LCLN (Lincoln International) EBIT: $28.5 Mil (TTM As of Dec. 2025)


LCLN Lincoln International Inc LCLN
21 GF Score
Price $21.56
! 4 Warning Signs
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What is Lincoln International EBIT?

Lincoln International LCLN -0.51% 21 EBIT is $28.5 Mil as of Dec. 2025. GuruFocus rates LCLN with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

Lincoln International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $28.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $28.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lincoln International's annualized ROC % for the quarter that ended in Dec. 2025 was 5.58%. Lincoln International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lincoln International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.60%.

Lincoln International  (NYSE:LCLN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Lincoln International's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=28.472 * ( 1 - 14.59% )/( (284.689 + 587.162)/ 2 )
=24.3179352/435.9255
=5.58 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=640.161 - 129.834 - ( 225.638 - max(0, 130.919 - 378.114+225.638))
=284.689

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1118.138 - 257.095 - ( 320.169 - max(0, 259.832 - 533.713+320.169))
=587.162

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Lincoln International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.472/( ( (173.924 + max(19.421, 0)) + (175.134 + max(-48.908, 0)) )/ 2 )
=28.472/( ( 193.345 + 175.134 )/ 2 )
=28.472/184.2395
=15.45 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(136.047 + 0 + 14.293) - (129.834 + 1.085 + 0)
=19.421

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(188.808 + 0 + 22.116) - (257.095 + 2.737 + -5.6843418860808E-14)
=-48.908

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lincoln International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=28.472/791.354
=3.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lincoln International EBIT Related Terms

Lincoln International EBIT Historical Data

* Premium members only.

The historical data trend for Lincoln International's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lincoln International EBIT Chart

Lincoln International Annual Data
Trend Dec20 Dec21 Dec23 Dec24 Dec25
EBIT
129.05 344.14 164.20 158.29 28.47

Lincoln International Semi-Annual Data
Dec20 Dec21 Dec23 Dec24 Dec25
EBIT 129.05 344.14 164.20 158.29 28.47

LCLN vs TIGR, ABTC, RHNO: EBIT Comparison

For the Capital Markets subindustry, Lincoln International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lincoln International EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lincoln International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lincoln International's EV-to-EBIT falls into.


LCLN
21GF Score
Lincoln International Inc LCLN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $28.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $28.5 Mil mean?
Lincoln International (LCLN) has a EBIT of $28.5 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lincoln International.
Is Lincoln International's EBIT too high?
Lincoln International's current EBIT is $28.5 Mil. Overall, Lincoln International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Lincoln International's EBIT compare to TIGR and ABTC?
Lincoln International's EBIT of $28.5 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lincoln International. Lincoln International's current EBIT is $28.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln International stock overvalued right now?
Lincoln International (LCLN) has a current EBIT of $28.5 Mil. The current EBIT is $28.5 Mil. Lincoln International's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Lincoln International (LCLN), the current EBIT is $28.5 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lincoln International Business Description

Address 110 North Wacker Drive, 51st Floor, Chicago, IL, USA, 60606
Lincoln International Inc is an independent investment banking advisory company focused on private capital markets. The company operates its business through its two operating segments: Investment Banking Advisory and Valuations and Opinions. The Investment Banking Advisory segment offers a range of services related to mergers and acquisitions, with key areas of focus including sell-side advisory, buy-side advisory, asset sales and divestitures, restructuring, primary and secondary capital raising, and merger-related engagements. The Valuations and Opinions segment provides valuation services to investment funds and financial institutions. The majority of revenue is derived from the Investment Banking Advisory segment. Geographically, the maximum revenue is derived from the Americas.
21GF Score

Get the complete analysis for LCLN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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