Switch theme
Sign up to access all valuation multiples
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. It operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of twelve owned expedition ships and five seasonal charter vessels under the Lindblad brand.
2010
1.3K+
LTM Revenue $684M
LTM EBITDA $98.5M
$1.0B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Lindblad Expeditions has a last 12-month revenue (LTM) of $684M and a last 12-month EBITDA of $98.5M.
In the most recent fiscal year, Lindblad Expeditions achieved revenue of $645M and an EBITDA of $74.1M.
Lindblad Expeditions expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Lindblad Expeditions valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $684M | XXX | $645M | XXX | XXX | XXX |
| Gross Profit | $684M | XXX | $301M | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $98.5M | XXX | $74.1M | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 11% | XXX | XXX | XXX |
| EBIT | $28.3M | XXX | $21.6M | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | -$26.2M | XXX | -$31.2M | XXX | XXX | XXX |
| Net Margin | -4% | XXX | -5% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $442M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Lindblad Expeditions's stock price is $10.
Lindblad Expeditions has current market cap of $574M, and EV of $1.0B.
See Lindblad Expeditions trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.0B | $574M | XXX | XXX | XXX | XXX | $-0.49 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Lindblad Expeditions has market cap of $574M and EV of $1.0B.
Lindblad Expeditions's trades at 1.6x EV/Revenue multiple, and 13.7x EV/EBITDA.
Equity research analysts estimate Lindblad Expeditions's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lindblad Expeditions has a P/E ratio of -21.9x.
See valuation multiples for Lindblad Expeditions and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $574M | XXX | $574M | XXX | XXX | XXX |
| EV (current) | $1.0B | XXX | $1.0B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 10.3x | XXX | 13.7x | XXX | XXX | XXX |
| EV/EBIT | 35.7x | XXX | 47.0x | XXX | XXX | XXX |
| EV/Gross Profit | 1.5x | XXX | n/a | XXX | XXX | XXX |
| P/E | -21.9x | XXX | -18.4x | XXX | XXX | XXX |
| EV/FCF | 17.0x | XXX | 17.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialLindblad Expeditions's last 12 month revenue growth is 12%
Lindblad Expeditions's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Lindblad Expeditions's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Lindblad Expeditions's rule of X is 45% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Lindblad Expeditions and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Growth | 17% | XXX | 41% | XXX | XXX | XXX |
| Rule of 40 | 22% | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 45% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 13% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 43% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Kiriacoulis Mediterranean | XXX | XXX | XXX | XXX | XXX | XXX |
| EIH | XXX | XXX | XXX | XXX | XXX | XXX |
| Salamis Tours | XXX | XXX | XXX | XXX | XXX | XXX |
| Carnival plc | XXX | XXX | XXX | XXX | XXX | XXX |
| Carnival Corp. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Lindblad Expeditions acquired XXX companies to date.
Last acquisition by Lindblad Expeditions was XXXXXXXX, XXXXX XXXXX XXXXXX . Lindblad Expeditions acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Lindblad Expeditions founded? | Lindblad Expeditions was founded in 2010. |
| Where is Lindblad Expeditions headquartered? | Lindblad Expeditions is headquartered in United States of America. |
| How many employees does Lindblad Expeditions have? | As of today, Lindblad Expeditions has 1.3K+ employees. |
| Who is the CEO of Lindblad Expeditions? | Lindblad Expeditions's CEO is Ms. Natalya Leahy. |
| Is Lindblad Expeditions publicy listed? | Yes, Lindblad Expeditions is a public company listed on NAS. |
| What is the stock symbol of Lindblad Expeditions? | Lindblad Expeditions trades under LIND ticker. |
| When did Lindblad Expeditions go public? | Lindblad Expeditions went public in 2013. |
| Who are competitors of Lindblad Expeditions? | Similar companies to Lindblad Expeditions include e.g. Kiriacoulis Mediterranean, EIH, Salamis Tours, Carnival plc. |
| What is the current market cap of Lindblad Expeditions? | Lindblad Expeditions's current market cap is $574M |
| What is the current revenue of Lindblad Expeditions? | Lindblad Expeditions's last 12 months revenue is $684M. |
| What is the current revenue growth of Lindblad Expeditions? | Lindblad Expeditions revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Lindblad Expeditions? | Current revenue multiple of Lindblad Expeditions is 1.5x. |
| Is Lindblad Expeditions profitable? | Yes, Lindblad Expeditions is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Lindblad Expeditions? | Lindblad Expeditions's last 12 months EBITDA is $98.5M. |
| What is Lindblad Expeditions's EBITDA margin? | Lindblad Expeditions's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Lindblad Expeditions? | Current EBITDA multiple of Lindblad Expeditions is 10.3x. |
| What is the current FCF of Lindblad Expeditions? | Lindblad Expeditions's last 12 months FCF is $59.5M. |
| What is Lindblad Expeditions's FCF margin? | Lindblad Expeditions's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Lindblad Expeditions? | Current FCF multiple of Lindblad Expeditions is 17.0x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
