Lindsay $LNN Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up Lindsay Corporation ($LNN). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-28. 11 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $676.4M (FY2025), total debt $115.3M. Experience: revenue up 11.4% on the year, up 4.5% a year over 4 years; operating margin 13.0%, up from 12.6%. Soundness: equity 63.4% of assets, return on equity 13.9%, payout 21.3% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $527.6M and $897.7M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $461.2M to $1.0B. A statistical range, not company guidance. Against peers (108 filers, $50M+ revenue, its industry group): operating margin 13.0% against a 9.7% median; growth 11.4% against 5.8%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $133M · −$49M · −$27M · $90M |
| Investment book (cash · short · long) | $251M · — · — · current ratio 3.71 |
| Revenue swing · equity of assets | 20.5% · 62.5% |
Lindsay is growing slower than its size class, with revenue that swings more. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-08-31 |
| Revenue | $676M |
| Revenue, on the year | 11.4% |
| Revenue, a year over the record | 4.5% |
| Operating margin | 13.0% |
| Operating margin, prior year | 12.6% |
| Net margin | 10.9% |
| Research and development | $18M · 2.7% of revenue |
| Total debt | $115M |
| Equity of assets | 63.4% |
| Return on equity | 13.9% |
| Payout of profit | 21.3% |
| Dividend per share | $1.45 · up 15 years running |
| Earnings per share | $6.82 |
| Book value per share | $48.80 |
| Revenue per share | $61.95 |
| Shares outstanding | 10,918,000 |
| Audited years read | 5 |
Peers: the median of 108 filers with $50M+ revenue in farm machinery & equipment.
Health HarborLindsay sails as: Weathered boat
Health watch · 12 monthsDirector or officer change ×6
Sailing speed follows growth: -4.3% a year crosses the harbor in 93 seconds.
🌊 Visit the Bay →- slow and jumpy: growing slower than its size class, with revenue that swings more
- revenue is hard to predict: its 80% range is ±26%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-08-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-17 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-07-02
- 8-K · 2026-07-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-04-02
- 8-K · 2026-04-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company