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Adtalem Global Education (ATGE)

Market Price (12/5/2025): $96.115 | Market Cap: $3.5 Bil
Sector: Consumer Discretionary | Industry: Education Services

Adtalem Global Education (ATGE)

Market Price (12/5/2025): $96.115
Market Cap: $3.5 Bil
Sector: Consumer Discretionary
Industry: Education Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 12%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 20%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
3	Attractive yield FCF Yield is 5.8%
4	Low stock price volatility Vol 12M is 50%
5	Megatrend and thematic drivers Megatrends include Future of Work & Education. Themes include Workforce Skills Development, Online & Professional Education, and Healthcare Professional Training.

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 12%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 20%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
3	Attractive yield FCF Yield is 5.8%
4	Low stock price volatility Vol 12M is 50%
5	Megatrend and thematic drivers Megatrends include Future of Work & Education. Themes include Workforce Skills Development, Online & Professional Education, and Healthcare Professional Training.

Valuation, Metrics & Events

	12/5/25	2024	2023	2022
Share Price CYE	$96.11	$90.85	$58.95	$35.50
Market Cap CYE ($ Bil)	3.5	3.4	2.4	1.6
Total Debt ($ Bil)	0.8	0.8	0.8	0.9
Total Cash ($ Bil)	0.3	0.2	0.2	0.3
Enterprise Value ($ Bil)	4.0	4.2	3.2	2.5
Valuation Ratios
P/S TTM	3.0	1.9	1.5	1.1
P/EBIT TTM	15.5	9.8	10.7	9.3
P/E TTM	22.1	14.2	17.0	17.0
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4

	12/5/25	2024
Share Price CYE	$96.11	$90.85
Market Cap CYE ($ Bil)	3.5	3.4
Total Debt ($ Bil)	0.8	0.8
Total Cash ($ Bil)	0.3	0.2
Enterprise Value ($ Bil)	4.0	4.2
Valuation Ratios
P/S TTM	3.0	1.9
P/EBIT TTM	15.5	9.8
P/E TTM	22.1	14.2
Sector Ratios
P/S TTM (Sector)	0.8	0.8
P/EBIT TTM (Sector)	7.6	8.0
P/E TTM (Sector)	10.4	11.1

	ATGE	S&P 500
REVENUE GROWTH	GOOD
Rev LTM ($ Bil)	1.8
Rev Chg Q	10.8%	7.1%
Rev Chg LTM	12.2%	6.1%
Rev Chg 3Y Avg	8.2%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.4
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	0.3
Op Mgn LTM	19.5%	18.8%
CFO/Rev LTM	20.7%	20.5%
Net Inc Mgn	13.8%	13.1%
VALUATION	MODERATE
P/S	3.0	3.2
P/CFO	14.7	15.8
P/FCF	17.3	20.5
P/E	22.1	23.5
STABILITY	GOOD
Debt/Equity	0.14	0.20
Cash/Assets	0.09	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Total Student Enrollment	97359	9302025	Link
Chamberlain University Total Student Enrollment	up 2.2% year-over-year	9302025	Link
Walden University Total Student Enrollment	up 13.6% year-over-year	9302025	Link
Medical & Veterinary Segment Total Student Enrollment	up 2.4% year-over-year	9302025	Link
Alumni Network Size	approximately 365,000	11052025	Link
Number of Employees	over 10,000	11052025	Link
Number of Operating Campuses	27	9232025	Link
Combined First-Time Residency Attainment Rate (AUC and RUSM)	95%	4222025	Link
Chamberlain University BSN Program NCLEX First-Time Pass Rate	79.40%	12312024	Link

Upcoming
1/29/2026	Earnings Release	Rev: - EPS: -

ATGE Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Adtalem Global Education (ATGE) experienced a significant stock price decline of approximately 26.6% between August 31, 2025, and December 5, 2025, with a notable drop of around 31% occurring between October 30 and October 31, 2025. This movement can be attributed to several key factors:

1. Investor Inquiry into Potential Securities Law Violations: An investor inquiry was initiated by DJS Law Group in late October 2025, investigating potential violations of securities laws by Adtalem Global Education. This inquiry focused on whether the company made misleading statements or failed to disclose material information to investors. The announcement of this investigation was a significant factor in the stock's decline, leading to an almost 30% fall in share price.

2. Analyst Report on Slowing Enrollment Growth: An analyst report published on October 30, 2025, highlighted a slowdown in growth at Adtalem's Chamberlain University unit, attributing it to marketing execution issues. This report contradicted the company's prior optimistic statements regarding sustained student demand and contributed to the negative market sentiment.

3. Concerns Over Grad PLUS Loan Program Phase-Out: There were underlying concerns among investors regarding the impending phase-out of the federal Grad PLUS loan program, which is set to begin on July 1, 2026. Lawyers involved in the investor inquiry are reviewing whether Adtalem management was aware by October 2025 that the elimination of these loans would pressure student funding, potentially contradicting earlier assurances that regulatory changes were not expected to hinder enrollment. Adtalem and Sallie Mae had announced a letter of intent in August 2025 to explore alternative financing, but the broader implications of the federal program changes remained a concern for the market.

4. Cautious Full-Year Revenue Guidance: Despite reporting strong first-quarter fiscal year 2026 results on October 30, 2025, the company's cautious full-year revenue outlook, which was in line with analyst expectations but lagged behind industry peers, weighed on investor confidence. This tempered outlook, in conjunction with other negative developments, contributed to the stock's downward pressure.

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Stock Movement Drivers

Fundamental Drivers

The -28.7% change in ATGE stock from 9/4/2025 to 12/4/2025 was primarily driven by a -33.0% change in the company's P/E Multiple.

	9042025	12042025	Change
Stock Price ($)	134.77	96.11	-28.69%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1788.29	1833.18	2.51%
Net Income Margin (%)	13.26%	13.79%	4.00%
P/E Multiple	20.49	13.73	-32.97%
Shares Outstanding (Mil)	36.04	36.11	-0.20%
Cumulative Contribution			-28.69%

LTM = Last Twelve Months as of date shown

Market Drivers

9/4/2025 to 12/4/2025

	Return	Correlation
ATGE	-28.7%
Market (SPY)	5.4%	7.8%
Sector (XLY)	-49.4%	-8.1%

Fundamental Drivers

The -24.8% change in ATGE stock from 6/5/2025 to 12/4/2025 was primarily driven by a -32.8% change in the company's P/E Multiple.

	6052025	12042025	Change
Stock Price ($)	127.85	96.11	-24.83%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1741.09	1833.18	5.29%
Net Income Margin (%)	13.34%	13.79%	3.34%
P/E Multiple	20.44	13.73	-32.83%
Shares Outstanding (Mil)	37.14	36.11	2.77%
Cumulative Contribution			-24.88%

LTM = Last Twelve Months as of date shown

Market Drivers

6/5/2025 to 12/4/2025

	Return	Correlation
ATGE	-24.8%
Market (SPY)	15.7%	9.7%
Sector (XLY)	-43.0%	-5.6%

Fundamental Drivers

The 4.9% change in ATGE stock from 12/4/2024 to 12/4/2025 was primarily driven by a 30.7% change in the company's Net Income Margin (%).

	12042024	12042025	Change
Stock Price ($)	91.64	96.11	4.88%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1633.21	1833.18	12.24%
Net Income Margin (%)	10.55%	13.79%	30.68%
P/E Multiple	20.06	13.73	-31.55%
Shares Outstanding (Mil)	37.72	36.11	4.27%
Cumulative Contribution			4.69%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2024 to 12/4/2025

	Return	Correlation
ATGE	4.9%
Market (SPY)	13.7%	32.1%
Sector (XLY)	-47.0%	9.0%

Fundamental Drivers

The 143.6% change in ATGE stock from 12/5/2022 to 12/4/2025 was primarily driven by a 186.7% change in the company's P/E Multiple.

	12052022	12042025	Change
Stock Price ($)	39.46	96.11	143.56%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1450.39	1833.18	26.39%
Net Income Margin (%)	25.71%	13.79%	-46.38%
P/E Multiple	4.79	13.73	186.66%
Shares Outstanding (Mil)	45.27	36.11	20.24%
Cumulative Contribution			133.59%

LTM = Last Twelve Months as of date shown

Market Drivers

12/5/2023 to 12/4/2025

	Return	Correlation
ATGE	61.8%
Market (SPY)	53.3%	31.3%
Sector (XLY)	-29.2%	11.5%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ATGE Return	-3%	-13%	20%	66%	54%	6%	175%
Peers Return	-6%	-13%	-4%	10%	32%	10%	26%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	112%
Monthly Win Rates [3]
ATGE Win Rate	42%	58%	42%	75%	50%	50%
Peers Win Rate	18%	37%	27%	33%	40%	42%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
ATGE Max Drawdown	-39%	-19%	-33%	-5%	-23%	-2%
Peers Max Drawdown	-15%	-16%	-19%	-17%	-3%	-21%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: LAUR, STRA, FUN, APEI, FCHL. See ATGE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/4/2025 (YTD)

How Low Can It Go

Unique Key	Event	ATGE	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-52.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	111.2%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	247 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-41.8%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	71.8%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	131 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-48.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	95.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	1493 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-37.7%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	60.5%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	268 days	1480 days

Compare to LAUR, STRA, FUN, APEI, FCHL

In The Past

Adtalem Global Education's stock fell -52.7% during the 2022 Inflation Shock from a high on 3/12/2021. A -52.7% loss requires a 111.2% gain to breakeven.

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About Adtalem Global Education (ATGE)

Adtalem Global Education Inc. provides workforce solutions worldwide. It operates through two segments, Medical and Healthcare; and Financial Services. The Medical and Healthcare segment offers degree and non-degree programs in the medical and healthcare postsecondary education industry. This segment operates Chamberlain University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The Financial Services segment provides test preparation, certifications, conferences, seminars, memberships, and subscriptions to business professionals in the areas of accounting, anti-money laundering, banking, and mortgage lending. It operates Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, OnCourse Learning, and EduPristine. The company was formerly known as DeVry Education Group Inc. and changed its name to Adtalem Global Education Inc. in May 2017. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois.

AI Generated Analysis | Feedback

Here are a few analogies for Adtalem Global Education (ATGE):

Like a Kaplan that also owns full universities specializing in healthcare and finance degrees.
Like a University of Phoenix but dedicated to specific professions like nursing and financial services.

AI Generated Analysis | Feedback

Walden University: Provides online higher education, offering bachelor's, master's, and doctoral degrees across various fields including healthcare, education, business, and public policy.
Chamberlain University: Offers healthcare education programs, with a primary focus on nursing degrees from bachelor's to doctoral levels, along with other health professions.
Ross University School of Medicine (RUSM): Delivers medical education programs leading to a Doctor of Medicine (MD) degree for aspiring physicians.
Ross University School of Veterinary Medicine (RUSVM): Provides veterinary education programs culminating in a Doctor of Veterinary Medicine (DVM) degree.
American University of the Caribbean School of Medicine (AUC): Offers medical education programs for students pursuing a Doctor of Medicine (MD) degree.

AI Generated Analysis | Feedback

Adtalem Global Education (symbol: ATGE) primarily sells its educational services directly to **individuals**, who are students pursuing various academic and career goals through its institutions. The company does not have major corporate customers in the traditional B2B sense where other companies would purchase services wholesale from Adtalem. While Adtalem may partner with organizations for tuition benefits or specific training programs, the ultimate customer receiving the education is an individual student.

Based on its portfolio of institutions, Adtalem serves two primary categories of individual customers:

1. Aspiring Healthcare Professionals

This category includes individuals enrolling in Adtalem's medical and healthcare-focused institutions: American University of the Caribbean School of Medicine (AUC), Ross University School of Medicine (RUSM), Ross University School of Veterinary Medicine (RUSVM), and Chamberlain University. These students are pursuing undergraduate and graduate degrees to become nurses, doctors, veterinarians, and other allied health professionals. They typically range from recent high school and college graduates to individuals making a career change into the healthcare sector.

2. Working Professionals and Adult Learners

This category primarily encompasses students attending Walden University. These individuals are often already in the workforce and are seeking online or flexible programs to earn bachelor's degree completion, master's degrees, or doctoral degrees. Their motivations typically involve career advancement, professional development, skill enhancement, or transitioning into new professions across diverse fields such as business, education, psychology, public health, and information technology. This segment values the flexibility and accessibility of online learning to balance education with existing work and personal commitments.

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Stephen W. Beard

Chairman and Chief Executive Officer

Stephen W. Beard was appointed CEO of Adtalem Global Education in September 2021 and elected Chairman in 2024. He is credited with engineering Adtalem's strategic transformation into a healthcare-focused education provider. Before his CEO role, Beard served as Adtalem's Chief Operating Officer, overseeing the Financial Services segment and leading strategy, corporate development, and external relations. Prior to joining Adtalem, he was Executive Vice President, Chief Administrative Officer, and General Counsel at Heidrick & Struggles International (NASDAQ: HSII), where he spearheaded the firm's expansion into organizational consulting and culture shaping. His earlier career included practicing corporate and securities law at Schiff Hardin & Waite (now ArentFox Schiff LLP), with a focus on mergers and acquisitions and corporate governance. He began his professional career as a law clerk for the Honorable Frank Sullivan, Jr. of the Indiana Supreme Court.

Robert J. Phelan

Senior Vice President, Chief Financial Officer

Robert J. Phelan was appointed Chief Financial Officer of Adtalem Global Education in October 2021. In this role, he is responsible for Adtalem's finance, accounting, treasury, risk management, tax, strategic sourcing, internal audit, real estate, and cybersecurity functions. Phelan joined the company in February 2020 and previously served as interim Chief Financial Officer and Vice President and Chief Accounting Officer. Before his tenure at Adtalem, he spent more than 23 years at Sears Holding Corporation, where he advanced through various senior financial and operational leadership positions, culminating in his role as Senior Vice President and Corporate Controller. He started his career in the audit practice at KPMG.

Scott Liles

President, Adtalem Medical and Veterinary

Scott Liles serves as the President of Adtalem Medical and Veterinary. He holds an MBA and MEc.

Michael Betz

Chief Digital Officer and President, Walden University

Michael Betz is the Chief Digital Officer of Adtalem and also serves as the President of Walden University.

Maurice Herrera

Senior Vice President, Chief Marketing Officer

Maurice Herrera holds the position of Senior Vice President and Chief Marketing Officer at Adtalem Global Education.

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AI Generated Analysis | Feedback

The emergence of advanced AI-powered personalized learning and exam preparation platforms poses a clear emerging threat to Adtalem Global Education’s Becker Professional Education segment. These platforms are increasingly capable of delivering highly adaptive study materials, generating limitless practice questions, and providing immediate, tailored feedback at potentially lower costs, offering a superior and more flexible alternative to traditional professional certification exam review courses.

AI Generated Analysis | Feedback

Adtalem Global Education (ATGE) primarily focuses on healthcare education, encompassing nursing, medicine, and veterinary medicine. They also offer programs in social and behavioral sciences through Walden University.

Addressable Market Sizes:

Healthcare Education Market (U.S.):
- The U.S. healthcare education market was valued at approximately USD 39.24 billion in 2023 and is projected to reach USD 61.44 billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 9.4%.
- Another estimate places the global healthcare education market at USD 124.71 billion in 2024, with North America holding the largest revenue share of 39.2% in 2024.
- The global healthcare education market size was estimated at USD 118.22 billion in 2024 and is predicted to increase to approximately USD 268.00 billion by 2034, with a CAGR of 8.53%. North America is expected to grow at a significant rate.
Nursing Education Market (U.S.):
- The U.S. nursing education market was valued at USD 9.7 billion in 2024 and is expected to grow to USD 16.1 billion by 2034, at a CAGR of 5.3% from 2025 to 2034.
- Another report indicates the U.S. nursing education market size is forecast to increase by USD 161.9 billion, at a CAGR of 30% between 2024 and 2029.
- Globally, the nursing education market was valued at USD 26.6 billion in 2024 and is expected to reach USD 49.4 billion in 2034, with North America holding the highest market share of 37.3% in 2024.
Medical Education Market (U.S. / Global, with North America leading):
- The global medical education market was valued at approximately US$ 83.2 billion in 2024. North America held the largest market share in 2024.
- The global medical education market is projected to reach a value of US$ 35.11 billion in 2024 and US$ 57.95 billion by the end of 2034, at a CAGR of 5.1%.
- Another estimate for the global medical education market valued it at USD 46.30 billion in 2024, with an anticipated growth to USD 79.09 billion by 2034 at a CAGR of 5.50%. North America, particularly the United States, is expected to lead this market.
- The global medical education market size is forecast to increase by USD 294.5 billion, at a CAGR of 18.4% between 2024 and 2029, with North America estimated to contribute 34% to this growth.
Veterinary Education Market (U.S. / Global, with North America leading):
- The U.S. veterinary education market was valued at USD 754.4 million in 2024 and is projected to reach USD 1.16 billion by 2030, growing at a CAGR of 7.62%.
- The global veterinary education market size was estimated at USD 2.99 billion in 2023 and is anticipated to grow at a CAGR of 5.9% from 2024 to 2030.
- The global veterinary education market was valued at USD 3.18 billion in 2024 and is expected to reach USD 4.52 billion by 2030, with a CAGR of 6.01%. North America was the dominant region in this market in 2024.
Financial Services Education Market (U.S.):
- Spending on financial education in the U.S. (by federal, state, and local governments, non-profit organizations, and charitable foundations) was approximately $670 million.

AI Generated Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Adtalem Global Education (ATGE) over the next 2-3 years:

Sustained Enrollment Growth: Adtalem Global Education has consistently reported enrollment growth across its institutions, including Chamberlain University, Walden University, and its Medical and Veterinary segments. This trend is expected to continue, driven by ongoing demand in the healthcare education sector and the company's "Growth with Purpose" strategy, which focuses on optimizing marketing, enrollment, and retention efforts. For instance, total student enrollment increased by 2.2% in a recent quarter, marking the 11th consecutive quarter of growth. Chamberlain University and Walden University have shown strong enrollment increases, with Chamberlain achieving its highest-ever total enrollment for the second consecutive year.
Strategic Pricing Optimization: The company has identified pricing optimization as a contributing factor to its revenue growth. This suggests a continued strategic approach to tuition and fees that balances competitiveness with value, thereby enhancing revenue per student.
Expansion of Program Offerings and Capacity: Adtalem is investing in and expanding its educational offerings, such as the pre-licensure Bachelor of Science in Nursing (BSN) Online program. There is also a focus on bringing new capacity to market and exploring new opportunities in high-demand areas like Allied Health, which are driven by employer needs. New partnerships, such as the SSM Health Aspiring Nurse program, also contribute to expanding access and program reach.
Strategic Partnerships and Acquisitions: Adtalem is actively pursuing strategic partnerships, such as the collaboration with Sinai Chicago for clinical rotations, to enhance the educational experience and address healthcare workforce needs. The company's strategy also includes considering "bolt-on acquisitions to enhance capabilities and expand geographically," indicating potential revenue growth through inorganic means.

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Share Repurchases

Adtalem Global Education completed a $300 million share repurchase program on May 5, 2025.
Since February 2022, the company has returned $763 million to shareholders, reducing shares outstanding by 28% at an average share repurchase price of approximately $49.
A new $150 million share repurchase program was authorized by the board of directors through May 2028, with plans announced on November 5, 2025, to accelerate the execution of the remaining $136 million balance.

Share Issuance

As of July 31, 2024, there were 37,689,832 shares of common stock outstanding.
By July 31, 2025, the number of outstanding common shares was 35,955,712.

Inbound Investments

Adtalem Global Education has raised funding across 5 rounds, with the first in 2020.
The company's latest funding round was a $1.2 million Grant (prize money) in 2024, with HRSA participating as an investor.

Outbound Investments

Adtalem Global Education has acquired 8 companies, including Walden University.
The company has strategically transformed by divesting less profitable, non-healthcare units like DeVry University to focus on nursing, medicine, public health, and psychology segments.

Capital Expenditures

Capital expenditures increased by $18 million on a trailing 12-month basis in the first quarter of fiscal year 2025 (ended September 30, 2024).
The company makes planned capital investments to expand its reach and impact within the healthcare education market.
Adtalem is strategically investing to remove access barriers and expand capacity in its healthcare career-oriented programs.

Better Bets than Adtalem Global Education (ATGE)

	ATGE	Better Performance than ATGE
Metric	Value	INDUSTRY: Education Services
Rev Chg LTM	12.2%	DUOL (39.9%), PRDO (24.2%), LRN (17.3%), UTI (14.6%), LINC (14.5%)
Rev Chg 3Y Avg	8.2%	DUOL (41.7%), UTI (26.2%), LRN (13.1%), LAUR (10.1%), GHC (9.7%)
Op Mgn LTM	19.5%	PRDO (27.9%), LOPE (27.2%), LAUR (23.7%)
CFO/Rev LTM	20.7%	DUOL (37.7%), LOPE (25.6%), PRDO (25.0%)
FCF/Rev LTM	17.6%	DUOL (36.0%), PRDO (24.0%), LOPE (22.2%)
Total Yield	4.5%	GHC (14.7%), STRA (8.9%), PRDO (7.9%), APEI (5.2%), LRN (4.9%)
P/S	3.0	GHC (1.0), STRA (1.5), LRN (2.6), LAUR (2.9), PRDO (3.0)
P/Op Inc	15.6	STRA (10.7), PRDO (10.7), APEI (11.3), LAUR (12.4), LRN (14.6)

	ATGE	Better Performance than ATGE
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	12.2%	CVNA (45.5%), MELI (36.9%), DASH (24.5%), CPNG (16.6%), BKNG (13.0%)
Rev Chg 3Y Avg	8.2%	MELI (39.5%), DASH (27.8%), BKNG (17.8%), AMZN (11.3%), TSLA (9.3%)
Op Mgn LTM	19.5%	MCD (46.1%), BKNG (34.5%), RCL (26.4%), ABNB (22.6%), HLT (22.0%)
CFO/Rev LTM	20.7%	MCD (39.9%), ABNB (38.4%), MELI (37.5%), RCL (36.2%), BKNG (33.2%)
FCF/Rev LTM	17.6%	ABNB (38.4%), MELI (32.9%), BKNG (31.9%), MCD (28.1%), HLT (19.6%)
Total Yield	4.5%	LOW (7.6%), HD (6.5%), MCD (6.2%), SBUX (5.1%), TJX (4.9%)
P/S	3.0	LOW (1.5), HD (2.2), NKE (2.2), TJX (2.4), SBUX (2.8)
P/Op Inc	15.6	GM (7.1), DHI (8.0), LOW (12.0), LVS (13.0), F (13.2)

	ATGE	Better Performance than ATGE
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	12.2%	NVDA (71.6%), AVGO (28.0%), META (21.3%), MSFT (15.6%), GOOGL (13.4%)
Rev Chg 3Y Avg	8.2%	NVDA (92.0%), AVGO (24.0%), META (17.3%), MSFT (13.2%), GOOGL (11.0%)
Op Mgn LTM	19.5%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	20.7%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	17.6%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	4.5%	XOM (10.3%), JNJ (8.4%), JPM (6.7%), BRK-B (6.2%), GOOGL (4.6%)
P/S	3.0	UNH (0.7), WMT (1.1), XOM (1.4), COST (1.5), BRK-B (2.7)
P/Op Inc	15.6	MRK (9.4), UNH (11.9), XOM (12.4), TMUS (13.9), QCOM (14.5)

		Best Bets In Consumer Discretionary Sector
	ATGE	ABNB	BKNG	MCD	ETSY	LOPE	ALSN	GRMN	CROX	WH	YUM
What You Pay
P/E	22.1	28.2	34.7	25.7	36.2	28.8	10.2	30.2	19.7	18.1	29.2
P/EBIT	15.5	27.4	20.8	17.7	15.9	19.2	7.5	26.7	17.2	10.6	16.9
What You Get
Rev Chg Q	10.8%	9.7%	12.7%	3.0%	2.4%	9.6%	-15.9%	11.7%	3.4%	-3.5%	8.4%
Rev Chg LTM	12.2%	10.2%	13.0%	1.2%	2.0%	7.0%	-4.2%	16.6%	2.0%	3.4%	11.6%
Rev Chg 3Y Avg	8.2%	14.2%	17.8%	4.2%	4.9%	6.5%	4.6%	12.2%	14.5%	-2.5%	6.4%
FCF/Rev 3Y Avg	14.5%	40.2%	35.6%	27.4%	23.8%	21.8%	21.0%	20.5%	19.8%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Time To Buy Adtalem Global Education Stock?	Buy or Fear
2	Would You Still Hold Adtalem Global Education Stock If It Fell Another 30%?	Return
3	Adtalem Global Education vs Apollo Asset Management: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	Adtalem Global Education vs Deckers Outdoor: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	How Does Adtalem Global Education Stock Stack Up Against Its Peers?	Peer Comparison
6	Better Bet Than ATGE Stock: Pay Less Than Adtalem Global Education To Get More From CALM, HHH
7	ATGE Dip Buy Analysis
8	Adtalem Global Education Total Shareholder Return (TSR): 86.5% in 2025 and 52.4% 3-yr compounded annual returns (above peer average)
9	Adtalem Global Education (ATGE) Operating Cash Flow Comparison	Financials
10	Adtalem Global Education (ATGE) Net Income Comparison	Financials
11	ARTICLES
12	Adtalem Global Education Stock To $127?		November 1st, 2025
13	Adtalem Global Education Stock Fell 31% in a Day, What Now?		November 1st, 2025
14	Small Cap Stocks Trading At 52-Week High		September 9th, 2025
15	Better Bet Than Grand Canyon Education Stock: Pay Less To Get More From LRN, ATGE		August 26th, 2025

	Title
0	DASHBOARDS
1	Time To Buy Adtalem Global Education Stock?
2	Would You Still Hold Adtalem Global Education Stock If It Fell Another 30%?
3	Adtalem Global Education vs Apollo Asset Management: Which Is A Better Investment?
4	Adtalem Global Education vs Deckers Outdoor: Which Is A Better Investment?
5	How Does Adtalem Global Education Stock Stack Up Against Its Peers?
6	Better Bet Than ATGE Stock: Pay Less Than Adtalem Global Education To Get More From CALM, HHH
7	ATGE Dip Buy Analysis
8	Adtalem Global Education Total Shareholder Return (TSR): 86.5% in 2025 and 52.4% 3-yr compounded annual returns (above peer average)
9	Adtalem Global Education (ATGE) Operating Cash Flow Comparison
10	Adtalem Global Education (ATGE) Net Income Comparison
11	ARTICLES
12	Adtalem Global Education Stock To $127?
13	Adtalem Global Education Stock Fell 31% in a Day, What Now?
14	Small Cap Stocks Trading At 52-Week High
15	Better Bet Than Grand Canyon Education Stock: Pay Less To Get More From LRN, ATGE

Trade Ideas

Select past ideas related to ATGE. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%
ATGE_10312025_Quality_Momentum_RoomToRun_10%	10312025	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.7%	-3.7%	-8.8%
ATGE_1312024_Quality_Momentum_RoomToRun_10%	01312024	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	55.3%	102.9%	-9.7%
ATGE_2282022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	02282022	ATGE	Adtalem Global Education	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	85.9%	88.3%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%
ATGE_10312025_Quality_Momentum_RoomToRun_10%	10312025	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.7%	-3.7%	-8.8%
ATGE_1312024_Quality_Momentum_RoomToRun_10%	01312024	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	55.3%	102.9%	-9.7%
ATGE_2282022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	02282022	ATGE	Adtalem Global Education	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	85.9%	88.3%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
LXP	LXP Industrial Trust	2.8	406.1%	25.7%
OLMA	Olema Pharmaceuticals	2.4	237.1%	374.1%
COGT	Cogent Biosciences	5.4	178.2%	404.0%
CDTX	Cidara Therapeutics	5.9	119.6%	720.3%
SGML	Sigma Lithium	1.1	113.2%	-11.1%
IRWD	Ironwood Pharmaceuticals	0.6	99.5%	-15.8%
ALMS	Alumis	0.6	82.4%	5.6%
NPCE	NeuroPace	0.6	80.5%	51.7%
BW	Babcock & Wilcox Enterprises	0.7	80.5%	311.6%
CBLL	CeriBell	0.7	75.4%	-26.0%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CCOI	Cogent Communications	0.9	-53.0%	-74.0%
UP	Wheels Up Experience	0.5	-48.0%	-60.0%
TLRY	Tilray Brands	7.7	-41.8%	-45.7%
AMSC	American Superconductor	1.4	-41.4%	34.0%
CTEV	Claritev	0.6	-41.2%
BTDR	Bitdeer Technologies	2.5	-40.7%	-41.6%
FRMI	Fermi	11.1	-40.2%
JANX	Janux Therapeutics	1.0	-39.3%	-69.4%
ARDT	Ardent Health	1.2	-39.1%	-48.1%
SMR	NuScale Power	3.4	-35.9%	27.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

Peer Comparisons for Adtalem Global Education

Peers to compare with:

Financials

	ATGE	LAUR	STRA	FUN	APEI	FCHL	Median
Name	Adtalem .	Laureate.	Strategi.	Six Flag.	American.	Fitness .
Mkt Price	96.11	31.08	80.21	15.32	35.09	0.34	33.09
Mkt Cap	3.5	4.6	1.8	1.5	0.6	-	1.8
Rev LTM	1,833	1,584	1,256	3,138	645	-	1,584
Op Inc LTM	358	376	182	248	49	-	248
FCF LTM	323	240	132	-169	50	-	132
FCF 3Y Avg	243	193	109	22	26	-	109
CFO LTM	379	314	175	333	67	-	314
CFO 3Y Avg	288	260	149	353	43	-	260

Growth & Margins

	ATGE	LAUR	STRA	FUN	APEI	FCHL	Median
Name	Adtalem .	Laureate.	Strategi.	Six Flag.	American.	Fitness .
Rev Chg LTM	12.2%	2.0%	3.7%	31.1%	5.5%	-	5.5%
Rev Chg 3Y Avg	8.2%	10.1%	5.6%	21.3%	5.0%	-	8.2%
Rev Chg Q	10.8%	8.6%	4.6%	-2.3%	6.5%	-	6.5%
QoQ Delta Rev Chg LTM	2.5%	2.0%	1.1%	-1.0%	1.6%	-	1.6%
Op Mgn LTM	19.5%	23.7%	14.5%	7.9%	7.5%	-	14.5%
Op Mgn 3Y Avg	17.1%	22.9%	12.0%	13.9%	4.2%	-	13.9%
QoQ Delta Op Mgn LTM	0.3%	-0.5%	1.0%	3.5%	0.5%	-	0.5%
CFO/Rev LTM	20.7%	19.8%	13.9%	10.6%	10.5%	-	13.9%
CFO/Rev 3Y Avg	17.3%	17.0%	12.4%	15.2%	6.9%	-	15.2%
FCF/Rev LTM	17.6%	15.2%	10.5%	-5.4%	7.8%	-	10.5%
FCF/Rev 3Y Avg	14.5%	12.6%	9.0%	2.0%	4.1%	-	9.0%

Valuation

	ATGE	LAUR	STRA	FUN	APEI	FCHL	Median
Name	Adtalem .	Laureate.	Strategi.	Six Flag.	American.	Fitness .
Mkt Cap	3.5	4.6	1.8	1.5	0.6	-	1.8
P/S	3.0	2.9	1.5	0.7	0.9	-	1.5
P/EBIT	15.5	12.6	10.7	-1.7	12.2	-	12.2
P/E	22.1	22.8	17.0	-1.3	19.2	-	19.2
P/CFO	14.7	14.8	11.1	6.9	8.1	-	11.1
Total Yield	4.5%	4.4%	8.9%	-75.1%	5.2%	-	4.5%
Dividend Yield	0.0%	0.0%	3.0%	0.0%	0.0%	-	0.0%
FCF Yield 3Y Avg	7.9%	6.5%	5.4%	-	5.1%	-	6.0%
D/E	0.1	0.1	0.1	2.3	0.4	-	0.1
Net D/E	0.1	0.0	-0.0	2.3	0.0	-	0.0

Returns

	ATGE	LAUR	STRA	FUN	APEI	FCHL	Median
Name	Adtalem .	Laureate.	Strategi.	Six Flag.	American.	Fitness .
1M Rtn	4.2%	4.8%	7.7%	-27.6%	11.4%	-16.8%	4.5%
3M Rtn	-28.7%	12.1%	-1.9%	-40.1%	10.6%	-92.0%	-15.3%
6M Rtn	-24.8%	39.6%	-9.1%	-53.4%	24.7%	-	-9.1%
12M Rtn	4.9%	65.4%	-17.4%	-68.3%	66.6%	-	4.9%
3Y Rtn	143.6%	222.7%	9.2%	-	153.9%	-	148.8%
1M Excs Rtn	3.0%	3.5%	6.5%	-28.9%	10.1%	-18.0%	3.2%
3M Excs Rtn	-34.3%	5.8%	-7.2%	-44.4%	5.3%	-98.4%	-20.7%
6M Excs Rtn	-40.3%	24.2%	-24.6%	-68.8%	9.2%	-	-24.6%
12M Excs Rtn	-8.4%	51.7%	-30.3%	-81.7%	55.4%	-	-8.4%
3Y Excs Rtn	62.8%	147.2%	-64.9%	-	93.4%	-	78.1%

Comparison Analyses

	Title
0	How Does Adtalem Global Education Stock Stack Up Against Its Peers?
1	Adtalem Global Education vs. Strategic Education: With Return Forecast Of 36%, Strategic Education Is A Better Bet
2	Adtalem Global Education vs. Verisign CA: Similar Revenue, Similar Bets
3	Adtalem Global Education vs. HubSpot: Similar Revenue, But HubSpot Is A Better Bet
4	Adtalem Global Education vs. The Trade Desk: Similar Revenue, But The Trade Desk Is A Better Bet
5	Adtalem Global Education vs. Tootsie Roll Industries: Similar Market Cap, But Adtalem Global Education Is A Better Bet
6	Adtalem Global Education vs. DineEquity: Similar Market Cap, But DineEquity Is A Better Bet
7	Adtalem Global Education vs. 2U: Similar Market Cap, But 2U Is A Better Bet
8	Adtalem Global Education vs CoStar Group: Similar Income; Which Stock Is A Better Bet?
9	Adtalem Global Education vs Corcept Therapeutics: Similar Market Cap; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 6/30	LTM	2025	2024	2023	2022	2021	2020
Period End	9/30/2025	6/30/2025	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020
Filing Date	10/30/2025	8/7/2025	8/6/2024	8/10/2023	8/11/2022	8/19/2021	8/18/2020
Key Financials
Total Revenue	1,833	1,788	1,585	1,451	1,382	899	866
EBITDA	444	427	326	321	234	202	310
Operating Income	358	345	253	216	156	149	129
Net Income	253	237	137	93	311	70	-85
EPS	6.88	6.39	3.47	2.08	6.43	1.36	-1.59
Growth Rates
Total Revenue Growth	12.2%	12.9%	9.2%	5.0%	53.7%	3.8%	-14.5%
EBITDA Growth	23.7%	31.0%	1.5%	37.3%	16.1%	-34.9%	54.5%
Operating Income Growth	23.0%	36.2%	17.0%	39.1%	4.5%	15.4%	-29.4%
Net Income Growth	46.7%	73.3%	46.5%	-70.0%	344.1%	182.1%	-189.7%
Margins
EBITDA Margin	24.2%	23.9%	20.6%	22.2%	16.9%	22.4%	35.7%
Operating Income Margin	19.5%	19.3%	16.0%	14.9%	11.3%	16.6%	14.9%
Net Income Margin	13.8%	13.3%	8.6%	6.4%	22.5%	7.8%	-9.8%
Cash & Debt
Total Cash	265	200	219	272	347	476	509
Total Debt	776	774	848	896	1,067	1,292	517
Net Debt / (Cash)	511	574	629	624	720	815	7
Cash Flows
Net Cash from Operations	379	338	296	192	11	192	108
Free Cash from Operations	323	288	247	166	-20	152	68
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	188	213	262	123	120	100	137

$ Mil \| FY: 6/30	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	10/30/2025	8/7/2025	5/8/2025	1/30/2025	10/29/2024	8/6/2024	5/2/2024	1/30/2024	10/26/2023	8/10/2023	5/2/2023	2/2/2023
Key Financials Quarterly
Total Revenue	462	457	466	448	417	410	413	393	369	365	369	363
Ebitda	107	98	115	124	90	93	88	88	58	74	96	79
Operating Income	86	77	91	104	72	73	81	66	34	48	59	62
Net Income	62	54	61	76	46	49	37	40	11	22	46	25
EPS	1.71	1.50	1.64	2.03	1.22	1.29	0.95	1.00	0.26	0.51	1.02	0.54
Key Financials TTM
Total Revenue TTM	1,833	1,788	1,741	1,688	1,633	1,585	1,539	1,496	1,465	1,451	1,447	1,442
Ebitda TTM	444	428	422	396	359	327	308	315	307	322	327	313
Operating Income TTM	358	345	340	330	291	253	228	206	202	216	235	226
Net Income TTM	253	237	232	208	172	137	110	119	103	93	78	380
Growth Rates Quarterly
Total Revenue Growth	10.8%	11.5%	12.9%	13.9%	13.2%	12.4%	11.8%	8.4%	4.1%	1.1%	1.3%	-2.3%
EBITDA Growth	18.2%	5.6%	30.6%	41.5%	56.4%	25.5%	-8.1%	10.7%	-20.6%	-6.1%	17.4%	-1.1%
Operating Income Growth	18.6%	6.2%	12.9%	58.9%	111.9%	52.8%	37.3%	6.3%	-29.2%	-28.1%	18.9%	66.0%
Net Income Growth	33.9%	9.7%	65.2%	90.2%	333.6%	122.2%	-19.7%	61.8%	1698.3%	229.7%	-86.8%	38.1%
Margins Quarterly
EBITDA Margin	23.1%	21.5%	24.7%	27.7%	21.6%	22.7%	21.3%	22.3%	15.7%	20.3%	26.0%	21.8%
Operating Income Margin	18.6%	16.9%	19.5%	23.3%	17.3%	17.8%	19.5%	16.7%	9.3%	13.1%	15.9%	17.0%
Net Income Margin	13.4%	11.9%	13.1%	16.9%	11.1%	12.1%	8.9%	10.1%	2.9%	6.1%	12.4%	6.8%
Cash & Debt
Total Cash	265	200	219	194	265	219	180	183	262	272	315	208
Total Debt	776	774	781	865	843	848	840	897	892	896	905	909
Net Debt / (Cash)	511	574	562	671	579	629	661	714	629	624	590	701
Cash Flows Quarterly
FCF from Operations	131	60	208	-19	89	60	154	-13	95	42	108	-50
Cash Flows TTM
FCF from Operations TTM	379	338	338	284	290	296	278	232	196	192	108	51
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	8	67	72	41	33	12	90	70	90	78	45	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	53.3%	42.8%	49.7%	48.0%	39.6%	42.1%	38.1%	30.5%	17.6%	25.7%	39.5%	29.8%
Return on Invested Capital (ROIC) TTM
ROIC TTM	54.7%	46.8%	48.6%	39.7%	41.7%	33.8%	28.0%	25.6%	28.9%	31.5%	28.9%	20.1%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Chamberlain	634	571	558	564
Walden	595	534	485
Medical and Veterinary	356	346	339	343
Financial Services					186
Medical and Healthcare					866
Total	1,585	1,451	1,382	907	1,052

Operating Income by Segment

$ Mil	2025	2024	2023	2022	2021
Chamberlain	138	136	127	129
Walden	131	110	105
Medical and Veterinary	72	67	69	68
Asset impairments	0
Strategic advisory costs	0
Loss on assets held for sale	-1	0
Debt modification costs	-1	0
Restructuring expense	-2	-19	-26	-7	-29
Litigation reserve	-18	-10	0
Home Office	-31	-26	-33	-40	-24
Business integration expense	-34	-43	-53	-32
Amortization of acquired intangible assets	-36	-61	-97
CEO transition costs		0	-6
Deferred revenue adjustment		0	-9
Gain on sale of assets		13	0		5
Financial Services					22
Medical and Healthcare					168
Total	217	168	77	118	142

Price Behavior

Price Behavior

Market Price	$96.11
Market Cap ($ Bil)	3.5
First Trading Date	06/28/1991
Distance from 52W High	-37.8%
	50 Days	200 Days
DMA Price	$123.02	$119.05
DMA Trend	indeterminate	down
Distance from DMA	-21.9%	-19.3%
	3M	1YR
Volatility	70.0%	49.9%
Downside Capture	66.40	51.48
Upside Capture	-112.68	49.47
Correlation (SPY)	7.6%	32.1%

ATGE Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	-0.01	0.34	0.46	0.48	0.81	0.77
Up Beta	1.45	2.30	1.83	2.10	0.88	0.93
Down Beta	1.38	0.52	0.68	0.37	1.12	0.81
Up Capture	-377%	-190%	-92%	-42%	35%	45%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	9	19	35	66	138	412
Down Capture	127%	107%	69%	47%	64%	81%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	22	27	58	109	329

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of ATGE With Other Asset Classes (Last 1Y)
	ATGE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	5.1%	-46.1%	14.6%	57.6%	4.7%	-5.6%	-3.5%
Annualized Volatility	49.6%	55.9%	19.6%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	0.29	-0.77	0.57	2.22	0.10	-0.47	0.03
Correlation With Other Assets		9.1%	32.1%	5.6%	5.1%	29.2%	14.6%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of ATGE With Other Asset Classes (Last 5Y)
	ATGE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	26.9%	-4.8%	15.1%	18.0%	11.7%	4.8%	40.5%
Annualized Volatility	41.9%	32.7%	17.1%	15.5%	18.8%	19.0%	49.0%
Sharpe Ratio	0.70	-0.04	0.71	0.93	0.51	0.17	0.68
Correlation With Other Assets		18.4%	30.0%	3.4%	7.0%	24.5%	13.6%

Based On 10-Year Data

		Comparison of ATGE With Other Asset Classes (Last 10Y)
	ATGE	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	15.3%	5.0%	14.5%	14.2%	5.7%	5.3%	76.1%
Annualized Volatility	41.0%	27.1%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.49	0.24	0.69	0.79	0.25	0.23	0.94
Correlation With Other Assets		26.3%	36.0%	-0.2%	13.1%	28.3%	10.0%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	949,846
Short Interest: % Change Since 10312025	1.9%
Average Daily Volume	850,002
Days-to-Cover Short Interest	1.12
Basic Shares Quantity	36,111,000
Short % of Basic Shares	2.6%

Returns Analyses

	Title
0	Would You Still Hold Adtalem Global Education Stock If It Fell Another 30%?
1	Adtalem Global Education Stock Return Comparison
2	Adtalem Global Education (ATGE) Stock Movement Probability: AI Predicts ATGE Stock Price To Move Up 0.5% In A Week
3	Adtalem Global Education Total Shareholder Return (TSR): -4.5% in 2023 and 3.3% 3-yr returns (above peer average)

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	10302025	10-Q 9/30/2025
6302025	8072025	10-K 6/30/2025
3312025	5082025	10-Q 3/31/2025
12312024	1302025	10-Q 12/31/2024
9302024	10292024	10-Q 9/30/2024
6302024	8062024	10-K 6/30/2024
3312024	5022024	10-Q 3/31/2024
12312023	1302024	10-Q 12/31/2023
9302023	10262023	10-Q 9/30/2023
6302023	8102023	10-K 6/30/2023
3312023	5022023	10-Q 3/31/2023
12312022	2022023	10-Q 12/31/2022
9302022	11032022	10-Q 9/30/2022
6302022	8112022	10-K 6/30/2022
3312022	5052022	10-Q 3/31/2022
12312021	2082022	10-Q 12/31/2021

External Quote Links

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Adtalem Global Education (ATGE)

Market Price (12/5/2025): $96.115 | Market Cap: $3.5 BilSector: Consumer Discretionary | Industry: Education Services

Adtalem Global Education (ATGE)

Market Price (12/5/2025): $96.115Market Cap: $3.5 BilSector: Consumer DiscretionaryIndustry: Education Services

Valuation, Metrics & Events

ATGE Stock

Why The Stock Moved

Qualitative Assessment

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In The Past

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About Adtalem Global Education (ATGE)

1. Aspiring Healthcare Professionals

2. Working Professionals and Adult Learners

Stephen W. Beard

Robert J. Phelan

Scott Liles

Michael Betz

Maurice Herrera

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Market Price (12/5/2025): $96.115 | Market Cap: $3.5 Bil
Sector: Consumer Discretionary | Industry: Education Services

Market Price (12/5/2025): $96.115
Market Cap: $3.5 Bil
Sector: Consumer Discretionary
Industry: Education Services