LINC
LINCOLN EDUCATIONAL SERVICES CORPCompany Information
- Company Name
- LINCOLN EDUCATIONAL SERVICES CORP
- CIK
- CIK0001286613
- Category
- Accelerated filer
- Ticker: Exchange
- LINC: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 07 Trade & Services
- SIC
- 8200
- SIC Description
- Services-Educational Services
- Ticker
- LINC
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2026-06-15
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 361,815
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 28,642,357
- Shares outstanding
- 31,257,944
- Ownership
- 91.63%
Earnings Market Reaction
- Filing date
- 2026-08-10
- Price on filing date
- —
- 1-month reaction
- -16.67%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 44 | 17 | 29 | 13 | 17 | 29 | 59 | 54 | 67 | 69 | 76 | 42 | ||||||
| Accounts Receivable Net Current | 46 | 42 | 37 | 51 | 47 | 47 | 43 | 53 | 44 | 40 | 36 | 40 | ||||||
| Restricted Cash Current | - | - | - | - | - | - | 0 | 0 | 0 | 1 | 4 | 4 | ||||||
| Short Term Investments | - | - | - | - | - | - | - | - | - | - | 0 | 24 | ||||||
| Inventory Net | 4 | 2 | 4 | 3 | 5 | 2 | 3 | 3 | 2 | 2 | 3 | 3 | ||||||
| Prepaid Taxes | - | - | - | - | 3 | - | - | - | - | - | - | - | ||||||
| Income Taxes Receivable | 2 | 1 | 2 | 1 | - | - | 0 | - | - | - | - | - | ||||||
| Prepaid Expense And Other Assets Current | 5 | 7 | 8 | 8 | 8 | 8 | 4 | 4 | 4 | 6 | 6 | 7 | ||||||
| Assets Held For Sale Not Part Of Disposal Group Current | - | - | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 10 | 10 | ||||||
| Assets Current | 106 | 76 | 87 | 77 | 80 | 86 | 111 | 115 | 119 | 119 | 135 | 131 | ||||||
| Property Plant And Equipment Net | 191 | 179 | 172 | 160 | 149 | 126 | 104 | 75 | 59 | 52 | 51 | 38 | ||||||
Assets Noncurrent | ||||||||||||||||||
| Accounts Receivable Net Noncurrent | 22 | 21 | 21 | 23 | 21 | 17 | 20 | 20 | 17 | 17 | 18 | 17 | ||||||
| Deferred Finance Costs Net | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | ||||||
| Deferred Income Tax Assets Net | 22 | 22 | 22 | 25 | 25 | 25 | 25 | 23 | 23 | 23 | 23 | 25 | ||||||
| Operating Lease Right Of Use Asset | 152 | 151 | 154 | 142 | 133 | 133 | 136 | 130 | 107 | 103 | 90 | 93 | ||||||
| Finance Lease Right Of Use Asset | 24 | 25 | 25 | 25 | 26 | 26 | 27 | 27 | 28 | 28 | 16 | - | ||||||
| Goodwill | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | ||||||
| Defined Benefit Plan Assets For Plan Benefits Noncurrent | - | - | 0 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | ||||||
| Other Assets Noncurrent | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | ||||||
| Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment | 233 | 231 | 235 | 229 | 219 | 215 | 222 | 213 | 187 | 184 | 160 | 147 | ||||||
| Assets | 530 | 487 | 493 | 467 | 447 | 427 | 437 | 404 | 366 | 355 | 345 | 316 | ||||||
Liabilities Current | ||||||||||||||||||
| Contract With Customer Liability Current | 52 | 39 | 44 | 33 | 28 | 29 | 31 | 23 | 24 | 22 | 27 | 22 | ||||||
| Accounts Payable Current | 31 | 28 | 27 | 35 | 34 | 34 | 37 | 28 | 19 | 14 | 18 | 18 | ||||||
| Accrued Liabilities Current | 17 | 14 | 18 | 17 | 15 | 9 | 12 | 12 | 12 | 9 | 14 | 13 | ||||||
| Accrued Income Taxes Current | - | - | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 | 3 | 3 | ||||||
| Operating Lease Liability Current | 11 | 10 | 11 | 10 | 11 | 10 | 9 | 10 | 12 | 12 | 12 | 11 | ||||||
| Finance Lease Liability Current | 1 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | 0 | 0 | - | ||||||
| Liabilities Current | 111 | 92 | 101 | 96 | 88 | 83 | 90 | 73 | 67 | 60 | 73 | 66 | ||||||
Liabilities Noncurrent | ||||||||||||||||||
| Other Liabilities Current | - | - | - | - | - | - | 0 | - | - | - | 0 | 0 | ||||||
| Operating Lease Liability Noncurrent | 160 | 160 | 162 | 146 | 134 | 136 | 139 | 131 | 106 | 102 | 89 | 92 | ||||||
| Defined Benefit Pension Plan Liabilities Noncurrent | - | - | - | - | - | - | - | - | - | - | 0 | 1 | ||||||
| Finance Lease Liability Noncurrent | 30 | 31 | 31 | 31 | 31 | 30 | 29 | 29 | 29 | 29 | 16 | - | ||||||
| Other Liabilities Noncurrent | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | ||||||
| Long Term Debt Noncurrent | 26 | 5 | - | 8 | 13 | - | - | - | - | - | - | - | ||||||
| Liabilities | 327 | 288 | 293 | 281 | 267 | 250 | 258 | 234 | 202 | 191 | 178 | 159 | ||||||
Stockholders Equity | ||||||||||||||||||
| Common Stock Value Outstanding | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | ||||||
| Additional Paid In Capital | 49 | 47 | 52 | 51 | 50 | 48 | 51 | 49 | 48 | 47 | 49 | 48 | ||||||
| Retained Earnings Accumulated Deficit | 105 | 104 | 99 | 86 | 83 | 81 | 79 | 72 | 68 | 69 | 69 | 62 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | - | - | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -1 | ||||||
| Stockholders Equity | 202 | 199 | 200 | 186 | 181 | 178 | 178 | 170 | 165 | 164 | 167 | 157 | ||||||
| Liabilities And Stockholders Equity | 530 | 487 | 493 | 467 | 447 | 427 | 437 | 404 | 366 | 355 | 345 | 316 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 41 | 45 | 44 | 48 | 43 | 51 | 43 | 40 | 39 | 37 | 34 | 35 | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 161 | 155 | 148 | 150 | 145 | 144 | 141 | 141 | 143 | 142 | 140 | 140 | ||||||
| Allowance For Doubtful Accounts Receivable Noncurrent | 27 | 26 | 26 | 27 | 25 | 20 | 23 | 22 | 19 | 19 | 19 | 17 | ||||||
| Common Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Assets | ||||||||||||||||||
| Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | ||||||
| Common Stock Shares Issued | 32 | 32 | 32 | 32 | 32 | 32 | 31 | 31 | 31 | 31 | 31 | 31 | ||||||
Temporary Equity | ||||||||||||||||||
| Shares Outstanding | 32 | 32 | 32 | 32 | 32 | 32 | 31 | 31 | 31 | 31 | 31 | 31 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialLINCOLN EDUCATIONAL SERVICES CORP (LINC) — SEC Financial Statements & Analysis
LINCOLN EDUCATIONAL SERVICES CORP (LINC) is a services-educational services company, incorporated in NJ. LINCOLN EDUCATIONAL SERVICES CORP trades on Nasdaq as: LINC. LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10. Based on that filing, LINCOLN EDUCATIONAL SERVICES CORP carries a market cap of $1.56B, a P/E ratio of 68.41x, a P/B ratio of 7.71x, a P/S ratio of 2.73x, an enterprise value of $1.54B, and an EV/EBITDA multiple of 25.77x. On profitability, it posts a gross margin of 59.84%, an operating margin of 5.91%, a net margin of 3.99%, a Return on Equity (ROE) of 11.90%, a Return on Assets (ROA) of 4.67%, and a Return on Invested Capital (ROIC) of 13.83%. Per share, it reports EPS of $0.73, diluted EPS of $0.73, free cash flow per share of $0.78, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 22.02% year-over-year, net income growth of 59.62% year-over-year, and EPS growth of 58.26% year-over-year. On the balance sheet, it maintains a current ratio of 0.96x, a quick ratio of 0.88x, working capital of $-4.70M, a debt-to-equity ratio of 1.62x, a debt ratio of 0.62, an interest coverage ratio of 8.94x, free cash flow of $24.53M (TTM), and net debt of $-17.64M. Figures sourced from SEC EDGAR.
- Market Cap
- $1.56B
- P/E TTM
- 68.41x
- EPS TTM
- $0.73
- P/B TTM
- 7.71x
- ROE TTM
- 11.90%
- ROA TTM
- 4.67%
- Debt To Equity
- 1.62x
- Free Cash Flow TTM
- $24.53M
- Net Revenue TTM Growth 1Y
- 22.02%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is LINCOLN EDUCATIONAL SERVICES CORP in?
LINCOLN EDUCATIONAL SERVICES CORP (LINC) operates in the Services-Educational Services industry.
What exchange does LINC trade on?
LINCOLN EDUCATIONAL SERVICES CORP (LINC) trades on the Nasdaq.
Where is LINCOLN EDUCATIONAL SERVICES CORP incorporated?
LINCOLN EDUCATIONAL SERVICES CORP is incorporated in NJ.
When was LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s most recent SEC filing?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10.
What is LINC's market cap?
LINCOLN EDUCATIONAL SERVICES CORP (LINC) has a market capitalization of $1.56B as of 2026-06-30.
What is LINC's P/E ratio?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month P/E ratio is 68.41x as of 2026-06-30.
What is LINC's EPS (earnings per share)?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month EPS is $0.73 as of 2026-06-30.
What is LINC's ROE (return on equity)?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month Return on Equity (ROE) is 11.90% as of 2026-06-30.
What is LINC's ROA (return on assets)?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month Return on Assets (ROA) is 4.67% as of 2026-06-30.
What is LINC's ROIC (return on invested capital)?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month Return on Invested Capital (ROIC) is 13.83% as of 2026-06-30.
What is LINC's EV/EBITDA?
LINCOLN EDUCATIONAL SERVICES CORP (LINC)'s trailing twelve month EV/EBITDA is 25.77x as of 2026-06-30.