Adtalem Global Education Inc.

NYSE•ATGE

CEO: Mr. Stephen W. Beard J.D.

Sector: Consumer Defensive

Industry: Education & Training Services

Listing Date: 1991-06-21

Adtalem Global Education Inc. engages in the provision of workforce solutions worldwide. It operates through three segments: Chamberlain, Walden, and Medical and Veterinary. The company offers degree and non-degree programs, including bachelor's, master's, and doctoral degrees, as well as online certificates in the medical, nursing, health professions and veterinary postsecondary education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice industries. It operates Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. 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.

Contact Information

500 West Monroe Street, Suite 13, Chicago, IL, 60661, United States

312-651-1400

www.adtalem.com

Market Cap

$3.63B

P/E (TTM)

14.7

18.7

Dividend Yield

52W High

$156.26

52W Low

$86.26

52W Range

19%

Rank30Top 19.5%

5.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$503.39M+12.43%

4-Quarter Trend

EPS

$2.11+3.94%

4-Quarter Trend

FCF

$15.12M-150.91%

4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Revenue Growth Strong Six months revenue reached $965.673M, marking an 11.6% increase over prior year periods.

Operating Cash Flow Surges Net cash provided by operations for six months totaled $160.293M, significantly up from $70.297M last year.

Diluted EPS Rises Diluted EPS for the quarter was $2.11, improving from $1.98 last year, driven by share repurchases.

Walden Segment Accelerates Walden adjusted operating income grew 51.5% (or $45.7M) for six months, fueled by enrollment and tuition hikes.

Risk Factors

Regulatory Student Aid Uncertainty OBBBA legislation introduces substantial changes to federal student aid availability; full impact remains unknown.

Chamberlain Segment Declines Chamberlain adjusted operating income fell 15.3% ($10.7M) over six months due to increased labor and marketing costs.

Increased Operating Expenses Student services and administrative expense rose 13.5% ($42.6M) for six months, driven by strategic advisory costs.

Debt Principal Remains High Total long-term debt principal stands at $504.282M as of December 31, 2025, primarily from Senior Secured Notes.

Outlook

Major Share Repurchase Plan $727.5M remains authorized under the sixteenth share repurchase program, funding determined by market conditions.

Capital Structure Optimization Management actively reviewing strategic alternatives, including issuing debt or equity, to optimize capital structure.

New Lease Commitments Four new operating leases are expected to commence in FY2026, adding significant operating lease assets/liabilities.

Analyzing Tax Law Changes Evaluating impacts of OBBBA provisions, including accelerated deductions, though current quarter tax impact was immaterial.

Peer Comparison

Revenue (TTM)

POST

$8.36B

+5.4%

DAR

$6.14B

+7.4%

COTY

$5.81B

-4.6%

Gross Margin (Latest Quarter)

IPAR

61.5%

-0.4pp

COTY

59.4%

-1.0pp

ATGE

59.2%

+0.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DAR	$8.44B	134.4	1.4%	0.0%
TAL	$6.42B	7.0	7.8%	11.0%
POST	$5.56B	17.3	8.5%	57.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.6%

Moderate Growth

4Q Net Income CAGR

7.9%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 6, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data