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Lineage, Inc. logo

Lineage, Inc.

LINE

NASDAQReal EstateREIT - Industrial

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Latest quote

$41.62

+$0.15 · +0.36%

Aug 21, 3:55 PM ET

LINE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

55

Neutral

Sentiment

42

Mixed

Risk resilience

68

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Lineage, Inc. operates as a real estate investment trust (REIT) primarily focused on temperature-controlled warehouse properties. Its business activities are organized into two main divisions: Global Warehousing and Global Integrated Solutions. The Global Warehousing segment manages a portfolio of industrial real estate assets that provide refrigerated and frozen storage services to its customers. The Global Integrated Solutions segment, in contrast, specializes in delivering tailored cold-chain logistics services. This company was established in 2008 and has its corporate headquarters situated in Novi, Michigan.

Industry
REIT - Industrial
Sector
Real Estate
Headquarters
US
CEO
W. Gregory Lehmkuhl
Listed since
Jul 25, 2024
Employees
24,000

Market position

Volume
387.71K
0.39× average
Average volume
993.75K
Average daily volume
Market cap
9.47B USD
Beta
0.9
Market reference 1

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%19%1%-17%Gross margin, FY2021: 30.54%Gross margin, FY2022: 29.53%Gross margin, FY2023: 32.80%Gross margin, FY2024: 33.00%Gross margin, FY2025: 15.42%Operating margin, FY2021: 2.37%Operating margin, FY2022: -6.03%Operating margin, FY2023: -7.45%Operating margin, FY2024: 6.76%Operating margin, FY2025: 4.71%Net margin, FY2021: -4.14%Net margin, FY2022: -1.28%Net margin, FY2023: -1.44%Net margin, FY2024: -12.43%Net margin, FY2025: -1.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.54%. Gross margin FY2022 29.53%. Gross margin FY2023 32.80%. Gross margin FY2024 33.00%. Gross margin FY2025 15.42%. Operating margin FY2021 2.37%. Operating margin FY2022 -6.03%. Operating margin FY2023 -7.45%. Operating margin FY2024 6.76%. Operating margin FY2025 4.71%. Net margin FY2021 -4.14%. Net margin FY2022 -1.28%. Net margin FY2023 -1.44%. Net margin FY2024 -12.43%. Net margin FY2025 -1.83%.

Income trends

Revenue

5.36B USD+0.28%

Operating income

252M USD-30.19%

Net income

−98M USD+85.24%
Income trends across reported periods5.96B USD3.55B USD1.14B USD−1.27B USDRevenue, FY2021: 3.7B USDRevenue, FY2022: 4.93B USDRevenue, FY2023: 5.34B USDRevenue, FY2024: 5.34B USDRevenue, FY2025: 5.36B USDOperating income, FY2021: 87.7M USDOperating income, FY2022: −297M USDOperating income, FY2023: −398M USDOperating income, FY2024: 361M USDOperating income, FY2025: 252M USDNet income, FY2021: −153.3M USDNet income, FY2022: −63M USDNet income, FY2023: −77M USDNet income, FY2024: −664M USDNet income, FY2025: −98M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.7B USD. Revenue FY2022 4.93B USD. Revenue FY2023 5.34B USD. Revenue FY2024 5.34B USD. Revenue FY2025 5.36B USD. Operating income FY2021 87.7M USD. Operating income FY2022 −297M USD. Operating income FY2023 −398M USD. Operating income FY2024 361M USD. Operating income FY2025 252M USD. Net income FY2021 −153.3M USD. Net income FY2022 −63M USD. Net income FY2023 −77M USD. Net income FY2024 −664M USD. Net income FY2025 −98M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.36B USD5.34B USD5.34B USD4.93B USD3.7B USD
Cost of goods sold4.53B USD3.58B USD3.59B USD3.47B USD2.57B USD
Gross profit826M USD1.76B USD1.75B USD1.46B USD1.13B USD
Selling, general, and administrative574M USD539M USD502M USD399M USD289.3M USD
Operating expenses574M USD1.4B USD2.15B USD1.75B USD1.04B USD
Interest income8M USD12M USD6M USD3.2M USD3.7M USD
Interest expense268M USD539M USD588M USD388.1M USD235M USD
Depreciation and amortization895M USD876M USD760M USD678M USD603.7M USD
Operating income252M USD361M USD−398M USD−297M USD87.7M USD
Net income−98M USD−664M USD−77M USD−63M USD−153.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
33%
3 beats, 6 misses, 0 met estimates
Average EPS surprise
-57.22%
9 comparable reports
Latest EPS result
-0.13
Estimate -0.22 · Beat by 40.03%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.920.43-0.05-0.54Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.33, estimate 0.71, surprise -146.48%, Miss. Q2 2025, reported Apr 30, 2025: actual 0.01, estimate 0.82, surprise -98.78%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.03, estimate 0.75, surprise -104.00%, Miss. Q4 2025, reported Nov 5, 2025: actual -0.44, estimate 0.78, surprise -156.41%, Miss. Q1 2026, reported Feb 25, 2026: actual 0.03, estimate -0.082, surprise +136.65%, Beat. Q2 2026, reported May 6, 2026: actual -0.18, estimate -0.225, surprise +20.08%, Beat. Q3 2026, reported Aug 5, 2026: actual -0.13, estimate -0.217, surprise +40.03%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.201, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.45B1.38B1.31B1.24BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 1.34B USD, estimate 1.34B USD, surprise -0.31%, Miss. Q2 2025, reported Apr 30, 2025: actual 1.29B USD, estimate 1.34B USD, surprise -3.23%, Miss. Q3 2025, reported Aug 6, 2025: actual 1.35B USD, estimate 1.4B USD, surprise -3.33%, Miss. Q4 2025, reported Nov 5, 2025: actual 1.38B USD, estimate 1.38B USD, surprise -0.08%, Miss. Q1 2026, reported Feb 25, 2026: actual 1.34B USD, estimate 1.38B USD, surprise -3.05%, Miss. Q2 2026, reported May 6, 2026: actual 1.3B USD, estimate 1.31B USD, surprise -1.25%, Miss. Q3 2026, reported Aug 5, 2026: actual 1.36B USD, estimate 1.35B USD, surprise +0.46%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.37B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

16 ratings
Strong buy00%
Buy425%
Hold956%
Sell319%
Strong sell00%

Recent analyst actions

12 institutions

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 30, 2026

$0.5325

Quarterly

Record Jun 30, 2026 · Payment Jul 21, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.5325

Quarterly

Record Mar 31, 2026 · Payment Apr 21, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.5275

Quarterly

Record Dec 31, 2025 · Payment Jan 21, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.5275

Quarterly

Record Sep 30, 2025 · Payment Oct 21, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.5275

Quarterly

Record Jun 30, 2025 · Payment Jul 21, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.5275

Quarterly

Record Mar 31, 2025 · Payment Apr 21, 2025

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ETFs holding LINE

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
109.81M
Weight
0.15%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
92.58M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
66.53M
Weight
0.04%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
42.25M
Weight
0.06%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
27.75M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
WisdomTree U.S. Value Fund logoWisdomTree U.S. Value FundWTV
Market value
23.14M
Weight
0.82%
AUM
3.3B USD
Expense ratio
0.12%
Price / 1D
$108.29+0.74%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
18.63M
Weight
0.16%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%
iShares Russell Mid-Cap ETF logoiShares Russell Mid-Cap ETFIWR
Market value
11.63M
Weight
0.02%
AUM
57.66B USD
Expense ratio
0.18%
Price / 1D
$113.44+0.70%

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