OverviewSuggest Edit

Lindsay Corporation is a manufacturer of Zimmatic brand center pivot irrigation systems. The Company has operations which are categorized into two major reporting segments, Irrigation, and Infrastructure. Lindsay’s irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems which are used principally in the agricultural industry to increase or stabilize crop production while conserving water, energy, and labor. The irrigation segment also manufactures and markets repair and replacement parts for its irrigation systems and controls. In addition, the irrigation segment also designs and manufactures water pumping stations and controls for the agriculture, golf, landscape and municipal markets and filtration solutions for groundwater, agriculture, industrial and heat transfer markets. The infrastructure segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. The infrastructure segment also provides outsourced manufacturing and production services.

TypePublic
Founded1955
HQOmaha, US
Websitelindsay.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Nov 2017)1,410
Job Openings28
Revenue (FY, 2018)$547.7 M(+6%)
Share Price (Mar 2019)$94.7 (+4%)

Key People/Management at Lindsay Corporation

Timothy L. Hassinger

Timothy L. Hassinger

President & Chief Executive Officer
J. Scott Marion

J. Scott Marion

President - Infrastructure
Randy A. Wood

Randy A. Wood

President - Irrigation
Brian L. Ketcham

Brian L. Ketcham

Senior Vice President & Chief Financial Officer
Lori L. Zarkowski

Lori L. Zarkowski

Chief Accounting Officer & Corporate Controller
Eric R. Arneson

Eric R. Arneson

Senior Vice President, General Counsel & Secretary
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Lindsay Corporation Office Locations

Lindsay Corporation has offices in Omaha, Portland, Olathe, Lindsay and in 13 other locations
Omaha, US (HQ)
2222 111th St
Fresno, US
1365 N Clovis Ave
Hartland, US
525 E Industrial Dr
Hermiston, US
505 E Main St
Lindsay, US
214 E 2nd St
Olathe, US
846 N Mart-way Dr
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Lindsay Corporation Financials and Metrics

Lindsay Corporation Revenue

Lindsay Corporation's revenue was reported to be $547.71 m in FY, 2018
USD

Revenue (Q1, 2019)

112.0m

Net income (Q1, 2019)

1.2m

EBIT (Q1, 2019)

2.0m

Market capitalization (15-Mar-2019)

1.0b

Closing stock price (15-Mar-2019)

94.7

Cash (30-Nov-2018)

137.2m

EV

1.0b
Lindsay Corporation's current market capitalization is $1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

690.8m617.9m560.2m516.4m518.0m547.7m

Revenue growth, %

(11%)(9%)(8%)

General and administrative expense

43.2m52.3m56.4m47.0m56.0m

Operating expense total

92.6m105.6m114.2m104.8m112.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

147.7m152.8m169.9m134.8m141.1m160.7m121.6m120.6m141.3m110.4m124.1m151.5m124.5m130.3m169.6m112.0m

General and administrative expense

11.7m9.4m10.0m10.7m9.0m23.0m11.9m10.2m13.7m11.9m14.3m18.0m15.1m

Operating expense total

24.2m21.8m23.0m25.0m25.0m24.9m22.7m37.1m26.5m25.6m24.4m28.5m26.2m28.3m32.8m26.6m

EBIT

16.0m20.9m25.2m11.9m14.5m21.5m11.7m(4.7m)15.3m2.7m8.5m17.4m6.2m7.1m18.7m2.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

151.9m171.8m139.1m101.2m121.6m160.8m

Accounts Receivable

Inventories

71.7m74.9m74.8m86.2m79.2m

Current Assets

368.8m374.1m322.2m292.1m292.9m331.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

151.8m165.5m182.1m139.3m167.2m154.0m129.3m89.5m91.5m103.1m102.8m113.2m109.5m102.2m111.8m137.2m

Inventories

75.6m81.0m79.0m77.0m82.3m79.1m78.2m82.1m82.8m80.1m82.8m88.6m94.0m103.0m82.6m88.9m

Current Assets

379.0m389.8m399.3m341.4m380.9m361.1m308.7m284.1m291.2m274.9m285.7m305.4m296.2m313.4m350.4m325.3m

PP&E

65.3m65.4m65.0m70.9m75.7m76.9m79.0m78.9m79.2m75.6m75.6m74.4m72.9m72.7m59.9m60.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

70.6m51.5m26.3m20.3m23.2m20.3m

Depreciation and Amortization

12.6m14.8m16.4m16.9m16.7m16.5m

Inventories

(10.0m)(2.7m)915.0k1.3m(10.1m)(8.2m)

Accounts Payable

9.2m(623.0k)(337.0k)(7.1m)4.1m159.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

10.2m23.7m40.2m7.6m9.0m29.5m6.9m2.8m12.5m873.0k5.9m16.8m3.2m4.9m15.3m1.2m

Depreciation and Amortization

3.7m7.4m11.1m12.1m4.3m8.5m12.8m4.0m8.1m12.3m4.3m8.6m12.9m3.4m

Inventories

(6.6m)(12.2m)(9.7m)(1.2m)(3.7m)(8.1m)(7.7m)(5.7m)(7.4m)(13.2m)(8.7m)(15.2m)(8.2m)(11.4m)

Accounts Payable

3.4m11.4m4.5m6.2m733.0k(2.2m)1.5m415.0k11.9m8.2m4.6m9.7m1.9m13.9m
USDY, 2018

EV/EBIT

490.5 x

EV/CFO

-69.9 x

Financial Leverage

1.8 x
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Lindsay Corporation News and Updates

Fertigation Global Market 2018: Key Players – The Toro Company, Jain Irrigation Systems, Lindsay Corporation, Valmont Industries, Rivulis

Fertigation -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Lindsay Corporation Frequently Asked Questions

  • When was Lindsay Corporation founded?

    Lindsay Corporation was founded in 1955.

  • Who are Lindsay Corporation key executives?

    Lindsay Corporation's key executives are Timothy L. Hassinger, J. Scott Marion and Randy A. Wood.

  • How many employees does Lindsay Corporation have?

    Lindsay Corporation has 1,410 employees.

  • What is Lindsay Corporation revenue?

    Latest Lindsay Corporation annual revenue is $547.7 m.

  • What is Lindsay Corporation revenue per employee?

    Latest Lindsay Corporation revenue per employee is $388.4 k.

  • Who are Lindsay Corporation competitors?

    Competitors of Lindsay Corporation include Emak, FieldIn and !nspiraFarms.

  • Where is Lindsay Corporation headquarters?

    Lindsay Corporation headquarters is located at 2222 111th St, Omaha.

  • Where are Lindsay Corporation offices?

    Lindsay Corporation has offices in Omaha, Portland, Olathe, Lindsay and in 13 other locations.

  • How many offices does Lindsay Corporation have?

    Lindsay Corporation has 17 offices.