LNN
Lindsay Corporation
NYSE: LNN · INDUSTRIALS · FARM & HEAVY CONSTRUCTION MACHINERY
$111.97
+2.01% today
Updated 2026-04-30
Market cap
$1.17B
P/E ratio
20.47
P/S ratio
1.84x
EPS (TTM)
$5.47
Dividend yield
1.34%
52W range
$97 – $150
Volume
0.2M
Lindsay Corporation (LNN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $226.00M | $281.86M | $475.09M | $336.23M | $358.44M | $478.89M | $551.25M | $690.85M | $617.93M | $560.18M | $516.41M | $517.99M | $547.71M | $444.07M | $474.69M | $567.65M | $770.74M | $674.08M | $607.07M | $676.37M |
| Revenue growth (YoY) | — | +24.7% | +68.6% | -29.2% | +6.6% | +33.6% | +15.1% | +25.3% | -10.6% | -9.3% | -7.8% | +0.3% | +5.7% | -18.9% | +6.9% | +19.6% | +35.8% | -12.5% | -9.9% | +11.4% |
| Cost of revenue | $177.76M | $212.13M | $351.25M | $255.60M | $259.54M | $349.11M | $402.74M | $496.01M | $446.94M | $403.86M | $367.80M | $372.97M | $396.24M | $329.46M | $322.15M | $417.44M | $571.57M | $461.07M | $416.02M | $465.59M |
| Gross profit | $48.24M | $69.73M | $123.83M | $80.63M | $98.90M | $129.78M | $148.52M | $194.83M | $171.00M | $156.32M | $148.61M | $145.01M | $151.46M | $114.61M | $152.54M | $150.21M | $199.18M | $213.01M | $191.06M | $210.78M |
| Gross margin | 21.3% | 24.7% | 26.1% | 24.0% | 27.6% | 27.1% | 26.9% | 28.2% | 27.7% | 27.9% | 28.8% | 28.0% | 27.7% | 25.8% | 32.1% | 26.5% | 25.8% | 31.6% | 31.5% | 31.2% |
| R&D | $2.74M | $4.68M | $6.41M | $6.04M | $7.79M | $10.40M | $9.48M | $11.39M | $11.13M | $12.85M | $15.85M | $17.15M | $16.05M | $13.94M | $13.95M | $13.36M | $15.14M | $18.22M | $17.12M | $17.93M |
| SG&A | $30.00M | $41.29M | $55.19M | $29.82M | $30.20M | $34.95M | $45.42M | $43.44M | $43.23M | $52.26M | $56.42M | $46.96M | $55.96M | $63.74M | $52.95M | $51.92M | $55.47M | $56.41M | $57.42M | $62.99M |
| Operating income | $15.50M | $23.76M | $62.24M | $22.42M | $37.84M | $56.59M | $65.51M | $107.06M | $78.36M | $50.70M | $34.38M | $40.20M | $38.56M | $6.12M | $54.20M | $54.11M | $94.64M | $102.18M | $76.61M | $88.12M |
| Operating margin | 6.9% | 8.4% | 13.1% | 6.7% | 10.6% | 11.8% | 11.9% | 15.5% | 12.7% | 9.0% | 6.7% | 7.8% | 7.0% | 1.4% | 11.4% | 9.5% | 12.3% | 15.2% | 12.6% | 13.0% |
| EBITDA | $15.50M | $23.76M | $73.40M | $31.69M | $47.49M | $68.45M | $78.07M | $120.21M | $93.64M | $65.79M | $50.92M | $57.15M | $55.53M | $20.89M | $73.00M | $74.31M | $107.64M | $123.44M | $99.98M | $117.31M |
| EBITDA margin | 6.9% | 8.4% | 15.4% | 9.4% | 13.2% | 14.3% | 14.2% | 17.4% | 15.2% | 11.7% | 9.9% | 11.0% | 10.1% | 4.7% | 15.4% | 13.1% | 14.0% | 18.3% | 16.5% | 17.3% |
| EBIT | $11.22M | $16.56M | $64.16M | $21.25M | $36.78M | $56.72M | $65.60M | $107.61M | $78.84M | $49.38M | $34.04M | $40.47M | $39.01M | $6.87M | $53.60M | $55.14M | $92.14M | $104.16M | $82.28M | $96.42M |
| Interest expense | $0.00 | $2.40M | $3.04M | $2.03M | $1.56M | $762000.00 | $492000.00 | $304000.00 | $187000.00 | $2.63M | $4.75M | $4.76M | $4.69M | $4.77M | $4.76M | $4.75M | $4.27M | $3.79M | $3.23M | $1.83M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $11.70M | $15.62M | $39.41M | $13.82M | $24.86M | $36.80M | $43.28M | $70.57M | $51.51M | $26.31M | $20.27M | $23.18M | $20.28M | $2.17M | $38.63M | $42.57M | $65.47M | $72.38M | $66.26M | $74.05M |
| Net income growth (YoY) | — | +33.5% | +152.3% | -64.9% | +79.9% | +48.0% | +17.6% | +63.1% | -27.0% | -48.9% | -23.0% | +14.4% | -12.5% | -89.3% | +1678.5% | +10.2% | +53.8% | +10.6% | -8.5% | +11.8% |
| Profit margin | 5.2% | 5.5% | 8.3% | 4.1% | 6.9% | 7.7% | 7.9% | 10.2% | 8.3% | 4.7% | 3.9% | 4.5% | 3.7% | 0.5% | 8.1% | 7.5% | 8.5% | 10.7% | 10.9% | 10.9% |