Lindsay Corporation (LNN)
Net profit margin
| 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 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 2,172 | 5,647 |
| Revenue (ttm) | US$ in thousands | 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 | 444,072 | 465,456 |
| Net profit margin | 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% | 0.49% | 1.21% |
February 29, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $69,252K ÷ $644,561K
= 10.74%
The net profit margin of Lindsay Corporation has shown a positive trend over the past few periods, indicating the company's ability to efficiently convert its revenue into profit. The margin has fluctuated within a range of 0.49% to 10.74% over the last few years, with the most recent data reporting a net profit margin of 10.74% as of February 29, 2024. This suggests an improvement in the company's profitability compared to previous periods.
Overall, Lindsay Corporation has demonstrated a consistent ability to generate profits relative to its revenue, with the margin gradually increasing over time. This indicates effective cost management and operational efficiency within the company, which is a positive sign for its financial performance and sustainability.
Peer comparison
Feb 29, 2024