Lindblad Expeditions
LIND
35.01
-1.07
-2.97%
Lindblad Expeditions
US · LIND
#2692 by market cap
Listed 1970
35.01
-1.07
-2.97%
Live - 5344 symbols - heartbeat 526s ago
· 2026-10-08 08:20
Pre-market
34.49
-1.48%
After-hours
35.01
0.00%
Overnight
35.01
0.00%
- Market cap
- 2.30B
- P/E (TTM)i
- -92.13
- P/Bi
- -11.73
- EPSi
- -0.63
- Div yieldi
- 0.00%
- 52W posi
- 95%
Reader sentiment
Are you bullish or bearish on LIND?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.45, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +19.59% YoY
Margins
- Gross margin
- 45.78%
- Operating margin
- 5.90%
- Net margin
- -4.49%
Key ratios & quality
- Enterprise valuei
- 2.70B
- Altman Z-Scorei
- 1.45
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 309.73M | 343.09M | 82.36M | 147.11M | 421.50M | 569.54M | 644.73M | 771.02M |
| Gross profit | 155.99M | 176.48M | 9.43M | 22.62M | 138.28M | 231.33M | 282.15M | 353.00M |
| Selling & admin expenses | 109.89M | 117.52M | 65.74M | 93.93M | 157.29M | 174.02M | 208.03M | 244.69M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 25.34M | 33.20M | -88.40M | -110.83M | -63.05M | 10.60M | 21.55M | 45.49M |
| Pretax profit | 12.17M | 20.94M | -109.95M | -121.19M | -102.08M | -37.73M | -25.09M | -21.75M |
| Tax | 616.00K | 2.19M | -9.81M | -2.02M | 6.08M | 3.15M | 3.10M | 2.48M |
| Net profit | 11.55M | 18.75M | -100.14M | -119.17M | -108.16M | -40.88M | -28.20M | -24.23M |
| Basic EPS | 0 | 0 | -2 | -2 | -2 | -1 | -1 | -1 |
| Diluted EPS | 0.24 | 0.28 | -2.01 | -2.41 | -2.23 | -0.94 | -0.67 | -0.63 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 179.72M | 167.95M | 240.17M | 183.18M | 208.01M | 199.25M |
| Gross profit | 86.87M | 76.55M | 115.80M | 73.77M | 101.27M | 96.64M |
| Selling & admin expenses | 60.96M | 57.47M | 64.90M | 61.36M | 67.98M | 66.19M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 10.61M | 4.41M | 35.97M | -5.51M | 15.62M | 11.95M |
| Pretax profit | -475.00K | -6.42M | 2.01M | -16.86M | 4.83M | 1.10M |
| Tax | -1.49M | 547.00K | -2.56M | 5.98M | -1.23M | 1.44M |
| Net profit | 1.01M | -6.97M | 4.57M | -22.84M | 6.05M | -343.00K |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.00 | -0.18 | 0.00 | -0.45 | 0.09 | -0.02 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 150.18M | 146.64M | 229.17M | 210.34M | 183.32M | 244.50M | 278.43M | 367.88M |
| Cash & ST investments | 113.40M | 101.58M | 187.53M | 150.75M | 100.77M | 156.85M | 183.94M | 256.69M |
| Inventory | 6.77M | 8.33M | 7.64M | 10.55M | -- | -- | -- | -- |
| Total assets | 473.41M | 548.66M | 757.45M | 827.49M | 787.98M | 831.30M | 876.91M | 979.96M |
| Total current liabilities | 159.43M | 182.92M | 155.81M | 289.46M | 341.12M | 319.22M | 392.45M | 461.59M |
| Short-term debt | 2.00M | 5.86M | 12.73M | 27.61M | 25.00M | 1.97M | 1.87M | 1.15M |
| Long-term debt | 188.09M | 213.54M | 471.36M | 518.66M | 529.45M | 621.78M | 625.43M | 662.67M |
| Total liabilities | 350,863,000.00 | 409,296,000.00 | 631,172,000.00 | 811,547,000.00 | 873,621,000.00 | 945,063,000.00 | 1,022,440,000.00 | 1,133,457,000.00 |
| Total equity | 122.55M | 139.36M | 126.28M | 15.94M | -85.65M | -113.77M | -145.54M | -153.50M |
| Retained earnings | 75.17M | 81.66M | -11.57M | -136.44M | -266.53M | -322.21M | -362.88M | -411.41M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 295.83M | 322.52M | 363.79M | 367.88M | 384.75M | 442.74M |
| Cash & ST investments | 188.85M | 200.93M | 261.78M | 256.69M | 275.01M | 318.89M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 908.83M | 936.52M | 976.53M | 979.96M | 987.18M | 1.03B |
| Total current liabilities | 420.54M | 450.08M | 438.61M | 461.59M | 473.12M | 524.83M |
| Short-term debt | 1.52M | 1.13M | 831.00K | 1.15M | 1.49M | 1.69M |
| Long-term debt | 626.35M | 627.27M | 663.44M | 662.67M | 663.22M | 663.87M |
| Total liabilities | 1,129,296,000.00 | 1,161,146,000.00 | 1,187,159,000.00 | 1,133,457,000.00 | 1,144,009,000.00 | 1,196,487,000.00 |
| Total equity | -220.47M | -224.62M | -210.63M | -153.50M | -156.83M | -162.47M |
| Retained earnings | -365.72M | -381.82M | -384.57M | -411.41M | -408.94M | -412.31M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 56.36M | 62.58M | -92.26M | 32.50M | -2.20M | 25.44M | 92.36M | 111.58M |
| Depreciation & amortization | 20.77M | 26.03M | 32.08M | 39.52M | 44.65M | 47.51M | 53.49M | 64.53M |
| Free cash flow | 2.01M | -33.42M | -247.74M | -64.19M | -40.41M | -4.52M | 58.84M | 63.84M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 122.15M | 109.26M | 204.52M | 172.69M | 116.02M | 187.34M | 216.14M | 289.74M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 48.40M | 29.22M | 19.53M | 14.44M | 49.47M | 59.06M |
| Depreciation & amortization | 15.74M | 15.10M | 15.32M | 18.38M | 18.44M | 19.20M |
| Free cash flow | 34.98M | 13.47M | 11.91M | 3.48M | 42.59M | 51.06M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 235.22M | 247.33M | 290.12M | 289.74M | 321.08M | 364.90M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 10.21 | 11.45 | -126.97 | -- | -- | -- | -- | -- |
| ROA %i | 2.53 | 2.68 | -15.38 | -15.73 | -14.37 | -6.17 | -4.19 | -3.73 |
| ROIC %i | 7.48 | 7.55 | -19.58 | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | 3.74 | 6.13 | -21.78 | -- | -- | -- | -- | -- |
| EBIT margin %i | 7.43 | 9.68 | -113.23 | -65.67 | -15.32 | 1.28 | 3.20 | 3.05 |
| FCF / sales %i | 0.65 | -- | -- | -- | -- | -- | 9.13 | 8.28 |
| Current ratioi | 0.94 | 0.80 | 1.47 | 0.73 | 0.54 | 0.77 | 0.71 | 0.80 |
| Quick ratioi | 0.71 | 0.56 | 1.20 | 0.52 | 0.30 | 0.49 | 0.47 | 0.56 |
| Debt / assetsi | 40.15 | 40.91 | 64.43 | 66.40 | 70.36 | 75.03 | 71.54 | 67.74 |
| LT debt / equityi | 162.08 | 177.34 | 1,359.56 | -- | -- | -- | -- | -- |
| Interest coveragei | 2.12 | 2.70 | -5.59 | -3.93 | -1.72 | 0.16 | 0.45 | 0.52 |
| Revenue CAGR (3Y) %i | 13.83 | 12.29 | -32.39 | -21.98 | 7.10 | 90.52 | 63.65 | 22.30 |
| Net income CAGR (3Y) %i | -16.84 | 49.81 | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -57.11 | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- |
| ROA %i | -3.46 | -1.63 | -3.87 | -3.73 | -3.02 | -2.06 |
| ROIC %i | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 3.60 | 5.35 | 2.88 | 3.05 | 3.47 | 4.11 |
| FCF / sales %i | 8.40 | 8.35 | 7.08 | 8.28 | 8.94 | 13.13 |
| Current ratioi | 0.70 | 0.72 | 0.83 | 0.80 | 0.81 | 0.84 |
| Quick ratioi | 0.45 | 0.45 | 0.60 | 0.56 | 0.58 | 0.61 |
| Debt / assetsi | 69.09 | 67.10 | 68.02 | 67.74 | 67.33 | 64.37 |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | 0.53 | 0.82 | 0.46 | 0.52 | 0.63 | 0.79 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Lindblad is the largest reported line at 64.86% of revenue, across 2 reported segments.
- Land Experiences follows at 35.14%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Lindblad64.86%
Land Experiences35.14%
Quote time 2026-10-08 08:20:27 · For reference only, not investment advice and not tailored to your situation.