Grand Canyon Education, Inc.

LOPENASDAQConsumer Defensive● Active

$151.21

$-1.36(-0.89%)

Market Cap$4.0B

P/E Ratio—

52W High$223.04

52W Low$145

Avg Volume255K

Open$151.31

Beta0.56

Overview

Grand Canyon Education, Inc. (LOPE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LOPE · free cash flow · updated Jun 8, 2026

Core FCF metrics

LOPE · FCF · TTM · margin & CAGR

Free cash flow was $238.6M for FY2025 (fiscal year ending 2025-12-31), down 5.6% year-over-year The FCF margin was 21.6%. Five-year CAGR stands at -3.1%.

FY2025 Free Cash Flow$238.6M▼ -5.6% YoY

Trailing 12M (TTM)$260.1Mtrailing 4 quarters sum

FCF Margin21.6%$238.6M ÷ revenue

3-Year CAGR+8.8%FY2022 → FY2025

5-Year CAGR-3.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LOPE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$273.5M(35M)$238.6M▼ 5.6%21.6%

FY2024$290.0M(37M)$252.7M▲ +27.5%24.5%

FY2023$243.7M(45M)$198.2M▲ +7.0%20.6%

FY2022$220.8M(36M)$185.2M▼ 34.7%20.3%

FY2021$313.1M(29M)$283.7M▲ +1.7%31.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LOPE · P/FCF · FCF yield · FCF per share

Grand Canyon Education, Inc. (LOPE) trades at a FCF yield of 6.49% and a price-to-free-cash-flow ratio of 16.2x. FCF per share stands at $9.33, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.49%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$9.33

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LOPE · cash flow statement · operating / investing / financing

For FY2025, Grand Canyon Education, Inc. generated $273.5M in operating cash flow and spent 35M in capital expenditures, yielding $238.6M in free cash flow.

Operating Activities

+$273.5M

Cash from core business operations

2025-12-31

Investing Activities

−$221.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$264.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($273.5M) − |CapEx| (35M) = FCF ($238.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

LOPE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Grand Canyon Education, Inc.YOU

LOPE

$238.6M-5.6%21.6%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Grand Canyon Education, Inc. (LOPE) reported free cash flow of $238.6M for FY2025 (fiscal year ending 2025-12-31), down 5.6% year-over-year. The FCF margin was 21.6%.

Based on available data, Grand Canyon Education, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $283.7M in FY2021. The 5-year CAGR stands at -3.1%.

Grand Canyon Education, Inc.'s FCF yield is 6.49% and price-to-FCF ratio is 16.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LOPE free cash flow · 8 questions

Grand Canyon Education, Inc. free cash flow was $238.6M for FY2025, down 5.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $260.1M.

LOPE free cash flowLOPE FCFLOPE FCF 2025LOPE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Grand Canyon Education, Inc. · Grand Canyon Education, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026