LIND (Lindblad Expeditions Holdings) Enterprise Value: $2,265.2 Mil (As of Jun. 25, 2026) ***


LIND Lindblad Expeditions Holdings Inc LIND
65 GF Score
Price $28.08
GF Value $13.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lindblad Expeditions Holdings Enterprise Value?

Lindblad Expeditions Holdings LIND +4.05% 65 Enterprise Value is $2,265.2 Mil as of Jun. 25, 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lindblad Expeditions Holdings's Enterprise Value is $2,265.2 Mil. Lindblad Expeditions Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $27.7 Mil. Therefore, Lindblad Expeditions Holdings's EV-to-EBIT ratio for today is 81.69.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lindblad Expeditions Holdings's Enterprise Value is $2,265.2 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 ratio for today is 23.85.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lindblad Expeditions Holdings's Enterprise Value is $2,265.2 Mil. Lindblad Expeditions Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $799.3 Mil. Therefore, Lindblad Expeditions Holdings's EV-to-Revenue ratio for today is 2.83.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Lindblad Expeditions Holdings's Enterprise Value is $2,265.2 Mil. Lindblad Expeditions Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $112.7 Mil. Therefore, Lindblad Expeditions Holdings's EV-to-OCF ratio for today is 20.11.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Lindblad Expeditions Holdings's Enterprise Value is $2,265.2 Mil. Lindblad Expeditions Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $71.4 Mil. Therefore, Lindblad Expeditions Holdings's EV-to-FCF ratio for today is 31.71.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Lindblad Expeditions Holdings  (NAS:LIND) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Lindblad Expeditions Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2265.170/27.729
=81.69

Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 Mil.
Lindblad Expeditions Holdings's 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2265.170/94.967
=23.85

Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Lindblad Expeditions Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2265.170/799.311
=2.83

Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 Mil.
Lindblad Expeditions Holdings's Revenue 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 $799.3 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Lindblad Expeditions Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2265.170/112.658
=20.11

Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 Mil.
Lindblad Expeditions Holdings's Cash Flow from Operations 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 $112.7 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Lindblad Expeditions Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2265.170/71.442
=31.71

Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 Mil.
Lindblad Expeditions Holdings's Free Cash Flow 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 $71.4 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.


Lindblad Expeditions Holdings Enterprise Value Related Terms


Lindblad Expeditions Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Lindblad Expeditions Holdings's Enterprise Value 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 Enterprise Value Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,285.02 959.66 1,179.25 1,195.84 1,335.92

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
Enterprise Value 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 976.61 1,103.86 1,156.22 1,335.92 1,555.33

LIND vs TRIP, PRSU, TOUR: Enterprise Value Comparison

For the Travel Services subindustry, Lindblad Expeditions Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Lindblad Expeditions Holdings's Enterprise Value falls into.


LIND
65GF Score
Lindblad Expeditions Holdings Inc LIND
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindblad Expeditions Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Lindblad Expeditions Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Lindblad Expeditions Holdings's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $2,265.2 Mil mean?
Lindblad Expeditions Holdings (LIND) has a Enterprise Value of $2,265.2 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Lindblad Expeditions Holdings and its competitors.
Is Lindblad Expeditions Holdings' Enterprise Value too high?
Lindblad Expeditions Holdings' current Enterprise Value is $2,265.2 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' Enterprise Value compare to TRIP and PRSU?
Lindblad Expeditions Holdings' Enterprise Value of $2,265.2 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 Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Lindblad Expeditions Holdings and its competitors. Lindblad Expeditions Holdings's current Enterprise Value is $2,265.2 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 $28.08 — trading 111.9% above its estimated fair value. The current Enterprise Value is $2,265.2 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current Enterprise Value is $2,265.2 Mil as of Jun. 25, 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 $28.08 is trading 111.9% above its estimated GF Value™ of $13.25. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • Enterprise Value: $2,265.2 Mil
  • GF Value™: $13.25 vs. price of $28.08 (111.9% 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

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

$28.08
Price
$13.25
GF Value