Lineage, Inc.
LINE Nasdaq· Real Estate Investment Trusts
Last close · Oct 26, 2026
$35.75
KIRA · Stoqly’s AI analyst, in plain words
- Lineage, Inc. had $5.4B of revenue in fiscal 2025, up 0.3% on the year before.
- Its operating margin was 3.4%, up 10.1 pts: of every 100 in sales, about 3 is left after running the business.
- Lineage, Inc. lost $100M in fiscal 2025.
- Free cash flow was $196M in fiscal 2025, 3.7% of revenue.
- Lineage, Inc. returned $619M to shareholders in fiscal 2025, 316% of free cash flow. The diluted share count rose 19.4%.
- Lineage, Inc. owes $7.3B more than it holds in cash, about 6.8 years of operating profit.
Market cap
$8.2B
P/E
—
Revenue
$5.4B
Net income
−$100M
Free cash flow
$196M
Operating margin
3.4%
Lineage, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+0.3%
Only a little. Sales grew 0.3% last year.
Does it make a profit?
−1.9%
No. It lost money last year.
Does profit turn into cash?
3.7%
Partly. 3.7% of sales ends up as free cash.
Is debt under control?
6.8x
Heavy. Repaying its debt would take 6.8 years of operating profit.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Lineage, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- Lineage, Inc.
- CIK
- 0001868159
Lineage, Inc. · LINE
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $4.9B | $5.3B | $5.3B | $5.4B |
| Revenue growth | — | 8.4% | −0.0% | 0.3% |
| Gross margin | 29.5% | 32.8% | 33.0% | 32.1% |
| Operating margin | 6.0% | 7.5% | −6.8% | 3.4% |
| Net income | −$63.0M | −$77.0M | −$664M | −$100M |
| Net margin | −1.3% | −1.4% | −12.4% | −1.9% |
| Diluted EPS | −$0.51 | −$0.73 | −$3.70 | −$0.43 |
| Cash | ||||
| Cash from operations | $501M | $796M | $703M | $943M |
| Capital expenditure | $813M | $766M | $691M | $747M |
| Free cash flow | −$312M | $30.0M | $12.0M | $196M |
| FCF margin | −6.3% | 0.6% | 0.2% | 3.7% |
| Dividends paid | $180M | $46.0M | $234M | $537M |
| Share buybacks | $0.0M | $12.0M | $42.0M | $82.0M |
| Share count change | — | 6.6% | 17.9% | 19.4% |
| Debt and strength | ||||
| Cash and short-term investments | $202M | $68.0M | $173M | $66.0M |
| Debt incl. finance leases | — | $10.4B | $6.4B | $7.4B |
| Shareholders' equity | $5.8B | $5.1B | $8.6B | $8.2B |
| Net debt / EBITDA | — | 8.9x | 12.0x | 6.8x |
| Current ratio | — | 0.9x | 0.9x | 0.8x |
| Interest coverage | 1.1x | 0.8x | −0.8x | 0.7x |
| Returns and quality | ||||
| Return on capital | — | 2.3% | −2.1% | 1.0% |
| Return on equity | −1.1% | −1.4% | −9.7% | −1.2% |
| Return on tangible equity | −3.1% | −31.3% | −16.9% | −2.7% |
| Piotroski F-score | — | — | 5 | 3 |
| Altman Z'' | — | 0.4 | 0.5 | 0.4 |
Insiders bought, 12 months
$7.1M
5 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lineage, Inc. · LINE
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $35.75 a share, the company is worth $8.2B.
Source: SEC EDGAR XBRL filings (CIK 0001868159). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.