Lineage, Inc. (LINE)

Lineage Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	5,329	5,342	4,928	3,702
Other Revenue	-2.6	-2.6	-0.2	-0.3
Total Revenue	5,326	5,339	4,928	3,702
Revenue Growth (YoY	43.88%	8.34%	33.13%	-
Property Expenses	3,570	3,590	3,473	2,571
Selling, General & Administrative	513.8	501.8	398.9	289.3
Depreciation & Amortization	608.9	551.9	479.5	416.1
Total Operating Expenses	4,904	4,851	4,549	3,464
Operating Income	421.6	487.6	378.8	237.3
Interest Expense	-650.3	-606.3	-385	-251.7
Interest & Investment Income	3.8	5.8	3.2	3.7
Currency Exchange Gain (Loss)	-1.1	3.9	-23.8	-34
Other Non-Operating Income	101.6	111.6	35.2	-10.7
EBT Excluding Unusual Items	-127.4	2.6	8.4	-55.4
Merger & Restructuring Charges	-54	-60	-66.2	-123.6
Gain (Loss) on Sale of Investments	-	-	0.8	6.1
Gain (Loss) on Sale of Assets	-20.9	-20.9	-	-2.5
Total Insurance Settlements	-	-	1.1	-
Asset Writedown	-35.7	-8.7	-0.6	-7.1
Other Unusual Items	-7	-	1.4	-4.1
Pretax Income	-249.1	-110.1	-70	-205.8
Income Tax Expense	-13.9	-13.9	6	-29.3
Earnings From Continuing Operations	-235.2	-96.2	-76	-176.5
Minority Interest in Earnings	36.8	18.8	13.3	23.2
Net Income	-198.4	-77.4	-62.7	-153.3
Preferred Dividends & Other Adjustments	31	40	14.7	20.7
Net Income to Common	-229.4	-117.4	-77.4	-174
Basic Shares Outstanding	162	162	152	131
Diluted Shares Outstanding	162	162	152	131
Shares Change (YoY)	23.59%	6.51%	16.03%	-
EPS (Basic)	-1.42	-0.73	-0.51	-1.33
EPS (Diluted)	-1.42	-0.73	-0.51	-1.33
Dividend Per Share	0.550	0.550	-	0.820
Operating Margin	7.92%	9.13%	7.69%	6.41%
Profit Margin	-4.31%	-2.20%	-1.57%	-4.70%
Free Cash Flow Margin	13.50%	14.89%	10.16%	8.91%
EBITDA	1,242	1,247	1,056	841
EBITDA Margin	23.33%	23.36%	21.43%	22.72%
D&A For Ebitda	820.7	759.7	677.2	603.7
EBIT	421.6	487.6	378.8	237.3
EBIT Margin	7.92%	9.13%	7.69%	6.41%

Source: S&P Capital IQ. Real Estate template. Financial Sources.