Lineage, Inc. LINE
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.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-25 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model LINE yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $5.36B | $-98.00M | $895.00M | $1.05B | $943.00M |
| 2024 | $5.34B | $-664.00M | $876.00M | $547.00M | $703.00M |
| 2023 | $5.34B | $-77.00M | $760.00M | $1.24B | $796.00M |
| 2022 | $4.93B | $-63.00M | $678.00M | $976.00M | $501.00M |
| 2021 | $3.70B | $-153.30M | $603.70M | $632.90M | $329.90M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-21 | 2026-06-12 | $0.53 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-21 | 2026-03-13 | $0.53 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-21 | 2025-12-18 | $0.53 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-21 | 2025-09-09 | $0.53 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-21 | 2025-06-20 | $0.53 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-21 | 2025-03-19 | $0.53 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-21 | 2024-12-11 | $0.53 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-21 | 2024-09-10 | $0.38 | Quarterly |
Coverage (payout of operating cash flow): 51.50%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — LINE
VALUE LINE, INC. DECLARES A QUARTERLY CASH DIVIDEND OF $0.35 PER COMMON SHARE AND RENEWS STOCK REPURCHASE PROGRAM
Lineage Cell Therapeutics Maps COR1 Path With ‘Thaw and Inject' Cell Therapy Plan
Lineage Provides Update on COR1 Cell Therapy Program for Corneal Endothelial Disease
Lineage: Don't Mistake A Cyclical Slump For A Broken Business
Grand Design RV Unveils the All-New Lineage Series E, Redefining Innovation in Motorized RV Travel
Linear Provides Update on Proposed Acquisition of Critical Prospecting Corp
Lineage to Report Second-Quarter 2026 Financial Results on August 5, 2026
Lineage Cell Therapeutics to Present at B. Riley Securities 2026 Mind, Muscle & Vision Healthcare Summit
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Industrial REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.