Lincoln Educational Services Corporation

Lincoln Educational Services Corporation

LINC
Lincoln Educational Services CorporationUS flagNASDAQ Global Select
50.55
USD
+0.48
- -
1.60BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.58
9.56
13.21
12.18
10.95
10.78
11.13
11.84
13.37
13.46
12.56
14.39
16.75
17.55
Basic EPS, GAAP
-2.28
-2.46
-0.14
-1.21
-0.48
-0.27
0.08
1.91
1.34
0.45
0.86
0.32
0.65
0.72
Free Cash Flow per Basic Share
0.14
0.53
0.62
-0.26
-0.47
-0.07
0.04
0.95
1.09
0.03
0.85
0.96
1.92
2.33
Dividend per Share
0.3
0.19
- -
- -
- -
- -
- -
0.06
0.05
0.04
- -
- -
- -
- -
Book Value per Share
9.21
6.44
6.2
4.92
4.34
3.98
4.04
5.96
7.22
3.88
3.9
4.16
4.76
4.89
Tangible Book Value per Share
3.59
2.61
2.87
1.72
1.31
1.04
1.17
3.09
4.58
5.04
5.18
5.48
6.11
6.06
Basic Weighted Avg Shares
23
23
23
23
24
24
25
25
25
26
30
31
31
31
Sales/Revenue/Turnover
216
218
306
286
262
263
273
293
335
348
378
440
518
545
Operating Margin (%)
-1.73
-0.84
0.87
-2.56
-2.42
-1.3
1.71
5.02
8.2
4.92
1.76
3.3
5.59
5.91
Depreciation Expense
24
19
15
11
9
8
8
7
7
6
7
11
19
23
Net Income, GAAP
-51
-56
-3
-28
-11
-7
2
49
35
13
26
10
20
22
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
11.74
- -
26.52
23.13
27.05
32.76
23.43
22.44
Profit Margin (%)
-23.79
-25.74
-1.09
-9.91
-4.39
-2.49
0.74
16.57
10.35
3.63
6.88
2.25
3.86
4.11
Working Capital
47
30
34
-2
-3
-7
-7
7
56
59
61
21
-14
-16
LT Debt
90
35
46
30
53
34
78
68
86
91
105
168
193
196
Total Equity
145
83
81
55
46
40
55
103
141
145
167
178
200
199
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
4.14
- -
10.78
6.05
2.05
3.42
6.55
7.51
Return on Capital (%)
- -
- -
- -
- -
- -
- -
2.67
- -
13.69
5.19
12.06
4.31
6.89
7.58
Return on Common Equity (%)
-21.69
-31.68
-2.31
-21.86
-10.48
-6.51
1.99
38.22
20.39
8.19
23.88
8.08
14.56
15.95

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
11
11
11
LT Borrowings
8
- -
5
LT Finance Leases
177
193
191
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
725
747
1,262

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
77
87
76
Cash, Cash Equivalents & STI
13
29
17
Accounts Receivable, Net
51
37
42
Inventories
3
4
2
Total Current Liabilities
96
101
92
Payables & Accruals
52
33
42
ST Debt
11
11
11
Deferred Revenue
33
44
39

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.71%
14.74%
12.02%
Free Cash Flow
481.13%
566.97%
102.39%
Net Income, GAAP
287.57%
10.78%
102.18%
Sales/Revenue/Turnover
5.76%
12.2%
17.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
103
103
114
119
440
2025
118
116
141
143
518
2026
144
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.02
0.13
0.22
0.32
2025
0.06
0.05
0.12
0.41
0.65
2026
0.14
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Scott Shaw
Full Time Employees
1,875
Sector
Consumer Defensive
Industry
Education & Training Services
Address
14 Sylvan Way Parsippany NJ United States of America 07054
IPO Date
Jun 23, 2005
Business
Lincoln Educational Services Corporation (Nasdaq: LINC) provides career-oriented postsecondary education through a network of campuses across the United States, offering associate's degree, diploma, and certificate programs primarily in automotive technology; skilled trades including electrical, heating, ventilation, air conditioning/refrigeration (HVAC/R), welding, and diesel technology; health sciences such as medical assisting, nursing, dental assisting, and pharmacy technician; hospitality services encompassing culinary arts and beauty arts; and business/information technology. The company operates under brands including Lincoln Technical Institute, Lincoln College of Technology, and Nashville Auto Diesel College, with campuses in states such as Connecticut, New Jersey, Pennsylvania, Maryland, Massachusetts, New York, Colorado, Texas, Tennessee, Georgia, Illinois, and Indiana, targeting recent high school graduates and working adults seeking entry-level jobs in high-demand industries. Founded in 1946 and headquartered in Parsippany, New Jersey, Lincoln Educational Services focuses on practical, hands-on training aligned with employer needs through its Campus Operations segment, which generates the majority of revenue. In recent developments, the company expanded its Philadelphia-area presence in February 2024 through a sale-leaseback transaction with LCN Capital Partners for a new, larger suburban campus to support additional programs in in-demand trades. During the third quarter of 2024, Lincoln announced a nationwide corporate partnership with Hyundai Motor America and Genesis Motor America, providing their branded training at no extra cost to students across all automotive campuses, alongside extensions of existing corporate partnerships for up to five additional years. The company reported strong financial growth, including double-digit revenue increases and raised full-year 2025 guidance, while outlining plans to open two new campuses annually and pursuing a blended learning model with potential acquisitions to bolster its skilled trades focus.

Company News

APIChat
  • Lincoln Educational Services to Remain Highly Visible as it Plans to Attend Several Investor Conferences in June

  • What to Know About This Fund's $4.8 Million Bet on Lincoln Educational Services as Shares Surge 100%

  • STRA or LINC: Which Is the Better Value Stock Right Now?

  • Is Lincoln Educational Services Corp (LINC) Overvalued After 3.3% Rally? GF Value Says Overvalued

  • This Trade School Stock Is Up 135%. Here’s Why a Fund Still Bought 459,000 Shares

  • Lincoln Educational Services' Growth Plans Justify Even More Upside

  • STRA vs. LINC: Which Stock Is the Better Value Option?

  • Lincoln Foundation for Education Receives Nearly $250,000 in First‑Quarter Grants to Support Student Success

  • Lincoln Educational Services Corporation (LINC) Hit a 52 Week High, Can the Run Continue?

  • Why Lincoln Educational Services Stock Jumped 15% Today

  • Lincoln Educational Services Corporation (LINC) Q1 2026 Earnings Call Transcript

  • Lincoln Educational Services Q1 Earnings Call Highlights

  • Lincoln Educational Services Corporation (LINC) Q1 Earnings and Revenues Surpass Estimates

  • Lincoln Educational Services Reports Strong First Quarter Financial Results, Raises Guidance for Full-Year 2026

  • First Eagle Small Cap Opportunity Fund Q1 2026 Portfolio Review

  • Lincoln Educational Services to Highlight Business Momentum at Several Upcoming Investor Events

  • 4 Schools Stocks Riding AI and Healthcare Demand Trends

  • Lincoln Educational Services Corporation Schedules First Quarter 2026 Earnings Release And Conference Call

  • Lincoln Educational Services Announces Increase of Credit Facility to $125 Million to Support Growth Initiatives

  • PRDO vs. LINC: Which Stock Is the Better Value Option?