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.
Company Growth (employees)
Lindsay Corporation Office Locations
Lindsay Corporation Data and Metrics
Lindsay Corporation Financial Metrics
Revenue (Q3, 2017) | 151.5 m |
Net income (Q3, 2017) | 11 m |
EBIT (Q3, 2017) | 17.4 m |
Market capitalization (22-Aug-2017) | 929.4 m |
Cash (31-May-2017) | 113.2 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 690.8 m | 617.9 m | 560.2 m | 516.4 m |
Revenue growth, % | (11%) | (9%) | (8%) | |
EBIT | 107.1 m | 78.4 m | 50.7 m | 34.4 m |
EBIT margin, % | 15% | 13% | 9% | 7% |
Interest income | 496 k | 729 k | 631 k | 645 k |
Pre tax profit | 107.3 m | 78.7 m | 46.8 m | 29.3 m |
Net Income | 70.6 m | 51.5 m | 26.3 m | 20.3 m |
| USD | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 134.8 m | 141.1 m | 160.7 m | 121.6 m | 120.6 m | 141.3 m | 110.4 m | 124.1 m | 151.5 m |
EBIT | 11.9 m | 14.5 m | 21.5 m | 11.7 m | (4.7 m) | 15.3 m | 2.7 m | 8.5 m | 17.4 m |
EBIT margin, % | 9% | 10% | 13% | 10% | (4%) | 11% | 2% | 7% | 11% |
Interest income | 172 k | 162 k | 134 k | 164 k | 229 k | 127 k | 165 k | 171 k | 545 k |
Pre tax profit | 11.7 m | 14.1 m | 20.4 m | 10.4 m | 14.1 m | 1.3 m | 16.2 m | ||
Net Income | 7.6 m | 9 m | 12.9 m | 6.9 m | (4.1 m) | 9.6 m | 873 k | 5 m | 11 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 151.9 m | 171.8 m | 139.1 m | 101.2 m |
Inventories | 74.8 m | |||
Current Assets | 368.8 m | 374.1 m | 322.2 m | 292.1 m |
PP&E | 65.1 m | 72.5 m | 78.7 m | 77.6 m |
Goodwill | 37.4 m | 37 m | 76.8 m | 76.8 m |
Total Assets | 512.3 m | 526.6 m | 536.5 m | 499.6 m |
Accounts Payable | 42.3 m | 42.4 m | 38.8 m | 32.3 m |
Total Debt | 117.4 m | 117.2 m | ||
Current Liabilities | 102.1 m | 116.4 m | 95.1 m | 87.9 m |
Total Liabilities | 248 m | |||
Additional Paid-in Capital | 49.8 m | 52.9 m | 55.2 m | 57.3 m |
Retained Earnings | 405.6 m | 445.4 m | 458.9 m | 466.9 m |
Total Equity | 380.6 m | 382.6 m | 288.6 m | 251.6 m |
Debt to Equity Ratio | 0.4 x | 0.5 x | ||
Debt to Assets Ratio | 0.2 x | 0.2 x | ||
Financial Leverage | 1.3 x | 1.4 x | 1.9 x | 2 x |
| USD | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 139.3 m | 167.2 m | 154 m | 129.3 m | 89.5 m | 91.5 m | 103.1 m | 102.8 m | 113.2 m |
Inventories | 77 m | 82.3 m | 79.1 m | 78.2 m | 82.1 m | 82.8 m | 80.1 m | 82.8 m | 88.6 m |
Current Assets | 341.4 m | 380.9 m | 361.1 m | 308.7 m | 284.1 m | 291.2 m | 274.9 m | 285.7 m | 305.4 m |
PP&E | 70.9 m | 75.7 m | 76.9 m | 79 m | 78.9 m | 79.2 m | 75.6 m | 75.6 m | 74.4 m |
Goodwill | 36.6 m | 74.8 m | 75.1 m | 76.5 m | 76.6 m | 76.8 m | 76.6 m | 76.6 m | 76.8 m |
Total Assets | 490.1 m | 598.8 m | 577.9 m | 521.6 m | 495.5 m | 501.7 m | 480.9 m | 490.6 m | 511.3 m |
Accounts Payable | 48.6 m | 50.3 m | 46.6 m | 39.1 m | 36.4 m | 40.8 m | 32.5 m | 44.3 m | 40.3 m |
Current Liabilities | 109.6 m | 109.3 m | 111.1 m | 87.6 m | 84.5 m | 96.7 m | 84.6 m | 90.8 m | 103 m |
Additional Paid-in Capital | 52.7 m | 53.6 m | 54.3 m | 55.3 m | 55.9 m | 56.8 m | 57.5 m | 59 m | 61.7 m |
Retained Earnings | 449.7 m | 455.4 m | 465.2 m | 462.7 m | 455.5 m | 462.2 m | 464.7 m | 466.6 m | 474.5 m |
Total Equity | 352.8 m | 335.9 m | 314.7 m | 281.7 m | 251.6 m | 244.9 m | 248.2 m | 253.6 m | 263.7 m |
Financial Leverage | 1.4 x | 1.8 x | 1.8 x | 1.9 x | 2 x | 2 x | 1.9 x | 1.9 x | 1.9 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 70.6 m | 51.5 m | 26.3 m | 20.3 m |
Depreciation and Amortization | 12.6 m | 14.8 m | 16.4 m | 16.9 m |
Inventories | (10 m) | (2.7 m) | 915 k | 1.3 m |
Accounts Payable | 9.2 m | (623 k) | (337 k) | (7.1 m) |
Cash From Operating Activities | 57.5 m | 91.8 m | 48.7 m | 33.1 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 k | 234 k | 2.4 m | 4.7 m |
Income Taxes Paid | 38.3 m | 26.3 m | 26.9 m | 18.4 m |
| USD | Q1, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2015 | Q2, 2016 | Q3, 2016 | Q1, 2016 | Q2, 2017 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 7.6 m | 9 m | 12.9 m | 6.9 m | (4.1 m) | 9.6 m | 873 k | 5 m | 11 m |
Accounts Payable | 46.6 m | 39.1 m | 36.4 m | 40.8 m | 32.5 m | 44.3 m | 40.3 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 110.9 k |
Financial Leverage | 1.9 x |
