Lindsay Corporation (LNN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.74% | 31.84% | 31.60% | 31.22% | 30.27% | 27.51% | 25.84% | 23.92% | 23.17% | 24.99% | 26.46% | 29.87% | 31.31% | 31.63% | 32.14% | 30.94% | 28.91% | 27.19% | 25.81% | 24.79% |
| Operating profit margin | 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% | 1.38% | 1.88% |
| Pretax margin | 14.64% | 14.77% | 14.90% | 14.22% | 14.59% | 13.11% | 11.40% | 9.81% | 8.45% | 8.48% | 8.88% | 11.26% | 10.36% | 9.39% | 10.29% | 7.29% | 5.29% | 2.65% | 0.48% | 1.25% |
| 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% |
Lindsay Corporation's profitability ratios have shown some variability over the past few quarters. The gross profit margin has generally increased, indicating the company is becoming more efficient in managing its production costs. However, there was a slight dip in the most recent quarter compared to the previous one.
The operating profit margin has also shown fluctuations but has generally trended upwards, indicating the company is managing its operating expenses effectively to generate more profit from its core business activities. The pretax margin has shown a similar pattern, with an overall increase over the quarters.
The net profit margin, which indicates the company's overall profitability after accounting for all expenses, has also shown an upward trend, although with some fluctuations. This suggests that Lindsay Corporation is improving its overall profitability despite facing some challenges in certain quarters.
In conclusion, while there have been some fluctuations in Lindsay Corporation's profitability ratios, the general trend shows improvements in managing costs and generating higher profits. It will be important for the company to continue monitoring and optimizing its operations to sustain and improve its profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.22% | 12.91% | 13.70% | 14.73% | 16.19% | 14.95% | 13.32% | 10.72% | 9.23% | 9.23% | 8.49% | 9.68% | 9.49% | 8.60% | 9.50% | 7.32% | 5.51% | 3.10% | 1.22% | 1.73% |
| Return on assets (ROA) | 9.05% | 9.06% | 9.71% | 9.82% | 11.18% | 10.70% | 9.21% | 7.49% | 6.81% | 6.68% | 6.68% | 8.01% | 7.33% | 6.50% | 6.77% | 4.57% | 3.42% | 1.77% | 0.43% | 1.12% |
| Return on total capital | 16.37% | 17.38% | 18.25% | 18.65% | 20.99% | 20.46% | 18.11% | 15.42% | 13.20% | 12.62% | 12.15% | 14.57% | 13.10% | 11.74% | 12.94% | 9.39% | 7.22% | 4.23% | 1.80% | 2.73% |
| Return on equity (ROE) | 14.34% | 14.82% | 15.88% | 16.27% | 18.77% | 18.72% | 16.64% | 14.01% | 12.92% | 12.69% | 12.58% | 15.30% | 13.71% | 12.30% | 12.94% | 9.00% | 6.58% | 3.41% | 0.81% | 2.09% |
Lindsay Corporation's profitability ratios have shown fluctuations over the period provided. The Operating ROA has ranged from 12.22% to 16.19% with a general increasing trend, indicating the company's ability to generate operating income from its assets. The ROA has ranged from 9.05% to 11.18%, also showing an upward trend, reflecting the company's overall ability to generate profits from its total assets.
The return on total capital has shown variability, ranging from 16.37% to 20.99%, indicating the firm's efficiency in utilizing both equity and debt capital to generate profits. The ROE has fluctuated between 12.58% and 18.77%, demonstrating the return generated for shareholders' equity.
Overall, Lindsay Corporation's profitability ratios suggest a generally positive trend in generating returns for both assets and equity over the periods analyzed. However, it is important to further investigate the factors influencing these ratios to understand the company's performance in greater depth.