LINE - Lineage, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$38.29
DETAILS
HIGH:
$41.00
LOW:
$35.00
MEDIAN:
$39.00
CONSENSUS:
$38.29
DOWNSIDE:
6.34%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | 5,355 | 5,340 | 5,342 | 4,928 | 3,702 |
| Cost of Revenue | 4,529 | 3,578 | 3,590 | 3,473 | 2,571.4 |
| Gross Profit | 826 | 1,762 | 1,752 | 1,455 | 1,130.6 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 574 | 539 | 502 | 399 | 289.3 |
| Other Expenses | 0 | 862 | 1,648 | 1,353 | 753.6 |
| Operating Expenses | 574 | 1,401 | 2,150 | 1,752 | 1,042.9 |
| Operating Income | |||||
| Operating Income | 252 | 361 | (398) | (297) | 87.7 |
| Interest Expense | 268 | 539 | 588 | 388.1 | 235 |
| Interest Income | 8 | 12 | 6 | 3.2 | 3.7 |
| Profitability | |||||
| EBITDA | 1,048 | 547 | 1,238 | 976 | 632.9 |
| EBIT | 153 | (329) | 478 | 298 | 29.2 |
| Income Before Tax | (115) | (840) | (110) | (70) | (205.8) |
| Income Tax Expense | (2) | (89) | (14) | 6 | (29.3) |
| Net Income | (98) | (664) | (77) | (63) | (153.3) |
| Per Share Data | |||||
| EPS (Basic) | -0.43 | -3.70 | -0.37 | -0.30 | -0.73 |
| EPS (Diluted) | -0.43 | -3.70 | -0.37 | -0.30 | -0.73 |
| Shares Outstanding | 228 | 191 | 210.2 | 210.8 | 210.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 66 | 173 | 68 | 170.6 | 209.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 896 | 826 | 913 | 935.7 | 692.9 |
| Inventory | 145 | 187 | 171 | 156.8 | 144.5 |
| Other Current Assets | 132 | 41 | 42 | 52.7 | 49.3 |
| Total Current Assets | 1,239 | 1,285 | 1,256 | 1,399 | 1,242.7 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 13,055 | 12,508 | 12,538 | 12,066.5 | 10,789.2 |
| Goodwill | 3,466 | 3,338 | 3,394 | 3,304.9 | 2,842.2 |
| Intangible Assets | 1,090 | 1,127 | 1,280 | 1,331.4 | 1,296.4 |
| Long-Term Investments | 131 | 124 | 113 | 83.9 | 72.2 |
| Other Non-Current Assets | 204 | 279 | 290 | 371.7 | 175.8 |
| Total Non-Current Assets | 17,946 | 17,376 | 17,615 | 17,158.4 | 15,175.8 |
| Total Assets | 19,185 | 18,661 | 18,871 | 18,557.4 | 16,418.5 |
| Current Liabilities | |||||
| Account Payables | 1,096 | 1,220 | 1,137 | 1,082.8 | 812.4 |
| Short-Term Debt | 136 | 56 | 24 | 36.4 | 19.5 |
| Deferred Revenue | 81 | 83 | 94 | 91.8 | 67.2 |
| Other Current Liabilities | 101 | (12) | (109.9) | 0 | 0 |
| Total Current Liabilities | 1,548 | 1,493 | 1,365 | 1,221.7 | 1,046.8 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 6,706 | 4,906 | 8,958 | 8,697.4 | 7,567.3 |
| Deferred Tax Liabilities | 303 | 304 | 370 | 413.5 | 384.3 |
| Other Non-Current Liabilities | (430) | 348 | 89 | 163.3 | 125.3 |
| Total Non-Current Liabilities | 8,394 | 7,474 | 11,484 | 11,230 | 10,095 |
| Total Liabilities | 9,942 | 8,967 | 12,849 | 12,451.7 | 11,141.8 |
| Stockholders' Equity | |||||
| Common Stock | 2 | 2 | 2 | 1.6 | 1.5 |
| Retained Earnings | (2,439) | (1,855) | (879) | (712.8) | (667) |
| Accumulated Other Comprehensive Income | (97) | (273) | (34) | (37.4) | 9.5 |
| Total Stockholders' Equity | 8,246 | 8,638 | 5,051 | 5,167 | 4,339.6 |
| Total Liabilities & Equity | 19,185 | 18,661 | 18,871 | 18,557.4 | 16,418.5 |
| Debt Metrics | |||||
| Total Debt | 8,657 | 6,878 | 11,049 | 10,689.6 | 9,604.9 |
| Net Debt | 8,591 | 6,705 | 10,981 | 10,519 | 9,395.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | (100) | (751) | (96) | (76) | (176.5) |
| Depreciation & Amortization | 895 | 876 | 760 | 678 | 603.7 |
| Stock-Based Compensation | 126 | 215 | 26 | 17 | 14.6 |
| Change in Working Capital | (11) | (55) | 102 | (125) | (120.3) |
| Other Non-Cash Items | 49 | 523 | 62 | 49 | 77.4 |
| Operating Cash Flow | 943 | 703 | 796 | 501 | 329.9 |
| Investing Activities | |||||
| Capital Expenditure | (747) | (691) | (766) | (813) | (689.1) |
| Acquisitions | (443) | (343) | (283) | (1,547) | (2,414.1) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 123 | 115 | (17) | (9) | (310.3) |
| Investing Cash Flow | (1,067) | (919) | (1,066) | (2,369) | (3,413.5) |
| Financing Activities | |||||
| Net Debt Issuance | 841 | (4,031) | 119 | 1,156 | 1,199.5 |
| Stock Repurchased | (94) | (102) | (30) | (8) | (39.6) |
| Dividends Paid | (537) | (234) | (46) | (180) | (148.4) |
| Other Financing Activities | (183) | (192) | (49) | (70) | (106.7) |
| Financing Cash Flow | 14 | 320 | 136 | 1,840 | 3,027.4 |
| Cash Position | |||||
| Net Change in Cash | (109) | 104 | (131) | (38) | (63.2) |
| Cash at Beginning | 175 | 71 | 202 | 240 | 303.3 |
| Cash at End | 66 | 175 | 71 | 202 | 240.1 |
| Free Cash Flow | 196 | 12 | 30 | (312) | (359.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 5,355 | 5,340 | 5,342 | 4,928 | 3,702 |
| Gross Profit | 826 | 1,762 | 1,752 | 1,455 | 1,130.6 |
| Operating Income | 252 | 361 | (398) | (297) | 87.7 |
| Net Income | (98) | (664) | (77) | (63) | (153.3) |
| EPS (Diluted) | -0.43 | -3.70 | -0.37 | -0.30 | -0.73 |
| Balance Sheet | |||||
| Cash & Equivalents | 66 | 173 | 68 | 170.6 | 209.1 |
| Total Assets | 19,185 | 18,661 | 18,871 | 18,557.4 | 16,418.5 |
| Total Debt | 8,657 | 6,878 | 11,049 | 10,689.6 | 9,604.9 |
| Stockholders' Equity | 8,246 | 8,638 | 5,051 | 5,167 | 4,339.6 |
| Cash Flow | |||||
| Operating Cash Flow | 943 | 703 | 796 | 501 | 329.9 |
| Capital Expenditure | (747) | (691) | (766) | (813) | (689.1) |
| Free Cash Flow | 196 | 12 | 30 | (312) | (359.2) |