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LIILennox International Inc.
$568.00$19.8B
Overview & Verdict
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LII logoLennox International Inc.(LII)Earnings, Financials & Key Ratios

LII•NYSE
$568.00
25.6× P/E·Price updated Jul 6, 2026
SectorIndustrialsIndustryConstructionSub-IndustryBuilding systems and controls
AboutLennox International Inc., together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. It operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment and accessories, comfort control products, and replacement parts and supplies for residential replacement and new construction markets. The Commercial Heating & Cooling segment offers unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, and variable refrigerant flow commercial products for light commercial markets. The Refrigeration segment offers condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, and refrigeration rack systems for preserving food and other perishables in supermarkets, convenience stores, restaurants, warehouses, and distribution centers, as well as for data centers, machine tooling, and other cooling applications; and compressor racks and industrial process chillers. The company sells its products and services through direct sales, distributors, and company-owned parts and supplies stores. Lennox International Inc. was founded in 1895 and is headquartered in Richardson, Texas.Show more
  • Revenue$5.2B-2.7%
  • EBITDA$1.12B-0.8%
  • Net Income$786M-2.6%
  • EPS (Diluted)22.22-1.4%
  • Gross Margin33.02%-0.5%
  • EBITDA Margin21.57%+1.9%
  • Operating Margin19.55%+0.9%
  • Net Margin15.13%+0.2%
  • ROE78.1%-45.0%

LII Price & Volume

Lennox International Inc. (LII) stock price & volume — 10-year historical chart

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Cyclical Revenue Volatility Challenges Premium Margin Profile

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Strained
Cash Flow:Mixed
Primary Risk:Cyclical residential replacement volatility

Key Thesis Takeaways

  • Lennox International demonstrates resilient profitability through a direct-to-dealer model, yet faces significant headwinds from cyclical residential replacement demand and high-cost regulatory transitions.
  • While management has successfully reduced the debt-to-equity ratio from 5.35 in 2023Q4 to 1.61 in 2026Q1, the company's reliance on debt financing and thin cash buffers remain key concerns.
  • Investors should monitor the sustainability of operating margins, which peaked at 23.6% in 2025Q2, against the backdrop of recent revenue contractions and volatile cash conversion cycles.

Verdict Logic

while the company has improved its equity base to $1.2 billion, the current P/E of 25.38 and thin cash position of $48.2 million suggest that the stock is fully valued relative to its cyclical risks.

LII Growth Metrics

Lennox International Inc. (LII) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.13%
5 Years7.41%
3 Years3.26%
TTM-2.03%

Profit CAGR

10 Years15.47%
5 Years17.15%
3 Years16.51%
TTM-2.47%

EPS CAGR

10 Years18.44%
5 Years19.21%
3 Years16.95%
TTM-1.07%

Return on Capital

10 Years50.92%
5 Years50.17%
3 Years50.03%
Last Year40.23%

LII Recent Earnings

Lennox International Inc. (LII) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$3.35+5.0%
$3.19
Rev
$1.1B+6.0%
$1.1B
Q1 2026
Jan 28, 2026
Metric
Actual
Est
EPS
$4.45-6.3%
$4.75
Rev
$1.2B-5.8%
$1.3B
Q4 2025
Oct 22, 2025
Metric
Actual
Est
EPS
$6.98+2.3%
$6.82
Rev
$1.4B-3.0%
$1.5B
Q3 2025
Jul 23, 2025
Metric
Actual
Est
EPS
$7.82+14.0%
$6.86
Rev
$1.5B+2.0%
$1.5B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$3.35vs $3.19+5.0%
$1.1Bvs $1.1B+6.0%
Q1 2026Jan 28, 2026
$4.45vs $4.75-6.3%
$1.2Bvs $1.3B-5.8%
Q4 2025Oct 22, 2025
$6.98vs $6.82+2.3%
$1.4Bvs $1.5B-3.0%
Q3 2025Jul 23, 2025
$7.82vs $6.86+14.0%
$1.5Bvs $1.5B+2.0%
Based on last 12 quarters of dataView full earnings history →

Latest LII News

Recent stock market news and headlines for Lennox International Inc. (LII)

PRNewsWire·Jun 25, 2026
Lennox Marks One-Year Anniversary of Ariston Joint Venture with Strong Water Heater Launch

DALLAS, June 25, 2026 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient building and home comfort solutions, is marking the one-year anniversary of its joint venture with Ariston Group, a global leader in water heating and sustainable thermal comfort. In its first year, the partnership introduced a line of residential gas, electric, and heat pump water heaters in North America, expanding Lennox's home comfort portfolio and establishing a foundation for growth.

PRNewsWire·Jun 18, 2026
PLATINUM EQUITY TO SELL HEAT CONTROLLER TO LENNOX

Sale positions Heat Controller for continued growth Divestiture represents final exit of the firm's investment in HVAC/R distributor Motors & Armatures LOS ANGELES, June 18, 2026 /PRNewswire/ -- Platinum Equity today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox (NYSE: LII). Financial terms of the transaction were not disclosed.

PRNewsWire·Jun 18, 2026
Lennox Signs Agreement to Acquire Heat Controller, Expanding Portfolio with Trusted Comfort-Aire and Century Brands

Strategic acquisition expands HVAC growth opportunities with distributors across North America. DALLAS, June 18, 2026 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient building and home comfort solutions, announced today that it has signed a definitive agreement to acquire Heat Controller, a leading HVAC equipment supplier.

Peers Comparison

Key metrics vs top competitors for Lennox International Inc. (LII)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LII logoLIILennox International Inc.Current
$568.00$19.77B25.56-2.73%15.13%78.1%0.87%
CARR logoCARRCarrier Global Corporation
$70.10$58.56B41.24-3.29%6.03%9.13%—
TT logoTTTrane Technologies plc
$487.24$107.84B37.547.48%13.42%34.69%—
JCI logoJCIJohnson Controls International plc
$142.72$87.08B54.272.81%14.45%24.88%—
ALLE logoALLEAllegion plc
$140.14$12.04B18.847.82%15.24%32.08%—
AAON logoAAONAAON, Inc.
$109.35$8.96B84.7720.11%7.3%13.4%—

Compare LII vs Peers

Lennox International Inc. (LII) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CARR

Most directly comparable listed peer for LII.

Scale Benchmark

vs TT

Larger-name benchmark to compare LII against a more recognizable public peer.

Peer Set

Compare Top 5

vs CARR, TT, JCI, ALLE

LII SEC Filings & Documents

Lennox International Inc. (LII) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Jan 28, 2026·SEC

Material company update

Dec 5, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 11, 2025·SEC

FY 2024

Feb 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 22, 2025·SEC

FY 2025

Jul 23, 2025·SEC

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LII Frequently Asked Questions

Lennox International Inc. (LII) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Lennox International Inc.'s revenue?

Lennox International Inc. (LII) reported $5.26B in revenue for fiscal year 2025. This represents a 189% increase from $1.82B in 1998.

How fast is Lennox International Inc. growing?

Lennox International Inc. (LII) saw revenue decline by 2.7% over the past year.

Is LII profitable?

Yes, Lennox International Inc. (LII) is profitable, generating $783.1M in net income for fiscal year 2025 (15.1% net margin).

Dividend & Returns
Does LII pay dividends?

Yes, Lennox International Inc. (LII) pays a dividend with a yield of 0.87%. This makes it attractive for income-focused investors.

What is LII's return on equity?

Lennox International Inc. (LII) has a return on equity (ROE) of 78.1%. This is excellent, indicating efficient use of shareholder capital.

What is Lennox International Inc.'s free cash flow?

Lennox International Inc. (LII) generated $660.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in LII back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →