Lineage, Inc.
Close on Oct 19, 2026
- Market cap
- $7.57B
- P/E (TTM)
- –
- Dividend yield
- 6.35%
About Lineage
Real Estate Investment Trusts, SIC 6798
Lineage operates as a temperature-controlled industrial real estate investment trust (REIT) providing cold-storage warehousing and end-to-end supply chain services. The business functions through two primary segments: Global Warehousing, which provides temperature-controlled storage and handling services for frozen and perishable goods across distribution, public, production-advantaged, and managed facilities; and Global Integrated Solutions, which offers complementary transportation logistics—including freight forwarding, over-the-road trucking, port drayage, rail car leasing, and less-than-truckload consolidation—as well as foodservice distribution and fulfillment. The company caters to food producers, manufacturers, agricultural processors, grocery retailers, and foodservice distributors.
The company operates a global network of 501 warehouses spanning approximately 88 million square feet and 3.1 billion cubic feet of capacity across North America (326 facilities), the Asia-Pacific region (89 facilities), and Europe (86 facilities). Its operational footprint spans 36 U.S. states and multiple international markets, including Canada, the United Kingdom, Continental Europe, Australia, and New Zealand, with heavy concentration in high-density metropolitan markets and major commercial ports. The provided text does not state the company's headquarters location.
Summary of the business section of Lineage's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Lineage, Inc.
- Headquarters
- Novi, MI
- Address
- 46500 Humboldt Drive 48377
- Phone
- (800) 678-7271
- Employees
- 24,000, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Detroit, Michigan
Stock & identifiers
- Ticker
- LINE
- Exchange
- Nasdaq
- IPO date
- Jul 26, 2024
- Shares outstanding
- 228M, Jul 30, 2026
- Public float
- $3.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1868159
- CUSIP
- 53566V106
- ISIN
- US53566V1061
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kevin Patrick Marchetti | Co-Executive Chairman, Director | 155,587,807 |
| Greg Lehmkuhl | President & CEO, Director | 136,045 |
| Adam Matthew Schwartz Forste | Co-Executive Chairman, Director | 155,843,005 |
| Robb A. LeMasters | Chief Financial Officer | 109,500 |
| Abigail S. Fleming | Chief Accounting Officer | 18,277 |
| Kelly Burlage | Chief Human Resources Officer | 13,690 |
| Timothy Conrad Smith | Chief Commercial Officer | 23,234 |
| Sudarsan V. Thattai | See Remarks | 10,563 |
| Brian Jeffrey McGowan | See Remarks | 23,723 |
| Gregory A. Bryan | See Remarks. | 28,162 |
| Jeffrey Alvarez Rivera | See Remarks. | 8,684 |
| Natalie Matsler | See Remarks. | 2,253 |
| Robert Crisci | Chief Financial Officer | 107,859 |
| Sean Robert Vanderelzen | Chief Human Resources Officer | 37,318 |
| Paul Gijsbert Beiboer | Director | 3,672 |
| Shellye L. Archambeau | Director | 12,112 |
| Nancy Joy Falotico | Director | 18,517 |
| Michael John Turner | Director | 11,612 |
| Lynn A. Wentworth | Director | 17,226 |
| BG Lineage Holdings, LLC | Director | 155,275,349 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Lehmkuhl | $19.96M | -$10.30M | $4.03M | $45 | $106 |
| FY2024 Mr. Lehmkuhl | $69.34M | $44.76M | $18.51M | $72 | $103 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 24,000 people worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 20, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 18, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 7, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 26, 2024 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 25, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 8, 2021 | Name change | Name changed from Lineage Growth Properties, Inc. to Lineage, Inc. |