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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Lincoln Educational Services Corporation (LINC) Quarterly Financial Ratios

Last 47 quarters of trend data · Consumer Defensive · Education & Training Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Lincoln Educational Services Corporation's quarterly P/E stands at 14.4x, down 20.0% year-over-year — suggesting improving earnings relative to price.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →68.8514.3848.96115.2563.3817.9822.96——11.4131.442.96—
—-20.0%+113.2%——+57.6%-27.0%——+97.0%+131.1%——
P/S Ratio2.731.321.301.551.051.030.810.880.760.760.650.580.49
—+28.0%+60.7%+75.1%+38.6%+36.6%+24.4%+52.9%+55.5%+81.1%+73.2%+15.9%-12.6%
P/B Ratio7.013.783.963.992.772.762.182.211.901.861.651.331.26
—+36.8%+81.6%+80.9%+45.8%+48.9%+32.1%+66.3%+51.4%+75.7%+65.1%+12.1%-3.9%
P/FCF—7.5590.59——22.29———7.80—17.27—
—-66.1%———+185.9%—————-22.1%—
EV / EBITDA32.1511.0319.5331.1423.7010.9513.4750.2738.438.0421.542.35414.32
—+0.8%+45.0%-38.1%-38.3%+36.2%-37.5%+2041.4%-90.7%+102.4%+225.0%-90.8%+805.1%
EV / EBIT52.4714.1536.5277.3045.4213.6019.39—401.899.0439.982.46—
—+4.0%+88.3%—-88.7%+50.6%-51.5%——+115.4%+357.0%-98.0%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Lincoln Educational Services Corporation's operating margin was 12.4% in Q4 2025, up 8.0 pp QoQ and up 3.3 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 5.6% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 21.1% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin—49.1%59.5%59.8%59.7%62.2%58.0%55.7%58.4%60.0%56.7%54.8%56.4%
—-21.1%+2.6%+7.4%+2.2%+3.7%+2.3%+1.6%+3.6%-0.4%+0.4%-2.1%+0.4%
Operating Margin5.8%12.4%4.5%2.5%2.9%9.2%5.1%-1.1%-0.4%8.7%2.0%26.5%-1.3%
—+35.6%-12.5%+327.9%+755.5%+4.7%+154.0%-104.1%+65.3%-29.2%-62.3%+5402.4%-223.8%
Net Margin3.9%8.9%2.7%1.3%1.7%5.7%3.5%-0.7%-0.2%6.6%2.1%19.5%-0.1%
—+55.3%-22.2%+301.3%+899.2%-13.6%+66.8%-103.4%-65.7%-29.0%-46.3%+6071.7%-137.9%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE10.6%6.6%2.1%0.9%1.1%3.9%2.4%-0.4%-0.1%4.2%1.3%11.9%-0.1%
—+67.8%-12.2%+309.3%+945.2%-6.4%+78.3%-103.5%-66.1%-30.7%-48.3%+6316.0%-140.3%
ROA4.3%2.6%0.8%0.4%0.4%1.6%1.0%-0.2%-0.1%2.1%0.7%5.8%-0.0%
—+62.7%-19.0%+288.0%+836.5%-20.9%+55.9%-103.2%-60.4%-30.0%-46.4%+6341.0%-140.8%
ROIC6.8%3.6%1.3%0.6%0.8%2.8%1.6%-0.3%-0.2%3.2%0.7%9.2%-0.4%
—+27.4%-20.3%+283.1%+633.1%-11.0%+122.0%-103.8%+63.6%-31.2%-65.5%+5303.1%-188.3%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Lincoln Educational Services Corporation's Debt/EBITDA ratio is 9.7x, down from 16.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 29.9% YoY to 0.86x, tightening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity1.021.021.051.050.991.001.010.890.870.700.650.630.74
—+2.5%+4.7%+17.7%+14.4%+42.3%+53.8%+40.1%+16.5%+0.8%-11.7%-11.2%+2.8%
Debt / EBITDA4.129.6716.6526.3826.0912.7318.8966.5156.8010.7127.643.89723.91
—-24.0%-11.9%-60.3%-54.1%+18.8%-31.7%+1608.6%-92.2%+39.2%+74.0%-92.4%+755.0%
Current Ratio0.860.860.810.901.041.231.571.781.981.831.982.001.97
—-29.9%-48.7%-49.4%-47.6%-32.8%-20.5%-10.9%+0.6%-11.6%+6.6%+4.5%-4.0%
Quick Ratio0.820.820.770.851.011.201.531.751.941.791.931.971.92
—-31.2%-49.5%-51.4%-48.0%-33.2%-20.6%-11.0%+1.0%-11.5%+6.8%+5.5%-4.1%
Interest Coverage8.9334.576.353.544.8716.268.83-1.67-0.8132.8295.05839.82-44.64
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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LINC — Frequently Asked Questions

Quick answers to the most common questions about buying LINC stock.

What is Lincoln Educational Services Corporation's quarterly P/E ratio trend?

Lincoln Educational Services Corporation's current P/E is 68.8x. The average P/E over the last 4 quarters is 60.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Lincoln Educational Services Corporation's margins change by quarter?

Lincoln Educational Services Corporation's current operating margin is 5.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at LINC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Lincoln Educational Services Corporation's business trajectory between earnings reports.

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