Lindsay (STU:LMF) Gross Margin %: 26.85% (As of Feb. 2026) — Near Median


STU:LMF Lindsay Corp STU:LMF
66 GF Score
Price €109.00
GF Value €109.15
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Lindsay Gross Margin %?

Lindsay STU:LMF 66 Gross Margin % is 26.85% as of Feb. 2026, which is 5% below its 10-year median of 28.39. GuruFocus rates STU:LMF with a GF Score™ of 66/100 and a GF Value™ of €109.15 (Fairly Valued). The stock has 3 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Lindsay ranks better than 66.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Lindsay's Gross Profit for the three months ended in Feb. 2026 was €35.8 Mil. Lindsay's Revenue for the three months ended in Feb. 2026 was €133.4 Mil. Therefore, Lindsay's Gross Margin % for the quarter that ended in Feb. 2026 was 26.85%.


The historical rank and industry rank for Lindsay's Gross Margin % or its related term are showing as below:

STU:LMF' s Gross Margin % Range Over the Past 10 Years
Min: 25.81   Med: 28.39   Max: 32.14
Current: 29.97


During the past 13 years, the highest Gross Margin % of Lindsay was 32.14%. The lowest was 25.81%. And the median was 28.39%.

STU:LMF's Gross Margin % is ranked better than
66.19% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.595 vs STU:LMF: 29.97

Lindsay had a gross margin of 26.85% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lindsay was 1.60% per year.


Lindsay  (STU:LMF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lindsay had a gross margin of 26.85% for the quarter that ended in Feb. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Lindsay Gross Margin % Related Terms


Lindsay Gross Margin % Historical Data

* Premium members only.

The historical data trend for Lindsay's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lindsay Gross Margin % Chart

Lindsay Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.46 25.84 31.60 31.47 31.16

Lindsay Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.40 31.64 29.11 32.15 26.85

STU:LMF vs ASTE, AEBI, HY: Gross Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Lindsay's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lindsay Gross Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lindsay's Gross Margin % falls into.


STU:LMF
66GF Score
Lindsay Corp STU:LMF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindsay Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lindsay's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=181.1 / 581
=(Revenue - Cost of Goods Sold) / Revenue
=(581 - 399.94) / 581
=31.16 %

Lindsay's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=35.8 / 133.427
=(Revenue - Cost of Goods Sold) / Revenue
=(133.427 - 97.6) / 133.427
=26.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 26.85% mean?
Lindsay (STU:LMF) has a Gross Margin % of 26.85% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lindsay and its competitors. This is near median its historical median of 28.39. Over the past decade, Lindsay's Gross Margin % has ranged from 25.81 to 32.14. According to the industry distribution chart, Lindsay ranks #71 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 33.8%.
Is Lindsay's Gross Margin % too high?
Lindsay's current Gross Margin % of 26.85% is near median its 10-year median of 28.39. Over the past 10 years, this metric has ranged from a low of 25.81 to a high of 32.14. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.60. Lindsay's value of 26.85% is 4.9% above this industry median. Based on the distribution chart, Lindsay ranks #71 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Lindsay has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lindsay's Gross Margin % compare to ASTE and AEBI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lindsay ranks #71 out of 210 companies for Gross Margin %. This puts Lindsay in the upper half of its industry. The industry median Gross Margin % is 25.60. Lindsay's value of 26.85% is 4.9% above this benchmark. Historically, Lindsay's own Gross Margin % has ranged from 25.81 to 32.14 over the past decade. While the company's 10-year median is 28.39 vs. the industry median of 25.60, Lindsay has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.60, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lindsay's current Gross Margin % of 26.85% is 4.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Lindsay and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindsay's current Gross Margin % is 26.85%, which is near median its own 10-year median of 28.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindsay stock overvalued right now?
Based on GuruFocus' analysis, Lindsay (STU:LMF) is currently considered Fairly Valued. The stock's GF Value™ is €109.15, compared to a current price of €109.00 — trading 0.1% below its estimated fair value. The current Gross Margin % is 26.85%, which is near median its 10-year median of 28.39 and 4.9% above the Farm & Heavy Construction Machinery industry median of 25.60. Lindsay's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Lindsay (STU:LMF), the current Gross Margin % is 26.85% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lindsay (STU:LMF) Overvalued in 2026?

Based on GuruFocus' analysis, Lindsay stock appears to be undervalued. The current stock price of €109.00 is trading 0.1% below its estimated GF Value™ of €109.15. GuruFocus considers Lindsay to be Fairly Valued.

Key valuation signals for STU:LMF:

  • Gross Margin %: 26.85% (near median its 10-year median of 28.39)
  • GF Value™: €109.15 vs. price of €109.00 (0.1% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 4.9% above the Farm & Heavy Construction Machinery median (#71 of 210)

No single metric tells the full story. See the STU:LMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindsay Business Description

Other Exchanges LNN:USALMF:Germany
Address 18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
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.
66GF Score

Get the complete analysis for STU:LMF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€109.00
Price
€109.15
GF Value