Lindsay Corporation

Lindsay Corporationverified

LNN

Price:

$123.06

Market Cap:

$1.34B

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in 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 under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. It also offers repair and replacement parts for its irrigation systems...[Read more]

Industry

Agricultural - Machinery

IPO Date

1988-10-13

Stock Exchange

NYSE

Ticker

LNN

The Current Ratio as of September 2024 (TTM) for Lindsay Corporation (LNN) is 3.95

According to Lindsay Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.95. This represents a change of 5.78% compared to the average of 3.73 of the last 4 quarters.

Lindsay Corporation (LNN) Historical Current Ratio (quarterly & annually)

How has LNN Current Ratio performed in the past?

The mean historical Current Ratio of Lindsay Corporation over the last ten years is 3.40. The current 3.95 Current Ratio has changed 11.51% with respect to the historical average. Over the past ten years (40 quarters), LNN's Current Ratio was at its highest in in the August 2018 quarter at 4.13. The Current Ratio was at its lowest in in the May 2022 quarter at 2.74.

Quarterly (TTM)
Annual

Average

3.40

Median

3.36

Minimum

2.96

Maximum

4.13

Lindsay Corporation (LNN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lindsay Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.86%

Maximum Annual Current Ratio = 4.13

Minimum Annual Increase = -11.42%

Minimum Annual Current Ratio = 2.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.5820.82%
20222.96-1.51%
20213.01-11.42%
20203.40-10.98%
20193.82-7.65%
20184.1329.86%
20173.18-4.26%
20163.32-1.85%
20153.395.37%
20143.21-11.01%

Lindsay Corporation (LNN) Average Current Ratio

How has LNN Current Ratio performed in the past?

The current Current Ratio of Lindsay Corporation (LNN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.19

5-year avg

3.35

10-year avg

3.40

Lindsay Corporation (LNN) Current Ratio vs. Peers

How is LNN’s Current Ratio compared to its peers?

Lindsay Corporation’s Current Ratio is greater than Columbus McKinnon Corporation (2.07), greater than Astec Industries, Inc. (2.49), greater than The Shyft Group, Inc. (1.86), greater than AGCO Corporation (1.52), greater than REV Group, Inc. (1.85), less than Gencor Industries, Inc. (26.55), greater than The Manitowoc Company, Inc. (1.89), less than Alamo Group Inc. (4.37), greater than Hyster-Yale Materials Handling, Inc. (1.31), greater than Manitex International, Inc. (1.55), less than CNH Industrial N.V. (6.30), greater than Deere & Company (0.68), greater than Caterpillar Inc. (1.28), greater than Wabash National Corporation (1.99), greater than Terex Corporation (2.21),

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