Lindsay (LNN) Gross Margin (2010 - 2026)
Lindsay (LNN) recorded quarterly Gross Margin of 27.38% in Q1 2026, down 14.85% quarter-over-quarter from 32.15% in Q4 2025, and down 603.0% on a YoY basis from 5.44% in Q1 2025.
Lindsay (LNN) Gross Margin (2010 - 2026) Analysis & Trends
Lindsay's Gross Margin history runs 17 years deep, the most recent figure standing at 27.38% for Q1 2026.
- In Q1 2026, Gross Margin fell 603.0% year-over-year to 27.38%; the TTM figure through Feb 2026 stood at 30.3% (down 277.0% YoY), while the FY2025 annual figure was 31.16%, down 154.0% from the prior year.
- Gross Margin was 27.38% for Q1 2026 at Lindsay, down from 32.15% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.57% in Q3 2024 to a low of 21.66% in Q1 2022.
- Historically, Gross Margin has averaged 30.9% across 5 years, with a median of 32.15% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 755 bps in 2022, then surged 1139 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 30.1% in 2022, then grew by 3 bps to 30.93% in 2023, then rose by 1 bps to 31.12% in 2024, then increased by 3 bps to 32.15% in 2025, then fell by 15 bps to 27.38% in 2026.
- The last three Gross Margin figures came in at 27.38% (Q1 2026), 32.15% (Q4 2025), and 29.11% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 35.08% |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 20.07% |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 13.46% |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | 11.88% |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 20.03% |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 25.12% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 27.38% |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 25.01% |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | 15.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 27.38% |
| Nov 30, 2025 | 32.15% |
| Aug 31, 2025 | 29.11% |
| May 31, 2025 | 32.37% |
| Feb 28, 2025 | 33.40% |
| Nov 30, 2024 | 31.12% |
| Aug 31, 2024 | 34.57% |
| May 31, 2024 | 33.40% |
| Feb 29, 2024 | 32.31% |
| Nov 30, 2023 | 30.93% |
| Aug 31, 2023 | 32.17% |
| May 31, 2023 | 32.34% |
| Feb 28, 2023 | 33.06% |
| Nov 30, 2022 | 30.10% |
| Aug 31, 2022 | 30.36% |
| May 31, 2022 | 28.79% |
| Feb 28, 2022 | 21.66% |
| Nov 30, 2021 | 22.53% |
| Aug 31, 2021 | 21.85% |
| May 31, 2021 | 27.21% |