Grand Canyon Education Cash Flow Statement
LOPE / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Grand Canyon Education generated $273M in operating cash flow and $239M in free cash flow in FY2025. Free cash flow margin was 21.6% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 5.73 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 27.9%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $216.2M | $226.2M | $205.0M | $184.7M | $260.3M | $257.2M | $259.2M | $229.0M | $203.3M | $148.5M | $131.4M | $111.5M | $88.7M | $69.4M | $50.5M |
| Depreciation & Amortization | $31.2M | $27.8M | $23.1M | $22.1M | $21.4M | $20.8M | $18.4M | $35.5M | $53.6M | $44.8M | $35.7M | $29.5M | $25.4M | $21.9M | $17.0M |
| Operating Cash Flow | $273.5M | $290.0M | $243.7M | $220.8M | $313.1M | $308.8M | $306.3M | $199.1M | $304.9M | $237.8M | $185.1M | $167.0M | $118.4M | $144.2M | $88.0M |
| Capital Expenditures | $34.8M | $37.2M | $44.5M | $35.2M | $28.9M | $29.4M | $22.4M | $94.5M | $113.6M | $178.3M | $204.7M | $168.6M | $78.9M | $97.7M | $80.5M |
| Free Cash Flow | $238.6M | $252.7M | $199.1M | $185.6M | $284.2M | $279.4M | $284.0M | $104.6M | $191.3M | $59.5M | -$19.6M | -$1.6M | $39.5M | $46.5M | $7.4M |
| Share Buybacks | $264.8M | $173.2M | $137.1M | $604.2M | $803.8M | $134.0M | $43.9M | $24.8M | $11.3M | $20.1M | $15.6M | $5.3M | $9.3M | $15.2M | $23.1M |
| FCF Margin | 21.6% | 24.5% | 20.7% | 20.4% | 31.7% | 33.1% | 36.5% | 12.4% | 19.6% | 6.8% | -2.5% | -0.2% | 6.6% | 39.7% | 1.7% |