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Lindblad Expeditions HoldingsLIND +0.58%65 Debt-to-EBITDA is 4.91 as of Mar. 2026, which is 0% above its 10-year median of 4.90. GuruFocus rates LIND with a GF Score™ of 65/100 and a GF Value™ of $13.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 646 Travel & Leisure companies, Lindblad Expeditions Holdings ranks worse than 82.97% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Lindblad Expeditions Holdings's Debt-to-EBITDA or its related term are showing as below:
LIND'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.81 Med: 4.9 Max: 11.38
Current: 7
During the past 13 years, the highest Debt-to-EBITDA Ratio of Lindblad Expeditions Holdings was 11.38. The lowest was -27.81. And the median was 4.90.
LIND's Debt-to-EBITDA is ranked worse than 82.97% of 646
companies
in the Travel & Leisure industry
Industry Median: 2.54
vs LIND: 7.00
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Lindblad Expeditions Holdings Debt-to-EBITDA Related Terms
Lindblad Expeditions Holdings Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LIND vs TRIP, PRSU, YTRA: Debt-to-EBITDA Comparison
For the Travel Services subindustry, Lindblad Expeditions Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lindblad Expeditions Holdings Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lindblad Expeditions Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Lindblad Expeditions Holdings (LIND) has a Debt-to-EBITDA of 4.91 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lindblad Expeditions Holdings. This is near median its historical median of 4.90. According to the industry distribution chart, Lindblad Expeditions Holdings ranks #536 out of 646 companies in the Travel & Leisure industry, placing it in the top 83%.
Is Lindblad Expeditions Holdings' Debt-to-EBITDA too high?
Lindblad Expeditions Holdings' current Debt-to-EBITDA of 4.91 is near median its 10-year median of 4.90. The Travel & Leisure industry median Debt-to-EBITDA is 2.54. Lindblad Expeditions Holdings' value of 4.91 is 93.3% above this industry median. Based on the distribution chart, Lindblad Expeditions Holdings ranks #536 out of 646 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Lindblad Expeditions Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindblad Expeditions Holdings' Debt-to-EBITDA compare to TRIP and PRSU?
According to the Travel & Leisure industry distribution chart, Lindblad Expeditions Holdings ranks #536 out of 646 companies for Debt-to-EBITDA. This places Lindblad Expeditions Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.54. Lindblad Expeditions Holdings' value of 4.91 is 93.3% above this benchmark. While the company's 10-year median is 4.90 vs. the industry median of 2.54, Lindblad Expeditions Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.54, based on 646 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindblad Expeditions Holdings's current Debt-to-EBITDA of 4.91 is 93.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lindblad Expeditions Holdings. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindblad Expeditions Holdings's current Debt-to-EBITDA is 4.91, which is near median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindblad Expeditions Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings (LIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.23, compared to a current price of $27.67 — trading 109.1% above its estimated fair value. The current Debt-to-EBITDA is 4.91, which is near median its 10-year median of 4.90 and 93.3% above the Travel & Leisure industry median of 2.54. Lindblad Expeditions Holdings' overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current Debt-to-EBITDA is 4.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lindblad Expeditions Holdings (LIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings stock appears to be overvalued.
The current stock price of $27.67 is trading 109.1% above its estimated GF Value™ of $13.23.
GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.
Key valuation signals for LIND:
Debt-to-EBITDA: 4.91 (near median its 10-year median of 4.90)
GF Value™: $13.23 vs. price of $27.67 (109.1% above fair value)
Industry Position: 93.3% above the Travel & Leisure median (#536 of 646)
No single metric tells the full story. See the LIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lindblad Expeditions Holdings Business Description
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.
65GF Score
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