Lindsay (LNN) Financials

$128.63 +1.19 (+0.93%)

As of 02:59 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
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	10.85M
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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Income / (Loss) Attributable to Common Shareholders	18	18	18	17	19	15	18	20	13	17	27
Consolidated Net Income / (Loss)	18	18	18	17	19	15	18	20	13	17	27
Net Income / (Loss) Continuing Operations	18	18	18	17	19	15	18	20	13	17	27
Total Pre-Tax Income	24	24	26	26	25	21	23	20	15	22	33
Total Operating Income	28	25	27	27	23	21	22	20	14	21	32
Total Gross Profit	57	53	54	53	53	50	49	46	46	50	62
Total Revenue	190	176	166	165	167	161	152	139	155	166	187
Operating Revenue	190	176	166	165	167	161	152	139	155	166	187
Total Cost of Revenue	133	123	112	111	115	111	103	93	109	116	125
Operating Cost of Revenue	133	123	112	111	115	111	103	93	109	116	125
Total Operating Expenses	29	28	27	26	29	29	27	27	32	29	30
Selling, General & Admin Expense	25	24	22	22	24	24	23	22	28	25	26
Research & Development Expense	4.56	4.31	4.52	4.52	4.87	4.35	3.89	4.29	4.59	3.86	4.16
Total Other Income / (Expense), net	-4.15	-0.59	-1.53	-1.23	1.54	-0.08	0.60	0.24	1.69	1.15	1.09
Interest Expense	0.92	0.91	1.04	0.95	0.89	0.88	0.83	0.77	0.76	0.75	0.40
Interest & Investment Income	0.17	0.37	0.49	0.68	1.24	1.07	1.30	0.96	1.87	1.25	1.84
Other Income / (Expense), net	-3.39	-0.06	-0.98	-0.96	1.19	-0.27	0.13	0.04	0.58	0.66	-0.35
Income Tax Expense	5.70	5.79	7.68	8.85	5.68	5.98	4.57	-0.21	2.45	4.87	6.64
Basic Earnings per Share	$1.64	$1.66	$1.64	$1.53	$1.75	$1.36	$1.64	$1.85	$1.19	$1.58	$2.45
Weighted Average Basic Shares Outstanding	10.97M	10.99M	11.01M	11.01M	11.00M	11.02M	11.03M	11.00M	10.98M	10.85M	10.86M
Diluted Earnings per Share	$1.62	$1.65	$1.63	$1.53	$1.73	$1.36	$1.64	$1.85	$1.16	$1.57	$2.44
Weighted Average Diluted Shares Outstanding	11.03M	11.07M	11.06M	11.05M	11.06M	11.06M	11.07M	11.03M	11.02M	10.90M	10.91M
Weighted Average Basic & Diluted Shares Outstanding	10.98M	11.01M	11.01M	11.01M	11.01M	11.03M	11.04M	10.89M	10.85M	10.87M	10.87M
Cash Dividends to Common per Share	$0.34	$0.34	$0.34	$0.34	$0.35	$0.35	$0.35	$0.35	$0.36	$0.36	$0.36

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
Net Change in Cash & Equivalents	20	-33	-38	20	41	-34	-5.80	5.70	-22	56	30
Net Cash From Operating Activities	92	49	33	39	34	3.80	46	44	3.05	120	96
Net Cash From Continuing Operating Activities	92	49	33	39	34	3.80	46	44	3.05	120	96
Net Income / (Loss) Continuing Operations	52	26	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
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	6.57
Changes in Operating Assets and Liabilities, net	20	-7.54	-6.33	-4.06	-11	-20	-20	-22	-92	18	1.74
Net Cash From Investing Activities	-18	-80	-9.90	-9.98	18	-21	-39	-28	-8.95	-47	-26
Net Cash From Continuing Investing Activities	-18	-80	-9.90	-9.98	18	-21	-39	-28	-8.95	-47	-26
Purchase of Property, Plant & Equipment	-18	-15	-11	-8.86	-11	-23	-21	-27	-16	-19	-29
Acquisitions	-	-70	-	-	0.00	0.00	-3.03	0.00	0.00	-31	0.00
Purchase of Investments	-2.04	-1.20	-2.92	-3.47	-3.09	0.00	-28	-19	-18	-4.93	-19
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	25
Other Investing Activities, net	0.03	-1.09	1.14	0.23	0.08	1.99	1.50	-0.58	-0.86	-3.85	-2.76
Net Cash From Financing Activities	-54	3.30	-61	-10	-11	-15	-13	-12	-13	-17	-39
Net Cash From Continuing Financing Activities	-54	3.30	-61	-10	-11	-15	-13	-12	-13	-17	-39
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	-22
Payment of Dividends	-12	-13	-12	-12	-13	-13	-14	-14	-15	-15	-15
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	-1.10
Other Net Changes in Cash	-	-	-	1.21	-	-1.52	0.12	-	-3.47	0.72	-1.06
Cash Interest Paid	0.23	2.45	4.67	4.70	4.63	4.67	4.67	4.64	3.81	3.91	3.32
Cash Income Taxes Paid	26	27	18	16	11	7.89	7.31	6.81	16	20	22

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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Change in Cash & Equivalents	23	-5.88	-1.49	34	29	-1.37	-26	6.81	51	3.19	-22
Net Cash From Operating Activities	28	4.68	3.21	51	61	22	-9.74	31	53	22	12
Net Cash From Continuing Operating Activities	28	4.68	3.21	51	61	22	-9.74	31	53	22	12
Net Income / (Loss) Continuing Operations	18	18	18	17	19	15	18	20	13	17	27
Consolidated Net Income / (Loss)	18	18	18	17	19	15	18	20	13	17	27
Depreciation Expense	5.25	4.87	4.82	4.77	4.82	5.31	5.27	5.27	5.35	5.41	5.20
Non-Cash Adjustments To Reconcile Net Income	4.64	2.38	2.77	3.22	1.73	1.83	1.81	1.86	1.06	1.31	2.05
Changes in Operating Assets and Liabilities, net	0.16	-21	-22	26	35	-0.28	-35	3.00	34	-2.28	-22
Net Cash From Investing Activities	1.10	-4.18	-1.53	-13	-28	-18	-13	-1.56	6.45	-8.81	-30
Net Cash From Continuing Investing Activities	1.10	-4.18	-1.53	-13	-28	-18	-13	-1.56	6.45	-8.81	-30
Purchase of Property, Plant & Equipment	-3.37	-3.80	-3.42	-6.06	-5.49	-6.94	-12	-4.75	-5.45	-9.14	-9.78
Purchase of Investments	-	0.00	-	-4.93	-	-13	-2.05	-	-3.79	-0.10	-15
Other Investing Activities, net	2.10	-0.38	-0.83	-3.19	0.55	-0.59	0.05	-1.60	-0.62	-0.40	-0.16
Net Cash From Financing Activities	-3.70	-6.17	-3.66	-3.69	-3.78	-5.38	-3.21	-22	-8.40	-5.31	-4.48
Net Cash From Continuing Financing Activities	-3.70	-6.17	-3.66	-3.69	-3.78	-5.38	-3.21	-22	-8.40	-5.31	-4.48
Repayment of Debt	0.36	0.04	0.09	0.05	0.04	0.06	0.17	0.08	0.06	0.05	0.20
Payment of Dividends	-3.73	-3.74	-3.74	-3.74	-3.85	-3.86	-3.86	-3.83	-3.90	-3.91	-3.91
Other Financing Activities, net	-	-2.47	-	-	0.03	-1.58	0.48	-	-	-1.45	0.67
Effect of Exchange Rate Changes	-	-0.21	0.49	-	-	-	-	-0.50	-	-4.30	0.60

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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	527	536	488	506	500	500	571	637	711	746	760
Total Current Assets	374	322	277	293	331	313	348	416	477	487	493
Cash & Equivalents	172	139	101	122	161	127	121	127	105	161	191
Short-Term Investments	-	-	-	-	-	0.00	20	20	11	5.56	0.00
Accounts Receivable	94	74	81	74	69	76	85	94	138	145	117
Inventories, net	72	75	75	86	79	92	105	145	194	156	154
Other Current Assets	15	11	14	6.93	11	16	18	31	29	20	31
Plant, Property, & Equipment, net	72	79	78	74	57	69	80	92	94	100	113
Plant, Property & Equipment, gross	-	-	-	-	-	-	-	-	-	-	281
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	168
Total Noncurrent Assets	80	136	133	139	112	118	143	129	139	158	154
Long-Term Investments	-	-	-	-	-	-	-	-	-	-	0.00
Goodwill	37	77	77	77	65	64	68	68	67	83	84
Intangible Assets	32	52	47	43	27	24	23	20	18	28	25
Noncurrent Deferred & Refundable Income Taxes	-	-	4.23	5.31	6.65	12	9.94	8.11	9.31	11	14
Other Noncurrent Operating Assets	11	6.92	4.89	13	13	17	42	33	44	37	30
Total Liabilities & Shareholders' Equity	527	536	488	506	500	500	571	637	711	746	760
Total Liabilities	144	248	236	236	223	232	272	299	317	290	279
Total Current Liabilities	116	95	88	92	80	82	102	138	161	136	126
Short-Term Debt	-	0.19	0.20	0.20	0.21	0.21	0.20	0.22	0.22	0.23	0.23
Accounts Payable	42	39	32	37	31	29	30	45	60	44	37
Other Current Liabilities	74	56	55	55	47	52	73	93	101	92	88
Total Noncurrent Liabilities	28	153	148	144	143	150	170	161	156	154	154
Long-Term Debt	-	117	117	117	116	116	116	116	115	115	115
Noncurrent Deferred & Payable Income Tax Liabilities	13	19	1.22	1.19	1.08	0.87	0.89	0.83	1.05	0.69	0.68
Noncurrent Employee Benefit Liabilities	6.60	6.57	6.87	6.30	5.87	6.03	6.37	5.75	4.89	4.38	4.17
Other Noncurrent Operating Liabilities	7.95	10	23	20	20	27	47	38	35	34	34
Total Equity & Noncontrolling Interests	383	289	252	270	277	268	299	338	393	456	481
Total Preferred & Common Equity	383	289	252	270	277	268	299	338	393	456	481
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	383	289	252	270	277	268	299	338	393	456	481
Common Stock	72	74	76	82	87	91	97	105	113	118	123
Retained Earnings	445	459	467	478	485	475	500	528	579	636	687
Treasury Stock	-132	-229	-277	-277	-277	-277	-277	-277	-277	-277	-300
Accumulated Other Comprehensive Income / (Loss)	-2.20	-15	-14	-12	-18	-20	-21	-18	-21	-21	-30

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
Total Assets	712	708	709	724	764	765	758	771	814
Total Current Assets	475	481	480	491	501	501	489	502	527
Cash & Equivalents	82	99	98	132	159	133	140	194	172
Short-Term Investments	14	11	8.76	13	16	17	12	0.00	15
Accounts Receivable	156	157	167	154	143	154	134	121	155
Inventories, net	196	188	179	167	164	167	172	158	155
Other Current Assets	29	25	28	26	18	29	30	29	30
Plant, Property, & Equipment, net	94	94	94	97	104	111	112	118	125
Plant, Property & Equipment, gross	239	243	246	253	265	275	278	287	296
Accumulated Depreciation	145	149	153	156	162	165	166	169	171
Total Noncurrent Assets	142	133	135	135	159	154	158	151	163
Long-Term Investments	-	-	-	-	-	0.00	-	-	7.45
Goodwill	67	67	67	67	84	84	84	84	84
Intangible Assets	19	18	17	17	27	26	26	25	24
Noncurrent Deferred & Refundable Income Taxes	7.86	8.12	9.52	12	13	9.20	13	12	12
Other Noncurrent Operating Assets	48	40	41	40	35	34	35	30	35
Total Liabilities & Shareholders' Equity	712	708	709	724	764	765	758	771	814
Total Liabilities	331	304	287	287	297	282	278	283	298
Total Current Liabilities	174	149	133	133	142	129	124	130	145
Short-Term Debt	0.22	0.22	0.22	0.23	0.23	0.23	0.23	0.23	0.23
Accounts Payable	72	59	53	42	52	48	35	53	58
Other Current Liabilities	101	90	80	91	90	81	88	76	87
Total Noncurrent Liabilities	157	155	154	154	155	153	154	153	153
Long-Term Debt	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	0.65	0.64
Noncurrent Employee Benefit Liabilities	5.47	4.81	4.73	4.65	4.31	4.23	4.16	4.10	4.04
Other Noncurrent Operating Liabilities	36	34	33	33	35	33	34	33	33
Total Equity & Noncontrolling Interests	381	405	422	437	467	483	480	488	516
Total Preferred & Common Equity	381	405	422	437	467	483	480	488	516
Preferred Stock	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	488	516
Common Stock	112	112	114	116	118	120	122	124	127
Retained Earnings	565	593	608	621	647	662	678	700	723
Treasury Stock	-277	-277	-277	-277	-277	-277	-295	-300	-301
Accumulated Other Comprehensive Income / (Loss)	-18	-24	-22	-23	-21	-22	-25	-36	-32

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
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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	23.79%	6.02%	-16.94%	-23.20%	-12.13%	-8.40%	-8.86%	-15.41%	-7.26%	3.05%	23.46%
EBITDA Growth	125.23%	91.52%	23.26%	-25.79%	-0.89%	-11.22%	-11.59%	-17.94%	-33.84%	3.22%	34.44%
EBIT Growth	181.31%	134.60%	29.98%	-28.66%	0.69%	-15.23%	-15.41%	-23.16%	-42.67%	3.54%	42.92%
NOPAT Growth	200.16%	67.55%	37.51%	-28.68%	-14.41%	-19.24%	-7.75%	13.88%	-37.23%	7.91%	45.67%
Net Income Growth	208.91%	130.57%	23.93%	-32.67%	7.25%	-17.56%	0.39%	20.72%	-33.77%	14.28%	46.64%
EPS Growth	200.00%	129.17%	23.48%	-32.89%	6.79%	-17.58%	0.61%	20.92%	-32.95%	15.44%	48.78%
Operating Cash Flow Growth	110.26%	119.36%	127.46%	369.74%	116.35%	367.15%	-403.78%	-40.50%	-12.27%	-1.23%	226.10%
Free Cash Flow Firm Growth	-136.89%	17.03%	43.42%	116.34%	108.96%	137.75%	103.70%	-238.23%	89.03%	-27.40%	2,775.83%
Invested Capital Growth	27.63%	19.55%	14.01%	1.79%	3.14%	-0.77%	3.80%	8.51%	0.13%	0.74%	-2.31%
Revenue Q/Q Growth	-11.23%	-7.38%	-5.63%	-1.02%	1.57%	-3.45%	-6.10%	-8.13%	11.35%	7.28%	12.50%
EBITDA Q/Q Growth	-28.52%	-0.76%	5.76%	-1.07%	-4.54%	-11.11%	5.32%	-8.17%	-23.04%	38.70%	37.16%
EBIT Q/Q Growth	-33.08%	0.62%	7.09%	-1.07%	-5.55%	-15.29%	6.86%	-10.13%	-29.53%	52.99%	47.50%
NOPAT Q/Q Growth	-15.00%	-11.43%	2.46%	-7.54%	2.00%	-16.43%	17.04%	14.14%	-43.78%	43.67%	58.01%
Net Income Q/Q Growth	-28.49%	1.61%	-0.91%	-6.49%	13.91%	-21.89%	20.67%	12.45%	-37.50%	34.77%	54.84%
EPS Q/Q Growth	-28.95%	1.85%	-1.21%	-6.14%	13.07%	-21.39%	20.59%	12.80%	-37.30%	35.34%	55.41%
Operating Cash Flow Q/Q Growth	156.32%	-83.27%	-31.55%	1,500.03%	18.05%	-63.87%	-144.51%	413.41%	74.05%	-59.32%	-43.17%
Free Cash Flow Firm Q/Q Growth	0.84%	24.33%	29.89%	131.06%	-45.64%	218.82%	-93.13%	-1,261.43%	174.34%	22.45%	171.99%
Invested Capital Q/Q Growth	-2.07%	4.41%	5.27%	-5.44%	-0.76%	0.45%	10.12%	-1.15%	-8.43%	1.07%	6.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.03%	30.10%	32.64%	32.34%	31.42%	30.93%	32.31%	33.40%	29.48%	30.05%	33.40%
EBITDA Margin	15.58%	16.70%	18.71%	18.70%	17.58%	16.18%	18.15%	18.14%	12.54%	16.21%	19.76%
Operating Margin	14.61%	13.96%	16.40%	16.38%	13.98%	13.06%	14.58%	14.32%	8.71%	12.56%	17.17%
EBIT Margin	12.82%	13.93%	15.81%	15.80%	14.69%	12.89%	14.67%	14.35%	9.08%	12.95%	16.99%
Profit (Net Income) Margin	9.43%	10.34%	10.86%	10.26%	11.51%	9.31%	11.96%	14.64%	8.22%	10.32%	14.21%
Tax Burden Percent	75.86%	75.89%	70.15%	65.60%	77.21%	71.54%	79.85%	101.02%	83.87%	77.90%	80.01%
Interest Burden Percent	96.90%	97.82%	97.91%	98.97%	101.41%	100.92%	102.09%	100.97%	107.85%	102.29%	104.54%
Effective Tax Rate	24.14%	24.11%	29.85%	34.40%	22.79%	28.46%	20.15%	-1.02%	16.13%	22.10%	19.99%
Return on Invested Capital (ROIC)	24.41%	21.99%	21.23%	18.53%	18.25%	15.09%	17.08%	21.07%	10.95%	14.67%	20.11%
ROIC Less NNEP Spread (ROIC-NNEP)	44.13%	6.21%	14.25%	36.33%	13.67%	15.30%	13.44%	20.35%	8.72%	13.38%	18.58%
Return on Net Nonoperating Assets (RNNOA)	-1.93%	0.05%	0.56%	-0.40%	-0.83%	-0.97%	-0.39%	-1.47%	-1.18%	-1.95%	-2.13%
Return on Equity (ROE)	22.48%	22.04%	21.79%	18.13%	17.42%	14.12%	16.69%	19.60%	9.77%	12.72%	17.98%
Cash Return on Invested Capital (CROIC)	-4.12%	3.02%	7.54%	17.14%	15.40%	17.95%	11.89%	8.51%	15.73%	15.25%	18.90%
Operating Return on Assets (OROA)	14.67%	16.02%	17.04%	15.35%	13.60%	11.55%	12.83%	12.00%	7.32%	10.33%	13.93%
Return on Assets (ROA)	10.78%	11.89%	11.71%	9.96%	10.65%	8.34%	10.46%	12.24%	6.63%	8.23%	11.65%
Return on Common Equity (ROCE)	22.48%	22.04%	21.79%	18.13%	17.42%	14.12%	16.69%	19.60%	9.77%	12.72%	17.98%
Return on Equity Simple (ROE_SIMPLE)	0.00%	18.72%	18.77%	16.27%	0.00%	14.82%	14.34%	15.16%	0.00%	14.00%	14.88%
Net Operating Profit after Tax (NOPAT)	21	19	19	18	18	15	18	20	11	16	26
NOPAT Margin	11.08%	10.60%	11.51%	10.75%	10.79%	9.34%	11.65%	14.47%	7.31%	9.78%	13.74%
Net Nonoperating Expense Percent (NNEP)	-19.72%	15.78%	6.98%	-17.80%	4.59%	-0.20%	3.64%	0.72%	2.23%	1.29%	1.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	2.59%	2.95%	-	-	2.69%	4.07%
Cost of Revenue to Revenue	69.97%	69.90%	67.36%	67.66%	68.58%	69.07%	67.69%	66.60%	70.52%	69.95%	66.60%
SG&A Expenses to Revenue	13.02%	13.69%	13.52%	13.21%	14.53%	15.17%	15.16%	16.00%	17.81%	15.17%	14.01%
R&D to Revenue	2.40%	2.45%	2.72%	2.75%	2.91%	2.70%	2.57%	3.08%	2.96%	2.32%	2.22%
Operating Expenses to Revenue	15.42%	16.13%	16.24%	15.96%	17.44%	17.87%	17.72%	19.08%	20.77%	17.49%	16.23%
Earnings before Interest and Taxes (EBIT)	24	25	26	26	25	21	22	20	14	22	32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	30	29	31	31	29	26	27	25	19	27	37
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.38	4.70	3.86	2.93	2.96	2.78	2.69	2.63	2.81	2.95	2.78
Price to Tangible Book Value (P/TBV)	5.60	5.95	4.82	3.63	3.92	3.65	3.49	3.41	3.64	3.79	3.52
Price to Revenue (P/Rev)	2.24	2.43	2.18	1.83	2.00	1.97	2.02	2.04	2.22	2.35	2.22
Price to Earnings (P/E)	26.33	25.08	20.54	17.98	18.66	18.77	18.79	17.37	20.38	21.05	18.68
Dividend Yield	0.85%	0.77%	0.91%	1.17%	1.12%	1.17%	1.18%	1.22%	1.14%	1.07%	1.08%
Earnings Yield	3.80%	3.99%	4.87%	5.56%	5.36%	5.33%	5.32%	5.76%	4.91%	4.75%	5.35%
Enterprise Value to Invested Capital (EV/IC)	4.39	4.65	3.80	3.06	3.21	3.05	2.83	2.77	3.15	3.32	3.10
Enterprise Value to Revenue (EV/Rev)	2.23	2.44	2.19	1.79	1.93	1.88	1.96	1.98	2.10	2.22	2.10
Enterprise Value to EBITDA (EV/EBITDA)	15.42	15.16	12.44	10.33	10.77	10.55	11.13	11.33	12.97	13.73	12.49
Enterprise Value to EBIT (EV/EBIT)	18.82	18.05	14.66	12.34	12.82	12.68	13.52	14.00	16.53	17.49	15.53
Enterprise Value to NOPAT (EV/NOPAT)	24.43	24.32	19.60	16.34	17.64	17.66	18.44	17.30	19.85	20.86	18.50
Enterprise Value to Operating Cash Flow (EV/OCF)	565.14	59.73	35.00	14.34	10.86	9.04	10.21	11.88	13.31	14.25	11.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	167.69	53.61	18.03	21.18	16.90	24.22	33.89	20.01	21.87	16.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.29	0.27	0.26	0.25	0.25	0.24	0.24	0.24	0.24	0.22
Long-Term Debt to Equity	0.29	0.28	0.27	0.26	0.25	0.25	0.24	0.24	0.24	0.24	0.22
Financial Leverage	-0.04	0.01	0.04	-0.01	-0.06	-0.06	-0.03	-0.07	-0.14	-0.15	-0.11
Leverage Ratio	1.84	1.82	1.78	1.76	1.72	1.69	1.63	1.62	1.61	1.61	1.58
Compound Leverage Factor	1.78	1.78	1.74	1.74	1.74	1.70	1.66	1.63	1.73	1.64	1.65
Debt to Total Capital	22.71%	22.20%	21.47%	20.90%	20.21%	19.81%	19.27%	19.36%	19.33%	19.08%	18.23%
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%	0.04%
Long-Term Debt to Total Capital	22.66%	22.16%	21.43%	20.86%	20.17%	19.77%	19.23%	19.32%	19.29%	19.04%	18.19%
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	77.29%	77.80%	78.53%	79.10%	79.79%	80.19%	80.73%	80.64%	80.67%	80.92%	81.77%
Debt to EBITDA	1.03	0.92	0.88	0.95	0.96	0.98	1.01	1.06	1.17	1.16	1.06
Net Debt to EBITDA	-0.01	0.04	0.07	-0.24	-0.42	-0.51	-0.31	-0.35	-0.77	-0.80	-0.73
Long-Term Debt to EBITDA	1.03	0.92	0.88	0.95	0.95	0.98	1.01	1.06	1.17	1.16	1.06
Debt to NOPAT	1.64	1.47	1.38	1.51	1.57	1.65	1.68	1.63	1.79	1.76	1.57
Net Debt to NOPAT	-0.01	0.06	0.11	-0.38	-0.69	-0.86	-0.51	-0.53	-1.18	-1.21	-1.08
Long-Term Debt to NOPAT	1.64	1.47	1.38	1.51	1.56	1.64	1.68	1.62	1.79	1.76	1.57
Altman Z-Score	6.13	6.71	6.37	5.55	5.57	5.33	5.50	5.46	5.61	5.80	5.62
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	2.96	3.24	3.62	3.69	3.58	3.53	3.87	3.95	3.92	3.87	3.64
Quick Ratio	1.58	1.80	2.06	2.24	2.29	2.24	2.35	2.32	2.44	2.43	2.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-64	-48	-34	11	5.72	18	1.25	-15	11	13	36
Operating Cash Flow to CapEx	829.59%	123.28%	93.60%	846.08%	1,102.31%	315.11%	-82.29%	641.86%	974.16%	236.31%	125.58%
Free Cash Flow to Firm to Interest Expense	-69.12	-53.17	-32.64	11.10	6.41	20.80	1.51	-18.97	14.23	17.61	89.62
Operating Cash Flow to Interest Expense	30.28	5.15	3.09	54.09	67.79	24.94	-11.73	39.78	69.88	28.73	30.54
Operating Cash Flow Less CapEx to Interest Expense	26.63	0.97	-0.21	47.70	61.64	17.03	-25.99	33.59	62.71	16.57	6.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.14	1.15	1.08	0.97	0.93	0.90	0.87	0.84	0.81	0.80	0.82
Accounts Receivable Turnover	6.65	5.80	4.95	4.50	4.76	4.39	4.02	4.29	4.65	4.64	4.19
Inventory Turnover	3.37	3.13	2.85	2.65	2.64	2.55	2.54	2.49	2.68	2.61	2.75
Fixed Asset Turnover	8.27	8.43	8.03	7.28	6.94	6.68	6.30	5.94	5.71	5.52	5.50
Accounts Payable Turnover	10.86	9.64	8.18	8.37	8.84	8.11	8.72	10.91	10.18	7.98	8.39
Days Sales Outstanding (DSO)	54.89	62.90	73.72	81.07	76.61	83.09	90.78	85.07	78.58	78.70	87.11
Days Inventory Outstanding (DIO)	108.25	116.57	128.27	137.89	138.42	143.17	143.54	146.53	136.16	139.80	132.66
Days Payable Outstanding (DPO)	33.60	37.87	44.63	43.60	41.29	44.99	41.85	33.47	35.84	45.71	43.48
Cash Conversion Cycle (CCC)	129.53	141.60	157.37	175.36	173.74	181.28	192.47	198.12	178.90	172.79	176.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	392	410	431	408	405	407	448	443	405	410	437
Invested Capital Turnover	2.20	2.08	1.85	1.72	1.69	1.62	1.47	1.46	1.50	1.50	1.46
Increase / (Decrease) in Invested Capital	85	67	53	7.16	12	-3.17	16	35	0.51	3.02	-10
Enterprise Value (EV)	1,723	1,906	1,637	1,249	1,300	1,238	1,266	1,226	1,275	1,361	1,357
Market Capitalization	1,723	1,901	1,628	1,278	1,351	1,298	1,301	1,264	1,350	1,440	1,436
Book Value per Share	$35.83	$36.87	$38.36	$39.68	$41.39	$42.40	$43.79	$43.48	$44.18	$45.03	$47.52
Tangible Book Value per Share	$28.05	$29.12	$30.67	$32.02	$31.32	$32.32	$33.78	$33.54	$34.11	$35.03	$37.58
Total Capital	509	520	538	552	571	582	598	595	596	604	632
Total Debt	116	116	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	-0.95	4.93	9.04	-29	-51	-60	-35	-37	-76	-79	-79
Capital Expenditures (CapEx)	3.37	3.80	3.42	6.06	5.49	6.94	12	4.75	5.45	9.14	9.78
Debt-free, Cash-free Net Working Capital (DFCFNWC)	200	222	241	214	185	184	221	212	177	178	195
Debt-free Net Working Capital (DFNWC)	316	333	348	358	352	360	372	365	368	373	382
Net Working Capital (NWC)	316	333	347	358	351	359	371	365	367	372	382
Net Nonoperating Expense (NNE)	3.15	0.45	1.07	0.80	-1.19	0.06	-0.48	-0.24	-1.41	-0.90	-0.87
Net Nonoperating Obligations (NNO)	-0.95	4.93	9.04	-29	-51	-60	-35	-37	-76	-79	-79
Total Depreciation and Amortization (D&A)	5.25	4.87	4.82	4.77	4.82	5.31	5.27	5.27	5.35	5.41	5.20
Debt-free, Cash-free Net Working Capital to Revenue	25.93%	28.49%	32.28%	30.70%	27.49%	27.89%	34.29%	34.32%	29.11%	29.16%	30.16%
Debt-free Net Working Capital to Revenue	41.05%	42.66%	46.54%	51.41%	52.16%	54.54%	57.66%	58.98%	60.56%	60.87%	59.00%
Net Working Capital to Revenue	41.02%	42.63%	46.51%	51.38%	52.13%	54.50%	57.63%	58.94%	60.52%	60.83%	58.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.64	$1.66	$1.64	$1.53	$1.75	$1.36	$1.64	$1.85	$1.19	$1.58	$2.45
Adjusted Weighted Average Basic Shares Outstanding	10.97M	10.99M	11.01M	11.01M	11.00M	11.02M	11.03M	11.00M	10.98M	10.85M	10.86M
Adjusted Diluted Earnings per Share	$1.62	$1.65	$1.63	$1.53	$1.73	$1.36	$1.64	$1.85	$1.16	$1.57	$2.44
Adjusted Weighted Average Diluted Shares Outstanding	11.03M	11.07M	11.06M	11.05M	11.06M	11.06M	11.07M	11.03M	11.02M	10.90M	10.91M
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	10.98M	11.01M	11.01M	11.01M	11.01M	11.03M	11.04M	10.89M	10.85M	10.87M	10.87M
Normalized Net Operating Profit after Tax (NOPAT)	21	19	19	18	18	15	18	14	11	16	26
Normalized NOPAT Margin	11.08%	10.60%	11.51%	10.75%	10.79%	9.34%	11.65%	10.03%	7.31%	9.78%	13.74%
Pre Tax Income Margin	12.43%	13.63%	15.48%	15.64%	14.90%	13.01%	14.98%	14.49%	9.80%	13.25%	17.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.40	27.00	25.32	27.43	27.50	23.72	26.79	26.05	18.53	28.64	79.04
NOPAT to Interest Expense	22.81	20.54	18.43	18.65	20.20	17.19	21.26	26.26	14.90	21.63	63.94
EBIT Less CapEx to Interest Expense	22.75	22.82	22.02	21.03	21.35	15.81	12.53	19.85	11.35	16.49	54.72
NOPAT Less CapEx to Interest Expense	19.16	16.36	15.13	12.26	14.05	9.28	7.00	20.06	7.72	9.48	39.62
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.30%	19.42%	18.72%	21.05%	20.84%	21.97%	22.12%	21.18%	23.33%	22.68%	20.25%
Augmented Payout Ratio	22.30%	19.42%	18.72%	21.05%	20.84%	21.97%	22.12%	21.18%	57.22%	22.68%	51.32%

Frequently Asked Questions About Lindsay's Financials

When does Lindsay's fiscal year end?

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.

How has Lindsay's net income changed over the last 10 years?

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.

What is Lindsay's operating income?

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

How has Lindsay revenue changed over the last 10 years?

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%.

How much debt does Lindsay have?

Lindsay's total liabilities were at $279.34 million at the end of 2024, a 3.7% decrease from 2023, and a 94.1% increase since 2014.

How much cash does Lindsay have?

In the past 10 years, Lindsay's cash and equivalents has ranged from $101.25 million in 2016 to $190.88 million in 2024, and is currently $190.88 million as of their latest financial filing in 2024.

How has Lindsay's book value per share changed over the last 10 years?

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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This page (NYSE:LNN) was last updated on 4/15/2025 by MarketBeat.com Staff

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Lindsay (LNN) Financials

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Lindsay (LNN) Financials

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