Legacy Education Inc.
LGCY Consumer Defensive Education & Training Services
Legacy Education Inc.’s revenue for fiscal 2026 (year ended June 2026) was $80.1 million, up 24.8% from fiscal 2025. In the quarter to June 2026, revenue grew 12.0%, EPS grew 50.0%, free cash flow fell 71.1% and total debt fell 86.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Legacy Education Inc. (LGCY) Altman Z-score
Legacy Education Inc.'s Altman Z-score for fiscal 2026 is 5.88, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 5.88 | 1.04 |
| FY2025 | 4.84 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.43 | — | 0.51 | |
| Retained earnings / total assets | 0.29 | — | 0.41 | |
| EBIT / total assets | 0.15 | — | 0.50 | |
| Market value of equity / total liabilities | 5.75 | — | 3.45 | |
| Sales / total assets | 1.02 | — | 1.02 | |
| Altman Z-score | Safe zone | 5.88 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 6.90 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| LGCY Legacy Education Inc. | 5.9× |
| FC Franklin Covey Company compare | 2.6× |
| JDZG JIADE Limited compare | 1.5× |
| KLC KinderCare Learning Companies, Inc. compare | 0.7× |
| GOTU Gaotu Techedu Inc. compare | −0.2× |
| SKIL Skillsoft Corp. compare | −2.1× |
| CHGG Chegg, Inc. compare | −4.7× |
| COE 51Talk Online Education Group Sponsored ADR compare | −6.6× |
| NEW Puxin Limited compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets