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LINDBLAD EXPEDITIONS HOLDINGS, INC.（LIND）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
LINDBLAD EXPEDITIONS HOLDINGS, INC.的季度营收约是null的1.8倍（$183.2M vs $100.0M），null净利率更高（-7.0% vs -12.9%，领先5.8%），LINDBLAD EXPEDITIONS HOLDINGS, INC.同比增速更快（23.3% vs 14.5%），null自由现金流更多（$14.1M vs $3.5M），过去两年LINDBLAD EXPEDITIONS HOLDINGS, INC.的营收复合增速更高（9.2% vs -4.9%）
林德布拉德探险控股是一家专业探险旅行企业，总部位于美国纽约。目前公司运营15艘探险邮轮，载客量从28人到150人不等，可为旅行者提供覆盖全球七大洲目的地的探险邮轮旅程。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
LIND vs SWIM — 直观对比
营收规模更大
LIND
是对方的1.8倍
$100.0M
营收增速更快
LIND
高出8.7%
14.5%
净利率更高
SWIM
高出5.8%
-12.9%
自由现金流更多
SWIM
多$10.6M
$3.5M
两年增速更快
LIND
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $100.0M |
| 净利润 | $-23.6M | $-7.0M |
| 毛利率 | 40.3% | 28.0% |
| 营业利润率 | -3.0% | -10.7% |
| 净利率 | -12.9% | -7.0% |
| 营收同比 | 23.3% | 14.5% |
| 净利润同比 | 6.0% | 76.0% |
| 每股收益（稀释后） | $-0.45 | $-0.06 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LINDSWIM
| Q4 25 | $183.2M | $100.0M | ||
| Q3 25 | $240.2M | $161.9M | ||
| Q2 25 | $167.9M | $172.6M | ||
| Q1 25 | $179.7M | $111.4M | ||
| Q4 24 | $148.6M | $87.3M | ||
| Q3 24 | $206.0M | $150.5M | ||
| Q2 24 | $136.5M | $160.1M | ||
| Q1 24 | $153.6M | $110.6M |
净利润LINDSWIM
| Q4 25 | $-23.6M | $-7.0M | ||
| Q3 25 | $1.2M | $8.1M | ||
| Q2 25 | $-8.5M | $16.0M | ||
| Q1 25 | $1.2M | $-6.0M | ||
| Q4 24 | $-25.0M | $-29.2M | ||
| Q3 24 | $22.5M | $5.9M | ||
| Q2 24 | $-24.7M | $13.3M | ||
| Q1 24 | $-4.0M | $-7.9M |
毛利率LINDSWIM
| Q4 25 | 40.3% | 28.0% | ||
| Q3 25 | 48.2% | 35.4% | ||
| Q2 25 | 45.6% | 37.1% | ||
| Q1 25 | 48.3% | 29.5% | ||
| Q4 24 | 42.5% | 24.6% | ||
| Q3 24 | 46.7% | 32.4% | ||
| Q2 24 | 39.2% | 33.1% | ||
| Q1 24 | 45.0% | 27.7% |
营业利润率LINDSWIM
| Q4 25 | -3.0% | -10.7% | ||
| Q3 25 | 15.0% | 13.3% | ||
| Q2 25 | 2.6% | 14.3% | ||
| Q1 25 | 5.9% | -4.4% | ||
| Q4 24 | -5.1% | -14.9% | ||
| Q3 24 | 14.3% | 8.9% | ||
| Q2 24 | -6.0% | 12.5% | ||
| Q1 24 | 5.1% | -1.9% |
净利率LINDSWIM
| Q4 25 | -12.9% | -7.0% | ||
| Q3 25 | 0.5% | 5.0% | ||
| Q2 25 | -5.1% | 9.3% | ||
| Q1 25 | 0.6% | -5.4% | ||
| Q4 24 | -16.9% | -33.4% | ||
| Q3 24 | 10.9% | 3.9% | ||
| Q2 24 | -18.1% | 8.3% | ||
| Q1 24 | -2.6% | -7.1% |
每股收益（稀释后）LINDSWIM
| Q4 25 | $-0.45 | $-0.06 | ||
| Q3 25 | $0.00 | $0.07 | ||
| Q2 25 | $-0.18 | $0.13 | ||
| Q1 25 | $0.00 | $-0.05 | ||
| Q4 24 | $-0.45 | $-0.24 | ||
| Q3 24 | $0.36 | $0.05 | ||
| Q2 24 | $-0.48 | $0.11 | ||
| Q1 24 | $-0.10 | $-0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $256.7M | — |
| 总债务越低越好 | $662.7M | $279.8M |
| 股东权益账面价值 | $-284.5M | $405.9M |
| 总资产 | $980.0M | $823.2M |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资LINDSWIM
| Q4 25 | $256.7M | — | ||
| Q3 25 | $261.8M | — | ||
| Q2 25 | $200.9M | — | ||
| Q1 25 | $188.9M | — | ||
| Q4 24 | $183.9M | — | ||
| Q3 24 | $193.9M | — | ||
| Q2 24 | $168.1M | — | ||
| Q1 24 | $177.7M | — |
总债务LINDSWIM
| Q4 25 | $662.7M | $279.8M | ||
| Q3 25 | $663.5M | $281.1M | ||
| Q2 25 | $627.3M | $281.5M | ||
| Q1 25 | $626.4M | $306.9M | ||
| Q4 24 | $625.5M | $281.5M | ||
| Q3 24 | $624.5M | $282.8M | ||
| Q2 24 | $623.6M | $282.4M | ||
| Q1 24 | $622.7M | $282.8M |
股东权益LINDSWIM
| Q4 25 | $-284.5M | $405.9M | ||
| Q3 25 | $-256.6M | $408.4M | ||
| Q2 25 | $-263.8M | $398.4M | ||
| Q1 25 | $-252.2M | $381.1M | ||
| Q4 24 | $-253.1M | $387.2M | ||
| Q3 24 | $-226.9M | $416.6M | ||
| Q2 24 | $-255.5M | $408.1M | ||
| Q1 24 | $-227.4M | $391.8M |
总资产LINDSWIM
| Q4 25 | $980.0M | $823.2M | ||
| Q3 25 | $976.5M | $844.4M | ||
| Q2 25 | $936.5M | $822.1M | ||
| Q1 25 | $908.8M | $824.6M | ||
| Q4 24 | $876.9M | $794.2M | ||
| Q3 24 | $889.8M | $853.4M | ||
| Q2 24 | $858.3M | $830.0M | ||
| Q1 24 | $868.0M | $808.6M |
负债/权益比LINDSWIM
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $14.4M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $3.5M | $14.1M |
| 自由现金流率自由现金流/营收 | 1.9% | 14.1% |
| 资本支出强度资本支出/营收 | 6.0% | 9.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $63.8M | $38.0M |
8季度趋势，按日历期对齐
经营现金流LINDSWIM
| Q4 25 | $14.4M | $23.3M | ||
| Q3 25 | $19.5M | $51.0M | ||
| Q2 25 | $29.2M | $36.0M | ||
| Q1 25 | $48.4M | $-46.9M | ||
| Q4 24 | $1.7M | $6.2M | ||
| Q3 24 | $28.1M | $37.2M | ||
| Q2 24 | $18.6M | $52.4M | ||
| Q1 24 | $43.9M | $-34.5M |
自由现金流LINDSWIM
| Q4 25 | $3.5M | $14.1M | ||
| Q3 25 | $11.9M | $45.2M | ||
| Q2 25 | $13.5M | $29.1M | ||
| Q1 25 | $35.0M | $-50.3M | ||
| Q4 24 | $-8.2M | $-98.0K | ||
| Q3 24 | $18.4M | $33.2M | ||
| Q2 24 | $11.2M | $47.9M | ||
| Q1 24 | $37.4M | $-39.9M |
自由现金流率LINDSWIM
| Q4 25 | 1.9% | 14.1% | ||
| Q3 25 | 5.0% | 27.9% | ||
| Q2 25 | 8.0% | 16.8% | ||
| Q1 25 | 19.5% | -45.2% | ||
| Q4 24 | -5.5% | -0.1% | ||
| Q3 24 | 8.9% | 22.1% | ||
| Q2 24 | 8.2% | 29.9% | ||
| Q1 24 | 24.4% | -36.0% |
资本支出强度LINDSWIM
| Q4 25 | 6.0% | 9.2% | ||
| Q3 25 | 3.2% | 3.6% | ||
| Q2 25 | 9.4% | 4.0% | ||
| Q1 25 | 7.5% | 3.1% | ||
| Q4 24 | 6.6% | 7.2% | ||
| Q3 24 | 4.7% | 2.7% | ||
| Q2 24 | 5.4% | 2.8% | ||
| Q1 24 | 4.2% | 4.8% |
现金转化率LINDSWIM
| Q4 25 | — | — | ||
| Q3 25 | 16.41× | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | 41.69× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.25× | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LIND
| Guest Ticket | $96.5M | 53% |
| Landexperience | $67.3M | 37% |
| Other Tour | $19.4M | 11% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
