LINELineage, Inc.
Real Estate Investment Trusts
- Revenue
- $5.4B
- 0.3% YoY
- Operating margin
- 3.4%
- 150% YoY
- EBITDA
- $1.1B
- 109% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.6×
- $6.0B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear66% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear18% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.3B | $5.3B | $5.4B | 0.3% |
| Operating income | $297M | $398M | −$361M | $181M | 150% |
| Net income | −$63M | −$77M | −$751M | −$113M | 85% |
| Operating cash flow | $501M | $796M | $703M | $943M | 34% |
| Capex | $813M | $766M | $691M | $747M | 8.1% |
| Stock-based comp | $17M | $26M | $215M | $126M | 41% |
| Buybacks | $0 | $12M | $42M | $82M | 95% |
| Dividends | $180M | $46M | $234M | $537M | 129% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $20M | −$10M | 45 | 106 |
| FY2024 | $69M | $45M | 72 | 103 |