LIND (Lindblad Expeditions Holdings) EBIT: $27.7 Mil (TTM As of Mar. 2026)


LIND Lindblad Expeditions Holdings Inc LIND
65 GF Score
Price $26.99
GF Value $13.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lindblad Expeditions Holdings EBIT?

Lindblad Expeditions Holdings LIND +4.74% 65 EBIT is $27.7 Mil as of Mar. 2026. GuruFocus rates LIND with a GF Score™ of 65/100 and a GF Value™ of $13.25 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Lindblad Expeditions Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $15.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $27.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lindblad Expeditions Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 6.32%. Lindblad Expeditions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lindblad Expeditions Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.26%.


Lindblad Expeditions Holdings  (NAS:LIND) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Lindblad Expeditions Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=62.46 * ( 1 - 0% )/( (974.713 + 1003.072)/ 2 )
=62.46/988.8925
=6.32 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=979.958 - 98.959 - ( 256.692 - max(0, 461.594 - 367.88+256.692))
=974.713

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=987.182 - 72.478 - ( 275.012 - max(0, 473.12 - 384.752+275.012))
=1003.072

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Lindblad Expeditions Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61.616/( ( (522.123 + max(-349.252, 0)) + (511.764 + max(-361.894, 0)) )/ 2 )
=61.616/( ( 522.123 + 511.764 )/ 2 )
=61.616/516.9435
=11.92 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 111.188) - (98.959 + 361.481 + 0)
=-349.252

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 109.74) - (72.478 + 399.156 + 0)
=-361.894

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lindblad Expeditions Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=27.729/2193.533
=1.26 %

* 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.


Lindblad Expeditions Holdings EBIT Related Terms


Lindblad Expeditions Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Lindblad Expeditions Holdings's EBIT can be seen below:

* 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.

Lindblad Expeditions Holdings EBIT Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.61 -64.59 7.28 20.65 23.48

Lindblad Expeditions Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.16 5.20 13.27 -6.14 15.40

LIND vs TRIP, PRSU, TOUR: EBIT Comparison

For the Travel Services subindustry, Lindblad Expeditions Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lindblad Expeditions Holdings's EV-to-EBIT falls into.


LIND
65GF Score
Lindblad Expeditions Holdings Inc LIND
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindblad Expeditions Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.7 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $27.7 Mil mean?
Lindblad Expeditions Holdings (LIND) has a EBIT of $27.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lindblad Expeditions Holdings.
Is Lindblad Expeditions Holdings' EBIT too high?
Lindblad Expeditions Holdings' current EBIT is $27.7 Mil. 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' EBIT compare to TRIP and PRSU?
Lindblad Expeditions Holdings' EBIT of $27.7 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lindblad Expeditions Holdings. Lindblad Expeditions Holdings's current EBIT is $27.7 Mil. 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 $13.25, compared to a current price of $26.99 — trading 103.7% above its estimated fair value. The current EBIT is $27.7 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current EBIT is $27.7 Mil 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 $26.99 is trading 103.7% above its estimated GF Value™ of $13.25. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • EBIT: $27.7 Mil
  • GF Value™: $13.25 vs. price of $26.99 (103.7% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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

Other Exchanges LI4:Germany
Address 11 West 42nd Street, Suite 22 B3, New York, NY, USA, 10036
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

Get the complete analysis for LIND

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.99
Price
$13.25
GF Value