Lincoln InternationalLCLN -3.47%21 Return-on-Tangible-Asset is 0.84% as of Dec. 2025, which is 97% below its 10-year median of 28.61. GuruFocus rates LCLN with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 815 Capital Markets companies, Lincoln International ranks worse than 59.51% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Lincoln International's annualizedNet Income for the quarter that ended in Dec. 2025 was $5.4 Mil. Lincoln International's average total tangible assets for the quarter that ended in Dec. 2025 was $646.0 Mil. Therefore, Lincoln International's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.84%.
The historical rank and industry rank for Lincoln International's Return-on-Tangible-Asset or its related term are showing as below:
LCLN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.84 Med: 28.61 Max: 67.55
Current: 0.84
During the past 5 years, Lincoln International's highest Return-on-Tangible-Asset was 67.55%. The lowest was 0.84%. And the median was 28.61%.
LCLN's Return-on-Tangible-Asset is ranked worse than 59.51% of 815
companies
in the Capital Markets industry
Industry Median: 1.54
vs LCLN: 0.84
Lincoln International (NYSE:LCLN) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Lincoln International Return-on-Tangible-Asset Related Terms
Lincoln International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lincoln International's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
Lincoln International Annual Data
Trend
Dec20
Dec21
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
36.52
67.55
28.13
28.61
0.84
Lincoln International Semi-Annual Data
Dec20
Dec21
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
36.52
67.55
28.13
28.61
0.84
LCLN vs TIGR, ABTC, RHNO: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Lincoln International's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lincoln International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lincoln International's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.84% mean?
Lincoln International (LCLN) has a Return-on-Tangible-Asset of 0.84% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lincoln International and its competitors. This is 97% below median its historical median of 28.61. Over the past decade, Lincoln International's Return-on-Tangible-Asset has ranged from 0.84 to 67.55. According to the industry distribution chart, Lincoln International ranks #485 out of 815 companies in the Capital Markets industry, placing it in the top 59.5%.
Is Lincoln International's Return-on-Tangible-Asset too high?
Lincoln International's current Return-on-Tangible-Asset of 0.84% is 97% below median its 10-year median of 28.61. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 67.55. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Lincoln International's value of 0.84% is 45.5% below this industry median. Based on the distribution chart, Lincoln International ranks #485 out of 815 companies in the Capital Markets industry, which is below the industry midpoint. 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 Return-on-Tangible-Asset compare to TIGR and ABTC?
According to the Capital Markets industry distribution chart, Lincoln International ranks #485 out of 815 companies for Return-on-Tangible-Asset. This places Lincoln International in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.54. Lincoln International's value of 0.84% is 45.5% below this benchmark. Historically, Lincoln International's own Return-on-Tangible-Asset has ranged from 0.84 to 67.55 over the past decade. While the company's 10-year median is 28.61 vs. the industry median of 1.54, Lincoln International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln International's current Return-on-Tangible-Asset of 0.84% is 45.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lincoln International and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln International's current Return-on-Tangible-Asset is 0.84%, which is 97% below median its own 10-year median of 28.61. 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 Return-on-Tangible-Asset of 0.84%. The current Return-on-Tangible-Asset is 0.84%, which is 97% below median its 10-year median of 28.61 and 45.5% below the Capital Markets industry median of 1.54. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Lincoln International (LCLN), the current Return-on-Tangible-Asset is 0.84% 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 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
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