Lindsay Corporation (LNN)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 76,608 | 102,184 | 94,643 | 54,107 | 54,202 |
| Revenue | US$ in thousands | 607,074 | 674,084 | 770,743 | 567,646 | 474,692 |
| Operating profit margin | 12.62% | 15.16% | 12.28% | 9.53% | 11.42% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $76,608K ÷ $607,074K
= 12.62%
The operating profit margin of Lindsay Corporation has shown fluctuation over the past five years. The margin was highest in 2023 at 15.16% and lowest in 2021 at 9.53%. In 2024, the operating profit margin stands at 12.62%, indicating that the company generated 12.62 cents of operating profit for every dollar of sales. This suggests that the company effectively managed its operational expenses to generate profit, although it decreased compared to the previous year. Overall, while there have been fluctuations, Lindsay Corporation has demonstrated a relatively healthy operating profit margin over the analyzed period.
Peer comparison
Aug 31, 2024