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Lindblad Expeditions Holdings, Inc. LIND R2K

Consumer Cyclical · Travel Services · United States
https://www.expeditions.com

Lindblad Expeditions Holdings, Inc. provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segments. The Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities. The Land Experiences segment comprises natural habitats, which provides various expedition itineraries in more than 45 countries across seven continents, with eco-conscious expeditions and nature-focused, and small-group tours including polar bear tours and bear adventure; and DuVine provides intimate group cycling and adventure tours around the world with local cycling experts as guides in local cultural, cuisine, and accommodations. This segment also offers off the beaten path, including small group travel, led by local, and experienced guides with focus on wildlife, hiking national parks, and culture; and classic journey, a curated active small-group and private custom journeys centered around cinematic walks led by expert local guides over 50 countries across the world. In addition, it collaborates with National Geographic on expedition planning and to enhance the guest experience by having National Geographic experts, including photographers, writers, marine biologists, naturalists, field researchers and film crews; and partnered with World Wildlife Fund to offer conservation travel. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.

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$22.95
+118.57% 1Y

Market & Price

Market Cap
$1.51B
Current Price
$22.95
High / Low (52W)
$22.98 / $10.50
Beta
2.22

Valuation

Stock P/E
-
Industry PE
22.37
Forward P/E
68.50
PEG Ratio
-
Book Value
$-2.90
Price to Book
-7.90
P/S
1.88
EV/EBITDA
15.81
Dividend Yield
-

Profitability & Returns

ROCE
4.53%
ROE
-
ROA
3.77%
Profit Margin
-3.05%
Op Margin
7.51%
EPS (Latest Qtr)
$0.09
EPS (TTM)
$-0.54

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
0.58
Current Ratio
0.81
Debt
$672.15M
Total Assets
$979.96M
Current Assets
$367.88M
Working Capital
$-93.71M

Ownership

Promoter Holding
25.60%
Chg in Prom Hold
-
FII / Inst Holding
74.43%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.94B
Total Revenue (TTM)
$799.31M
EBITDA
$122.43M
Free Cash Flow
$105.71M
Operating Cash Flow
$112.66M
Shares Outstanding
65.60M
Gross Margin
45.96%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
22.30%
Profit 5Y
24.44%
Revenue (YoY)
15.70%
Earnings (YoY)
-

PROS

  • Compounding revenue at 22.3% over 5 years.
  • Profit CAGR of 24.4% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 LIND Lindblad Expeditions Holdings, Inc. R2K 22.95 - $1.51B - 4.53% - 22.30% 24.44%
2 AMZN Amazon.com, Inc. NDXSPXAI 270.64 31.65 $2.91T - 16.60% 24.29% 11.73% 984.47%
3 TSLA Tesla, Inc. NDXSPXAI 435.79 399.81 $1.64T - 5.29% 4.90% 5.19% -32.94%
4 HD The Home Depot, Inc. SPX 317.14 22.52 $316.23B 2.94% 28.92% 128.38% 1.52% -6.11%
5 MCD McDonald's Corporation SPX 279.20 23.04 $198.37B 2.66% 22.63% - 5.06% 11.50%
6 TJX The TJX Companies, Inc. SPX 154.75 30.11 $171.12B 1.24% 32.91% 61.25% 6.53% 16.24%
7 BKNG Booking Holdings Inc. NDXSPX 167.43 22.09 $129.74B 0.96% 67.24% - 16.35% 20.90%
8 LOW Lowe's Companies, Inc. SPX 214.36 18.12 $120.26B 2.24% 29.62% - -3.85% 1.11%
9 PDD PDD Holdings Inc. NDX 84.44 8.87 $120.19B - 28.69% 25.40% 49.00% 45.85%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------55.57M84.58M--69.47M87.24M---------------------179.72M167.94M240.17M183.18M208.01M
Cost of Revenue -----------------------------------92.85M91.39M124.37M109.41M106.74M
Gross Profit 28.05M33.12M22.39M36.30M24.48M38.33M24.26M30.52M26.87M46.10M27.48M46.54M35.66M42.28M31.51M--------------------86.87M76.55M115.80M73.77M101.27M
Operating Expenses -----------------------------------76.26M72.15M79.83M79.28M85.66M
Operating Income 2.40M5.76M-10.92M-2.54M10.17M-1.36M-1.65M13.55M-14.37M4.21M10.28M-14.37M4.12M15.66M-2.25M-34.75M-26.81M--31.07M-32.59M-17.65M-34.24M-19.31M5.81M12.47M-8.50M20.48M7.85M-8.21M29.48M10.61M4.41M35.97M-5.51M15.62M
EBITDA -----------------------------------26.89M20.30M28.58M12.24M33.84M
Interest Expense -----------------------------------11.63M11.62M11.26M10.73M10.58M
Pretax Income ------------------------------------475.00K-6.42M2.01M-16.86M4.83M
Tax Provision ------------------------------------1.49M547.00K-2.56M5.98M-1.23M
Net Income 8.84M4.42M-442.00K10.47M-4.49M7.45M-8.36M596.00K-2.53M9.28M-15.02M10.80M134.00K5.07M-14.67M988.00K2.16M--1.93M-39.66M-27.38M--33.24M-35.30M-24.34M-41.72M-28.76M-8.73M621.00K-24.47M5.64M-3.98M-24.67M22.52M1.16M-8.52M1.19M-23.55M6.50M
Diluted EPS 0.200.10-0.010.23-0.100.16-0.190.01-0.060.20-0.360.240.000.11-0.100.310.02-0.01-0.03-0.04-0.80-0.56-0.59-0.66-0.71-0.50-0.85-0.59-0.18-0.01-0.480.08-0.10-0.480.360.00-0.180.00-0.450.09

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -192.24M198.46M209.99M242.35M266.50M----421.50M569.54M644.73M771.02M
Cost of Revenue ----------283.22M338.21M362.58M418.02M
Gross Profit -95.58M108.46M114.57M123.37M130.98M155.99M---138.28M231.33M282.15M353.00M
Operating Expenses ----------201.33M220.73M260.59M307.51M
Operating Income -4.77K23.52M30.42M15.50M13.98M10.74M25.34M33.20M-88.40M--63.05M10.60M21.55M45.49M
EBITDA -----------19.94M54.80M74.14M88.02M
Interest Expense ----------37.49M45.01M45.74M45.23M
Pretax Income -----------102.08M-37.73M-25.09M-21.75M
Tax Provision ----------6.08M3.15M3.10M2.48M
Net Income -4.77K14.84M22.25M19.74M4.86M-8.66M11.35M16.35M-98.74M--111.38M-45.61M-31.18M-29.72M
Diluted EPS --0.440.430.10-0.190.240.28-2.01--2.23-0.94-0.67-0.63

Compounded Sales Growth

5 Years:22.30%
1 Year:15.70%

Compounded Profit Growth

5 Years:24.44%
1 Year:-

Stock Price Performance

1 Year:+118.57%
6 Months:+89.51%
3 Months:+16.44%
1 Month:+29.88%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Sep 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -167.78K200.43M245.93M-381.61M407.70M424.35M473.41M548.66M757.45M-787.98M831.30M876.90M979.96M
Current Assets ------------183.32M244.50M278.43M367.88M
Cash & Equivalents 33.59K40.51M44.35M39.68M208.75M206.90M135.42M96.44M113.40M101.58M187.53M-87.18M156.84M183.94M256.69M
Inventory -----------10.55M11.93M5.44M--
Receivables ----------------
Total Liabilities ---178.36M-267.69M288.72M311.72M350.86M409.30M631.17M-873.62M945.06M1.02B1.13B
Current Liabilities -150.02K197.04K125.86M-104.32M123.91M144.41M159.43M182.92M155.81M-341.12M319.22M392.45M461.59M
Long Term Debt ---51.76M-162.69M164.13M164.19M188.09M213.54M471.36M-529.45M621.78M625.42M662.67M
Total Debt ------------554.45M623.75M627.30M663.83M
Total Equity 22.52K53.16M55.57M67.57M-113.92M113.81M106.32M116.04M123.25M34.96M--113.53M-151.55M-174.96M-201.45M
Shares Outstanding ------------53.18M53.39M54.51M55.42M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -3.51K33.30M43.05M40.30M31.43M52.92M56.36M62.58M-92.26M--2.20M25.44M92.36M111.58M
Investing Cash Flow --10.30M-29.00M-81.51M-85.88M-80.48M-54.34M-100.08M-155.48M--49.59M-14.80M-44.08M-67.27M
Financing Cash Flow -27.50K-17.59M-17.39M208.53M-16.35M-13.39M16.52M24.61M342.99M--4.87M60.68M-19.77M29.56M
Capital Expenditure --6.35M-5.92M-14.80M-75.93M-80.48M-54.34M-96.00M-155.48M--38.20M-29.96M-33.52M-47.74M
Free Cash Flow -26.94M37.13M25.50M-44.51M-27.57M2.01M-33.42M-247.74M--40.41M-4.52M58.84M63.84M
Net Change in Cash -----------56.67M71.32M28.51M73.88M
Share Buybacks --1.88M-----------

Ratios (Annual)

Figures in %.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -49.7%54.6%54.6%50.9%49.1%----32.8%40.6%43.8%45.8%
Operating Margin % -12.2%15.3%7.4%5.8%4.0%-----15.0%1.9%3.3%5.9%
Net Margin % -7.7%11.2%9.4%2.0%-3.2%-----26.4%-8.0%-4.8%-3.9%
ROE % -0.0%26.7%32.9%17.3%4.3%-8.1%9.8%13.3%-282.4%-98.1%30.1%17.8%14.8%
ROCE % -26.9%11.7%25.3%5.6%4.9%3.8%8.1%9.1%-14.7%--14.1%2.1%4.4%8.8%

Shareholding Pattern

Insiders
25.60%
Institutions
74.43%
Public Float
100.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 6.28% 4.12M $94.49M
2 Blackrock Inc. 5.35% 3.51M $80.45M
3 Ariel Investments, LLC 5.24% 3.44M $78.93M
4 Vanguard Capital Management LLC 3.21% 2.11M $48.34M
5 MSD Partners, L.P. 2.49% 1.64M $37.53M
6 Principal Financial Group, Inc. 2.33% 1.53M $35.11M
7 Arrowstreet Capital, Limited Partnership 1.94% 1.27M $29.21M
8 Driehaus Capital Management, LLC 1.81% 1.19M $27.22M
9 UBS Group AG 1.67% 1.09M $25.11M
10 Royce & Associates LP 1.63% 1.07M $24.55M

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