Friday 6 November 2026 Export LIND’s income statement to Excel — free account

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%

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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

Overview

Lindblad Expeditions (LIND) P/B ratio

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Lindblad Expeditions has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 227× (March 2021) — the current reading is the lowest in ten years.

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<iframe src="https://stockrow.com/embed/LIND/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Lindblad Expeditions P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/LIND/metrics/pb-ratio">Lindblad Expeditions (LIND) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	0.0×	—
FY2024	0.0×	—
FY2023	0.0×	—
FY2022	0.0×	—
FY2021	0.0×	—
FY2020	24.4×	287.04%
FY2019	6.3×	19.57%
FY2018	5.3×	25.67%
FY2017	4.2×	8.21%
FY2016	3.9×	(11.64%)

Period	P/B ratio	Change
Sep 2026	0.0×	—
Jun 2026	0.0×	—
Mar 2026	0.0×	—
Dec 2025	0.0×	—
43 more quarters	Free account

Against its own ten years

Low 0.0× High 227×

Ten-year median 3.5×

Current reading's percentile 45

Company	P/B ratio
LIND Lindblad Expeditions	n/m
MMYT MakeMyTrip Limited compare	n/m
TNL Travel + Leisure Co. compare	n/m
TCOM Trip.com Group Limited Sponsored ADR compare	1.1×
TRIP TripAdvisor, Inc. compare	2.4×
PRSU Pursuit Attractions and Hospitality, Inc. compare	2.4×
NCLH Norwegian Cruise Line Holdings Ltd. compare	2.6×
EXPE Expedia Group, Inc. compare	11.2×
VIK Viking Holdings Ltd. compare	23.4×
Travel Services industry median	2.7×
Consumer Cyclical sector median	1.7×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Lindblad Expeditions (LIND) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on LIND

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on LIND

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