VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener

← Back to Screener

Lindblad Expeditions Holdings, Inc. (LIND) Financial Ratios

15 years of historical data (2011–2025) · Consumer Cyclical · Travel Services

View Quarterly Ratios →

P/E Ratio

-36.43

—

5yr avg: N/A

00%ile100

30Y Low25.8·High94.5

View P/E History →

EV/EBITDA

↓

15.41

+5% vs avg

5yr avg: 14.62

050%ile100

30Y Low11.1·High18.4

P/FCF

↑

19.26

↑+68% vs avg

5yr avg: 11.47

067%ile100

30Y Low10.8·High19.9

P/B Ratio

N/A

—

5yr avg: 49.03

30Y Low0.3·High49.0

ROE

N/A

—

5yr avg: -167.6%

30Y Low-168%·High13%

Debt/EBITDA

↓

6.13

↓-27% vs avg

5yr avg: 8.41

078%ile100

30Y Low0.0·High10.7

Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.

LIND Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

Lindblad Expeditions Holdings, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 19.3x P/FCF, 68% above the 5-year average of 11.5x.

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Market Cap	$1.3B	$793M	$638M	$600M	$401M	$782M	$851M	$808M	$624M	$436M	$439M
Enterprise Value	$1.7B	$1.2B	$1.1B	$1.1B	$871M	$1.2B	$1.2B	$931M	$700M	$506M	$469M
P/E Ratio →	-36.43	—	—	—	—	—	—	58.39	56.08	—	94.50
P/S Ratio	1.64	1.03	0.99	1.05	0.95	5.31	10.34	2.36	2.01	1.64	1.81
P/B Ratio	—	—	—	—	—	49.03	6.74	5.80	5.09	3.87	3.69
P/FCF	19.26	12.10	10.85	—	—	—	—	—	310.01	—	—
P/OCF	11.14	7.00	6.91	23.59	—	24.06	—	12.91	11.07	8.25	13.97

P/E links to full P/E history page with 30-year chart

LIND EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

Lindblad Expeditions Holdings, Inc.'s enterprise value stands at 15.4x EBITDA, 5% above its 5-year average of 14.6x. The Consumer Cyclical sector median is 11.9x, placing the stock at a 29% premium on an enterprise-value basis.

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
EV / Revenue	—	1.56	1.68	1.87	2.07	8.02	13.99	2.71	2.26	1.90	1.94
EV / EBITDA	15.41	11.08	14.41	18.36	—	—	—	15.72	15.19	18.01	14.49
EV / EBIT	36.69	51.10	52.39	146.50	—	—	—	28.02	27.64	41.44	39.11
EV / FCF	—	18.32	18.38	—	—	—	—	—	348.13	—	—

LIND Profitability

Margins and return-on-capital ratios measuring operating efficiency

Lindblad Expeditions Holdings, Inc. earns an operating margin of 5.9%, above the Consumer Cyclical sector average of 2.1%. Operating margins have expanded from 1.9% to 5.9% over the past 3 years, signaling improving operational efficiency. ROIC of 12.4% represents solid returns on invested capital versus a sector median of 5.4%.

Margins

Full margin charts and quarterly trend are on the Earnings History page

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Gross Margin	37.6%	37.6%	46.7%	43.4%	32.8%	15.4%	11.4%	51.4%	50.4%	49.1%	50.9%
Operating Margin	5.9%	5.9%	3.3%	1.9%	-15.0%	-75.3%	-107.3%	9.7%	8.2%	4.0%	5.8%
Net Profit Margin	-3.9%	-3.9%	-4.8%	-8.0%	-26.4%	-81.0%	-119.9%	4.8%	3.7%	-3.2%	2.0%

Return on Capital

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
ROE	—	—	—	—	—	-167.6%	-74.3%	12.5%	9.7%	-7.5%	4.2%
ROA	-3.2%	-3.2%	-3.7%	-5.6%	-13.8%	-15.0%	-15.1%	3.2%	2.5%	-2.1%	1.2%
ROIC	12.4%	12.4%	5.0%	2.2%	-11.8%	-19.8%	-19.2%	10.8%	10.0%	4.9%	9.5%
ROCE	9.1%	9.1%	4.3%	2.2%	-12.8%	-19.4%	-18.3%	9.8%	8.5%	3.8%	5.0%

LIND Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

Lindblad Expeditions Holdings, Inc. carries a Debt/EBITDA ratio of 6.1x, which is highly leveraged (31% above the sector average of 4.7x). Net debt stands at $407M ($664M total debt minus $257M cash). Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Debt / Equity	—	—	—	—	—	34.46	3.86	1.61	1.55	1.47	1.39
Debt / EBITDA	6.13	6.13	8.36	10.73	—	—	—	3.79	4.12	5.91	5.12
Net Debt / Equity	—	—	—	—	—	25.01	2.38	0.88	0.63	0.62	0.26
Net Debt / EBITDA	3.76	3.76	5.91	8.03	—	—	—	2.07	1.66	2.47	0.94
Debt / FCF	—	6.22	7.54	—	—	—	—	—	38.12	—	—
Interest Coverage	0.52	0.52	0.45	0.16	-1.72	-3.93	-5.59	2.70	2.34	1.25	1.18

LIND Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

The current ratio of 0.80x is below 1.0, meaning current liabilities exceed current assets.

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Current Ratio	0.80	0.80	0.71	0.77	0.54	0.73	1.47	0.80	0.94	0.91	1.38
Quick Ratio	0.80	0.80	0.71	0.75	0.50	0.69	1.42	0.76	0.90	0.86	1.33
Cash Ratio	0.56	0.56	0.47	0.49	0.30	0.52	1.20	0.56	0.71	0.67	1.09
Asset Turnover	—	0.79	0.74	0.69	0.53	0.18	0.11	0.63	0.65	0.63	0.59
Inventory Turnover	—	—	—	59.28	23.75	11.80	9.54	20.01	22.71	19.82	20.49
Days Sales Outstanding	—	—	—	—	—	—	—	—	—	—	—

LIND Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Lindblad Expeditions Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.

Dividends

Full dividend history and growth charts are on the Dividend History page

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Dividend Yield	—	—	0.7%	—	—	—	—	—	—	—	—
Payout Ratio	—	—	—	—	—	—	—	—	—	—	—

Total Shareholder Return Metrics

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Earnings Yield	—	—	—	—	—	—	—	1.7%	1.8%	—	1.1%
FCF Yield	5.2%	8.3%	9.2%	—	—	—	—	—	0.3%	—	—
Buyback Yield	0.0%	0.0%	0.5%	0.2%	0.3%	0.0%	0.0%	0.0%	0.7%	1.4%	2.4%
Total Shareholder Yield	0.0%	0.0%	1.2%	0.2%	0.3%	0.0%	0.0%	0.0%	0.7%	1.4%	2.4%
Shares Outstanding	—	$55M	$54M	$53M	$52M	$50M	$50M	$49M	$46M	$45M	$46M

Peer Comparison

Compare LIND with 10 similar companies in its peer group

Company	Market Cap	P/E	EV/EBITDA	P/FCF	Gross Margin	Op Margin	ROE	ROIC	Debt/EBITDA
LINDYou	$1B	-36.4	15.4	19.3	37.6%	5.9%	—	12.4%	6.1
NCLH	$8B	20.4	8.3	—	32.0%	16.2%	23.3%	7.5%	5.3
RCL	$77B	18.2	15.2	62.3	46.8%	27.4%	47.5%	12.2%	3.5
CCL	$35B	13.9	8.4	13.3	29.6%	16.8%	25.6%	8.9%	3.8
TNL	$4B	19.8	10.6	8.1	27.2%	17.8%	—	13.0%	5.8
HZO	$759M	-24.1	12.0	63.5	32.5%	4.5%	-3.3%	3.8%	8.2
ONEW	$183M	-1.5	13.1	2.3	21.7%	3.3%	-33.9%	3.6%	11.5
MPX	$280M	24.8	13.8	18.8	19.1%	5.7%	9.0%	13.3%	—
TRIP	$1B	36.1	8.7	8.0	62.0%	4.2%	5.0%	7.4%	7.2
BKNG	$130B	25.3	13.1	14.3	100.0%	34.5%	—	—	1.9
EXPE	$26B	23.0	9.1	8.5	84.1%	13.4%	48.4%	40.2%	2.3
Consumer Cyclical Median	—	20.4	11.9	15.3	36.3%	2.1%	5.3%	5.4%	4.7

Peer selection based on competitive and market overlap. Compare multiple stocks →

Download Financial Ratios Data

Includes 30+ ratios · 15 years · Updated daily

LIND — Frequently Asked Questions

Quick answers to the most common questions about buying LIND stock.

What is Lindblad Expeditions Holdings, Inc.'s P/E ratio?

Lindblad Expeditions Holdings, Inc.'s current P/E ratio is -36.4x. The historical average is 58.7x.

What is Lindblad Expeditions Holdings, Inc.'s EV/EBITDA?

Lindblad Expeditions Holdings, Inc.'s current EV/EBITDA is 15.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.5x.

Is LIND stock overvalued?

Based on historical data, Lindblad Expeditions Holdings, Inc. is trading at a P/E of -36.4x. Compare with industry peers and growth rates for a complete picture.

What are Lindblad Expeditions Holdings, Inc.'s profit margins?

Lindblad Expeditions Holdings, Inc. has 37.6% gross margin and 5.9% operating margin.

How much debt does Lindblad Expeditions Holdings, Inc. have?

Lindblad Expeditions Holdings, Inc.'s Debt/EBITDA ratio is 6.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.