Adtalem Global Education Inc. (ATGE) Financial Ratios
30 years of historical data (1996–2025) · Consumer Defensive · Education & Training Services
EV/EBITDA
↓
10.85
↓-13% vs avg
5yr avg: 12.50
30Y Low6.5·High23.6
P/FCF
↑
12.85
+2% vs avg
5yr avg: 12.59
30Y Low7.1·High161.2
P/B Ratio
↑
2.85
↑+60% vs avg
5yr avg: 1.78
30Y Low0.7·High13.2
ROE
↑
16.9%
↓+44% vs avg
5yr avg: 11.8%
30Y Low-6%·High40%
Debt/EBITDA
↓
1.97
↓-52% vs avg
5yr avg: 4.09
30Y Low0.2·High7.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ATGE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Adtalem Global Education Inc. trades at 17.6x earnings, 14% below its 5-year average of 20.4x, sitting at the 21st percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 18.8x, the stock trades at a discount of 7%. On a free-cash-flow basis, the stock trades at 12.9x P/FCF, roughly in line with the 5-year average of 12.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.7B | $4.9B | $2.7B | $1.6B | $1.7B | $1.8B | $1.7B | $2.7B | $3.0B | $2.4B | $1.1B |
| Enterprise Value | $4.3B | $5.5B | $3.4B | $2.2B | $2.5B | $2.6B | $1.7B | $2.9B | $2.9B | $2.3B | $840M |
| P/E Ratio → | 17.57 | 20.96 | 20.12 | 16.75 | — | 23.92 | 6.92 | 19.67 | 89.07 | 19.87 | — |
| P/S Ratio | 2.07 | 2.73 | 1.73 | 1.08 | 1.26 | 2.05 | 1.94 | 2.16 | 2.43 | 1.34 | 0.62 |
| P/B Ratio | 2.85 | 3.40 | 2.01 | 1.07 | 1.17 | 1.23 | 1.28 | 1.91 | 1.96 | 1.45 | 0.72 |
| P/FCF | 12.85 | 16.96 | 11.14 | 9.44 | — | 12.82 | 26.51 | 19.08 | 17.35 | 13.58 | 7.08 |
| P/OCF | 10.94 | 14.43 | 9.30 | 8.16 | 164.18 | 9.58 | 15.65 | 13.05 | 12.52 | 10.66 | 4.96 |
P/E links to full P/E history page with 30-year chart
ATGE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Adtalem Global Education Inc.'s enterprise value stands at 10.9x EBITDA, 13% below its 5-year average of 12.5x. This is roughly in line with the Consumer Defensive sector median of 11.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.05 | 2.13 | 1.51 | 1.78 | 2.85 | 1.96 | 2.31 | 2.32 | 1.28 | 0.46 |
| EV / EBITDA | 10.85 | 13.86 | 11.55 | 8.09 | 11.26 | 17.75 | 8.72 | 12.66 | 10.98 | 11.83 | 11.45 |
| EV / EBIT | 12.50 | 15.77 | 12.44 | 9.68 | 15.81 | 17.20 | 7.58 | 16.86 | 13.40 | 11.53 | 5.36 |
| EV / FCF | — | 18.96 | 13.68 | 13.20 | — | 17.84 | 26.77 | 20.48 | 16.55 | 12.93 | 5.18 |
ATGE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Adtalem Global Education Inc. earns an operating margin of 19.1%, significantly above the Consumer Defensive sector average of 3.5%. Operating margins have expanded from 11.6% to 19.1% over the past 3 years, signaling improving operational efficiency. ROE of 16.9% indicates solid capital efficiency, compared to the sector median of 6.5%. ROIC of 12.8% represents solid returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.9% | 56.9% | 55.9% | 55.3% | 52.3% | 49.1% | 47.2% | 49.7% | 47.6% | 46.8% | 46.5% |
| Operating Margin | 19.1% | 19.1% | 13.7% | 11.6% | 5.6% | 12.3% | 12.7% | 15.0% | 16.9% | 7.7% | -0.7% |
| Net Profit Margin | 13.3% | 13.3% | 8.6% | 6.4% | 22.5% | 7.8% | -9.8% | 10.4% | 2.7% | 6.8% | -0.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.9% | 16.9% | 9.7% | 6.3% | 20.9% | 5.0% | -6.3% | 8.8% | 2.1% | 7.5% | -0.2% |
| ROA | 8.6% | 8.6% | 4.9% | 3.2% | 10.3% | 2.7% | -3.8% | 5.6% | 1.4% | 5.5% | -0.2% |
| ROIC | 12.8% | 12.8% | 8.0% | 5.9% | 2.6% | 4.7% | 5.6% | 9.3% | 10.5% | 7.3% | -0.7% |
| ROCE | 15.2% | 15.2% | 9.4% | 6.7% | 2.9% | 4.9% | 5.8% | 9.5% | 10.6% | 7.5% | -0.7% |
ATGE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Adtalem Global Education Inc. carries a Debt/EBITDA ratio of 2.0x, which is manageable (44% below the sector average of 3.5x). Net debt stands at $574M ($774M total debt minus $200M cash). Interest coverage of 6.5x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.54 | 0.54 | 0.62 | 0.61 | 0.72 | 0.72 | 0.39 | 0.29 | 0.19 | 0.07 | — |
| Debt / EBITDA | 1.97 | 1.97 | 2.90 | 3.31 | 4.88 | 7.39 | 2.65 | 1.77 | 1.13 | 0.64 | — |
| Net Debt / Equity | — | 0.40 | 0.46 | 0.43 | 0.48 | 0.48 | 0.01 | 0.14 | -0.09 | -0.07 | -0.19 |
| Net Debt / EBITDA | 1.46 | 1.46 | 2.15 | 2.30 | 3.29 | 4.99 | 0.08 | 0.87 | -0.53 | -0.59 | -4.20 |
| Debt / FCF | — | 2.00 | 2.55 | 3.76 | — | 5.01 | 0.26 | 1.41 | -0.80 | -0.64 | -1.90 |
| Interest Coverage | 6.53 | 6.53 | 3.41 | 2.66 | 0.59 | 2.58 | 5.64 | 9.35 | 17.92 | 15.16 | -2.05 |
ATGE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.82x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.11x to 0.82x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.82 | 0.82 | 0.86 | 1.11 | 1.32 | 1.32 | 2.00 | 1.62 | 1.88 | 1.25 | 1.43 |
| Quick Ratio | 0.82 | 0.82 | 0.86 | 1.11 | 1.32 | 1.32 | 2.00 | 1.62 | 1.88 | 1.25 | 1.43 |
| Cash Ratio | 0.39 | 0.39 | 0.45 | 0.63 | 0.82 | 0.82 | 1.47 | 0.68 | 1.19 | 0.65 | 0.86 |
| Asset Turnover | — | 0.65 | 0.58 | 0.52 | 0.46 | 0.30 | 0.39 | 0.55 | 0.53 | 0.78 | 0.88 |
| Inventory Turnover | 3451.92 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 29.84 | 29.21 | 25.85 | 21.56 | 33.14 | 36.67 | 24.60 | 43.50 | 29.99 | 32.15 |
ATGE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Adtalem Global Education Inc. returns 5.8% to shareholders annually primarily through share buybacks. The earnings yield of 5.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | 0.5% | 2.0% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | 9.3% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.7% | 4.8% | 5.0% | 6.0% | — | 4.2% | 14.4% | 5.1% | 1.1% | 5.0% | — |
| FCF Yield | 7.8% | 5.9% | 9.0% | 10.6% | — | 7.8% | 3.8% | 5.2% | 5.8% | 7.4% | 14.1% |
| Buyback Yield | 5.8% | 4.4% | 9.5% | 7.9% | 6.9% | 5.4% | 8.1% | 9.5% | 4.6% | 2.0% | 2.8% |
| Total Shareholder Yield | 5.8% | 4.4% | 9.5% | 7.9% | 6.9% | 5.4% | 8.1% | 9.5% | 4.6% | 2.5% | 4.8% |
| Shares Outstanding | — | $38M | $40M | $46M | $48M | $52M | $54M | $59M | $62M | $64M | $64M |
Peer Comparison
Compare ATGE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ATGEYou | $4B | 17.6 | 10.9 | 12.9 | 56.9% | 19.1% | 16.9% | 12.8% | 2.0 |
 PRDO | $2B | 13.2 | 8.3 | 9.3 | 71.7% | 23.2% | 16.6% | 15.3% | 0.4 |
 LAUR | $5B | 19.3 | 10.9 | 19.8 | 28.3% | 25.3% | 26.2% | 20.3% | 1.6 |
 GHC | $5B | 17.2 | 15.2 | 18.6 | 27.6% | 5.1% | 6.4% | 3.3% | 4.1 |
 STRA | $2B | 13.9 | 6.9 | 11.1 | 49.0% | 15.5% | 7.7% | 9.0% | 0.4 |
 UTI | $2B | 35.7 | 16.9 | 40.1 | 49.7% | 10.0% | 21.4% | 14.3% | 2.0 |
 CHGG | $118M | -1.1 | 11.1 | — | 60.2% | -16.8% | -66.2% | -13.4% | 5.5 |
 COUR | $906M | -17.3 | — | 8.4 | 54.6% | -10.3% | -8.3% | — | — |
 LOPE | $4B | 18.4 | 11.4 | 16.1 | 52.4% | 27.5% | 28.2% | 32.5% | 0.6 |
 ARCO | $2B | 8.5 | 6.7 | 120.1 | 12.3% | 7.5% | 33.1% | 11.1% | 4.1 |
 VRSK | $23B | 26.8 | 15.3 | 19.1 | 67.3% | 44.6% | 437.9% | 33.0% | 3.0 |
| Consumer Defensive Median | — | 18.8 | 11.0 | 15.3 | 40.8% | 3.5% | 6.5% | 5.7% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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ATGE — Frequently Asked Questions
Quick answers to the most common questions about buying ATGE stock.
What is Adtalem Global Education Inc.'s P/E ratio?
Adtalem Global Education Inc.'s current P/E ratio is 17.6x. The historical average is 29.3x. This places it at the 21th percentile of its historical range.
What is Adtalem Global Education Inc.'s EV/EBITDA?
Adtalem Global Education Inc.'s current EV/EBITDA is 10.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.0x.
What is Adtalem Global Education Inc.'s ROE?
Adtalem Global Education Inc.'s return on equity (ROE) is 16.9%. The historical average is 14.6%.
Is ATGE stock overvalued?
Based on historical data, Adtalem Global Education Inc. is trading at a P/E of 17.6x. This is at the 21th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Adtalem Global Education Inc.'s profit margins?
Adtalem Global Education Inc. has 56.9% gross margin and 19.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Adtalem Global Education Inc. have?
Adtalem Global Education Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.