Lindblad Expeditions

LIND Consumer Cyclical Travel Services

Lindblad Expeditions' revenue for fiscal 2025 (year ended December 2025) was $771.0 million, up 19.6% from fiscal 2024.

Revenue
+12.1%
EPS
0.00%
Free cash flow
−109.5%
Total debt
+6.88%

Quarter to September 2026, against a year earlier

31.47 2.05 −6.12%
Market cap
$2.1B
P/E
728×
Fwd P/E
172×
Dividend yield
—
F-score
7/9
Altman Z
0.61
Beneish M
n/a
Dividend safety
n/a

Lindblad Expeditions (LIND) Operating margin

Alert me on Operating margin

Lindblad Expeditions's operating margin over the twelve months to 30 September 2026 was 7.54%, up 1.6 percentage points from fiscal 2025 (5.90%). Over the past ten years it has ranged from −107.3% (fiscal 2020) to 9.68% (fiscal 2019); the current reading is higher than 73% of that period. That is below the Travel Services industry median of 15.6% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 5.90% 2.56
FY2024 3.34% 1.48
FY2023 1.86% 16.82
FY2022 −15.0% 60.38
FY2021 −75.3% 32.00
FY2020 −107.3% (117.02)
FY2019 9.68% 1.50
FY2018 8.18% 4.15
FY2017 4.03% (1.74)
FY2016 5.77% (1.61)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 15.9% 9.88
Jun 2026 6.00% (1.51)
Mar 2026 7.51% 10.51
Dec 2025 −3.00% (17.98)
43 more quarters

Against its own ten years

Low −107.3% High 9.68%
Ten-year median 4.03%
Current reading's percentile 77

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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