Lindsay (LNN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Lindsay

NYSE•Industrials•Farm & Heavy Construction Machinery

$106.38+3.01(0.03%)Pre-market

Market Cap

$1.09B

P/E

19.6x

P/S

1.7x

P/B

2.2x

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, machine-to-machine communication technology solutions and mobile device applications; and irrigation scheduling technology solutions; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers, which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. This segment also offers redirective and non-redirective crash cushions, moveable barriers to enhance highway safety at locations such as toll booths, end terminals, road marking, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.

How this company scores

AverageMetricSide Score: 49/100

Strongest: Balance Sheet & Red Flags (19/25); weakest: Growth (6/25).

Profitability12/25

Growth6/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality12/25

Strengths

Low leverageNet cash positionNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 19.6x5y range 16.7x – 37.9x

Currently near its 20-quarter median.

P/S · 1.7x5y range 1.7x – 2.6x

Currently near its 20-quarter median.

P/B · 2.2x5y range 2.2x – 4.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 17.6% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $1.09B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $635.86M
Q. Revenue: $161.57M
TTM EBITDA: $89.99M
TTM Op. Income: $66.92M
Q. Op. Income: $15.79M
TTM Net Income: $55.65M
Q. Net Income: $11.26M
EPS: $1.108
Shares Out.: $10.17M

$635.86M in TTM revenue declined 6.0% YoY, reaching $161.57M last quarter. TTM EBITDA of $89.99M and TTM operating income of $66.92M show growth is flowing through to the bottom line. TTM net income of $55.65M means revenue is converting into profit. Over the past year, TTM revenue is down 6% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 26.9%
EBITDA Margin: 13.5%
Op. Margin: 9.8%
Net Margin: 7.0%

Op. margin of 9.8% is up 2.4% YoY — cost efficiency is improving. Net margin at 7.0% and gross margin of 26.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 33% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 19.6x
P/S Ratio: 1.7x
P/B Ratio: 2.2x

At 19.6x P/E, the stock trades within typical market levels. P/S of 1.7x and P/B of 2.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $815.10M
Cash: $189.84M
Long-Term Debt: $114.83M
Book Value: $505.66M
D/E Ratio: 0.2
Debt/EBITDA: 5.3

With $815.10M in assets and $114.83M in long-term debt, D/E is 0.2and book value is $505.66M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 5% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $44.29M
TTM Free Cash Flow: $34.75M
FCF Margin: 5.5%
FCF / Net Income: 0.6

TTM FCF of $34.75M on $44.29M in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.