Lindsay vs Toro
Toro is the larger business, with $4.51bn of revenue in fiscal 2025 against $636m for Lindsay (7.1 times as much). Toro grew faster (-1.6% against -6.0%). Lindsay kept more of each dollar of sales as profit: a net margin of 8.8% against 7.0%.
| Latest fiscal year | LindsayLNN, 2026 | ToroTTC, 2025 |
|---|---|---|
| Revenue | $636m | $4.51bn |
| Revenue growth | -6.0% | -1.6% |
| Net income | $55.7m | $316m |
| Operating margin | — | 9.1% |
| Net margin | 8.8% | 7.0% |
| Return on equity | 10.7% | 21.0% |
| Free cash flow | $34.7m | $578m |
| Cash | $190m | $341m |
| Total debt | $115m | $922m |
| Debt to equity | — | 63.4% |
| Dividend per share | $1.49 | $1.52 |
| Dividend yield | 1.4% | 1.5% |
| Share buybacks | $80.7m | $290m |
| Employees | 1,083 | 9,791 |
| Market value | $1.11bn | $10.21bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 53 (Moderate) | 78 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 13 sales |