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LNN · NYSE

Lindsay Corporation

Farm & Heavy Construction Machinery · United States

USD 115.13-1.8% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$1.17B
Trailing P/E
22.06x
Forward P/E
19.58x
Quarterly revenue growth
-5.1%
Trailing net margin
8.8%
Indicated dividend yield
1.3%

Snapshot 2026-09-20 · Latest financial period 2026-05-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-22 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q3 FY2026

Go beyond the headline.

LNN Stock: Lindsay Is a Quality Compounder in a Farm Slump — But Is It Too Expensive?

Published 2026-07-08

Comparable businesses

LNN peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricLNNLindsay CorporationSnapshot 2026-09-20Financial period: 2026-05-31OSKOshkosh CorporationSnapshot 2026-09-20Financial period: 2026-06-30PCARPACCAR IncSnapshot 2026-09-20Financial period: 2026-06-30
Market capMarket value, converted to USDUS$1.17BUS$9.05BUS$61.09B
Forward P/EProvider forward earnings estimate19.58x10.47x16.06x
EV / EBITDAEnterprise value / trailing EBITDA13.69x9.36x20.55x
Revenue growthLatest quarter vs prior-year quarter-5.1%6.7%0.5%
Operating marginLatest reported quarter11.5%8.4%12.0%
Free cash flow yieldTrailing cash flow / market cap3.5%8.1%3.2%
Net debt / EBITDANet debt / trailing EBITDA-0.20x0.67x1.88x
Debt / equityTotal debt / positive book equity0.28x0.24x0.73x
Trailing P/ETrailing twelve-month earnings22.06x16.81x24.43x
Price / bookPrice / positive book equity per share2.35x2.00x3.01x
EV / salesEnterprise value / trailing revenue1.84x0.92x2.42x
Earnings growthLatest quarter vs prior-year quarter-14.0%-7.6%4.2%
Gross marginTrailing twelve months29.5%15.9%13.7%
Net marginTrailing twelve months8.8%5.2%9.0%
Return on equityProvider trailing return; positive equity only10.7%12.4%12.8%
Free cash flow marginTrailing free cash flow / revenue6.6%6.9%7.0%
Dividend yieldIndicated annual dividend / price1.3%1.6%1.2%
Earnings payoutProvider trailing dividend payout28.4%24.7%28.2%
Current ratioCurrent assets / current liabilities2.94x1.72x5.52x
BetaProvider historical market sensitivity0.701.260.97

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for LNN

All available reporting periods
Q3 FY20262026-07-08

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.