— Know what they know.
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Not Investment Advice

LII

NYSE · USD
Lennox International Inc.
Industrials · Industrial - Machinery
CEO Alok Maskara Employees 12,900 R&D / revenue 0.0%
Last price
$357.73−0.21%last session
Market cap
$12.4B
P/E (TTM)
16.1x
From 52w high
−39.1%
From 52w low
+5.1%
1-year return
−31.7%
RSI 14 · vs SMA200
43.0 · −25.4%
IS score
58.5/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

LII   SPY   XLI (sector ETF) · weekly closes
80100120Jan 26Apr 26Jul 26Oct 26SPY 116XLI 111LII 68

Score DNA

Each bar is a 0-100 score within the scored universe
77
Profitability
40
Growth
41
Value
61
Momentum
100
Risk (safety)
73
Quality
53
Balance sheet
74
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
None of the computed warning flags fires for LII (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Cost AdvantagePiotroski 6 / 9Altman Z 7.4Beta 1.183 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
1 open-market sales, $529,001
Form 144 notices (12m): 5, $1.4M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
3
Last disclosed purchase 2026-09-04
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+30
89 new holders, 52 closed
660 filers hold 78.3% · 230 added, 238 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+176
896 funds adding shares
720 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
68.9%
20-day avg 69.6%, 50-day avg 64.1%
Latest 0.7 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$5.2B
Revenue growth YoY−2.7%
Gross margin33.0%
Operating income$1.0B
Operating margin19.5%
Net income$786.2M
Net margin15.1%
EPS (diluted)$22.22
Cash flow
Operating cash flow$757.6M
Capital expenditure$118.8M
Free cash flow$638.8M
FCF conversion (FCF / OCF)84.3%
Stock-based compensation$29.1M
FCF less SBC$609.7M
Buybacks$501.5M
Dividends$173.0M
Balance sheet & returns
Cash & short-term investments$34.7M
Total debt$1.8B
Net debt$1.7B
Shareholders' equity$1.2B
Goodwill & intangibles$497.2M
Debt / equity1.56
ROE (TTM)65.3%
ROIC (TTM)22.8%
Operating margin by fiscal year
14.1%FY202113.9%FY202215.9%FY202319.4%FY202419.5%FY2025
Revenue $4.2B (FY2021) to $5.2B (FY2025), a 5.5% CAGR.

Valuation

P/E (TTM)16.1x
EV / EBITDA12.5x
Price / sales2.33x
Price / FCF16.7x
FCF yield5.97%
Buyback yield4.06%
SBC / revenue0.5%
Price / book9.57x
Forward P/E FY202615.3x
Forward P/E FY202714.0x
Forward P/E FY202812.8x
Forward multiples divide today's price by Street EPS estimates. Street mean target $434.86 across 7 analysts last quarter is theirs, not ours.

LII vs industry median

328 companies in Industrial - Machinery
Gross margin 33.1% 31.0% Operating margin 19.4% 8.4% Net margin 14.6% 6.0% ROIC 22.8% 8.7%
LII (TTM)Industry median Asset turnover 1.17 vs industry 0.76 · financial leverage 3.50

Earnings delivery

Next report 2026-10-28 · consensus EPS $7.34
92%
beat rate, 11 of 12 quarters
+5.5%
median EPS surprise
9
longest beat streak
+14+5+10+4+11+36+3+14+2-6+6+1
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-26 to 2026-07-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
LII Lennox International Inc. $12.4B16.1x65.3%14.6%−2.7% −31.7%
WTS Watts Water Technologies, In $11.9B31.1x18.8%15.5%+17.1% +29.5%
CR Crane Company $11.9B35.5x16.5%13.2%+13.8% +13.6%
GGG Graco Inc. $13.3B25.4x21.2%24.5%+4.6% +1.9%
GNRC Generac Holdings Inc. $11.4B43.7x9.5%12.2%+0.6% +0.0%
RRX Regal Rexnord Corporation $10.3B31.6x4.8%7.5%+3.5% —
DCI Donaldson Company, Inc. $10.2B22.4x28.2%12.2%+5.3% —
GTLS Chart Industries, Inc. $10.0Bn/m-0.9%-1.9%−1.5% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-18Officer/Director Change; Exhibits
2026-07-29Earnings Release; Exhibits
2026-05-28Officer/Director Change; Shareholder Vote
2026-04-29Earnings Release; Exhibits
2026-01-28Results of Operations and Financial Condition; Financial Statements and Exhibits
2025-12-05Departure/Election of Directors; Appointment of Officers; Financial Statements and Exhibits

Context

Shares outstanding34,560,700
Free float90.4%
Institutional ownership78.3%
Beta1.18
Dividend yield1.49%
Last dividend$1.36 on 2026-09-30
50 / 200-day average$381.94 / $480.35
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where LII sits among 62 scored companies in Industrial - Machinery (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureLIIIndustry medianIndustry percentileSector median
P/E (TTM) 16.0x 29.1x
7th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) 1.24 1.59
34th		 1.42
Price / sales 2.3x 2.4x
48th		 2.0x
Price / book 9.5x 3.7x
90th		 2.9x
Price / tangible book 37.8x 11.7x
85th		 5.6x
Price / free cash flow 16.7x 22.0x
21st		 20.8x
Price / operating cash flow 13.8x 17.8x
24th		 14.5x
Enterprise value $14.3B $7.5B
70th		 $4.8B
EV / sales 2.7x 2.5x
54th		 2.4x
EV / EBITDA 12.3x 16.3x
18th		 13.6x
EV / EBIT 14.0x 21.3x
9th		 19.9x
EV / free cash flow 19.4x 26.6x
21st		 24.3x
Earnings yield 6.3% 3.2%
93rd		 3.3%
FCF yield 6.0% 4.2%
80th		 3.8%
Operating cash flow yield 7.2% 5.4%
77th		 6.2%
Graham number (per share) $136.62 $37.80
94th		 $38.21

Profitability (TTM)

MeasureLIIIndustry medianIndustry percentileSector median
Gross margin 33.1% 35.6%
39th		 30.5%
EBITDA margin 22.0% 18.4%
74th		 14.3%
Operating margin 19.4% 13.7%
80th		 9.8%
EBIT margin 19.3% 12.6%
80th		 9.9%
Net margin 14.6% 8.6%
85th		 6.0%
NOPAT margin 15.6% 10.7%
80th		 7.8%
FCF margin 13.9% 11.2%
67th		 7.0%
Operating cash flow margin 16.9% 14.1%
66th		 11.2%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 13.3% 18.6%
23rd		 14.1%
Stock comp / revenue 0.5% 0.6%
37th		 0.6%
Effective tax rate 19.7% 21.2%
28th		 21.0%

Returns on capital

MeasureLIIIndustry medianIndustry percentileSector median
ROE (on average equity) 70.5% 12.8%
97th		 11.9%
ROA 18.9% 6.1%
98th		 4.8%
ROIC 25.2% 10.9%
90th		 8.7%
ROCE 32.9% 10.9%
97th		 9.4%
Return on tangible assets 24.9% 9.0%
98th		 7.9%
Cash ROIC (OCF / invested capital) 27.4% 12.9%
85th		 12.8%
Gross profitability (GP / assets) 38.6% 24.7%
92nd		 19.2%
ROIC, 3-yr average 26.6% 8.6%
96th		 7.8%
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 17.7% 21.5%
44th		 20.5%

Growth

MeasureLIIIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) -2.1% 7.3%
10th		 8.6%
Revenue growth (QoQ) 36.1% 9.4%
97th		 9.9%
Revenue CAGR, 3 yr 3.4% 3.7%
47th		 5.0%
Revenue CAGR, 5 yr 5.1% 6.2%
40th		 8.3%
Gross profit CAGR, 3 yr 8.2% 6.5%
58th		 6.5%
Operating income CAGR, 3 yr 11.8% 6.8%
65th		 6.4%
Net income growth (TTM YoY) -7.2% -2.3%
39th		 11.3%
Net income CAGR, 3 yr 12.0% 3.5%
65th		 6.6%
EPS growth (TTM YoY) -5.3% -1.2%
41st		 13.3%
EPS CAGR, 3 yr 12.8% 3.8%
67th		 5.6%
EPS CAGR, 5 yr 11.0% 7.1%
61st		 8.3%
FCF growth (TTM YoY) 8.6% 9.0%
46th		 14.7%
FCF CAGR, 3 yr 38.2% 14.6%
83rd		 12.2%
Operating cash flow CAGR, 3 yr 28.7% 13.1%
77th		 8.8%
Book value CAGR, 3 yr 176.8% 8.7%
98th		 7.3%
Dividend CAGR, 3 yr 9.8% 2.3%
96th		 2.7%
Sustainable growth rate 51.2% 9.5%
98th		 11.0%

Margin history & stability

MeasureLIIIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 32.8% 35.7%
40th		 30.6%
Operating margin, 3-yr average 18.7% 13.7%
87th		 10.0%
Net margin, 3-yr average 14.3% 10.2%
85th		 6.2%
FCF margin, 3-yr average 12.5% 10.7%
65th		 7.1%
Revenue stability (0-1) 0.92 0.78
78th		 0.81
Earnings stability (0-1) 0.84 0.40
88th		 0.47
Margin stability (0-1) 0.94 0.94
52nd		 0.90

Liquidity (latest quarter)

MeasureLIIIndustry medianIndustry percentileSector median
Cash & short-term investments $52.1M $240.9M
11th		 $249.6M
Net cash (− = net debt) −$2.0B −$710.5M
25th		 −$666.5M
Working capital $819.0M $596.2M
72nd		 $376.4M
Current ratio 1.57 2.06
28th		 1.79
Quick ratio 0.77 1.20
18th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.04 0.30
3rd		 0.32
Defensive interval (days) 486 days 495 days
44th		 614 days

Leverage & solvency (latest quarter)

MeasureLIIIndustry medianIndustry percentileSector median
Total debt $2.0B $1.2B
67th		 $919.8M
Debt / equity 1.56 0.55
92nd		 0.65
Net debt / equity 1.52 0.43
93rd		 0.46
Debt / assets 44.5% 26.8%
92nd		 29.3%
Debt / capital 61.0% 35.6%
92nd		 39.5%
Debt / EBITDA 1.73 2.00
41st		 2.44
Net debt / EBITDA 1.69 1.61
52nd		 1.86
Interest coverage (EBIT / interest) 18.1x 7.0x
86th		 5.0x
Cash interest coverage 15.9x 7.9x
84th		 6.1x
Debt payback (years of OCF) 2.3 yrs 2.6 yrs
38th		 3.2 yrs
Liabilities / assets 71.5% 50.7%
89th		 56.7%
IS credit model rating AA- — —
Implied credit spread (bps) 100 125
21st		 200

Efficiency

MeasureLIIIndustry medianIndustry percentileSector median
Asset turnover 1.29 0.78
93rd		 0.75
Fixed asset turnover 3.94 5.95
5th		 5.14
Inventory turnover 3.3 3.7
36th		 5.0
Receivables turnover 5.9 5.9
49th		 6.7
Days sales outstanding 61 days 61 days
51st		 54 days
Days inventory outstanding 111 days 99 days
64th		 72 days
Days payables outstanding 57 days 53 days
56th		 41 days
Cash conversion cycle (days) 115 days 107 days
57th		 63 days
Capex / revenue 2.9% 2.1%
68th		 3.0%
Capex / depreciation 1.06 0.65
78th		 0.76
Operating expense ratio 12.0% 21.2%
8th		 17.7%

Cash flow & earnings quality

MeasureLIIIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.16 1.42
22nd		 1.50
FCF / net income 0.95 1.22
25th		 1.15
FCF / operating cash flow 82.6% 83.2%
47th		 74.0%
Capex / operating cash flow 17.4% 16.8%
53rd		 26.1%
Accruals ratio -2.9% -3.4%
57th		 -4.0%
Sloan accruals ratio 2.1% -1.5%
77th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
25th		 1.00

Dividends & buybacks

MeasureLIIIndustry medianIndustry percentileSector median
Dividend yield 1.5% 0.9%
79th		 0.6%
Dividend per share (TTM) $5.32 $0.97
93rd		 $0.44
Payout ratio (dividends / net income) 27.3% 29.1%
45th		 22.5%
Dividends / FCF 28.7% 24.6%
62nd		 19.6%
Dividend growth (YoY) 31.9% 5.8%
94th		 5.6%
Buyback yield 2.8% 0.7%
82nd		 0.5%
Shareholder yield (dividends + buybacks) 4.5% 2.2%
83rd		 2.0%
Share count change (YoY) -2.0% -0.1%
25th		 0.0%
Buybacks, last 5 years $2.0B $147.1M
82nd		 $76.0M

Scores & forensic checks

MeasureLIIIndustry medianIndustry percentileSector median
IS score 58 58
51st		 53
IS profitability 77 45
97th		 37
IS growth 40 48
33rd		 54
IS value 41 48
25th		 47
IS momentum 61 73
25th		 76
IS risk (safety) 100 100
48th		 80
IS quality 73 71
54th		 67
IS balance sheet 53 63
25th		 56
IS earnings quality 74 72
61st		 70
IS cash flow 60 60
49th		 54
Piotroski F-score (0-9) 6 6
36th		 6
Altman Z-score 7.4 4.4
90th		 3.3
Beneish M-score −2.26 −2.55
82nd		 −2.52
Ohlson O-score −7.16 −8.00
77th		 −7.49
IS credit score 84 76
69th		 65

Per share

MeasureLIIIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $22.26 $2.85
97th		 $2.21
Book value per share $37.28 $26.75
64th		 $18.38
Tangible book per share $15.21 $2.15
84th		 $4.39
Revenue per share $152.36 $46.23
93rd		 $36.64
FCF per share $21.23 $4.10
95th		 $2.70
Operating cash flow per share $25.71 $4.77
95th		 $4.28
Cash per share $1.50 $3.39
11th		 $3.02

Size (TTM)

MeasureLIIIndustry medianIndustry percentileSector median
Market cap $12.4B $6.0B
70th		 $3.9B
Revenue $5.3B $2.7B
75th		 $2.7B
EBITDA $1.2B $370.8M
77th		 $394.8M
Net income $774.5M $165.9M
79th		 $136.3M
Free cash flow $738.7M $324.5M
79th		 $162.9M
Total assets $4.5B $3.6B
57th		 $3.5B
Shareholders' equity $1.3B $1.6B
44th		 $1.4B
Employees 5,400 6,800
43rd		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-08-06Norris John W Iii
Director
 Gift 8,988——168,942
2026-05-28Norris John W Iii
Director
 Gift 990——177,930
2026-05-26Somasundaram Sivasankaran
Director
 Return to issuer 343——767
2026-05-21Buck Sherry
Director
 Award / grant 343——2,306
2026-05-21Quintos Karen H
Director
 Award / grant 343——7,253
2026-05-21Teske Todd J
Director
 Award / grant 343——7,224
2026-05-21Vander Ark Jon
Director
 Award / grant 343——617
2026-05-21Wall Shane D
Director
 Award / grant 343——2,548
2026-05-21Embree Tracy A
Director
 Award / grant 343——343
2026-05-21Norris John W Iii
Director
 Award / grant 343——178,920
2026-05-21Somasundaram Sivasankaran
Director
 Award / grant 343——1,110
2026-05-06Kosel Chris
VP-Corp Controller and CAO
 Open-market sale 971$544.80$529,0011,090

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayAug

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired82,744—
GiftDisposed29,978—
Open-market saleDisposed1971$529,001
Return to issuerDisposed1343—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 5 notices · 2,625 shares · $1.4M
FiledFilerShares proposedEst. proceeds
2026-05-06Kosel Chris971$529,001
2026-02-25Wall Shane D100$54,001
2026-02-04Kosel Chris254$136,271
2026-02-04Teske Todd J700$373,415
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 4 trades (3 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-11Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-09-04Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-08-10Ro KhannaHousePurchase$1,001 - $15,0002026-09-07
2026-05-01Ro KhannaHousePurchase$1,001 - $15,0002026-06-11
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.2,975,559$1.7B8.61%
Capital International Investors2,482,381$1.4B7.18%
VANGUARD CAPITAL MANAGEMENT LLC2,057,463$1.2B5.95%
STATE STREET CORP1,483,993$852.2M4.29%
VANGUARD PORTFOLIO MANAGEMENT LLC1,415,531$811.0M4.10%
MORGAN STANLEY929,080$532.3M2.69%
GEODE CAPITAL MANAGEMENT, LLC863,378$492.8M2.50%
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC739,856$423.9M2.14%
Invesco Ltd.485,554$278.2M1.40%
Beacon Pointe Advisors, LLC417,517$239.2M1.21%
GOLDMAN SACHS GROUP INC404,354$231.7M1.17%
NORGES BANK360,498$206.5M1.04%
CITADEL ADVISORS LLC355,166$203.5M1.03%
BANK OF AMERICA CORP /DE/342,220$196.1M0.99%
CIBC Bancorp USA Inc.319,784$183.3M0.93%

Institutional ownership by quarter

2023-092026-0678.3%
% of shares held by 13F filers
2023-092026-06660
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3066078.3%8923023852
2026-03-3163076.0%7824720892
2025-12-3165673.6%9119128894
2025-09-3067175.3%10523123061
2025-06-3063977.2%8723623181
2025-03-3164277.5%8822724285
2024-12-3164374.7%10224221259
2024-09-3061669.8%10922419041
2024-06-3055273.5%6721518556
2024-03-3154970.3%9520916142
2023-12-3150069.2%10618614645
2023-09-3044669.9%7115115637

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management6.7%2,327,689
2026-04-22SCHEDULE 13GShabet Rose Sharon5.2%1,815,350
2026-02-13SCHEDULE 13GCapital International Investors8.4%2,944,558
2025-06-23SCHEDULE 13D/ANORRIS JOHN W III9.8%3,487,247
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.01%$349.0M
VSMPX0.01%$349.0M
VTI0.01%$349.0M
VTSAX0.01%$349.0M
VFIAX0.02%$293.7M
VFFSX0.02%$293.7M

Share structure

Shares outstanding34,560,700
Float31,233,864
Free float90.4%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$4.2B$4.7B$5.0B$5.3B$5.2B
Cost of revenue$3.0B$3.4B$3.4B$3.6B$3.5B
Gross profit$1.2B$1.3B$1.5B$1.8B$1.7B
R&D$0$0$0$0$0
SG&A$598.9M$627.2M$705.5M$730.6M$681.4M
Operating income$590.3M$656.2M$790.1M$1.0B$1.0B
EBITDA$658.5M$733.5M$879.5M$1.1B$1.1B
Pretax income$560.1M$615.8M$737.5M$993.8M$970.9M
Income tax$96.1M$118.7M$147.4M$186.9M$184.7M
Net income$464.0M$497.1M$590.1M$806.9M$786.2M
EPS, diluted$12.37$13.89$16.53$22.54$22.22
Diluted shares37.5M35.8M35.7M35.8M35.1M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$36.5M$61.1M$69.1M$422.3M$34.7M
Receivables$508.3M$608.5M$594.6M$661.1M$578.8M
Inventory$510.9M$753.0M$699.1M$704.8M$1.2B
Total current assets$1.2B$1.5B$1.4B$1.9B$1.9B
PP&E, net$711.2M$768.8M$934.0M$1.1B$1.2B
Goodwill & intangibles$186.6M$186.3M$222.1M$220.0M$497.2M
Total assets$2.2B$2.6B$2.8B$3.5B$4.1B
Accounts payable$402.1M$427.3M$374.7M$490.0M$438.0M
Total current liabilities$827.1M$1.6B$1.0B$1.3B$1.2B
Long-term debt$1.2B$785.9M$1.1B$793.6M$1.4B
Total liabilities$2.4B$2.8B$2.5B$2.6B$2.9B
Shareholders' equity−$269.0M−$203.1M$285.3M$850.2M$1.2B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$464.0M$497.1M$590.1M$806.9M$805.8M
Depreciation & amortization$72.4M$77.9M$86.0M$95.1M$112.5M
Stock-based compensation$24.3M$21.8M$30.1M$28.5M$29.1M
Change in working capital−$52.6M−$267.9M$8.8M$42.5M−$224.3M
Operating cash flow$515.5M$302.3M$736.2M$945.7M$757.6M
Capital expenditure−$106.8M−$101.1M−$250.2M−$163.6M−$118.8M
Free cash flow$408.7M$201.2M$486.0M$782.1M$638.8M
Investing cash flow−$106.4M−$103.0M−$319.7M−$174.4M−$655.6M
Net debt issued / repaid$244.2M$272.6M−$241.8M−$187.6M$204.8M
Buybacks−$622.1M−$308.3M−$14.9M−$75.2M−$501.5M
Dividends paid−$126.5M−$142.0M−$153.4M−$160.3M−$173.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin28.3%27.2%31.1%33.2%33.0%
Operating margin14.1%13.9%15.9%19.4%19.5%
Net margin11.1%10.5%11.8%15.1%15.1%
FCF margin9.7%4.3%9.8%14.6%12.3%
ROE-324.4%-210.6%1,435.8%142.1%78.1%
ROIC43.2%35.7%36.3%43.8%25.8%
ROA22.1%21.0%22.0%25.7%20.8%
Debt / equity-5.34-8.625.351.751.77
Interest coverage23.4x17.0x14.2x26.8x24.7x
Current ratio1.420.941.411.431.60
Revenue growth+15.4%+12.5%+5.6%+7.2%−2.7%
EPS growth+36.6%+10.7%+18.0%+36.7%−0.6%
P/E at year end24.6x16.7x26.7x26.8x21.7x
EV / EBITDA at year end19.4x13.6x19.6x20.1x16.6x
FCF yield at year end3.58%2.43%3.08%3.61%3.75%
Dividend payout27.3%28.6%52.0%19.9%25.8%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Residential Heating and Cooling$2.8B$3.2B$3.2B$3.6B$3.3B
Commercial Heating and Cooling$790.1M$837.7M$1.5B$1.8B$1.9B
Refrigeration$553.7M$619.4M$247.6M——
Corporate and Other——$247.6M——

Revenue by region · FY2025

Residential Heating and Cooling$3.3B · 64%
Commercial Heating and Cooling$1.9B · 36%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $7.34 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$5.6B$5.5B – $5.6B$23.38$22.86 – $24.011215.3x
2027$5.9B$5.8B – $6.1B$25.63$24.28 – $26.951214.0x
2028$6.2B$5.9B – $6.8B$27.86$25.87 – $32.02712.8x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-29$7.67$7.72+0.7%$1.6B$1.5B−0.9%
2026-04-29$3.16$3.35+6.0%$1.1B$1.1B+6.0%
2026-01-28$4.75$4.45−6.3%$1.3B$1.2B−5.8%
2025-10-22$6.82$6.98+2.3%$1.5B$1.4B−3.0%
2025-07-23$6.86$7.82+14.0%$1.5B$1.5B+2.0%
2025-04-23$3.28$3.37+2.7%$1.0B$1.1B+4.7%
2025-01-29$4.12$5.60+35.9%$1.2B$1.3B+8.5%
2024-10-23$6.00$6.68+11.3%$1.4B$1.5B+5.7%
2024-07-24$6.57$6.83+4.0%$1.5B$1.5B−1.8%
2024-04-24$3.16$3.47+9.8%$1.1B$1.0B−0.5%
2024-01-31$3.46$3.63+4.9%$1.1B$1.2B+1.8%
2023-10-26$4.73$5.37+13.5%$1.3B$1.4B+6.5%
2023-07-27$5.19$6.15+18.5%$1.4B$1.4B+3.0%
2023-04-27$2.42$2.83+16.9%$1.0B$1.0B+1.9%
2023-01-31$2.55$2.63+3.1%$1.1B$1.1B−0.8%
2022-10-27$4.10$4.100.0%$1.2B$1.2B+1.4%
2022-07-28$4.76$5.00+5.0%$1.3B$1.4B+1.6%
2022-04-25$2.07$2.36+14.0%$970.8M$1.0B+4.4%
2022-02-01$1.99$2.35+18.1%$956.7M$964.8M+0.9%
2021-10-25$3.61$3.40−5.8%$1.2B$1.1B−8.3%
2021-07-26$4.39$4.57+4.1%$1.2B$1.2B+7.2%
2021-04-26$1.31$2.27+73.3%$645.5M$930.5M+44.1%
2021-02-02$2.65$2.89+9.1%$876.0M$914.0M+4.3%
2020-10-19$3.15$3.53+12.1%$941.4M$1.1B+12.1%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.306-220.406-290.307-060.407-130.307-200.807-270.508-030.308-100.208-170.208-240.308-31
Week ofNotionalSharesTrades
2026-08-31$298.5M780,22636,025
2026-08-24$222.0M565,26528,578
2026-08-17$239.7M582,31630,240
2026-08-10$307.5M727,22134,205
2026-08-03$450.5M1,025,65244,396
2026-07-27$848.9M1,828,32664,013

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1568.9%
DateShort shareShort volumeTotal volume
2026-10-1568.9%212,098307,949
2026-10-1464.8%181,308279,863
2026-10-1362.5%182,811292,403
2026-10-1266.9%81,254121,428
2026-10-0968.4%116,546170,465
2026-10-0872.2%122,846170,041
2026-10-0779.1%117,057147,943
2026-10-0656.5%100,525177,934
2026-10-0565.9%124,052188,228
2026-10-0285.4%174,541204,296
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.4Jan+3.3Feb+1.0Mar-0.4Apr+1.2May+1.5Jun+3.6Jul-0.2Aug-3.0Sep+3.7Oct+4.4Nov+3.0Dec
MonthAvg returnUp yearsYears
Jan−0.4%55%20
Feb+3.3%65%20
Mar+1.0%71%21
Apr−0.4%40%20
May+1.2%55%20
Jun+1.5%65%20
Jul+3.6%65%20
Aug−0.2%50%20
Sep−3.0%25%20
Oct+3.7%65%20
Nov+4.4%90%20
Dec+3.0%65%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1443.0
MFI47.0
ADX23.6
Stochastic %K / %D45.5 / 35.5
Williams %R-44.3
CCI-29
TSI / signal-22.6 / -27.3
Chaikin money flow0.13
ATR$10.99
Bollinger width7.0%
Volume vs 20-day avg1.03x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$360.76 (−0.8%)
SMA 50$380.10 (−5.9%)
SMA 200$479.48 (−25.4%)
EMA 21$362.19 (−1.2%)
EMA 50$388.08 (−7.8%)
EMA 200$462.67 (−22.7%)
Bollinger upper$373.34 (−4.2%)
Bollinger lower$348.17 (+2.7%)
Parabolic SAR$364.33 (−1.8%)
Open the live chart, 110+ indicators

About Lennox International Inc.

Lennox International Inc. is a global manufacturer and distributor specializing in heating, ventilation, air conditioning (HVAC), and refrigeration solutions. The company operates across three divisions: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. Its Residential Heating & Cooling division supplies homeowners with systems like furnaces, air conditioners, and heat pumps, along with indoor air quality products, comfort controls, and replacement components, catering to both new construction and existing residential upgrades. The Commercial Heating & Cooling division serves the light commercial sector, providing unitary HVAC equipment, advanced applied systems, control technologies, and comprehensive installation and maintenance services, including variable refrigerant flow solutions. Lastly, the Refrigeration division delivers essential components such as condensing units, unit coolers, and industrial chillers. These are crucial for food preservation in retail, hospitality, and logistics (e.g., supermarkets, restaurants, warehouses), as well as for specialized cooling needs in data centers, machine tooling, and other industrial applications. The company distributes its offerings through direct sales, a network of distributors, and its proprietary parts and supplies retail locations. Established in 1895, Lennox International Inc. maintains its headquarters in Richardson, Texas.

http://www.lennox.com

Key executives

NameTitlePayBorn
Alok MaskaraChief Executive Officer, President & Director$2.8M1971
Monica BrownExecutive Vice President, Chief Legal Officer & Corporate Secretary$1.5M1973
Sarah MartinExecutive Vice President & President of Home Comfort Solutions$1.4M1974
Michael QuenzerExecutive Vice President & Chief Financial Officer$1.2M1978
Joseph F. NassabExecutive Vice President & President of Building Climate Solutions$1.1M1968
Daniel SessaExecutive Vice President & Chief HR Officer$1.1M1965
Chris A. KoselVice President, Chief Accounting Officer & Controller—1967
Mary Ellen MondiVice President of Marketing & Communication——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Alok Maskara President and Chief Executive Officer2025$1.2M$4.5M$1.3M$8.4M
Daniel M. Sessa Executive Vice President, Chief Human Resources Officer2025$608,750$865,458$412,869$3.6M
Sarah R. Martin Executive Vice President and President, Home Comfort Solutions2025$406,818$1.2M$244,884$2.4M
Michael P. Quenzer Executive Vice President, Chief Financial Officer2025$625,000$934,403$423,891$2.3M
Joseph F. Nassab Executive Vice President and President, Building Climate Solutions2025$592,500$900,211$396,071$2.2M

Employees

11k201811k201910k202011k202113k202213k202314k202413k2025

Dividends

Ex-dateAmountPaid
2026-09-30$1.362026-10-15
2026-06-30$1.362026-07-15
2026-03-31$1.32026-04-15
2025-12-31$1.32026-01-15
2025-09-30$1.32025-10-15
2025-06-30$1.32025-07-15
2025-04-30$1.152025-05-15
2024-12-31$1.152025-01-15

Moat model

Weak · Cost Advantage · 2026-06-30
Cost advantage88
Intangibles51
Switching costs53
Network effect32
Efficient scale40
Our component scores (0-100) and overall 54.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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