Lindsay Corporation (LNN) Key Metrics
LNN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.09B
- Enterprise value
- $1.15B
- P/E (TTM)
- 20.6 10-yr median 33.5
- Forward P/E
- 22.2
- PEG ratio
- 1.17
- Price / sales
- 1.7 10-yr median 2.2
- Price / book
- 2.3 10-yr median 3.5
- EV / EBITDA
- 12.4 10-yr median 15.9
- Dividend yield
- 1.42% $1.52 a year
- Beta
- 0.68
LNN key metrics, FY2016–FY2025
Fiscal year ended August 31, 2025 · U.S. dollarsLNN valuation Price multiples at each fiscal year-end price.
LNN returns How much profit the business earns on the capital it uses.
LNN per-share figures Results divided by the shares outstanding at year-end.
LNN financial health Debt, liquidity and how easily interest is covered.
LNN efficiency & capital use Working capital cycle and where the cash goes.
LNN valuation history
LNN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LNN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LNN cash returned to shareholders
LNN price vs earnings per share
LNN key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.50B | $1.37B | $1.37B | $1.77B | $1.81B | $1.09B | $954.1M | $1.03B | $925.8M | $786.5M |
| Enterprise value | $1.38B | $1.31B | $1.34B | $1.79B | $1.80B | $1.09B | $942.9M | $987.6M | $921.1M | $802.4M |
| P/E ratio | 20.2 | 20.6 | 19.0 | 27.0 | 42.5 | 28.1 | 439.3 | 50.9 | 39.9 | 38.8 |
| Price / sales | 2.2 | 2.3 | 2.0 | 2.3 | 3.2 | 2.3 | 2.1 | 1.9 | 1.8 | 1.5 |
| Price / book | 2.8 | 2.8 | 3.0 | 4.5 | 5.3 | 3.6 | 3.6 | 3.7 | 3.4 | 3.1 |
| Price / free cash flow | 16.6 | 20.5 | 13.6 | — | 103.7 | 44.1 | — | 45.1 | 30.3 | 36.5 |
| Price / operating cash flow | 11.3 | 14.3 | 11.5 | 580.4 | 41.2 | 23.6 | 251.3 | 30.4 | 23.5 | 23.8 |
| EV / sales | 2.0 | 2.2 | 2.0 | 2.3 | 3.2 | 2.3 | 2.1 | 1.8 | 1.8 | 1.6 |
| EV / EBITDA | 11.8 | 12.7 | 10.9 | 15.9 | 24.2 | 14.9 | 45.1 | 17.8 | 16.1 | 15.8 |
| EV / free cash flow | 15.3 | 19.6 | 13.3 | — | 103.2 | 44.4 | — | 43.2 | 30.1 | 37.2 |
| Earnings yield | 4.9% | 4.8% | 5.3% | 3.7% | 2.4% | 3.6% | 0.2% | 2.0% | 2.5% | 2.6% |
| Free cash flow yield | 6.0% | 4.9% | 7.4% | −0.7% | 1.0% | 2.3% | −2.0% | 2.2% | 3.3% | 2.7% |
| Dividend yield | 1.1% | 1.1% | 1.1% | 0.8% | 0.8% | 1.3% | 1.4% | 1.3% | 1.3% | 1.6% |
| Shareholder yield (dividends + buybacks) | 1.8% | 2.8% | 1.3% | 0.9% | 0.9% | 1.4% | 1.5% | 1.3% | 1.4% | 7.8% |
| Share price at fiscal year-end | $137.23 | $124.05 | $124.10 | $160.36 | $164.75 | $99.93 | $88.26 | $95.77 | $86.57 | $71.96 |
| Per share | ||||||||||
| Revenue per share | $61.95 | $55.10 | $60.94 | $69.87 | $51.67 | $43.71 | $41.08 | $50.85 | $48.44 | $47.25 |
| Earnings per share | $6.78 | $6.01 | $6.54 | $5.94 | $3.88 | $3.56 | $0.20 | $1.88 | $2.17 | $1.85 |
| Operating cash flow per share | $12.17 | $8.69 | $10.82 | $0.28 | $4.00 | $4.24 | $0.35 | $3.15 | $3.69 | $3.03 |
| Free cash flow per share | $8.28 | $6.06 | $9.12 | −$1.14 | $1.59 | $2.26 | −$1.80 | $2.12 | $2.86 | $1.97 |
| Cash per share | $22.95 | $17.33 | $15.03 | $10.56 | $13.36 | $12.97 | $11.77 | $14.93 | $11.37 | $9.26 |
| Book value per share | $48.80 | $43.65 | $41.19 | $35.66 | $30.81 | $27.49 | $24.81 | $25.70 | $25.25 | $23.02 |
| Tangible book value per share | $38.93 | $33.71 | $31.17 | $27.92 | $22.77 | $19.06 | $16.60 | $17.16 | $14.04 | $11.67 |
| Dividends per share | $1.44 | $1.40 | $1.36 | $1.32 | $1.29 | $1.26 | $1.24 | $1.21 | $1.17 | $1.12 |
| Capex per share | $3.89 | $2.63 | $1.70 | $1.41 | $2.41 | $1.97 | $2.15 | $1.03 | $0.83 | $1.05 |
| Debt per share | $12.50 | $12.20 | $12.30 | $12.56 | $12.56 | $13.52 | $10.74 | $10.84 | $10.94 | $10.72 |
| Shares outstanding | 10.9M | 11.0M | 11.1M | 11.0M | 11.0M | 10.9M | 10.8M | 10.8M | 10.7M | 10.9M |
| Change in shares outstanding | −0.9% | −0.4% | +0.3% | +0.4% | +1.1% | +0.5% | +0.4% | +0.7% | −2.2% | −7.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 14.6% | 14.1% | 17.1% | 17.9% | 13.4% | 13.6% | 0.8% | 7.4% | 8.9% | 7.5% |
| Return on invested capital (ROIC) | 16.4% | 15.1% | 17.5% | 18.9% | 14.4% | 15.3% | 2.5% | 9.3% | 9.8% | 8.9% |
| Return on assets (ROA) | 9.3% | 8.8% | 9.9% | 9.7% | 7.1% | 7.2% | 0.4% | 4.0% | 4.6% | 3.9% |
| Return on tangible assets | 10.1% | 10.2% | 11.4% | 10.5% | 7.8% | 8.1% | 0.5% | 5.0% | 6.0% | 5.4% |
| Free cash flow margin | 13.4% | 11.0% | 15.0% | −1.6% | 3.1% | 5.2% | −4.4% | 4.2% | 5.9% | 4.2% |
| Income quality (OCF / net income) | 1.79 | 1.45 | 1.65 | 0.05 | 1.03 | 1.19 | 1.75 | 1.67 | 1.70 | 1.63 |
| Financial health | ||||||||||
| Total debt | $136.5M | $134.4M | $136.1M | $138.5M | $138.0M | $146.9M | $116.1M | $116.8M | $117.0M | $117.2M |
| Cash & short-term investments | $250.6M | $190.9M | $166.3M | $116.5M | $146.7M | $140.9M | $127.2M | $160.8M | $121.6M | $101.2M |
| Net debt | −$114.1M | −$56.5M | −$30.2M | $22.0M | −$8.7M | $5.9M | −$11.1M | −$44.0M | −$4.6M | $15.9M |
| Debt / equity | 0.26 | 0.28 | 0.30 | 0.35 | 0.41 | 0.49 | 0.43 | 0.42 | 0.43 | 0.47 |
| Debt / assets | 0.16 | 0.18 | 0.18 | 0.19 | 0.22 | 0.26 | 0.23 | 0.23 | 0.23 | 0.23 |
| Net debt / EBITDA | −0.97 | −0.55 | −0.24 | 0.20 | −0.12 | 0.08 | −0.53 | −0.79 | −0.08 | 0.31 |
| Current ratio | 3.71 | 3.92 | 3.58 | 2.96 | 3.01 | 3.40 | 3.82 | 4.13 | 3.18 | 3.32 |
| Quick ratio | 2.76 | 2.69 | 2.44 | 1.76 | 1.96 | 2.37 | 2.69 | 3.14 | 2.25 | 2.47 |
| Interest coverage | 48.1 | 23.7 | 27.0 | 22.2 | 11.4 | 11.4 | 1.3 | 8.2 | 8.5 | 7.2 |
| Working capital | $389.2M | $367.4M | $351.4M | $316.2M | $277.9M | $245.5M | $231.4M | $251.0M | $200.9M | $204.3M |
| Invested capital | $418.8M | $424.4M | $425.4M | $415.4M | $329.8M | $304.5M | $257.1M | $232.9M | $265.4M | $267.5M |
| Tangible asset value | $425.1M | $371.3M | $344.8M | $308.0M | $250.1M | $207.0M | $179.4M | $184.8M | $150.1M | $127.6M |
| Net current asset value | $224.8M | $213.9M | $197.5M | $159.8M | $117.4M | $75.9M | $81.4M | $107.7M | $57.0M | $44.1M |
| Graham number | $86.30 | $76.85 | $77.87 | $69.01 | $51.83 | $46.90 | $10.59 | $32.99 | $35.09 | $30.99 |
| Graham net-net per share | $8.77 | $6.92 | $5.68 | −$0.02 | −$0.84 | −$1.40 | −$0.19 | $2.68 | −$1.49 | −$4.48 |
| Capital allocation | ||||||||||
| Dividends paid | $15.7M | $15.5M | $15.1M | $14.6M | $14.2M | $13.6M | $13.4M | $13.0M | $12.5M | $12.2M |
| Share buybacks (net) | $11.5M | $22.5M | $2.5M | $1.2M | $1.3M | $1.1M | $1.1M | $833,000 | $635,000 | $49.0M |
| Dividend payout ratio | 21.3% | 23.3% | 20.8% | 22.3% | 33.3% | 35.3% | 615.8% | 64.1% | 53.9% | 60.4% |
| Dividends + buybacks / free cash flow | 30.2% | 56.8% | 17.4% | — | 88.4% | 60.0% | — | 60.5% | 42.9% | 284.1% |
| Capex / revenue | 6.3% | 4.8% | 2.8% | 2.0% | 4.7% | 4.5% | 5.2% | 2.0% | 1.7% | 2.2% |
| Capex / operating cash flow | 32.0% | 30.3% | 15.7% | 511.6% | 60.3% | 46.6% | 611.3% | 32.6% | 22.5% | 34.8% |
| Capex / depreciation | 2.03 | 1.37 | 0.97 | 0.77 | 1.38 | 1.11 | 1.66 | 0.67 | 0.53 | 0.68 |
| Stock-based compensation / revenue | 1.2% | 1.1% | 1.0% | 0.7% | 1.1% | 1.2% | 0.9% | 0.7% | 0.7% | 0.6% |
| R&D / revenue | 2.7% | 2.8% | 2.7% | 2.0% | 2.4% | 2.9% | 3.1% | 2.9% | 3.3% | 3.1% |
| SG&A / revenue | 15.5% | 16.0% | 13.7% | 11.6% | 14.6% | 17.8% | 21.3% | 17.7% | 16.9% | 19.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 62.0 | 78.6 | 76.6 | 54.9 | 57.3 | 61.6 | 59.5 | 47.6 | 54.4 | 54.7 |
| Days of inventory on hand | 114.2 | 136.2 | 138.4 | 108.2 | 109.3 | 111.6 | 95.0 | 76.2 | 78.7 | 74.3 |
| Days payables outstanding | 33.7 | 35.8 | 41.3 | 33.6 | 32.7 | 33.4 | 33.2 | 31.0 | 33.8 | 35.3 |
| Cash conversion cycle (days) | 142.4 | 178.9 | 173.7 | 129.5 | 133.9 | 139.8 | 121.2 | 92.8 | 99.4 | 93.7 |
| Receivables turnover | 5.89 | 4.65 | 4.76 | 6.65 | 6.37 | 5.93 | 6.14 | 7.66 | 6.71 | 6.68 |
| Payables turnover | 10.82 | 10.18 | 8.84 | 10.86 | 11.17 | 10.92 | 10.99 | 11.78 | 10.81 | 10.35 |
| Inventory turnover | 3.20 | 2.68 | 2.64 | 3.37 | 3.34 | 3.27 | 3.84 | 4.79 | 4.64 | 4.91 |
| Asset turnover | 0.84 | 0.81 | 0.93 | 1.14 | 0.94 | 0.89 | 0.89 | 1.09 | 1.03 | 1.00 |
| Average receivables | $114.8M | $130.7M | $141.5M | $115.9M | $89.1M | $80.1M | $72.3M | $71.5M | $77.2M | $77.3M |
| Average payables | $43.0M | $40.8M | $52.2M | $52.6M | $37.4M | $29.5M | $30.0M | $33.6M | $34.5M | $35.5M |
| Average inventory | $145.7M | $155.2M | $174.9M | $169.5M | $125.0M | $98.5M | $85.8M | $82.7M | $80.5M | $74.8M |
| Intangibles / total assets | 12.8% | 14.4% | 14.9% | 12.0% | 13.9% | 16.0% | 17.7% | 18.4% | 23.7% | 24.8% |
Computed from LNN's annual financial statements (latest annual report filed October 23, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LNN valuation and financial ratios
At the end of fiscal 2025 (August 31, 2025), Lindsay traded at 20.2 times earnings, against a 10-year median of 33.5. Based on the latest twelve months, the trailing P/E is 20.6 and the forward P/E is 22.2. Lindsay earned a return on equity of 14.6% and a return on invested capital of 16.4% in fiscal 2025. It ended the year with $136.5 million of debt and $250.6 million in cash and short-term investments, a net cash position of $114.1 million. It returned $27.3 million to shareholders: $15.7 million in dividends and $11.5 million in share buybacks, 30% of free cash flow.
See the LNN income statement, the LNN chart for price history, or the LNN stock overview for the latest quote and news.
LNN key metrics FAQ
What is Lindsay's P/E ratio?
Lindsay's trailing P/E ratio is 20.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 22.2. At the end of fiscal 2025 it was 20.2, compared with a 10-year median of 33.5.
What is Lindsay's EV/EBITDA?
Lindsay's enterprise value was 11.8 times EBITDA at the end of fiscal 2025 (enterprise value $1.4 billion, EBITDA $117.3 million); the current EV/EBITDA is 12.4.
What is Lindsay's return on equity?
Lindsay's return on equity (ROE) was 14.6% in fiscal 2025: net income of $74.1 million on average shareholders' equity of $506.9 million.
What is Lindsay's ROIC?
Lindsay's return on invested capital was 16.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Lindsay have?
Lindsay had total debt of $136.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.26 and more cash than debt.
What is Lindsay's dividend yield?
Lindsay's forward dividend yield is 1.42%. Lindsay paid $15.7 million in dividends in fiscal 2025 ($1.44 per share), a payout ratio of 21.3%.
Does Lindsay buy back its shares?
Yes. Lindsay spent $11.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.9% over the year, to 10.9M..
What is Lindsay's free cash flow yield?
Lindsay generated $90.4 million of free cash flow in fiscal 2025, a free cash flow yield of 6.0% on its market value at year-end ($1.5 billion).
What is Lindsay's current ratio?
Lindsay's current ratio was 3.71 at the end of fiscal 2025: current assets were 3.71 times current liabilities.