LINE · Lineage, Inc. · Financials
25 customers — 33% of revenue (the year ended December 31, 2025)
“Our 25 largest customers contributed approximately 33% of our total revenues for the year ended December 31, 2025.”
4 customers — 2% of revenue (the year ended December 31, 2025)
“As of December 31, 2025, we had four customers that each accounted for at least 2% of our total revenues for the year ended December 31, 2025.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| $5.37B | $5.36B | $5.34B | $5.34B | $4.93B | |
| $3.65B | $3.63B | $3.58B | $3.59B | $3.47B | |
| $1.72B | $1.72B | $1.76B | $1.75B | $1.46B | |
| — | 32.14% | 33% | 32.8% | 29.53% | |
| $556M | $574M | $539M | $502M | $399M | |
| — | $115M | $116M | $115M | $109M | |
| $929M | $895M | $876M | $760M | $678M | |
| $5.18B | $5.17B | $5.7B | $4.94B | $4.63B | |
| $192M | $181M | -$361M | $398M | $297M | |
| — | 3.38% | -6.76% | 7.45% | 6.03% | |
| $1.12B | $1.08B | $515M | $1.16B | $975M | |
| $268M | $256M | $426M | $509M | $281M | |
| $7M | $8M | $12M | $6M | $3M | |
| -$381M | -$296M | -$479M | -$508M | -$367M | |
| -$5M | -$3M | -$6M | -$3M | $0 | |
| — | -$115M | -$840M | -$110M | -$70M | |
| $0 | -$2M | -$89M | -$14M | $6M | |
| -$169M | -$100M | -$664M | -$77M | -$63M | |
| — | -1.87% | -12.43% | -1.44% | -1.28% | |
| -$20M | -$13M | -$87M | -$19M | -$13M | |
| -$164M | -$98M | -$706M | -$118M | -$78M | |
| -$234M | $76M | -$903M | -$74M | -$109M | |
| USD/shares | -$0.72 | -$0.43 | -$3.70 | -$0.73 | -$0.51 |
| USD/shares | -$0.72 | -$0.43G | -$3.70 | -$0.73 | -$0.51 |
| shares | — | 228M | 191M | 162M | 152M |
| shares | — | 228M | 191M | 162M | 152M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $136M in buybacks, $997M in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of long-term debt | 2026-06-30 | USD 2,000,000 | 10-Q filed 2026-08-05 |
| Finance lease liabilities | 2026-06-30 | USD 1,279,000,000 | 10-Q filed 2026-08-05 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Noncurrent debt carrying amount | 2026-06-30 | USD 6,220,000,000 | 10-Q filed 2026-08-05 |
| Operating lease liabilities | 2026-06-30 | USD 637,000,000 | 10-Q filed 2026-08-05 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 12 similar-size REIT - Industrial companies (of 15 listed).
P/FFO and P/AFFO use the company-stated “Core FFO” and “Adjusted FFO”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
P/FFO and P/AFFO and EV/Adj. EBITDA use the company-stated “Core FFO” and “Adjusted FFO” and “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Global Warehousing | $3,950,000,000 | $3,887,000,000 | $3,857,000,000 | $3,432,000,000 |
| Global Integrated Solutions | $1,405,000,000 | $1,453,000,000 | $1,485,000,000 | $1,496,000,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| United States | $3,469,000,000 | $3,412,000,000 | $3,424,000,000 | $3,306,000,000 |
| Europe | $1,153,000,000 | $1,186,000,000 | $1,203,000,000 | $1,098,000,000 |
| Asia Pacific | $445,000,000 | $445,000,000 | $434,000,000 | $387,000,000 |
| Canada | $283,000,000 | $293,000,000 | $277,000,000 | $133,000,000 |
| Other Foreign | $5,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Warehousing Operations | $3,472,000,000 | $3,477,000,000 | $3,471,000,000 | $3,076,000,000 |
| Cargo And Freight | $717,000,000 | $797,000,000 | $859,000,000 | $935,000,000 |
| Warehouse Lease | $284,000,000 | $271,000,000 | $259,000,000 | $244,000,000 |
| Redistribution | $225,000,000 | $206,000,000 | $193,000,000 | $173,000,000 |
| Food Sales | $199,000,000 | $208,000,000 | $229,000,000 | $207,000,000 |
| E-Commerce and Other | $177,000,000 | $167,000,000 | $130,000,000 | $111,000,000 |
| Management Service | $174,000,000 | $119,000,000 | $97,000,000 | $79,000,000 |
| Railcar Lease | $87,000,000 | $75,000,000 | $74,000,000 | $70,000,000 |
| Service Other | $20,000,000 | $20,000,000 | $30,000,000 | $33,000,000 |