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Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) and LINCOLN EDUCATIONAL SERVICES CORP (LINC). Click either name above to swap in a different company.

LINCOLN EDUCATIONAL SERVICES CORP is the larger business by last-quarter revenue ($142.9M vs $77.4M, roughly 1.8× InvenTrust Properties Corp.). LINCOLN EDUCATIONAL SERVICES CORP runs the higher net margin — 8.9% vs 3.4%, a 5.5% gap on every dollar of revenue. On growth, LINCOLN EDUCATIONAL SERVICES CORP posted the faster year-over-year revenue change (19.7% vs 8.6%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $25.0M). Over the past eight quarters, LINCOLN EDUCATIONAL SERVICES CORP's revenue compounded faster (17.6% CAGR vs 7.6%).

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

Lincoln Tech is an American group of for-profit postsecondary vocational institutions headquartered in Parsippany, New Jersey with campuses in Colorado, Connecticut, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, and Texas. Each campus is owned and operated by Lincoln Educational Services Corporation, a provider of career-oriented post-secondary education.

IVT vs LINC — Head-to-Head

Bigger by revenue
LINC
LINC
1.8× larger
LINC
$142.9M
$77.4M
IVT
Growing faster (revenue YoY)
LINC
LINC
+11.1% gap
LINC
19.7%
8.6%
IVT
Higher net margin
LINC
LINC
5.5% more per $
LINC
8.9%
3.4%
IVT
More free cash flow
IVT
IVT
$85.9M more FCF
IVT
$110.9M
$25.0M
LINC
Faster 2-yr revenue CAGR
LINC
LINC
Annualised
LINC
17.6%
7.6%
IVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVT
IVT
LINC
LINC
Revenue
$77.4M
$142.9M
Net Profit
$2.7M
$12.7M
Gross Margin
62.3%
Operating Margin
-11.0%
12.4%
Net Margin
3.4%
8.9%
Revenue YoY
8.6%
19.7%
Net Profit YoY
-72.8%
85.9%
EPS (diluted)
$0.02
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IVT
IVT
LINC
LINC
Q4 25
$77.4M
$142.9M
Q3 25
$74.5M
$141.4M
Q2 25
$73.6M
$116.5M
Q1 25
$73.8M
$117.5M
Q4 24
$71.2M
$119.4M
Q3 24
$68.5M
$114.4M
Q2 24
$67.4M
$102.9M
Q1 24
$66.8M
$103.4M
Net Profit
IVT
IVT
LINC
LINC
Q4 25
$2.7M
$12.7M
Q3 25
$6.0M
$3.8M
Q2 25
$95.9M
$1.6M
Q1 25
$6.8M
$1.9M
Q4 24
$9.8M
$6.8M
Q3 24
$-539.0K
$4.0M
Q2 24
$1.5M
$-682.0K
Q1 24
$2.9M
$-214.0K
Gross Margin
IVT
IVT
LINC
LINC
Q4 25
62.3%
Q3 25
59.5%
Q2 25
59.8%
Q1 25
59.7%
Q4 24
62.2%
Q3 24
58.0%
Q2 24
55.7%
Q1 24
58.4%
Operating Margin
IVT
IVT
LINC
LINC
Q4 25
-11.0%
12.4%
Q3 25
-9.8%
4.4%
Q2 25
2.5%
Q1 25
-10.5%
2.9%
Q4 24
-3.6%
9.2%
Q3 24
-18.7%
5.1%
Q2 24
-13.6%
-1.1%
Q1 24
-13.1%
-0.4%
Net Margin
IVT
IVT
LINC
LINC
Q4 25
3.4%
8.9%
Q3 25
8.1%
2.7%
Q2 25
130.4%
1.3%
Q1 25
9.2%
1.7%
Q4 24
13.8%
5.7%
Q3 24
-0.8%
3.5%
Q2 24
2.2%
-0.7%
Q1 24
4.3%
-0.2%
EPS (diluted)
IVT
IVT
LINC
LINC
Q4 25
$0.02
$0.41
Q3 25
$0.08
$0.12
Q2 25
$1.23
$0.05
Q1 25
$0.09
$0.06
Q4 24
$0.14
$0.22
Q3 24
$-0.01
$0.13
Q2 24
$0.02
$-0.02
Q1 24
$0.04
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IVT
IVT
LINC
LINC
Cash + ST InvestmentsLiquidity on hand
$28.5M
Total DebtLower is stronger
$825.9M
Stockholders' EquityBook value
$1.8B
$199.7M
Total Assets
$2.8B
$493.2M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVT
IVT
LINC
LINC
Q4 25
$28.5M
Q3 25
$13.5M
Q2 25
$16.7M
Q1 25
$28.7M
Q4 24
$59.3M
Q3 24
$54.0M
Q2 24
$67.0M
Q1 24
$68.6M
Total Debt
IVT
IVT
LINC
LINC
Q4 25
$825.9M
Q3 25
$764.6M
Q2 25
$746.3M
Q1 25
$740.7M
Q4 24
$740.4M
Q3 24
$740.1M
Q2 24
$812.2M
Q1 24
$827.5M
Stockholders' Equity
IVT
IVT
LINC
LINC
Q4 25
$1.8B
$199.7M
Q3 25
$1.8B
$185.9M
Q2 25
$1.8B
$180.7M
Q1 25
$1.7B
$177.8M
Q4 24
$1.8B
$178.3M
Q3 24
$1.8B
$170.0M
Q2 24
$1.5B
$164.9M
Q1 24
$1.5B
$164.5M
Total Assets
IVT
IVT
LINC
LINC
Q4 25
$2.8B
$493.2M
Q3 25
$2.7B
$466.9M
Q2 25
$2.7B
$447.3M
Q1 25
$2.6B
$427.4M
Q4 24
$2.6B
$436.6M
Q3 24
$2.6B
$404.0M
Q2 24
$2.5B
$366.4M
Q1 24
$2.5B
$355.2M
Debt / Equity
IVT
IVT
LINC
LINC
Q4 25
0.46×
Q3 25
0.42×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IVT
IVT
LINC
LINC
Operating Cash FlowLast quarter
$155.4M
$43.5M
Free Cash FlowOCF − Capex
$110.9M
$25.0M
FCF MarginFCF / Revenue
143.3%
17.5%
Capex IntensityCapex / Revenue
57.5%
13.0%
Cash ConversionOCF / Net Profit
58.41×
3.43×
TTM Free Cash FlowTrailing 4 quarters
$193.1M
$-27.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVT
IVT
LINC
LINC
Q4 25
$155.4M
$43.5M
Q3 25
$43.8M
$23.9M
Q2 25
$48.7M
$299.0K
Q1 25
$20.2M
$-8.4M
Q4 24
$136.9M
$30.3M
Q3 24
$38.4M
$5.6M
Q2 24
$46.7M
$8.3M
Q1 24
$14.8M
$-14.9M
Free Cash Flow
IVT
IVT
LINC
LINC
Q4 25
$110.9M
$25.0M
Q3 25
$31.4M
$2.0M
Q2 25
$38.0M
$-26.1M
Q1 25
$12.8M
$-28.3M
Q4 24
$100.8M
$5.5M
Q3 24
$29.3M
$-13.8M
Q2 24
$37.2M
$-2.7M
Q1 24
$7.7M
$-16.6M
FCF Margin
IVT
IVT
LINC
LINC
Q4 25
143.3%
17.5%
Q3 25
42.2%
1.4%
Q2 25
51.6%
-22.4%
Q1 25
17.4%
-24.1%
Q4 24
141.5%
4.6%
Q3 24
42.8%
-12.0%
Q2 24
55.2%
-2.6%
Q1 24
11.5%
-16.1%
Capex Intensity
IVT
IVT
LINC
LINC
Q4 25
57.5%
13.0%
Q3 25
16.7%
15.5%
Q2 25
14.6%
22.7%
Q1 25
10.0%
16.9%
Q4 24
50.7%
20.8%
Q3 24
13.3%
16.9%
Q2 24
14.0%
10.7%
Q1 24
10.6%
1.6%
Cash Conversion
IVT
IVT
LINC
LINC
Q4 25
58.41×
3.43×
Q3 25
7.27×
6.29×
Q2 25
0.51×
0.19×
Q1 25
2.97×
-4.31×
Q4 24
13.97×
4.43×
Q3 24
1.42×
Q2 24
31.15×
Q1 24
5.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IVT
IVT

Segment breakdown not available.

LINC
LINC

Transferred Over Time$136.0M95%
Transferred At Point In Time$6.9M5%

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