/05/2018 - 3:17pm Other GCU Fees University Fees for Canyon Connect, Parking, Special Programs and More …

On-Campus Tuition

Karlee.Adams Fri, 10/05/2018 - 2:24pm On-Campus Tuition GCU Campus Student Tuition Rates …

Housing and Meal Costs

Karlee.Adams Fri, 10/05/2018 - 2:24pm Housing and Meal Costs 2017-18 …
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Grand Canyon Education Company Life and Culture

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Grand Canyon Education Frequently Asked Questions

  • When was Grand Canyon Education founded?

    Grand Canyon Education was founded in 1949.

  • Who are Grand Canyon Education key executives?

    Grand Canyon Education's key executives are Antoinette Farmer-Thompson and Mike Vaught.

  • How many employees does Grand Canyon Education have?

    Grand Canyon Education has 4,000 employees.

  • What is Grand Canyon Education revenue?

    Latest Grand Canyon Education annual revenue is $974.1 m.

  • What is Grand Canyon Education revenue per employee?

    Latest Grand Canyon Education revenue per employee is $243.5 k.

  • Who are Grand Canyon Education competitors?

    Competitors of Grand Canyon Education include Yellowbrick, Keypath Education and Apollo Education Group.

  • 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, Scottsdale, Sun City and Albuquerque.

  • How many offices does Grand Canyon Education have?

    Grand Canyon Education has 5 offices.