Perdoceo Historical Income Statement

PRDO Stock

USD 26.82 0.39 1.48%

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 83.4 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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 Cost Of Revenue is very stable compared to the past year. As of the 22nd of November 2024, Total Operating Expenses is likely to grow to about 654.9 M, while Selling General Administrative is likely to drop about 249.2 M.

Total Revenue Gross Profit Other Operating Expenses

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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

	2021	2022	2023	2024 (projected)
Gross Profit	584.3M	578.5M	579.7M	764.3M
Total Revenue	693.0M	695.2M	710.0M	1.1B

Gross Profit Total Revenue

Perdoceo Education income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.31	0.78	0.85	0.75	0.93	-0.63	-0.29	-0.03	0.94	0.9	-0.6	-0.79	-0.63	-0.18	0.03	-0.73	0.55	-0.4	0.71	-0.67	-0.27	0.19	-0.22	0.01
Interest Expense	0.31		0.17	0.28	0.25	0.37	-0.33	-0.34	-0.27	0.3	0.4	-0.32	-0.13	-0.2	-0.24	0.3	-0.44	-0.08	-0.61	0.02	-0.13	-0.11	0.06	-0.12	0.08
Selling General Administrative	0.78	0.17		0.85	0.82	0.85	-0.43	-0.01	0.2	0.85	0.86	-0.44	-0.84	-0.37	-0.28	0.05	-0.57	0.46	-0.11	0.47	-0.48	-0.4	0.24	-0.37	-0.09
Total Revenue	0.85	0.28	0.85		0.97	0.97	-0.27	0.11	0.34	0.93	0.97	-0.24	-0.76	-0.2	-0.08	0.25	-0.46	0.55	-0.02	0.43	-0.35	-0.02	0.16	0.01	0.07
Gross Profit	0.75	0.25	0.82	0.97		0.89	-0.08	0.3	0.51	0.83	0.91	-0.05	-0.68	-0.03	0.05	0.28	-0.33	0.51	0.12	0.26	-0.17	0.07	0.16	0.09	0.11
Other Operating Expenses	0.93	0.37	0.85	0.97	0.89		-0.49	-0.14	0.1	0.98	0.99	-0.46	-0.78	-0.4	-0.23	0.2	-0.63	0.48	-0.21	0.54	-0.49	-0.13	0.15	-0.09	0.01
Operating Income	-0.63	-0.33	-0.43	-0.27	-0.08	-0.49		0.86	0.73	-0.58	-0.45	1.0	0.55	0.89	0.64	0.07	0.85	-0.11	0.74	-0.71	0.8	0.6	0.0	0.56	0.25
Ebit	-0.29	-0.34	-0.01	0.11	0.3	-0.14	0.86		0.97	-0.19	-0.11	0.85	0.07	0.76	0.62	0.2	0.66	0.3	0.71	-0.41	0.55	0.39	-0.01	0.36	0.23
Ebitda	-0.03	-0.27	0.2	0.34	0.51	0.1	0.73	0.97		0.06	0.12	0.72	-0.14	0.63	0.6	0.22	0.49	0.46	0.64	-0.24	0.4	0.34	0.04	0.32	0.25
Cost Of Revenue	0.94	0.3	0.85	0.93	0.83	0.98	-0.58	-0.19	0.06		0.95	-0.55	-0.87	-0.48	-0.28	0.19	-0.65	0.58	-0.28	0.67	-0.62	-0.25	0.13	-0.21	-0.02
Total Operating Expenses	0.9	0.4	0.86	0.97	0.91	0.99	-0.45	-0.11	0.12	0.95		-0.42	-0.74	-0.37	-0.21	0.21	-0.63	0.41	-0.18	0.45	-0.42	-0.1	0.17	-0.07	0.01
Income Before Tax	-0.6	-0.32	-0.44	-0.24	-0.05	-0.46	1.0	0.85	0.72	-0.55	-0.42		0.57	0.89	0.63	0.07	0.85	-0.12	0.77	-0.71	0.8	0.67	0.01	0.63	0.27
Total Other Income Expense Net	-0.79	-0.13	-0.84	-0.76	-0.68	-0.78	0.55	0.07	-0.14	-0.87	-0.74	0.57		0.49	0.26	-0.21	0.58	-0.73	0.31	-0.77	0.68	0.57	0.01	0.54	0.14
Net Income	-0.63	-0.2	-0.37	-0.2	-0.03	-0.4	0.89	0.76	0.63	-0.48	-0.37	0.89	0.49		0.28	0.33	0.89	-0.15	0.71	-0.63	0.69	0.63	0.15	0.6	0.24
Income Tax Expense	-0.18	-0.24	-0.28	-0.08	0.05	-0.23	0.64	0.62	0.6	-0.28	-0.21	0.63	0.26	0.28		0.04	0.26	0.15	0.36	-0.4	0.6	0.34	-0.31	0.3	0.16
Discontinued Operations	0.03	0.3	0.05	0.25	0.28	0.2	0.07	0.2	0.22	0.19	0.21	0.07	-0.21	0.33	0.04		0.04	0.2	-0.05	0.05	0.16	0.1	-0.03	0.09	0.02
Net Income From Continuing Ops	-0.73	-0.44	-0.57	-0.46	-0.33	-0.63	0.85	0.66	0.49	-0.65	-0.63	0.85	0.58	0.89	0.26	0.04		-0.1	0.66	-0.48	0.53	0.54	0.18	0.52	0.23
Non Recurring	0.55	-0.08	0.46	0.55	0.51	0.48	-0.11	0.3	0.46	0.58	0.41	-0.12	-0.73	-0.15	0.15	0.2	-0.1		-0.1	0.67	-0.52	-0.28	0.12	-0.24	-0.04
Non Operating Income Net Other	-0.4	-0.61	-0.11	-0.02	0.12	-0.21	0.74	0.71	0.64	-0.28	-0.18	0.77	0.31	0.71	0.36	-0.05	0.66	-0.1		-0.55	0.61	0.63	0.03	0.61	0.01
Selling And Marketing Expenses	0.71	0.02	0.47	0.43	0.26	0.54	-0.71	-0.41	-0.24	0.67	0.45	-0.71	-0.77	-0.63	-0.4	0.05	-0.48	0.67	-0.55		-0.92	-0.56	0.18	-0.5	-0.11
Tax Provision	-0.67	-0.13	-0.48	-0.35	-0.17	-0.49	0.8	0.55	0.4	-0.62	-0.42	0.8	0.68	0.69	0.6	0.16	0.53	-0.52	0.61	-0.92		0.58	-0.31	0.52	0.16
Interest Income	-0.27	-0.11	-0.4	-0.02	0.07	-0.13	0.6	0.39	0.34	-0.25	-0.1	0.67	0.57	0.63	0.34	0.1	0.54	-0.28	0.63	-0.56	0.58		0.12	1.0	0.29
Extraordinary Items	0.19	0.06	0.24	0.16	0.16	0.15	0.0	-0.01	0.04	0.13	0.17	0.01	0.01	0.15	-0.31	-0.03	0.18	0.12	0.03	0.18	-0.31	0.12		0.14	0.04
Net Interest Income	-0.22	-0.12	-0.37	0.01	0.09	-0.09	0.56	0.36	0.32	-0.21	-0.07	0.63	0.54	0.6	0.3	0.09	0.52	-0.24	0.61	-0.5	0.52	1.0	0.14		0.29
Reconciled Depreciation	0.01	0.08	-0.09	0.07	0.11	0.01	0.25	0.23	0.25	-0.02	0.01	0.27	0.14	0.24	0.16	0.02	0.23	-0.04	0.01	-0.11	0.16	0.29	0.04	0.29

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Perdoceo Education Account Relationship Matchups

Perdoceo Education income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	15.9M	14.8M	16.8M	19.7M	16.9M	33.6M
Selling General Administrative	430.2M	417.2M	418.5M	426.1M	262.3M	249.2M
Total Revenue	627.7M	687.3M	693.0M	695.2M	710.0M	1.1B
Gross Profit	525.8M	575.5M	584.3M	578.5M	579.7M	764.3M
Other Operating Expenses	541.2M	543.8M	544.0M	562.6M	559.6M	1.0B
Operating Income	86.5M	142.9M	149.0M	129.6M	150.4M	158.0M
Ebit	86.5M	143.5M	149.0M	132.6M	164.7M	83.4M
Ebitda	102.3M	158.3M	165.8M	152.4M	181.6M	117.0M
Cost Of Revenue	101.9M	111.8M	108.7M	116.7M	130.3M	256.7M
Total Operating Expenses	439.3M	432M	435.3M	445.9M	439.5M	654.9M
Income Before Tax	93.0M	146.8M	149.1M	134.3M	192.1M	201.7M
Total Other Income Expense Net	6.6M	3.9M	51K	4.6M	41.7M	43.8M
Net Income	70.0M	124.3M	109.6M	95.9M	147.7M	155.0M
Income Tax Expense	22.4M	22.5M	39.4M	38.4M	44.5M	25.1M
Discontinued Operations	(610K)	(612K)	(90K)	(17K)	(19.6K)	(20.5K)
Net Income From Continuing Ops	70.6M	124.4M	109.7M	95.9M	147.7M	155.0M
Non Operating Income Net Other	6.7M	4.1M	988K	5.0M	5.8M	6.1M
Net Income Applicable To Common Shares	70.0M	124.3M	109.6M	95.9M	110.2M	115.8M
Selling And Marketing Expenses	130.9M	143.3M	137.2M	126.8M	102.6M	138.3M
Tax Provision	22.4M	22.5M	39.4M	38.4M	44.5M	46.7M
Interest Income	6.4M	3.9M	930K	6.9M	20.0M	21.0M
Net Interest Income	6.2M	3.7M	10K	6.5M	19.6M	20.6M
Reconciled Depreciation	9.1M	14.8M	16.8M	19.7M	16.9M	15.8M

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

0.57	EDU	New Oriental Education	Pair Corr
0.55	WAFU	Wah Fu Education	Pair Corr
0.5	YQ	17 Education Technology	Pair Corr
0.32	IH	Ihuman Inc	Pair Corr

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 Correlation Correlation 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:

How To Invest In Perdoceo

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Is Perdoceo Stock a good investment?

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What is Perdoceo Education's Net Worth?

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You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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.

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Perdoceo Historical Income Statement

About Perdoceo Income Statement Analysis

Perdoceo Education Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Perdoceo Education income statement Correlations

Perdoceo Education Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Perdoceo Education income statement Accounts

Pair Trading with Perdoceo Education

Moving against Perdoceo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Before Tax	+ 1.0	Operating Income
Net Interest Income	+ 1.0	Interest Income
Total Operating Expenses	+ 0.99	Other Operating Expenses
Cost Of Revenue	+ 0.98	Other Operating Expenses
Gross Profit	+ 0.97	Total Revenue
Other Operating Expenses	+ 0.97	Total Revenue

Tax Provision	- 0.92	Selling And Marketing Expenses
Total Other Income Expense Net	- 0.87	Cost Of Revenue
Total Other Income Expense Net	- 0.84	Selling General Administrative
Total Other Income Expense Net	- 0.79	Depreciation And Amortization
Total Other Income Expense Net	- 0.78	Other Operating Expenses
Selling And Marketing Expenses	- 0.77	Total Other Income Expense Net