Lindsay (LNN) Tax Rate (2010 - 2026)
Lindsay's Tax Rate came in at 23.33% for fiscal Q3 2026 (quarter ended May 31, 2026), down 0.84 percentage points from 24.17% a year earlier but up 0.70 percentage points from the prior quarter.
Lindsay (LNN) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Lindsay reported Tax Rate of 23.07%, up 2.06 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it came in at 21.71%, up 5.52 percentage points from FY2024.
- Tax Rate carries a five-year change of +0.79 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 16.18% in FY2024 (-11.71 pp), 27.89% in FY2023 (+2.40 pp), 25.49% in FY2022 (+9.98 pp) and 15.51% in FY2021 (-5.40 pp).
- The five-year range for quarterly Tax Rate is -1.02% (fiscal Q3 2024) to 34.59% (fiscal Q3 2023).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +2.58 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q3 2025 (a gain of 25.19 percentage points), and the weakest in fiscal Q3 2024 (a drop of 35.61 percentage points).
- Business Quant data shows LNN's Tax Rate at 22.62% (Q2 2026), 24.67% (Q1 2026) and 20.62% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 24.54% |
| 10 | Lindsay | 1.15 Bn | 358.63 Mn | 47.83 Mn | 23.33% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 23.33% |
| Feb 28, 2026 | 22.62% |
| Nov 30, 2025 | 24.67% |
| Aug 31, 2025 | 20.62% |
| May 31, 2025 | 24.17% |
| Feb 28, 2025 | 19.99% |
| Nov 30, 2024 | 22.24% |
| Aug 31, 2024 | 16.13% |
| Feb 29, 2024 | 20.27% |
| Nov 30, 2023 | 28.58% |
| Aug 31, 2023 | 22.79% |
| May 31, 2023 | 34.59% |
| Feb 28, 2023 | 29.92% |
| Nov 30, 2022 | 24.16% |
| Aug 31, 2022 | 24.12% |
| May 31, 2022 | 29.53% |
| Feb 28, 2022 | 24.15% |
| Nov 30, 2021 | 16.89% |
| Aug 31, 2021 | 25.48% |
| May 31, 2021 | 16.07% |
Lindsay Tax Rate 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=tax-rate&ticker=LNN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();