Saturday 17 October 2026
Export LINE’s income statement to Excel — free account
Lineage, Inc.
LINE Real Estate Reit Industrial
Lineage, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 333.3%, free cash flow grew 91.9% and total debt rose 5.87%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
33.28
0.83
−2.43%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 56.67 | 32.46 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | — | — | — | — | 89.85 | 62.30 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 26,127 | 26,000 | 24,000 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.20 | 0.21 | 0.22 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 3,702 | 4,928 | 5,342 | 5,340 | 5,355 | ||||
| Gross margin, % | — | — | — | — | — | 30.54 | 29.53 | 32.80 | 33.00 | 32.14 | |||||
| EBT | — | — | — | — | — | (206) | (70) | (110) | (840) | (115) | |||||
| EBT margin, % | — | — | — | — | — | (5.56) | (1.42) | (2.06) | (15.73) | (2.15) | |||||
| Net income | — | — | — | — | — | (176) | (76) | (96) | (751) | (113) | |||||
| Depreciation | — | — | — | — | — | 628 | 695 | 781 | 895 | 955 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 28.26 | 32.42 | 32.98 | 27.96 | 23.49 | ||||
| Earnings | — | — | — | — | — | (1.35) | (0.50) | (0.59) | (3.70) | (0.43) | |||||
| Cash flow | — | — | — | — | — | 2.52 | 3.30 | 4.91 | 3.68 | 4.14 | |||||
| Capex | — | — | — | — | — | (6.85) | (5.32) | (4.61) | (3.58) | (2.97) | |||||
| Free cash flow | — | — | — | — | — | (4.33) | (2.03) | 0.30 | 0.10 | 1.17 | |||||
| Book value | — | — | — | — | — | 0.00 | 38.21 | 35.02 | 50.53 | 40.51 | |||||
| Shares, m | — | — | — | — | — | 131 | 152 | 162 | 191 | 228 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | 2.46 | 2.46 | 2.46 | 2.09 | 1.49 | |||||
| P/B | — | — | — | — | — | 2.38 | 2.38 | 2.38 | 1.16 | 0.86 | |||||
| EV/Sales | — | — | — | — | — | 4.44 | 4.44 | 4.44 | 3.23 | 2.85 | |||||
| EV/FCF | — | — | — | — | — | 472.85 | 472.85 | 472.85 | 906.47 | 57.29 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 330 | 501 | 796 | 703 | 943 | ||||
| Capex | — | — | — | — | — | (897) | (809) | (747) | (684) | (677) | |||||
| Free cash flow | — | — | — | — | — | (567) | (308) | 49 | 19 | 266 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 177 | (109) | (208) | (309) | ||||
| Total debt | — | — | — | — | — | — | 10,057 | 10,287 | 6,211 | 7,325 | |||||
| Net debt | — | — | — | — | — | — | 9,855 | 10,216 | 6,036 | 7,259 | |||||
| Shareholders’ equity | — | — | — | — | — | — | 5,808 | 5,673 | 9,651 | 9,236 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | (0.84) | (0.41) | (3.54) | (0.53) | ||||
| ROIC | — | — | — | — | — | 0.00 | 1.19 | 1.57 | (1.44) | 0.69 | |||||
| ROE | — | — | — | — | — | 0.00 | 0.00 | (1.34) | (8.67) | (1.06) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Lineage, Inc. vs peers in Reit Industrial (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EGP EastGroup Properties, Inc. | $10.5B | 34.4× | 34.0× | +9.05% (above 0%: growing) | +16.53% (above 0%: growing) | +447.46% (above 0%: growing) | 73.78% | 40.76% | Compare |
| CUBE CubeSmart | $8.7B | 26.7× | 28.0× | +1.48% (above 0%: growing) | +11.11% (above 0%: growing) | −5.25% (below 0%: shrinking) | 66.48% | 40.97% | Compare |
| REXR Rexford Industrial Realty, Inc. | $8.2B | — (loss-making) | 27.3× | −1.60% (below 0%: shrinking) | n/m | +30.62% (above 0%: growing) | 77.10% | 41.60% | Compare |
| FR First Industrial Realty Trust, Inc. | $8.1B | 21.4× | 26.9× | +8.20% (above 0%: growing) | +38.10% (above 0%: growing) | +183.07% (above 0%: growing) | 75.40% | 45.08% | Compare |
| LINE Lineage, Inc. | $7.8B | — (loss-making) | — (loss-making) | +0.81% (above 0%: growing) | n/m | +91.92% (above 0%: growing) | 31.23% | 3.97% | |
| TRNO Terreno Realty Corporation | $7.0B | 17.2× | 32.9× | +11.12% (above 0%: growing) | −40.00% (below 0%: shrinking) | −173.91% (below 0%: shrinking) | 76.25% | 41.77% | Compare |
| STAG Stag Industrial, Inc. | $6.9B | 27.6× | 33.3× | +8.08% (above 0%: growing) | +3.70% (above 0%: growing) | −536.34% (below 0%: shrinking) | 79.93% | 37.04% | Compare |
| COLD Americold Realty Trust Inc. | $4.0B | — (loss-making) | — (loss-making) | +1.87% (above 0%: growing) | n/m | +63.81% (above 0%: growing) | 32.08% | (43.42%) | Compare |
| LXP LXP Industrial Trust | $3.6B | 61.1× | 614× | +0.45% (above 0%: growing) | n/m | −175.97% (below 0%: shrinking) | 81.64% | 16.08% | Compare |
| Median of peers | $7.5B | 27.1× | 32.9× | +4.98% | +11.11% | +12.69% | 75.83% | 40.87% |
Lineage, Inc. (LINE) key facts
- Lineage, Inc. (LINE) is a Reit Industrial company in the Real Estate sector, listed on Nasdaq.
- Lineage, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, roughly unchanged from fiscal 2024.
- As of October 16, 2026, LINE traded at $33.28, a market capitalization of $7.8 billion.
- Return on equity was −1.06% and debt-to-equity 0.84.
- Its Piotroski F-score is 3 out of 9 for fiscal 2025.