Lindsay Corporation (LNN)
Net profit margin
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 66,257 | 72,750 | 69,252 | 69,181 | 72,379 | 71,079 | 79,271 | 75,785 | 65,469 | 53,344 | 46,068 | 43,378 | 42,572 | 51,442 | 43,739 | 37,379 | 38,629 | 25,458 | 18,261 | 9,305 |
| Revenue (ttm) | US$ in thousands | 607,074 | 619,207 | 644,561 | 659,283 | 674,084 | 697,149 | 746,855 | 780,751 | 770,744 | 734,196 | 681,873 | 625,313 | 567,646 | 542,403 | 503,573 | 473,784 | 474,692 | 448,172 | 446,120 | 441,514 |
| Net profit margin | 10.91% | 11.75% | 10.74% | 10.49% | 10.74% | 10.20% | 10.61% | 9.71% | 8.49% | 7.27% | 6.76% | 6.94% | 7.50% | 9.48% | 8.69% | 7.89% | 8.14% | 5.68% | 4.09% | 2.11% |
August 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $66,257K ÷ $607,074K
= 10.91%
Net profit margin is a key financial metric that indicates the percentage of revenue that remains as profit after all expenses have been deducted. Over the past 20 quarters, Lindsay Corporation has shown fluctuations in its net profit margin.
The net profit margin has generally improved from 2.11% in November 2019 to 11.75% in May 2024. This upward trend indicates an enhancement in the company's profitability over time. However, there have been periods of slight decline in the net profit margin, such as the drop from 10.91% in August 2024 to 10.74% in February 2024.
It is important to note that despite these fluctuations, Lindsay Corporation has maintained a relatively healthy net profit margin above 5% in most quarters. This demonstrates the company's ability to control costs and generate profits from its operations consistently.
Overall, the analysis of Lindsay Corporation's net profit margin suggests a positive trend in profitability, with some variability in performance over the quarters. The company's ability to sustain and improve its net profit margin reflects its efficiency in managing expenses and generating profits.
Peer comparison
Aug 31, 2024