Perdoceo Historical Income Statement

PRDO Stock  USD 22.85  0.77  3.26%   
Historical analysis of Perdoceo Education income statement accounts such as Gross Profit of 764.3 M, Other Operating Expenses of 1 B, Operating Income of 158 M or Ebit of 252 M can show how well Perdoceo Education Corp performed in making a profits. Evaluating Perdoceo Education income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Perdoceo Education's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Perdoceo Education Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Perdoceo Education Corp is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Perdoceo Income Statement Analysis

Perdoceo Education Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Perdoceo Education shareholders. The income statement also shows Perdoceo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Perdoceo Education Income Statement Chart

Perdoceo Education Corp Income Statement is one of the three primary financial statements used for reporting Perdoceo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Perdoceo Education Corp revenue and expense. Perdoceo Education Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Perdoceo Education's EBITDA is very stable compared to the past year. As of the 30th of May 2024, Cost Of Revenue is likely to grow to about 256.7 M, while Depreciation And Amortization is likely to drop about 16 M.

Total Revenue

Total revenue comprises all receipts Perdoceo Education Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Perdoceo Education Corp minus its cost of goods sold. It is profit before Perdoceo Education operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Perdoceo Education Corp. It is also known as Perdoceo Education overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Perdoceo Education's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Perdoceo Education Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Perdoceo Education's EBITDA is very stable compared to the past year. As of the 30th of May 2024, Cost Of Revenue is likely to grow to about 256.7 M, while Depreciation And Amortization is likely to drop about 16 M.
 2021 2022 2023 2024 (projected)
Gross Profit584.3M578.5M579.7M764.3M
Total Revenue693.0M695.2M710.0M1.1B

Perdoceo Education income statement Correlations

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0.270.170.280.250.37-0.33-0.27-0.220.30.4-0.32-0.15-0.2-0.240.3-0.44-0.08-0.610.02-0.13-0.110.06-0.120.08
0.820.170.850.820.85-0.43-0.130.050.850.87-0.44-0.79-0.37-0.280.05-0.570.46-0.110.47-0.48-0.40.24-0.37-0.09
0.810.280.850.970.97-0.270.150.340.930.96-0.24-0.89-0.2-0.080.25-0.460.55-0.020.43-0.35-0.020.160.010.07
0.720.250.820.970.89-0.080.320.50.830.91-0.05-0.81-0.030.050.28-0.330.510.120.26-0.170.070.160.090.11
0.880.370.850.970.89-0.5-0.10.10.980.99-0.47-0.87-0.41-0.240.2-0.630.48-0.210.54-0.5-0.150.15-0.110.0
-0.65-0.33-0.43-0.27-0.08-0.50.890.78-0.58-0.471.00.430.890.640.070.85-0.110.74-0.710.80.60.00.560.25
-0.32-0.27-0.130.150.32-0.10.890.98-0.17-0.090.9-0.020.830.590.190.720.20.77-0.460.60.670.030.650.3
-0.1-0.220.050.340.50.10.780.980.030.10.8-0.20.710.580.210.580.340.7-0.320.480.610.080.60.32
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0.870.40.870.960.910.99-0.47-0.090.10.95-0.44-0.83-0.39-0.220.2-0.640.41-0.20.46-0.43-0.140.16-0.110.0
-0.64-0.32-0.44-0.24-0.05-0.471.00.90.8-0.55-0.440.410.890.630.070.85-0.120.77-0.710.80.670.010.630.27
-0.82-0.15-0.79-0.89-0.81-0.870.43-0.02-0.2-0.93-0.830.410.330.19-0.260.46-0.750.15-0.70.590.23-0.040.190.02
-0.66-0.2-0.37-0.2-0.03-0.410.890.830.71-0.48-0.390.890.330.280.330.89-0.150.71-0.630.690.630.150.60.24
-0.18-0.24-0.28-0.080.05-0.240.640.590.58-0.28-0.220.630.190.280.040.260.150.36-0.40.60.34-0.310.30.16
0.030.30.050.250.280.20.070.190.210.190.20.07-0.260.330.040.040.2-0.050.050.160.1-0.030.090.02
-0.76-0.44-0.57-0.46-0.33-0.630.850.720.58-0.65-0.640.850.460.890.260.04-0.10.66-0.480.530.540.180.520.23
0.56-0.080.460.550.510.48-0.110.20.340.580.41-0.12-0.75-0.150.150.2-0.1-0.10.67-0.52-0.280.12-0.24-0.04
-0.43-0.61-0.11-0.020.12-0.210.740.770.7-0.28-0.20.770.150.710.36-0.050.66-0.1-0.550.610.630.030.610.01
0.710.020.470.430.260.54-0.71-0.46-0.320.670.46-0.71-0.7-0.63-0.40.05-0.480.67-0.55-0.92-0.560.18-0.5-0.11
-0.69-0.13-0.48-0.35-0.17-0.50.80.60.48-0.62-0.430.80.590.690.60.160.53-0.520.61-0.920.58-0.310.520.16
-0.38-0.11-0.4-0.020.07-0.150.60.670.61-0.25-0.140.670.230.630.340.10.54-0.280.63-0.560.580.121.00.29
0.190.060.240.160.160.150.00.030.080.130.160.01-0.040.15-0.31-0.030.180.120.030.18-0.310.120.140.04
-0.33-0.12-0.370.010.09-0.110.560.650.6-0.21-0.110.630.190.60.30.090.52-0.240.61-0.50.521.00.140.29
0.030.08-0.090.070.110.00.250.30.32-0.020.00.270.020.240.160.020.23-0.040.01-0.110.160.290.040.29
Click cells to compare fundamentals

Perdoceo Education Account Relationship Matchups

Perdoceo Education income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization15.9M19.5M17.8M27.8M16.9M16.0M
Selling General Administrative430.2M417.2M418.5M426.1M262.3M249.2M
Total Revenue627.7M687.3M693.0M695.2M710.0M1.1B
Gross Profit525.8M575.5M584.3M578.5M579.7M764.3M
Other Operating Expenses541.2M543.8M544.0M562.6M512.1M1.0B
Operating Income86.5M142.9M149.0M129.6M150.4M158.0M
Ebit86.5M142.9M149.0M129.6M240.0M252.0M
Ebitda102.3M162.4M166.8M157.4M256.9M269.7M
Cost Of Revenue101.9M111.8M108.7M116.7M130.3M256.7M
Total Operating Expenses439.3M432M435.3M445.9M381.8M652.6M
Income Before Tax93.0M146.8M149.1M134.3M192.1M201.7M
Total Other Income Expense Net6.6M3.9M68K4.6M(25.4M)(26.6M)
Net Income70.0M124.3M109.6M95.9M147.7M155.0M
Income Tax Expense22.4M22.5M39.4M38.4M44.5M25.1M
Discontinued Operations(610K)(612K)(90K)(17K)(19.6K)(20.5K)
Net Income From Continuing Ops70.6M124.4M109.7M95.9M147.7M155.0M
Non Operating Income Net Other6.7M4.1M988K5.0M5.8M6.1M
Net Income Applicable To Common Shares70.0M124.3M109.6M95.9M110.2M115.8M
Selling And Marketing Expenses130.9M143.3M137.2M126.8M102.6M138.3M
Tax Provision22.4M22.5M39.4M38.4M44.5M46.7M
Interest Income6.4M3.9M930K6.9M20.0M21.0M
Net Interest Income6.2M3.7M10K6.5M19.6M20.6M
Reconciled Depreciation9.1M14.8M16.8M19.7M16.9M15.8M

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When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perdoceo Education Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Perdoceo Education Corp information on this page should be used as a complementary analysis to other Perdoceo Education's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Perdoceo Education's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perdoceo Education. If investors know Perdoceo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perdoceo Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.18
Dividend Share
0.44
Earnings Share
2.3
Revenue Per Share
10.336
Quarterly Revenue Growth
(0.14)
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.