LINCOLN EDUCATIONAL SERVICES CORP
LINCNasdaq
$42.95
↓ -2.5%Jul 17 close · end-of-day
Price
1Y↑ +90.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.3B
Enterprise Value
$1.3B
P/E
59.7
P/S
2.5
P/B
6.8
EV/EBITDA
23.7
PEG
2.8
FCF Yield
-0.7%
Dividend Yield
—
Revenue (TTM)
$544.7M
Net Income (TTM)
$22.4M
Free Cash Flow (TTM)
-$9.1M
Gross Margin
—
Operating Margin
6.1%
Net Margin
4.1%
ROE
11.3%
ROIC
13.8%
Debt / Equity
0.0
Net Cash
$11.7M
Return 1Y
+86.9%
Company profile
Lincoln Educational Services Corporation provides career-oriented education services to high school graduates and working adults in the United States. The company operates 22 schools in 14 states under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, Euphoria Institute of Beauty Arts and Sciences, and other brand names. As of December 31, 2021, it had 13,059 students enrolled at 22 campuses.
- CEO
- Scott M. Shaw
- Sector
- Services
- Industry
- Personal Services
- Employees
- 2,060
- Headquarters
- New Jersey
- Website
- lincolntech.edu
Management & directors
- Luster Alexandra MSVP and General Counsel
- Meyers Brian KCFO and Treasurer
- Nyce Chad DEVP & Chief Operating Officer
- Ace Stephen ESVP and Chief Human Resources
- Shaw Scott MCEO
Roles derived from SEC Form 4 filings.
Earnings
LINC Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$144.0M↑ +22.5%
Diluted EPS$0.14↑ +133.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $293.1M | $335.3M | $348.3M | $378.1M | $440.1M | $518.2M |
| Gross profit | — | — | — | — | — | — |
| Operating income | $14.8M | $49.3M | $16.3M | $33.4M | $15.2M | $30.3M |
| Net income | $48.6M | $34.7M | $12.6M | $26.0M | $9.9M | $20.0M |
| Diluted EPS | $1.49 | $1.04 | $0.36 | $0.85 | $0.32 | $0.64 |
| Operating cash flow | $23.5M | $27.4M | $882,000.00 | $25.6M | $29.3M | $59.3M |
| Free cash flow | $17.9M | $19.9M | -$8.1M | -$15.1M | -$27.6M | -$27.3M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 5.0% | 14.7% | 4.7% | 8.8% | 3.4% | 5.8% |
| Net margin | 16.6% | 10.4% | 3.6% | 6.9% | 2.2% | 3.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $102.9M | $114.4M | $119.4M | $117.5M | $116.5M | $141.4M | $142.9M | $144.0M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$1.1M | $5.8M | $10.9M | $3.4M | $2.9M | $6.3M | $17.7M | $6.4M |
| Net income | -$682,000.00 | $4.0M | $6.8M | $1.9M | $1.6M | $3.8M | $12.7M | $4.4M |
| Diluted EPS | -$0.02 | $0.13 | $0.22 | $0.06 | $0.05 | $0.12 | $0.41 | $0.14 |
| Operating cash flow | $8.3M | $5.6M | $30.3M | -$8.4M | $299,000.00 | $23.9M | $43.5M | $4.6M |
| Free cash flow | -$2.7M | -$13.8M | $5.5M | -$28.3M | -$26.1M | $2.0M | $25.0M | -$10.1M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -1.1% | 5.1% | 9.2% | 2.9% | 2.5% | 4.4% | 12.4% | 4.5% |
| Net margin | -0.7% | 3.5% | 5.7% | 1.7% | 1.3% | 2.7% | 8.9% | 3.0% |
Company news
Jul 20, 2026
Jul 17, 2026
Jul 8, 2026
- 12d agoLincoln Educational Services Expands Footprint in Maryland with New Suitland Campusfinance.yahoo.com
- 12d agoWhy Lincoln Educational Services (LINC) Is Up 11.6% After Joining Key Russell 2000 Indexesfinance.yahoo.com
- 12d agoLincoln Educational Services (LINC) Could Be 3% Undervalued After Its Russell Index Additionsfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-15 | LUSTER ALEXANDRA M· SVP and General Counsel | Sale | 18,007 | $44.64 | $803,832.48 | filing |
| 2026-06-12 | Juniper Investment Company, LLC | Sale | 37,000 | $46.88 | $1.7M | filing |
| 2026-06-11 | Juniper Investment Company, LLC | Sale | 11,812 | $47.87 | $565,389.65 | filing |
| 2026-06-10 | Carney Kevin M | Sale | 3,000 | $48.00 | $144,000.00 | filing |
| 2026-06-08 | Carney Kevin M | J | 3,216 | $0.00 | $0.00 | filing |
| 2026-06-08 | Carney Kevin M | J | 3,216 | $0.00 | $0.00 | filing |
| 2026-06-05 | LUSTER ALEXANDRA M· SVP and General Counsel | Sale | 1,993 | $50.11 | $99,869.23 | filing |
| 2026-06-04 | Juniper Investment Company, LLC | Sale | 25,208 | $51.13 | $1.3M | filing |
| 2026-06-03 | Juniper Investment Company, LLC | Sale | 81,504 | $50.10 | $4.1M | filing |
| 2026-06-03 | Pryor Felecia J. | Sale | 2,000 | $49.70 | $99,400.00 | filing |
| 2026-05-22 | BURKE JAMES J JR | Sale | 15,807 | $48.36 | $764,426.52 | filing |
| 2026-05-18 | BURKE JAMES J JR | Sale | 16,000 | $49.54 | $792,640.00 | filing |
| 2026-05-15 | Juniper Investment Company, LLC | Sale | 1,985 | $50.11 | $99,468.35 | filing |
| 2026-05-14 | Juniper Investment Company, LLC | Sale | 47,836 | $51.16 | $2.4M | filing |
| 2026-05-14 | BURKE JAMES J JR | Sale | 193 | $51.76 | $9,989.68 | filing |
| 2026-05-12 | Meyers Brian K· CFO and Treasurer | Sale | 40,070 | $49.98 | $2.0M | filing |
| 2026-05-07 | Bartholdson John A. | Award | 3,515 | $44.10 | $155,011.50 | filing |
| 2026-05-07 | Carney Kevin M | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | Plater Michael A | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | Pryor Felecia J. | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | CABRAL ANNA ESCOBEDO | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | Newhart Marta | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | Rose Carlton | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | Young Sylvia Jean | Award | 2,495 | $44.10 | $110,029.50 | filing |
| 2026-05-07 | BURKE JAMES J JR | Award | 2,495 | $44.10 | $110,029.50 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.