Overview
LENNOX INTERNATIONAL INC
Latest 10-K: FY2025, filed Feb 17, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $5.20B
- 2.7%YoYdown from FY2024
- TotalRevenue
- Gross profit
- $1.73B
- 2.4%YoYdown from FY2024
- GrossProfit
- Operating income
- $1.04B
- 0.1%YoYup from FY2024
- OperatingIncome
- Net income
- $0.81B
- 0.7%YoYdown from FY2024
- NetIncome
- Diluted EPS
- $22.79
- 0.6%YoYup from FY2024
- EPSDiluted
- Diluted shares
- 35.4M
- 1.1%YoYdown from FY2024
- WeightedAvgSharesDiluted
At a glance
Growth
- LENNOX INTERNATIONAL INC reported revenue of $5.20B for fiscal 2025, down 2.7% from fiscal 2024.
- Revenue grew faster than the median S&P 500 member in 4 of the last 5 fiscal years.
Profitability
- Operating margin was 20.0% and net margin was 15.5%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
Per share
- Diluted EPS was $22.79, up 0.6% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $5.20B2.7%down S&P 500 6.4% | $5.34B7.2%up S&P 500 4.5% | $4.98B5.6%up S&P 500 4.8% | $4.72B12.5%up S&P 500 10.3% | $4.19B15.4%up S&P 500 13.8% | 5.5% S&P 500 6.6% |
| Gross Profit Median of 315 / 498 | $1.73B2.4%down S&P 500 6.8% | $1.78B14.7%up S&P 500 5.5% | $1.55B20.6%up S&P 500 5.2% | $1.28B8.1%up S&P 500 8.3% | $1.19B14.3%up S&P 500 15.7% | 9.9% S&P 500 6.2% |
| Operating Income Median of 373 / 498 | $1.04B0.1%up S&P 500 7.3% | $1.04B31.4%up S&P 500 7.4% | $0.79B20.6%up S&P 500 4.9% | $0.66B11.2%up S&P 500 7.5% | $0.59B23.4%up S&P 500 23.5% | 15.3% S&P 500 7.2% |
| Net Income | $805.80M0.7%down S&P 500 4.8% | $811.10M37.2%up S&P 500 5.7% | $591.20M18.9%up S&P 500 1.9% | $497.10M7.1%up S&P 500 1.3% | $464.00M30.2%up S&P 500 33.9% | 14.8% S&P 500 4.1% |
| EPS (Diluted) | $22.790.6%up S&P 500 6.2% | $22.6636.7%up S&P 500 7.9% | $16.5819.5%up S&P 500 1.9% | $13.8812.0%up S&P 500 1.5% | $12.3934.1%up S&P 500 34.8% | 16.5% S&P 500 5.6% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $4.08B12.8%up S&P 500 5.6% | $3.62B23.1%up S&P 500 3.4% | $2.94B14.5%up S&P 500 4.1% | $2.57B18.2%up S&P 500 2.2% | $2.17B6.9%up S&P 500 6.7% | 17.1% S&P 500 4.7% |
| Total Liabilities Median of 357 / 498 | $2.92B9.8%up S&P 500 6.4% | $2.66B4.3%up S&P 500 1.9% | $2.55B8.0%down S&P 500 2.9% | $2.77B13.5%up S&P 500 2.0% | $2.44B19.1%up S&P 500 5.2% | 4.6% S&P 500 4.4% |
| Stockholders' Equity | $1.16B20.9%up S&P 500 6.8% | $0.96B144.8%up S&P 500 5.4% | $0.39Bn/m S&P 500 7.3% | negative: -$0.20Bn/m S&P 500 2.5% | negative: -$0.27Bn/m S&P 500 9.0% | n/m S&P 500 6.1% |
| Cash & Equivalents | $34.20M91.8%down S&P 500 5.2% | $415.10M583.9%up S&P 500 1.9% | $60.70M15.4%up S&P 500 6.7% | $52.60M69.7%up S&P 500 -8.6% | $31.00M75.0%down S&P 500 -2.9% | 2.5% S&P 500 2.0% |
| Total Debt Median of 393 / 498 | $1.39B21.0%up S&P 500 2.3% | $1.15B12.1%down S&P 500 0.1% | $1.31B14.4%down S&P 500 0.1% | $1.52B23.2%up S&P 500 0.1% | $1.24B26.2%up S&P 500 0.0% | 2.9% S&P 500 3.7% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $757.60M19.9%down S&P 500 6.3% | $945.70M28.5%up S&P 500 4.8% | $736.20M143.5%up S&P 500 9.9% | $302.30M41.4%down S&P 500 -0.7% | $515.50M15.8%down S&P 500 10.7% | 10.1% S&P 500 7.0% |
| Capital Expenditures | $118.80M27.4%down S&P 500 5.4% | $163.60M34.6%down S&P 500 2.8% | $250.20M147.5%up S&P 500 11.3% | $101.10M5.3%down S&P 500 14.0% | $106.80M36.1%up S&P 500 8.1% | 2.7% S&P 500 9.0% |
| Free Cash Flow Median of 378 / 498 | $638.80M18.3%down S&P 500 7.3% | $782.10M60.9%up S&P 500 6.1% | $486.00M141.6%up S&P 500 8.8% | $201.20M50.8%down S&P 500 -11.3% | $408.70M23.5%down S&P 500 10.2% | 11.8% S&P 500 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
4.7%
Wall Street
on net earnings
FY2024 3.7%
3.7%
Value investor
on free cash flow
FY2024 3.6%
Gap −1.0 pts: Value-investor figure 1.0 points lower
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 21.3×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
6.2%
Wall Street
on EBITDA
FY2024 5.0%
5.6%
Value investor
on EBIT
FY2024 4.6%
Gap −0.6 pts: Value-investor figure 0.6 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 16.1×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
6.8%
Wall Street
on book equity
FY2024 3.9%
3.9%
Value investor
on tangible book
FY2024 3.0%
Gap −2.9 pts: Value-investor figure 2.9 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 14.8×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
75.8%
Wall Street
ROE: net income ÷ equity
FY2024 119.7%
27.2%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 38.3%
Gap −48.6 pts: Value-investor figure 48.6 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
22.2%
Wall Street
EBITDA margin
FY2024 21.2%
12.3%
Value investor
Free-cash-flow margin
FY2024 14.6%
Gap −9.9 pts: Value-investor figure 9.9 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.60×
Wall Street
Current ratio
FY2024 1.55×
0.63×
Value investor
Quick ratio, inventory excluded
FY2024 0.90×
Gap −0.97×: Value-investor figure 0.97 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.83×
Wall Street
EBITDA ÷ total debt
FY2024 0.98×
0.46×
Value investor
FCF ÷ total debt
FY2024 0.68×
Gap −0.37×: Value-investor figure 0.37 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net debt/EBITDA 1.17×Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
24.9×
Wall Street
EBITDA ÷ interest
FY2024 25.6×
22.4×
Value investor
EBIT ÷ interest
FY2024 23.5×
Gap −2.5×: Value-investor figure 2.5 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on LII yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on LII and publish the result to your public profile.
Cite this page
Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/LII
Valuein. (2026, October 23). LENNOX INTERNATIONAL INC (LII) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/LII
@misc{valuein_lii_2026,
author = {{Valuein}},
title = {LENNOX INTERNATIONAL INC (LII) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/LII}},
note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}10-K filed Feb 17, 2026 · accession 0001069202-26-000028
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing