PRDO Perdoceo Education Corporation - Common Stock

NASDAQ · Diversified Consumer Services · View on SEC EDGAR ↗
$32.78
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026

About Perdoceo Education Corporation - Common Stock Company overview from Wikipedia

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

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Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

History

Career Education was founded in 1994 by John M. Larson who served as the company's president, CEO and was a member of the board of directors until 2006. Under his leadership, Career Education grew to include over 24 U.S. campuses. On July 1, 2003, Career Education Corporation merged with competitor Whitman Education Group, Inc., gaining control over the latter's Sanford-Brown Colleges, Ultrasound Diagnostic Schools (later known as the Sanford-Brown Institute), and Colorado Technical University. They also obtained the former Western School of Health and Business. In the same year, CEC was sued for inflating financial results and issuing misleading statements, violating the Securities Exchange Act.

In March 2007, Gary McCullough joined the company and served as CEO until November 2011, when Steven H. Lesnik assumed the role of interim president and CEO. Lesnik was the former chairman of the Illinois State Board of Education. In 2009, Career Education purchased the right to operate Le Cordon Bleu schools in the United States and Canada. In April 2013, Scott Steffey, a veteran of Strayer Education Inc. and former vice chancellor of the State University of New York (SUNY) system, was named as Lesnik's permanent replacement.

According to a 2014 US Senate Health, Education, Labor, and Pensions report, 48% of Career Education's programs would have failed or been at risk of failing the US Department of Education's new "gainful employment" standards. Until 2015, California Regent Richard Blum (Senator Dianne Feinstein's husband) was a significant shareholder of Career Education stock despite allegations of conflict of interest.

Todd S. Nelson was named CEO of Career Education Corporation in 2015. Nelson was previously the CEO of Apollo Group (parent company of University of Phoenix) and Education Management Corporation (the parent company of the Art Institutes, Argosy University, Brown Mackie College, and South University). The organization closed most of its 50 campuses in the United States as the corporation downsized to two primarily online brands: American InterContinental University and Colorado Technical University. In 2016, Career Education Corporation had about 43,000 students. However, approximately 9,400 students came from schools that were shutting down.

In March 2017, Secretary of Education Betsy DeVos appointed Robert Eitel, a former Career Education vice president, as an advisor. In March 2019, Career Education Corporation entered into an agreement with Trident University International, an online for-profit college with approximately 4,000 students, for $35–$44 million, and merged this acquisition into American InterContinental University. In September 2019, The Capitol Forum reported that CECO schools "enjoyed an uptick in growth but have declined in quality metrics—spending on instruction, number of dropouts and bad debt all worsened, sometimes dramatically so."

On January 1, 2020, Career Education Corporation officially changed its name to Perdoceo. In March 2020, The Capitol Forum reported that the US Department of Education allowed Perdoceo and its subsidiary AIU to defer $39 million in Title IV money to avoid violating the 90/10 rule.

In 2021, Perdoceo acquired DigitalCrafts for $18.4 million and Hippo Education for $43.3 million. In 2022 Andrew Hurst replaced Todd Nelson as CEO.

The same year, the corporation acquired California Southern University for $40 million.

On July 16, 2024, Perdoceo Education Corporation announced that its expects to pay approximately $142 million to $144 million in cash at closing to acquire 100% ownership of the University of St. Augustine for Health Sciences. The Company expects to complete the acquisition in December 2024.

Lawsuits, investigations, and controversies

Career Education was investigated by the United States Securities and Exchange Commission for issues of non-compliance in 2005. On February 15, 2005, the company announced an adjustment related to an increase in the estimate for its allowance for doubtful accounts and a restatement for a change in revenue recognition method for its culinary and healthcare externships. In January 2008, CEC reported that the SEC has closed its investigation and will take no action against the company.

A Department of Justice investigation began in 2004 and was terminated in April 2007, with the DOJ declining prosecution.

In June 2005, the U.S. Department of Education prohibited CECO from expanding until it had resolved issues with financial statements and program reviews connected with its Collins College and Brooks College. In January 2007, the U.S. Department of Education lifted its restrictions on the company opening new schools or acquiring existing ones. Career Education's American InterContinental University was placed on probation in December 2005 with its accrediting agency, SACS. The probation status was reviewed after one year, in December 2006, and extended an additional 12 months. On December 11, 2007, CEC announced that SACS has removed AIU's probation and that the university's accreditation remains in good standing.

Brooks College, a Career Education owned school, was the subject of an unfavorable examination of for-profit trade schools in the CBS news magazine 60 Minutes which focused on alleged misrepresentations by admission representatives to prospective students. A CBS producer with a hidden camera visited several Career Education schools in the New York area, including the Katharine Gibbs School. In January 2007, the New York State Education Department reported deficiencies at the Katharine Gibbs School's New York campus. The problems related to faculty qualifications and remedial course offerings. Career Education has since closed Katharine Gibbs School's New York campus. In June of the same year, Career Education announced its plan to close both campuses of Brooks College.

California Culinary Academy, which was purchased by Career Education in 1999, was the subject of an unfavorable article in the San Francisco Weekly focusing on alleged misrepresentations and omissions made to prospective students to enroll them in the school. According to the Chronicle of Higher Education, a lawsuit was filed over the matter, which resulted in Career Education Corp. paying $10 million in settlement fees.

On November 1, 2011, Career Education's chief executive officer resigned as corporate profits significantly fell and allegations were made involving inflated student placement statistics at its career-oriented schools in New York. Over the year the stock value dropped about 48%. Steve Lesnik was appointed by the board of directors to serve as the new CEO. Lesnik was a visiting lecturer at Northwestern University and a director of the Illinois Math & Science Academy Foundation. Several lawsuits were filed by investors who claimed they were defrauded. CEO Gary McCullough was paid nearly $9.8 million in 2011.

In 2013, Career Education Corporation paid $10.25 million to settle the state of New York's claim that the company systematically deceived students by advertising bogus job placement rates. In 2014, Career Education Corporation was under investigation by more than a dozen states Attorneys General, although no charges have been filed by them. The company said it was cooperating fully with the request for information. The New York Times also reported that if the Obama administration's "gainful employment" proposals were to go into effect, 39% of Career Education's programs would fail student loan debt-to-earnings measurements, making them ineligible for federal funds. In 2015, the US Department of Education reported that Career Education Corporation schools were under heightened cash monitoring because of concerns about their finances or compliance with federal requirements. In 2016, The Securities and Exchange Commission requested documents information regarding Career Education's fourth quarter 2014 classification of its Le Cordon Bleu campuses. The New Jersey Supreme Court also ruled that Sanford–Brown students could sue Career Education Corporation despite an arbitration clause in their contracts. The students claimed that they were misled and deceived.

In 2019, Career Education Corp. agreed to forgive $493 million in student debt in a settlement with attorneys general from 48 states and the District of Columbia, closing out a 5-year investigation. The company denied wrongdoing. In September 2019, Perdoceo reached a $30 million settlement with the Federal Trade Commission over its fraudulent use of lead generation websites to lure students. In June 2020, an internal employee whistleblower exposed the potentially unethical interference in their job by Diane Auer Jones, currently principal deputy undersecretary at the Education Department. Jones was “vice president of regulatory and external affairs for Career Education Corporation, where she was responsible for companywide regulatory operations, licensure and accreditation, government affairs, among other things, and oversaw the organization's political action committee.” Also in 2020, the Department of Veterans Affairs threatened to cut off funding to Colorado Technical Institute and American Intercontinental University. The Trump Administration, however, sided with the for-profit schools.

Downsizing

In June 2007 Career Education announced that it would close the Brooks College campuses in Sunnyvale and Long Beach, California, and the Pittsburgh branch of the International Academy of Design and Technology. No new enrollments would be accepted, and the final graduation dates would be September 2008 at the Sunnyvale campus, December 2008 in Pittsburgh, and March 2009 in Long Beach. In February 2008 Career Education Corporation announced that it would phase out operations of nine money-losing colleges, including several Gibbs College campuses, Lehigh Valley College, and McIntosh College in New Hampshire and to seek permission to convert two Gibbs college locations to Sanford-Brown College campuses. On February 18, 2008, CECO's American InterContinental University announced plans to gradually close down its Los Angeles campus. Current students would have the opportunity to complete their programs, but no new students would be enrolled. Dr. George Miller, CEO of American InterContinental University, said "the impact of a two-year probation, coupled with the current market for AIU's programs in Los Angeles, is such that the student population at the campus has decreased significantly, and likely will not reach the sustainable level necessary to support the addition of new programs and necessary resources."

In January 2011, the company announced it would be laying off 600 people. Due to continued declining enrollment, additional plans to lay off as much as 7% of CEC's workforce (900 jobs) and close 23 schools were announced on November 8, 2012. The corporation made the announcement as it reported a $33.1 million net loss for the third quarter of 2012, as well a 23 percent decline in enrollment from a year ago. The Chicago Sun Times explained that "a U.S. Senate committee report last summer criticized for-profit schools for focusing on their own profits above their students’ job-readiness and for burdening students with loan debt at taxpayers’ expense. The scrutiny has hurt for-profit college enrollment." 25% of the current faculty at the California Culinary Academy were notified of their termination in mid November, effective December 31, 2012.Year over year, student enrollment dropped 16% from 2012 to 2013.

In 2015, Harrington College of Design in Chicago announced a planned closure. Purchased by Career Education Corporation in 1999, the school experienced declining enrollment and closed permanently in August 2018. On May 7, 2015, CECO announced the closure of its 14 remaining Sanford-Brown Colleges. Teach-outs of the remaining students were expected to take at least 18 months, depending on their programs. On December 16, 2015, CECO announced that it would close all 16 Le Cordon Bleu campuses in the United States. CECO had previously placed the brand up for sale.

Funding

In the 2011 fiscal year, over 95% of Career Education Corporation's funds came from enrolling students whose tuition was paid for by programs sponsored by the US federal government, with about $67 million annually coming from the US Department of Defense and Veterans Administration.

Schools

Open

American InterContinental University (AIU)

Colorado Technical University (CTU)

California Southern University (acquired in 2022)

Trident University International (acquired by Career Education Corporation in 2019)

University of St. Augustine for Health Sciences (acquired in 2024)

Hippo Education (acquired 2021)

Closed

Briarcliffe College (closed 2018)

Brooks College, Long Beach and Sunnyvale, California (closed, campuses sold in 2007)

Brooks Institute (sold in 2015, closed in 2016)

Collins College Art and Technical colleges (closed December 2012)

DigitalCrafts (acquired 2021)

Gibbs College School (closed 2008)

Harrington College of Design (closed 2018)

Le Cordon Bleu (closed 2017)

Missouri College (sold in 2015, closed in 2016)

Sanford-Brown Colleges and Institutes (closed 2017)

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

PRDO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$32.77
Market Cap
$2.05B
P/E (TTM)
13.5
EPS (TTM)
$2.42
Revenue (TTM)
$846M
Div Yield
ROE
16.3%
Debt/Equity
52W Range
$27 – $39

PRDO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $846M
10-point trend, +20.1%
2016-12-31 2025-12-31
EPS $2.42
10-point trend, +996.3%
2016-12-31 2025-12-31
Free Cash Flow
2016-12-31 2016-12-31
Margins 18.9%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
PRDO
Peer Median
P/E (TTM)
5-point trend, +59.7%
13.5
15.2
P/S (TTM)
5-point trend, +85.7%
2.4
1.8
P/B
5-point trend, +51.5%
2.1
3.6

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
PRDO
Peer Median
Operating Margin
5-point trend, +7.8%
23.2%
Net Profit Margin
5-point trend, +19.5%
18.9%
11.7%
ROA
5-point trend, -7.9%
12.9%
7.9%
ROE
5-point trend, -3.5%
16.3%
15.8%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PRDO
Peer Median
Current Ratio
5-point trend, +27.9%
5.1
1.7
Quick Ratio
5-point trend, -64.7%
0.8

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
PRDO
Peer Median
Revenue YoY
5-point trend, +22.1%
24.2%
Revenue CAGR 3Y
5-point trend, +22.1%
6.8%
Revenue CAGR 5Y
5-point trend, +22.1%
4.2%
EPS YoY
5-point trend, +56.1%
10.5%
Net Income YoY
5-point trend, +45.9%
8.3%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
PRDO
Peer Median
EPS (Diluted)
5-point trend, +56.1%
$2.42

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PRDO
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
June 1, 2026$0.1500
March 2, 2026$0.1500
Nov. 28, 2025$0.1500
Sept. 2, 2025$0.1500
May 30, 2025$0.1300
Feb. 28, 2025$0.1300
Dec. 2, 2024$0.1300
Aug. 30, 2024$0.1300
May 31, 2024$0.1100
Feb. 29, 2024$0.1100
Nov. 30, 2023$0.1100
Aug. 31, 2023$0.1100

PRDO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 8 analysts
  • Strong Buy 3 37.5%
  • Buy 4 50.0%
  • Hold 1 12.5%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

1 analysts · 2026-08-17
Median target $44.00 +34.2%
Mean target $44.00 +34.2%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.07%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.80 $0.55 0.25%
March 31, 2026 $0.90 $0.86 0.04%
Dec. 31, 2025 $0.59 $0.55 0.04%
Sept. 30, 2025 $0.65 $0.62 0.03%
June 30, 2025 $0.67 $0.66 0.01%
March 31, 2025 $0.70 $0.67 0.03%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PRDO $1.83B 12.1 24.2% 18.9% 16.3%
CVSA $4.24B 17.7 9.3% 12.9% 17.8%
LOPE $4.56B 21.6 7.1% 19.5% 28.3%
LRN $3.58B 12.1 4.7% 13.4% 21.3% 37.8%
BFAM $5.64B 30.2 9.2% 6.6% 14.1% 23.8%
MH $2.62B 72.1 0.07% 1.7% 4.6% 80.9%
STRA $1.84B 14.8 4.0% 10.0% 7.6%
UTI $1.77B 28.8 14.1% 7.5% 20.3%
COUR -23.7 9.0%
PXED
LINC $764M 37.7 17.8% 3.9% 10.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, -7.4% $846M $681M $710M $695M $693M $687M $628M $581M $596M $704M $847M $914M
SG&A Expense 12-point trend, -35.8% $411M $367M $398M $426M $419M $417M $430M $391M $405M $478M $564M $640M
Operating Expenses 12-point trend, -38.3% $650M $507M $560M $566M $544M $544M $541M $510M $562M $737M $939M $1.05B
Operating Income 12-point trend, +240.7% $196M $174M $150M $130M $149M $143M $86M $71M $34M $-32M $-92M $-139M
Interest Expense 10-point trend, -17.7% · · $404.0K $400.0K $920.0K $167.0K $167.0K $681.0K $451.0K $584.0K $835.0K $491.0K
Interest Income 12-point trend, +2991.7% $26M $29M $20M $7M $930.0K $4M $6M $4M $2M $1M $794.0K $851.0K
Other Non-op 12-point trend, +1052.3% $991.0K $-1M $22M $-2M $41.0K $121.0K $335.0K $196.0K $665.0K $300.0K $-436.0K $86.0K
Pretax Income 2-point trend, +32.0% · · · · · · · · · · $-94M $-139M
Income Tax 12-point trend, +1423.6% $57M $54M $44M $38M $39M $22M $22M $19M $67M $-17M $-147M $4M
Net Income 12-point trend, +189.8% $160M $148M $148M $96M $110M $124M $70M $55M $-32M $-19M $52M $-178M
EPS (Basic) 12-point trend, +193.2% $2.47 $2.25 $2.22 $1.41 $1.57 $1.79 $1.00 $0.79 $-0.46 $-0.27 $0.76 $-2.65
EPS (Diluted) 12-point trend, +191.3% $2.42 $2.19 $2.18 $1.39 $1.55 $1.74 $0.97 $0.77 $-0.46 $-0.27 $0.76 $-2.65
Shares (Basic) 12-point trend, -3.5% 64,805,000 65,646,000 66,468,000 67,934,000 70,024,000 69,414,000 70,088,000 69,598,000 68,949,000 68,373,000 67,860,000 67,173,000
Shares (Diluted) 12-point trend, -1.5% 66,156,000 67,242,000 67,826,000 69,031,000 70,881,000 71,265,000 72,085,000 71,482,000 68,949,000 68,373,000 68,328,000 67,173,000
EBITDA 12-point trend, +1476.7% $238M $189M $167M $149M $166M $158M $96M $81M $48M $-10M $-67M $-17M
Balance Sheet 28
Annual Balance Sheet data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +18.3% $111M $109M $118M $109M $320M $106M $109M $32M $18M $50M $67M $94M
Short-term Investments 4-point trend, +27.1% · · · · · · · · $156M $148M $115M $123M
Receivables 6-point trend, +75.2% · · · · · · $55M $29M $19M $23M $32M $31M
Inventory 12-point trend, -19.4% $4M $3M $5M $2M $904.0K $596.0K $576.0K $763.0K $1M $2M $3M $5M
Prepaid Expense 12-point trend, -3.3% $17M $17M $12M $8M $7M $8M $7M $8M $8M $14M $14M $17M
Other Current Assets 12-point trend, -95.6% $208.0K $171.0K $155.0K $597.0K $3M $341.0K $2M $437.0K $1M $817.0K $3M $5M
Current Assets 12-point trend, +119.1% $697M $640M $655M $575M $554M $467M $360M $269M $211M $248M $289M $318M
PP&E (Net) 12-point trend, -27.9% $83M $96M $21M $26M $28M $28M $26M $30M $33M $41M $58M $116M
PP&E (Gross) 12-point trend, -71.6% $170M $163M $80M $80M $142M $129M $119M $228M $247M $422M $507M $599M
Accum. Depreciation 12-point trend, -82.0% $87M $67M $59M $54M $114M $101M $93M $198M $214M $381M $449M $483M
Goodwill 12-point trend, +204.2% $266M $258M $241M $244M $163M $118M $87M $87M $87M $87M $87M $87M
Intangibles 12-point trend, +176.2% $78M $95M $36M $54M $32M $16M $8M $8M $8M $8M $9M $28M
Other Non-current Assets 12-point trend, -58.2% $8M $8M $7M $6M $7M $6M $6M $5M $6M $8M $17M $19M
Total Assets 12-point trend, +117.5% $1.25B $1.24B $1.01B $957M $847M $722M $599M $482M $447M $560M $611M $574M
Accounts Payable 12-point trend, -40.1% $14M $13M $11M $14M $11M $13M $12M $9M $9M $10M $26M $24M
Short-term Debt 2-point trend, +280.0% · · · · · · · · · · $38M $10M
Current Liabilities 12-point trend, -23.5% $138M $132M $111M $163M $140M $104M $104M $97M $113M $169M $193M $180M
Capital Leases 7-point trend, -16.5% $44M $50M $21M $27M $36M $43M $52M · · · · ·
Other Non-current Liabilities 12-point trend, +45.5% $31M $27M $34M $41M $22M $18M $12M $17M $22M $32M $25M $21M
Total Debt 2-point trend, +280.0% · · · · · · · · · · $38M $10M
Common Stock 12-point trend, +11.9% $921.0K $910.0K $903.0K $894.0K $887.0K $873.0K $860.0K $852.0K $843.0K $835.0K $830.0K $823.0K
Paid-in Capital · · · · · · · · · · · $607M
Retained Earnings 12-point trend, +756.6% $718M $596M $481M $348M $252M $142M $18M $-53M $-108M $-76M $-58M $-109M
Treasury Stock 12-point trend, +117.7% $469M $344M $334M $302M $277M $246M $227M $221M $217M $216M $216M $215M
AOCI 12-point trend, +225.4% $1M $166.0K $-666.0K $-5M $-96.0K $364.0K $344.0K $-298.0K $-164.0K $-258.0K $-880.0K $-853.0K
Stockholders' Equity 12-point trend, +244.9% $972M $960M $841M $726M $650M $556M $431M $355M $296M $322M $338M $282M
Liabilities + Equity 12-point trend, +117.5% $1.25B $1.24B $1.01B $957M $847M $722M $599M $482M $447M $560M $611M $574M
Shares Outstanding 12-point trend, -7.5% 62,478,373 65,719,224 65,544,539 67,175,485 68,748,662 70,062,364 70,151,357 69,772,910 69,117,803 68,519,005 68,098,654 67,521,038
Cash Flow 18
Annual Cash Flow data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, -24.9% $42M $15M $17M $20M $17M $15M $9M $9M $14M $23M $25M $55M
Stock-based Comp 12-point trend, +174.3% $12M $10M $8M $9M $15M $13M $9M $6M $5M $3M $3M $4M
Deferred Tax 12-point trend, -74.8% $4M $3M $4M $-677.0K $15M $20M $22M $18M $65M $-17M $-145M $14M
Amort. of Intangibles 12-point trend, +2037.5% $17M $6M $8M $7M $4M $3M $0 $0 $600.0K $800.0K $100.0K $800.0K
Restructuring 4-point trend, -52.3% · · · · · · · $2M · $507.0K $24M $4M
Other Non-cash 12-point trend, +158.0% $8M $-13M $-64M $25M $34M $7M $-37M $-31M $-74M $16M $43M $-14M
Operating Cash Flow 12-point trend, +289.9% $225M $162M $112M $148M $191M $180M $73M $57M $-22M $6M $-21M $-119M
CapEx 3-point trend, -68.6% · · · · · · · · · $4M $12M $13M
Investing Cash Flow 12-point trend, +50.2% $-54M $-108M $-89M $-327M $54M $-166M $8M $-41M $-12M $-34M $-8M $-108M
Stock Issued 12-point trend, +21.3% $2M $2M $3M $1M $861.0K $6M $2M $2M $3M $773.0K $1M $1M
Stock Repurchased 7-point trend, +3017.2% $121M $7M $8M $23M $25M $18M $4M · · · · ·
Net Stock Activity 12-point trend, -8899.9% $-119M $-5M $-6M $-22M $-24M $-12M $-2M $2M $3M $773.0K $1M $1M
Dividends Paid · · $14M · · · · · · · · ·
Financing Cash Flow 12-point trend, -17556.3% $-171M $-41M $-23M $-28M $-30M $-13M $-5M $-2M $2M $-38M $29M $980.0K
Net Change in Cash 12-point trend, +100.2% $527.0K $13M $137.0K $-206M $215M $997.0K $76M $14M $-32M $-66M $-30.0K $-225M
Taxes Paid 12-point trend, +181.5% $49M $47M $42M $29M $23M $611.0K $46.0K $266.0K $120.0K $334.0K $580.0K $18M
Free Cash Flow 3-point trend, +101.4% · · · · · · · · · $2M $-33M $-132M
Levered FCF 2-point trend, +75.1% · · · · · · · · · · $-33M $-132M
Profitability 7
Annual Profitability data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 12-point trend, +336.2% 23.2% 25.6% 21.2% 18.6% 21.5% 20.8% 13.8% 12.3% 5.7% -4.6% -10.9% -9.8%
Net Margin 12-point trend, +178.7% 18.9% 21.7% 20.8% 13.8% 15.8% 18.1% 11.2% 9.5% -5.3% -2.7% 6.1% -24.0%
Pretax Margin 2-point trend, -14.0% · · · · · · · · · · -11.2% -9.8%
EBITDA Margin 12-point trend, +1305.6% 28.1% 27.7% 23.6% 21.5% 23.9% 22.9% 15.2% 13.9% 8.1% -1.4% -7.9% -2.3%
ROA 12-point trend, +149.8% 12.9% 13.2% 15.0% 10.6% 14.0% 18.8% 12.9% 11.9% -6.3% -3.2% 8.8% -25.9%
ROE 12-point trend, +133.8% 16.3% 15.6% 17.7% 13.4% 16.9% 23.1% 16.8% 15.9% -10.3% -5.7% 16.8% -48.3%
ROIC 2-point trend, +152.6% · · · · · · · · · · 13.8% -26.2%
Liquidity & Solvency 4
Annual Liquidity & Solvency data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, +167.2% 5.1 4.8 5.9 3.5 4.0 4.5 3.5 2.8 1.9 1.5 1.5 1.9
Quick Ratio 12-point trend, -32.8% 0.8 0.8 1.1 0.7 2.3 1.0 1.6 0.6 1.7 1.3 1.1 1.2
Debt / Equity 2-point trend, +217.2% · · · · · · · · · · 0.1 0.0
Interest Coverage 10-point trend, +351.4% · · 372.4 324.1 162.0 855.9 517.7 104.7 75.7 -55.4 -110.4 -148.1
Efficiency 2
Annual Efficiency data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -36.7% 0.7 0.6 0.7 0.8 0.9 1.0 1.2 1.3 1.2 1.2 1.4 1.1
Receivables Turnover 6-point trend, -46.9% · · · · · · 15.0 24.4 28.6 25.9 26.9 28.2
Per Share 6
Annual Per Share data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +272.7% $15.56 $14.60 $12.84 $10.81 $9.46 $7.93 $6.15 $5.09 $4.29 $4.69 $4.96 $4.18
Revenue / Share 11-point trend, +3.1% $12.79 $10.13 $10.47 $10.07 $9.78 $9.64 $8.71 $8.13 $8.65 $10.30 $12.40 ·
Cash Flow / Share 11-point trend, +1172.7% $3.40 $2.40 $1.65 $2.15 $2.70 $2.53 $1.01 $0.80 $-0.32 $0.09 $-0.32 ·
Cash / Share 12-point trend, +27.8% $1.78 $1.66 $1.80 $1.63 $4.65 $1.51 $1.55 $0.46 $0.26 $0.72 $0.98 $1.39
Dividend / Share 3-point trend, +154.5% $1 $0 $0 · · · · · · · · ·
EPS (TTM) 12-point trend, +191.3% $2.42 $2.19 $2.18 $1.39 $1.55 $1.74 $0.97 $0.77 $-0.46 $-0.27 $0.76 $-2.65
Growth Rates 9
Annual Growth Rates data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, +2815.7% 24.2% -4.0% 2.1% 0.31% 0.83% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +521.1% 6.8% -0.57% 1.1% · · · · · · · · ·
Revenue CAGR 5Y 4.2% · · · · · · · · · · ·
EPS YoY 5-point trend, +196.2% 10.5% 0.46% 56.8% -10.3% -10.9% · · · · · · ·
EPS CAGR 3Y 3-point trend, +160.3% 20.3% 12.2% 7.8% · · · · · · · · ·
EPS CAGR 5Y 6.8% · · · · · · · · · · ·
Net Income YoY 5-point trend, +170.9% 8.3% -0.04% 54.0% -12.6% -11.8% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +214.2% 18.6% 10.4% 5.9% · · · · · · · · ·
Net Income CAGR 5Y 5.2% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for PRDO
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, -7.4% $846M $681M $710M $695M $693M $687M $628M $581M $596M $704M $847M $914M
Net Income TTM 12-point trend, +189.8% $160M $148M $148M $96M $110M $124M $70M $55M $-32M $-19M $52M $-178M
Market Cap 12-point trend, +289.9% $1.83B $1.74B $1.15B $934M $808M $885M $1.29B $797M $835M $691M $247M $470M
Enterprise Value 2-point trend, -60.7% · · · · · · · · · · $103M $263M
P/E 12-point trend, +561.5% 12.1 12.1 8.1 10.0 7.6 7.3 19.0 14.8 -26.3 -37.4 4.8 -2.6
P/S 12-point trend, +321.2% 2.2 2.6 1.6 1.3 1.2 1.3 2.1 1.4 1.4 1.0 0.3 0.5
P/B 12-point trend, +13.1% 1.9 1.8 1.4 1.3 1.2 1.6 3.0 2.2 2.8 2.2 0.7 1.7
P / Tangible Book 6-point trend, +39.0% 2.9 2.9 2.0 2.2 1.8 2.1 · · · · · ·
P / Cash Flow 12-point trend, +305.4% 8.1 10.8 10.3 6.3 4.2 4.9 17.7 14.0 -38.3 116.9 -11.4 -4.0
P / FCF 3-point trend, +10973.2% · · · · · · · · · 387.7 -7.4 -3.6
EV / EBITDA 2-point trend, +89.9% · · · · · · · · · · -1.5 -15.3
EV / FCF 2-point trend, -55.0% · · · · · · · · · · -3.1 -2.0
EV / Revenue 2-point trend, -57.6% · · · · · · · · · · 0.1 0.3
Dividend Yield · · 1.2% · · · · · · · · ·
Earnings Yield 12-point trend, +121.7% 8.2% 8.3% 12.4% 10.0% 13.2% 13.8% 5.3% 6.7% -3.8% -2.7% 20.9% -38.1%
Payout Ratio · · 9.8% · · · · · · · · ·
Annual Payout · · $14M · · · · · · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $846M$681M$710M$695M$693M
Operating Margin % 23.2%25.6%21.2%18.6%21.5%
Net Income $160M$148M$148M$96M$110M
Diluted EPS $2.42$2.19$2.18$1.39$1.55
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Current Ratio 5.14.85.93.54.0
Quick Ratio 0.80.81.10.72.3

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Institutional owners (13F) 358 filers · $1.5B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
52 (+4 vs prior Q) 30 (+4 vs prior Q) 122 (+1 vs prior Q) 104 (+6 vs prior Q) +6.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
DIMENSIONAL FUND ADVISORS LP $123,000,552 3,843,767 8.08% Shares
VANGUARD GROUP INC $117,227,141 3,996,834 7.70% Shares
RENAISSANCE TECHNOLOGIES LLC $105,592,448 3,299,764 6.94% Shares
FIRST TRUST ADVISORS LP $100,524,192 3,141,381 6.61% Shares
VANGUARD CAPITAL MANAGEMENT LLC $87,434,400 2,732,325 5.75% Shares
STATE STREET CORP $80,205,664 2,506,427 5.27% Shares
AMERICAN CENTURY COMPANIES INC $76,633,280 2,394,790 5.04% Shares
GEODE CAPITAL MANAGEMENT, LLC $60,370,987 1,886,287 3.97% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $55,295,904 1,727,997 3.63% Shares
FRONTIER CAPITAL MANAGEMENT CO LLC $49,524,201 1,547,631 3.25% Shares
Copeland Capital Management, LLC $46,873,631 1,464,800 3.08% Shares
PRUDENTIAL FINANCIAL INC $45,984,416 1,437,013 3.02% Shares
Callodine Capital Management, LP $37,306,432 1,165,826 2.45% Shares
Qube Research & Technologies Ltd $33,064,992 1,033,281 2.17% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $27,155,136 848,598 1.78% Shares
GOLDMAN SACHS GROUP INC $23,251,040 726,595 1.53% Shares
Clark Capital Management Group, Inc. $15,272,988 477,281 1.00% Shares
Bank of New York Mellon Corp $14,503,552 453,236 0.95% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $13,176,512 411,766 0.87% Shares
TWO SIGMA INVESTMENTS, LP $13,075,040 408,595 0.86% Shares
VANGUARD FIDUCIARY TRUST CO $12,624,096 394,503 0.83% Shares
Cubist Systematic Strategies, LLC $12,524,663 332,572 0.82% Shares
PRIVATE MANAGEMENT GROUP INC $10,868,032 339,626 0.71% Shares
BNP PARIBAS FINANCIAL MARKETS $10,596,896 331,153 0.70% Shares
PRINCIPAL FINANCIAL GROUP INC $10,424,064 325,752 0.69% Shares
Cambria Investment Management, L.P. $9,936,768 310,524 0.65% Shares
Public Sector Pension Investment Board $9,400,256 293,758 0.62% Shares
ENVESTNET ASSET MANAGEMENT INC $8,377,695 261,803 0.55% Shares
WELLINGTON MANAGEMENT GROUP LLP $8,089,184 252,787 0.53% Shares
Vest Financial, LLC $7,394,944 231,092 0.49% Shares
FRANKLIN RESOURCES INC $6,974,944 217,967 0.46% Shares
MANNING & NAPIER ADVISORS LLC $6,653,920 207,935 0.44% Shares
Nuveen Asset Management, LLC $6,393,590 241,541 0.42% Shares
Brandywine Global Investment Management, LLC $6,316,831 215,371 0.42% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $5,968,352 186,511 0.39% Shares
PANAGORA ASSET MANAGEMENT INC $5,935,456 185,483 0.39% Shares
SEIZERT CAPITAL PARTNERS, LLC $5,563,136 173,848 0.37% Shares
MORGAN STANLEY $5,470,133 170,941 0.36% Shares
INTECH INVESTMENT MANAGEMENT LLC $5,074,752 158,586 0.33% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $4,972,576 155,393 0.33% Shares
TWO SIGMA ADVISERS, LP $4,874,646 166,200 0.32% Shares
RHUMBLINE ADVISERS $4,839,808 151,244 0.32% Shares
ASSETMARK, INC $4,713,503 147,297 0.31% Shares
BANK OF AMERICA CORP /DE/ $4,599,168 143,724 0.30% Shares
MARTINGALE ASSET MANAGEMENT L P $4,206,656 131,458 0.28% Shares
Squarepoint Ops LLC $4,054,368 126,699 0.27% Shares
Swiss National Bank $4,028,800 125,900 0.26% Shares
Ruffer LLP $3,916,804 122,534 0.26% Shares
Gotham Asset Management, LLC $3,899,488 121,859 0.26% Shares
Skylands Capital, LLC $3,894,400 121,700 0.26% Shares
Kennondale Capital Management LLC $3,599,232 112,476 0.24% Shares
Edgestream Partners, L.P. $3,583,840 111,995 0.24% Shares
LEUTHOLD GROUP, LLC $3,515,936 109,873 0.23% Shares
AMERIPRISE FINANCIAL INC $3,470,048 108,439 0.23% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $3,452,896 107,903 0.23% Shares
SEGALL BRYANT & HAMILL, LLC $3,380,576 105,643 0.22% Shares
Engineers Gate Manager LP $3,311,552 103,486 0.22% Shares
Legal & General Group Plc $2,903,872 90,746 0.19% Shares
CenterBook Partners LP $2,861,120 89,410 0.19% Shares
Cresset Asset Management, LLC $2,809,237 87,788 0.18% Shares
Susquehanna Portfolio Strategies, LLC $2,807,488 87,734 0.18% Shares
ALGERT GLOBAL LLC $2,743,680 85,740 0.18% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $2,647,456 82,733 0.17% Shares
ALLIANCEBERNSTEIN L.P. $2,641,463 70,988 0.17% Shares
CITADEL ADVISORS LLC $2,638,752 82,461 0.17% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $2,513,344 78,542 0.17% Shares
Empowered Funds, LLC $2,478,112 77,441 0.16% Shares
Jefferies Financial Group Inc. $2,451,200 76,600 0.16% Shares
ROYCE & ASSOCIATES LP $2,443,616 76,363 0.16% Shares
MACKENZIE FINANCIAL CORP $2,395,648 74,864 0.16% Shares
JANE STREET GROUP, LLC $2,391,776 74,743 0.16% Shares
BlackRock, Inc. $2,300,640 71,895 0.15% Shares
PICTON MAHONEY ASSET MANAGEMENT $2,277,377 71,168 0.15% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $2,255,931 60,627 0.15% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $2,170,816 67,838 0.14% Shares
CITADEL ADVISORS LLC $2,131,200 66,600 0.14% Call option
Integrated Quantitative Investments LLC $2,114,784 66,087 0.14% Shares
EXCHANGE TRADED CONCEPTS, LLC $2,107,424 65,857 0.14% Shares
Nuveen, LLC $1,978,720 61,835 0.13% Shares
Y-Intercept (Hong Kong) Ltd $1,978,624 61,832 0.13% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $1,974,000 61,700 0.13% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,942,400 60,700 0.13% Put option
Polaris Capital Management, LLC $1,939,200 60,600 0.13% Shares
Prairiewood Capital, LLC $1,934,767 60,461 0.13% Shares
Nebula Research & Development LLC $1,913,444 58,533 0.13% Shares
Weiss Asset Management LP $1,814,208 56,694 0.12% Shares
FIFTH THIRD BANCORP $1,795,756 56,117 0.12% Shares
DGS Capital Management, LLC $1,768,727 47,534 0.12% Shares
WEDGE CAPITAL MANAGEMENT L L P/NC $1,767,438 47,499 0.12% Shares
STATE OF WISCONSIN INVESTMENT BOARD $1,751,936 54,748 0.12% Shares
Pacific Ridge Capital Partners, LLC $1,734,944 54,217 0.11% Shares
Quantbot Technologies LP $1,720,320 53,760 0.11% Shares
VOYA INVESTMENT MANAGEMENT LLC $1,670,368 52,199 0.11% Shares
RAYMOND JAMES FINANCIAL INC $1,588,834 49,651 0.10% Shares
Horizon Investments, LLC $1,582,080 49,440 0.10% Shares
CAPITAL FUND MANAGEMENT S.A. $1,582,016 49,438 0.10% Shares
Schonfeld Strategic Advisors LLC $1,539,968 48,124 0.10% Shares
CITADEL ADVISORS LLC $1,462,400 45,700 0.10% Put option
Savant Capital, LLC $1,451,488 44,810 0.10% Shares
VANGUARD ASSET MANAGEMENT, Ltd $1,394,368 43,574 0.09% Shares

Company insiders 69 insiders · 51 officers · 23 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Todd S Nelson President and CEO March 25, 2026 S 347,981 0 11 $-12,523,894
Andrew Hurst President & CEO Aug. 22, 2023 M 352,641 0 0 $0
Scott W Steffey CEO & President Feb. 11, 2015 D 41,000 0 0 $0
Steven H Lesnik Pres, CEO, Chairman March 4, 2013 A 81,762 0 0 $0
Gary E Mccullough Pres, CEO Nov. 1, 2011 J 158,926 0 0 $0
John M Larson Chairman, President and CEO May 18, 2006 A 150,056 0 0 $0
Ashish R Ghia CFO March 25, 2026 S 144,602 0 3 $-1,577,550
Andrew J Cederoth SVP and CFO June 14, 2017 M 20,476 0 0 $0
Reid E Simpson SVP, CFO March 6, 2015 A 97,176 0 0 $0
Colleen M O'Sullivan SVP, CFO May 19, 2014 F 74,554 0 0 $0
Patrick K Pesch Exec. VP and CFO March 19, 2007 A 56,100 0 0 $0
Stephen C Fireng Group President March 19, 2007 A 21,705 0 0 $0
Michele A Peppers Principal Accounting Officer May 13, 2026 S 35,748 0 1 $-483,000
Julia A. Leeman SVP - Campus Operations May 12, 2026 S 21,924 0 1 $-401,796
Greg E. Jansen SVP, General Counsel April 6, 2026 S 82,970 0 1 $-1,146,004
Sunitha Araamudhu SVP - AIUS March 14, 2026 M 48,257 0 0 $0
Elise Baskel SVP, CTU March 14, 2026 M 83,290 0 1 $-742,420
David C. Czeszewski SVP, CIO March 14, 2026 M 74,983 0 2 $-1,188,413
John Robert Kline SVP, AIU March 14, 2026 M 89,529 0 0 $0
Jeffrey David Ayers SVP, General Counsel March 14, 2022 F 82,442 0 0 $0
Jeffrey R Cooper SVP, Chief Compliance Officer March 14, 2016 M 44,239 0 0 $0
Jason T Friesen SVP Oct. 24, 2015 F 51,138 0 0 $0
Lysa A Hlavinka SVP June 14, 2015 M 31,053 0 0 $0
Diane Auer Jones SVP, Chief Ext Affairs Officer March 10, 2015 D 0 0 0 $0
Jennifer Campe SVP, Chief HR Officer Nov. 4, 2014 D 8,920 0 0 $0
Catherine Lespine Dir Gen Inseec Group Dec. 3, 2013 D 15,174 0 0 $0
Manoj Govind Kulkarni SVP June 3, 2013 D 13,115 0 0 $0
Colon S. Mclean SVP March 16, 2013 D 10,842 0 0 $0
Teresa Cotton Santos SVP March 4, 2013 A 12,000 0 0 $0
Anthony Mitchell SVP March 4, 2013 A 26,299 0 0 $0
Daniel J. Hurdle SVP March 4, 2013 A 20,116 0 0 $0
Michael J Graham EVP Sept. 15, 2012 D 33,967 0 0 $0
Jeremy J Wheaton SVP July 17, 2012 D 4,862 0 0 $0
Erik Ian Parks SVP March 14, 2012 F 11,136 0 0 $0
Stephen Tober SVP March 9, 2012 D 5,576 0 0 $0
Thomas A. Mcnamara SVP Oct. 29, 2011 J 7,023 0 0 $0
Brian R. Williams SVP Oct. 4, 2011 J 9,150 0 0 $0
George K Grayeb SVP April 1, 2011 J 12,033 0 0 $0
Thomas G Budlong SVP March 14, 2011 A 67,425 0 0 $0
Deborah Lenart SVP Nov. 6, 2010 J 20,736 0 0 $0
Donna L Gray SVP July 6, 2010 J 4,510 0 0 $0
Leonard A Mariani Senior VP June 1, 2009 J 19,928 0 0 $0
Ty Roberts SVP of Art & Design March 13, 2008 A 22,700 0 0 $0
Paul Richard Ryan SVP of Culinary March 13, 2008 A 44,093 0 0 $0
Todd H Steele SVP of Int'l and Bus. Dev. March 13, 2008 A 73,901 0 0 $0
Steve B Sotraidis Executive VP Admin. Dec. 21, 2006 M 14,172 0 0 $0
Jacob P Gruver Pres., Acad. & College Div. Dec. 21, 2006 M 15,461 0 0 $0
Janice L Block Sr VP, Gen Counsel, Corp.Sec. May 18, 2006 A 7,500 0 0 $0
Kenneth D Shore Pres., Gibbs Division May 18, 2006 A 3,369 0 0 $0
Nick Fluge Pres., Online Education Group May 28, 2004 S 8,738 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 27 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 18, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person April 23, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 23, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Feb. 11, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Jan. 20, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 9, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 15, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person June 21, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 14, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person April 16, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 13, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 6, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 17, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person April 3, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Feb. 28, 2012 Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 86 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PSL · Invesco Exchange-Traded Fund Trust 1.42% 35,420 SH Aug. 8, 2026 Daily
SIXS · EXCHANGE TRADED CONCEPTS TRUST 1.07% 42,022 NS May 31, 2026 N-PORT
ROSC · Lattice Strategies Trust 0.88% 14,184 NS April 30, 2026 N-PORT
RFDA · ALPS ETF Trust 0.86% 23,156 NS May 31, 2026 N-PORT
SYLD · Cambria ETF Trust 0.86% 242,335 NS April 30, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.85% 209,222 NS April 30, 2026 N-PORT
SCOW · Pacer Funds Trust 0.85% 386 NS April 30, 2026 N-PORT
DEEP · ETF Series Solutions 0.84% 6,797 NS May 31, 2026 N-PORT
VAMO · Cambria ETF Trust 0.77% 18,962 NS April 30, 2026 N-PORT
PSCD · Invesco Exchange-Traded Fund Trust … 0.76% 5,487 SH Aug. 8, 2026 Daily
CAFG · Pacer Funds Trust 0.69% 4,582 NS April 30, 2026 N-PORT
CVY · Invesco Exchange-Traded Fund Trust 0.64% 23,346 SH Aug. 8, 2026 Daily
SAWS · ETF Series Solutions 0.57% 1,187 NS April 30, 2026 N-PORT
XSHQ · Invesco Exchange-Traded Fund Trust … 0.41% 39,062 SH Aug. 8, 2026 Daily
SIXL · EXCHANGE TRADED CONCEPTS TRUST 0.41% 23,742 NS May 31, 2026 N-PORT
AFSM · First Trust Exchange-Traded Fund VI… 0.34% 10,203 NS May 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.29% 24,309 SH Aug. 8, 2026 Daily
MILN · Global X Funds 0.27% 8,019 NS May 31, 2026 N-PORT
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.24% 42,233 NS April 30, 2026 N-PORT
CALF · Pacer Funds Trust 0.23% 236,725 NS April 30, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.22% 1,808,696 NS May 31, 2026 N-PORT
FYT · First Trust Exchange-Traded AlphaDE… 0.22% 11,672 NS April 30, 2026 N-PORT
SMDX · Tidal Trust III 0.21% 7,920 NS April 30, 2026 N-PORT
SMLF · iShares Trust 0.21% 278,255 SH Aug. 8, 2026 Daily
BFOR · ALPS ETF Trust 0.21% 13,758 NS May 31, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.17% 147,372 NS May 31, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.16% 55,823 NS April 30, 2026 N-PORT
GMOV · GMO ETF Trust 0.14% 3,887 NS May 31, 2026 N-PORT
SMMV · iShares Trust 0.14% 12,399 SH Aug. 8, 2026 Daily
EBIT · Harbor ETF Trust 0.14% 457 NS April 30, 2026 N-PORT
IJT · iShares Trust 0.13% 343,099 SH Aug. 8, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.13% 45,602 SH Aug. 8, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.13% 55,377 SH Aug. 8, 2026 Daily
IWN · iShares Trust 0.13% 562,035 SH Aug. 8, 2026 Daily
DFAT · Dimensional ETF Trust 0.12% 485,274 NS April 30, 2026 N-PORT
VFMF · VANGUARD WELLINGTON FUND 0.12% 27,169 SH Aug. 8, 2026 Daily
QVMS · Invesco Exchange-Traded Fund Trust … 0.12% 8,873 SH Aug. 8, 2026 Daily
DFSV · Dimensional ETF Trust 0.12% 256,558 NS April 30, 2026 N-PORT
XJR · iShares Trust 0.11% 6,508 SH Aug. 8, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.11% 77,971 NS April 30, 2026 N-PORT
IJR · iShares Trust 0.10% 3,516,935 SH Aug. 8, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.10% 14,678 SH Aug. 8, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.10% 206,387 SH Aug. 8, 2026 Daily
GSSC · Goldman Sachs ETF Trust 0.10% 29,672 NS May 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.09% 80,816 SH Aug. 8, 2026 Daily
VCR · VANGUARD WORLD FUND 0.09% 187,579 SH Aug. 8, 2026 Daily
SAA · ProShares Trust 0.09% 723 NS May 31, 2026 N-PORT
FDIS · FIDELITY COVINGTON TRUST 0.08% 40,810 NS April 30, 2026 N-PORT
VIOV · VANGUARD ADMIRAL FUNDS 0.07% 43,774 SH Aug. 8, 2026 Daily
IJS · iShares Trust 0.07% 177,179 SH Aug. 8, 2026 Daily