Lineage, Inc. ( (LINE) ) has released its Q4 earnings. Here is a breakdown of the information Lineage, Inc. presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Lineage, Inc. is the world’s largest global temperature-controlled warehouse REIT, providing end-to-end supply chain solutions and technology to enhance distribution efficiency and sustainability in the food and beverage industry. In its 2024 financial results, Lineage, Inc. reported a slight increase in fourth-quarter revenue to $1.3 billion, despite a GAAP net loss of $80 million. The company’s adjusted EBITDA rose by 9.8% to $335 million, and AFFO saw a significant increase of 147.7% to $213 million. For the full year, revenue remained flat at $5.3 billion, with a GAAP net loss of $751 million. However, adjusted EBITDA grew by 4.0% to $1.3 billion, and AFFO increased by 25.4% to $705 million. Lineage, Inc. highlighted its strong finish to 2024, attributing growth to market leadership, network effects, and operational excellence. The company declared a quarterly dividend of $0.5275 per share. Looking ahead to 2025, Lineage, Inc. aims to expand its leadership in the global food supply chain, focusing on operational efficiency and innovative technology. The company plans to deploy over $1.5 billion in capital for acquisitions and developments, positioning itself for strong financial performance and growth opportunities.