Afya vs Lincoln Educational Services
Afya is the larger business, with $662m of revenue in fiscal 2025 against $518m for Lincoln Educational Services (1.3 times as much). Lincoln Educational Services grew faster (17.8% against 7.5%). Afya kept more of each dollar of sales as profit: a net margin of 20.4% against 3.9%. Lincoln Educational Services carries less debt relative to equity (0.0% against 42.3%).
| Latest fiscal year | AfyaAFYA, 2025 | Lincoln Educational ServicesLINC, 2025 |
|---|---|---|
| Revenue | $662m | $518m |
| Revenue growth | 7.5% | 17.8% |
| Net income | $135m | $20.0m |
| Operating margin | 32.8% | 5.8% |
| Net margin | 20.4% | 3.9% |
| Return on equity | 17.1% | 10.6% |
| Free cash flow | $245m | −$27.3m |
| Cash | $205m | $28.5m |
| Total debt | $375m | $0 |
| Debt to equity | 42.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 64.1% | — |
| Share buybacks | — | — |
| Employees | — | 2,590 |
| Market value | $40.7m | $649m |
| Price vs our value range | Below our value range | — |
| Moat score | — | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 20 sales | 0 buys, 23 sales |