Lindsay (LNN) Asset Utilization Ratio (2011 - 2026)
Lindsay's (LNN) Asset Utilization Ratio was 0.76 for fiscal Q3 2026 (quarter ended May 31, 2026), down 7.6% from 0.82 a year earlier and down 1.0% from the prior quarter.
Lindsay (LNN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Asset Utilization Ratio at Lindsay was 0.84, up 4.8% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 0.81 in FY2024 (-12.9%), 0.93 in FY2023 (-19.1%), 1.14 in FY2022 (+21.7%) and 0.94 in FY2021 (+6.0%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q4 2011.
- Year over year, Asset Utilization Ratio has now declined in each of the last three quarters, with an average decline of 4.7% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2022 (growth of 22.1%); the low point was fiscal Q1 2024 (a decline of 20.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.76 (Q2 2026), 0.80 (Q1 2026) and 0.80 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.01 |
| 10 | Lindsay | 1.15 Bn | 358.63 Mn | 47.83 Mn | 0.76 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.76 |
| Feb 28, 2026 | 0.76 |
| Nov 30, 2025 | 0.80 |
| Aug 31, 2025 | 0.80 |
| May 31, 2025 | 0.82 |
| Feb 28, 2025 | 0.82 |
| Nov 30, 2024 | 0.80 |
| Aug 31, 2024 | 0.80 |
| May 31, 2024 | 0.81 |
| Feb 29, 2024 | 0.84 |
| Nov 30, 2023 | 0.87 |
| Aug 31, 2023 | 0.92 |
| May 31, 2023 | 0.97 |
| Feb 28, 2023 | 1.05 |
| Nov 30, 2022 | 1.10 |
| Aug 31, 2022 | 1.08 |
| May 31, 2022 | 1.06 |
| Feb 28, 2022 | 1.03 |
| Nov 30, 2021 | 0.97 |
| Aug 31, 2021 | 0.89 |
Lindsay Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LNN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LNN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();