# Lincoln International Inc. (LCLN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $27.19, market value $2.9 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Lincoln International Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 3.3×**. Each dollar of revenue is priced at 3.3×.
- **Price / book: 7.0×**. The shares trade at 7.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 24.2×**. Enterprise value is 24.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 7.5%**. Free cash flow equals 7.5% of the market value. Above 5% is generally attractive.

## Profitability
- **Gross margin: 33.3%**. Lincoln International Inc. keeps 33.3% of revenue after the direct cost of what it sells.
- **Operating margin: 3.3%**. 3.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 0.6%**. 0.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.3%**. 1.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 4.6%**. Return on all capital, debt included, is 4.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.5%**. Each dollar of assets produces 0.5% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 47.6%** (3-yr 10.1%/yr). Revenue grew 47.6% over the last year.
- **EPS growth (1 yr): -94.2%** (3-yr -69.2%/yr). Earnings per share fell 94.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -15.7%/yr**. Free cash flow has compounded at -15.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $320 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 1.03%** ($0.28 per share, trailing). Lincoln International Inc. yields 1.03%, a modest yield more typical of a growth-oriented payer.
- **Shareholder yield: 6.8%**. Dividends plus net buybacks return 6.8% of the market value a year.

## Price and momentum
- **From 52-week high: -1.3%** (35.6% above the low). Trading within 5% of its 52-week high.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 0.58** (volatility 52%). Beta of 0.58 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LCLN · Page: https://foliofundamentals.com/stocks/lcln

Not investment advice.