# Lindblad Expeditions Holdings Inc. (LIND) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price $25.87, market value $1.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Lindblad Expeditions Holdings Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 9.92**. A PEG of 9.92 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 2.0×**. Each dollar of revenue is priced at 2.0×.
- **EV / EBITDA: 16.6×**. Enterprise value is 16.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.4%** (5-yr avg -0.4%). Free cash flow equals 6.4% of the market value, above its five-year average of -0.4%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Operating margin: 7.0%**. 7.0% of revenue is left after running the business.
- **Net margin: -3.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: 10.4%**. 10.4% on shareholders' equity is solid.
- **Return on invested capital: 37.7%**. Return on all capital, debt included, is 37.7%: comfortably above what that capital costs.
- **Return on assets: -1.8%**. Each dollar of assets produces -1.8% of profit.

## Growth
- **Revenue growth (1 yr): 19.6%** (3-yr 22.3%/yr, 5-yr 56.4%/yr). Revenue grew 19.6% over the last year, against 56.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 6.0%**. Earnings per share rose 6.0%, slower than revenue, so margins compressed.

## Financial health
- **Net debt / EBITDA: 3.2×**. It would take 3.2 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.43**. A Z-score of 1.43 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Lindblad Expeditions Holdings Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 78.7%** (YTD 79.4%, 3-mo 19.4%). The shares are up 78.7% over twelve months including dividends.
- **From 52-week high: -26.1%** (127.5% above the low). Trading 26% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 1.74** (volatility 51%). Beta of 1.74 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LIND · Page: https://foliofundamentals.com/stocks/lind

Not investment advice.