Lindsay (LNN) Financials

$109.34 +0.15 (+0.14%)

Closing price 05/22/2026 03:59 PM Eastern

Extended Trading

$109.22 -0.13 (-0.11%)

As of 05/22/2026 04:10 PM Eastern

Annual Income Statements for Lindsay

This table shows Lindsay's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/31/2014	8/31/2015	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024
Net Income / (Loss) Attributable to Common Shareholders	52	30	20	23	20	2.17	39	43	65	72	66
Consolidated Net Income / (Loss)	52	26	20	23	20	2.17	39	43	65	72	66
Net Income / (Loss) Continuing Operations	52	30	20	23	20	2.17	39	43	65	72	66
Total Pre-Tax Income	79	47	29	36	34	2.11	49	50	88	100	79
Total Operating Income	78	51	34	41	39	6.12	54	54	95	102	77
Total Gross Profit	171	156	149	145	151	115	153	150	199	213	191
Total Revenue	618	560	516	518	548	444	475	568	771	674	607
Operating Revenue	618	560	516	518	548	444	475	568	771	674	607
Total Cost of Revenue	447	404	368	373	396	329	322	417	572	461	416
Operating Cost of Revenue	447	404	368	373	396	329	322	417	572	461	416
Total Operating Expenses	93	106	114	104	112	108	98	96	105	111	114
Selling, General & Admin Expense	82	93	98	87	96	95	84	83	89	93	97
Research & Development Expense	11	13	16	17	16	14	14	13	15	18	17
Total Other Income / (Expense), net	0.30	-0.05	-5.09	-4.93	-5.16	-4.01	-5.36	-3.72	-6.78	-1.81	2.44
Interest Expense	0.19	2.63	4.75	4.76	4.69	4.77	4.76	4.75	4.27	3.79	3.23
Interest & Investment Income	0.73	0.63	0.65	1.18	1.64	2.40	1.96	1.08	0.62	2.78	5.19
Other Income / (Expense), net	-0.25	-1.95	-0.98	-1.36	-2.11	-1.64	-2.56	-0.05	-3.13	-0.80	0.49
Income Tax Expense	27	20	9.02	13	14	-0.07	10	7.81	22	28	13
Basic Earnings per Share	$4.01	$2.23	$1.86	$2.17	$1.89	$0.20	$3.57	$3.91	$5.97	$6.58	$6.04
Weighted Average Basic Shares Outstanding	12.83M	11.82M	10.91M	10.67M	10.74M	10.78M	10.82M	10.89M	10.97M	11.00M	10.98M
Diluted Earnings per Share	$4.00	$2.22	$1.85	$2.17	$1.88	$0.20	$3.56	$3.88	$5.94	$6.54	$6.01
Weighted Average Diluted Shares Outstanding	12.88M	11.86M	10.93M	10.69M	10.77M	10.81M	10.86M	10.99M	11.03M	11.06M	11.02M
Weighted Average Basic & Diluted Shares Outstanding	12.80M	11.80M	10.90M	10.70M	10.70M	10.79M	10.83M	10.91M	10.98M	11.01M	10.80M
Cash Dividends to Common per Share	$0.92	$1.09	$1.13	$1.17	$1.21	$1.24	$1.26	$1.30	$1.33	$1.37	$1.41

This table shows Lindsay's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q2 2026
Period end date	2/28/2023	5/31/2023	8/31/2023	11/30/2023	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025	2/28/2026
Net Income / (Loss) Attributable to Common Shareholders	18	17	19	15	18	20	13	17	27	20	12
Consolidated Net Income / (Loss)	18	17	19	15	18	20	13	17	27	20	12
Net Income / (Loss) Continuing Operations	18	17	19	15	18	20	13	17	27	20	12
Total Pre-Tax Income	26	26	25	21	23	20	15	22	33	26	16
Total Operating Income	27	27	23	21	22	20	14	21	32	24	13
Total Gross Profit	54	53	53	50	49	46	46	50	62	54	42
Total Revenue	166	165	167	161	152	139	155	166	187	169	158
Operating Revenue	166	165	167	161	152	139	155	166	187	169	158
Total Cost of Revenue	112	111	115	111	103	93	109	116	125	116	115
Operating Cost of Revenue	112	111	115	111	103	93	109	116	125	116	115
Total Operating Expenses	27	26	29	29	27	27	32	29	30	30	29
Selling, General & Admin Expense	22	22	24	24	23	22	28	25	26	25	25
Research & Development Expense	4.52	4.52	4.87	4.35	3.89	4.29	4.59	3.86	4.16	4.71	4.08
Total Other Income / (Expense), net	-1.53	-1.23	1.54	-0.08	0.60	0.24	1.69	1.15	1.09	1.92	2.55
Interest Expense	1.04	0.95	0.89	0.88	0.83	0.77	0.76	-	0.00	0.35	0.00
Interest & Investment Income	0.49	0.68	1.24	1.07	1.30	0.96	1.87	0.49	1.44	2.24	1.98
Other Income / (Expense), net	-0.98	-0.96	1.19	-0.27	0.13	0.04	0.58	0.66	-0.35	0.02	0.57
Income Tax Expense	7.68	8.85	5.68	5.98	4.57	-0.21	2.45	4.87	6.64	6.21	3.52
Basic Earnings per Share	$1.64	$1.53	$1.75	$1.36	$1.64	$1.85	$1.19	$1.58	$2.45	$1.80	$1.15
Weighted Average Basic Shares Outstanding	11.01M	11.01M	11.00M	11.02M	11.03M	11.00M	10.98M	10.85M	10.86M	10.86M	10.45M
Diluted Earnings per Share	$1.63	$1.53	$1.73	$1.36	$1.64	$1.85	$1.16	$1.57	$2.44	$1.78	$1.15
Weighted Average Diluted Shares Outstanding	11.06M	11.05M	11.06M	11.06M	11.07M	11.03M	11.02M	10.90M	10.91M	10.93M	10.49M
Cash Dividends to Common per Share	$0.34	$0.34	$0.35	$0.35	$0.35	$0.35	$0.36	$0.36	$0.36	$0.36	$0.37

This table details how cash moves in and out of Lindsay's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/31/2014	8/31/2015	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2025
Net Change in Cash & Equivalents	20	-33	-38	20	41	-34	-5.80	5.70	-22	56	60
Net Cash From Operating Activities	92	49	33	39	34	3.80	46	44	3.05	120	133
Net Cash From Continuing Operating Activities	92	49	33	39	34	3.80	46	44	3.05	120	133
Net Income / (Loss) Continuing Operations	52	26	20	23	20	2.17	39	43	65	72	74
Consolidated Net Income / (Loss)	52	26	20	23	20	2.17	39	43	65	72	74
Depreciation Expense	15	16	17	17	17	14	19	19	20	19	21
Non-Cash Adjustments To Reconcile Net Income	5.97	14	2.31	3.65	8.26	7.78	7.60	4.20	9.33	10	6.40
Changes in Operating Assets and Liabilities, net	20	-7.54	-6.33	-4.06	-11	-20	-20	-22	-92	18	32
Net Cash From Investing Activities	-18	-80	-9.90	-9.98	18	-21	-39	-28	-8.95	-47	-49
Net Cash From Continuing Investing Activities	-18	-80	-9.90	-9.98	18	-21	-39	-28	-8.95	-47	-49
Purchase of Property, Plant & Equipment	-18	-15	-11	-8.86	-11	-23	-21	-27	-16	-19	-42
Acquisitions	-	-70	-	-	0.00	0.00	-3.03	0.00	0.00	-31	-5.81
Purchase of Investments	-2.04	-1.20	-2.92	-3.47	-3.09	0.00	-28	-19	-18	-4.93	-15
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	3.96	0.00	0.00	0.00	0.00
Divestitures	-	-	-	-	30	-	-	-	0.00	0.00	0.00
Sale and/or Maturity of Investments	1.25	7.47	3.38	2.12	2.28	0.00	8.55	19	26	11	16
Other Investing Activities, net	0.03	-1.09	1.14	0.23	0.08	1.99	1.50	-0.58	-0.86	-3.85	-1.33
Net Cash From Financing Activities	-54	3.30	-61	-10	-11	-15	-13	-12	-13	-17	-27
Net Cash From Continuing Financing Activities	-54	3.30	-61	-10	-11	-15	-13	-12	-13	-17	-27
Repayment of Debt	-	-0.73	-0.19	-0.20	-0.20	-0.32	-0.23	-0.20	0.19	0.22	0.37
Repurchase of Common Equity	-41	-97	-48	-	-	-	-	-	0.00	0.00	-12
Payment of Dividends	-12	-13	-12	-12	-13	-13	-14	-14	-15	-15	-16
Issuance of Common Equity	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00
Other Financing Activities, net	-0.81	-1.31	-0.60	2.39	1.96	-0.95	0.43	2.70	1.71	-2.44	0.06
Effect of Exchange Rate Changes	0.19	-5.76	0.30	-	-	-	-	1.02	-	0.72	2.21
Cash Interest Paid	0.23	2.45	4.67	4.70	4.63	4.67	4.67	4.64	3.81	3.91	1.83
Cash Income Taxes Paid	26	27	18	16	11	7.89	7.31	6.81	16	20	21

This table details how cash moves in and out of Lindsay's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	11/30/2022	2/28/2023	5/31/2023	8/31/2023	11/30/2023	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025
Net Change in Cash & Equivalents	-5.88	-1.49	34	29	-1.37	-26	6.81	51	3.19	-22	24
Net Cash From Operating Activities	4.68	3.21	51	61	22	-9.74	31	53	22	12	35
Net Cash From Continuing Operating Activities	4.68	3.21	51	61	22	-9.74	31	53	22	12	35
Net Income / (Loss) Continuing Operations	18	18	17	19	15	18	20	13	17	27	20
Consolidated Net Income / (Loss)	18	18	17	19	15	18	20	13	17	27	20
Depreciation Expense	4.87	4.82	4.77	4.82	5.31	5.27	5.27	5.35	5.41	5.20	5.10
Non-Cash Adjustments To Reconcile Net Income	2.38	2.77	3.22	1.73	1.83	1.81	1.86	1.06	1.31	2.05	0.72
Changes in Operating Assets and Liabilities, net	-21	-22	26	35	-0.28	-35	3.00	34	-2.28	-22	9.67
Net Cash From Investing Activities	-4.18	-1.53	-13	-28	-18	-13	-1.56	6.45	-8.81	-30	-9.21
Net Cash From Continuing Investing Activities	-4.18	-1.53	-13	-28	-18	-13	-1.56	6.45	-8.81	-30	-9.21
Purchase of Property, Plant & Equipment	-3.80	-3.42	-6.06	-5.49	-6.94	-12	-4.75	-5.45	-9.14	-9.78	-9.33
Other Investing Activities, net	-0.38	-0.83	-3.19	0.55	-0.59	0.05	-1.60	-0.62	-0.40	-0.16	0.12
Net Cash From Financing Activities	-6.17	-3.66	-3.69	-3.78	-5.38	-3.21	-22	-8.40	-5.31	-4.48	-4.57
Net Cash From Continuing Financing Activities	-6.17	-3.66	-3.69	-3.78	-5.38	-3.21	-22	-8.40	-5.31	-4.48	-4.57
Repayment of Debt	0.04	0.09	0.05	0.04	0.06	0.17	0.08	0.06	0.05	0.20	0.06
Repurchase of Common Equity	-	-	-	-	-	-	-	-4.55	0.00	-	-1.25
Payment of Dividends	-3.74	-3.74	-3.74	-3.85	-3.86	-3.86	-3.83	-3.90	-3.91	-3.91	-3.91
Other Financing Activities, net	-2.47	-	-	0.03	-1.58	0.48	-	-	-1.45	0.67	0.53
Effect of Exchange Rate Changes	-0.21	0.49	-	-	-	-	-0.50	-	-	0.60	2.87

This table presents Lindsay's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	8/31/2015	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2025	8/31/2025
Total Assets	536	488	506	500	500	571	637	711	746	841	841
Total Current Assets	322	277	293	331	313	348	416	477	487	533	533
Cash & Equivalents	139	101	122	161	127	121	127	105	161	251	251
Short-Term Investments	-	-	-	-	0.00	20	20	11	5.56	0.00	0.00
Accounts Receivable	74	81	74	69	76	85	94	138	145	113	113
Inventories, net	75	75	86	79	92	105	145	194	156	137	137
Other Current Assets	11	14	6.93	11	16	18	31	29	20	32	32
Plant, Property, & Equipment, net	79	78	74	57	69	80	92	94	100	142	142
Plant, Property & Equipment, gross	-	-	-	-	-	-	-	-	-	315	315
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	173	173
Total Noncurrent Assets	136	133	139	112	118	143	129	139	158	166	166
Long-Term Investments	-	-	-	-	-	-	-	-	-	8.76	8.76
Goodwill	77	77	77	65	64	68	68	67	83	84	84
Intangible Assets	52	47	43	27	24	23	20	18	28	23	23
Noncurrent Deferred & Refundable Income Taxes	-	4.23	5.31	6.65	12	9.94	8.11	9.31	11	20	20
Other Noncurrent Operating Assets	6.92	4.89	13	13	17	42	33	44	37	30	30
Total Liabilities & Shareholders' Equity	536	488	506	500	500	571	637	711	746	841	841
Total Liabilities	248	236	236	223	232	272	299	317	290	308	308
Total Current Liabilities	95	88	92	80	82	102	138	161	136	144	144
Short-Term Debt	0.19	0.20	0.20	0.21	0.21	0.20	0.22	0.22	0.23	0.23	0.23
Accounts Payable	39	32	37	31	29	30	45	60	44	49	49
Other Current Liabilities	56	55	55	47	52	73	93	101	92	95	95
Total Noncurrent Liabilities	153	148	144	143	150	170	161	156	154	164	164
Long-Term Debt	117	117	117	116	116	116	116	115	115	115	115
Noncurrent Deferred & Payable Income Tax Liabilities	19	1.22	1.19	1.08	0.87	0.89	0.83	1.05	0.69	1.02	1.02
Noncurrent Employee Benefit Liabilities	6.57	6.87	6.30	5.87	6.03	6.37	5.75	4.89	4.38	3.42	3.42
Other Noncurrent Operating Liabilities	10	23	20	20	27	47	38	35	34	45	45
Total Equity & Noncontrolling Interests	289	252	270	277	268	299	338	393	456	533	533
Total Preferred & Common Equity	289	252	270	277	268	299	338	393	456	533	533
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	289	252	270	277	268	299	338	393	456	533	533
Common Stock	74	76	82	87	91	97	105	113	118	132	132
Retained Earnings	459	467	478	485	475	500	528	579	636	745	745
Treasury Stock	-229	-277	-277	-277	-277	-277	-277	-277	-277	-311	-311
Accumulated Other Comprehensive Income / (Loss)	-15	-14	-12	-18	-20	-21	-18	-21	-21	-34	-34

This table presents Lindsay's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q2 2026
Period end date	5/31/2022	11/30/2022	2/28/2023	5/31/2023	11/30/2023	2/29/2024	5/31/2024	11/30/2025	2/28/2025	5/31/2025	2/28/2026
Total Assets	712	708	709	724	764	765	758	828	814	841	838
Total Current Assets	475	481	480	491	501	501	489	507	527	547	499
Cash & Equivalents	82	99	98	132	159	133	140	200	172	196	186
Short-Term Investments	14	11	8.76	13	16	17	12	0.00	15	15	0.00
Accounts Receivable	156	157	167	154	143	154	134	129	155	148	134
Inventories, net	196	188	179	167	164	167	172	146	155	150	145
Other Current Assets	29	25	28	26	18	29	30	32	30	38	34
Plant, Property, & Equipment, net	94	94	94	97	104	111	112	155	125	131	163
Plant, Property & Equipment, gross	239	243	246	253	265	275	278	330	296	305	342
Accumulated Depreciation	145	149	153	156	162	165	166	175	171	174	179
Total Noncurrent Assets	142	133	135	135	159	154	158	166	163	163	176
Long-Term Investments	-	-	-	-	-	0.00	0.00	8.11	7.45	8.34	8.40
Goodwill	67	67	67	67	84	84	84	84	84	84	85
Intangible Assets	19	18	17	17	27	26	26	23	24	24	23
Noncurrent Deferred & Refundable Income Taxes	7.86	8.12	9.52	12	13	9.20	13	19	12	19	23
Other Noncurrent Operating Assets	48	40	41	40	35	34	35	32	35	28	37
Total Liabilities & Shareholders' Equity	712	708	709	724	764	765	758	828	814	841	838
Total Liabilities	331	304	287	287	297	282	278	310	298	312	330
Total Current Liabilities	174	149	133	133	142	129	124	148	145	150	165
Short-Term Debt	0.22	0.22	0.22	0.23	0.23	0.23	0.23	0.19	0.23	0.23	0.15
Accounts Payable	72	59	53	42	52	48	35	57	58	47	55
Other Current Liabilities	101	90	80	91	90	81	88	91	87	103	110
Total Noncurrent Liabilities	157	155	154	154	155	153	154	162	153	162	165
Long-Term Debt	115	115	115	115	115	115	115	115	115	115	115
Noncurrent Deferred & Payable Income Tax Liabilities	0.73	0.69	0.70	0.69	0.70	0.68	0.68	1.82	0.64	0.69	2.18
Noncurrent Employee Benefit Liabilities	5.47	4.81	4.73	4.65	4.31	4.23	4.16	3.35	4.04	3.98	3.28
Other Noncurrent Operating Liabilities	36	34	33	33	35	33	34	42	33	42	44
Total Equity & Noncontrolling Interests	381	405	422	437	467	483	480	518	516	529	508
Total Preferred & Common Equity	381	405	422	437	467	483	480	518	516	529	508
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	381	405	422	437	467	483	480	518	516	529	508
Common Stock	112	112	114	116	118	120	122	132	127	130	135
Retained Earnings	565	593	608	621	647	662	678	758	723	739	766
Treasury Stock	-277	-277	-277	-277	-277	-277	-295	-341	-301	-302	-367
Accumulated Other Comprehensive Income / (Loss)	-18	-24	-22	-23	-21	-22	-25	-31	-32	-37	-27

This table displays calculated financial ratios and metrics derived from Lindsay's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	8/31/2014	8/31/2015	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.55%	-9.35%	-7.81%	0.30%	5.74%	-18.92%	6.90%	19.58%	35.78%	-12.54%	-9.94%
EBITDA Growth	-22.39%	-29.87%	-22.84%	11.33%	-4.57%	-65.38%	284.22%	3.08%	52.52%	8.03%	-18.54%
EBIT Growth	-27.08%	-37.60%	-31.49%	17.67%	-6.09%	-87.88%	1,054.87%	4.66%	69.30%	10.78%	-23.95%
NOPAT Growth	-27.11%	-44.41%	-16.62%	10.91%	-11.43%	-73.02%	580.04%	6.65%	54.25%	4.49%	-12.86%
Net Income Growth	-27.01%	-48.93%	-22.97%	14.37%	-12.52%	-89.29%	1,678.50%	10.21%	53.78%	10.55%	-8.46%
EPS Growth	-26.87%	-44.50%	-16.67%	17.30%	-13.36%	-89.36%	1,680.00%	8.99%	53.09%	10.10%	-8.10%
Operating Cash Flow Growth	59.63%	-46.30%	-32.80%	19.09%	-13.98%	-88.81%	1,112.38%	-4.49%	-93.07%	3,827.40%	-20.00%
Free Cash Flow Firm Growth	417.51%	-136.80%	190.80%	14.28%	145.05%	-137.07%	198.71%	-50.50%	-223.01%	525.24%	3.81%
Invested Capital Growth	-7.83%	25.62%	0.25%	-0.02%	-15.60%	13.53%	7.54%	12.43%	27.63%	3.14%	0.13%
Revenue Q/Q Growth	-0.14%	-4.11%	1.85%	-0.19%	-1.56%	-4.59%	5.92%	4.65%	4.98%	-3.31%	-1.96%
EBITDA Q/Q Growth	1.41%	-17.98%	25.92%	-0.71%	-9.28%	-16.84%	33.36%	-13.25%	17.31%	-0.22%	-9.18%
EBIT Q/Q Growth	1.10%	-23.39%	45.88%	-1.58%	-11.48%	-44.93%	45.25%	-16.17%	20.74%	0.17%	-11.96%
NOPAT Q/Q Growth	1.22%	-31.62%	91.63%	-4.75%	-6.22%	-26.33%	34.74%	-12.69%	24.81%	-3.63%	-9.39%
Net Income Q/Q Growth	1.78%	-35.55%	118.44%	-5.95%	-6.30%	-61.54%	51.74%	-17.24%	22.73%	1.83%	-8.93%
EPS Q/Q Growth	2.04%	-33.93%	105.56%	-4.41%	-6.93%	-61.54%	51.49%	-17.27%	22.22%	1.71%	-8.66%
Operating Cash Flow Q/Q Growth	11.22%	-19.54%	-3.17%	5.79%	46.53%	-38.07%	16.87%	-27.60%	126.22%	37.36%	-7.20%
Free Cash Flow Firm Q/Q Growth	85.43%	-25.03%	5.79%	-8.23%	36.17%	-23.25%	-13.27%	-35.77%	55.88%	-11.45%	76.09%
Invested Capital Q/Q Growth	-2.40%	-4.77%	-1.18%	-0.79%	-8.52%	-6.81%	-1.41%	-1.29%	-2.07%	-0.76%	-8.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.67%	27.91%	28.78%	28.00%	27.65%	25.81%	32.14%	26.46%	25.84%	31.60%	31.47%
EBITDA Margin	15.04%	11.63%	9.74%	10.81%	9.75%	4.16%	14.97%	12.90%	14.49%	17.90%	16.19%
Operating Margin	12.68%	9.05%	6.66%	7.85%	7.12%	1.38%	11.42%	9.53%	12.28%	15.16%	12.62%
EBIT Margin	12.64%	8.70%	6.47%	7.59%	6.74%	1.01%	10.88%	9.52%	11.87%	15.04%	12.70%
Profit (Net Income) Margin	8.34%	4.70%	3.92%	4.47%	3.70%	0.49%	8.14%	7.50%	8.49%	10.74%	10.91%
Tax Burden Percent	65.49%	56.27%	69.20%	64.90%	59.90%	103.09%	79.09%	84.49%	74.51%	72.11%	83.82%
Interest Burden Percent	100.69%	95.91%	87.70%	90.89%	91.74%	47.12%	94.57%	93.21%	96.01%	99.01%	102.54%
Effective Tax Rate	34.51%	43.73%	30.80%	35.10%	40.10%	-3.09%	20.91%	15.51%	25.49%	27.89%	16.18%
Return on Invested Capital (ROIC)	23.35%	12.00%	8.97%	9.94%	9.55%	2.64%	16.24%	15.74%	20.15%	18.49%	15.86%
ROIC Less NNEP Spread (ROIC-NNEP)	23.23%	14.27%	80.40%	-59.27%	20.30%	15.01%	38.02%	26.96%	51.78%	23.52%	12.62%
Return on Net Nonoperating Assets (RNNOA)	-9.85%	-4.16%	-1.47%	-1.05%	-2.13%	-1.84%	-2.61%	-2.37%	-2.26%	-1.44%	-1.71%
Return on Equity (ROE)	13.50%	7.84%	7.50%	8.89%	7.42%	0.80%	13.63%	13.37%	17.89%	17.05%	14.15%
Cash Return on Invested Capital (CROIC)	31.50%	-10.71%	8.72%	9.96%	26.47%	-10.04%	8.98%	4.04%	-4.12%	15.40%	15.73%
Operating Return on Assets (OROA)	15.04%	9.17%	6.52%	7.91%	7.34%	0.89%	9.65%	8.95%	13.58%	13.92%	10.24%
Return on Assets (ROA)	9.92%	4.95%	3.96%	4.67%	4.03%	0.43%	7.21%	7.05%	9.71%	9.94%	8.80%
Return on Common Equity (ROCE)	13.50%	7.84%	7.50%	8.89%	7.42%	0.80%	13.63%	13.37%	17.89%	17.05%	14.15%
Return on Equity Simple (ROE_SIMPLE)	13.46%	9.12%	8.06%	8.58%	7.32%	0.81%	12.94%	12.58%	16.64%	15.88%	13.78%
Net Operating Profit after Tax (NOPAT)	51	29	24	26	23	6.30	43	46	71	74	64
NOPAT Margin	8.30%	5.09%	4.61%	5.09%	4.27%	1.42%	9.03%	8.05%	9.15%	10.93%	10.58%
Net Nonoperating Expense Percent (NNEP)	0.12%	-2.27%	-71.43%	69.21%	-10.75%	-12.38%	-21.77%	-11.22%	-31.62%	-5.03%	3.23%
Cost of Revenue to Revenue	72.33%	72.09%	71.22%	72.00%	72.35%	74.19%	67.86%	73.54%	74.16%	68.40%	68.53%
SG&A Expenses to Revenue	13.19%	16.56%	19.05%	16.84%	17.60%	21.29%	17.78%	14.58%	11.60%	13.74%	16.03%
R&D to Revenue	1.80%	2.29%	3.07%	3.31%	2.93%	3.14%	2.94%	2.35%	1.97%	2.70%	2.82%
Operating Expenses to Revenue	14.99%	18.86%	22.12%	20.15%	20.53%	24.43%	20.72%	16.93%	13.56%	16.44%	18.85%
Earnings before Interest and Taxes (EBIT)	78	49	33	39	37	4.47	52	54	92	101	77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	93	65	50	56	53	18	71	73	112	121	98
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.29	2.71	2.77	3.16	3.48	3.37	3.49	5.15	4.38	2.96	2.81
Price to Tangible Book Value (P/TBV)	2.79	4.89	5.46	5.69	5.21	5.03	5.03	6.97	5.60	3.92	3.64
Price to Revenue (P/Rev)	1.42	1.39	1.35	1.65	1.76	2.03	2.19	3.07	2.24	2.00	2.22
Price to Earnings (P/E)	16.99	25.85	34.34	36.85	47.53	415.90	26.95	40.94	26.33	18.66	20.38
Dividend Yield	1.34%	1.60%	1.73%	1.46%	1.35%	1.48%	1.31%	0.81%	0.85%	1.12%	1.14%
Earnings Yield	5.89%	3.87%	2.91%	2.71%	2.10%	0.24%	3.71%	2.44%	3.80%	5.36%	4.91%
Enterprise Value to Invested Capital (EV/IC)	3.34	2.86	2.67	3.20	4.10	3.51	3.71	5.57	4.39	3.21	3.15
Enterprise Value to Revenue (EV/Rev)	1.14	1.35	1.37	1.64	1.68	2.01	2.14	3.02	2.23	1.93	2.10
Enterprise Value to EBITDA (EV/EBITDA)	7.57	11.62	14.12	15.18	17.21	48.25	14.30	23.37	15.42	10.77	12.97
Enterprise Value to EBIT (EV/EBIT)	9.00	15.53	21.26	21.62	24.91	199.51	19.67	31.67	18.82	12.82	16.53
Enterprise Value to NOPAT (EV/NOPAT)	13.70	26.54	29.84	32.20	39.34	141.54	23.70	37.44	24.43	17.64	19.85
Enterprise Value to Operating Cash Flow (EV/OCF)	7.66	15.36	21.43	21.53	27.09	234.97	22.07	38.93	565.14	10.86	13.31
Enterprise Value to Free Cash Flow (EV/FCFF)	10.16	0.00	30.69	32.14	14.19	0.00	42.86	145.91	0.00	21.18	20.01
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.41	0.47	0.43	0.42	0.43	0.39	0.34	0.29	0.25	0.24
Long-Term Debt to Equity	0.00	0.41	0.47	0.43	0.42	0.43	0.39	0.34	0.29	0.25	0.24
Financial Leverage	-0.42	-0.29	-0.02	0.02	-0.11	-0.12	-0.07	-0.09	-0.04	-0.06	-0.14
Leverage Ratio	1.36	1.58	1.90	1.90	1.84	1.83	1.89	1.90	1.84	1.72	1.61
Compound Leverage Factor	1.37	1.52	1.66	1.73	1.69	0.86	1.79	1.77	1.77	1.70	1.65
Debt to Total Capital	0.00%	28.91%	31.78%	30.22%	29.59%	30.20%	27.96%	25.48%	22.71%	20.21%	19.33%
Short-Term Debt to Total Capital	0.00%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%	0.04%
Long-Term Debt to Total Capital	0.00%	28.87%	31.72%	30.17%	29.53%	30.15%	27.92%	25.43%	22.66%	20.17%	19.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	71.09%	68.22%	69.78%	70.41%	69.80%	72.04%	74.52%	77.29%	79.79%	80.67%
Debt to EBITDA	0.00	1.80	2.33	2.09	2.18	6.28	1.63	1.58	1.03	0.96	1.17
Net Debt to EBITDA	0.00	-0.36	0.28	-0.08	-0.83	-0.60	-0.35	-0.42	-0.01	-0.42	-0.77
Long-Term Debt to EBITDA	0.00	1.80	2.33	2.09	2.17	6.27	1.63	1.58	1.03	0.95	1.17
Debt to NOPAT	0.00	4.11	4.93	4.43	4.98	18.41	2.70	2.53	1.64	1.57	1.79
Net Debt to NOPAT	0.00	-0.83	0.58	-0.18	-1.90	-1.77	-0.58	-0.68	-0.01	-0.69	-1.18
Long-Term Debt to NOPAT	0.00	4.11	4.92	4.43	4.97	18.38	2.70	2.53	1.64	1.56	1.79
Altman Z-Score	7.08	4.94	4.86	5.25	5.89	5.14	5.17	6.35	6.44	5.91	5.88
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.21	3.39	3.15	3.18	4.13	3.82	3.40	3.01	2.96	3.58	3.92
Quick Ratio	2.29	2.24	2.07	2.12	2.87	2.47	2.20	1.74	1.58	2.29	2.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	69	-25	23	26	65	-24	24	12	-14	61	64
Operating Cash Flow to CapEx	518.19%	323.36%	288.14%	445.10%	306.98%	16.36%	263.20%	165.85%	19.54%	637.59%	330.45%
Free Cash Flow to Firm to Interest Expense	370.18	-9.70	4.87	5.56	13.82	-5.04	4.98	2.47	-3.38	16.20	19.70
Operating Cash Flow to Interest Expense	490.90	18.77	6.97	8.29	7.24	0.80	9.67	9.25	0.71	31.60	29.61
Operating Cash Flow Less CapEx to Interest Expense	396.17	12.97	4.55	6.43	4.88	-4.07	6.00	3.67	-2.94	26.65	20.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.19	1.05	1.01	1.04	1.09	0.89	0.89	0.94	1.14	0.93	0.81
Accounts Receivable Turnover	5.76	6.66	6.68	6.71	7.66	6.14	5.93	6.37	6.65	4.76	4.65
Inventory Turnover	6.37	5.51	4.91	4.64	4.79	3.84	3.27	3.34	3.37	2.64	2.68
Fixed Asset Turnover	8.99	7.41	6.61	6.81	8.31	7.04	6.39	6.62	8.27	6.94	5.71
Accounts Payable Turnover	10.55	9.94	10.35	10.81	11.78	10.99	10.92	11.17	10.86	8.84	10.18
Days Sales Outstanding (DSO)	63.33	54.80	54.66	54.42	47.63	59.45	61.57	57.30	54.89	76.61	78.58
Days Inventory Outstanding (DIO)	57.29	66.26	74.27	78.73	76.17	95.01	111.65	109.31	108.25	138.42	136.16
Days Payable Outstanding (DPO)	34.59	36.71	35.27	33.76	30.97	33.22	33.42	32.69	33.60	41.29	35.84
Cash Conversion Cycle (CCC)	86.03	84.35	93.66	99.40	92.84	121.24	139.80	133.92	129.53	173.74	178.90
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	211	265	265	265	224	254	273	307	392	405	405
Invested Capital Turnover	2.81	2.36	1.95	1.95	2.24	1.86	1.80	1.95	2.20	1.69	1.50
Increase / (Decrease) in Invested Capital	-18	54	0.66	-0.05	-41	30	19	34	85	12	0.51
Enterprise Value (EV)	703	757	710	850	919	892	1,016	1,712	1,723	1,300	1,275
Market Capitalization	875	781	696	854	964	903	1,041	1,743	1,723	1,351	1,350
Book Value per Share	$30.06	$25.22	$23.67	$25.26	$25.74	$24.87	$27.55	$31.03	$35.83	$41.39	$44.18
Tangible Book Value per Share	$24.64	$13.97	$12.00	$14.04	$17.18	$16.64	$19.11	$22.93	$28.05	$31.32	$34.11
Total Capital	383	406	369	387	393	384	414	454	509	571	596
Total Debt	0.00	117	117	117	116	116	116	116	116	115	115
Total Long-Term Debt	0.00	117	117	117	116	116	116	116	115	115	115
Net Debt	-172	-24	14	-4.64	-44	-11	-25	-31	-0.95	-51	-76
Capital Expenditures (CapEx)	18	15	11	8.86	11	23	17	27	16	19	29
Debt-free, Cash-free Net Working Capital (DFCFNWC)	86	86	86	79	90	104	105	131	200	185	177
Debt-free Net Working Capital (DFNWC)	258	227	189	201	251	232	246	278	316	352	368
Net Working Capital (NWC)	258	227	189	201	251	231	246	278	316	351	367
Net Nonoperating Expense (NNE)	-0.19	2.22	3.52	3.20	3.09	4.13	4.24	3.14	5.05	1.30	-2.05
Net Nonoperating Obligations (NNO)	-172	-24	14	-4.64	-53	-14	-25	-31	-0.95	-51	-76
Total Depreciation and Amortization (D&A)	15	16	17	17	17	14	19	19	20	19	21
Debt-free, Cash-free Net Working Capital to Revenue	13.89%	15.38%	16.62%	15.34%	16.50%	23.50%	22.08%	23.14%	25.93%	27.49%	29.11%
Debt-free Net Working Capital to Revenue	41.70%	40.57%	36.62%	38.82%	45.86%	52.15%	51.77%	48.99%	41.05%	52.16%	60.56%
Net Working Capital to Revenue	41.70%	40.53%	36.58%	38.78%	45.82%	52.10%	51.73%	48.95%	41.02%	52.13%	60.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.01	$2.23	$1.86	$2.17	$1.89	$0.20	$3.57	$3.91	$5.97	$6.58	$6.04
Adjusted Weighted Average Basic Shares Outstanding	12.83M	11.82M	10.91M	10.67M	10.74M	10.78M	10.82M	10.89M	10.97M	11.00M	10.98M
Adjusted Diluted Earnings per Share	$4.00	$2.22	$1.85	$2.17	$1.88	$0.20	$3.56	$3.88	$5.94	$6.54	$6.01
Adjusted Weighted Average Diluted Shares Outstanding	12.88M	11.86M	10.93M	10.69M	10.77M	10.81M	10.86M	10.99M	11.03M	11.06M	11.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.20M	11.29M	10.63M	10.70M	10.76M	10.79M	10.83M	10.91M	10.98M	11.01M	10.85M
Normalized Net Operating Profit after Tax (NOPAT)	51	29	24	26	23	4.28	43	46	71	74	64
Normalized NOPAT Margin	8.30%	5.09%	4.61%	5.09%	4.27%	0.96%	9.03%	8.05%	9.15%	10.93%	10.58%
Pre Tax Income Margin	12.73%	8.35%	5.67%	6.90%	6.18%	0.47%	10.29%	8.88%	11.40%	14.89%	13.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	417.72	18.56	7.03	8.26	7.87	0.94	10.85	11.38	21.44	26.76	23.84
NOPAT to Interest Expense	274.43	10.86	5.01	5.55	4.99	1.32	9.01	9.62	16.52	19.45	19.85
EBIT Less CapEx to Interest Expense	322.98	12.76	4.61	6.40	5.51	-3.93	7.18	5.80	17.78	21.81	14.88
NOPAT Less CapEx to Interest Expense	179.69	5.06	2.59	3.68	2.63	-3.55	5.33	4.04	12.87	14.50	10.89
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.76%	48.55%	60.41%	53.89%	64.14%	615.79%	35.32%	33.28%	22.30%	20.84%	23.33%
Augmented Payout Ratio	102.47%	416.80%	298.90%	53.89%	64.14%	615.79%	35.32%	33.28%	22.30%	20.84%	57.22%

This table displays calculated financial ratios and metrics derived from Lindsay's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q2 2026
Period end date	2/28/2023	5/31/2023	8/31/2023	11/30/2023	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025	2/28/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	10,454,669.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	10,454,669.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.15
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-16.94%	-23.20%	-12.13%	-8.40%	-8.86%	-15.41%	-7.26%	3.05%	23.46%	21.74%	-15.69%
EBITDA Growth	23.26%	-25.79%	-0.89%	-11.22%	-11.59%	-17.94%	-33.84%	3.22%	34.44%	14.51%	-63.36%
EBIT Growth	29.98%	-28.66%	0.69%	-15.23%	-15.41%	-23.16%	-42.67%	3.54%	42.92%	19.21%	-57.25%
NOPAT Growth	37.51%	-28.68%	-14.41%	-19.24%	-7.75%	13.88%	-37.23%	7.91%	45.67%	-10.41%	-60.82%
Net Income Growth	23.93%	-32.67%	7.25%	-17.56%	0.39%	20.72%	-33.77%	14.28%	46.64%	-4.31%	-54.68%
EPS Growth	23.48%	-32.89%	6.79%	-17.58%	0.61%	20.92%	-32.95%	15.44%	48.78%	-3.78%	-52.87%
Operating Cash Flow Growth	127.46%	369.74%	116.35%	367.15%	-403.78%	-40.50%	-12.27%	-1.23%	226.10%	14.68%	0.00%
Free Cash Flow Firm Growth	43.42%	116.34%	108.96%	137.75%	103.70%	-238.23%	89.03%	-27.40%	2,775.83%	346.37%	-46.58%
Invested Capital Growth	14.01%	1.79%	3.14%	-0.77%	3.80%	8.51%	0.13%	0.74%	-2.31%	-4.02%	-2.10%
Revenue Q/Q Growth	-5.63%	-1.02%	1.57%	-3.45%	-6.10%	-8.13%	11.35%	7.28%	12.50%	-9.41%	0.00%
EBITDA Q/Q Growth	5.76%	-1.07%	-4.54%	-11.11%	5.32%	-8.17%	-23.04%	38.70%	37.16%	-21.78%	0.00%
EBIT Q/Q Growth	7.09%	-1.07%	-5.55%	-15.29%	6.86%	-10.13%	-29.53%	52.99%	47.50%	-25.04%	0.00%
NOPAT Q/Q Growth	2.46%	-7.54%	2.00%	-16.43%	17.04%	14.14%	-43.78%	43.67%	58.01%	-29.80%	0.00%
Net Income Q/Q Growth	-0.91%	-6.49%	13.91%	-21.89%	20.67%	12.45%	-37.50%	34.77%	54.84%	-26.63%	0.00%
EPS Q/Q Growth	-1.21%	-6.14%	13.07%	-21.39%	20.59%	12.80%	-37.30%	35.34%	55.41%	-27.05%	0.00%
Operating Cash Flow Q/Q Growth	-31.55%	1,500.03%	18.05%	-63.87%	-144.51%	413.41%	74.05%	-59.32%	-43.17%	185.04%	0.00%
Free Cash Flow Firm Q/Q Growth	29.89%	131.06%	-45.64%	218.82%	-93.13%	-1,261.43%	174.34%	22.45%	171.99%	-0.50%	0.00%
Invested Capital Q/Q Growth	5.27%	-5.44%	-0.76%	0.45%	10.12%	-1.15%	-8.43%	1.07%	6.79%	-2.89%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.64%	32.34%	31.42%	30.93%	32.31%	33.40%	29.48%	30.05%	33.40%	31.64%	26.85%
EBITDA Margin	18.71%	18.70%	17.58%	16.18%	18.15%	18.14%	12.54%	16.21%	19.76%	17.06%	8.61%
Operating Margin	16.40%	16.38%	13.98%	13.06%	14.58%	14.32%	8.71%	12.56%	17.17%	14.04%	8.25%
EBIT Margin	15.81%	15.80%	14.69%	12.89%	14.67%	14.35%	9.08%	12.95%	16.99%	14.05%	8.61%
Profit (Net Income) Margin	10.86%	10.26%	11.51%	9.31%	11.96%	14.64%	8.22%	10.32%	14.21%	11.51%	7.64%
Tax Burden Percent	70.15%	65.60%	77.21%	71.54%	79.85%	101.02%	83.87%	77.90%	80.01%	75.83%	77.38%
Interest Burden Percent	97.91%	98.97%	101.41%	100.92%	102.09%	100.97%	107.85%	102.29%	104.54%	107.96%	114.61%
Effective Tax Rate	29.85%	34.40%	22.79%	28.46%	20.15%	-1.02%	16.13%	22.10%	19.99%	24.17%	22.62%
Return on Invested Capital (ROIC)	21.23%	18.53%	18.25%	15.09%	17.08%	21.07%	10.95%	14.67%	20.11%	16.64%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	14.25%	36.33%	13.67%	15.30%	13.44%	20.35%	8.72%	13.38%	18.58%	14.58%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.56%	-0.40%	-0.83%	-0.97%	-0.39%	-1.47%	-1.18%	-1.95%	-2.13%	-2.05%	0.00%
Return on Equity (ROE)	21.79%	18.13%	17.42%	14.12%	16.69%	19.60%	9.77%	12.72%	17.98%	14.60%	0.00%
Cash Return on Invested Capital (CROIC)	7.54%	17.14%	15.40%	17.95%	11.89%	8.51%	15.73%	15.25%	18.90%	20.56%	0.00%
Operating Return on Assets (OROA)	17.04%	15.35%	13.60%	11.55%	12.83%	12.00%	7.32%	10.33%	13.93%	11.92%	0.00%
Return on Assets (ROA)	11.71%	9.96%	10.65%	8.34%	10.46%	12.24%	6.63%	8.23%	11.65%	9.76%	0.00%
Return on Common Equity (ROCE)	21.79%	18.13%	17.42%	14.12%	16.69%	19.60%	9.77%	12.72%	17.98%	14.60%	0.00%
Return on Equity Simple (ROE_SIMPLE)	18.77%	16.27%	0.00%	14.82%	14.34%	15.16%	0.00%	14.00%	14.88%	14.37%	0.00%
Net Operating Profit after Tax (NOPAT)	19	18	18	15	18	20	11	16	26	18	10
NOPAT Margin	11.51%	10.75%	10.79%	9.34%	11.65%	14.47%	7.31%	9.78%	13.74%	10.65%	6.38%
Net Nonoperating Expense Percent (NNEP)	6.98%	-17.80%	4.59%	-0.20%	3.64%	0.72%	2.23%	1.29%	1.53%	2.06%	2.49%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	2.59%	2.95%	-	-	2.69%	4.07%	2.80%	1.62%
Cost of Revenue to Revenue	67.36%	67.66%	68.58%	69.07%	67.69%	66.60%	70.52%	69.95%	66.60%	68.36%	73.15%
SG&A Expenses to Revenue	13.52%	13.21%	14.53%	15.17%	15.16%	16.00%	17.81%	15.17%	14.01%	14.82%	16.02%
R&D to Revenue	2.72%	2.75%	2.91%	2.70%	2.57%	3.08%	2.96%	2.32%	2.22%	2.78%	2.58%
Operating Expenses to Revenue	16.24%	15.96%	17.44%	17.87%	17.72%	19.08%	20.77%	17.49%	16.23%	17.60%	18.60%
Earnings before Interest and Taxes (EBIT)	26	26	25	21	22	20	14	22	32	24	14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	31	31	29	26	27	25	19	27	37	29	14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.86	2.93	2.96	2.78	2.69	2.63	2.81	2.95	2.78	2.86	2.77
Price to Tangible Book Value (P/TBV)	4.82	3.63	3.92	3.65	3.49	3.41	3.64	3.79	3.52	3.60	3.52
Price to Revenue (P/Rev)	2.18	1.83	2.00	1.97	2.02	2.04	2.22	2.35	2.22	2.23	0.00
Price to Earnings (P/E)	20.54	17.98	18.66	18.77	18.79	17.37	20.38	21.05	18.68	19.94	0.00
Dividend Yield	0.91%	1.17%	1.12%	1.17%	1.18%	1.22%	1.14%	1.07%	1.08%	1.03%	1.09%
Earnings Yield	4.87%	5.56%	5.36%	5.33%	5.32%	5.76%	4.91%	4.75%	5.35%	5.02%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.80	3.06	3.21	3.05	2.83	2.77	3.15	3.32	3.10	3.32	3.10
Enterprise Value to Revenue (EV/Rev)	2.19	1.79	1.93	1.88	1.96	1.98	2.10	2.22	2.10	2.08	0.00
Enterprise Value to EBITDA (EV/EBITDA)	12.44	10.33	10.77	10.55	11.13	11.33	12.97	13.73	12.49	12.56	0.00
Enterprise Value to EBIT (EV/EBIT)	14.66	12.34	12.82	12.68	13.52	14.00	16.53	17.49	15.53	15.47	0.00
Enterprise Value to NOPAT (EV/NOPAT)	19.60	16.34	17.64	17.66	18.44	17.30	19.85	20.86	18.50	19.77	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	35.00	14.34	10.86	9.04	10.21	11.88	13.31	14.25	11.55	11.56	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	53.61	18.03	21.18	16.90	24.22	33.89	20.01	21.87	16.22	15.82	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.27	0.26	0.25	0.25	0.24	0.24	0.24	0.24	0.22	0.22	0.23
Long-Term Debt to Equity	0.27	0.26	0.25	0.25	0.24	0.24	0.24	0.24	0.22	0.22	0.23
Financial Leverage	0.04	-0.01	-0.06	-0.06	-0.03	-0.07	-0.14	-0.15	-0.11	-0.14	-0.15
Leverage Ratio	1.78	1.76	1.72	1.69	1.63	1.62	1.61	1.61	1.58	1.59	1.61
Compound Leverage Factor	1.74	1.74	1.74	1.70	1.66	1.63	1.73	1.64	1.65	1.71	1.85
Debt to Total Capital	21.47%	20.90%	20.21%	19.81%	19.27%	19.36%	19.33%	19.08%	18.23%	17.87%	18.46%
Short-Term Debt to Total Capital	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.02%
Long-Term Debt to Total Capital	21.43%	20.86%	20.17%	19.77%	19.23%	19.32%	19.29%	19.04%	18.19%	17.84%	18.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.53%	79.10%	79.79%	80.19%	80.73%	80.64%	80.67%	80.92%	81.77%	82.13%	81.54%
Debt to EBITDA	0.88	0.95	0.96	0.98	1.01	1.06	1.17	1.16	1.06	1.03	0.00
Net Debt to EBITDA	0.07	-0.24	-0.42	-0.51	-0.31	-0.35	-0.77	-0.80	-0.73	-0.93	0.00
Long-Term Debt to EBITDA	0.88	0.95	0.95	0.98	1.01	1.06	1.17	1.16	1.06	1.02	0.00
Debt to NOPAT	1.38	1.51	1.57	1.65	1.68	1.63	1.79	1.76	1.57	1.61	0.00
Net Debt to NOPAT	0.11	-0.38	-0.69	-0.86	-0.51	-0.53	-1.18	-1.21	-1.08	-1.46	0.00
Long-Term Debt to NOPAT	1.38	1.51	1.56	1.64	1.68	1.62	1.79	1.76	1.57	1.61	0.00
Altman Z-Score	6.37	5.55	5.57	5.33	5.50	5.46	5.61	5.80	5.62	5.61	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.62	3.69	3.58	3.53	3.87	3.95	3.92	3.87	3.64	3.64	3.02
Quick Ratio	2.06	2.24	2.29	2.24	2.35	2.32	2.44	2.43	2.36	2.39	1.94
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-34	11	5.72	18	1.25	-15	11	13	36	36	19
Operating Cash Flow to CapEx	93.60%	846.08%	1,102.31%	315.11%	-82.29%	641.86%	974.16%	236.31%	125.58%	374.95%	0.00%
Free Cash Flow to Firm to Interest Expense	-32.64	11.10	6.41	20.80	1.51	-18.97	14.23	17.61	89.62	103.90	0.00
Operating Cash Flow to Interest Expense	3.09	54.09	67.79	24.94	-11.73	39.78	69.88	28.73	30.54	101.43	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.21	47.70	61.64	17.03	-25.99	33.59	62.71	16.57	6.22	74.38	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.08	0.97	0.93	0.90	0.87	0.84	0.81	0.80	0.82	0.85	0.00
Accounts Receivable Turnover	4.95	4.50	4.76	4.39	4.02	4.29	4.65	4.64	4.19	4.80	0.00
Inventory Turnover	2.85	2.65	2.64	2.55	2.54	2.49	2.68	2.61	2.75	2.89	0.00
Fixed Asset Turnover	8.03	7.28	6.94	6.68	6.30	5.94	5.71	5.52	5.50	5.60	0.00
Accounts Payable Turnover	8.18	8.37	8.84	8.11	8.72	10.91	10.18	7.98	8.39	11.36	0.00
Days Sales Outstanding (DSO)	73.72	81.07	76.61	83.09	90.78	85.07	78.58	78.70	87.11	76.01	0.00
Days Inventory Outstanding (DIO)	128.27	137.89	138.42	143.17	143.54	146.53	136.16	139.80	132.66	126.09	0.00
Days Payable Outstanding (DPO)	44.63	43.60	41.29	44.99	41.85	33.47	35.84	45.71	43.48	32.14	0.00
Cash Conversion Cycle (CCC)	157.37	175.36	173.74	181.28	192.47	198.12	178.90	172.79	176.29	169.97	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	431	408	405	407	448	443	405	410	437	425	428
Invested Capital Turnover	1.85	1.72	1.69	1.62	1.47	1.46	1.50	1.50	1.46	1.56	0.00
Increase / (Decrease) in Invested Capital	53	7.16	12	-3.17	16	35	0.51	3.02	-10	-18	-9.18
Enterprise Value (EV)	1,637	1,249	1,300	1,238	1,266	1,226	1,275	1,361	1,357	1,411	1,329
Market Capitalization	1,628	1,278	1,351	1,298	1,301	1,264	1,350	1,440	1,436	1,515	1,408
Book Value per Share	$38.36	$39.68	$41.39	$42.40	$43.79	$43.48	$44.18	$45.03	$47.52	$48.67	$48.57
Tangible Book Value per Share	$30.67	$32.02	$31.32	$32.32	$33.78	$33.54	$34.11	$35.03	$37.58	$38.73	$38.28
Total Capital	538	552	571	582	598	595	596	604	632	644	623
Total Debt	115	115	115	115	115	115	115	115	115	115	115
Total Long-Term Debt	115	115	115	115	115	115	115	115	115	115	115
Net Debt	9.04	-29	-51	-60	-35	-37	-76	-79	-79	-104	-80
Capital Expenditures (CapEx)	3.42	6.06	5.49	6.94	12	4.75	5.45	9.14	9.78	9.33	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	241	214	185	184	221	212	177	178	195	186	148
Debt-free Net Working Capital (DFNWC)	348	358	352	360	372	365	368	373	382	397	334
Net Working Capital (NWC)	347	358	351	359	371	365	367	372	382	397	334
Net Nonoperating Expense (NNE)	1.07	0.80	-1.19	0.06	-0.48	-0.24	-1.41	-0.90	-0.87	-1.46	-1.98
Net Nonoperating Obligations (NNO)	9.04	-29	-51	-60	-35	-37	-76	-79	-79	-104	-80
Total Depreciation and Amortization (D&A)	4.82	4.77	4.82	5.31	5.27	5.27	5.35	5.41	5.20	5.10	0.00
Debt-free, Cash-free Net Working Capital to Revenue	32.28%	30.70%	27.49%	27.89%	34.29%	34.32%	29.11%	29.16%	30.16%	27.51%	0.00%
Debt-free Net Working Capital to Revenue	46.54%	51.41%	52.16%	54.54%	57.66%	58.98%	60.56%	60.87%	59.00%	58.61%	0.00%
Net Working Capital to Revenue	46.51%	51.38%	52.13%	54.50%	57.63%	58.94%	60.52%	60.83%	58.96%	58.57%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.64	$1.53	$1.75	$1.36	$1.64	$1.85	$1.19	$1.58	$2.45	$1.80	$1.15
Adjusted Weighted Average Basic Shares Outstanding	11.01M	11.01M	11.00M	11.02M	11.03M	11.00M	10.98M	10.85M	10.86M	10.86M	10.45M
Adjusted Diluted Earnings per Share	$1.63	$1.53	$1.73	$1.36	$1.64	$1.85	$1.16	$1.57	$2.44	$1.78	$1.15
Adjusted Weighted Average Diluted Shares Outstanding	11.06M	11.05M	11.06M	11.06M	11.07M	11.03M	11.02M	10.90M	10.91M	10.93M	10.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.01M	11.01M	11.01M	11.03M	11.04M	10.89M	10.85M	10.87M	10.87M	10.86M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	19	18	18	15	18	14	11	16	26	18	10
Normalized NOPAT Margin	11.51%	10.75%	10.79%	9.34%	11.65%	10.03%	7.31%	9.78%	13.74%	10.65%	6.38%
Pre Tax Income Margin	15.48%	15.64%	14.90%	13.01%	14.98%	14.49%	9.80%	13.25%	17.76%	15.17%	9.87%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	25.32	27.43	27.50	23.72	26.79	26.05	18.53	28.64	79.04	69.03	0.00
NOPAT to Interest Expense	18.43	18.65	20.20	17.19	21.26	26.26	14.90	21.63	63.94	52.30	0.00
EBIT Less CapEx to Interest Expense	22.02	21.03	21.35	15.81	12.53	19.85	11.35	16.49	54.72	41.98	0.00
NOPAT Less CapEx to Interest Expense	15.13	12.26	14.05	9.28	7.00	20.06	7.72	9.48	39.62	25.25	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.72%	21.05%	20.84%	21.97%	22.12%	21.18%	23.33%	22.68%	20.25%	20.58%	0.00%
Augmented Payout Ratio	18.72%	21.05%	20.84%	21.97%	22.12%	21.18%	57.22%	22.68%	51.32%	30.10%	0.00%

Financials Breakdown Chart

Key Financial Trends

Here are key trends for Lindsay Corp (LNN) drawn from the most recent four years of quarterly statements. The bullets highlight points that could influence the stock's risk and return profile for retail investors.

Strong liquidity: The company shows a robust current ratio around 3x in recent quarters (examples: Q2 2026 current assets about $499.2M vs. current liabilities $165.3M; ratio ≈ 3.02x).
Solid cash on hand: Cash & equivalents remain substantial, with about $186.1M in Q2 2026 (vs. about $199.6M in Q1 2025 and $196.1M in Q3 2025 in nearby periods).
Consistent operating cash flow in recent quarters: Net cash from continuing operating activities has been positive, including roughly $35.0M in Q3 2025 and $60.5M in Q4 2024, indicating meaningful cash generation from core operations.
Growing retained earnings: Retained earnings have risen to around $766.2M by Q2 2026 (vs. about $738.6M in Q3 2025), signaling ongoing profitability retained in the business.
Revenue fluctuates within a mid-single-digit range: Latest quarterly revenue is around $157.7M (Q2 2026) after about $169–187M in recent prior quarters, reflecting cyclicality or timing effects rather than a clear growth trajectory.
Debt and leverage remain moderate and steady: Long-term debt sits around $114–115M in recent periods, and total liabilities are in the low-to-mid $300M range, with equity near $400M–$530M, indicating a balanced capital structure.
Gross margin compression in Q2 2026: Gross margin fell to about 26.8% (Gross Profit ≈ $42.3M on revenue ≈ $157.7M) from about 33%+ in the prior year quarter, signaling margin pressure.
Earnings per share declined in the latest quarter: Basic and diluted EPS dropped to about $1.15 in Q2 2026 from roughly $2.45 in Q2 2025, reflecting the margin compression and cost dynamics.
Net income to common shareholders faded vs. prior year: About $12.0M in Q2 2026 vs. roughly $26.6M in Q2 2025, indicating a material year-over-year decline in quarterly profitability.
Near-term revenue and margin softness may challenge near-term equity value: The combination of lower revenue, thinner margins, and lower quarterly earnings could weigh on near-term performance and investor sentiment.

05/25/26 04:28 AM ETAI Generated. May Contain Errors.

Lindsay Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Lindsay's financial year ends in August. Their financial year 2024 ended on August 31, 2024.

Lindsay's net income appears to be on an upward trend, with a most recent value of $66.26 million in 2024, rising from $51.51 million in 2014. The previous period was $72.38 million in 2023. Find out what analysts predict for Lindsay in the coming months.

Lindsay's total operating income in 2024 was $76.61 million, based on the following breakdown:

Total Gross Profit: $191.06 million
Total Operating Expenses: $114.45 million

Over the last 10 years, Lindsay's total revenue changed from $617.93 million in 2014 to $607.07 million in 2024, a change of -1.8%.

Lindsay's total liabilities were at $307.99 million at the end of 2025, which was unchanged from 2024, and a 24.2% increase since 2015.

In the past 10 years, Lindsay's cash and equivalents has ranged from $101.25 million in 2016 to $250.58 million in 2024, and is currently $250.58 million as of their latest financial filing in 2025.

Over the last 10 years, Lindsay's book value per share changed from 30.06 in 2014 to 44.18 in 2024, a change of 47.0%.

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Financial statements for NYSE:LNN last updated on 4/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Lindsay (LNN) Financials

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Lindsay (LNN) Financials

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