Lindsay Financial Statements
NYSE: LNNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lindsay revenue and earnings
In fiscal 2024, Lindsay generated $676.4 million in revenue, up 11.4% from fiscal 2024. Net income was $74.1 million (+11.8% year over year), for a net margin of 10.9% versus a median of 8.5% in the prior 5 years. Gross margin was 31.2% (down from 31.5%) and operating margin 13.0%.
Diluted earnings per share came in at $6.78, up from $6.01. Over the last 5 fiscal years, LNN's revenue has grown at a 7.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Lindsay income statement (annual)
| Fiscal year (USD) | FY 20242025-08-31 | FY 20242024-08-31 | FY 20232023-08-31 | FY 20222022-08-31 | FY 20212021-08-31 | FY 20202020-08-31 | FY 20192019-08-31 | FY 20182018-08-31 | FY 20172017-08-31 | FY 20162016-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 676.37M | 607.07M | 674.08M | 770.74M | 567.65M | 474.69M | 444.07M | 547.71M | 517.99M | 516.41M |
| Revenue growth (YoY) | +11.41% | -9.94% | -12.54% | +35.78% | +19.58% | +6.90% | -18.92% | +5.74% | +0.30% | -7.81% |
| Cost of Revenue | 465.59M | 416.02M | 461.07M | 571.57M | 417.44M | 322.15M | 329.46M | 396.24M | 372.97M | 367.80M |
| Gross Profit | 210.78M | 191.06M | 213.01M | 199.18M | 150.21M | 152.54M | 114.61M | 151.46M | 145.01M | 148.61M |
| Operating Expenses | 122.66M | 114.45M | 110.83M | 104.53M | 96.10M | 98.34M | 108.49M | 112.45M | 104.36M | 114.24M |
| Research & Development | 17.93M | 17.12M | 18.22M | 15.14M | 13.36M | 13.95M | 13.94M | 16.03M | 17.15M | 15.85M |
| Selling, General & Admin | 104.73M | 97.32M | 92.61M | 89.39M | 82.74M | 84.39M | 94.56M | 96.42M | 87.22M | 98.39M |
| Operating Income | 88.12M | 76.61M | 102.18M | 94.64M | 54.11M | 54.20M | 6.12M | 39.01M | 40.65M | 34.38M |
| Interest Expense | 1.83M | 3.23M | 3.79M | 4.27M | 4.75M | 4.76M | 4.77M | 4.69M | 4.76M | 4.75M |
| Other Income (Expense) | 6.46M | 2.44M | -1.81M | -6.78M | -3.72M | -5.36M | -4.01M | -5.16M | -1.35M | -981.00K |
| Pretax Income | 94.58M | 79.05M | 100.38M | 87.87M | 50.39M | 48.84M | 2.11M | 33.85M | 35.72M | 29.29M |
| Income Tax | 20.53M | 12.79M | 28.00M | 22.40M | 7.81M | 10.21M | -65.00K | 13.58M | 12.54M | 9.02M |
| Net Income | 74.05M | 66.26M | 72.38M | 65.47M | 42.57M | 38.63M | 2.17M | 20.28M | 23.18M | 20.27M |
| Net Income growth (YoY) | +11.76% | -8.46% | +10.55% | +53.78% | +10.21% | +1678.50% | -89.29% | -12.52% | +14.37% | -22.97% |
| EPS (Basic) | 6.82 | 6.04 | 6.58 | 5.97 | 3.91 | 3.57 | 0.20 | 1.89 | 2.17 | 1.86 |
| EPS (Diluted) | 6.78 | 6.01 | 6.54 | 5.94 | 3.88 | 3.56 | 0.20 | 1.88 | 2.17 | 1.85 |
| Shares Outstanding (Basic) | 10.86M | 10.98M | 11.00M | 10.96M | 10.89M | 10.82M | 10.78M | 10.74M | 10.67M | 10.91M |
| Shares Outstanding (Diluted) | 10.92M | 11.02M | 11.06M | 11.03M | 10.98M | 10.86M | 10.81M | 10.77M | 10.69M | 10.93M |
| EBITDA | 109.02M | 97.81M | 121.47M | 114.82M | 73.28M | 73.60M | 20.13M | 55.53M | 57.33M | 51.26M |
| Gross Margin | 31.16% | 31.47% | 31.60% | 25.84% | 26.46% | 32.14% | 25.81% | 27.65% | 28.00% | 28.78% |
| Operating Margin | 13.03% | 12.62% | 15.16% | 12.28% | 9.53% | 11.42% | 138.00% | 7.12% | 7.85% | 6.66% |
| Net Margin | 10.95% | 10.91% | 10.74% | 8.49% | 7.50% | 8.14% | 49.00% | 3.70% | 4.47% | 3.92% |
This table shows 10 annual periods of Lindsay's income statement, from FY 2024 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LNN's reporting calendar. What is a income statement?