Lineage, Inc. (LINE) Key Metrics
LINE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $8.34B
- Enterprise value
- $16.20B
- P/E (TTM)
- —
- Forward P/E
- 769.2
- PEG ratio
- —
- Price / sales
- 1.5
- Price / book
- 1.0
- EV / EBITDA
- 15.0
- Dividend yield
- 5.81% $2.13 a year
- Beta
- 0.93
LINE key metrics, 2014–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLINE valuation Price multiples at each fiscal year-end price.
LINE returns How much profit the business earns on the capital it uses.
LINE per-share figures Results divided by the shares outstanding at year-end.
LINE financial health Debt, liquidity and how easily interest is covered.
LINE efficiency & capital use Working capital cycle and where the cash goes.
LINE valuation history
LINE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LINE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LINE cash returned to shareholders
LINE price vs earnings per share
LINE key metrics
2014–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.98B | $11.19B | — | — | — | — | — | — | — | — |
| Enterprise value | $16.57B | $17.89B | — | — | — | — | — | — | — | — |
| Price / sales | 1.5 | 2.1 | — | — | — | — | — | — | — | — |
| Price / book | 1.0 | 1.3 | — | — | — | — | — | — | — | — |
| Price / free cash flow | 40.7 | 932.2 | — | — | — | — | — | — | — | — |
| Price / operating cash flow | 8.5 | 15.9 | — | — | — | — | — | — | — | — |
| EV / sales | 3.1 | 3.4 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 15.8 | 32.7 | — | — | — | — | — | — | — | — |
| EV / free cash flow | 84.5 | — | — | — | — | — | — | — | — | — |
| Earnings yield | −1.2% | −5.9% | — | — | — | — | — | — | — | — |
| Free cash flow yield | 2.5% | 0.1% | — | — | — | — | — | — | — | — |
| Dividend yield | 6.7% | 2.1% | — | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 7.9% | 3.0% | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $35.00 | $58.57 | — | — | — | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $23.49 | $27.96 | $25.41 | $23.38 | $17.56 | $3.40 | $3.28 | $2.60 | $8.40 | $15.15 |
| Earnings per share | −$0.43 | −$3.48 | −$0.37 | −$0.30 | −$0.73 | −$0.92 | $1.72 | −$6.16 | −$13.86 | −$1.37 |
| Operating cash flow per share | $4.14 | $3.68 | $3.79 | $2.38 | $1.56 | $1.76 | $1.11 | $2.50 | $3.64 | $5.20 |
| Free cash flow per share | $0.86 | $0.06 | $0.14 | −$1.48 | −$1.70 | $1.74 | $0.76 | $2.37 | $3.45 | $4.98 |
| Cash per share | $0.29 | $0.91 | $0.32 | $0.81 | $0.99 | $0.59 | $1.88 | $1.97 | $3.56 | $3.28 |
| Book value per share | $36.17 | $45.23 | $24.03 | $24.51 | $20.59 | $9.82 | $9.24 | −$6.80 | −$0.78 | $13.81 |
| Tangible book value per share | $16.18 | $21.85 | $1.79 | $2.52 | $0.95 | $9.82 | $9.24 | −$6.80 | −$0.78 | $13.81 |
| Dividends per share | $2.36 | $1.23 | $0.22 | $0.85 | $0.70 | — | — | — | — | — |
| Capex per share | $3.28 | $3.62 | $3.64 | $3.86 | $3.27 | $0.02 | $0.35 | $0.13 | $0.19 | $0.23 |
| Debt per share | $37.97 | $36.01 | $52.56 | $50.71 | $45.56 | $6.76 | $1.01 | $6.33 | $26.34 | $1.52 |
| Shares outstanding | 228.0M | 191.0M | 210.2M | 210.8M | 210.8M | 152.2M | 252.4M | 352.7M | 343.3M | 328.9M |
| Change in shares outstanding | +19.4% | −9.1% | −0.3% | 0.0% | +38.5% | −39.7% | −28.4% | +2.7% | +4.4% | +38.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.2% | −9.7% | −1.5% | −1.3% | −5.3% | −7.4% | — | — | — | −8.7% |
| Return on invested capital (ROIC) | 1.2% | 1.8% | −2.0% | −1.6% | 0.9% | 4.9% | 59.2% | — | −65.4% | −5.5% |
| Return on assets (ROA) | −0.5% | −3.5% | −0.4% | −0.4% | −1.6% | −5.0% | 11.5% | −29.7% | −36.1% | −2.7% |
| Return on tangible assets | −0.7% | −4.7% | −0.5% | −0.5% | −1.2% | −5.1% | 15.0% | −46.6% | −47.7% | −2.8% |
| Free cash flow margin | 3.7% | 0.2% | 0.6% | −6.3% | −9.7% | 51.2% | 23.3% | 91.0% | 41.0% | 32.9% |
| Income quality (OCF / net income) | — | — | — | — | — | — | 0.65 | — | — | — |
| Financial health | ||||||||||
| Total debt | $8.66B | $6.88B | $11.05B | $10.69B | $9.60B | $1.03B | $254.0M | $2.23B | $9.04B | $500.0M |
| Cash & short-term investments | $66.0M | $173.0M | $68.0M | $170.6M | $209.1M | $89.1M | $474.1M | $694.9M | $1.22B | $1.08B |
| Net debt | $8.59B | $6.71B | $10.98B | $10.52B | $9.40B | $940.2M | −$220.2M | $1.54B | $7.82B | −$579.0M |
| Debt / equity | 1.05 | 0.80 | 2.19 | 2.07 | 2.21 | 0.69 | 0.11 | — | — | 0.11 |
| Debt / assets | 0.45 | 0.37 | 0.59 | 0.58 | 0.59 | 0.37 | 0.09 | 0.48 | 0.91 | 0.03 |
| Net debt / EBITDA | 8.20 | 12.26 | 8.87 | 10.78 | 14.85 | 2.43 | −0.23 | — | — | −0.46 |
| Current ratio | 0.80 | 0.86 | 0.92 | 1.15 | 1.19 | 0.88 | 2.34 | 0.43 | 0.36 | 1.74 |
| Quick ratio | 0.71 | 0.74 | 0.79 | 1.02 | 1.05 | 0.88 | 2.34 | 0.43 | 0.36 | 1.74 |
| Interest coverage | 0.9 | 0.7 | -0.7 | -0.8 | 0.4 | 26.9 | 60.0 | -1.9 | -8.7 | -0.8 |
| Working capital | −$309.0M | −$208.0M | −$109.0M | $177.3M | $195.9M | −$42.2M | $491.8M | −$1.34B | −$2.73B | $724.0M |
| Invested capital | $16.84B | $15.34B | $16.03B | $15.69B | $13.74B | $2.44B | $2.11B | −$859.0M | $7.55B | $3.96B |
| Tangible asset value | $4.69B | $5.23B | $1.35B | $1.47B | $1.14B | $1.50B | $2.33B | −$2.40B | −$268.9M | $4.54B |
| Net current asset value | −$8.70B | −$7.68B | −$11.59B | −$11.05B | −$9.90B | −$930.8M | $309.3M | −$6.06B | −$8.69B | −$10.17B |
| Graham number | — | — | — | — | — | — | $18.88 | — | — | — |
| Graham net-net per share | −$40.05 | −$42.31 | −$57.14 | −$54.56 | −$49.05 | −$7.38 | $0.12 | −$17.62 | −$25.81 | −$31.76 |
| Capital allocation | ||||||||||
| Dividends paid | $537.0M | $234.0M | $46.0M | $180.0M | $148.4M | — | — | — | — | — |
| Share buybacks (net) | $94.0M | $102.0M | $30.0M | $8.0M | $39.6M | $6.9M | $198.3M | $694.9M | $2.2M | $1.8M |
| Dividends + buybacks / free cash flow | 321.9% | — | 253.3% | — | — | 2.6% | 103.0% | 83.2% | 0.2% | 0.1% |
| Capex / revenue | 13.9% | 12.9% | 14.3% | 16.5% | 18.6% | 0.6% | 10.7% | 5.0% | 2.3% | 1.5% |
| Capex / operating cash flow | 79.2% | 98.3% | 96.2% | 162.3% | 208.9% | 1.2% | 31.5% | 5.2% | 5.3% | 4.4% |
| Capex / depreciation | 0.83 | 0.79 | 1.01 | 1.20 | 1.14 | 0.02 | 0.64 | 0.11 | 0.08 | 0.07 |
| Stock-based compensation / revenue | 2.4% | 4.0% | 0.5% | 0.3% | 0.4% | 2.1% | 5.0% | 4.8% | 1.9% | 1.1% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 8.4% | 0.4% | 0.4% | 0.3% | 2.5% |
| SG&A / revenue | 10.7% | 10.1% | 11.1% | 8.1% | 7.8% | 11.8% | 14.2% | 25.9% | 10.3% | 5.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 58.7 | 59.4 | 63.2 | 60.3 | 36.9 | 69.1 | 74.7 | 82.5 | 43.6 | 35.2 |
| Days of inventory on hand | 13.4 | 18.3 | 16.7 | 15.8 | 20.5 | — | — | — | — | — |
| Days payables outstanding | 93.3 | 120.2 | 112.8 | 99.6 | 61.2 | — | — | — | — | — |
| Cash conversion cycle (days) | -21.3 | -42.5 | -33.0 | -23.4 | -3.8 | — | — | — | — | — |
| Receivables turnover | 6.22 | 6.14 | 5.78 | 6.05 | 9.89 | 5.28 | 4.88 | 4.43 | 8.38 | 10.38 |
| Payables turnover | 3.91 | 3.04 | 3.23 | 3.67 | 5.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 27.28 | 19.99 | 21.90 | 23.05 | 17.80 | — | — | — | — | — |
| Asset turnover | 0.28 | 0.28 | 0.29 | 0.28 | 0.39 | 0.18 | 0.22 | 0.13 | 0.22 | 0.30 |
| Average receivables | $861.0M | $869.5M | $924.4M | $814.3M | $374.2M | $98.0M | $169.3M | $207.3M | $344.1M | $479.9M |
| Average payables | $1.16B | $1.18B | $1.11B | $947.6M | $431.1M | $151.9M | $274.5M | $375.2M | $635.1M | $832.2M |
| Average inventory | $166.0M | $179.0M | $163.9M | $150.7M | $144.5M | — | — | — | — | — |
| Intangibles / total assets | 23.7% | 23.9% | 24.8% | 25.0% | 25.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from LINE's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LINE valuation and financial ratios
Lineage earned a return on equity of −1.2% and a return on invested capital of 1.2% in fiscal 2025. It ended the year with $8.7 billion of debt and $66.0 million in cash and short-term investments, net debt of $8.6 billion. It returned $631.0 million to shareholders: $537.0 million in dividends and $94.0 million in share buybacks, 322% of free cash flow. The share count fell 30.7% from 328.9M to 228.0M over 9 years.
See the LINE income statement, the LINE chart for price history, or the LINE stock overview for the latest quote and news.
LINE key metrics FAQ
What is Lineage's EV/EBITDA?
Lineage's enterprise value was 15.8 times EBITDA at the end of fiscal 2025 (enterprise value $16.6 billion, EBITDA $1.0 billion); the current EV/EBITDA is 15.0.
What is Lineage's return on equity?
Lineage's return on equity (ROE) was −1.2% in fiscal 2025: net income of -$98.0 million on average shareholders' equity of $8.4 billion.
What is Lineage's ROIC?
Lineage's return on invested capital was 1.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Lineage have?
Lineage had total debt of $8.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.05 and $8.6 billion of net debt (8.20 times EBITDA).
What is Lineage's dividend yield?
Lineage's forward dividend yield is 5.81%. Lineage paid $537.0 million in dividends in fiscal 2025 ($2.36 per share), a payout ratio of —.
Does Lineage buy back its shares?
Yes. Lineage spent $94.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +19.4% over the year, to 228.0M..
What is Lineage's free cash flow yield?
Lineage generated $196.0 million of free cash flow in fiscal 2025, a free cash flow yield of 2.5% on its market value at year-end ($8.0 billion).
What is Lineage's current ratio?
Lineage's current ratio was 0.80 at the end of fiscal 2025: current assets were 0.80 times current liabilities.