Perdoceo Education Corp
NASDAQ:PRDO
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Gross Margin
Perdoceo Education Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 1.8B USD |
Gross Margin |
82%
|
Country | ZA |
Market Cap | 17.7B Zac |
Gross Margin |
0%
|
Country | US |
Market Cap | 15B USD |
Gross Margin |
73%
|
Country | CN |
Market Cap | 10.5B USD |
Gross Margin |
53%
|
Country | ZA |
Market Cap | 7.8B Zac |
Gross Margin |
0%
|
Country | US |
Market Cap | 6.4B USD |
Gross Margin |
23%
|
Country | CN |
Market Cap | 6B USD |
Gross Margin |
54%
|
Country | ZA |
Market Cap | 5.8B Zac |
Gross Margin |
0%
|
Country | US |
Market Cap | 4.8B USD |
Gross Margin |
53%
|
Country | US |
Market Cap | 4.7B USD |
Gross Margin |
59%
|
Country | US |
Market Cap | 4.6B USD |
Gross Margin |
38%
|
Perdoceo Education Corp
Glance View
Perdoceo Education Corporation, previously known as Career Education Corporation, represents a distinctive narrative in the evolving landscape of higher education. With a foundation rooted in the late 20th century, the company has pivoted from its traditional vocational and career-focused education offerings to embrace a broader range of higher learning opportunities in recent years. Operating primarily through its two flagship institutions, Colorado Technical University (CTU) and American InterContinental University (AIU), Perdoceo leverages the growing demand for online education to serve a diverse student base. Exploiting technological advancements, both universities provide flexible learning modalities, enabling students to pursue degrees remotely—a crucial factor in catering to working adults and non-traditional students seeking career advancement. Perdoceo's economic model centers on tuition and fees derived from the expansive range of degree programs it offers. From associate to doctoral levels, the courses encompass various disciplines, driving enrollment growth. The company's commitment to providing career-focused education underlines its strategy to align academic programs with market demands, enhancing employment prospects for graduates. Financial sustainability is bolstered by strategic investments in digital infrastructure and student success initiatives, further augmented by revenue from educational services, including career counseling and support. While competition in the online education sector intensifies, Perdoceo's focus on innovation and student outcomes aims to sustain its position in a shifting educational paradigm.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Perdoceo Education Corp's most recent financial statements, the company has Gross Margin of 82.3%.