Lincoln Educational Services
LINC
22.45
-0.29
-1.28%
Lincoln Educational Services
US · LINC
#3489 by market cap
22.45
-0.29
-1.28%
Live - 5344 symbols - heartbeat 18s ago
· 2026-10-08 09:46
Pre-market
22.94
+0.88%
After-hours
22.74
0.00%
- Market cap
- 712.15M
- P/E (TTM)i
- 30.75
- P/Bi
- 3.52
- EPSi
- 0.64
- Div yieldi
- 0.00%
- 52W posi
- 13%
Reader sentiment
Are you bullish or bearish on LINC?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.95, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +17.76% YoY
Margins
- Gross margin
- 60.37%
- Operating margin
- 5.59%
- Net margin
- 3.86%
Key ratios & quality
- PEG ratioi
- 1.86
- Altman Z-Scorei
- 2.95
PEG uses trailing P/E against the 3-year net income growth rate (16.54%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 263.20M | 273.34M | 293.10M | 335.34M | 348.29M | 378.07M | 440.06M | 518.24M |
| Gross profit | 137.83M | 149.85M | 170.90M | 196.41M | 199.54M | 215.80M | 258.31M | 312.85M |
| Selling & admin expenses | 141.24M | 145.18M | 156.20M | 168.92M | 182.39M | 209.14M | 243.80M | 282.95M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -3.42M | 4.67M | 14.70M | 27.48M | 17.15M | 6.66M | 14.50M | 28.98M |
| Pretax profit | -6.35M | 2.28M | 13.51M | 47.25M | 16.44M | 35.64M | 14.71M | 26.12M |
| Tax | 200.00K | 268.00K | -35.06M | 12.53M | 3.80M | 9.64M | 4.82M | 6.12M |
| Net profit | -6.55M | 2.02M | 48.57M | 34.72M | 12.63M | 26.00M | 9.89M | 20.00M |
| Basic EPS | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 |
| Diluted EPS | -0.27 | 0.08 | 1.49 | 1.04 | 0.36 | 0.85 | 0.32 | 0.64 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 117.51M | 116.47M | 141.39M | 142.87M | 143.96M | 142.56M |
| Gross profit | 70.10M | 69.68M | 84.11M | 88.97M | 85.57M | 82.93M |
| Selling & admin expenses | 66.90M | 67.06M | 77.81M | 71.17M | 79.15M | 79.65M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 3.19M | 2.62M | 6.30M | 16.87M | 6.41M | 3.28M |
| Pretax profit | 2.83M | 2.08M | 5.29M | 15.92M | 5.60M | 2.26M |
| Tax | 882.00K | 522.00K | 1.50M | 3.22M | 1.24M | 315.00K |
| Net profit | 1.94M | 1.55M | 3.80M | 12.70M | 4.36M | 1.95M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.06 | 0.05 | 0.12 | 0.40 | 0.14 | 0.06 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 57.11M | 50.48M | 74.16M | 121.63M | 114.14M | 134.66M | 111.25M | 87.03M |
| Cash & ST investments | 17.57M | 23.64M | 38.03M | 83.31M | 60.83M | 75.99M | 59.27M | 28.52M |
| Inventory | 1.45M | 1.61M | 2.39M | 2.72M | 2.62M | 2.95M | 3.05M | 3.99M |
| Total assets | 146.04M | 194.76M | 245.19M | 295.30M | 291.57M | 345.25M | 436.56M | 493.16M |
| Total current liabilities | 64.58M | 57.21M | 66.84M | 65.88M | 55.02M | 73.41M | 90.21M | 100.71M |
| Short-term debt | 15.00M | 11.14M | 10.50M | 11.48M | 9.63M | 11.81M | 9.50M | 11.10M |
| Long-term debt | 33.77M | 32.03M | 15.21M | -- | -- | -- | -- | -- |
| Total liabilities | 106,172,000.00 | 139,633,000.00 | 142,141,000.00 | 153,899,000.00 | 146,689,000.00 | 178,445,000.00 | 258,292,000.00 | 293,476,000.00 |
| Total equity | 39.87M | 55.13M | 103.05M | 141.40M | 144.88M | 166.80M | 178.26M | 199.69M |
| Retained earnings | -44.07M | -42.06M | 6.20M | 39.70M | 51.23M | 69.28M | 79.17M | 99.17M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 86.38M | 79.63M | 77.33M | 87.03M | 76.40M | 106.25M |
| Cash & ST investments | 28.66M | 16.70M | 13.48M | 28.52M | 16.69M | 44.18M |
| Inventory | 2.39M | 4.50M | 3.09M | 3.99M | 2.49M | 4.08M |
| Total assets | 427.43M | 447.32M | 466.94M | 493.16M | 486.73M | 529.78M |
| Total current liabilities | 83.10M | 88.25M | 95.88M | 100.71M | 92.30M | 110.95M |
| Short-term debt | 9.75M | 10.74M | 10.52M | 11.10M | 10.94M | 11.66M |
| Long-term debt | -- | 13.00M | 8.00M | -- | 5.00M | 26.00M |
| Total liabilities | 249,652,000.00 | 266,643,000.00 | 281,085,000.00 | 293,476,000.00 | 287,906,000.00 | 327,391,000.00 |
| Total equity | 177.78M | 180.68M | 185.85M | 199.69M | 198.83M | 202.39M |
| Retained earnings | 81.11M | 82.67M | 86.47M | 99.17M | 103.52M | 105.47M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -1.69M | 988.00K | 23.49M | 27.45M | 882.00K | 25.56M | 29.31M | 59.31M |
| Depreciation & amortization | 8.42M | 8.12M | 7.40M | 7.14M | 6.36M | 6.60M | 11.33M | 19.16M |
| Free cash flow | -6.39M | -4.40M | 17.91M | 19.92M | -8.10M | -15.14M | -27.56M | -27.32M |
| Dividends paid | -- | 0 | -1.38M | -1.22M | -1.11M | 0 | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | -9.45M | -891.00K | -- | -- |
| Ending cash balance | 45.95M | 38.64M | 38.03M | 83.31M | 50.29M | 80.27M | 59.27M | 28.52M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -8.38M | 299.00K | 23.88M | 43.51M | 4.57M | 22.07M |
| Depreciation & amortization | 3.35M | 4.29M | 5.04M | 6.48M | 7.21M | 7.37M |
| Free cash flow | -28.27M | -26.09M | 2.03M | 25.00M | -10.07M | 7.57M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 28.66M | 16.70M | 13.48M | 28.52M | 16.69M | 44.18M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -15.28 | 4.85 | 54.86 | 23.68 | 6.72 | 16.68 | 5.73 | 10.58 |
| ROA %i | -4.35 | 1.18 | 16.74 | 9.66 | 3.14 | 8.16 | 2.53 | 4.30 |
| ROIC %i | -4.75 | 4.19 | 25.01 | 13.90 | 3.84 | 9.20 | 3.19 | 5.93 |
| 5-year avg ROE %i | -26.60 | -15.84 | -4.05 | 9.02 | 14.92 | 21.31 | 21.53 | 12.68 |
| EBIT margin %i | -1.49 | 1.92 | 5.04 | 14.69 | 4.77 | 9.52 | 3.93 | 5.69 |
| FCF / sales %i | -- | -- | 6.11 | 5.94 | -- | -- | -- | -- |
| Current ratioi | 0.88 | 0.88 | 1.11 | 1.85 | 2.07 | 1.83 | 1.23 | 0.86 |
| Quick ratioi | 0.56 | 0.77 | 1.02 | 1.66 | 1.78 | 1.52 | 1.14 | 0.75 |
| Debt / assetsi | 33.39 | 45.79 | 31.98 | 33.15 | 34.51 | 33.83 | 40.67 | 41.34 |
| LT debt / equityi | 84.71 | 180.88 | 74.58 | 66.77 | 62.81 | 62.94 | 94.28 | 96.53 |
| Interest coveragei | -1.62 | 1.77 | 11.59 | 24.45 | 103.73 | 103.71 | 6.74 | 8.70 |
| Revenue CAGR (3Y) %i | -4.91 | -1.45 | 3.83 | 8.41 | 8.41 | 8.86 | 9.48 | 14.16 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | 84.40 | -18.80 | -34.20 | 16.54 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 7.04 | 8.27 | 7.94 | 10.58 | 11.90 | 11.90 |
| ROA %i | 3.08 | 3.51 | 3.25 | 4.30 | 4.90 | 4.67 |
| ROIC %i | 3.89 | 4.58 | 4.43 | 5.93 | 6.61 | 6.43 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 4.53 | 5.12 | 4.84 | 5.69 | 5.95 | 5.76 |
| FCF / sales %i | -- | -- | -- | -- | -- | 4.30 |
| Current ratioi | 1.04 | 0.90 | 0.81 | 0.86 | 0.83 | 0.96 |
| Quick ratioi | 0.91 | 0.72 | 0.69 | 0.75 | 0.73 | 0.88 |
| Debt / assetsi | 41.25 | 42.28 | 41.92 | 41.34 | 42.44 | 43.06 |
| LT debt / equityi | 93.68 | 98.73 | 99.65 | 96.53 | 98.38 | 106.94 |
| Interest coveragei | 7.62 | 8.41 | 7.53 | 8.70 | 9.18 | 8.70 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Campus Operations100.00%
Quote time 2026-10-08 09:46:15 · For reference only, not investment advice and not tailored to your situation.