← LINCOLN EDUCATIONAL SERVICES CORP LINC
Market Price
$29.98
Market Cap
$955.74M
P/E Ratio
46.85
Revenue (FY 2025)
↑17.8% YoY
$518.24M
3-Yr CAGR: 14.2%
Net Income
↑102.2% YoY
$20.00M
Net Margin: 3.9%
Free Cash Flow
↑0.9% YoY
-$27.32M
FCF Yield: -2.86%
EPS (Diluted)
↑100.0% YoY
$0.64
Basic: $0.65
Return on Equity
Efficiency
10.0%
ROA: 254.0%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (LINC)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $196.9M | — | $102.0M | $-28.3M | — | $-1.21 | — | $-6.1M | $-9.7M | — |
| FY 2017 | $261.9M | +33.0% | $132.4M | $-11.5M | +59.4% | $-0.48 | +60.3% | $-11.3M | $-16.1M | -65.7% |
| FY 2018 | $263.2M | +0.5% | $137.8M | $-6.5M | +43.0% | $-0.27 | +43.7% | $-1.7M | $-6.4M | +60.2% |
| FY 2019 | $273.3M | +3.9% | $149.8M | $2.0M | +130.8% | $0.08 | +129.6% | $1.0M | $-4.4M | +31.2% |
| FY 2020 | $293.1M | +7.2% | $170.9M | $48.6M | +2,310.2% | $1.49 | +1,762.5% | $23.5M | $17.9M | +507.2% |
| FY 2021 | $335.3M | +14.4% | $196.4M | $34.7M | -28.5% | $1.04 | -30.2% | $27.4M | $19.9M | +11.2% |
| FY 2022 | $348.3M | +3.9% | $199.5M | $12.6M | -63.6% | $0.36 | -65.4% | $0.9M | $-8.1M | -140.7% |
| FY 2023 | $378.1M | +8.6% | $215.8M | $26.0M | +105.8% | $0.85 | +136.1% | $25.6M | $-15.1M | -86.8% |
| FY 2024 | $440.1M | +16.4% | $258.3M | $9.9M | -62.0% | $0.32 | -62.4% | $29.3M | $-27.6M | -82.0% |
| FY 2025 | $518.2M | +17.8% | $312.9M | $20.0M | +102.2% | $0.64 | +100.0% | $59.3M | $-27.3M | +0.9% |
Valuation
Market Price
$29.98
Market Cap
$955.74M
Enterprise Value
N/A
P/E Ratio
46.85
P/B Ratio
4.76
FCF Yield
-2.86%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
60.37%
Operating Margin
5.85%
Net Margin
3.86%
Return on Equity (ROE)
10.01%
Return on Assets (ROA)
254.04%
Asset Turnover
65.83x
Revenue 3-Yr CAGR
14.16%
Financial Health & Liquidity
Current Ratio
0.43
Cash Ratio
1.55
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$28.52M
Total Debt
N/A
Book Value / Share
$6.30
Cash Flow Efficiency
Operating Cash Flow
$59.31M
Capital Expenditures (CapEx)
$86.63M
Free Cash Flow
-$27.32M
OCF / Revenue
11.44%
FCF / Revenue
-5.27%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$0.64
EPS (Basic)
$0.65
Dividends / Share
N/A
Book Value / Share
$6.30
EPS YoY Growth
100.00%
Balance Sheet (FY 2025)
Total Assets
$7.87M
Total Liabilities
$18.43M
Stockholders' Equity
$199.69M
Current Assets
$7.87M
Current Liabilities
$18.43M