Financials · LII

Lennox International Inc. (LII) financials

For the twelve months ended Sep 30, 2026, Lennox International Inc. reported $5.45B of revenue and $749.90M of net income.

Revenue, TTM
$5.45B
Revenue growth, YoY
+1.9%
Net income, TTM
$749.90M
Net income growth, YoY
-13.3%
Net margin
13.8%
Free cash flow, TTM
$835.70M
EPS, diluted, TTM
$21.55
EPS growth, YoY
-11.5%
Cash
$43.30M
Total debt
$847.10M
P/E
15.94
P/S
2.19
Market cap
$11.95B
Annual revenue$5.20B
FY2016FY2025
Annual net income$805.80M
FY2016FY2025
Annual free cash flow$638.80M
FY2016FY2025

LII revenue and earnings growth

LII revenueQ3 2026$1.57B

Quarter YoY
+10.2%
QoQ
+1.8%
FY YoY
-2.7%
5Y CAGR
+7.4%
10Y CAGR
+4.1%

LII revenue was $1.57B in fiscal Q3 2026 (ended Sep 30, 2026), up 10.2% from a year earlier and up 1.8% from the prior quarter. For the full fiscal 2025 it was $5.20B, down 2.7% from fiscal 2024. Compound annual growth was +7.4% over 5 years and +4.1% over 10 years. It rose in 7 of the last 10 fiscal years.

LII net incomeQ3 2026$221.20M

Quarter YoY
-14.9%
QoQ
-17.8%
FY YoY
-0.7%
5Y CAGR
+17.7%
10Y CAGR
+15.8%

LII net income was $221.20M in fiscal Q3 2026 (ended Sep 30, 2026), down 14.9% from a year earlier and down 17.8% from the prior quarter. For the full fiscal 2025 it was $805.80M, down 0.7% from fiscal 2024. Compound annual growth was +17.7% over 5 years and +15.8% over 10 years. It rose in 8 of the last 10 fiscal years.

LII EPSQ3 2026$6.41

Quarter YoY
-13.1%
QoQ
-17.0%
FY YoY
+0.6%
5Y CAGR
+19.8%
10Y CAGR
+18.7%

LII diluted EPS was $6.41 in fiscal Q3 2026 (ended Sep 30, 2026), down 13.1% from a year earlier and down 17.0% from the prior quarter. For the full fiscal 2025 it was $22.79, up 0.6% from fiscal 2024. Compound annual growth was +19.8% over 5 years and +18.7% over 10 years.

LII free cash flowQ3 2026$362.10M

Quarter YoY
+36.6%
QoQ
+165.7%
FY YoY
-18.3%
5Y CAGR
+3.7%
10Y CAGR
+8.5%

LII free cash flow was $362.10M in fiscal Q3 2026 (ended Sep 30, 2026), up 36.6% from a year earlier and up 165.7% from the prior quarter. For the full fiscal 2025 it was $638.80M, down 18.3% from fiscal 2024. Compound annual growth was +3.7% over 5 years and +8.5% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$5.20B$5.34B$4.98B$4.72B$4.19B$3.63B$3.81B$3.88B$3.84B$3.64B
Cost of revenue$3.46B$3.56B$3.43B$3.43B$3.01B$2.59B$2.73B$2.77B$2.71B$2.57B
Gross profit$1.73B$1.78B$1.55B$1.28B$1.19B$1.04B$1.08B$1.11B$1.13B$1.08B
Research and development$103.40M$93.60M$94.00M$80.30M$76.10M$66.80M$69.90M$72.20M$73.60M$64.60M
Selling, general and admin$681.40M$730.60M$705.50M$627.20M$598.90M$555.90M$585.90M$608.20M$637.70M$621.00M
Operating income$1.04B$1.04B$791.50M$656.20M$590.30M$478.50M$656.90M$509.90M$494.50M$429.40M
Interest expense$40.90M$38.70M$51.70M$38.70M$25.00M$28.30M$47.50M$38.30M$30.60M$27.00M
Pre-tax income$996.80M$999.40M$738.90M$615.80M$560.10M$445.20M$507.90M$467.90M$464.00M$402.70M
Income tax$191.00M$188.30M$147.70M$118.70M$96.10M$88.10M$99.10M$107.60M$156.90M$124.10M
Net income$805.80M$811.10M$591.20M$497.10M$464.00M$356.30M$408.70M$359.00M$305.70M$277.80M
EPS, basic$22.89$22.78$16.65$13.92$12.47$9.30$10.49$8.84$7.25$6.39
EPS, diluted$22.79$22.66$16.58$13.88$12.39$9.24$10.38$8.74$7.14$6.32
Diluted shares35.4M35.8M35.7M35.8M37.5M38.6M39.4M41.1M42.8M44.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$34.20M$415.10M$60.70M$52.60M$31.00M$123.90M$37.30M$46.30M$68.20M$50.20M
Short-term investments$500.0K$7.20M$8.40M$8.50M$5.50M$5.10M$2.90M$0--
Receivables$578.80M$661.10M$594.60M$608.50M$508.30M$448.30M$477.80M$472.70M$506.50M$469.80M
Inventory$1.15B$853.00M$841.80M$753.00M$510.90M$439.40M$544.10M$509.80M$484.20M$418.50M
Current assets$1.90B$2.03B$1.58B$1.50B$1.18B$1.09B$1.12B$1.09B$1.14B$1.01B
Goodwill$497.20M$220.00M$222.10M$186.30M$186.60M$186.90M$186.50M$186.60M$200.50M$195.10M
Total assets$4.08B$3.62B$2.94B$2.57B$2.17B$2.03B$2.03B$1.82B$1.89B$1.76B
Current liabilities$1.19B$1.31B$1.01B$1.60B$827.10M$701.30M$1.00B$1.01B$654.50M$888.60M
Short-term debt$18.30M$314.50M$12.10M$710.60M$11.30M$9.90M$321.90M$300.80M$32.60M$200.10M
Long-term debt$1.14B$833.10M$1.14B$814.20M$1.23B$970.70M$849.30M$740.50M$970.50M$615.70M
Total debt$1.16B$1.15B$1.16B$1.52B$1.24B$980.60M$1.17B$1.04B$1.00B$815.80M
Total liabilities$2.92B$2.66B$2.55B$2.77B$2.44B$2.05B$2.21B$1.97B$1.84B$1.72B
Shareholders' equity$1.16B$962.10M$393.00M-$203.10M-$269.00M-$17.10M-$170.20M-$149.60M$50.10M$38.00M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$757.60M$945.70M$736.20M$302.30M$515.50M$612.40M$396.10M$495.50M$325.10M$373.90M
Capital expenditures$118.80M$163.60M$250.20M$101.10M$106.80M$78.50M$105.60M$95.20M$98.30M$84.30M
Free cash flow$638.80M$782.10M$486.00M$201.20M$408.70M$533.90M$290.50M$400.30M$226.80M$289.60M
Investing cash flow-$655.60M-$174.40M-$319.70M-$103.00M-$106.40M-$79.70M$15.90M$30.50M-$98.10M-$84.10M
Financing cash flow-$465.70M-$418.60M-$406.20M-$174.10M-$498.70M-$441.80M-$423.40M-$537.80M-$218.30M-$274.60M
Dividends paid$173.00M$160.30M$153.40M$142.00M$126.50M$118.10M$110.50M$93.90M$79.70M$69.00M
Share repurchases$482.30M$53.60M$0$300.00M$600.00M$100.00M$400.00M$450.20M$250.00M$300.00M
Stock-based compensation$29.10M$28.50M$30.10M$21.80M$24.30M$24.30M$21.30M$26.30M$24.90M$31.70M
Depreciation and amortization$112.50M$95.10M$86.00M$77.90M$72.40M$72.60M$71.10M$66.00M$64.60M$58.10M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-2.7%7.2%5.6%12.5%15.4%-4.5%-2.0%1.2%5.4%5.0%
Net income growth, YoY-0.7%37.2%18.9%7.1%30.2%-12.8%13.8%17.4%10.0%48.9%
EPS growth, YoY0.6%36.7%19.5%12.0%34.1%-11.0%18.8%22.4%13.0%54.5%
Gross margin33.4%33.3%31.1%27.2%28.3%28.6%28.4%28.6%29.3%29.6%
Operating margin20.0%19.5%15.9%13.9%14.1%13.2%17.3%13.1%12.9%11.8%
Net margin15.5%15.2%11.9%10.5%11.1%9.8%10.7%9.2%8.0%7.6%
Free cash flow margin12.3%14.6%9.8%4.3%9.7%14.7%7.6%10.3%5.9%8.0%
Return on equity69.3%84.3%150.4%-----610.2%731.1%
Return on assets19.7%22.4%20.1%19.4%21.4%17.5%20.1%19.8%16.2%15.8%
Current ratio1.601.551.550.941.421.551.121.081.741.13
Debt to equity1.001.192.94-----20.0221.47

Source: XBRL data Lennox International Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LII peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LII$5.45B+1.9%$749.90M13.8%$11.95B
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

LII FAQ

9 questions
  • What is LII revenue?
    Lennox International Inc. (LII) reported $5.45B of revenue for the twelve months ended Sep 30, 2026. That is up 1.9% from the year before. Revenue for fiscal 2025 was $5.20B.
  • Is LII profitable?
    Yes. Lennox International Inc. earned $749.90M in net income for the twelve months ended Sep 30, 2026, a net margin of 13.8%.
  • How much cash and debt does LII have?
    Lennox International Inc. reported $43.30M in cash and cash equivalents and $847.10M of debt on its most recent balance sheet in SEC filings.
  • How fast is LII revenue growing?
    Lennox International Inc.'s revenue changed -2.7% in fiscal 2025, to $5.20B. Its compound annual growth rate was +7.4% over 5 years and +4.1% over 10 years.
  • What is LII gross margin?
    Lennox International Inc.'s gross profit was $1.78B on $5.45B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 32.6%.
  • What is LII free cash flow?
    Lennox International Inc. generated $835.70M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $989.30M less capital expenditures.
  • What is LII earnings per share?
    Diluted earnings per share were $21.55 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did LII last report financial results?
    The latest statements here come from Lennox International Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this LII financial data come from?
    Quantisnow builds these statements from the structured XBRL data Lennox International Inc. files with the SEC. It is provided for information only and is not investment advice.