Lincoln Educational Services (LINC) — Capital Reinvestment Ratio
Lincoln Educational Services (LINC) has a Capital Reinvestment Ratio of 0.43x as of December 2025, meaning it reinvests 0% of its operating cash flow ($43.51 Million) in capital expenditures ($18.51 Million). Check LINC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Lincoln Educational Services Capital Reinvestment Ratio (2003–2025)
This chart tracks Lincoln Educational Services's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see LINC cash flow metrics.
Annual Capital Reinvestment Ratio for Lincoln Educational Services (2003–2025)
Year-by-year Capital Reinvestment Ratio for Lincoln Educational Services from 2003 to 2025. See how much free cash does Lincoln Educational Services generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.46x | $59.19 Million | $86.63 Million | ▼ -24.6% |
| 2024 | 1.94x | $29.31 Million | $56.87 Million | ▲ +21.9% |
| 2023 | 1.59x | $25.56 Million | $40.70 Million | ▼ -84.4% |
| 2022 | 10.19x | $882.00K | $8.99 Million | ▲ +3613.1% |
| 2021 | 0.27x | $27.45 Million | $7.53 Million | ▲ +15.5% |
| 2020 | 0.24x | $23.48 Million | $5.58 Million | ▼ -95.6% |
| 2019 | 5.45x | $988.00K | $5.38 Million | ▲ +3423.1% |
| 2015 | 0.15x | $14.34 Million | $2.22 Million | ▼ -75.1% |
| 2014 | 0.62x | $12.02 Million | $7.47 Million | ▼ -69.1% |
| 2013 | 2.01x | $3.25 Million | $6.54 Million | ▲ +264.3% |
| 2012 | 0.55x | $15.99 Million | $8.84 Million | ▼ -46.6% |
| 2011 | 1.03x | $36.84 Million | $38.12 Million | ▲ +179.7% |
| 2010 | 0.37x | $114.46 Million | $42.35 Million | ▲ +12.7% |
| 2009 | 0.33x | $73.17 Million | $24.02 Million | ▼ -11.8% |
| 2008 | 0.37x | $54.18 Million | $20.17 Million | ▼ -76.4% |
| 2007 | 1.57x | $15.73 Million | $24.77 Million | ▲ +24.2% |
| 2006 | 1.27x | $15.26 Million | $19.34 Million | ▲ +118.4% |
| 2005 | 0.58x | $38.97 Million | $22.62 Million | ▼ -35.0% |
| 2004 | 0.89x | $26.67 Million | $23.81 Million | ▲ +141.2% |
| 2003 | 0.37x | $9.72 Million | $3.60 Million | — |