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LINCOLN EDUCATIONAL SERVICES CORP (LINC) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $7.44 Metrics
OS: 31.4 M 9 % ROE
Market cap: $233 M 4 % ROIC
Net cash: $90.7 M $2.89 per share
EV: $143 M

 
TTM Valuation
EBITDA $19.2 M 7.4 x EV/EBITDA
EBIT $13.0 M 11.0 x EV/EBIT
EPS $1.01 7.3 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues348.3335.3293.1273.30.0261.9285.6306.1
            Revenue growth3.9%14.4%7.2% -100.0%-8.3%-6.7%40.4%
Cost of goods sold148.7138.9122.2123.50.0129.4144.4151.6
Gross profit199.5196.4170.9149.80.0132.4141.1154.5
            Gross margin57.3%58.6%58.3%54.8% 50.6%49.4%50.5%
Selling, general and administrative182.4168.9156.2145.20.0138.8148.4151.8
EBIT17.227.514.74.70.0-6.3-7.32.7
            EBIT margin4.9%8.2%5.0%1.7% -2.4%-2.6%0.9%
Pre-tax income16.447.213.52.3-11.5-11.8-28.1-3.1
Income taxes3.812.5-35.10.30.0-0.30.20.2
            Tax rate23.1%26.5% 11.7%0.0%2.3%  
Net income11.533.547.22.0-11.5-11.5-28.3-3.4
            Net margin3.3%10.0%16.1%0.7% -4.4%-9.9%-1.1%
 
Diluted EPS$0.45$1.34$1.91$0.08($0.48)($0.48)($1.21)($0.14)
Shares outstanding (diluted)25.925.124.724.623.923.923.523.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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