LINCOLN EDUCATIONAL SERVICES CORP
Close on Oct 19, 2026
- Market cap
- $702.84M
- P/E (TTM)
- 35.0
- Dividend yield
- –
About Lincoln Educational Services
Services-Educational Services, SIC 8200
Lincoln Educational Services Corporation provides career-oriented postsecondary education for recent high school graduates and working adults. The institution delivers hands-on and hybrid training across three core areas of study: skilled trades, automotive technology, and health sciences and information technology. Programs include certifications, diplomas, and associate degrees designed to prepare students for entry-level technical roles such as electricians, automotive technicians, welders, and medical assistants. Operating primarily under the Lincoln Technical Institute, Lincoln College of Technology, and Nashville Auto Diesel College brands, the company also partners with employers to provide customized workforce training.
The company operates 22 accredited campuses across 12 U.S. states, with additional locations planned in New York and Texas. Five facilities function as destination schools attracting students nationally, while the remaining campuses cater to local metropolitan communities. Lincoln Educational Services Corporation is headquartered in Parsippany, New Jersey.
Summary of the business section of Lincoln Educational Services's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LINCOLN EDUCATIONAL SERVICES CORP
- Founded
- 1946
- Headquarters
- Parsippany, NJ
- Address
- 14 Sylvan Way, Suite A 07054
- Phone
- (973) 736-9340
- Employees
- 2,590, Dec 31, 2025
- Industry
- Services-Educational Services
- Incorporated in
- New Jersey
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Morristown, New Jersey
Stock & identifiers
- Ticker
- LINC
- Exchange
- Nasdaq
- IPO date
- Jun 24, 2005
- Shares outstanding
- 32M, Aug 10, 2026
- Public float
- $624.94M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1286613
- CUSIP
- 533535100
- ISIN
- US5335351004
- LEI
- 549300BJ55KUY6RG7L98
- EIN
- 57-1150621
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scott M. Shaw | CEO, Director | 1,104,841 |
| Alexandra M. Luster | SVP and General Counsel | 82,356 |
| Brian K. Meyers | CFO and Treasurer | 160,712 |
| Chad D. Nyce | EVP & Chief Operating Officer | 174,206 |
| Stephen E. Ace | SVP and Chief Human Resources | 155,098 |
| Kevin M. Carney | Director | 55,573 |
| Felecia J. Pryor | Director | 14,801 |
| James J. Burke Jr | Director | 44,198 |
| Marta Newhart | Director | 10,059 |
| Sylvia Jean Young | Director | 15,192 |
| Michael A. Plater | Director | 20,063 |
| Anna Escobedo Cabral | Director | 10,059 |
| Carlton Rose | Director | 17,790 |
| John A. Bartholdson | Director | 2,150,769 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Shaw | $4.00M | $6.39M | $1.36M | $372 | $216 |
| FY2024 Mr.Shaw | $2.56M | $4.37M | $1.21M | $243 | $208 |
| FY2023 Mr.Shaw | $2.46M | $4.02M | $1.07M | $154 | $140 |
| FY2022 Mr.Shaw | $1.74M | $842.21K | $824.83K | $89 | $115 |
| FY2021 Mr.Shaw | $1.69M | $2.00M | $883.43K | $115 | $112 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 2,590 employees, including approximately 650 full-time instructors and approximately 400 part-time instructors, and approximately 1,590 employees serving in various administrative and management positions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 10, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 13, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 2, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 16, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 24, 2009 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 26, 2009 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 26, 2006 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 24, 2005 | IPO | Initial public offering priced (424B4 prospectus) |