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LINCOLN EDUCATIONAL SERVICES CORP（LINC）与Ramaco Resources, Inc.（METC）财务数据对比。点击上方公司名可切换其他公司
LINCOLN EDUCATIONAL SERVICES CORP的季度营收约是Ramaco Resources, Inc.的1.2倍（$142.9M vs $121.0M），LINCOLN EDUCATIONAL SERVICES CORP净利率更高（8.9% vs -11.0%，领先19.9%），LINCOLN EDUCATIONAL SERVICES CORP同比增速更快（19.7% vs -27.7%），LINCOLN EDUCATIONAL SERVICES CORP自由现金流更多（$25.0M vs $-17.5M），过去两年LINCOLN EDUCATIONAL SERVICES CORP的营收复合增速更高（17.6% vs -22.7%）
林肯技术教育集团是美国营利性高等职业教育机构，总部位于新泽西州帕西帕尼，在美国科罗拉多、康涅狄格、佐治亚等12个州都设有校区，所有校区均由林肯教育服务公司持有运营，主打面向就业的高等职业技术教育服务。
Ramaco Resources, Inc.是一家总部位于美国的矿业企业，主营高等级冶金煤生产，在阿巴拉契亚地区运营多处采矿资产，产品供应全球钢铁制造商及工业客户，核心业务为可持续、低成本的冶金煤开采与分销。
LINC vs METC — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $142.9M | $121.0M |
| 净利润 | $12.7M | $-13.3M |
| 毛利率 | 62.3% | 15.8% |
| 营业利润率 | 12.4% | -12.0% |
| 净利率 | 8.9% | -11.0% |
| 营收同比 | 19.7% | -27.7% |
| 净利润同比 | 85.9% | -5468.2% |
| 每股收益（稀释后） | $0.41 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $142.9M | — | ||
| Q3 25 | $141.4M | $121.0M | ||
| Q2 25 | $116.5M | $153.0M | ||
| Q1 25 | $117.5M | $134.7M | ||
| Q4 24 | $119.4M | $170.9M | ||
| Q3 24 | $114.4M | $167.4M | ||
| Q2 24 | $102.9M | $155.3M | ||
| Q1 24 | $103.4M | $172.7M |
| Q4 25 | $12.7M | — | ||
| Q3 25 | $3.8M | $-13.3M | ||
| Q2 25 | $1.6M | $-14.0M | ||
| Q1 25 | $1.9M | $-9.5M | ||
| Q4 24 | $6.8M | $3.9M | ||
| Q3 24 | $4.0M | $-239.0K | ||
| Q2 24 | $-682.0K | $5.5M | ||
| Q1 24 | $-214.0K | $2.0M |
| Q4 25 | 62.3% | — | ||
| Q3 25 | 59.5% | 15.8% | ||
| Q2 25 | 59.8% | 12.3% | ||
| Q1 25 | 59.7% | 15.2% | ||
| Q4 24 | 62.2% | 20.4% | ||
| Q3 24 | 58.0% | 19.5% | ||
| Q2 24 | 55.7% | 21.0% | ||
| Q1 24 | 58.4% | 19.1% |
| Q4 25 | 12.4% | — | ||
| Q3 25 | 4.4% | -12.0% | ||
| Q2 25 | 2.5% | -9.1% | ||
| Q1 25 | 2.9% | -8.9% | ||
| Q4 24 | 9.2% | 3.7% | ||
| Q3 24 | 5.1% | 1.0% | ||
| Q2 24 | -1.1% | 3.5% | ||
| Q1 24 | -0.4% | 1.9% |
| Q4 25 | 8.9% | — | ||
| Q3 25 | 2.7% | -11.0% | ||
| Q2 25 | 1.3% | -9.1% | ||
| Q1 25 | 1.7% | -7.0% | ||
| Q4 24 | 5.7% | 2.3% | ||
| Q3 24 | 3.5% | -0.1% | ||
| Q2 24 | -0.7% | 3.6% | ||
| Q1 24 | -0.2% | 1.2% |
| Q4 25 | $0.41 | — | ||
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.22 | $0.06 | ||
| Q3 24 | $0.13 | $-0.03 | ||
| Q2 24 | $-0.02 | $0.08 | ||
| Q1 24 | $-0.01 | $0.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $28.5M | $193.8M |
| 总债务越低越好 | — | $116.3M |
| 股东权益账面价值 | $199.7M | $526.9M |
| 总资产 | $493.2M | $849.7M |
| 负债/权益比越低杠杆越低 | — | 0.22× |
8季度趋势，按日历期对齐
| Q4 25 | $28.5M | — | ||
| Q3 25 | $13.5M | $193.8M | ||
| Q2 25 | $16.7M | $28.1M | ||
| Q1 25 | $28.7M | $43.5M | ||
| Q4 24 | $59.3M | $33.0M | ||
| Q3 24 | $54.0M | $22.9M | ||
| Q2 24 | $67.0M | $27.6M | ||
| Q1 24 | $68.6M | $30.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $116.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $88.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $199.7M | — | ||
| Q3 25 | $185.9M | $526.9M | ||
| Q2 25 | $180.7M | $347.4M | ||
| Q1 25 | $177.8M | $355.2M | ||
| Q4 24 | $178.3M | $362.8M | ||
| Q3 24 | $170.0M | $361.8M | ||
| Q2 24 | $164.9M | $366.1M | ||
| Q1 24 | $164.5M | $372.3M |
| Q4 25 | $493.2M | — | ||
| Q3 25 | $466.9M | $849.7M | ||
| Q2 25 | $447.3M | $674.6M | ||
| Q1 25 | $427.4M | $685.7M | ||
| Q4 24 | $436.6M | $674.7M | ||
| Q3 24 | $404.0M | $645.4M | ||
| Q2 24 | $366.4M | $659.2M | ||
| Q1 24 | $355.2M | $674.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $43.5M | $-1.4M |
| 自由现金流经营现金流 - 资本支出 | $25.0M | $-17.5M |
| 自由现金流率自由现金流/营收 | 17.5% | -14.5% |
| 资本支出强度资本支出/营收 | 13.0% | 13.3% |
| 现金转化率经营现金流/净利润 | 3.43× | — |
| 过去12个月自由现金流最近4个季度 | $-27.3M | $-24.7M |
8季度趋势，按日历期对齐
| Q4 25 | $43.5M | — | ||
| Q3 25 | $23.9M | $-1.4M | ||
| Q2 25 | $299.0K | $-4.3M | ||
| Q1 25 | $-8.4M | $26.0M | ||
| Q4 24 | $30.3M | $15.7M | ||
| Q3 24 | $5.6M | $37.4M | ||
| Q2 24 | $8.3M | $34.4M | ||
| Q1 24 | $-14.9M | $25.2M |
| Q4 25 | $25.0M | — | ||
| Q3 25 | $2.0M | $-17.5M | ||
| Q2 25 | $-26.1M | $-19.8M | ||
| Q1 25 | $-28.3M | $7.6M | ||
| Q4 24 | $5.5M | $5.1M | ||
| Q3 24 | $-13.8M | $25.6M | ||
| Q2 24 | $-2.7M | $20.3M | ||
| Q1 24 | $-16.6M | $6.5M |
| Q4 25 | 17.5% | — | ||
| Q3 25 | 1.4% | -14.5% | ||
| Q2 25 | -22.4% | -13.0% | ||
| Q1 25 | -24.1% | 5.6% | ||
| Q4 24 | 4.6% | 3.0% | ||
| Q3 24 | -12.0% | 15.3% | ||
| Q2 24 | -2.6% | 13.1% | ||
| Q1 24 | -16.1% | 3.7% |
| Q4 25 | 13.0% | — | ||
| Q3 25 | 15.5% | 13.3% | ||
| Q2 25 | 22.7% | 10.2% | ||
| Q1 25 | 16.9% | 13.7% | ||
| Q4 24 | 20.8% | 6.2% | ||
| Q3 24 | 16.9% | 7.0% | ||
| Q2 24 | 10.7% | 9.1% | ||
| Q1 24 | 1.6% | 10.8% |
| Q4 25 | 3.43× | — | ||
| Q3 25 | 6.29× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | -4.31× | — | ||
| Q4 24 | 4.43× | 4.06× | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | — | 6.21× | ||
| Q1 24 | — | 12.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LINC
| Transferred Over Time | $136.0M | 95% |
| Transferred At Point In Time | $6.9M | 5% |
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
