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NYSE · Industrials

LINDSAY CORP (LNN)

As-reported financials and SEC filings for LINDSAY CORP. The latest annual period is FY2024. The latest reported quarter is Q3 FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About LINDSAY CORP

Lindsay Corporation manufactures and sells agricultural irrigation equipment and road infrastructure products globally. Its irrigation segment produces center pivot, lateral move, and hose reel irrigation systems, along with related controls and parts, serving primarily farmers to improve crop production and conserve resources. The infrastructure segment offers moveable barriers, road safety equipment, and railroad signals for transportation safety.

Snapshot

Revenue
$659.1M
Revenue growth (YoY)
12.8%
Net income
$74.1M
Diluted EPS
$6.78
Gross margin
29.4%
Operating margin
13.4%
Net margin
11.2%
FCF margin
13.7%
ROE
13.9%
net income / fiscal-year-end equity
P/E
21.9×
trailing when available, otherwise FY EPS
Market cap
$1.16B
Long-term debt / equity
0.22×
non-current term debt only

Fundamentals are from SEC filings for FY2024, the latest annual period (ended August 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Lindsay

  • Revenue grew 12.8% to $659M in FY2024, after a 11.7% decline the year before.
  • Operating margin is 13.4% in FY2024, +3.6 pp against 9.8% in FY2020.
  • Most recent quarter Q3 FY2025: revenue $157M, down 5.3% from Q3 FY2024.
  • Free cash flow was $90M in FY2024, 13.7% of revenue.
  • Net income rose 11.8% to $74M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Lindsay’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin29.4%
52nd percentile of 466
Operating margin13.4%
74th percentile of 605
Net margin11.2%
79th percentile of 645
FCF margin13.7%
81st percentile of 562
Revenue growth (YoY)+12.8%
72nd percentile of 668
ROE13.9%
70th percentile of 600
P/E21.9×
44th percentile of 434
Long-term debt / equity0.22×
28th percentile of 409
Short interest7.65d
91st percentile of 676

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
1
0 trimmed, 1 exited
Combined position
$72.5M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$34.8M281.2KAdded
Millennium ManagementquantQ2 2026$17.6M142.3KAdded
AQR Capital ManagementquantQ2 2026$12.7M102.9KAdded
Citadel AdvisorsquantQ2 2026$4.8M38.5KAdded
Point72 Asset ManagementquantQ2 2026$1.4M11.6KNew
D. E. ShawquantQ2 2026$1.2M9.5KAdded

No longer held by: Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
802.6K
settled 2026-08-14
Change vs prior
+17.4%
vs previous settlement
Days to cover
7.65
at avg daily volume
Avg daily volume
104.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14802.6K+17.4%7.65
2026-07-31683.5K-0.5%5.97
2026-07-15687.1K+5.2%3.55
2026-06-30653.0K+2.6%3.16
2026-06-15636.5K+15.0%3.62
2026-05-29553.3K+11.1%2.60
2026-05-15498.1K+2.8%2.65
2026-04-30484.4K+19.1%2.68

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2024FY2023FY2022FY2021FY2020
Revenue$659.1M$584.3M$661.9M$760.3M$551.3M
Gross profit$193.5M$168.2M$200.8M$188.7M$133.8M
Operating income$88.1M$76.6M$102.2M$94.6M$54.1M
Net income$74.1M$66.3M$72.4M$65.5M$42.6M
Diluted EPS$6.78$6.01$6.54$5.94$3.88

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2024FY2023FY2022FY2021FY2020
Operating cash flow$132.9M$95.8M$119.7M$3.0M$44.0M
Capital expenditure$42.5M$29.0M$18.8M$15.6M$26.5M
Free cash flow$90.4M$66.8M$100.9M$-12.5M$17.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2025$156.9M-5.3%$15.8M$1.53
Q2 FY2025$154.7M-15.9%$12.0M$1.15
Q1 FY2025$150.7M-6.1%$16.5M$1.54
Q4 FY2024$149.0M-0.3%$10.8M$0.99
Q3 FY2024$165.7M24.0%$19.5M$1.78
Q2 FY2024$183.8M25.2%$26.6M$2.44
Q1 FY2024$160.5M4.0%$17.2M$1.57
Q4 FY2023$149.5M-8.4%$12.7M$1.17

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryFarm Machinery & Equipment
Latest annual periodFY2024 (ended August 31, 2025)
Latest reported quarterQ3 FY2025 (ended May 31, 2026)
Oldest indexed filing2004
SEC CIK836157

Selected SEC filings

10-K2025-10-23
View on EDGAR →
10-Q2026-07-02
View on EDGAR →
10-Q2026-04-02
View on EDGAR →
10-Q2026-01-08
View on EDGAR →
8-K2026-08-28
View on EDGAR →
8-K2026-07-17
View on EDGAR →
8-K2026-07-02
View on EDGAR →
8-K2026-04-02
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.