Lindsay Corporation Net Assets
Lindsay Corporation net assets. Based on the latest financial reports, Lindsay Corporation (LNN) has net assets worth $499.10 Million USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($821.64 Million) and total liabilities ($322.55 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See Lindsay Corporation balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $499.10 Million |
| % of Total Assets | 60.74% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | 57.44% |
| 10-Year Change | 111.81% |
| Growth Volatility | 20.04 |
Net Assets of Lindsay Corporation (1987–2025)
Net assets of Lindsay Corporation from 1987 to 2025. This chart illustrates how Lindsay Corporation's net assets have evolved over time, based on quarterly financial data. Also explore net asset momentum of Lindsay Corporation to track the company's year-over-year net asset growth rate.
Annual Net Assets for Lindsay Corporation (1987–2025)
The table below shows the annual net assets of Lindsay Corporation from 1987 to 2025. For live market cap and overall valuation, see LNN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $532.85 Million | +10.80% |
| 2024-08-31 | $480.89 Million | +5.54% |
| 2023-08-31 | $455.65 Million | +15.84% |
| 2022-08-31 | $393.36 Million | +16.23% |
| 2021-08-31 | $338.44 Million | +13.38% |
| 2020-08-31 | $298.52 Million | +11.30% |
| 2019-08-31 | $268.21 Million | -3.13% |
| 2018-08-31 | $276.87 Million | +2.52% |
| 2017-08-31 | $270.06 Million | +7.35% |
| 2016-08-31 | $251.57 Million | -12.82% |
| 2015-08-31 | $288.56 Million | -24.59% |
| 2014-08-31 | $382.65 Million | +0.53% |
| 2013-08-31 | $380.64 Million | +22.46% |
| 2012-08-31 | $310.84 Million | +12.76% |
| 2011-08-31 | $275.67 Million | +20.06% |
| 2010-08-31 | $229.61 Million | +10.57% |
| 2009-08-31 | $207.66 Million | +6.00% |
| 2008-08-31 | $195.90 Million | +38.91% |
| 2007-08-31 | $141.03 Million | +16.65% |
| 2006-08-31 | $120.90 Million | +10.58% |
| 2005-08-31 | $109.33 Million | -2.54% |
| 2004-08-31 | $112.18 Million | +7.57% |
| 2003-08-31 | $104.29 Million | +15.03% |
| 2002-08-31 | $90.66 Million | +11.36% |
| 2001-08-31 | $81.42 Million | +5.15% |
| 2000-08-31 | $77.43 Million | -6.37% |
| 1999-08-31 | $82.70 Million | -9.02% |
| 1998-08-31 | $90.90 Million | +4.48% |
| 1997-08-31 | $87.00 Million | +13.28% |
| 1996-08-31 | $76.80 Million | +11.79% |
| 1995-08-31 | $68.70 Million | +0.88% |
| 1994-08-31 | $68.10 Million | +22.70% |
| 1993-08-31 | $55.50 Million | +25.00% |
| 1992-08-31 | $44.40 Million | +35.37% |
| 1991-08-31 | $32.80 Million | +36.67% |
| 1990-08-31 | $24.00 Million | +50.00% |
| 1989-08-31 | $16.00 Million | +100.00% |
| 1988-08-31 | $8.00 Million | +17.65% |
| 1987-08-31 | $6.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lindsay Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3536.1% over the analyzed period, indicating profitable operations and earnings retention.
Lindsay Corporation Net Assets Breakdown (August 2025)
Lindsay Corporation net assets breakdown by equity component as of August 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $745.40 Million | 139.89% |
| Common Stock | $19.17 Million | 3.60% |
| Other Comprehensive Income | $-33.53 Million | -6.29% |
| Total Equity | $532.85 Million | 100.00% |
Lindsay Corporation Competitors by Market Cap
The table below lists competitors of Lindsay Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oriental Holdings Bhd
KLSE:4006
|
$1.07 Billion |
|
Dalian Bio-Chem Co Ltd
SHG:603360
|
$1.07 Billion |
|
Beijing Cuiwei Tower Co Ltd
SHG:603123
|
$1.08 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
$1.08 Billion |
|
Develia S.A
WAR:DVL
|
$1.07 Billion |
|
General Interface Solution GIS Holding Ltd
TW:6456
|
$1.07 Billion |
|
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
|
$1.07 Billion |
|
NTG Nordic Transport Group A/S
CO:NTG
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lindsay Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 480,893,000 to 532,850,000, a change of 51,957,000 (10.8%).
- Net income of 74,052,000 contributed positively to equity growth.
- Dividend payments of 15,748,000 reduced retained earnings.
- Share repurchases of 11,532,000 reduced equity.
- Other comprehensive income decreased equity by 3,531,000.
- Other factors increased equity by 8,716,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $74.05 Million | +13.9% |
| Dividends Paid | $15.75 Million | -2.96% |
| Share Repurchases | $11.53 Million | -2.16% |
| Other Comprehensive Income | $-3.53 Million | -0.66% |
| Other Changes | $8.72 Million | +1.64% |
| Total Change | $- | 10.80% |
Book Value vs Market Value Analysis
This analysis compares Lindsay Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 243.56x to 2.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-08-31 | $0.43 | $105.64 | x |
| 1988-08-31 | $0.51 | $105.64 | x |
| 1989-08-31 | $1.02 | $105.64 | x |
| 1990-08-31 | $1.53 | $105.64 | x |
| 1991-08-31 | $2.09 | $105.64 | x |
| 1992-08-31 | $2.82 | $105.64 | x |
| 1993-08-31 | $3.52 | $105.64 | x |
| 1994-08-31 | $4.29 | $105.64 | x |
| 1995-08-31 | $4.31 | $105.64 | x |
| 1996-08-31 | $5.38 | $105.64 | x |
| 1997-08-31 | $5.80 | $105.64 | x |
| 1998-08-31 | $6.24 | $105.64 | x |
| 1999-08-31 | $6.25 | $105.64 | x |
| 2000-08-31 | $6.19 | $105.64 | x |
| 2001-08-31 | $6.84 | $105.64 | x |
| 2002-08-31 | $7.65 | $105.64 | x |
| 2003-08-31 | $8.74 | $105.64 | x |
| 2004-08-31 | $9.39 | $105.64 | x |
| 2005-08-31 | $9.26 | $105.64 | x |
| 2006-08-31 | $10.32 | $105.64 | x |
| 2007-08-31 | $11.79 | $105.64 | x |
| 2008-08-31 | $15.90 | $105.64 | x |
| 2009-08-31 | $16.66 | $105.64 | x |
| 2010-08-31 | $18.24 | $105.64 | x |
| 2011-08-31 | $21.72 | $105.64 | x |
| 2012-08-31 | $24.27 | $105.64 | x |
| 2013-08-31 | $29.50 | $105.64 | x |
| 2014-08-31 | $29.70 | $105.64 | x |
| 2015-08-31 | $24.34 | $105.64 | x |
| 2016-08-31 | $23.02 | $105.64 | x |
| 2017-08-31 | $25.25 | $105.64 | x |
| 2018-08-31 | $25.70 | $105.64 | x |
| 2019-08-31 | $24.81 | $105.64 | x |
| 2020-08-31 | $27.49 | $105.64 | x |
| 2021-08-31 | $30.81 | $105.64 | x |
| 2022-08-31 | $35.66 | $105.64 | x |
| 2023-08-31 | $41.19 | $105.64 | x |
| 2024-08-31 | $43.65 | $105.64 | x |
| 2025-08-31 | $48.80 | $105.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lindsay Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.95%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.58x
- Recent ROE (13.90%) is below the historical average (16.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 23.53% | 2.96% | 2.85x | 2.79x | $920.00K |
| 1988 | 47.50% | 4.99% | 3.17x | 3.00x | $3.00 Million |
| 1989 | 46.25% | 7.99% | 2.92x | 1.98x | $5.80 Million |
| 1990 | 35.00% | 8.18% | 2.19x | 1.95x | $6.00 Million |
| 1991 | 27.13% | 9.02% | 1.63x | 1.84x | $5.62 Million |
| 1992 | 24.77% | 10.10% | 1.53x | 1.61x | $6.56 Million |
| 1993 | 19.28% | 10.48% | 1.28x | 1.44x | $5.15 Million |
| 1994 | 17.47% | 10.56% | 1.27x | 1.30x | $5.09 Million |
| 1995 | 17.03% | 10.47% | 1.30x | 1.25x | $4.83 Million |
| 1996 | 21.48% | 12.11% | 1.41x | 1.26x | $8.82 Million |
| 1997 | 23.10% | 12.70% | 1.47x | 1.24x | $11.40 Million |
| 1998 | 25.85% | 15.09% | 1.43x | 1.20x | $14.41 Million |
| 1999 | 15.36% | 10.88% | 1.16x | 1.21x | $4.43 Million |
| 2000 | 17.06% | 10.18% | 1.35x | 1.24x | $5.46 Million |
| 2001 | 9.78% | 6.28% | 1.26x | 1.23x | $-180.60K |
| 2002 | 11.76% | 7.31% | 1.29x | 1.24x | $1.60 Million |
| 2003 | 12.36% | 7.89% | 1.25x | 1.26x | $2.46 Million |
| 2004 | 8.28% | 4.72% | 1.42x | 1.24x | $-1.93 Million |
| 2005 | 4.43% | 2.73% | 1.31x | 1.23x | $-6.09 Million |
| 2006 | 9.68% | 5.18% | 1.18x | 1.59x | $-390.00K |
| 2007 | 11.08% | 5.54% | 1.16x | 1.72x | $1.52 Million |
| 2008 | 20.11% | 8.29% | 1.45x | 1.67x | $19.81 Million |
| 2009 | 6.66% | 4.11% | 1.09x | 1.48x | $-6.94 Million |
| 2010 | 10.83% | 6.94% | 1.10x | 1.42x | $1.90 Million |
| 2011 | 13.35% | 7.68% | 1.26x | 1.38x | $9.24 Million |
| 2012 | 13.92% | 7.85% | 1.33x | 1.34x | $12.19 Million |
| 2013 | 18.54% | 10.21% | 1.35x | 1.35x | $32.51 Million |
| 2014 | 13.46% | 8.34% | 1.17x | 1.38x | $13.25 Million |
| 2015 | 9.12% | 4.70% | 1.04x | 1.86x | $-2.55 Million |
| 2016 | 8.06% | 3.92% | 1.03x | 1.99x | $-4.89 Million |
| 2017 | 8.58% | 4.47% | 1.02x | 1.87x | $-3.83 Million |
| 2018 | 7.32% | 3.70% | 1.09x | 1.81x | $-7.41 Million |
| 2019 | 0.81% | 0.49% | 0.89x | 1.87x | $-24.65 Million |
| 2020 | 12.94% | 8.14% | 0.83x | 1.91x | $8.78 Million |
| 2021 | 12.58% | 7.50% | 0.89x | 1.88x | $8.73 Million |
| 2022 | 16.64% | 8.49% | 1.08x | 1.81x | $26.13 Million |
| 2023 | 15.88% | 10.74% | 0.90x | 1.64x | $26.81 Million |
| 2024 | 13.78% | 10.91% | 0.80x | 1.58x | $18.17 Million |
| 2025 | 13.90% | 10.95% | 0.80x | 1.58x | $20.77 Million |
Industry Comparison
This section compares Lindsay Corporation's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $689,159,662
- Average return on equity (ROE) among peers: -349.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lindsay Corporation (LNN) | $499.10 Million | 23.53% | 0.65x | $1.07 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $857.52 Million |
| AGCO Corporation (AGCO) | $3.88 Billion | 22.91% | 1.60x | $7.68 Billion |
| Agrify Corp (AGFY) | $28.09 Million | -148.62% | 0.92x | $89.44 Million |
| Alamo Group Inc (ALG) | $569.76 Million | 11.08% | 1.13x | $1.77 Billion |
| Arts-Way Manufacturing Co Inc (ARTW) | $10.14 Million | 22.02% | 0.97x | $15.14 Million |
| Astec Industries Inc (ASTE) | $95.90 Million | 4.80% | 0.61x | $884.07 Million |
| Blue Bird Corp (BLBD) | $1.38 Million | -3311.07% | 263.92x | $1.83 Billion |
| CEA Industries Inc. (BNC) | $364.88 Million | 46.64% | 0.20x | $205.46 Million |
| Caterpillar Inc (CAT) | $1.57 Billion | -154.60% | 7.85x | $321.50 Billion |
| CEA Industries Inc (CEAD) | $-1.33 Million | 0.00% | 0.00x | $6.66 Million |
About Lindsay Corporation
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers un… Read more