Lindsay Corporation

Lindsay Corporation has been involved in the manufacture and distribution of agricultural equipment for over 50 years. Lindsay is a public company listed on the New York Stock Exchange (LNN) and is ISO9001:2000 certified. The ability to combine automation and quality control with a motivated work force has enabled Lindsay to expand in other areas. The company's Contract Manufacturing business has established manufacturing partnerships with many major OEMs. In addition, its Steel Tubing business supplies a full range of products to a growing list of customers throughout the U.S. In 2006, the company acquired Barrier Systems, Inc., a manufacturer of proprietary movable barriers for lane management and highway crash cushions to improve the safety of motorists and highway workers. In December 2006, Lindsay acquired Snoline S.P.A., a European leader in road marking and roadway safety equipment. The two companies now form part of Lindsay Corporation Infrastructure Division but irrigation remains Lindsay's core business. Lindsay added to its core business in January 2008 with the acquisition of Watertronics Inc., a full line supplier of Golf, Residential, Commercial, Sports Turf and Municipal systems including Vertical Turbine, Horizontal Centrifugal, Vertical Centrifugal, Submerged Sled, Self-Contained Enclosed and Custom-built systems. Lindsay has become a major worldwide force in expanding the benefits of irrigation while making it more efficient. Lindsay's name comes from its location, the town of Lindsay, Nebraska, in the center of the United States. The company's success comes from finding a better way to irrigate almost any crop on varied terrain and soils to increase yields and better utilize natural resources. Lindsay's Infrastructure Segment continues to develop and promote products to make roadways safer for motorists and highway workers worldwide.
Company Growth (employees)
Omaha, US
Size (employees)
1,366 (est)+4%
Lindsay Corporation was founded in 1955 and is headquartered in Omaha, US

Lindsay Corporation Office Locations

Lindsay Corporation has offices in Omaha, Portland, Hermiston, Rio Vista and in 13 other locations
Omaha, US (HQ)
2222 111th St
Colyton, NZ
581 Taonui Rd
Harristown, AU
19 Spencer St
Trezzo Sull'adda, IT
19 Via Francesco Baracca
Rotterdam, NL
278 Weena
Cape Town, ZA
6 Talana Rd
Mogi Mirim, BR
R. São Paulo
Hartland, US
525 E Industrial Dr
Lindsay, US
214 E 2nd St
Olathe, US
846 N Mart Way Dr
Fresno, US
1365 N Clovis Ave
Rio Vista, US
180 River Rd
Hermiston, US
505 E Main St
Portland, US
2800 Nw 29th Ave

Lindsay Corporation Data and Metrics

Lindsay Corporation Financial Metrics

Lindsay Corporation's revenue was reported to be $516.4 m in FY, 2016 which is a 8% decrease from the previous period.

Revenue (FY, 2016)

516.4 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

20.3 m

EBIT (FY, 2016)

34.4 m

Market capitalization (23-Jun-2017)

910.5 m

Closing share price (23-Jun-2017)


Cash (31-Aug-2016)

101.2 m


926.5 m
Lindsay Corporation's current market capitalization is $910.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


690.8 m617.9 m560.2 m516.4 m

Revenue growth, %


Operating expense total

87.8 m92.6 m105.6 m114.2 m


107.1 m78.4 m50.7 m34.4 m

EBIT margin, %


Interest expense

304 k187 k2.6 m4.8 m

Interest income

496 k729 k631 k645 k

Pre tax profit

107.3 m78.7 m46.8 m29.3 m

Income tax expense

36.7 m27.1 m20.4 m9 m

Net Income

70.6 m51.5 m26.3 m20.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


151.9 m171.8 m139.1 m101.2 m

Current Assets

368.8 m374.1 m322.2 m292.1 m


65.1 m72.5 m78.7 m77.6 m


37.4 m37 m76.8 m76.8 m

Total Assets

512.3 m526.6 m536.5 m499.6 m

Accounts Payable

42.3 m42.4 m38.8 m32.3 m

Total Debt

117.4 m117.2 m

Current Liabilities

102.1 m116.4 m95.1 m87.9 m

Additional Paid-in Capital

49.8 m52.9 m55.2 m57.3 m

Retained Earnings

405.6 m445.4 m458.9 m466.9 m

Total Equity

380.6 m382.6 m288.6 m251.6 m

Debt to Equity Ratio

0.4 x0.5 x

Debt to Assets Ratio

0.2 x0.2 x

Financial Leverage

1.3 x1.4 x1.9 x2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

70.6 m51.5 m26.3 m20.3 m

Depreciation and Amortization

12.6 m14.8 m16.4 m16.9 m


(10 m)(2.7 m)915 k1.3 m

Accounts Payable

9.2 m(623 k)(337 k)(7.1 m)

Cash From Operating Activities

57.5 m91.8 m48.7 m33.1 m

Purchases of PP&E

(11.1 m)(17.7 m)(15.2 m)(11.5 m)

Cash From Investing Activities

(41.1 m)(18.5 m)(79.6 m)(9.9 m)

Long-term Borrowings

(4.3 m)(112 k)(193 k)

Dividends Paid

(6.1 m)(11.7 m)(12.8 m)(12.2 m)

Cash From Financing Activities

(8 m)(53.6 m)3.9 m(61.3 m)

Interest Paid

369 k234 k2.4 m4.7 m

Income Taxes Paid

38.3 m26.3 m26.9 m18.4 m
USDY, 2016


27 x


28 x


390 k


0.5 x


0.2 x

Financial Leverage

2 x

Lindsay Corporation Market Value History

Lindsay Corporation Company Life and Culture

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