Lindsay Corporation (LNN)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 66,257 | 72,379 | 65,469 | 42,572 | 38,629 |
| Revenue | US$ in thousands | 607,074 | 674,084 | 770,743 | 567,646 | 474,692 |
| Net profit margin | 10.91% | 10.74% | 8.49% | 7.50% | 8.14% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $66,257K ÷ $607,074K
= 10.91%
Lindsay Corporation's net profit margin has shown a generally positive trend over the past five years, increasing from 8.14% in 2020 to 10.91% in 2024. This indicates that the company has been able to improve its efficiency in generating profits relative to its revenue during this period. The upward trend suggests effective cost management and potentially higher revenue generation. It's worth noting that the company's net profit margin surpassed 10% in the latest fiscal year, indicating a solid performance in converting sales into profits. Overall, the consistent improvement in net profit margin reflects positively on Lindsay Corporation's financial performance and operational effectiveness.
Peer comparison
Aug 31, 2024