MEDIUMBuilt-inGeographic
52%
international irrigation segment sales
“10-K Item 1: 'International sales accounted for approximately 52 percent of the Company’s total irrigation segment revenues'”
LNN · Concentration risk · 10-K extracted
Lindsay (LNN) concentration risks
Updated
The most significant concentration Lindsay discloses is international irrigation segment sales at 52%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Lindsay’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH0
MEDIUM1
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partyCustomer
12%
single irrigation customer MENA project
“10-K Item 1: 'one customer within the Company's irrigation segment accounted for 12% and 13%, respectively, of consolidated revenues'”
LOWOutside partySupplier
limited number of suppliers for certain raw materials, parts and components
“10-K Item 1A: 'the Company relies on a limited number of suppliers for certain raw materials, parts and components in the manufacturing process'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-25Lindsay's disclosed concentrations are modest in size and mostly tied to the irrigation segment. International sales accounted for approximately 52 percent of the Company's total irrigation segment revenues, a medium-share, structural exposure that links results to agricultural conditions, currency and project timing outside the home market. It is a feature of the business model rather than a counterparty issue. The more idiosyncratic exposure is a single irrigation customer, tied to a project in the MENA, that accounted for 12% and 13% of consolidated revenues in the periods cited. This is a low-share dependency: meaningful enough to affect a given year's comparisons if the project winds down, but not large enough to threaten the revenue base. On supply, the Company relies on a limited number of suppliers for certain raw materials, parts and components in the manufacturing process, a low-share dependency that is unquantified in the filing. Netting these out, the international weighting is the standing macro sensitivity, the project customer is a timing risk on reported growth, and the supplier language is a qualitative watch item rather than an acute concern.
For the engine’s reasoning on LNN’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Farm & Heavy Construction Machinery
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BLBD | Blue Bird Corporation | 2 | 0 | 0 | 2 |
| AEBI | Aebi Schmidt Holding AG | 1 | 1 | 1 | 3 |
| LNN● | Lindsay Corporation | 0 | 1 | 2 | 3 |
| ALG | Alamo Group, Inc. | 0 | 1 | 0 | 1 |
| AGCO | AGCO Corporation | 0 | 0 | 0 | 0 |
| ASTE | Astec Industries, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.