Lennox International Inc (LII)
Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils, air handlers, and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Supco, Linebacker, Elite series, Merit Series, Comfort Sync, Healthy Climate, Healthy Climate Solutions, iComfort, ComfortSense, and Lennox Stores name. The Building Climate Solutions segment offers unitary heating and air conditioning equipment, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial, curb, curb adapters, drop box diffusers, HVAC recycling, and salvage service. This segment also provides , condensing units, unit coolers, fluid coolers, air cooled condensers, process chillers, compressorized racks, and replacement parts and supplies under the Lennox, Model L, CORE, Enlight, Xion, Energence, Prodigy, Strategos, Raider, Lennox VRF, Lennox National Account Services, Allied Commercial, Duro Dyne, Dyne-Tite, Durozone, Elite, AES Industries, Mechanical, Heatcraft Worldwide Refrigeration, Bohn, MAGNA, Larkin, Climate Control, Chandler Refrigeration, IntelliGen, and Interlink brand name. In addition, the company provides small package units, rooftop units, chillers, air handlers, and fan coils. It sells its products and services through direct sales, distributors, and company-owned parts and supplies stores. The company was founded in 1895 and is headquartered in Richardson, Texas.
- Symbol
- LII
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Market cap
- $12.93B
- 52 week range
- 350.22 - 587.27
Valuation
- Share price
- $372.34 (close of 2026-09-23)
- P/E (TTM)
- 16.44x
- Price to book
- 10.66x
- Price to free cash flow
- 19.58x
- Enterprise value
- $14.84B
- Book value per share
- $34.88
Price performance
| Period | Change |
|---|
| 1 day | +2.39% |
| 5 days | +2.80% |
| 1 month | -7.58% |
| 3 months | -28.89% |
| 6 months | -21.93% |
| Year to date | -23.32% |
| 1 year | -29.83% |
| 3 years | -0.58% |
| 5 years | +20.65% |
| 10 years | +136.87% |
| All time | +1885.81% |
Profitability and growth
- Return on equity
- 69.28%
- Return on invested capital
- 29.34%
- Return on assets
- 19.74%
- Return on capital employed
- 36.04%
- Gross margin
- 33.39%
- Net margin
- 15.51%
- EBITDA margin
- 22.21%
- Revenue growth
- -2.73%
- Net income growth
- -0.65%
- Free cash flow growth
- -18.32%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 5.11%
- Current ratio
- 1.57x
- Net debt to EBITDA
- 1.64x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $5.20B
- Cost of revenue
- $3.46B
- Gross profit
- $1.73B
- EBITDA
- $1.15B
- Net income
- $805.80M
- Earnings per share
- $22.89
- Research and development
- $103.40M
- Interest expense
- $40.90M
- Shares outstanding
- 35.20M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $5.20B | $1.73B | $805.80M | $22.89 |
| 2024-12-31 | $5.34B | $1.78B | $811.10M | $22.78 |
| 2023-12-31 | $4.98B | $1.55B | $591.20M | $16.65 |
| 2022-12-31 | $4.72B | $1.28B | $497.10M | $13.92 |
| 2021-12-31 | $4.19B | $1.19B | $464.00M | $12.47 |
| 2020-12-31 | $3.63B | $1.04B | $356.30M | $9.30 |
| 2019-12-31 | $3.81B | $1.08B | $408.70M | $10.49 |
| 2018-12-31 | $3.88B | $1.11B | $359.00M | $8.84 |
| 2017-12-31 | $3.84B | $1.13B | $305.70M | $7.25 |
| 2016-12-31 | $3.64B | $1.08B | $277.80M | $6.39 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 33.39% | 15.51% | 69.28% | 29.34% |
| 2024-12-31 | 33.28% | 15.19% | 84.31% | 42.01% |
| 2023-12-31 | 31.10% | 11.87% | 150.43% | 34.78% |
| 2022-12-31 | 27.23% | 10.54% | -244.76% | 36.18% |
| 2021-12-31 | 28.34% | 11.06% | -172.49% | - |
| 2020-12-31 | 28.62% | 9.80% | -2083.63% | 386.53% |
| 2019-12-31 | 28.36% | 10.73% | -240.13% | 169.60% |
| 2018-12-31 | 28.61% | 9.24% | -239.97% | 383.51% |
| 2017-12-31 | 29.31% | 7.96% | 610.18% | 2328.28% |
| 2016-12-31 | 29.56% | 7.63% | 731.05% | 162.48% |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $34.70M |
| 2024-12-31 | $422.30M |
| 2023-12-31 | $69.10M |
| 2022-12-31 | $61.10M |
| 2021-12-31 | $36.50M |
| 2020-12-31 | $129.00M |
| 2019-12-31 | $40.20M |
| 2018-12-31 | $46.30M |
| 2017-12-31 | $68.20M |
| 2016-12-31 | $50.20M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $638.80M | $29.10M |
| 2024-12-31 | $782.10M | $28.50M |
| 2023-12-31 | $486.00M | $30.10M |
| 2022-12-31 | $201.20M | $21.80M |
| 2021-12-31 | $408.70M | $24.30M |
| 2020-12-31 | $533.90M | $24.30M |
| 2019-12-31 | $290.50M | $21.30M |
| 2018-12-31 | $400.30M | $26.30M |
| 2017-12-31 | $226.80M | $24.90M |
| 2016-12-31 | $289.60M | $31.70M |
Dividend history
- Most recent payment
- 2026-06-30
- Paid in the last twelve months
- $5.26
| Payment date | Dividend per share |
|---|
| 2026-06-30 | $1.36 |
| 2026-03-31 | $1.30 |
| 2025-12-31 | $1.30 |
| 2025-09-30 | $1.30 |
| 2025-06-30 | $1.30 |
| 2025-04-30 | $1.15 |
| 2024-12-31 | $1.15 |
| 2024-09-30 | $1.15 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-28
- Consensus EPS estimate
- $7.42
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-29 | Jun/2026 | $7.63 |
| 2026-04-29 | - | - |
| 2026-01-28 | - | - |
| 2025-10-22 | - | - |
| 2025-07-23 | - | - |
| 2025-04-23 | - | - |
| 2025-01-29 | - | - |
| 2024-10-23 | - | - |
Filings and sources
- Company website
- lennox.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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