LINCOLN EDUCATIONAL SERVICES CORP (LINC)
Consumer Discretionary · For-profit postsecondary vocational education · NASDAQ
Career-focused vocational education provider operating 22 campuses in skilled trades, automotive, health sciences, and IT with federal student aid eligibility and aggressive geographic expansion.
What LINCOLN EDUCATIONAL SERVICES CORP does
Lincoln Educational Services operates a network of 22 career-oriented postsecondary education campuses across 12 states, serving recent high school graduates and working adults through programs in skilled trades, automotive, health sciences, and information technology. The company operates under brands including Lincoln Technical Institute, Lincoln College of Technology, and Nashville Auto Diesel College, with most campuses serving major metropolitan markets and several functioning as destination schools. All campuses are nationally accredited and eligible to participate in federal financial aid programs administered by the U.S. Department of Education.
Themes: ["Career-oriented vocational education","Skilled trades / hands-on technical training","Workforce development / skills gap mitigation","Federal student financial aid programs","Geographic expansion strategy"]
Fundamentals
- Price$54.68 as of 2026-07-09 close
- Market cap$1.8B as of 2026-07-10
- 1-year return+136.8% as of 2026-07-09 close
- P/E78.68 as of 2026-07-10
- Net margin+4.1% as of 2026-07-10
- Gross margin+60.3% as of 2026-07-10
- ROE+11.7% as of 2026-07-10
- Debt / equity0.18 as of 2026-07-10
- Revenue growth (YoY)+19.9% as of 2026-07-10
- Revenue CAGR (3y)+14.2% SEC XBRL
- Beta0.84 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory compliance with extensive federal and state education laws, Title IV funding regulations, 90/10 Rule, and cohort default rate requirements; changes in Department of Education rulemaking could materially restrict funding eligibility","Dependence on federal student financial aid and Title IV Programs for revenue; regulatory changes or reductions in funding availability could adversely impact enrollment and financial results","Enrollment decline risk driven by economic conditions, student employment challenges, industry competition, and integration uncertainties associated with new campus openings and acquisitions"]
Competitors & peers
- Universal Technical Institute (UTI)
- Fortis Institute
- WyoTech
- Ashford University
- ITT Technical Institute
- Kaplan University
- Community colleges offering career programs
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.