Perdoceo Historical Income Statement

PRDO Stock  USD 26.12  0.58  2.17%   
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 202.2 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 closely tied 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

At this time, Perdoceo Education's Operating Income is very stable compared to the past year. As of the 24th of December 2024, EBIT is likely to grow to about 202.2 M, while EBITDA is likely to drop about 117.8 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.

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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Perdoceo Education's Operating Income is very stable compared to the past year. As of the 24th of December 2024, EBIT is likely to grow to about 202.2 M, while EBITDA is likely to drop about 117.8 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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0.310.210.280.250.37-0.33-0.29-0.270.30.4-0.32-0.13-0.2-0.240.3-0.44-0.08-0.610.02-0.13-0.110.06-0.120.08
0.80.210.940.910.93-0.320.050.230.890.93-0.3-0.73-0.24-0.250.07-0.460.420.020.4-0.39-0.130.28-0.1-0.02
0.850.280.940.970.97-0.270.150.330.930.97-0.24-0.76-0.2-0.080.25-0.460.55-0.020.43-0.35-0.020.160.010.07
0.750.250.910.970.89-0.080.320.50.830.91-0.05-0.68-0.030.050.28-0.330.510.120.26-0.170.070.160.090.11
0.930.370.930.970.89-0.49-0.10.090.980.99-0.46-0.78-0.4-0.230.2-0.630.48-0.210.54-0.49-0.130.15-0.090.01
-0.63-0.33-0.32-0.27-0.08-0.490.890.73-0.58-0.461.00.550.890.640.070.85-0.110.74-0.710.80.60.00.560.25
-0.27-0.290.050.150.32-0.10.890.94-0.17-0.080.90.160.820.610.20.710.240.76-0.450.60.580.020.550.28
-0.04-0.270.230.330.50.090.730.940.040.110.73-0.120.640.60.210.50.440.64-0.260.410.370.050.360.26
0.940.30.890.930.830.98-0.58-0.170.040.95-0.55-0.87-0.48-0.280.19-0.650.58-0.280.67-0.62-0.250.13-0.21-0.02
0.910.40.930.970.910.99-0.46-0.080.110.95-0.43-0.74-0.37-0.210.21-0.630.41-0.180.45-0.42-0.110.16-0.070.01
-0.6-0.32-0.3-0.24-0.05-0.461.00.90.73-0.55-0.430.570.890.630.070.85-0.120.77-0.710.80.670.010.630.27
-0.79-0.13-0.73-0.76-0.68-0.780.550.16-0.12-0.87-0.740.570.490.26-0.210.58-0.730.31-0.770.680.570.010.540.14
-0.63-0.2-0.24-0.2-0.03-0.40.890.820.64-0.48-0.370.890.490.280.330.89-0.150.71-0.630.690.630.150.60.24
-0.18-0.24-0.25-0.080.05-0.230.640.610.6-0.28-0.210.630.260.280.040.260.150.36-0.40.60.34-0.310.30.16
0.030.30.070.250.280.20.070.20.210.190.210.07-0.210.330.040.040.2-0.050.050.160.1-0.030.090.02
-0.73-0.44-0.46-0.46-0.33-0.630.850.710.5-0.65-0.630.850.580.890.260.04-0.10.66-0.480.530.540.180.520.23
0.55-0.080.420.550.510.48-0.110.240.440.580.41-0.12-0.73-0.150.150.2-0.1-0.10.67-0.52-0.280.12-0.24-0.04
-0.4-0.610.02-0.020.12-0.210.740.760.64-0.28-0.180.770.310.710.36-0.050.66-0.1-0.550.610.630.030.610.01
0.710.020.40.430.260.54-0.71-0.45-0.260.670.45-0.71-0.77-0.63-0.40.05-0.480.67-0.55-0.92-0.560.18-0.5-0.11
-0.67-0.13-0.39-0.35-0.17-0.490.80.60.41-0.62-0.420.80.680.690.60.160.53-0.520.61-0.920.58-0.310.520.16
-0.27-0.11-0.13-0.020.07-0.130.60.580.37-0.25-0.110.670.570.630.340.10.54-0.280.63-0.560.580.121.00.29
0.190.060.280.160.160.150.00.020.050.130.160.010.010.15-0.31-0.030.180.120.030.18-0.310.120.140.04
-0.22-0.12-0.10.010.09-0.090.560.550.36-0.21-0.070.630.540.60.30.090.52-0.240.61-0.50.521.00.140.29
0.010.08-0.020.070.110.010.250.280.26-0.020.010.270.140.240.160.020.23-0.040.01-0.110.160.290.040.29
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Perdoceo Education Account Relationship Matchups

Perdoceo Education income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization15.9M14.8M16.8M19.7M16.9M33.6M
Selling General Administrative430.2M417.2M418.5M426.1M295.5M585.2M
Total Revenue627.7M687.3M693.0M695.2M710.0M1.1B
Gross Profit525.8M575.5M584.3M578.5M579.7M764.3M
Other Operating Expenses541.2M543.8M544.0M562.6M559.6M1.0B
Operating Income86.5M142.9M149.0M129.6M150.4M158.0M
Ebit86.5M143.5M149.0M132.6M192.5M202.2M
Ebitda102.3M158.3M165.8M152.4M209.4M117.8M
Cost Of Revenue101.9M111.8M108.7M116.7M130.3M256.7M
Total Operating Expenses439.3M432M435.3M445.9M429.2M654.5M
Income Before Tax93.0M146.8M149.1M134.3M192.1M201.7M
Total Other Income Expense Net6.6M3.9M51K4.6M41.7M43.8M
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

Pair Trading with Perdoceo Education

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perdoceo Education position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perdoceo Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Perdoceo Stock

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The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perdoceo Education - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perdoceo Education can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Consumer Services space 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
(0.08)
Dividend Share
0.11
Earnings Share
1.99
Revenue Per Share
9.948
Quarterly Revenue Growth
(0.06)
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.