Lindsay Corporation (LNN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 76,608 | 86,472 | 93,493 | 98,660 | 102,184 | 106,602 | 114,807 | 105,880 | 94,643 | 76,284 | 62,463 | 59,934 | 54,108 | 62,141 | 56,628 | 49,461 | 54,202 | 40,806 | 29,453 | 16,351 |
| 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 |
| Operating profit margin | 12.62% | 13.96% | 14.50% | 14.96% | 15.16% | 15.29% | 15.37% | 13.56% | 12.28% | 10.39% | 9.16% | 9.58% | 9.53% | 11.46% | 11.25% | 10.44% | 11.42% | 9.10% | 6.60% | 3.70% |
August 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $76,608K ÷ $607,074K
= 12.62%
Lindsay Corporation's operating profit margin has shown fluctuations over the past several periods. The operating profit margin, a key indicator of the company's operational efficiency, has ranged from a low of 3.70% in November 2019 to a high of 15.37% in February 2023.
From November 2019 to August 2020, there was a consistent upward trend in the operating profit margin, indicating improvements in the company's profitability. However, starting from the February 2021 period, the operating profit margin began to decline before stabilizing around 10-12% in more recent periods.
The highest operating profit margin of 15.37% in February 2023 suggests that Lindsay Corporation was able to generate more profits from its core operations relative to its sales during that period. On the other hand, the lowest operating profit margin of 3.70% in November 2019 may indicate challenges or inefficiencies in the company's cost management or revenue generation during that period.
Overall, the varying operating profit margin figures reflect the company's ability to effectively manage costs, generate revenues, and improve profitability over time. The company should continue to monitor and analyze its operating profit margin to ensure sustained financial health and performance.
Peer comparison
Aug 31, 2024