Lindblad Expeditions (LIND) Financials: Revenue & Earnings
LIND$35.17+0.08 +0.22%
$2.31B
Market Cap
-93.95
P/E
177.11
Forward P/E
40
Score
Lindblad Expeditions (LIND) Financials: Revenue & Earnings
LIND price $35.17 +0.08 +0.22%
- Ticker
- LIND
- Price
- $35.17
- Change
- +0.08 +0.22%
- Market cap ?
- $2.31B
- P/E ?
- -93.95
- Forward P/E ?
- 177.11
- Dividend yield ?
- 0.00%
- Beta ?
- 2.24
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- Stocklytics score
- 40
- Value
- 24
- Quality
- 52
- Growth
- 45
Stocklytics score rationale: value 24, quality 52, growth 45.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 242346000 | 266504000 | 309734000 | 343091000 | 82356000 | 147107000 | 421500000 | 569543000 | 644727000 | 771019000 |
Lindblad Expeditions Holdings, Inc. delivers diverse adventure travel experiences, encompassing both marine expeditions and land-based journeys. Through its primary Lindblad brand, the company orchestrates voyages utilizing a fleet comprising ten proprietary expedition vessels and five ships chartered on a seasonal basis. Furthermore, it manages several distinct travel brands: Natural Habitat specializes in…
Fair value
LIND fair value $14.54. Price $35.17. Price is 142% above fair value.
Above fair value, and more expensive than usual. A larger premium than on 93% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 70.36M. Growth 12.76%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 65.62M. Net debt 407.13M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-03 | — | 0.35 | — | 263.54M |
| 2026-08-03 | -0.02 | -0.10 | 199.25M | 185.86M |
| 2026-05-05 | 0.09 | 0.01 | 208.01M | 197.24M |
| 2026-02-26 | -0.45 | -0.32 | 183.18M | 167.87M |
| 2025-11-04 | 0.33 | 0.22 | 240.17M | 167.66M |
| 2025-08-04 | -0.18 | -0.29 | 167.94M | 228.85M |
| 2025-05-06 | 0.02 | -0.12 | 179.72M | 156.62M |
| 2025-02-27 | -0.48 | -0.25 | 148.61M | 163.92M |
| 2024-11-05 | 0.36 | 0.19 | 206.00M | 132.89M |
| 2024-08-08 | -0.48 | -0.24 | 136.50M | 136.05M |
| 2024-04-30 | -0.10 | -0.04 | 153.61M | 149.67M |
| 2024-02-28 | -0.53 | -0.30 | 125.36M | 127.27M |
| 2023-11-02 | 0.08 | 0.04 | 175.99M | 125.93M |
| 2023-07-27 | -0.48 | -0.36 | 124.80M | 168.55M |
| 2023-05-03 | -0.01 | -0.20 | 143.40M | 127.87M |
| 2023-02-28 | -0.63 | -0.46 | 117.96M | 94.27M |
| 2022-11-02 | -0.18 | -0.29 | 144.78M | 109.00M |
| 2022-08-01 | -0.59 | -0.59 | 90.91M | 81.20M |
| 2022-05-03 | -0.85 | -0.61 | 67.85M | 57.12M |
| 2022-02-22 | -0.54 | -0.49 | 65.55M | 59.01M |
| 2021-11-02 | -0.50 | -0.52 | 64.51M | 40.96M |
| 2021-08-03 | -0.71 | -0.60 | 15.27M | 9.00M |
| 2021-04-29 | -0.66 | -0.56 | 1.78M | 1.42M |
| 2021-03-09 | -0.59 | -0.52 | 367.00K | — |
| 2020-10-29 | -0.56 | -0.64 | 1.02M | 1.02M |
| 2020-08-10 | -0.80 | -0.58 | 268.00K | 204.35K |
| 2020-05-01 | 0.03 | 0.15 | 81.24M | 264.02M |
| 2020-02-25 | -0.03 | -0.02 | 75.80M | 101.06M |
| 2019-10-30 | 0.10 | 0.22 | 100.98M | 2.22B |
| 2019-08-01 | 0.02 | 0.05 | 76.66M | 229.97M |
| 2019-05-02 | 0.31 | 0.21 | 89.65M | 63.63M |
| 2019-02-28 | -0.10 | -0.10 | 70.61M | 77.67M |
| 2018-11-02 | 0.11 | 0.15 | 87.24M | 118.97M |
| 2018-08-02 | 0.00 | -0.05 | 69.47M | 347.50M |
| 2018-05-03 | 0.24 | 0.04 | 82.41M | 13.73M |
| 2018-02-28 | -0.08 | -0.07 | 63.22M | 81.26M |
| 2017-11-07 | 0.20 | 0.20 | 84.58M | 84.60M |
| 2017-08-03 | -0.06 | -0.08 | 55.57M | 64.87M |
| 2017-05-09 | 0.10 | 0.08 | 63.13M | 504.80M |
| 2017-03-07 | -0.19 | -0.06 | 56.13M | 11.81M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-26 | Lindblad Sven-Olof | Sell | 1.10K | $34.19 | 37.61K |
| 2026-10-26 | Lindblad Sven-Olof | Sell | 47.67K | $35.26 | 1.68M |
| 2026-10-26 | Lindblad Sven-Olof | Sell | 1.20K | $35.71 | 42.96K |
| 2026-10-23 | Lindblad Sven-Olof | Sell | 63.27K | $34.20 | 2.16M |
| 2026-10-23 | Lindblad Sven-Olof | Sell | 2.88K | $34.81 | 100.43K |
| 2026-10-22 | Lindblad Sven-Olof | Sell | 60.50K | $35.59 | 2.15M |
| 2026-10-22 | Lindblad Sven-Olof | Sell | 7.48K | $36.42 | 272.32K |
| 2026-10-21 | Lindblad Sven-Olof | Sell | 56.81K | $36.05 | 2.05M |
| 2026-10-21 | Lindblad Sven-Olof | Sell | 40.66K | $36.49 | 1.48M |
| 2026-10-20 | Lindblad Sven-Olof | Sell | 8.20K | $34.50 | 282.90K |
| 2026-10-20 | Lindblad Sven-Olof | Sell | 50.41K | $35.51 | 1.79M |
| 2026-10-20 | Lindblad Sven-Olof | Sell | 16.93K | $35.92 | 608.19K |
| 2026-10-19 | Lindblad Sven-Olof | Sell | 83.50K | $34.29 | 2.86M |
| 2026-10-16 | Lindblad Sven-Olof | Sell | 69.38K | $34.66 | 2.40M |
| 2026-10-16 | Lindblad Sven-Olof | Sell | 9.80K | $35.31 | 346.06K |
| 2026-10-01 | Leahy Natalya | Sell | 6.40K | $33.63 | 215.37K |
| 2026-09-01 | Leahy Natalya | Buy | 10.66K | — | — |
| 2026-09-01 | Goldberg Frederick | Buy | 4.50K | — | — |
| 2026-08-08 | Stuart Andrew | Buy | 3.24K | — | — |
| 2026-08-08 | SCHULTZ ALEX P | Buy | 3.24K | — | — |
| 2026-08-08 | Reynolds Catherine B | Buy | 3.24K | — | — |
| 2026-08-08 | Smith, Jr. Thomas S. | Buy | 3.24K | — | — |
| 2026-08-08 | Reavis Annette J. | Buy | 3.24K | — | — |
| 2026-08-08 | Kaufman Pamela O. | Buy | 3.24K | — | — |
| 2026-08-08 | Lindblad Sven-Olof | Buy | 3.24K | — | — |
| 2026-08-08 | FAHEY JOHN M JR | Buy | 3.24K | — | — |
| 2026-08-08 | EIN MARK | Buy | 3.24K | — | — |
| 2026-08-08 | Dryden L. Dyson | Buy | 3.24K | — | — |
| 2026-08-08 | BISNOW MICHAEL ELLIOTT | Buy | 3.24K | — | — |
| 2026-07-17 | Leahy Natalya | Sell | 15.00K | $27.67 | 415.05K |
| 2026-06-22 | Leahy Natalya | Sell | 9.76K | — | — |
| 2026-06-17 | BISNOW MICHAEL ELLIOTT | Sell | 44.64K | $24.21 | 1.08M |
| 2026-06-04 | Dryden L. Dyson | Sell | 39.95K | $22.04 | 880.45K |
| 2026-05-29 | Dryden L. Dyson | Sell | 52.75K | $23.09 | 1.22M |
| 2026-05-29 | FAHEY JOHN M JR | Sell | 2.00K | $22.89 | 45.78K |
| 2026-05-29 | EIN MARK | Buy | 300.00K | — | — |
| 2026-05-21 | Byus Trey | Sell | 10.00K | $20.05 | 200.50K |
| 2026-05-21 | FAHEY JOHN M JR | Sell | 2.00K | $20.26 | 40.52K |
| 2026-05-14 | FAHEY JOHN M JR | Sell | 1.00K | $19.39 | 19.39K |
| 2026-05-12 | FAHEY JOHN M JR | Sell | 1.00K | $19.39 | 19.39K |
| 2026-05-11 | FAHEY JOHN M JR | Sell | 3.50K | $20.04 | 70.14K |
| 2026-05-11 | Byus Trey | Sell | 26.46K | $20.23 | 535.40K |
| 2026-05-08 | EIN MARK | Buy | 1.00M | — | — |
| 2026-04-28 | TAYLOR KEITH A | Sell | 2.01K | $17.86 | 35.97K |
| 2026-04-11 | BRESSLER BENJAMIN | Sell | 1.83K | $19.22 | 35.23K |
| 2026-03-31 | TAYLOR KEITH A | Buy | 8.58K | — | — |
| 2026-03-31 | Byus Trey | Buy | 13.77K | — | — |
| 2026-03-31 | Byus Trey | Sell | 5.20K | $17.30 | 89.99K |
| 2026-03-31 | Leahy Natalya | Sell | 24.49K | — | — |
| 2026-03-31 | Goldberg Frederick | Sell | 9.49K | — | — |
| 2026-03-31 | Goldberg Frederick | Buy | 11.26K | — | — |
| 2026-03-31 | Goldberg Frederick | Sell | 9.49K | — | — |
| 2026-03-31 | Byus Trey | Buy | 7.26K | — | — |
| 2026-03-31 | Byus Trey | Sell | 4.52K | — | — |
| 2026-03-31 | Leahy Natalya | Buy | 14.22K | — | — |
| 2026-03-31 | Leahy Natalya | Sell | 24.49K | — | — |
| 2026-03-31 | BRESSLER BENJAMIN | Buy | 5.78K | — | — |
| 2026-03-31 | BRESSLER BENJAMIN | Sell | 2.31K | — | — |
| 2026-03-29 | Byus Trey | Sell | 2.31K | — | — |
| 2026-03-18 | Lindblad Sven-Olof | Sell | 100.00K | — | — |
| 2026-03-16 | BRESSLER BENJAMIN | Sell | 106.71K | $16.93 | 1.81M |
| 2026-03-15 | BRESSLER BENJAMIN | Buy | 243.92K | — | — |
| 2026-03-10 | BRESSLER BENJAMIN | Buy | 771.86K | $17.65 | 13.62M |
| 2026-03-10 | FAHEY JOHN M JR | Sell | 7.77K | $17.66 | 137.19K |
| 2026-03-09 | Smith, Jr. Thomas S. | Sell | 56.00K | $17.57 | 983.80K |
| 2026-03-02 | TAYLOR KEITH A | Other | 0 | — | — |
| 2026-02-07 | Leahy Natalya | Sell | 11.84K | $20.04 | 237.31K |
| 2026-02-05 | BRESSLER BENJAMIN | Buy | 41.00K | — | — |
| 2026-02-05 | BRESSLER BENJAMIN | Sell | 41.00K | $18.08 | 741.20K |
| 2026-02-05 | BRESSLER BENJAMIN | Sell | 41.00K | $8.44 | 346.04K |
| 2026-02-04 | Lindblad Sven-Olof | Sell | 28.00K | $17.61 | 493.03K |
| 2026-02-04 | BRESSLER BENJAMIN | Buy | 181.39K | — | — |
| 2026-02-04 | BRESSLER BENJAMIN | Sell | 181.39K | $8.44 | 1.53M |
| 2026-02-04 | BRESSLER BENJAMIN | Sell | 181.39K | $18.04 | 3.27M |
| 2026-02-03 | Lindblad Sven-Olof | Sell | 127.31K | $17.38 | 2.21M |
| 2026-02-02 | Lindblad Sven-Olof | Sell | 114.66K | $17.18 | 1.97M |
| 2026-02-02 | Lindblad Sven-Olof | Sell | 118.85K | $17.35 | 2.06M |
| 2026-02-02 | BRESSLER BENJAMIN | Sell | 87.48K | $8.44 | 738.31K |
| 2026-02-02 | BRESSLER BENJAMIN | Buy | 87.48K | — | — |
| 2026-02-02 | BRESSLER BENJAMIN | Sell | 87.48K | $17.08 | 1.49M |
| 2026-01-30 | Lindblad Sven-Olof | Sell | 78.28K | $16.66 | 1.30M |
| 2026-01-29 | Lindblad Sven-Olof | Sell | 105.36K | $16.84 | 1.77M |
| 2026-01-29 | BRESSLER BENJAMIN | Sell | 33.34K | $8.44 | 281.37K |
| 2026-01-29 | BRESSLER BENJAMIN | Buy | 33.34K | — | — |
| 2026-01-29 | BRESSLER BENJAMIN | Sell | 33.34K | $17.02 | 567.47K |
| 2026-01-28 | Lindblad Sven-Olof | Sell | 86.64K | $16.29 | 1.41M |
| 2026-01-27 | Lindblad Sven-Olof | Sell | 44.00K | $15.98 | 703.19K |
| 2026-01-26 | Lindblad Sven-Olof | Sell | 42.90K | $16.03 | 687.84K |
| 2026-01-23 | Lindblad Sven-Olof | Sell | 36.07K | $16.08 | 580.06K |
| 2026-01-22 | Lindblad Sven-Olof | Sell | 62.10K | $16.48 | 1.02M |
| 2026-01-21 | Lindblad Sven-Olof | Sell | 75.31K | $16.03 | 1.21M |
| 2026-01-20 | Lindblad Sven-Olof | Sell | 80.52K | $15.67 | 1.26M |
| 2026-01-15 | BRESSLER BENJAMIN | Sell | 7.31K | $8.44 | 61.70K |
| 2026-01-15 | BRESSLER BENJAMIN | Buy | 7.31K | — | — |
| 2026-01-15 | BRESSLER BENJAMIN | Sell | 7.31K | $17.01 | 124.36K |
| 2026-01-14 | BRESSLER BENJAMIN | Sell | 94.26K | $8.44 | 795.55K |
| 2026-01-14 | BRESSLER BENJAMIN | Buy | 94.26K | — | — |
| 2026-01-14 | BRESSLER BENJAMIN | Sell | 94.26K | $17.08 | 1.61M |
| 2026-01-12 | BRESSLER BENJAMIN | Sell | 222.39K | $8.44 | 1.88M |
| 2026-01-12 | BRESSLER BENJAMIN | Buy | 222.39K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 230, holders +29 vs prior quarter. Ownership 81.09%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| FMR LLC | 6.64M | 2.52M | +61.19% | 187.42M |
| BLACKROCK, INC. | 4.34M | 835.16K | +23.82% | 122.58M |
| ARIEL INVESTMENTS, LLC | 2.76M | -676.58K | -19.67% | 78.01M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.13M | 23.45K | +1.11% | 60.14M |
| GOLDMAN SACHS GROUP INC | 1.77M | 846.02K | +91.25% | 50.08M |
| DRIEHAUS CAPITAL MANAGEMENT LLC | 1.47M | 281.38K | +23.73% | 41.44M |
| SELECT EQUITY GROUP, L.P. | 1.45M | 394.74K | +37.31% | 41.03M |
| PRINCIPAL FINANCIAL GROUP INC | 1.39M | -136.29K | -8.91% | 39.35M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.28M | 4.99K | +0.39% | 36.09M |
| LORD, ABBETT & CO. LLC | 1.27M | 745.02K | +142.01% | 35.85M |
| UBS GROUP AG | 1.24M | 142.61K | +13.03% | 34.93M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.24M | 217.63K | +21.36% | 34.92M |
| INVESCO LTD. | 1.21M | 1.09M | +868.20% | 34.28M |
| STATE STREET CORP | 1.06M | 193.68K | +22.26% | 30.04M |
| ROYCE & ASSOCIATES LP | 1.05M | -16.22K | -1.52% | 29.75M |
| BLACK DIAMOND FINANCIAL, LLC | 959.96K | -108.40K | -10.15% | 27.11M |
| DIMENSIONAL FUND ADVISORS LP | 938.14K | 152.02K | +19.34% | 26.49M |
| LOOMIS SAYLES & CO L P | 888.30K | 888.30K | New | 25.09M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 868.76K | 461.61K | +113.38% | 24.53M |
| PINNACLE ASSOCIATES LTD | 800.05K | -40.27K | -4.79% | 22.59M |
| MORGAN STANLEY | 797.76K | 162.44K | +25.57% | 22.53M |
| BANK OF NEW YORK MELLON CORP | 685.62K | -278.03K | -28.85% | 19.36M |
| PENN CAPITAL MANAGEMENT COMPANY, LLC | 595.13K | -242.15K | -28.92% | 16.82M |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 590.22K | -188.87K | -24.24% | 16.67M |
| NUVEEN, LLC | 577.77K | -63.35K | -9.88% | 16.32M |
Earnings and financials
Lindblad Expeditions Holdings, Inc. (LIND) trades at $35.17, with a market cap of $2.31B and a trailing P/E of -93.95. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 242346000 | 266504000 | 309734000 | 343091000 | 82356000 | 147107000 | 421500000 | 569543000 | 644727000 | 771019000 |
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