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LINC NASDAQ

Lincoln Educational Services Corporation
1W: -2.5% 1M: -11.5% 3M: -59.5% YTD: -6.0% 1Y: -5.1% 3Y: +159.3% 5Y: +247.8%
$21.91
-0.26 (-1.17%)
 
Weekly Expected Move ±4.8%
$20 $21 $22 $23 $24
NASDAQ · Consumer Defensive · Education & Training Services · Tech Score Sell · Power 39 · $695.0M mcap · 28M float · 2.77% daily turnover · Short 33% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NARROW EDGE
55.1 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: 6.9%  ·  5Y Avg: 9.5%
Cost Advantage
50
Intangibles
64
Switching Cost
45
Network Effect
58
Scale
61
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. LINC has a Narrow competitive edge (55.1/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Intangible Assets. ROIC of 6.9% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$50
Low
$50
Avg Target
$50
High
Based on 2 analysts since Aug 10, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 7Hold: 5Sell: 3Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$50.00
Analysts2
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-08-11 Lake Street — $55 $50 -5 +60.4% $31.17
2026-08-10 Barrington Alexander Paris $56 $50 -6 +62.5% $30.77
2026-06-11 Rosenblatt Securities Steve Frankel $39 $60 +21 +26.5% $47.43
2026-05-28 Northland Securities — $50 $60 +10 +24.9% $48.04
2026-05-12 Northland Securities — $44 $50 +6 +2.2% $48.92
2026-05-12 Barrington Alexander Paris $38 $56 +18 +14.5% $48.92
2026-05-12 Lake Street — $35 $55 +20 +12.9% $48.73
2026-04-09 Northland Securities — $40 $44 +4 +9.3% $40.24
2026-03-11 Northland Securities — $36 $40 +4 +8.5% $36.86
2026-02-24 Northland Securities — $28 $36 +8 +5.0% $34.30
2026-02-24 Lake Street Eric Martinuzzi $15 $35 +20 +3.5% $33.82
2026-02-24 Griffin Griffin Boss $33 $38 +5 +11.1% $34.22
2026-02-23 Barrington Alexander Paris $27 $38 +11 +15.0% $33.04
2026-02-23 Rosenblatt Securities Steve Frankel $15 $39 +24 +18.0% $33.04
2026-01-27 Griffin Griffin Boss Initiated $33 — +25.0% $26.41
2026-01-07 Northland Securities — $24 $28 +4 +12.4% $24.92
2025-12-01 Barrington — $14 $27 +13 +31.2% $20.58
2025-04-24 Northland Securities Luke Horton Initiated $24 — +39.6% $17.20
2024-05-07 Lake Street Eric Martinuzzi Initiated $15 — +19.2% $12.58
2024-05-07 Rosenblatt Securities Steve Frankel Initiated $15 — +22.6% $12.23
2024-05-06 Barrington Alexander Paris $8 $14 +6 +13.2% $12.37
2022-08-09 Barrington — Initiated $8 — +24.8% $6.81

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

C
Oct 02, 2026
DCF
1
ROE
3
ROA
4
D/E
1
P/E
1
P/B
1
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. LINC receives an overall rating of C. Strongest factors: ROA (4/5). Areas of concern: DCF (1/5), D/E (1/5), P/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-10-01 C+ C
2026-09-02 C C+
2026-07-01 C+ C
2026-04-01 C C+
2026-03-16 C+ C
2026-02-23 C C+
2026-02-23 C+ C
2026-02-20 C C+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 59 Grade B
Profitability
34
Balance Sheet
58
Earnings Quality
62
Growth
74
Value
22
Momentum
98
Safety
100
Cash Flow
43
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. LINC scores highest in Safety (100/100) and lowest in Value (22/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
4.42
Safe Zone
Piotroski F-Score
6/9
✓ ✓ ✓ ✓ ✗ ✓ ✗ ✗ ✓
Beneish M-Score
-2.97
Unlikely Manipulator
Ohlson O-Score
-6.42
Bankruptcy prob: 0.2%
Low Risk
Credit Rating
A-
Score: 68.4/100
Trend: Improving
Earnings Quality
75/100
OCF/NI: 4.12x
Accruals: -14.6%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. LINC scores 4.42, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. LINC scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. LINC's score of -2.97 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. LINC's implied 0.2% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. LINC receives an estimated rating of A- (score: 68.4/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). LINC's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
29.61x
PEG
0.49x
P/S
1.22x
P/B
3.38x
P/FCF
63.90x
P/OCF
16.67x
EV/EBITDA
28.89x
EV/Revenue
3.07x
EV/EBIT
53.32x
EV/FCF
71.40x
Earnings Yield
1.45%
FCF Yield
1.56%
Shareholder Yield
0.00%
Graham Number
$10.26
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 29.6x earnings, LINC commands a growth premium. Graham's intrinsic value formula yields $10.26 per share, 114% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.784
NI / EBT
×
Interest Burden
0.885
EBT / EBIT
×
EBIT Margin
0.058
EBIT / Rev
×
Asset Turnover
1.168
Rev / Assets
×
Equity Multiplier
2.551
Assets / Equity
=
ROE
11.9%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. LINC's ROE of 11.9% is driven by Asset Turnover (1.168), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
15.00%
Fair P/E
38.50x
Intrinsic Value
$27.94
Price/Value
1.79x
Margin of Safety
-78.60%
Premium
78.60%
Assessment
Neutral
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with LINC's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. LINC trades at a 79% premium to its adjusted intrinsic value of $27.94, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 29.6x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$21.91
Median 1Y
$26.76
5th Pctile
$10.89
95th Pctile
$65.78
Ann. Volatility
55.0%
Analyst Target
$50.00
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Scott M. Shaw
President and Chief Executive Officer
$650,000 $2,200,000 $3,999,717
Brian K. Meyers
Executive Vice President, Chief Financial Officer and Treasurer
$440,000 $1,000,000 $2,029,171
Chad D. Nyce
Executive Vice President, Chief Operating Officer
$440,000 $1,000,000 $2,022,990
Alexandra M. Luster
Senior Vice President, General Counseland Corporate Secretary
$308,227 $125,000 $709,022
Stephen Ace President,
e President, Chief Human Resources Officer
$300,000 $125,000 $695,286

CEO Pay Ratio

37:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $3,999,717
Avg Employee Cost (SGA/emp): $109,246
Employees: 2,590

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
2,590
+4.7% YoY
Revenue / Employee
$200,093
Rev: $518,241,000
Profit / Employee
$7,721
NI: $19,998,000
SGA / Employee
$109,246
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE 66.3% 28.4% 24.7% 22.8% 22.2% 8.8% 8.9% 20.0% 18.8% 16.7% 17.3% 5.0% 6.0% 5.7% 7.0% 8.3% 7.9% 10.6% 11.9% 11.9% 11.90%
ROA 24.7% 12.8% 11.6% 10.7% 10.3% 4.3% 4.3% 9.8% 9.1% 8.2% 8.1% 2.3% 2.7% 2.5% 3.1% 3.5% 3.2% 4.3% 4.9% 4.7% 4.67%
ROIC 11.0% 23.2% 18.0% 17.3% 17.0% 6.8% 6.5% 17.5% 13.5% 11.7% 10.3% 2.8% 3.3% 3.4% 3.9% 4.4% 4.4% 6.2% 6.7% 6.9% 6.86%
ROCE 14.2% -0.1% -2.7% -4.1% -4.4% 7.3% 7.5% 16.8% 15.1% 12.9% 12.2% 3.8% 4.8% 5.0% 6.0% 6.7% 6.4% 7.5% 8.2% 7.8% 7.84%
Gross Margin 57.2% 60.4% 56.2% 56.0% 56.5% 60.2% 56.4% 54.8% 56.7% 60.0% 58.4% 55.7% 58.0% 62.2% 59.7% 59.8% 59.5% 62.3% 59.4% 58.2% 58.17%
Operating Margin 6.5% 38.8% -0.4% 0.5% 5.3% 12.3% -1.3% 26.5% 2.0% 8.7% -0.4% -1.1% 5.1% 9.2% 2.9% 2.5% 4.5% 12.5% 4.5% 2.3% 2.32%
Net Margin 4.3% 27.3% 0.3% 0.3% 3.9% 9.3% -0.1% 19.5% 2.1% 6.6% -0.2% -0.7% 3.5% 5.7% 1.7% 1.3% 2.7% 8.9% 3.0% 1.4% 1.37%
EBITDA Margin 8.5% -15.5% 1.5% 2.3% 7.0% 15.4% 0.7% 29.0% 3.7% 11.4% 3.1% 2.8% 8.3% 11.9% 5.8% 6.2% 8.3% 16.6% 9.8% 7.8% 7.79%
FCF Margin 7.2% 5.9% 4.1% 2.6% 0.3% -2.3% 1.1% 1.4% -7.3% -4.0% -7.2% -8.3% -5.5% -6.3% -8.6% -13.4% -9.5% -5.3% -1.7% 4.3% 4.30%
OCF Margin 9.4% 8.2% 6.3% 4.8% 3.0% 0.3% 4.3% 5.9% 1.1% 6.8% 2.7% 2.1% 5.0% 6.7% 7.9% 5.9% 9.3% 11.4% 13.3% 16.5% 16.47%
ROE 3Y Avg snapshot only 8.00%
ROE 5Y Avg snapshot only 12.68%
ROA 3Y Avg snapshot only 3.22%
ROIC 3Y Avg snapshot only 4.49%
ROIC Economic snapshot only 6.33%
Cash ROA snapshot only 17.75%
Cash ROIC snapshot only 24.34%
CROIC snapshot only 6.35%
NOPAT Margin snapshot only 4.65%
Pretax Margin snapshot only 5.09%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 49.71%
SBC / Revenue snapshot only 0.78%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio 2.96 5.42 6.03 5.78 4.92 12.12 13.88 7.01 9.34 11.91 12.09 45.68 37.63 49.81 40.93 50.46 52.08 37.75 56.88 68.76 29.608
P/S Ratio 0.51 0.56 0.54 0.48 0.40 0.44 0.48 0.57 0.71 0.82 0.79 0.89 0.88 1.12 1.09 1.54 1.49 1.46 2.34 2.75 1.218
P/B Ratio 1.48 1.33 1.31 1.18 1.00 1.06 1.26 1.33 1.65 1.86 1.90 2.21 2.18 2.76 2.77 3.99 3.96 3.78 6.41 7.75 3.384
P/FCF 7.08 9.44 13.12 18.64 141.33 -18.89 44.11 41.21 -9.70 -20.45 -11.06 -10.71 -16.01 -17.88 -12.58 -11.52 -15.73 -27.63 -139.71 63.90 63.903
P/OCF 5.42 6.85 8.60 10.00 13.39 173.54 11.31 9.63 66.82 12.12 28.88 42.50 17.69 16.81 13.75 25.90 15.96 12.73 17.64 16.67 16.675
EV/EBITDA 5.84 28.87 547.47 -67.14 -42.19 8.14 9.34 4.52 6.70 8.40 8.71 20.70 17.93 20.49 19.14 23.62 22.93 18.79 25.83 28.89 28.891
EV/Revenue 0.60 0.60 0.65 0.57 0.50 0.55 0.61 0.59 0.81 0.93 0.98 1.09 1.15 1.39 1.41 1.91 1.86 1.80 2.69 3.07 3.069
EV/EBIT 7.50 -1688.97 -34.58 -20.79 -16.76 11.13 12.68 5.22 7.84 9.98 10.72 38.66 30.97 35.37 31.16 37.33 38.37 31.52 45.17 53.32 53.323
EV/FCF 8.27 10.18 15.71 22.28 174.79 -23.80 55.94 42.69 -11.08 -23.15 -13.64 -13.05 -21.06 -22.17 -16.34 -14.27 -19.62 -34.05 -160.52 71.40 71.400
Earnings Yield 33.8% 18.5% 16.6% 17.3% 20.3% 8.3% 7.2% 14.3% 10.7% 8.4% 8.3% 2.2% 2.7% 2.0% 2.4% 2.0% 1.9% 2.6% 1.8% 1.5% 1.45%
FCF Yield 14.1% 10.6% 7.6% 5.4% 0.7% -5.3% 2.3% 2.4% -10.3% -4.9% -9.0% -9.3% -6.2% -5.6% -8.0% -8.7% -6.4% -3.6% -0.7% 1.6% 1.56%
PEG Ratio snapshot only 0.486
Price/Tangible Book snapshot only 8.181
EV/OCF snapshot only 18.631
EV/Gross Profit snapshot only 5.129
Acquirers Multiple snapshot only 51.801
Shareholder Yield snapshot only 0.00%
Graham Number snapshot only $10.26
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 1.61 1.85 2.05 1.92 1.85 2.07 1.97 2.00 1.98 1.83 1.98 1.78 1.57 1.23 1.04 0.90 0.81 0.86 0.83 0.96 0.958
Quick Ratio 1.57 1.80 2.01 1.86 1.81 2.03 1.92 1.97 1.93 1.79 1.94 1.75 1.53 1.20 1.01 0.85 0.77 0.82 0.80 0.92 0.921
Debt/Equity 0.66 0.69 0.72 0.72 0.74 0.69 0.74 0.63 0.65 0.70 0.87 0.89 1.01 1.00 0.99 1.05 1.05 1.02 1.04 1.13 1.127
Net Debt/Equity 0.25 0.10 0.26 0.23 0.24 0.27 0.34 0.05 0.23 0.24 0.44 0.48 0.69 0.66 0.83 0.95 0.98 0.88 0.95 0.91 0.909
Debt/Assets 0.30 0.33 0.35 0.35 0.35 0.35 0.36 0.31 0.33 0.34 0.40 0.40 0.42 0.41 0.41 0.42 0.42 0.41 0.42 0.43 0.431
Debt/EBITDA 2.24 13.94 253.17 -33.94 -25.27 4.25 4.36 2.09 2.33 2.80 3.22 6.84 6.28 5.96 5.27 5.00 4.89 4.12 3.64 3.76 3.762
Net Debt/EBITDA 0.84 2.08 89.99 -10.98 -8.08 1.68 1.97 0.16 0.83 0.98 1.64 3.72 4.30 3.97 4.41 4.56 4.55 3.54 3.35 3.03 3.033
Interest Coverage 22.00 -0.05 -3.22 -5.50 -7.00 107.62 118.91 299.04 312.35 101.20 40.50 7.50 7.27 6.74 7.62 8.41 7.53 8.70 9.18 8.70 8.702
Equity Multiplier 2.22 2.09 2.05 2.06 2.11 2.01 2.08 2.02 2.01 2.07 2.16 2.22 2.38 2.45 2.40 2.48 2.51 2.47 2.45 2.62 2.618
Cash Ratio snapshot only 0.398
Debt Service Coverage snapshot only 16.061
Cash to Debt snapshot only 0.194
FCF to Debt snapshot only 0.108
Defensive Interval snapshot only 113.4 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 1.43 1.24 1.29 1.29 1.26 1.19 1.24 1.20 1.21 1.19 1.24 1.21 1.18 1.13 1.16 1.15 1.14 1.11 1.19 1.17 1.168
Inventory Turnover 45.04 54.32 53.82 45.31 50.10 55.72 57.11 54.84 55.86 58.31 66.15 70.50 62.93 60.58 77.35 54.72 67.75 58.36 88.64 53.42 53.424
Receivables Turnover 10.37 11.94 10.38 10.79 11.13 11.00 10.13 11.30 10.18 10.38 10.46 10.80 9.06 11.19 10.35 10.30 9.49 10.25 9.93 12.26 12.258
Payables Turnover 8.07 9.93 9.27 10.63 9.11 13.05 11.58 10.04 9.33 11.33 12.28 9.64 7.82 6.59 7.65 7.07 6.25 6.41 6.91 7.09 7.089
DSO 35 31 35 34 33 33 36 32 36 35 35 34 40 33 35 35 38 36 37 30 29.8 days
DIO 8 7 7 8 7 7 6 7 7 6 6 5 6 6 5 7 5 6 4 7 6.8 days
DPO 45 37 39 34 40 28 32 36 39 32 30 38 47 55 48 52 58 57 53 51 51.5 days
Cash Conversion Cycle -2 1 3 8 0 12 11 3 3 9 11 1 -1 -17 -8 -10 -15 -15 -12 -15 -14.9 days
Fixed Asset Turnover snapshot only 1.557
Operating Cycle snapshot only 36.6 days
Cash Velocity snapshot only 12.920
Capital Intensity snapshot only 0.928
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 15.5% 14.4% 12.9% 7.1% 4.6% 3.9% 3.9% 5.3% 6.7% 8.6% 11.7% 13.6% 15.2% 16.4% 15.2% 14.5% 16.9% 17.8% 19.9% 22.0% 22.02%
Net Income 3.8% -28.5% -44.3% -49.8% -50.6% -63.6% -59.8% 3.2% -1.0% 1.1% 1.1% -72.8% -64.5% -62.0% -53.5% 79.5% 43.5% 1.0% 86.0% 59.6% 59.61%
EPS 3.8% -29.5% -46.1% -51.5% -51.1% -65.3% -65.6% -11.8% -18.1% 76.4% 1.1% -73.0% -64.9% -62.3% -54.6% 76.0% 42.2% 1.0% 84.5% 58.9% 58.86%
FCF 1.3% 11.2% -35.2% -27.1% -95.9% -1.4% -72.5% -43.4% -28.4% -86.8% -8.3% -7.8% 13.4% -82.0% -38.6% -84.3% -1.0% 0.9% 76.7% 1.4% 1.39%
EBITDA 60.6% -68.2% -98.6% -1.1% -1.1% 2.4% 56.4% 17.1% 11.9% 76.1% 91.9% -54.3% -38.4% -28.5% -24.5% 76.6% 47.2% 66.1% 69.4% 60.3% 60.33%
Op. Income 92.2% 2.3% 93.8% 63.1% 48.0% -67.0% -63.9% -3.1% -8.4% 1.0% 1.2% -75.7% -63.0% -54.5% -44.0% 1.5% 78.0% 1.0% 75.3% 46.8% 46.76%
OCF Growth snapshot only 2.38%
Asset Growth snapshot only 18.43%
Equity Growth snapshot only 12.02%
Debt Growth snapshot only 20.60%
Shares Change snapshot only 0.47%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y 8.1% 8.4% 8.7% 8.6% 8.5% 8.4% 8.0% 8.8% 8.8% 8.9% 9.4% 8.6% 8.7% 9.5% 10.1% 11.0% 12.8% 14.2% 15.6% 16.7% 16.66%
Revenue 5Y 12.3% 12.6% 10.4% 8.5% 7.1% 5.9% 6.4% 6.9% 7.1% 7.5% 8.3% 8.9% 9.4% 10.0% 10.1% 10.9% 11.6% 12.1% 12.6% 12.3% 12.34%
EPS 3Y — — — — — 79.9% 20.5% 35.4% 24.1% -24.5% -27.1% -51.3% -48.0% -38.7% -31.1% -25.2% -25.8% 10.2% 20.6% -9.0% -8.97%
EPS 5Y — — — — — — — — — — — — — 31.1% 10.7% 3.4% -1.0% -20.0% -20.1% -20.2% -20.24%
Net Income 3Y — — — — — 84.4% 28.8% 45.1% 33.2% -18.8% -22.1% -47.9% -44.2% -34.2% -26.6% -20.4% -20.4% 16.5% 22.3% -8.0% -7.96%
Net Income 5Y — — — — — — — — — — — — — 37.5% 16.0% 8.3% 3.8% -16.3% -16.4% -16.6% -16.58%
EBITDA 3Y 68.3% 12.6% -59.9% — — 22.8% 12.7% 34.6% 28.3% 23.6% 14.7% -12.2% -6.8% 61.9% 3.4% — — 27.9% 34.9% 8.9% 8.93%
EBITDA 5Y 37.6% 17.3% -32.3% — — 42.5% 46.5% 51.4% 44.3% 53.4% 47.9% 23.3% 25.2% 18.4% 15.7% 14.5% 13.8% 17.5% 14.1% 13.9% 13.86%
Gross Profit 3Y 12.5% 12.5% 12.2% 11.3% 10.7% 10.0% 9.0% 8.9% 8.5% 8.1% 8.7% 8.0% 8.2% 9.6% 10.8% 12.6% 14.8% 16.2% 17.5% 18.6% 18.56%
Gross Profit 5Y 16.0% 15.9% 13.2% 11.3% 9.9% 8.5% 9.0% 9.1% 9.0% 9.4% 10.2% 10.6% 11.0% 11.5% 11.4% 12.0% 12.7% 12.9% 13.2% 12.8% 12.77%
Op. Income 3Y — — — — 2.5% 45.9% 20.9% 47.6% 37.6% 31.2% 15.4% -27.3% -20.6% -32.5% -23.7% -16.7% -15.5% 23.1% 29.2% -4.3% -4.32%
Op. Income 5Y — — — — — — — — — — — — 69.6% 23.7% 16.8% 13.9% 11.4% 15.5% 8.6% 6.7% 6.71%
FCF 3Y — — — — — — — -23.2% — — — — — — — — — — — 70.2% 70.25%
FCF 5Y — — — — — — — — — — — — — — — — — — — 15.3% 15.26%
OCF 3Y — — — — — -3.7% — 5.3% -37.8% 2.9% -26.4% -22.1% -12.3% 2.2% 18.8% 19.3% 64.8% 3.1% 68.8% 64.1% 64.10%
OCF 5Y 67.8% — — — — — — — — — — — — 97.0% — 8.8% 23.4% 20.4% 21.6% 39.1% 39.06%
Assets 3Y 27.4% 26.5% 22.6% 22.6% 21.7% 14.4% 18.4% 16.9% 15.3% 12.1% 14.0% 14.4% 16.8% 13.9% 14.1% 16.2% 17.0% 19.1% 20.1% 19.4% 19.38%
Assets 5Y 5.9% 12.6% 16.0% 17.0% 19.9% 13.4% 19.2% 21.9% 20.8% 18.8% 17.9% 18.8% 20.1% 17.5% 20.4% 18.1% 17.8% 15.0% 15.2% 16.7% 16.71%
Equity 3Y 48.4% 52.5% 59.6% 63.2% 60.2% 38.0% 36.7% 41.9% 40.0% 17.4% 15.5% 14.5% 14.3% 8.0% 8.1% 9.3% 10.4% 11.3% 13.7% 9.4% 9.43%
Book Value 3Y 47.2% 51.2% 57.1% 60.2% 58.6% 34.7% 27.9% 32.5% 30.4% 9.2% 8.1% 7.2% 6.5% 0.6% 1.5% 2.7% 2.9% 5.2% 12.1% 8.2% 8.23%
Dividend 3Y 3.4% -4.8% -11.6% -16.6% -0.9% -5.4% -18.5% -30.5% -49.1% — — — — — — — — — — — —
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability 0.96 0.97 0.98 0.97 0.94 0.89 0.94 0.96 0.96 0.97 0.97 0.98 0.96 0.95 0.95 0.96 0.94 0.93 0.93 0.90 0.896
Earnings Stability 0.59 0.85 0.79 0.77 0.77 0.43 0.33 0.51 0.47 0.22 0.14 0.05 0.04 0.02 0.05 0.13 0.15 0.56 0.48 0.54 0.542
Margin Stability 0.93 0.94 0.94 0.94 0.94 0.94 0.94 0.95 0.96 0.96 0.96 0.96 0.97 0.97 0.98 0.98 0.98 0.98 0.98 0.98 0.978
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.50 0.50 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.000
FCF Positive Streak 1 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence 0.50 0.89 0.82 0.80 0.50 0.50 0.50 0.99 1.00 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.83 0.50 0.50 0.50 0.500
Earnings Smoothness 0.00 0.67 0.43 0.34 0.32 0.07 0.15 0.97 0.99 0.31 0.28 0.00 0.05 0.10 0.27 0.43 0.64 0.32 0.40 0.54 0.541
ROE Trend 0.43 -0.01 -0.09 -0.14 -0.15 -0.27 -0.27 -0.17 -0.17 -0.01 0.00 -0.15 -0.13 -0.07 -0.06 -0.04 -0.04 -0.01 0.00 0.05 0.049
Gross Margin Trend 0.03 0.02 0.01 -0.00 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.00 0.00 0.01 0.02 0.02 0.03 0.03 0.02 0.02 0.01 0.010
FCF Margin Trend 0.06 0.04 0.02 -0.01 -0.05 -0.08 -0.05 -0.02 -0.11 -0.06 -0.10 -0.10 -0.02 -0.03 -0.06 -0.10 -0.03 -0.00 0.06 0.15 0.151
Sustainable Growth Rate 64.9% 27.4% 23.7% 21.8% 21.3% 8.0% 8.3% 19.6% 18.7% 16.7% 17.3% 5.0% 6.0% 5.7% 7.0% 8.3% 7.9% 10.6% 11.9% 11.9% 11.90%
Internal Growth Rate 31.9% 14.1% 12.5% 11.4% 10.9% 4.1% 4.2% 10.7% 10.0% 8.9% 8.9% 2.4% 2.8% 2.6% 3.2% 3.6% 3.4% 4.5% 5.2% 4.9% 4.90%
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income 0.55 0.79 0.70 0.58 0.37 0.07 1.23 0.73 0.14 0.98 0.42 1.07 2.13 2.96 2.98 1.95 3.26 2.97 3.22 4.12 4.124
FCF/OCF 0.77 0.73 0.66 0.54 0.09 -9.19 0.26 0.23 -6.89 -0.59 -2.61 -3.97 -1.11 -0.94 -1.09 -2.25 -1.02 -0.46 -0.13 0.26 0.261
FCF/Net Income snapshot only 1.076
OCF/EBITDA snapshot only 1.551
CapEx/Revenue 2.2% 2.2% 2.2% 2.2% 2.7% 2.6% 3.2% 4.5% 8.3% 10.8% 9.9% 10.4% 10.4% 12.9% 16.5% 19.3% 18.8% 16.7% 14.9% 12.2% 12.17%
CapEx/Depreciation snapshot only 2.501
Accruals Ratio 0.11 0.03 0.03 0.05 0.07 0.04 -0.01 0.03 0.08 0.00 0.05 -0.00 -0.03 -0.05 -0.06 -0.03 -0.07 -0.08 -0.11 -0.15 -0.146
Sloan Accruals snapshot only -0.049
Cash Flow Adequacy snapshot only 1.353
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 0.7% 0.6% 0.7% 0.7% 0.9% 0.7% 0.5% 0.2% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.05 $0.05 $0.05 $0.05 $0.05 $0.04 $0.03 $0.02 $0.01 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 2.1% 3.5% 4.0% 4.3% 4.3% 8.8% 6.6% 1.7% 0.7% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 5.1% 6.1% 8.7% 13.9% 1.2% — 20.9% 10.1% — — — — — — — — — — — 0.0% 0.00%
Total Payout Ratio 2.1% 3.5% 4.0% 13.3% 28.4% 83.6% 88.2% 28.4% 13.7% 3.4% 1.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Div. Increase Streak 1 0 0 0 1 0 0 0 0 — — — — — — — — — — — —
Chowder Number 0.14 -0.11 -0.27 -0.38 0.01 -0.08 -0.33 -0.58 -0.84 — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 1.5% 4.9% 6.2% 5.9% 3.8% 1.4% 0.3% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield 0.0% 0.0% 0.0% 1.5% 4.9% 6.2% 5.9% 3.8% 1.4% 0.3% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Shareholder Return 0.7% 0.6% 0.7% 2.3% 5.8% 6.9% 6.4% 4.1% 1.5% 0.3% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 0.59 0.73 0.74 0.74 0.74 0.77 0.76 0.73 0.73 0.73 0.72 0.74 0.73 0.67 0.67 0.68 0.68 0.77 0.78 0.78 0.784
Interest Burden (EBT/EBIT) 3.65 -393.71 -6.46 -4.07 -3.70 0.95 0.95 0.98 1.00 1.01 1.00 0.94 0.86 0.85 0.87 0.88 0.87 0.88 0.89 0.89 0.885
EBIT Margin 0.08 -0.00 -0.02 -0.03 -0.03 0.05 0.05 0.11 0.10 0.09 0.09 0.03 0.04 0.04 0.05 0.05 0.05 0.06 0.06 0.06 0.058
Asset Turnover 1.43 1.24 1.29 1.29 1.26 1.19 1.24 1.20 1.21 1.19 1.24 1.21 1.18 1.13 1.16 1.15 1.14 1.11 1.19 1.17 1.168
Equity Multiplier 2.68 2.21 2.13 2.14 2.16 2.05 2.06 2.04 2.06 2.04 2.12 2.12 2.20 2.27 2.29 2.35 2.45 2.46 2.43 2.55 2.551
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $2.26 $1.38 $1.19 $1.09 $1.10 $0.48 $0.41 $0.96 $0.90 $0.84 $0.85 $0.26 $0.32 $0.32 $0.39 $0.46 $0.45 $0.64 $0.72 $0.73 $0.73
Book Value/Share $4.53 $5.62 $5.47 $5.33 $5.44 $5.48 $4.50 $5.08 $5.12 $5.41 $5.43 $5.38 $5.48 $5.72 $5.72 $5.78 $5.93 $6.39 $6.35 $6.44 $6.47
Tangible Book/Share $3.96 $5.04 $4.90 $4.77 $4.87 $4.93 $4.02 $4.73 $4.77 $5.06 $5.07 $5.03 $5.13 $5.38 $5.38 $5.43 $5.59 $6.04 $6.00 $6.10 $6.10
Revenue/Share $13.10 $13.32 $13.21 $13.16 $13.57 $13.17 $11.75 $11.83 $11.97 $12.26 $13.01 $13.32 $13.63 $14.13 $14.62 $14.96 $15.80 $16.58 $17.38 $18.17 $18.26
FCF/Share $0.94 $0.79 $0.54 $0.34 $0.04 $-0.31 $0.13 $0.16 $-0.87 $-0.49 $-0.93 $-1.11 $-0.75 $-0.88 $-1.26 $-2.00 $-1.49 $-0.87 $-0.29 $0.78 $0.78
OCF/Share $1.23 $1.09 $0.83 $0.63 $0.41 $0.03 $0.50 $0.70 $0.13 $0.83 $0.36 $0.28 $0.67 $0.94 $1.15 $0.89 $1.47 $1.90 $2.31 $2.99 $3.01
Cash/Share $1.88 $3.31 $2.55 $2.58 $2.74 $2.30 $1.83 $2.98 $2.15 $2.46 $2.30 $2.18 $1.74 $1.90 $0.92 $0.53 $0.43 $0.91 $0.53 $1.41 $1.41
EBITDA/Share $1.34 $0.28 $0.02 $-0.11 $-0.16 $0.90 $0.77 $1.54 $1.44 $1.35 $1.46 $0.70 $0.88 $0.96 $1.08 $1.21 $1.28 $1.58 $1.81 $1.93 $1.93
Debt/Share $3.00 $3.89 $3.96 $3.81 $4.03 $3.81 $3.35 $3.23 $3.35 $3.79 $4.71 $4.78 $5.51 $5.70 $5.67 $6.05 $6.25 $6.52 $6.59 $7.26 $7.26
Net Debt/Share $1.12 $0.58 $1.41 $1.23 $1.29 $1.51 $1.52 $0.24 $1.20 $1.32 $2.40 $2.60 $3.77 $3.80 $4.75 $5.51 $5.82 $5.61 $6.06 $5.85 $5.85
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 4.423
Altman Z-Prime snapshot only 6.036
Piotroski F-Score 7 4 4 3 3 4 5 5 6 4 5 5 5 5 5 6 7 6 5 6 6
Beneish M-Score -1.75 -2.62 -2.27 -2.32 -2.17 -1.84 -2.53 -2.39 -1.96 -2.56 -2.18 -2.19 -2.36 -2.52 -2.60 -2.56 -2.76 -2.58 -2.69 -2.97 -2.969
Ohlson O-Score snapshot only -6.425
ROIC (Greenblatt) snapshot only 9.08%
Net-Net WC snapshot only $-7.04
EVA snapshot only $-12112957.08
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only A-
Credit Score 76.40 37.02 38.26 44.03 42.61 68.83 67.25 73.72 73.54 70.29 67.06 57.96 56.29 53.61 56.06 54.94 56.43 57.51 67.14 68.42 68.418
Credit Grade snapshot only 7
Credit Trend snapshot only 13.481
Implied Spread (bps) snapshot only 175.000
Industry Credit Rank snapshot only 54
Sector Credit Rank snapshot only 58

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms