OakChart

Lindblad Expeditions Holdings Inc

LINDConsumer Cyclical·Travel Services·USA·Mid·NASD·Nov 11 • 3:50 PM ET

35.00-0.37 (-1.05%)
2026-11-11 21:50 CET
Market cap
2,322.32 USD m
Revenue, TTM
859.59 USD m
Net income, TTM
4.02 USD m
Free cash flow, TTM
107.63 USD m
EPS diluted, TTM
-0.01
P/E
-
Compare

Price

LIND against its 20, 50 and 200-day averages
2050200earnings
20.0030.0040.002.4M4.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LINDclose 35.0020-day 35.0350-day 32.02200-day 25.1535.0052w high

9.9% under the 52-week high of 38.85 on 2 Nov 2026. 52-week low 11.37 on 17 Nov 2025. Last 15 sessions, 27.1% high to low

Volume 0.47× normal · the line is the 50-bar volume average

Profile

LIND
52-week range, 86% of the way up
11.3738.85

Lindblad Expeditions Holdings, Inc. engages in the provision of expedition cruising and travel services. It operates through the Lindblad and Natural Habitat segments. The Lindblad segment primarily includes sea-based expeditions. The Natural Habitat segment offers land-based, eco-conscious expeditions. The company was founded by Sven-Olof Lindblad on August 9, 2010 and is headquartered in New York, NY.

IndexRUT
Employees1550
IPOJul 03, 2013
Beta2.28
ATR, 14d1.83
Rel volume0.47
Short float10.64%
Insider own24.99%
Inst own80.08%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap2.30B
Enterprise Value2.73B
Income4.02M
Sales859.59M
Book/sh-2.62
Cash/sh4.69
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees1550
IPOJul 03, 2013

Ratios

P/E-
Forward P/E60.20
PEG-
P/S2.67
P/B-
P/C7.46
P/FCF21.35
EV/EBITDA19.83
EV/Sales3.18
Quick Ratio0.76
Current Ratio0.76
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.01
EPS next Y0.58
EPS next Q-0.25
EPS this Y132.88%
EPS next Y180.69%
EPS next 5Y-
EPS past 3/5Y34.38% 20.78%
Sales past 3/5Y22.30% 56.41%
EPS Y/Y TTM99.88%
Sales Y/Y TTM16.72%
EPS Q/Q40488.89%
Sales Q/Q12.07%
EarningsNov 03 BMO
EPS/Sales Surpr.3.36% 2.13%

Ownership

Insider Own24.99%
Insider Trans-5.37%
Inst Own80.08%
Inst Trans7.69%
ROA0.55%
ROE-
ROIC1.17%
Gross Margin38.84%
Oper. Margin7.54%
Profit Margin0.47%
SMA20-0.07%
SMA509.31%
SMA20039.14%
Trades-

Technical

Shs Outstand65.62M
Shs Float49.25M
Short Float10.64%
Short Ratio5.93
Short Interest5.24M
52W High38.85 -9.91%
52W Low11.37 207.84%
Volatility6.69% 5.33%
ATR (14)1.83
RSI (14)52.62
Beta2.28
Rel Volume0.47
Avg Volume883.88K
Volume405,412

Performance

Perf Week4.42%
Perf Month-3.77%
Perf Quarter1.51%
Perf Half Y85.38%
Perf YTD142.72%
Perf Year187.36%
Perf 3Y470.03%
Perf 5Y106.98%
Perf 10Y276.75%
Recom1.86
Target Price36.57
Prev Close35.37
Price35.00
Change %-1.05%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 09, 2026InitiatedJJefferiesHold$29-17.1%
Mar 16, 2026InitiatedOOppenheimerOutperform$25-28.6%
Dec 30, 2025InitiatedTThe Benchmark CompanyBuy$18-48.6%
Nov 10, 2023InitiatedRB. Riley SecuritiesBuy$12-65.7%
Nov 03, 2022UpgradeWWilliam BlairMkt Perform → Outperform
Apr 22, 2022InitiatedOOppenheimerOutperform$20-42.9%
Dec 09, 2021InitiatedWWilliam BlairMkt Perform
Jul 23, 2021UpgradeCCraig HallumHold → Buy$17-51.4%
Apr 13, 2020DowngradeSSidotiBuy → Neutral
Mar 25, 2020UpgradeSSidotiNeutral → Buy$5-85.7%

Peers

Mkt cap
TickerCompanyMkt cap
NCLHNorwegian Cruise Line Holdings Ltd8.67B
VIKViking Holdings Ltd40.24B
RCLRoyal Caribbean Group89.90B
PRSUPursuit Attractions and Hospitality Inc1.51B
CCLCarnival Corp Ltd41.42B
TNLTravel+Leisure Co4.82B
TRIPTripAdvisor Inc877.22M
OSWOneSpaWorld Holdings Limited3.15B
EXPEExpedia Group Inc31.05B
BKNGBooking Holdings Inc119.07B

Insider trading

latest 14 of 77
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Lindblad Sven-OlofDirectorOct 27 '26Sale35.5294,9253,371,75210,072,474Oct 29 06:11 PM
Lindblad Sven-OlofDirectorOct 29 '26Sale36.9566,8722,470,7039,937,202Oct 29 06:11 PM
Lindblad Sven-OlofDirectorOct 28 '26Sale35.2668,4002,411,83710,004,074Oct 29 06:11 PM
Lindblad Sven-OlofDirectorOct 23 '26Sale34.2366,1602,264,43210,217,368Oct 27 04:53 PM
Lindblad Sven-OlofDirectorOct 26 '26Sale35.2549,9691,761,27110,167,399Oct 27 04:53 PM
Lindblad Sven-OlofDirectorOct 21 '26Sale36.2397,4703,531,69710,351,502Oct 22 06:32 PM
Lindblad Sven-OlofDirectorOct 20 '26Sale35.4975,5452,681,18110,448,972Oct 22 06:32 PM
Lindblad Sven-OlofDirectorOct 22 '26Sale35.6867,9742,425,59910,283,528Oct 22 06:32 PM
Lindblad Sven-OlofDirectorOct 19 '26Sale34.2983,5002,863,39910,524,517Oct 19 08:24 PM
Lindblad Sven-OlofDirectorOct 16 '26Sale34.7479,1852,751,05010,608,017Oct 19 08:24 PM
Sven-Olof LindbladFounder, Co-Chairman, 10% SharOct 16 '26Proposed Sale35.471,500,00053,205,000Oct 16 05:06 PM
Dryden L. DysonDirectorJun 04 '26Proposed Sale22.043,00066,123Jun 25 11:11 AM
BISNOW MICHAEL ELLIOTTDirectorJun 17 '26Sale24.2144,6421,080,95225,872Jun 18 04:43 PM
Michael Elliott BisnowDirectorJun 17 '26Proposed Sale23.9644,6421,069,622Jun 17 06:26 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VXFVanguard Extended Market Index ETFAUM: 30.47B
IWOiShares Russell 2000 Growth ETFAUM: 14.06B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
FYCFirst Trust Small Cap Growth AlphaDEX FundAUM: 1.35B
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B
DFMCU.S. Micro Cap Portfolio ETF Class SharesAUM: 212.10M
VCRVanguard Consumer Discretionary ETFAUM: 6.21B

News

latest 14 of 200
  • Lindblad Misses On EPS But Raises Guidance Again; Record Profit And Firmer Yields Outweigh Tax And Dilution Drag (Earnings Whispers) -10.64%
  • Lindblad Expeditions Holdings, Inc. Reports 2026 Third Quarter Financial Results (PR Newswire)
  • Lindblad's Peak Quarter Tests Whether Record Yields Can Finally Outrun Fuel Costs (Earnings Whispers)
  • LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2026 THIRD QUARTER FINANCIAL RESULTS ON NOVEMBER 3, 2026 (PR Newswire)
  • LINDBLAD EXPEDITIONS HOLDINGS, INC. EXPANDS PORTFOLIO WITH THE ACQUISITION OF WHITE DESERT ANTARCTICA AND ECHO CHARLIE TO CREATE A LEADING FORCE IN EXPERIENTIAL TRAVEL (PR Newswire)
  • Lindblad Expeditions Holdings Inc (LIND) (Q2 2026) Earnings Call Highlights: Record Yields and ... (GuruFocus.com) +11.97%
  • Lindblad Expeditions Tops Second-Quarter Estimates as Revenue Climbs 19% (InvestorsHub)
  • Lindblad Expeditions Holdings, Inc. Reports 2026 Second Quarter Financial Results (PR Newswire)
  • LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2026 SECOND QUARTER FINANCIAL RESULTS ON AUGUST 3, 2026 (PR Newswire)
  • RCL Stock: Collect 13% Now, In Exchange For 19% Of Upside (Trefis)
  • Lindblad Expeditions Holdings, Inc. Reports 2026 First Quarter Financial Results (PR Newswire) +14.74%
  • National Geographic Society and Lindblad Expeditions Celebrate 20 Years of the Grosvenor Teacher Fellowship (PR Newswire)
  • LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2026 FIRST QUARTER FINANCIAL RESULTS ON MAY 5, 2026 (PR Newswire)
  • Lindblad Expeditions Q4 Earnings Call Highlights (MarketBeat)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-030.3600.3480.360269.15263.546
2026Q22026-08-03-0.020-0.104-0.022199.25185.865
2026Q12026-05-050.0900.0160.100208.01197.245
2025Q42026-02-26-0.450-0.323-0.449183.18167.875
2025Q32025-11-040.0000.193-0.001240.17230.324
2025Q22025-08-04-0.180-0.269-0.178167.95158.834
2025Q12025-05-060.000-0.070-0.001179.72151.272
2024Q42025-02-27-0.480-0.260-0.483148.61131.683
2024Q32024-11-050.3600.1860.341206.01193.734
2024Q22024-08-08-0.480-0.248-0.483136.5136.124
2024Q12024-04-30-0.100-0.045-0.096153.61149.714
2023Q42024-02-28-0.530-0.283-0.535125.36127.24
2023Q32023-11-020.0800.0400.085175.99169.363
2023Q22023-07-27-0.480-0.325-0.480124.8114.872
2023Q12023-05-03-0.010-0.199-0.008143.4127.854
2022Q42023-02-28-0.630-0.460-0.626117.9694.275

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY-0.1900.070-0.190266.5267.8
2018FY0.2400.2370.245309.73311.46
2019FY0.2800.2920.277343.09343.95
2020FY-2.010-1.963-2.02082.3682.49
2021FY-2.410-2.368-2.488147.11140.64
2022FY-2.230-2.052-2.231421.5397.82
2023FY-0.940-0.671-0.939569.54571.39
2024FY-0.670-0.408-0.666644.73627.79
2025FY-0.630-0.490-0.630771.02755.69
2026FY-0.207--877.8
2027FY-0.581--967.55
2028FY-0.900--1,032

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-03760201.4187.7212
2026Q4S2026-10-17750198.58186.4211.99
2026Q4S2026-10-07761198.58186.4211.99
2026Q4S2026-09-24761198.72186.4211.99
2026Q4S2026-09-18761198.72186.4211.99
2026Q4S2026-09-15752197.96186.4211.99
2026Q4S2026-09-14734193.19186.4208.81
2026Q4S2026-09-08715190.13186.4196.21
2026Q4S2026-08-04615189.12186.4192.2
2026Q4S2026-08-03614190.59186.4201.04
2026Q4S2026-07-23610193.48185.2201.04
2026Q4S2026-07-19510191.97185.2195.4
2026Q4S2026-07-09511191.97185.2195.4
2026Q4S2026-05-12611192.63185.2201.31

Estimate history

EPS, annual-0.190.2450.277-2.02-2.488-2.231-0.939-0.666-0.63-0.007
Period201720182019202020212022202320242025TTM
EPS, quarterly0.341-0.483-0.001-0.178-0.001-0.4490.1-0.0220.364
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual266.504309.734343.09182.356147.107421.5569.543644.727771.019859.59
Period201720182019202020212022202320242025TTM
Sales, quarterly206.005148.609179.721167.945240.172183.181208.013199.247269.151
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual44.78845.44349.62649.81950.75653.1153.33254.37655.32365.62
Period201720182019202020212022202320242025MRQ
Shares, quarterly54.36454.37654.56854.60155.29455.32365.45365.51565.62
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue859.59771.02644.73569.54421.50147.1182.36343.09309.73
Cost of Goods Sold Incl. D&A525.72480.84396.24369.09327.26164.01105.02192.38174.51
Gross Profit333.87290.18248.49200.4694.24-16.90-22.66150.71135.22
Selling, General and Administrative Excl. Other269.06244.69226.94189.86157.2992.9365.74117.52108.89
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income64.8145.4921.5510.60-63.05-109.83-88.4033.2026.34
Interest Expense41.9945.2345.7444.3337.4924.5816.6912.2910.83
Unusual Expense0.0023.490.00-0.070.00-12.000.000.001.00
Net Income Before Taxes20.62-21.75-25.09-37.73-102.08-121.19-109.9420.9412.17
Income Taxes10.662.483.103.156.08-2.02-9.802.190.62
Consolidated Net Income9.95-24.23-28.20-40.88-108.16-119.17-100.1418.7511.55
Net Income From Continuing Operations5.78-29.72-31.18-45.61-111.38-119.21-98.7416.3511.35
Net Income4.02-34.65-35.82-49.98-116.05-124.67-100.4413.7011.35
EPS (Recurring)0.06-0.33-0.67-0.94-2.23-2.66-2.020.280.26
EPS (Basic, Before Extraordinaries)-0.00-0.63-0.67-0.94-2.23-2.49-2.020.290.25
EPS (Diluted)-0.01-0.63-0.67-0.94-2.23-2.49-2.020.280.24
EBITDA137.77110.0475.0158.12-18.40-70.28-56.2759.0647.11
Non-Operating Income (Expense)-2.211.49-0.91-4.07-1.541.22-4.860.03-2.34
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense3.3110.637.7710.975.523.961.742.614.20
Price To Earnings Ratio-------56.4655.30
Price To Sales Ratio2.441.030.991.050.955.3110.342.362.01
Gross Margin38.8437.6438.5435.2022.36-11.49-27.5143.9343.66
Operating Margin7.545.903.341.86-14.96-74.66-107.349.688.50
Net Margin0.47-4.49-5.56-8.78-27.53-84.74-121.963.993.67
Shares Outstanding65.6255.3254.3853.3353.1150.7649.8249.6345.44
Market Capitalization2,322.322,322.32646.42601.69409.19783.12853.86810.96616.67

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue269.15199.25208.01183.18240.17167.94179.72148.61
Cost of Goods Sold Incl. D&A152.88121.10124.42127.33139.30106.06108.1496.12
Gross Profit116.2878.1583.6055.85100.8761.8871.5852.49
Selling, General and Administrative Excl. Other73.5266.1967.9861.3664.9057.4760.9660.06
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income42.7511.9515.62-5.5135.974.4110.61-7.57
Interest Expense10.1910.4910.5810.7311.2611.6211.6311.60
Unusual Expense0.000.000.000.0023.490.000.000.00
Net Income Before Taxes31.561.104.83-16.862.01-6.42-0.47-20.04
Income Taxes4.471.44-1.235.98-2.560.55-1.495.15
Consolidated Net Income27.09-0.346.05-22.844.57-6.971.01-25.19
Net Income From Continuing Operations24.24-1.416.50-23.551.19-8.521.16-25.05
Net Income24.24-1.416.00-24.81-0.05-9.74-0.04-26.23
EPS (Recurring)0.36-0.020.10-0.450.30-0.18-0.00-0.48
EPS (Basic, Before Extraordinaries)0.37-0.020.10-0.45-0.00-0.18-0.00-0.48
EPS (Diluted)0.36-0.020.10-0.45-0.00-0.18-0.00-0.48
EBITDA60.1531.1534.0512.4251.2819.5126.357.30
Non-Operating Income (Expense)-1.00-0.36-0.21-0.630.790.790.54-0.87
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1.221.531.38-0.814.244.262.941.95
Price To Sales Ratio2.442.231.301.030.970.910.751.00
Gross Margin43.2039.2240.1930.4942.0036.8539.8335.32
Operating Margin15.886.007.51-3.0114.982.625.91-5.09
Net Margin9.01-0.712.89-13.55-0.02-5.80-0.02-17.65
Shares Outstanding65.6265.5265.4555.3255.2954.6054.5754.38
Market Capitalization2,322.321,851.731,128.86798.88701.30638.44506.02646.42

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments289.74216.14187.34129.62172.69204.51109.26122.15103.50
Short Term Receivables0.000.000.000.000.000.000.000.000.00
Inventories0.000.005.4411.9310.557.648.336.776.84
Other Current Assets78.1462.2951.7241.7827.0917.0129.0521.2621.35
Total Current Assets367.88278.43244.50183.32210.34229.17146.64150.18131.69
Net Property, Plant & Equipment522.12518.39526.00543.75546.82487.75363.89285.98250.95
Total Investments and Advances0.000.000.000.000.000.000.000.000.00
Long-Term Note Receivable----3.964.22---
Intangible Assets77.2174.9551.4353.2455.2526.9228.5030.0831.66
Deferred Tax Assets3.100.901.602.177.615.540.22-0.00
Other Assets9.654.237.765.503.513.849.407.1710.05
Total Assets979.96876.90831.30787.98827.49757.45548.66473.41424.35
Short Term Debt Incl. Current Port. of LT Debt1.151.871.9725.0027.6112.735.862.001.75
Accounts Payable22.2313.8616.1516.609.695.2914.639.337.79
Income Tax Payable----0.000.000.600.581.67
Other Current Liabilities438.21376.72301.10299.52252.16137.79161.82147.53133.20
Total Current Liabilities461.59392.45319.22341.12289.46155.81182.92159.43144.41
Long Term Debt662.67625.42621.78532.41521.84475.27218.57188.09164.19
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities2.223.542.12---4.492.792.44
Other Liabilities6.971.021.940.090.250.093.320.550.68
Total Liabilities1,133.461,022.44945.06873.62811.55631.17409.30350.86311.72
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value83.0878.1673.5169.1483.9083.830.000.000.00
Common Equity-284.53-253.11-225.06-182.68-78.5834.96123.25116.04106.32
Total Shareholders Equity-201.45-174.96-151.55-113.535.32118.78123.25116.04106.32
Accumulated Minority Interest47.9529.4237.7827.8910.637.4916.116.506.30
Total Equity-153.50-145.53-113.77-85.6515.94126.28139.36122.55112.62
Total Liabilities & Stockholders Equity979.96876.90831.30787.98827.49757.45548.66473.41424.35
Book Value Per Share-5.14-4.65-4.22-3.44-1.550.702.482.552.37
Tangible Book Value Per Share-6.54-6.03-5.18-4.44-2.640.161.911.891.67
Full-Time Employees1,5501,300950890720415650600528
Price to Book Ratio-13.52-2.84-3.03-2.64-10.0824.406.585.273.54
Return on Assets-3.20-3.65-5.63-13.79-15.04-15.123.202.53-2.08
Return on Equity-----192.11-81.5913.6710.21-7.87
Return on Invested Capital-6.44-6.92-9.70-26.59-22.61-16.624.783.73-3.20
Quick Ratio0.800.710.750.500.691.420.760.900.86
Current Ratio0.800.710.770.540.731.470.800.940.91

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income9.95-24.23-28.20-40.88-108.16-119.17-100.1418.7511.55
Depreciation73.4364.5653.4547.5244.6539.5532.1325.8620.77
Other Funds (Non Cash)19.8822.8214.5820.3619.7510.0310.148.2611.88
Funds from Operations103.9161.8941.8929.73-38.28-70.42-67.6754.3644.55
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital33.5249.6950.45-4.2936.08102.92-24.588.2211.81
Cash from Operating Activities137.43111.5892.3325.44-2.2032.49-92.2662.5856.36
Capital Expenditures-29.80-47.74-33.52-29.96-38.20-96.69-155.48-96.00-54.34
Net Assets From Acquisitions-76.53-19.52-27.280.000.00-18.040.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.00-
Purchase or Sale of Investments0.000.000.0015.16-15.000.000.000.000.00
Purchase of Investments-0.000.000.00-15.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.0015.160.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.00-4.080.00
Other Sources0.000.000.000.003.610.000.000.000.00
Cash from Investing Activities-106.32-67.27-60.80-14.80-49.59-114.72-155.48-100.08-54.34
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock10.864.260.000.000.000.0084.870.29-0.85
Repurchase of Common Pref Stock0.000.000.000.000.000.00-0.13-0.02-0.85
Sale of Common Pref Stock10.864.260.000.000.000.0085.000.310.00
Proceedsfrom Stock Options0.000.000.000.000.000.0085.000.000.00
Issuance or Reduction of Debt, Net-13.2126.77-0.0561.81-3.8152.63258.5226.1021.89
Change in Long Term Debt-13.2126.77-0.0561.81-3.8152.63258.5226.1021.89
Issuance of Long Term Debt-13.20661.810.00267.51349.1358.59261.3728.10193.51
Reduction of Long Term Debt-0.01-635.04-0.05-205.70-352.94-5.96-2.84-2.00-171.62
Net Financing Active Other Cash Flow-10.69-1.47-2.97-1.13-1.06-2.22-0.41-1.79-4.51
Other Financing Activities Uses-7.62-1.47-2.97-1.13-1.06-2.22-0.41-1.79-4.51
Cash from Financing Activities-13.0429.56-3.0260.68-4.8750.41342.9924.6116.52
Exchange Rate Effect-0.02-0.290.29---0.000.000.12
Net Change in Cash18.0573.5928.8071.32-56.67-31.8295.26-12.8918.65
Free Cash Flow107.6363.8458.81-4.52-40.41-64.19-247.74-33.422.01
Preferred Dividends (Cash Flow)--------0.00
Price to Free Cash Flow19.4712.4210.85-----310.01
Deferred Taxes & Investment Tax Credit--1.262.052.725.48-0.83-9.811.490.34

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments308.17364.90321.08289.74290.12247.33
Short Term Receivables0.000.000.000.000.000.00
Inventories0.000.000.000.000.000.00
Other Current Assets89.6577.8363.6778.1473.6675.19
Total Current Assets397.82442.74384.75367.88363.79322.52
Net Property, Plant & Equipment508.24502.24511.76522.12527.61533.14
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets201.9976.1576.6477.2178.5173.88
Deferred Tax Assets---3.10--
Other Assets17.4712.8914.039.656.636.99
Total Assets1,125.521,034.02987.18979.96976.53936.52
Short Term Debt Incl. Current Port. of LT Debt0.001.691.491.150.831.13
Accounts Payable24.0615.0424.9822.2320.659.83
Other Current Liabilities498.66508.09446.65438.21417.12439.11
Total Current Liabilities522.72524.83473.12461.59438.61450.08
Long Term Debt664.52663.87663.22662.67663.44627.27
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities-0.850.232.222.542.39
Other Liabilities32.406.937.456.970.740.82
Total Liabilities1,219.631,196.491,144.011,133.461,105.341,080.57
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.0083.0881.8280.58
Common Equity-171.72-195.84-190.12-284.53-256.59-263.81
Total Shareholders Equity-171.72-195.84-190.12-201.45-174.77-183.23
Accumulated Minority Interest77.6133.3733.3047.9545.9739.19
Total Equity-94.11-162.47-156.83-153.50-128.80-144.04
Total Liabilities & Stockholders Equity1,125.521,034.02987.18979.96976.53936.52
Book Value Per Share-2.62-2.99-2.90-5.14-4.64-4.83
Tangible Book Value Per Share-5.70-4.15-4.08-6.54-6.06-6.18
Full-Time Employees---1,550--
Price to Book Ratio-13.52-9.72-3.36-3.11-2.65-2.52
Return on Assets0.55-1.75-2.57-3.20-3.35-1.10
Return on Invested Capital4.92-0.301.37-5.110.24-1.92
Quick Ratio0.760.840.810.800.830.72
Current Ratio0.760.840.810.800.830.72

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income27.09-0.346.05-22.844.58-6.97
Depreciation17.3919.2018.4418.4015.3115.10
Other Funds (Non Cash)3.072.952.5611.301.865.56
Funds from Operations49.8422.4325.056.5821.9013.95
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-47.0536.6224.3019.64-14.1515.26
Cash from Operating Activities2.8059.0549.3626.227.7529.21
Capital Expenditures-3.94-8.00-6.89-10.97-7.62-15.74
Net Assets From Acquisitions-54.60-3.17-16.59-2.16-1.780.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments-0.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-58.55-11.17-23.47-13.13-9.40-15.74
Cash Dividends Paid0.000.000.000.000.000.00
Change in Capital Stock0.000.006.604.260.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.006.604.260.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.00-0.00-13.2140.00-0.01
Change in Long Term Debt0.000.00-0.00-13.2140.00-0.01
Issuance of Long Term Debt0.000.000.00-13.20675.010.00
Reduction of Long Term Debt0.000.00-0.00-0.01-635.01-0.01
Net Financing Active Other Cash Flow-0.96-4.06-1.14-4.534.44-1.06
Other Financing Activities Uses-0.96-4.06-1.14-1.471.38-1.06
Cash from Financing Activities-0.96-4.065.46-13.4844.44-1.07
Exchange Rate Effect-0.020.000.000.000.00-0.29
Net Change in Cash-56.7343.8231.34-0.3942.8012.10
Free Cash Flow-1.1551.0542.4715.250.1313.47
Price to Free Cash Flow19.4716.9814.6112.4917.6110.87

Revenue breakdown

Guest Ticket2024: 583.60M 2025: 690.28M
Other Tour2024: 61.13M 2025: 80.74M
United States2024: 644.73M 2025: 771.02M
Land-experience2024: 221.42M 2025: 275.38M
Lindblad2024: 423.31M 2025: 495.64M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3010.64%5.2M49.3M872.42K
2026-10-1511.82%5.8M49.2M877.30K
2026-09-3012.13%6.0M49.2M836.44K
2026-09-1510.67%5.3M49.2M916.00K
2026-08-3110.83%5.3M49.2M881.08K
2026-08-1411.54%5.7M49.2M885.68K
2026-07-3111.84%5.8M49.2M888.29K
2026-07-1511.70%5.8M49.2M859.66K
2026-06-3011.37%5.6M49.2M835.08K
2026-06-1510.99%5.4M49.2M721.43K
2026-05-298.79%4.3M49.0M744.84K
2026-05-1510.20%5.0M49.0M763.20K
2026-04-309.98%4.9M48.9M768.23K
2026-04-158.90%4.3M48.8M789.08K
2026-03-318.41%3.9M45.8M824.25K
2026-03-139.63%4.4M45.8M744.70K
2026-02-278.54%3.9M45.8M669.91K
2026-02-1315.39%6.0M38.9M584.60K
2026-01-3013.34%5.2M38.9M500.70K
2026-01-1512.16%4.6M38.1M434.25K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call15.0019.0022.000.006.0150.000.000.939-0.1710.007
call17.5016.1019.500.005.1200.000.000.927-0.1680.008
call20.0013.6017.000.004.3570.000.000.912-0.1620.009
call22.5011.1014.500.003.6860.000.000.895-0.1540.010
call25.009.4012.000.003.0820.000.000.873-0.1450.011
call30.003.806.405.011.64430.000.000.801-0.1180.015
call35.000.951.151.050.5091,5365050.532-0.0940.022
call40.000.001.052.601.2404180.000.277-0.1290.018
call45.000.000.950.101.6928.000.000.206-0.1490.016
call50.000.000.750.001.9500.000.000.154-0.1430.013
put15.000.000.950.004.5760.000.00-0.061-0.1700.007
put17.500.000.950.003.8620.000.00-0.073-0.1650.008
put20.000.000.950.003.2570.000.00-0.088-0.1590.009
put22.500.000.950.002.7180.000.00-0.105-0.1510.010
put25.000.000.950.002.2250.000.00-0.127-0.1410.011
put30.000.000.900.001.3430.000.00-0.199-0.1150.015
put35.000.002.100.900.97515.000.00-0.473-0.0900.022
put40.003.805.604.670.9962.000.00-0.723-0.1240.018
put45.008.1011.400.001.9840.000.00-0.794-0.1440.016
put50.0013.1016.000.002.1670.000.00-0.846-0.1370.013

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-05SCHEDULE 13G/ASEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-038-KCurrent report2026-11-03SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-274Statement of changes in beneficial ownership of securities2026-10-23SEC
2026-10-224Statement of changes in beneficial ownership of securities2026-10-20SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-16SEC
2026-10-16144Filing for proposed sale of securities under Rule 144.SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-158-KCurrent report2026-09-14SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-124Statement of changes in beneficial ownership of securities2026-07-17SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-038-KCurrent report2026-08-03SEC
2026-07-29SCHEDULE 13GSEC
2026-07-08SCHEDULE 13G/ASEC
2026-06-25144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100026.53M10
2026-090000
2026-080000
2026-070000
2026-06001.96M2
2026-05002.10M7
2026-040000
2026-03001.12M2
2026-020012.25M6
2026-010017.32M15
2025-1200242.17K1
2025-110000

Institutional holders

Manager% owned
FMR LLC12.17%
BlackRock, Inc.6.62%
ARIEL INVESTMENTS, LLC4.21%
VANGUARD CAPITAL MANAGEMENT LLC3.25%
GOLDMAN SACHS GROUP INC2.70%
DRIEHAUS CAPITAL MANAGEMENT LLC2.24%
Select Equity Group, L.P.2.22%
GEODE CAPITAL MANAGEMENT, LLC2.20%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.95%
LORD, ABBETT & CO. LLC1.94%

Funds

Fund% owned
High Yield Fund3.11%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.38%
iShares Russell 2000 ETF1.99%
Invesco Discovery Fund1.24%
High Income Fund1.14%
Calamos Timpani Small Cap Growth Fund0.98%
LORD ABBETT DEVELOPING GROWTH FUND INC0.86%
VANGUARD EXTENDED MARKET INDEX FUND0.79%
SmallCap Fund0.77%
Loomis Sayles Small Cap Growth Fund0.73%

OakChart. LIND. Cached 15 minutes.