LIND (Lindblad Expeditions Holdings) EV-to-EBITDA: 23.00 (As of Jul. 24, 2026) — 45% Above Median

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LIND Lindblad Expeditions Holdings Inc LIND
65 GF Score
Price $26.85
GF Value $13.23
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lindblad Expeditions Holdings EV-to-EBITDA?

Lindblad Expeditions Holdings LIND -0.78% 65 EV-to-EBITDA is 23.00 as of Jul. 24, 2026, which is 45% above its 10-year median of 15.84. 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 691 Travel & Leisure companies, Lindblad Expeditions Holdings ranks worse than 81.04% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lindblad Expeditions Holdings's enterprise value is $2,184.3 Mil. Lindblad Expeditions Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $95.0 Mil. Therefore, Lindblad Expeditions Holdings's EV-to-EBITDA for today is 23.00.

The historical rank and industry rank for Lindblad Expeditions Holdings's EV-to-EBITDA or its related term are showing as below:

LIND' s EV-to-EBITDA Range Over the Past 10 Years
Min: -59.73   Med: 15.84   Max: 363.65
Current: 23

During the past 13 years, the highest EV-to-EBITDA of Lindblad Expeditions Holdings was 363.65. The lowest was -59.73. And the median was 15.84.

LIND's EV-to-EBITDA is ranked worse than
81.04% of 691 companies
in the Travel & Leisure industry
Industry Median: 9.66 vs LIND: 23.00

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-24), Lindblad Expeditions Holdings's stock price is $26.85. Lindblad Expeditions Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.540. Therefore, Lindblad Expeditions Holdings's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Lindblad Expeditions Holdings  (NAS:LIND) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Lindblad Expeditions Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=26.85/-0.540
=At Loss

Lindblad Expeditions Holdings's share price for today is $26.85.
Lindblad Expeditions Holdings's Earnings per Share (Diluted) 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 $-0.540.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Lindblad Expeditions Holdings EV-to-EBITDA Related Terms


Lindblad Expeditions Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lindblad Expeditions Holdings's EV-to-EBITDA 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 EV-to-EBITDA Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.51 -48.13 21.52 16.13 15.18

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
EV-to-EBITDA 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 11.94 11.47 14.03 15.18 16.38

LIND vs TRIP, PRSU, YTRA: EV-to-EBITDA Comparison

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

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

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


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

Lindblad Expeditions Holdings EV-to-EBITDA Calculation

Lindblad Expeditions Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2184.349/94.967
=23.00

Lindblad Expeditions Holdings's current Enterprise Value is $2,184.3 Mil.
Lindblad Expeditions Holdings's EBITDA 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 $95.0 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 23.00 mean?
Lindblad Expeditions Holdings (LIND) has a EV-to-EBITDA of 23.00 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lindblad Expeditions Holdings. This is 45% above median its historical median of 15.84. According to the industry distribution chart, Lindblad Expeditions Holdings ranks #560 out of 691 companies in the Travel & Leisure industry, placing it in the top 81%.
Is Lindblad Expeditions Holdings' EV-to-EBITDA too high?
Lindblad Expeditions Holdings' current EV-to-EBITDA of 23.00 is 45% above median its 10-year median of 15.84. The Travel & Leisure industry median EV-to-EBITDA is 9.66. Lindblad Expeditions Holdings' value of 23.00 is 138.1% above this industry median. Based on the distribution chart, Lindblad Expeditions Holdings ranks #560 out of 691 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' EV-to-EBITDA compare to TRIP and PRSU?
According to the Travel & Leisure industry distribution chart, Lindblad Expeditions Holdings ranks #560 out of 691 companies for EV-to-EBITDA. This places Lindblad Expeditions Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 9.66. Lindblad Expeditions Holdings' value of 23.00 is 138.1% above this benchmark. While the company's 10-year median is 15.84 vs. the industry median of 9.66, 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 EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.66, based on 691 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindblad Expeditions Holdings's current EV-to-EBITDA of 23.00 is 138.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lindblad Expeditions Holdings. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindblad Expeditions Holdings's current EV-to-EBITDA is 23.00, which is 45% above median its own 10-year median of 15.84. 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 $26.85 — trading 102.9% above its estimated fair value. The current EV-to-EBITDA is 23.00, which is 45% above median its 10-year median of 15.84 and 138.1% above the Travel & Leisure industry median of 9.66. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current EV-to-EBITDA is 23.00 as of Jul. 24, 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 $26.85 is trading 102.9% above its estimated GF Value™ of $13.23. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • EV-to-EBITDA: 23.00 (45% above median its 10-year median of 15.84)
  • GF Value™: $13.23 vs. price of $26.85 (102.9% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 138.1% above the Travel & Leisure median (#560 of 691)

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

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

$26.85
Price
$13.23
GF Value