vs
Side-by-side financial comparison of Lineage, Inc. (LINE) and SM Energy Co (SM). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $704.9M, roughly 2.0× SM Energy Co). On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs -17.3%).
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
LINE vs SM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $704.9M |
| Net Profit | $-100.0M | — |
| Gross Margin | 32.3% | — |
| Operating Margin | 2.5% | 25.9% |
| Net Margin | -7.3% | — |
| Revenue YoY | 3.1% | -17.3% |
| Net Profit YoY | 79.4% | — |
| EPS (diluted) | $-0.44 | $0.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $704.9M | ||
| Q3 25 | $1.4B | $811.6M | ||
| Q2 25 | $1.4B | $792.9M | ||
| Q1 25 | $1.3B | $844.5M | ||
| Q4 24 | $1.3B | $852.0M | ||
| Q3 24 | $1.3B | $643.6M | ||
| Q2 24 | $1.3B | $634.6M | ||
| Q1 24 | $1.3B | $559.9M |
| Q4 25 | — | — | ||
| Q3 25 | $-100.0M | $155.1M | ||
| Q2 25 | $-6.0M | $201.7M | ||
| Q1 25 | $0 | $182.3M | ||
| Q4 24 | $-71.0M | — | ||
| Q3 24 | $-485.0M | $240.5M | ||
| Q2 24 | $-68.0M | $210.3M | ||
| Q1 24 | $-40.0M | $131.2M |
| Q4 25 | — | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 31.9% | — | ||
| Q1 25 | 32.2% | — | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | 32.8% | — | ||
| Q2 24 | 33.4% | — | ||
| Q1 24 | 33.4% | — |
| Q4 25 | — | 25.9% | ||
| Q3 25 | 2.5% | 30.4% | ||
| Q2 25 | 1.7% | 37.2% | ||
| Q1 25 | 4.3% | 32.7% | ||
| Q4 24 | -1.6% | 33.7% | ||
| Q3 24 | -38.6% | 51.4% | ||
| Q2 24 | 5.5% | 44.0% | ||
| Q1 24 | 7.6% | 31.9% |
| Q4 25 | — | — | ||
| Q3 25 | -7.3% | 19.1% | ||
| Q2 25 | -0.4% | 25.4% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | -5.3% | — | ||
| Q3 24 | -36.3% | 37.4% | ||
| Q2 24 | -5.1% | 33.1% | ||
| Q1 24 | -3.0% | 23.4% |
| Q4 25 | — | $0.94 | ||
| Q3 25 | $-0.44 | $1.35 | ||
| Q2 25 | $-0.03 | $1.76 | ||
| Q1 25 | $0.01 | $1.59 | ||
| Q4 24 | $-0.52 | $1.63 | ||
| Q3 24 | $-2.44 | $2.09 | ||
| Q2 24 | $-0.46 | $1.82 | ||
| Q1 24 | $-0.28 | $1.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $368.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.4B | $4.8B |
| Total Assets | $19.2B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $368.0M | ||
| Q3 25 | — | $162.3M | ||
| Q2 25 | — | $101.9M | ||
| Q1 25 | — | $54.0K | ||
| Q4 24 | $173.0M | — | ||
| Q3 24 | $409.0M | $1.7B | ||
| Q2 24 | $73.0M | $487.9M | ||
| Q1 24 | — | $506.3M |
| Q4 25 | — | $4.8B | ||
| Q3 25 | $8.4B | $4.7B | ||
| Q2 25 | $8.6B | $4.6B | ||
| Q1 25 | $8.6B | $4.4B | ||
| Q4 24 | $8.6B | $4.2B | ||
| Q3 24 | $9.0B | $4.1B | ||
| Q2 24 | $4.9B | $3.8B | ||
| Q1 24 | $5.6B | $3.7B |
| Q4 25 | — | $9.3B | ||
| Q3 25 | $19.2B | $9.1B | ||
| Q2 25 | $19.4B | $9.0B | ||
| Q1 25 | $18.8B | $8.8B | ||
| Q4 24 | $18.7B | $8.6B | ||
| Q3 24 | $19.3B | $8.0B | ||
| Q2 24 | $18.8B | $6.7B | ||
| Q1 24 | — | $6.4B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.0M | $451.9M |
| Free Cash FlowOCF − Capex | $35.0M | — |
| FCF MarginFCF / Revenue | 2.5% | — |
| Capex IntensityCapex / Revenue | 14.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $451.9M | ||
| Q3 25 | $230.0M | $505.0M | ||
| Q2 25 | $258.0M | $571.1M | ||
| Q1 25 | $139.0M | $483.0M | ||
| Q4 24 | — | $578.4M | ||
| Q3 24 | $186.0M | $452.3M | ||
| Q2 24 | $155.0M | $476.4M | ||
| Q1 24 | $105.0M | $276.0M |
| Q4 25 | — | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $33.0M | — | ||
| Q2 24 | $-31.0M | — | ||
| Q1 24 | $-42.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | -2.3% | — | ||
| Q1 24 | -3.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | 14.2% | — | ||
| Q2 25 | 12.1% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | 13.9% | — | ||
| Q1 24 | 11.1% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.26× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.88× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 2.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
SM
Segment breakdown not available.
