Lindsay Corporation (LNN)

Pretax margin

		Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	79,050	100,375	87,868	50,386	48,843
Revenue	US$ in thousands	607,074	674,084	770,743	567,646	474,692
Pretax margin		13.02%	14.89%	11.40%	8.88%	10.29%

August 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $79,050K ÷ $607,074K
= 13.02%

Lindsay Corporation's pretax margin has fluctuated over the past five years, with a range of 8.88% to 14.89%. The pretax margin decreased from 2023 to 2024, indicating a decline in the company's profitability before considering taxes. However, the pretax margin in 2024 remained relatively healthy at 13.02%. This suggests that the company is effectively controlling its expenses and operating efficiently to generate earnings before tax. It is important for Lindsay Corporation to continue monitoring and managing its pretax margin to ensure sustainable profitability in the future.

Peer comparison

Aug 31, 2024

Company name

Symbol

Pretax margin

Lindsay Corporation

LNN

13.02%