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LNN NYSE

Lindsay Corporation
1W: +2.8% 1M: +0.8% 3M: -19.9% YTD: -9.7% 1Y: -22.2% 3Y: -3.9% 5Y: -31.3%
$109.19
+0.01 (+0.01%)
 
Weekly Expected Move ±3.5%
$98 $101 $105 $109 $113
NYSE · Industrials · Agricultural - Machinery · Alpha Radar Neutral · Power 51 · $1.1B mcap · 10M float · 1.63% daily turnover · Short 61% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NARROW EDGE
59.4 / 100
NoneWeakNarrowWide
Primary source: Efficient Scale  ·  ROIC: 12.4%  ·  5Y Avg: 20.0%
Cost Advantage
78
Intangibles
53
Switching Cost
38
Network Effect
45
Scale ★
95
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. LNN has a Narrow competitive edge (59.4/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Efficient Scale. ROIC of 12.4% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$0
Low
$125
Avg Target
$125
High
Based on 2 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 0Buy: 4Hold: 11Sell: 0Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$125.00
Analysts2
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-01-09 Stifel Nicolaus Nathan Jones $122 $128 +6 +1.1% $126.64
2025-10-24 Stifel Nicolaus $134 $122 -12 +4.7% $116.54
2025-04-04 Stifel Nicolaus Nathan Jones $135 $134 -1 +11.9% $119.79
2024-04-05 Northcoast Research Lindsay to Buy Initiated $142 +24.0% $114.49
2023-09-15 Stifel Nicolaus Nathan Jones Initiated $135 +18.2% $114.19

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-
May 22, 2026
DCF
4
ROE
4
ROA
5
D/E
3
P/E
2
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. LNN receives an overall rating of A-. Strongest factors: DCF (4/5), ROE (4/5), ROA (5/5). Areas of concern: P/E (2/5), P/B (2/5).
Rating Change History
DateFromTo
2026-04-24 B+ A-
2026-04-02 A- B+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

49 Grade B
Profitability
36
Balance Sheet
94
Earnings Quality
66
Growth
21
Value
61
Momentum
55
Safety
100
Cash Flow
53
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. LNN scores highest in Safety (100/100) and lowest in Growth (21/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
5.63
Safe Zone
Piotroski F-Score
5/9
Beneish M-Score
-2.72
Unlikely Manipulator
Ohlson O-Score
-8.94
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AAA
Score: 95.4/100
Trend: Improving
Earnings Quality
75/100
OCF/NI: 2.09x
Accruals: -8.0%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. LNN scores 5.63, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. LNN scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. LNN's score of -2.72 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. LNN's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. LNN receives an estimated rating of AAA (score: 95.4/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). LNN's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
19.58x
PEG
-0.89x
P/S
1.79x
P/B
2.27x
P/FCF
19.83x
P/OCF
11.60x
EV/EBITDA
14.60x
EV/Revenue
2.06x
EV/EBIT
17.66x
EV/FCF
18.24x
Earnings Yield
4.13%
FCF Yield
5.04%
Shareholder Yield
5.70%
Graham Number
$79.32
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 19.6x earnings, LNN trades at a reasonable valuation. Graham's intrinsic value formula yields $79.32 per share, 38% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.767
NI / EBT
×
Interest Burden
1.033
EBT / EBIT
×
EBIT Margin
0.117
EBIT / Rev
×
Asset Turnover
0.795
Rev / Assets
×
Equity Multiplier
1.579
Assets / Equity
=
ROE
11.6%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. LNN's ROE of 11.6% is driven by Asset Turnover (0.795), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
$47.25
Price/Value
2.85x
Margin of Safety
-185.09%
Premium
185.09%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with LNN's realized 0.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. LNN trades at a 185% premium to its adjusted intrinsic value of $47.25, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 19.6x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$109.19
Median 1Y
$105.61
5th Pctile
$59.63
95th Pctile
$187.16
Ann. Volatility
35.5%
25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Randy A. Wood
President and Chief Executive Officer
$837,744 $2,375,165 $5,095,625
Brian L. Ketcham
Senior Vice President and Chief Financial Officer
$457,171 $514,555 $1,549,292
Gustavo E. Oberto
President – Irrigation
$433,975 $356,200 $1,222,538
J. Scott Marion
President – Infrastructure
$390,102 $356,200 $1,162,088

CEO Pay Ratio

62:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $5,095,625
Avg Employee Cost (SGA/emp): $82,138
Employees: 1,275

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
1,275
-0.4% YoY
Revenue / Employee
$530,485
Rev: $676,368,000
Profit / Employee
$58,080
NI: $74,052,000
SGA / Employee
$82,138
Avg labor cost proxy
R&D / Employee
$14,063
Innovation spend

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE 18.2% 13.4% 13.6% 14.5% 16.7% 17.9% 20.7% 21.7% 19.4% 17.1% 16.3% 16.3% 17.1% 14.1% 14.6% 16.4% 16.2% 14.6% 14.5% 11.6% 11.62%
ROA 9.6% 7.1% 7.2% 7.6% 8.8% 9.7% 11.2% 11.8% 10.5% 9.9% 9.5% 9.5% 10.0% 8.8% 9.1% 10.2% 10.1% 9.3% 9.2% 7.4% 7.36%
ROIC 17.2% 13.9% 14.9% 15.1% 17.1% 17.0% 18.9% 20.1% 18.4% 17.3% 16.5% 16.1% 16.7% 15.1% 15.4% 17.3% 16.8% 16.5% 16.1% 12.4% 12.40%
ROCE 13.2% 10.8% 11.9% 12.4% 15.2% 16.6% 18.7% 20.3% 18.8% 17.2% 16.7% 15.9% 14.7% 12.6% 12.7% 14.5% 15.5% 13.8% 13.7% 10.7% 10.66%
Gross Margin 27.2% 21.8% 22.5% 21.5% 28.8% 30.0% 30.1% 32.6% 32.3% 31.4% 30.9% 32.3% 33.4% 29.5% 30.0% 33.4% 31.6% 29.1% 32.2% 26.9% 26.85%
Operating Margin 13.2% 6.1% 8.0% 9.2% 16.4% 14.6% 14.0% 16.4% 16.4% 14.0% 13.1% 14.6% 14.3% 8.7% 12.6% 17.2% 14.0% 7.4% 12.6% 8.3% 8.25%
Net Margin 11.0% 3.8% 4.8% 7.3% 11.7% 9.4% 10.3% 10.9% 10.3% 11.5% 9.3% 12.0% 14.6% 8.2% 10.3% 14.2% 11.5% 7.0% 10.6% 7.6% 7.64%
EBITDA Margin 16.1% 8.8% 11.0% 11.7% 18.8% 15.7% 16.7% 19.3% 19.3% 18.3% 16.8% 18.1% 18.1% 11.5% 17.0% 20.7% 18.4% 12.5% 17.5% 7.9% 7.89%
FCF Margin 5.4% 3.1% -3.1% -2.9% -3.8% -1.6% 2.0% 4.1% 10.1% 15.0% 17.4% 14.5% 12.0% 11.0% 10.5% 13.6% 13.0% 13.4% 9.4% 11.3% 11.30%
OCF Margin 11.2% 7.7% 0.7% -0.4% -1.6% 0.4% 4.1% 6.3% 12.5% 17.8% 20.8% 19.2% 16.7% 15.8% 15.6% 18.1% 18.0% 19.7% 16.6% 19.3% 19.32%
ROE 3Y Avg snapshot only 14.08%
ROE 5Y Avg snapshot only 15.20%
ROA 3Y Avg snapshot only 8.80%
ROIC 3Y Avg snapshot only 14.55%
ROIC Economic snapshot only 7.91%
Cash ROA snapshot only 14.63%
Cash ROIC snapshot only 29.37%
CROIC snapshot only 17.18%
NOPAT Margin snapshot only 8.16%
Pretax Margin snapshot only 12.06%
R&D / Revenue snapshot only 2.93%
SGA / Revenue snapshot only 16.40%
SBC / Revenue snapshot only 1.12%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio 33.70 40.85 35.44 30.14 25.08 26.15 24.94 20.36 17.80 18.48 18.64 18.70 17.11 20.34 20.93 18.60 19.94 20.18 16.75 24.23 19.584
P/S Ratio 3.20 3.06 2.46 2.04 1.82 2.22 2.42 2.16 1.82 1.98 1.96 2.01 2.01 2.22 2.34 2.21 2.23 2.21 1.85 2.24 1.793
P/B Ratio 5.81 5.14 4.54 4.10 3.95 4.35 4.80 4.10 3.22 2.94 2.83 2.84 2.73 2.80 2.98 2.97 3.15 2.81 2.31 2.68 2.271
P/FCF 59.73 99.62 -78.67 -69.80 -48.07 -136.47 121.34 52.23 17.95 13.25 11.22 13.83 16.79 20.18 22.26 16.17 17.16 16.53 19.56 19.83 19.830
P/OCF 28.55 39.55 348.16 561.79 59.23 34.49 14.52 11.18 9.42 10.45 12.06 14.07 14.99 12.16 12.42 11.25 11.11 11.60 11.601
EV/EBITDA 21.31 23.75 19.49 16.98 13.95 15.54 15.57 12.43 10.46 10.55 10.36 10.82 11.01 13.23 13.95 12.48 12.58 11.77 9.59 14.60 14.596
EV/Revenue 3.21 3.05 2.44 2.02 1.81 2.25 2.45 2.19 1.85 1.94 1.91 1.96 1.96 2.13 2.25 2.12 2.15 2.04 1.68 2.06 2.062
EV/EBIT 28.19 32.23 25.69 22.24 17.52 18.97 18.63 14.66 12.45 12.50 12.36 13.08 13.54 16.17 17.02 14.87 14.82 14.32 11.68 17.66 17.658
EV/FCF 59.94 99.12 -78.23 -69.36 -47.76 -138.23 122.75 52.94 18.26 12.96 10.95 13.51 16.38 19.33 21.38 15.53 16.52 15.27 17.74 18.24 18.244
Earnings Yield 3.0% 2.4% 2.8% 3.3% 4.0% 3.8% 4.0% 4.9% 5.6% 5.4% 5.4% 5.3% 5.8% 4.9% 4.8% 5.4% 5.0% 5.0% 6.0% 4.1% 4.13%
FCF Yield 1.7% 1.0% -1.3% -1.4% -2.1% -0.7% 0.8% 1.9% 5.6% 7.5% 8.9% 7.2% 6.0% 5.0% 4.5% 6.2% 5.8% 6.0% 5.1% 5.0% 5.04%
Price/Tangible Book snapshot only 3.357
EV/OCF snapshot only 10.674
EV/Gross Profit snapshot only 6.881
Acquirers Multiple snapshot only 19.381
Shareholder Yield snapshot only 5.70%
Graham Number snapshot only $79.32
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 3.40 3.01 3.01 3.01 3.01 2.96 2.96 2.96 2.96 3.58 3.58 3.58 3.58 3.92 3.92 3.92 3.92 3.71 3.71 3.71 3.710
Quick Ratio 2.37 1.96 1.96 1.96 1.96 1.76 1.76 1.76 1.76 2.44 2.44 2.44 2.44 2.69 2.69 2.69 2.69 2.76 2.76 2.76 2.757
Debt/Equity 0.49 0.41 0.41 0.41 0.41 0.35 0.35 0.35 0.35 0.30 0.30 0.30 0.30 0.28 0.28 0.28 0.28 0.26 0.26 0.26 0.256
Net Debt/Equity 0.02 -0.03 -0.03 -0.03 -0.03 0.06 0.06 0.06 0.06 -0.07 -0.07 -0.07 -0.07 -0.12 -0.12 -0.12 -0.12 -0.21 -0.21 -0.21 -0.214
Debt/Assets 0.26 0.22 0.22 0.22 0.22 0.19 0.19 0.19 0.19 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.16 0.16 0.16 0.162
Debt/EBITDA 1.80 1.89 1.76 1.70 1.45 1.24 1.13 1.05 1.13 1.10 1.12 1.16 1.23 1.38 1.36 1.22 1.16 1.16 1.17 1.52 1.518
Net Debt/EBITDA 0.07 -0.12 -0.11 -0.11 -0.09 0.20 0.18 0.17 0.18 -0.24 -0.25 -0.26 -0.27 -0.58 -0.57 -0.51 -0.49 -0.97 -0.98 -1.27 -1.268
Interest Coverage 12.94 11.30 12.63 13.25 16.81 21.41 25.57 28.78 27.07 27.62 27.13 27.26 26.64 24.69 25.98 34.42 43.56 52.60 88.36 109.49 109.493
Equity Multiplier 1.91 1.88 1.88 1.88 1.88 1.81 1.81 1.81 1.81 1.64 1.64 1.64 1.64 1.58 1.58 1.58 1.58 1.58 1.58 1.58 1.578
Cash Ratio snapshot only 1.745
Debt Service Coverage snapshot only 132.468
Cash to Debt snapshot only 1.836
FCF to Debt snapshot only 0.527
Defensive Interval snapshot only 1078.6 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 1.01 0.94 1.04 1.13 1.22 1.14 1.16 1.11 1.03 0.93 0.91 0.89 0.85 0.81 0.81 0.86 0.90 0.84 0.83 0.80 0.795
Inventory Turnover 3.86 3.34 3.75 4.19 4.47 3.37 3.34 3.07 2.83 2.64 2.57 2.52 2.41 2.68 2.71 2.85 3.00 3.20 3.12 3.06 3.060
Receivables Turnover 6.77 6.37 7.02 7.65 8.24 6.65 6.74 6.44 6.01 4.76 4.66 4.56 4.38 4.65 4.68 4.95 5.19 5.89 5.80 5.54 5.544
Payables Turnover 12.90 11.17 12.55 14.01 14.94 10.86 10.76 9.90 9.11 8.84 8.62 8.44 8.08 10.18 10.30 10.84 11.41 10.82 10.57 10.36 10.356
DSO 54 57 52 48 44 55 54 57 61 77 78 80 83 79 78 74 70 62 63 66 65.8 days
DIO 95 109 97 87 82 108 109 119 129 138 142 145 151 136 135 128 122 114 117 119 119.3 days
DPO 28 33 29 26 24 34 34 37 40 41 42 43 45 36 35 34 32 34 35 35 35.2 days
Cash Conversion Cycle 120 134 120 109 102 130 130 139 150 174 178 182 190 179 177 168 160 142 145 150 149.9 days
Fixed Asset Turnover snapshot only 3.968
Operating Cycle snapshot only 185.1 days
Cash Velocity snapshot only 2.540
Capital Intensity snapshot only 1.321
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 21.0% 19.6% 32.0% 35.4% 35.4% 35.8% 24.9% 9.5% -5.0% -12.5% -15.6% -13.7% -11.2% -9.9% -7.2% 0.5% 9.5% 11.4% 8.8% -1.7% -1.70%
Net Income 1.0% 10.2% 16.0% 5.3% 3.7% 53.8% 74.7% 72.1% 33.2% 10.6% -8.7% -12.6% 2.4% -8.5% -1.1% 11.0% 4.4% 11.8% 7.3% -23.4% -23.39%
EPS 99.2% 8.6% 14.6% 5.0% 3.8% 53.5% 74.0% 71.3% 32.9% 10.6% -8.6% -12.7% 2.6% -8.1% 0.3% 12.7% 5.4% 12.7% 9.4% -21.1% -21.10%
FCF 20.3% -29.0% -1.5% -1.7% -2.0% -1.7% 1.8% 2.6% 3.5% 9.0% 6.4% 2.0% 5.2% -33.8% -44.1% -5.6% 19.0% 35.4% -2.2% -18.6% -18.58%
EBITDA 40.9% -0.4% 14.0% 6.8% 16.7% 53.1% 56.5% 61.9% 29.2% 11.0% -1.0% -11.1% -10.3% -21.3% -18.9% -5.9% 5.1% 20.3% 18.0% -18.2% -18.24%
Op. Income 52.3% -0.2% 21.2% 10.3% 22.8% 74.9% 76.7% 83.8% 39.7% 8.0% -6.8% -18.6% -18.9% -25.0% -22.5% -7.5% 4.4% 15.0% 13.6% -21.6% -21.64%
OCF Growth snapshot only 4.67%
Asset Growth snapshot only 10.60%
Equity Growth snapshot only 10.80%
Debt Growth snapshot only 1.58%
Shares Change snapshot only -2.90%
Dividend Growth snapshot only 0.82%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y -0.8% 1.2% 5.3% 9.9% 16.4% 20.2% 20.9% 18.7% 15.9% 12.4% 11.6% 8.6% 4.5% 2.3% -0.7% -1.7% -2.6% -4.3% -5.2% -5.2% -5.19%
Revenue 5Y 1.4% 1.9% 4.4% 6.0% 7.2% 8.3% 8.0% 6.8% 4.6% 4.2% 4.3% 4.6% 5.9% 6.5% 6.7% 7.7% 8.6% 7.3% 7.0% 4.8% 4.80%
EPS 3Y 32.5% 27.1% 32.4% 50.9% 1.1% 2.1% 99.7% 62.1% 40.1% 22.6% 22.1% 16.2% 12.3% 16.0% 16.8% 19.0% 12.8% 4.6% 0.1% -8.1% -8.12%
EPS 5Y 40.1% 15.4% 24.2% 13.9% 16.0% 22.3% 23.6% 28.3% 26.2% 28.4% 29.9% 38.7% 66.1% 97.4% 48.8% 33.2% 24.3% 13.8% 14.9% 6.9% 6.89%
Net Income 3Y 33.5% 28.0% 33.3% 52.0% 1.1% 2.1% 1.0% 63.1% 40.8% 23.3% 22.8% 16.6% 12.2% 15.9% 16.4% 18.6% 12.5% 4.2% -1.1% -9.4% -9.44%
Net Income 5Y 40.9% 16.0% 25.0% 14.6% 16.7% 23.1% 24.3% 29.0% 26.9% 29.0% 30.5% 39.5% 66.7% 98.1% 49.0% 33.3% 24.4% 13.9% 14.5% 6.1% 6.13%
EBITDA 3Y 10.6% 9.8% 16.0% 27.9% 58.6% 77.0% 57.1% 42.5% 28.6% 19.2% 20.9% 15.4% 10.6% 10.2% 7.9% 10.6% 6.8% 1.7% -1.8% -11.9% -11.90%
EBITDA 5Y 13.2% 7.2% 13.3% 8.1% 10.8% 14.4% 15.2% 17.4% 15.3% 17.6% 19.3% 24.7% 35.8% 37.1% 25.5% 19.4% 14.9% 9.9% 11.1% 3.4% 3.41%
Gross Profit 3Y 1.1% -0.3% 1.9% 4.9% 15.0% 20.2% 21.4% 20.6% 16.2% 11.8% 11.9% 9.1% 6.9% 8.3% 6.9% 9.0% 6.4% 1.9% -0.6% -5.5% -5.50%
Gross Profit 5Y 2.7% 0.2% 1.8% 2.0% 3.6% 6.6% 7.6% 8.3% 6.8% 7.1% 7.3% 8.4% 11.4% 10.8% 9.7% 9.7% 8.8% 6.7% 7.1% 3.9% 3.89%
Op. Income 3Y 12.6% 12.0% 20.3% 39.8% 1.1% 1.5% 86.4% 57.4% 37.7% 23.5% 25.9% 18.2% 11.6% 12.3% 8.4% 11.4% 5.8% -2.4% -6.4% -16.1% -16.13%
Op. Income 5Y 19.8% 9.5% 18.8% 10.1% 13.4% 18.7% 19.4% 22.2% 19.6% 21.5% 23.5% 32.5% 58.5% 65.8% 36.1% 24.0% 17.2% 10.2% 11.9% 3.6% 3.65%
FCF 3Y 28.8% -8.6% 7.9% 43.0% 60.1% 45.8% 52.0% 36.7% 56.4% 59.2% 32.6% 32.55%
FCF 5Y 8.3% -4.1% -1.6% 24.2% 39.0% 34.6% 63.6% 29.1% 29.6% 29.7% 11.1% 21.9% 21.95%
OCF 3Y 37.9% 9.0% -43.6% -7.1% 17.5% 4.1% 30.3% 37.5% 31.7% 27.8% 19.3% 29.6% 1.8% 2.5% 51.4% 38.0% 38.01%
OCF 5Y 12.6% 5.9% -33.0% -40.1% 3.9% 18.7% 30.4% 28.7% 41.0% 1.1% 75.9% 90.7% 37.2% 23.2% 25.4% 23.6% 13.1% 15.7% 15.69%
Assets 3Y 4.1% 8.4% 8.4% 8.4% 8.4% 12.4% 12.4% 12.4% 12.4% 9.3% 9.3% 9.3% 9.3% 6.1% 6.1% 6.1% 6.1% 5.8% 5.8% 5.8% 5.77%
Assets 5Y 1.2% 5.0% 5.0% 5.0% 5.0% 7.0% 7.0% 7.0% 7.0% 8.3% 8.3% 8.3% 8.3% 8.7% 8.7% 8.7% 8.7% 8.1% 8.1% 8.1% 8.07%
Equity 3Y 3.4% 6.9% 6.9% 6.9% 6.9% 13.6% 13.6% 13.6% 13.6% 15.1% 15.1% 15.1% 15.1% 12.4% 12.4% 12.4% 12.4% 10.6% 10.6% 10.6% 10.65%
Book Value 3Y 2.6% 6.1% 6.2% 6.2% 6.2% 12.8% 12.8% 12.9% 13.0% 14.5% 14.5% 14.8% 15.1% 12.5% 12.8% 12.8% 12.7% 11.1% 11.9% 12.3% 12.26%
Dividend 3Y 0.5% 0.5% 0.6% 0.6% 0.4% 0.3% 0.2% 0.3% 0.6% 0.5% 0.6% 0.8% 1.0% 0.9% 1.1% 0.8% 0.8% 1.0% 1.7% 1.7% 1.74%
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability 0.01 0.00 0.12 0.27 0.36 0.45 0.47 0.52 0.45 0.46 0.49 0.55 0.52 0.41 0.35 0.41 0.38 0.23 0.20 0.20 0.201
Earnings Stability 0.42 0.26 0.47 0.51 0.53 0.59 0.65 0.78 0.83 0.84 0.85 0.89 0.92 0.82 0.79 0.82 0.87 0.79 0.65 0.31 0.306
Margin Stability 0.92 0.91 0.91 0.89 0.89 0.90 0.91 0.89 0.90 0.90 0.90 0.87 0.87 0.89 0.90 0.88 0.89 0.91 0.94 0.97 0.974
Rev. Growth Consistency 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 0.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 1.00 0.00 0.00 0.50 1.00 0.50 0.50 0.00 0.000
FCF Positive Streak 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.50 0.96 0.94 0.98 0.99 0.50 0.50 0.50 0.87 0.96 0.97 0.95 0.99 0.97 1.00 0.96 0.98 0.95 0.97 0.91 0.906
Earnings Smoothness 0.32 0.90 0.85 0.95 0.96 0.58 0.46 0.47 0.71 0.90 0.91 0.87 0.98 0.91 0.99 0.90 0.96 0.89 0.93 0.74 0.735
ROE Trend 0.11 0.06 0.05 0.03 0.02 0.04 0.07 0.06 0.02 0.01 -0.01 -0.02 -0.01 -0.02 -0.03 -0.02 -0.01 -0.01 -0.01 -0.05 -0.045
Gross Margin Trend 0.02 -0.03 -0.04 -0.07 -0.06 -0.03 -0.01 0.03 0.04 0.05 0.06 0.05 0.04 0.03 0.02 0.01 -0.00 -0.00 0.00 -0.02 -0.017
FCF Margin Trend 0.05 0.03 -0.07 -0.08 -0.09 -0.06 -0.00 0.03 0.09 0.14 0.18 0.14 0.09 0.04 0.01 0.04 0.02 0.00 -0.05 -0.03 -0.028
Sustainable Growth Rate 13.2% 8.9% 9.1% 9.9% 12.2% 13.9% 16.7% 17.6% 15.3% 13.5% 12.7% 12.7% 13.5% 10.8% 11.3% 13.1% 12.9% 11.5% 11.4% 8.5% 8.52%
Internal Growth Rate 7.5% 4.9% 5.1% 5.5% 6.9% 8.2% 10.0% 10.6% 9.1% 8.5% 8.0% 8.0% 8.5% 7.2% 7.6% 8.9% 8.7% 7.9% 7.8% 5.7% 5.70%
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income 1.18 1.03 0.10 -0.07 -0.22 0.05 0.42 0.59 1.23 1.65 1.98 1.79 1.42 1.45 1.40 1.53 1.61 1.79 1.51 2.09 2.089
FCF/OCF 0.48 0.40 -4.43 6.61 2.39 -4.12 0.49 0.66 0.81 0.84 0.84 0.76 0.72 0.70 0.67 0.75 0.72 0.68 0.57 0.59 0.585
FCF/Net Income snapshot only 1.222
OCF/EBITDA snapshot only 1.367
CapEx/Revenue 5.8% 4.7% 3.8% 2.5% 2.2% 2.0% 2.1% 2.1% 2.4% 2.8% 3.3% 4.7% 4.7% 4.8% 5.1% 4.5% 5.0% 6.3% 7.2% 8.0% 8.02%
CapEx/Depreciation snapshot only 3.272
Accruals Ratio -0.02 -0.00 0.06 0.08 0.11 0.09 0.07 0.05 -0.02 -0.06 -0.09 -0.08 -0.04 -0.04 -0.04 -0.05 -0.06 -0.07 -0.05 -0.08 -0.080
Sloan Accruals snapshot only 0.008
Cash Flow Adequacy snapshot only 1.843
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 0.8% 0.8% 0.9% 1.0% 1.1% 0.9% 0.8% 0.9% 1.2% 1.1% 1.2% 1.2% 1.2% 1.1% 1.1% 1.1% 1.0% 1.1% 1.3% 1.1% 1.36%
Dividend/Share $1.27 $1.28 $1.30 $1.31 $1.31 $1.32 $1.33 $1.34 $1.35 $1.36 $1.37 $1.38 $1.40 $1.40 $1.42 $1.43 $1.43 $1.44 $1.47 $1.48 $1.48
Payout Ratio 27.3% 33.3% 33.0% 31.3% 27.1% 22.3% 19.4% 18.7% 21.0% 20.8% 22.0% 22.1% 21.2% 23.3% 22.7% 20.2% 20.6% 21.3% 21.5% 26.6% 26.64%
FCF Payout Ratio 48.4% 81.1% 94.5% 48.0% 21.2% 14.9% 13.2% 16.4% 20.8% 23.2% 24.1% 17.6% 17.7% 17.4% 25.1% 21.8% 21.80%
Total Payout Ratio 29.7% 36.3% 35.7% 33.9% 29.3% 24.1% 19.4% 18.9% 21.4% 21.4% 22.5% 22.5% 46.0% 57.2% 57.6% 53.2% 32.0% 38.8% 78.4% 1.4% 1.38%
Div. Increase Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Chowder Number 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.05 0.04 0.04 0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.03 0.02 0.019
Buyback Yield 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 1.4% 1.7% 1.7% 1.8% 0.6% 0.9% 3.4% 4.6% 4.60%
Net Buyback Yield 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% -0.0% 1.4% 1.6% 1.6% 1.7% 0.5% 0.8% 3.3% 4.5% 4.52%
Total Shareholder Return 0.9% 0.9% 1.0% 1.1% 1.2% 0.9% 0.8% 0.9% 1.2% 1.1% 1.2% 1.1% 2.6% 2.8% 2.7% 2.8% 1.6% 1.9% 4.6% 5.6% 5.62%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 0.84 0.84 0.82 0.80 0.74 0.75 0.74 0.73 0.72 0.72 0.71 0.73 0.82 0.84 0.85 0.85 0.79 0.78 0.78 0.77 0.767
Interest Burden (EBT/EBIT) 0.99 0.94 0.89 0.93 0.95 0.96 1.00 0.98 0.96 0.96 0.96 0.98 0.99 0.99 0.99 0.98 0.98 0.98 0.99 1.03 1.033
EBIT Margin 0.11 0.09 0.10 0.09 0.10 0.12 0.13 0.15 0.15 0.16 0.15 0.15 0.14 0.13 0.13 0.14 0.15 0.14 0.14 0.12 0.117
Asset Turnover 1.01 0.94 1.04 1.13 1.22 1.14 1.16 1.11 1.03 0.93 0.91 0.89 0.85 0.81 0.81 0.86 0.90 0.84 0.83 0.80 0.795
Equity Multiplier 1.89 1.90 1.90 1.90 1.90 1.84 1.84 1.84 1.84 1.72 1.72 1.72 1.72 1.61 1.61 1.61 1.61 1.58 1.58 1.58 1.579
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) $4.66 $3.86 $3.93 $4.18 $4.84 $5.92 $6.84 $7.17 $6.43 $6.54 $6.26 $6.25 $6.60 $6.01 $6.27 $7.05 $6.95 $6.78 $6.86 $5.56 $5.56
Book Value/Share $27.06 $30.66 $30.70 $30.73 $30.71 $35.56 $35.52 $35.56 $35.59 $41.20 $41.20 $41.15 $41.31 $43.65 $44.11 $44.08 $43.99 $48.76 $49.80 $50.30 $48.08
Tangible Book/Share $18.77 $22.66 $22.68 $22.71 $22.69 $27.84 $27.82 $27.84 $27.87 $31.18 $31.18 $31.14 $31.26 $33.71 $34.06 $34.04 $33.97 $38.90 $39.73 $40.13 $40.13
Revenue/Share $49.16 $51.42 $56.71 $61.91 $66.62 $69.67 $70.51 $67.51 $63.08 $60.95 $59.62 $58.20 $56.14 $55.10 $56.13 $59.36 $62.01 $61.89 $62.24 $60.09 $60.27
FCF/Share $2.63 $1.58 $-1.77 $-1.81 $-2.52 $-1.13 $1.41 $2.79 $6.38 $9.13 $10.40 $8.45 $6.72 $6.06 $5.90 $8.10 $8.08 $8.27 $5.88 $6.79 $6.81
OCF/Share $5.50 $3.98 $0.40 $-0.27 $-1.05 $0.28 $2.88 $4.23 $7.89 $10.82 $12.38 $11.19 $9.36 $8.69 $8.76 $10.77 $11.16 $12.16 $10.35 $11.61 $11.65
Cash/Share $12.77 $13.29 $13.31 $13.32 $13.31 $10.53 $10.52 $10.53 $10.54 $15.04 $15.04 $15.02 $15.08 $17.33 $17.51 $17.50 $17.46 $22.93 $23.42 $23.65 $17.62
EBITDA/Share $7.40 $6.60 $7.12 $7.38 $8.65 $10.09 $11.09 $11.89 $11.14 $11.20 $11.00 $10.55 $10.01 $8.85 $9.04 $10.08 $10.61 $10.74 $10.87 $8.49 $8.49
Debt/Share $13.31 $12.50 $12.52 $12.53 $12.52 $12.52 $12.51 $12.52 $12.53 $12.31 $12.31 $12.29 $12.34 $12.20 $12.33 $12.32 $12.29 $12.49 $12.76 $12.89 $12.89
Net Debt/Share $0.54 $-0.79 $-0.79 $-0.79 $-0.79 $1.99 $1.99 $1.99 $1.99 $-2.73 $-2.73 $-2.73 $-2.74 $-5.13 $-5.18 $-5.18 $-5.17 $-10.44 $-10.66 $-10.77 $-10.77
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score 5.625
Altman Z-Prime snapshot only 11.385
Piotroski F-Score 6 6 5 3 5 6 6 6 6 8 7 5 7 6 6 8 8 7 8 5 5
Beneish M-Score -2.28 -2.03 -1.79 -1.75 -1.90 -1.80 -1.90 -1.91 -2.02 -2.69 -2.81 -2.71 -2.58 -2.86 -2.81 -2.85 -2.85 -2.82 -2.75 -2.72 -2.718
Ohlson O-Score snapshot only -8.944
ROIC (Greenblatt) snapshot only 13.53%
Net-Net WC snapshot only $21.22
EVA snapshot only $10062403.44
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only AAA
Credit Score 89.70 88.51 84.12 83.66 84.79 86.58 90.95 91.87 94.17 93.55 93.95 93.39 93.62 95.83 95.57 93.35 92.98 93.14 95.67 95.42 95.417
Credit Grade snapshot only 1
Credit Trend snapshot only 2.062
Implied Spread (bps) snapshot only 50.000
Industry Credit Rank snapshot only 95
Sector Credit Rank snapshot only 90

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