Lincoln Educational Services Corporation logo

Lincoln Educational Services Corporation

LINC

NASDAQConsumer DefensiveEducation & Training Services

Previous close

$25.72

−$0.44 · -1.68%

Aug 21, 4:00 PM ET

LINC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

20

Overpriced

Momentum

70

Gaining

Sentiment

59

Mixed

Risk resilience

66

Moderate Risk

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Company profile

Company website

Lincoln Educational Services Corporation, along with its affiliated entities, specializes in providing vocational and technical post-secondary education to both recent high school graduates and working adults throughout the United States. The company's operations are structured around two primary divisions: Transportation and Skilled Trades, and Healthcare and Other Professions. It delivers a diverse array of programs, culminating in associate's degrees, diplomas, or certificates. These offerings span a wide spectrum of career fields, encompassing automotive technology; various skilled trades such as electrical work, HVAC repair, welding, computerized numerical control (CNC), and electrical/electronic systems; health sciences, including nursing, dental and medical assisting, claims examination, and medical administrative support; hospitality services like culinary arts, therapeutic massage, cosmetology, and aesthetics; and information technology. Operating 22 campuses across 14 states, the company utilizes well-known brand names such as Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, and Euphoria Institute of Beauty Arts and Sciences, among others. As of December 31, 2021, these 22 locations collectively served an enrollment of 13,059 students. Founded in 1946, Lincoln Educational Services maintains its corporate headquarters in Parsippany, New Jersey.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
US
CEO
Scott Shaw
Listed since
Jun 23, 2005
Employees
2,390

Market position

Day range

Current $25.72

52-week range

Current $25.72

Open
$26.25
Previous close
$26.16
Volume
1.05M
1.57× average
Average volume
672.48K
Average daily volume
Market cap
815.86M USD
Beta
0.85
Market reference 1
50-day average
$42.9492
-40.12% below average
200-day average
$35.6053
-27.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
922.59M USD
P/E (TTM)
34.76×
P/B (TTM)
3.97×
P/S (TTM)
1.43×
EV / EBITDA
18.33×
Earnings yield
2.68%
Free cash flow yield
-3.67%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
59.84%
Operating margin
5.92%
Net margin
3.99%
Return on equity
10.01%
Return on assets
4.06%
Return on invested capital
5.67%

Financial health

Debt / equity
1.13×
Current ratio
0.86×
Altman Z-score
3.05
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends66%43%20%-4%Gross margin, FY2021: 58.57%Gross margin, FY2022: 57.29%Gross margin, FY2023: 57.08%Gross margin, FY2024: 58.70%Gross margin, FY2025: 60.37%Operating margin, FY2021: 14.69%Operating margin, FY2022: 4.67%Operating margin, FY2023: 8.82%Operating margin, FY2024: 3.45%Operating margin, FY2025: 5.77%Net margin, FY2021: 10.35%Net margin, FY2022: 3.63%Net margin, FY2023: 6.88%Net margin, FY2024: 2.25%Net margin, FY2025: 3.86%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 58.57%. Gross margin FY2022 57.29%. Gross margin FY2023 57.08%. Gross margin FY2024 58.70%. Gross margin FY2025 60.37%. Operating margin FY2021 14.69%. Operating margin FY2022 4.67%. Operating margin FY2023 8.82%. Operating margin FY2024 3.45%. Operating margin FY2025 5.77%. Net margin FY2021 10.35%. Net margin FY2022 3.63%. Net margin FY2023 6.88%. Net margin FY2024 2.25%. Net margin FY2025 3.86%.

Income trends

Revenue

518.24M USD+17.76%

Operating income

29.91M USD+97.05%

Net income

20M USD+102.18%
Income trends across reported periods569.08M USD365.74M USD162.4M USD−40.94M USDRevenue, FY2021: 335.34M USDRevenue, FY2022: 348.29M USDRevenue, FY2023: 378.07M USDRevenue, FY2024: 440.06M USDRevenue, FY2025: 518.24M USDOperating income, FY2021: 49.26M USDOperating income, FY2022: 16.28M USDOperating income, FY2023: 33.36M USDOperating income, FY2024: 15.18M USDOperating income, FY2025: 29.91M USDNet income, FY2021: 34.72M USDNet income, FY2022: 12.63M USDNet income, FY2023: 26M USDNet income, FY2024: 9.89M USDNet income, FY2025: 20M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 335.34M USD. Revenue FY2022 348.29M USD. Revenue FY2023 378.07M USD. Revenue FY2024 440.06M USD. Revenue FY2025 518.24M USD. Operating income FY2021 49.26M USD. Operating income FY2022 16.28M USD. Operating income FY2023 33.36M USD. Operating income FY2024 15.18M USD. Operating income FY2025 29.91M USD. Net income FY2021 34.72M USD. Net income FY2022 12.63M USD. Net income FY2023 26M USD. Net income FY2024 9.89M USD. Net income FY2025 20M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue518.24M USD440.06M USD378.07M USD348.29M USD335.34M USD
Cost of goods sold205.39M USD181.76M USD162.28M USD148.75M USD138.93M USD
Gross profit312.85M USD258.31M USD215.8M USD199.54M USD196.41M USD
Selling, general, and administrative282.95M USD243.8M USD209.14M USD182.39M USD168.92M USD
Operating expenses282.95M USD243.13M USD182.44M USD183.26M USD147.14M USD
Interest income126K USD2.1M USD2.63M USD318K USD
Interest expense3.39M USD2.57M USD347K USD160K USD2.02M USD
Depreciation and amortization20.83M USD11.33M USD6.77M USD6.36M USD7.14M USD
Operating income29.91M USD15.18M USD33.36M USD16.28M USD49.26M USD
Net income20M USD9.89M USD26M USD12.63M USD34.72M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+784.08%
11 comparable reports
Latest EPS result
0.06
Estimate 0 · Beat by 7592.31%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.540.360.180Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 0.31, estimate 0.2, surprise +55.00%, Beat. Q2 2025, reported May 12, 2025: actual 0.11, estimate 0.04, surprise +175.00%, Beat. Q3 2025, reported Aug 11, 2025: actual 0.09, estimate 0.04, surprise +125.00%, Beat. Q4 2025, reported Nov 10, 2025: actual 0.2, estimate 0.12, surprise +66.67%, Beat. Q1 2026, reported Feb 23, 2026: actual 0.5, estimate 0.42, surprise +19.05%, Beat. Q2 2026, reported May 11, 2026: actual 0.14, estimate 0.04, surprise +250.00%, Beat. Q3 2026, reported Aug 10, 2026: actual 0.06, estimate 0.001, surprise +7592.31%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates158.9M140.73M122.56M104.39MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 119.37M USD, estimate 110.5M USD, surprise +8.03%, Beat. Q2 2025, reported May 12, 2025: actual 117.51M USD, estimate 112.72M USD, surprise +4.25%, Beat. Q3 2025, reported Aug 11, 2025: actual 116.47M USD, estimate 129.04M USD, surprise -9.74%, Miss. Q4 2025, reported Nov 10, 2025: actual 141.39M USD, estimate 131.7M USD, surprise +7.36%, Beat. Q1 2026, reported Feb 23, 2026: actual 142.87M USD, estimate 132.8M USD, surprise +7.59%, Beat. Q2 2026, reported May 11, 2026: actual 143.96M USD, estimate 135.66M USD, surprise +6.12%, Beat. Q3 2026, reported Aug 10, 2026: actual 142.56M USD, estimate 139.49M USD, surprise +2.20%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 152.79M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

15 ratings
Strong buy00%
Buy747%
Hold533%
Sell320%
Strong sell00%

Recent analyst actions

4 institutions

LINC news

LINC peers

ETFs holding LINC

Funds reporting this stock among their holdings, ordered by reported position size.

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