Lincoln Educational Services vs Universal Technical Institute
Universal Technical Institute is the larger business, with $836m of revenue in fiscal 2025 against $518m for Lincoln Educational Services (1.6 times as much). Lincoln Educational Services grew faster (17.8% against 14.0%). Universal Technical Institute kept more of each dollar of sales as profit: a net margin of 7.5% against 3.9%. Lincoln Educational Services carries less debt relative to equity (0.0% against 26.6%).
| Latest fiscal year | Lincoln Educational ServicesLINC, 2025 | Universal Technical InstituteUTI, 2025 |
|---|---|---|
| Revenue | $518m | $836m |
| Revenue growth | 17.8% | 14.0% |
| Net income | $20.0m | $63.0m |
| Operating margin | 5.8% | 10.0% |
| Net margin | 3.9% | 7.5% |
| Return on equity | 10.6% | 21.4% |
| Free cash flow | −$27.3m | $55.4m |
| Cash | $28.5m | $127m |
| Total debt | $0 | $87.4m |
| Debt to equity | 0.0% | 26.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 2,590 | 4,100 |
| Market value | $649m | $1.20bn |
| Price vs our value range | — | Within our value range |
| Moat score | 30 (Weak) | 11 (Weak) |
| Insider trades, 12 months | 0 buys, 23 sales | 12 buys, 14 sales |