Lineage, Inc. (LINE) intrinsic value & 10-year financials

Lineage, Inc. (LINE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue grew 2.8% a year to $5.4B, with an average return on invested capital of 1.7%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$33.28
Market cap
$7.6B
Revenue (FY2025)
$5.4B
Revenue growth (5-yr CAGR)
2.8%
ROIC (10-yr avg)
1.7%
Free cash flow (FY2025)
$196.0M

LINE 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $5.4B -$100.0M -$0.43 $196.0M 3.4% 1.1%
FY2024 $5.3B -$664.0M -$3.70 $12.0M -6.8% -2.0%
FY2023 $5.3B -$77.0M -$0.73 $30.0M 7.5% 2.1%
FY2022 $4.9B -$63.0M -$0.51 -$312.0M 6.0% 5.5%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Lineage, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Lineage, Inc. has historically struggled to out-earn its cost of capital, averaging just 0.4% ROIC.

Lineage, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Lineage, Inc. is modeled at 2.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-5.24 per share.

LINE stock: frequently asked questions

What is the intrinsic value of Lineage, Inc. (LINE) stock?

Graham's formula only works with positive earnings. Lineage, Inc. reported diluted EPS of -$0.43 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Lineage, Inc. generate free cash flow?

Lineage, Inc. generated $196.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 4 reported years.

What is LINE's return on invested capital?

Average ROIC over the last 5 fiscal years was 1.7%, and average return on equity was -3.4%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this LINE data come from?

From Lineage, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 5, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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