Lindsay Corporation — Earnings Quality Grade A
LNN · Industrials
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 61 days, change -9 days YoY
AR growth -3.1% vs revenue growth 11.4%
Revenue 11.4%, CFFO 38.8%. Cash follows revenue
Expense Quality
Inventory -11.4% vs COGS 11.9%. Normal
CapEx growth 46.6% is >2x revenue growth 11.4%
SG&A/Gross Profit = 49.7%. Normal
Gross margin 31.2%, change -0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.79. Profits backed by cash
FCF $0.1B, FCF/NI = 1.22
Accruals ratio = -7.0%. Low accruals
Cash $0.3B covers debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 20% of equity. Manageable
Debt/EBITDA = 1.2x. Healthy
Other assets -20.2% vs revenue 11.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
M-Score = -2.79 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25