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Lindblad Expeditions Holdings Inc

Company price
35.0 USD 1.02 ( 3.00%)
Last update at 2026-11-09T15:44:00Z
VOLUME
86104
Market Cap
1712.02M

Momentum Score

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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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Day Price Range
34.34
Low
36.05
High
52 Week Price Range
11.37
Low
35.00
High

Momentum Score

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Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
33.98
Dividend Yield
-
Revenue TTM
830.61M
Revenue Per Share
13.96
Gross Profit TTM
387.48M
Debt / Equity
-3.30
ROE
-1946.89%
Net Debt
407.13M
ROCE
4.53%
Diluted EPS TTM
-0.38

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -21.75M -25.09M -37.73M -102.08M -121.19M
Minority interest -5.50M -2.98M -3.96M -3.22M -0.04M
Net income -29.72M -31.18M -45.61M -108.16M -119.17M
Selling general administrative 129.98M 139.92M 118.43M 96.29M 65.44M
Selling and marketing expenses 114.72M 87.02M 71.43M 61.00M 28.48M
Gross profit 290.18M 301.05M 247.17M 138.28M 22.62M
Reconciled depreciation 64.53M 53.49M 44.96M 44.04M 39.55M
Ebit 23.48M 20.65M 7.28M -63.05M -110.83M
Ebitda 86.30M 74.14M 54.80M -19.31M -55.80M
Depreciation and amortization 62.82M 53.49M 47.51M 43.73M 55.03M
Non operating income net other - - - -1.54M 14.22M
Operating income 45.49M 21.55M 10.60M -63.05M -110.83M
Other operating expenses 725.53M 623.17M 558.94M 484.55M 257.94M
Interest expense 45.23M 45.74M 45.01M 37.49M 24.58M
Tax provision 2.48M 3.10M 7.04M 6.08M -2.02M
Net interest income -45.23M -45.74M -44.59M -37.49M -24.58M
Income tax expense 2.48M 3.10M 3.15M 6.08M -2.02M
Total revenue 771.02M 644.73M 569.54M 421.50M 147.11M
Total operating expenses 244.69M 279.50M 236.57M 201.33M 133.45M
Cost of revenue 480.84M 343.67M 322.38M 283.22M 124.48M
Total other income expense net -67.24M -46.64M -48.33M -39.04M -10.36M
Net income from continuing ops -24.23M -28.20M -46.42M -108.16M -119.17M
Net income applicable to common shares - - - -116.05M -124.67M
Preferred stock and other adjustments - - - 4.67M 5.46M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 979.96M 876.90M 831.30M 787.98M 827.49M
Intangible assets 16.60M 15.92M 9.41M 11.22M 13.23M
Other current assets 111.19M 94.49M 51.72M 41.78M 27.09M
Total liab 1133.46M 1022.44M 945.06M 873.62M 811.55M
Total stockholder equity -201.45M -174.96M -151.55M -113.53M 5.32M
Other current liab 76.73M 58.05M 48.90M 54.42M 39.56M
Common stock 0.01M 0.01M 0.01M 0.01M 0.01M
Capital stock 83.08M 78.16M 73.52M 69.15M 83.91M
Retained earnings -411.40M -362.88M -322.21M -266.53M -136.44M
Other liab - - - 0.09M 0.25M
Good will 60.61M 59.03M 42.02M 42.02M 42.02M
Other assets - - - 7.67M 1427.40M
Cash 256.69M 183.94M 187.34M 87.18M 150.75M
Total current liabilities 461.59M 392.45M 319.22M 341.12M 289.46M
Current deferred revenue 361.48M 318.67M 252.20M 245.10M 212.60M
Net debt 407.13M 443.36M 436.40M 470.24M 398.70M
Short term debt 1.15M 1.87M 1.97M 25.00M 27.61M
Short long term debt 0.00M 0.03M 0.05M 23.34M 26.06M
Short long term debt total 663.83M 627.30M 623.75M 557.41M 549.45M
Other stockholder equity 126.87M 109.47M 97.14M 83.85M 58.48M
Property plant equipment - - - 539.41M 546.82M
Total current assets 367.88M 278.43M 244.50M 183.32M 210.34M
Net tangible assets - - - -127.66M -133.84M
Short term investments - - 0.00M 13.59M -
Net receivables - - - 28.85M 21.94M
Long term debt 662.67M 625.42M 621.78M 529.45M 518.66M
Inventory - - 5.44M 11.93M 10.55M
Accounts payable 22.23M 13.86M 16.15M 16.60M 9.69M
Accumulated other comprehensive income - 0.29M -0.00M - -0.63M
Common stock total equity - - - 0.01M 0.01M
Retained earnings total equity - - - -266.53M -136.44M
Non currrent assets other 12.75M 5.13M 7.76M 5.50M 7.47M
Non current assets total 612.08M 598.47M 586.79M 604.66M 617.15M
Capital lease obligations 1.15M 1.84M 1.92M 4.62M 4.73M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.00M -44.08M -27.59M -49.59M -114.72M
Change to liabilities - - - 21.37M 109.23M
Total cashflows from investing activities -67.27M -44.08M -14.80M -49.59M -114.72M
Net borrowings 39.96M -0.05M 69.30M -3.81M 55.76M
Total cash from financing activities 29.56M -19.77M 60.68M -4.87M 50.41M
Change to operating activities - - - -15.58M -3.40M
Net income -24.23M -28.20M -40.88M -108.16M -119.17M
Change in cash 73.59M 28.80M 71.32M -56.67M -31.82M
Begin period cash flow 216.14M 187.34M 116.02M 172.69M 204.51M
End period cash flow 289.74M 216.14M 187.34M 116.02M 172.69M
Total cash from operating activities 111.58M 92.36M 25.44M -2.20M 32.49M
Issuance of capital stock - - - 0.00M 0.00M
Depreciation 64.53M 53.49M 47.51M 44.04M 39.55M
Other cashflows from investing activities - - 15.16M 3.61M -18.04M
Dividends paid - 4.64M 4.67M -4.67M -1.71M
Change to inventory - - 2.13M -1.37M -2.91M
Change to account receivables - - - - 21.14M
Sale purchase of stock - -2.97M -1.13M - -0.13M
Other cashflows from financing activities -13.19M -16.74M -7.49M 352.74M 56.36M
Change to netincome - - - 22.56M 6.03M
Capital expenditures 47.74M 33.52M 29.96M 38.20M 96.69M
Cash flows other operating - - - 16.69M 74.43M
Cash and cash equivalents changes - - - -56.67M -31.82M
Change in working capital 49.69M 50.45M -4.29M 36.08M 102.92M
Stock based compensation 13.46M 9.83M 13.89M 6.99M 5.56M
Other non cash items 9.38M 4.73M 6.49M 13.36M 4.47M
Free cash flow 63.84M 58.84M -4.52M -40.41M -64.19M

Peer Comparison*

Sector: Consumer Cyclical Industry: Travel Services

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
LIND
Lindblad Expeditions Holdings Inc
1.02
3.00%
35.00 - 65.36 2.06 159.80 2.48 19.53
BKNG
Booking Holdings Inc
0.85
0.53%
161.52 28.83 17.92 5.61 34.95 5.73 16.72
ABNB
Airbnb Inc
1.92
1.01%
191.91 38.87 28.99 7.66 12.90 6.92 32.32
RCL
Royal Caribbean Cruises Ltd
10.52
3.22%
337.68 15.40 12.39 3.57 6.67 4.87 12.36
TCOM
Trip.com Group Ltd ADR
-0.58
1.32%
43.78 23.73 16.29 0.91 2.30 5.84 18.29

Profile*

Lindblad Expeditions Holdings Inc

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.

11 West 42nd Street, New York, NY, United States, 10036

212 261 9000

1440

Name Title Year Born
Mr. Sven-Olof Lindblad Founder & Co-Chair 1951
Mr. Dolf A. Berle Pres, CEO & Director 1964
Mr. Craig I. Felenstein Chief Financial Officer 1973
Mr. Dean Byus III Chief Expedition Officer 1969
Mr. Benjamin L. Bressler Pres of Natural Habitat, Inc. 1964
Mr. Alexis Freeman Gen. Counsel NA
Patty Disken-Cahill Director of Communications NA
Ms. Jacinta McEvoy VP of Global Sales NA
Ms. Pamela Fingleton Sr. VP & Assistant to CEO 1941
Mr. J. Tyler Skarda Sr. VP of Marine Operations 1965

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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