LINDSAY CORP (LNN)
Industrials · Agricultural and infrastructure equipment manufacturing · NYSE
Lindsay Corporation manufactures and sells irrigation systems for agriculture and road safety barriers for highways, serving two cyclical infrastructure and agricultural markets.
What LINDSAY CORP does
Lindsay Corporation manufactures and sells agricultural irrigation equipment, highway safety products, and infrastructure solutions. The company serves farmers and agricultural operations with center pivot and lateral move irrigation systems, while also providing road safety barriers, terminals, and related products for highways and infrastructure projects. Its two primary business segments focus on irrigation systems and road infrastructure safety applications.
Themes: ["Agricultural irrigation","Highway safety infrastructure","Water management","Infrastructure solutions"]
Fundamentals
- Price$111.18 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return-22.7% as of 2026-07-09 close
- P/E19.06 as of 2026-07-10
- Net margin+9.3% as of 2026-07-10
- Gross margin+30.0% as of 2026-07-10
- ROE+11.3% as of 2026-07-10
- Debt / equity0.23 as of 2026-07-10
- Revenue growth (YoY)-1.7% as of 2026-07-10
- Revenue CAGR (3y)-4.3% SEC XBRL
- Beta0.69 as of 2026-07-10
Dividend: yield +1.4%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue decline: YoY revenue growth is negative at -1.7%, indicating weakening demand in core markets","Segment exposure: Heavy dependence on agricultural irrigation and highway infrastructure markets, which are cyclical and subject to commodity price and weather volatility","Margin compression: Operating and net margins have declined, with gross profit down significantly in recent quarters compared to prior year"]
Competitors & peers
- Valmont Industries (VMI)
- RowCrop Technologies
- John Deere (DE)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.