OverviewSuggest Edit

Perdoceo Education, also known as 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 Perdoceo 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.

TypePublic
Founded1994
HQSchaumburg, IL, US
Websiteperdoceoed.com
Employee Ratings2.9
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)2,250
Job Openings90
Revenue (FY, 2020)$687.3 M(+10%)
Share Price (Sept 2021)$10.5(-2%)
Cybersecurity ratingAMore

Key People/Management at Perdoceo 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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Perdoceo Education Office Locations

Perdoceo Education has an office in Schaumburg
Schaumburg, IL, US (HQ)
231 N Martingale Rd
Show all (1)

Perdoceo Education Financials and Metrics

Perdoceo Education Revenue

Perdoceo Education's revenue was reported to be $687.31 m in FY, 2020
USD

Revenue (FY, 2020)

687.3m

Net income (FY, 2020)

124.3m

EBIT (FY, 2020)

142.9m

Market capitalization (14-Sept-2021)

741.0m

Closing stock price (14-Sept-2021)

10.5

Cash (31-Dec-2020)

105.7m

EV

688.5m
Perdoceo Education's current market capitalization is $741 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.1b1.9b1.5b847.3m847.3m704.4m596.4m581.3m627.7m687.3m

Revenue growth, %

14%(17%)(15%)

Sales and marketing expense

287.2m310.9m

General and administrative expense

1.1b936.7m894.2m564.2m564.2m477.7m405.0m390.7m430.2m417.2m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

289.5m280.6m240.6m66.9m49.5m18.1m32.4m108.7m105.7m

Accounts Receivable

62.3m60.6m68.9m31.6m22.8m18.9m28.8m55.0m2.9m

Prepaid Expenses

46.0m62.4m44.4m14.4m14.4m7.7m7.8m7.3m8.2m

Inventories

13.1m11.4m8.6m3.4m1.9m1.1m763.0k576.0k596.0k
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

215.9m150.3m283.5m239.3m228.8m289.1m229.4m209.3m242.8m223.8m165.9m264.2m138.6m126.9m47.5m49.7m55.7m13.3m38.9m16.3m24.2m33.2m32.0m38.8m51.1m47.4m37.9m91.5m58.1m

Accounts Receivable

58.1m74.8m64.4m64.1m58.0m57.5m62.0m55.6m65.0m50.4m53.5m31.6m31.3m32.5m27.7m27.5m25.5m23.5m21.4m21.1m23.9m25.0m34.0m29.8m27.9m29.9m1.6m1.5m2.7m

Prepaid Expenses

47.3m43.9m43.6m34.8m36.6m36.1m69.2m73.2m75.2m57.7m96.4m20.3m25.3m20.3m14.2m16.2m12.7m12.0m13.3m8.8m10.2m11.0m8.5m8.4m9.0m7.6m10.4m9.8m7.8m

Inventories

11.3m12.5m11.1m11.5m11.1m10.7m9.8m10.0m9.2m7.5m7.7m6.3m6.0m5.2m2.5m2.1m1.8m1.4m877.0k991.0k1.0m914.0k894.0k727.0k660.0k665.0k553.0k570.0k616.0k
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

157.8m18.6m(142.8m)51.9m(18.7m)(31.9m)55.2m70.0m124.3m

Depreciation and Amortization

71.6m85.4m81.8m24.9m22.7m14.0m9.4m9.1m14.8m

Inventories

6.2m2.8m8.7m

Accounts Payable

4.4m(3.8m)(12.0m)2.5m(16.3m)(1.6m)698.0k2.3m374.0k
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

55.2m119.5m145.7m73.0m128.4m139.0m52.1m(48.2m)(81.3m)(15.2m)(46.6m)(58.1m)(104.7m)(152.7m)3.0m14.9m14.2m5.2m17.5m26.3m41.1m24.8m24.2m42.5m29.1m57.3m97.2m30.8m

Depreciation and Amortization

16.8m34.0m51.8m20.4m40.9m63.3m20.1m40.1m60.6m19.3m38.2m15.4m29.8m43.0m6.6m11.8m17.0m3.9m2.6m4.7m7.0m2.2m4.5m6.8m2.6m6.8m10.8m4.0m

Cash From Operating Activities

53.5m47.9m217.5m59.7m114.8m209.4m17.4m16.6m32.5m(14.2m)(67.0m)(35.4m)(81.3m)(101.1m)(10.6m)6.0m15.7m(39.1m)11.1m14.8m18.3m12.9m53.4m85.4m48.8m109.4m137.8m44.7m

Purchases of PP&E

(19.8m)(43.2m)(81.9m)(23.8m)(47.9m)(67.4m)(12.3m)(20.0m)(29.5m)(4.1m)(10.0m)(3.5m)(7.0m)(10.6m)(876.0k)(2.0m)(3.4m)(735.0k)(1.4m)(2.7m)
USDQ1, 2010

Financial Leverage

1.7 x
Show all financial metrics

Perdoceo Education Operating Metrics

FY, 2015FY, 2016FY, 2017

Total Enrollment

43.2 k36.6 k34.8 k
Show all operating metrics

Perdoceo Education Revenue Breakdown

Embed Graph

Perdoceo Education revenue breakdown by business segment: 99.6% from Tuition and fees and 0.4% from Other

Perdoceo Education Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Perdoceo Education Online and Social Media Presence

Embed Graph

Perdoceo Education Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    D

    59/100

  • Compensation

    D+

    55/100

  • Diversity

    B-

    70/100

Learn more on Comparably

Perdoceo Education News and Updates

Career Education shares soar 21% after earnings beat

Career Education Corp. shares soared more than 21% Thursday, putting them on track for their best one-day percentage increase since March 2, 2016, after the company beat earnings estimates in its latest quarter and offered upbeat guidance. The for-profit education company said it had net income of …

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Perdoceo Education Frequently Asked Questions

  • When was Perdoceo Education founded?

    Perdoceo Education was founded in 1994.

  • Who are Perdoceo Education key executives?

    Perdoceo Education's key executives are Todd Nelson, Jeffrey D. Ayers and Andrew J. Cederoth.

  • How many employees does Perdoceo Education have?

    Perdoceo Education has 2,250 employees.

  • What is Perdoceo Education revenue?

    Latest Perdoceo Education annual revenue is $687.3 m.

  • What is Perdoceo Education revenue per employee?

    Latest Perdoceo Education revenue per employee is $305.5 k.

  • Who are Perdoceo Education competitors?

    Competitors of Perdoceo Education include Guild Education, Liu Cheng and Boardingware.

  • Where is Perdoceo Education headquarters?

    Perdoceo Education headquarters is located at 231 N Martingale Rd, Schaumburg.

  • Where are Perdoceo Education offices?

    Perdoceo Education has an office in Schaumburg.

  • How many offices does Perdoceo Education have?

    Perdoceo Education has 1 office.