← BackLINDSAY CORP · Farm Machinery & EquipmentLNN
Low riskNext report: Around Jan 7, 2027 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable every year for 10 years
- Sales up 11% last year
- Sales growth speeding up
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 5.6% to their holdings in the quarter ending June 2026 (128 bought, 98 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$105.90+0.2% that day
- Company value
- $1.1B
- Share price times all shares
- Price vs profit (P/E)
- 19.9x
- You pay about $20 for each $1 of yearly profit
- Price vs sales
- 1.7x
- Company value is 1.7 times a year of sales
- Dividend yield
- 1.4%
- Yearly dividend as a share of today's price
- Cash vs value
- 18%
- Cash as a share of company value
- Debt vs value
- 11%
- Debt as a share of company value
From LNN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Aug '26 (worked out from yearly totals)$161.6M+5.2% vs a year earlier
Nov '23Tap a barAug '26
Last 12 months: $635.9M, down 6.0% from the 12 months before. Over 5 years, sales grew about 7.3% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.14.7%
- PassDebt under half of equityNot relying on borrowed money.0.22x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.9%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$90.4M
- PassShare count not growingNot diluting owners. Falling means buybacks.-1.0% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.31.2%
- Revenue
- $676.4M
- +11.4% vs prior year
- 5-year growth
- +7.3%/yr
- revenue, per year
- Total debt
- $115.2M
- 0.22x equity
- Current ratio
- 3.42x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 31, 2026Reported Oct 22Before open6:45 am ET - Revenue
- $161.6M
- +5.2% YoY
- EPS
- $1.11
- vs $0.99
- Op. margin
- 9.8%
- +2.4 pts
- Gross margin
- 26.9%
- -2.2 pts
- Free cash flow
- $39.6M
- Share count
- -5.9%
- vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
80/ 100
- This week
- 2
- Normal week
- 0.5
- vs normal
- 4.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.6%Institutions added 5.6% to their holdings. 128 bought, 98 sold.
Shares held by institutions10.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.6%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.2x · $115.0M debtShares outstandingLatest reported
10MNext reportAround Jan 7, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 22
- Results filedJul 2
- Results filedApr 2
- Results filedJan 8
- Results filedOct 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.