LINCOLN EDUCATIONAL SERVICES CORPORATION Cash Flow Charts

8 quarters of history · ending 2025-12-31 · SEC EDGAR

Source:10-K · 10-Q

Capital Allocation

How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).

Capital Allocation Waterfall

Buybacks vs Stock-Based Comp

Net Debt Issuance

Cash Flow

Cash Flow by Activity

Operating Cash Flow↑+43.6% +$13M
$44M
Free Cash Flow↑+352.4% +$19M
$25M
Investing Cash Flow↓-344.5% -$28M
$-20M
Financing Cash Flow
$14M
Capex↓-25.3% -$6M
$19M
Acquisitions
Stock Buybacks
$0
Dividends Paid
Stock-Based Comp↑+10.4% +$132K
$1M
Debt Issued
$0
Debt Repaid
$8M
D&A↑+114.5% +$3M
$6M
SBC Allocated Expense↑+10.4% +$132K
$1M