Lineage, Inc. (LINE) Financial Ratios
19 years of historical data (2007–2025) · Real Estate · REIT - Industrial
EV/EBITDA
↓
15.70
+9% vs avg
5yr avg: 14.46
30Y Low14.4·High14.5
P/FCF
↓
48.07
↓-90% vs avg
5yr avg: 486.48
30Y Low40.7·High40.7
P/B Ratio
↓
1.02
+1% vs avg
5yr avg: 1.01
30Y Low0.9·High1.2
ROE
↑
-1.0%
↓+65% vs avg
5yr avg: -3.0%
30Y Low-223%·High19%
Debt/EBITDA
↓
7.55
↓-56% vs avg
5yr avg: 17.12
30Y Low0.2·High30.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LINE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Lineage, 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 48.1x P/FCF, 90% below the 5-year average of 486.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.4B | $8.0B | $11.2B | — | — | — | — | — | — | — | — |
| Enterprise Value | $18.0B | $16.6B | $17.9B | — | — | — | — | — | — | — | — |
| P/E Ratio → | -96.23 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.76 | 1.49 | 2.09 | — | — | — | — | — | — | — | — |
| P/B Ratio | 1.02 | 0.86 | 1.15 | — | — | — | — | — | — | — | — |
| P/FCF | 48.07 | 40.71 | 932.24 | — | — | — | — | — | — | — | — |
| P/OCF | 9.99 | 8.46 | 15.91 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
LINE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Lineage, Inc.'s enterprise value stands at 15.7x EBITDA, 9% above its 5-year average of 14.5x. The Real Estate sector median is 17.0x, placing the stock at a 7% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.09 | 3.35 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 15.70 | 14.45 | 14.46 | — | — | — | — | — | — | — | — |
| EV / EBIT | 71.48 | 108.31 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 84.55 | 1490.99 | — | — | — | — | — | — | — | — |
LINE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Lineage, Inc. earns an operating margin of 4.7%, below the Real Estate sector average of 24.8%. Operating margins have expanded from -7.5% to 4.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -1.0% indicates the company is currently destroying shareholder equity. ROIC of 1.1% represents below-average returns on invested capital.
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 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.4% | 15.4% | 33.0% | 32.8% | 29.5% | 30.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | 4.7% | 4.7% | 6.8% | -7.5% | -6.0% | 2.4% | 43.4% | 89.7% | -40.8% | -165.3% | -9.0% |
| Net Profit Margin | -1.8% | -1.8% | -12.4% | -1.4% | -1.3% | -4.1% | -27.2% | 52.4% | -236.7% | -165.1% | -9.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.0% | -1.0% | -8.5% | -1.3% | -1.1% | -2.9% | -7.4% | 18.6% | — | -222.7% | -8.7% |
| ROA | -0.5% | -0.5% | -3.5% | -0.4% | -0.4% | -0.9% | -5.0% | 11.5% | -29.7% | -36.1% | -2.7% |
| ROIC | 1.1% | 1.1% | 1.6% | -1.8% | -1.4% | 0.4% | 7.3% | 88.1% | -7.1% | -51.7% | -4.8% |
| ROCE | 1.4% | 1.4% | 2.1% | -2.3% | -1.8% | 0.6% | 9.2% | 30.7% | -9.4% | -45.1% | -2.9% |
LINE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Lineage, Inc. carries a Debt/EBITDA ratio of 7.5x, which is highly leveraged (roughly in line with the sector average of 7.9x). Net debt stands at $8.6B ($8.7B total debt minus $66M cash). Interest coverage of just 0.6x 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 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.94 | 0.94 | 0.71 | 1.83 | 1.75 | 1.82 | 0.69 | 0.11 | — | — | 0.11 |
| Debt / EBITDA | 7.55 | 7.55 | 5.56 | 30.52 | 28.06 | 13.89 | 2.66 | 0.29 | 51.82 | — | 0.74 |
| Net Debt / Equity | — | 0.93 | 0.69 | 1.82 | 1.72 | 1.78 | 0.68 | -0.09 | — | — | 0.11 |
| Net Debt / EBITDA | 7.49 | 7.49 | 5.42 | 30.33 | 27.61 | 13.59 | 2.65 | -0.24 | 35.69 | — | 0.74 |
| Debt / FCF | — | 43.83 | 558.75 | 366.03 | — | — | 3.86 | -1.09 | 1.84 | 7.65 | 0.30 |
| Interest Coverage | 0.57 | 0.57 | -0.61 | 0.81 | 0.77 | 0.12 | 26.88 | 60.00 | -1.94 | -8.72 | -0.76 |
LINE 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. The current ratio has declined from 0.92x to 0.80x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.80 | 0.80 | 0.86 | 0.92 | 1.15 | 1.19 | 0.88 | 2.34 | 0.43 | 0.36 | 1.74 |
| Quick Ratio | 0.71 | 0.71 | 0.74 | 0.79 | 1.02 | 1.05 | 0.88 | 2.34 | 0.43 | 0.36 | 1.74 |
| Cash Ratio | 0.04 | 0.04 | 0.12 | 0.05 | 0.14 | 0.20 | 0.24 | 1.30 | 0.30 | 0.28 | 1.10 |
| Asset Turnover | — | 0.28 | 0.29 | 0.28 | 0.27 | 0.23 | 0.19 | 0.29 | 0.20 | 0.29 | 0.30 |
| Inventory Turnover | 31.23 | 31.23 | 19.13 | 20.99 | 22.15 | 17.80 | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
LINE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Lineage, Inc. returns 6.7% to shareholders annually — split between a 5.7% dividend yield and 1.0% buyback yield.
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 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.7% | 6.7% | 2.1% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 2.1% | 2.5% | 0.1% | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.0% | 1.2% | 0.9% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 6.7% | 7.9% | 3.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $228M | $191M | $210M | $211M | $211M | $152M | $252M | $353M | $343M | $329M |
Peer Comparison
Compare LINE 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 |
|---|---|---|---|---|---|---|---|---|---|
 LINEYou | $9B | -96.2 | 15.7 | 48.1 | 15.4% | 4.7% | -1.0% | 1.1% | 7.5 |
 COLD | $4B | -35.2 | 18.0 | — | 4.0% | 3.8% | -3.7% | 1.0% | 9.7 |
 NSA | $3B | 63.5 | 14.6 | 11.4 | 46.0% | 37.0% | 4.5% | 4.1% | 7.3 |
 CUBE | $9B | 27.8 | 18.1 | 16.3 | 22.7% | 40.0% | 11.6% | 5.5% | 5.0 |
 EXR | $31B | 31.7 | 20.7 | 16.8 | 28.4% | 44.1% | 6.7% | 3.9% | 6.8 |
 PLD | $135B | 39.7 | 27.3 | 26.9 | 59.6% | 40.2% | 5.9% | 2.9% | 5.7 |
 STAG | $7B | 25.9 | 16.9 | 18.0 | 61.3% | 37.7% | 7.6% | 3.5% | 5.3 |
 FR | $8B | 33.0 | 21.7 | 71.3 | 22.6% | 42.3% | 9.0% | 4.5% | 5.2 |
 TRNO | $7B | 16.4 | 24.7 | 32.8 | 75.8% | 40.4% | 10.3% | 3.0% | 3.0 |
 EGP | $11B | 41.1 | 24.8 | 26.5 | 43.3% | 39.9% | 7.6% | 4.3% | 3.5 |
 CHRW | $22B | 38.3 | 26.1 | 24.5 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 17 years · Updated daily
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LINE — Frequently Asked Questions
Quick answers to the most common questions about buying LINE stock.
What is Lineage, Inc.'s P/E ratio?
Lineage, Inc.'s current P/E ratio is -96.2x. This places it at the 50th percentile of its historical range.
What is Lineage, Inc.'s EV/EBITDA?
Lineage, Inc.'s current EV/EBITDA is 15.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.5x.
What is Lineage, Inc.'s ROE?
Lineage, Inc.'s return on equity (ROE) is -1.0%. The historical average is -19.1%.
Is LINE stock overvalued?
Based on historical data, Lineage, Inc. is trading at a P/E of -96.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Lineage, Inc.'s dividend yield?
Lineage, Inc.'s current dividend yield is 5.69%.
What are Lineage, Inc.'s profit margins?
Lineage, Inc. has 15.4% gross margin and 4.7% operating margin.
How much debt does Lineage, Inc. have?
Lineage, Inc.'s Debt/EBITDA ratio is 7.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.