Lennox International LII · USD
Industrials · Building Products · US listing · 🇺🇸 United States
S&P 500
349.47
+2.19%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$5.20bn
FY2016FY2025
Net income
$786.2m
FY2016FY2025
Free cash flow
$638.8m
FY2016FY2025
Shareholders' equity
$1.16bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.20bn | $5.34bn | $4.98bn | $4.72bn | $4.19bn | $3.63bn | $3.81bn | $3.88bn | $3.84bn | $3.64bn |
| Gross profit | $1.72bn | $1.77bn | $1.55bn | $1.28bn | $1.19bn | $1.04bn | $1.08bn | $1.11bn | $1.13bn | $1.08bn |
| Research and development | — | — | $94.0m | $80.3m | $76.1m | $66.8m | $69.9m | $72.2m | $73.6m | $64.6m |
| Operating income | $1.01bn | $1.04bn | $790.1m | $656.2m | $590.3m | $478.5m | $656.9m | $509.9m | $494.5m | $429.4m |
| Net income | $786.2m | $806.9m | $590.1m | $497.1m | $464.0m | $356.3m | $408.7m | $359.0m | $305.7m | $277.8m |
| Diluted earnings per share | 22.40 | 22.54 | 16.48 | 13.96 | 12.61 | 9.23 | 10.51 | 8.86 | 7.19 | 6.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.08bn | $3.47bn | $2.80bn | $2.57bn | $2.17bn | $2.03bn | $2.03bn | $1.82bn | $1.89bn | $1.76bn |
| Cash and short-term investments | $34.7m | $422.3m | $69.1m | $61.1m | $36.5m | $129.0m | $40.2m | $46.3m | $68.2m | $50.2m |
| Total liabilities | $2.92bn | $2.62bn | $2.51bn | $2.77bn | $2.44bn | $2.05bn | $2.21bn | $1.97bn | $1.84bn | $1.72bn |
| Debt | $1.39bn | $1.15bn | $1.31bn | $825.4m | $1.24bn | $980.8m | $857.1m | $744.0m | $974.6m | $668.9m |
| Shareholders' equity | $1.16bn | $850.2m | $285.3m | −$203.1m | −$269.0m | −$17.1m | −$170.2m | −$149.6m | $50.1m | $37.6m |
| Shares outstanding | 35m | 36m | 36m | 36m | 37m | 39m | 39m | 41m | 43m | 43m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $757.6m | $945.7m | $736.2m | $302.3m | $515.5m | $612.4m | $396.1m | $495.5m | $325.1m | $354.5m |
| Capital spending | −$118.8m | −$163.6m | −$250.2m | −$101.1m | −$106.8m | −$78.5m | −$105.6m | −$95.2m | −$98.3m | −$84.3m |
| Free cash flow | $638.8m | $782.1m | $486.0m | $201.2m | $408.7m | $533.9m | $290.5m | $400.3m | $226.8m | $270.2m |
| Dividends paid | −$173.0m | −$160.3m | −$153.4m | −$142.0m | −$126.5m | −$118.1m | −$110.5m | −$93.9m | −$79.7m | −$69.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55bn | $1.14bn | $1.20bn | $1.43bn | $1.50bn | $1.07bn | $1.34bn | $1.50bn |
| Gross profit | $539.5m | $351.3m | $389.3m | $475.0m | $522.5m | $328.5m | $455.3m | $488.4m |
| Operating income | $355.0m | $166.1m | $195.8m | $310.2m | $354.0m | $155.6m | $244.6m | $303.3m |
| Net income | $269.0m | $117.2m | $142.5m | $245.8m | $277.6m | $120.3m | $197.7m | $239.0m |
| Diluted earnings per share | 7.73 | 3.37 | 4.06 | 7.00 | 7.91 | 3.43 | 5.52 | 6.68 |
| Cash from operations | $172.0m | $16.0m | $405.0m | $300.0m | $86.0m | −$35.0m | $332.0m | $452.0m |
| Capital spending | −$35.0m | −$55.0m | −$29.0m | −$35.0m | −$28.0m | −$25.0m | −$60.0m | −$41.0m |
| Free cash flow | $137.0m | −$39.0m | $376.0m | $265.0m | $58.0m | −$60.0m | $272.0m | $411.0m |
| Total assets | $4.54bn | $4.29bn | $4.08bn | $3.52bn | $3.65bn | $3.46bn | $3.47bn | $3.31bn |
| Cash and short-term investments | $52.1m | $50.2m | $34.7m | $59.2m | $55.1m | $222.9m | $422.3m | $255.7m |
| Debt | $1.61bn | $1.56bn | $1.48bn | $932.7m | $1.26bn | $1.23bn | $1.22bn | $1.21bn |
| Shareholders' equity | $1.30bn | $1.21bn | $1.16bn | $1.07bn | $900.5m | $852.5m | $850.2m | $754.0m |
Financial ratios
Data as of 27 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 33.0% | 33.2% | 31.1% | 27.2% | 28.3% | 28.6% | — | — |
| Operating margin | 19.5% | 19.4% | 15.9% | 13.9% | 14.1% | 13.2% | — | — |
| Net margin | 15.1% | 15.1% | 11.8% | 10.5% | 11.1% | 9.8% | — | — |
| Return on equity | 67.6% | 94.9% | 206.8% | -244.8% | -172.5% | -2083.6% | — | — |
| Return on assets | 19.3% | 23.2% | 21.1% | 19.4% | 21.4% | 17.5% | — | — |
| Free cash flow yield | 6.7% | 8.3% | 7.4% | 3.0% | 4.5% | 4.8% | — | — |
| Revenue growth | -2.7% | 7.2% | 5.6% | 12.5% | 15.4% | -4.5% | — | — |
| Earnings growth | -2.6% | 36.7% | 18.7% | 7.1% | 30.2% | -12.8% | — | — |
| Current ratio | 1.60x | 1.43x | 1.41x | 0.94x | 1.42x | 1.55x | — | — |
| Debt to equity | 1.27x | 1.39x | 4.66x | -7.82x | -4.81x | -60.56x | — | — |
| Equity ratio | 28.5% | 24.5% | 10.2% | -7.9% | -12.4% | -0.8% | — | — |
| Interest coverage | 24.74x | 23.54x | 15.28x | 16.49x | 22.70x | 16.11x | — | — |
| R&D as a share of sales | — | — | 1.9% | 1.7% | 1.8% | 1.8% | 1.8% | 1.9% |
| Buybacks as a share of market value | 2.0% | 0.0% | -0.6% | 3.3% | 4.7% | 0.8% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.3% | 7.4% | 4.1% |
| Operating income | 15.5% | 16.2% | 12.7% |
| Net income | 16.5% | 17.2% | 15.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.1% | 31.2% | 30.5% | 29.7% |
| Operating margin | 19.5% | 17.3% | 16.3% | 14.9% |
| Net margin | 15.1% | 13.2% | 12.5% | 10.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 21.7 | 27.0 | 27.1 | 17.1 | 25.7 | 29.7 | 23.2 | 24.7 | 28.9 | 23.9 |
| Price to sales | 3.3 | 4.1 | 3.2 | 1.8 | 2.9 | 2.9 | 2.5 | 2.3 | 2.3 | 1.8 |
Market value over time
31 Oct 2016 to 25 Sept 2026, in USD
$6.42bn$13.01bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -23% | 45% | 80% | -20% | 11% | 14% | 16% | 1% | 32% | 27% |
Dividends and splits
Per share, in the currency the company pays
Paid for 27 years. Last went ex-dividend on 30 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 4.02 | 5.05 | 4.55 | 4.36 | 4.10 | 3.53 | 3.08 | 2.95 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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