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Lindblad Expeditions Holdings, Inc.

LINDConsumer CyclicalNASDAQ

Travel Services · Last scanned Jun 3, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$771.0M
+19.6% YoY
Net Income
-$29.7M
+4.7% YoY
EBITDA
$88.0M
+18.7% YoY
Free Cash Flow
$105.7M

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About Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc. The $1.49B market capitalization puts LIND squarely in small-cap range for its industry. provides marine expedition adventures and travel experience worldwide.

Key stats
Market Cap$1.49B
Fwd P/E67.75
EPS$-0.54
Beta2.22
52W Change+110.0%
Analysis

The company holds $275.0M in cash, though total debt stands at $672.1M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $105.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROA of 3.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $421.5M (2022) to $771.0M (2025), reflecting a 83% increase over the period.

A beta of 2.22 means LIND is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing LIND.

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