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- Lindsay
Lindsay Valuation Multiples
Discover revenue and EBITDA valuation multiples for Lindsay and similar public comparables like Alimak Group, Astec Industries, CS Wind, Newag and more.
Lindsay Overview
About Lindsay
Lindsay Corp provides proprietary water management and road infrastructure products and services. It manufactures and distributes agricultural irrigation equipment through two segments: Irrigation and Infrastructure. The Irrigation segment makes center pivot, lateral move, and hose reel irrigation systems and parts. The Infrastructure segment produces barriers, crash cushions, road marking and safety equipment, and railroad signals. The majority of revenue is from the Irrigation segment. The company operates in the United States and international markets, with the majority of revenue coming from the United States.
Founded
1974
HQ

Employees
1.3K
Website
Financials (LTM)
EV
$1B
Lindsay Financials
Lindsay reported last 12-month revenue of $669M and EBITDA of $104M.
In the same LTM period, Lindsay generated $213M in gross profit, $104M in EBITDA, and $71M in net income.
Revenue (LTM)
Lindsay P&L
In the most recent fiscal year, Lindsay reported revenue of $676M and EBITDA of $117M.
Lindsay expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $669M | XXX | $676M | XXX | XXX | XXX |
| Gross Profit | $213M | XXX | $211M | XXX | XXX | XXX |
| Gross Margin | 32% | XXX | 31% | XXX | XXX | XXX |
| EBITDA | $104M | XXX | $117M | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 17% | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | $71M | XXX | $74M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 11% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Lindsay Stock Performance
Lindsay has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Lindsay's stock price is $135.12.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.0% | XXX | XXX | XXX | $7.08 |
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Start Free TrialLindsay Valuation Multiples
Lindsay trades at 2.0x EV/Revenue multiple, and 12.9x EV/EBITDA.
EV / Revenue (LTM)
Lindsay Financial Valuation Multiples
As of March 28, 2026, Lindsay has market cap of $1B and EV of $1B.
Equity research analysts estimate Lindsay's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lindsay has a P/E ratio of 19.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 2.0x | XXX | 2.0x | XXX | XXX | XXX |
| EV/EBITDA | 12.9x | XXX | 11.5x | XXX | XXX | XXX |
| EV/EBIT | 16.1x | XXX | 15.2x | XXX | XXX | XXX |
| EV/Gross Profit | 6.3x | XXX | 6.4x | XXX | XXX | XXX |
| P/E | 19.9x | XXX | 19.1x | XXX | XXX | XXX |
| EV/FCF | 20.7x | XXX | 14.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Lindsay Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Lindsay Margins & Growth Rates
Lindsay's revenue in the last 12 month grew by 3%.
Lindsay's revenue per employee in the last FY averaged $0.5M.
Lindsay's rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Lindsay's rule of X is 22% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Lindsay Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | (2%) | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (14%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 18% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 22% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 9% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 3% | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 18% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Lindsay Public Comps
See public comps and valuation multiples for other Machinery and Construction & Engineering comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Alimak Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Astec Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| CS Wind | XXX | XXX | XXX | XXX | XXX | XXX |
| Newag | XXX | XXX | XXX | XXX | XXX | XXX |
| Kier Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Lindsay M&A Activity
Lindsay acquired XXX companies to date.
Last acquisition by Lindsay was on XXXXXXXX, XXXXX. Lindsay acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Lindsay
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialLindsay Investment Activity
Lindsay invested in XXX companies to date.
Lindsay made its latest investment on XXXXXXXX, XXXXX. Lindsay invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Lindsay
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Lindsay
| When was Lindsay founded? | Lindsay was founded in 1974. |
| Where is Lindsay headquartered? | Lindsay is headquartered in United States. |
| How many employees does Lindsay have? | As of today, Lindsay has over 1K employees. |
| Who is the CEO of Lindsay? | Lindsay's CEO is Randy A. Wood. |
| Is Lindsay publicly listed? | Yes, Lindsay is a public company listed on NYSE. |
| What is the stock symbol of Lindsay? | Lindsay trades under LNN ticker. |
| When did Lindsay go public? | Lindsay went public in 1988. |
| Who are competitors of Lindsay? | Lindsay main competitors are Alimak Group, Astec Industries, CS Wind, Newag. |
| What is the current market cap of Lindsay? | Lindsay's current market cap is $1B. |
| What is the current revenue of Lindsay? | Lindsay's last 12 months revenue is $669M. |
| What is the current revenue growth of Lindsay? | Lindsay revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Lindsay? | Current revenue multiple of Lindsay is 2.0x. |
| Is Lindsay profitable? | Yes, Lindsay is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Lindsay? | Lindsay's last 12 months EBITDA is $104M. |
| What is Lindsay's EBITDA margin? | Lindsay's last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of Lindsay? | Current EBITDA multiple of Lindsay is 12.9x. |
| What is the current FCF of Lindsay? | Lindsay's last 12 months FCF is $65M. |
| What is Lindsay's FCF margin? | Lindsay's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of Lindsay? | Current FCF multiple of Lindsay is 20.7x. |
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