Lennox International (LII) Financials

$564.68 -4.82 (-0.85%)

Closing price 03:59 PM Eastern

Extended Trading

$564.50 -0.18 (-0.03%)

As of 05:36 PM Eastern

Annual Income Statements for Lennox International

This table shows Lennox International's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	807	590	497	464	356	607	348	306	278	187
Consolidated Net Income / (Loss)	807	590	497	464	356	409	359	306	278	187
Net Income / (Loss) Continuing Operations	807	590	497	464	357	409	360	307	279	187
Total Pre-Tax Income	994	738	616	560	445	508	468	464	403	283
Total Operating Income	1,035	790	656	590	464	657	510	476	411	305
Total Gross Profit	1,772	1,548	1,285	1,188	1,040	1,080	1,111	1,125	1,077	947
Total Revenue	5,341	4,982	4,718	4,194	3,634	3,807	3,884	3,840	3,642	3,467
Operating Revenue	5,341	4,982	4,718	4,194	3,634	3,807	3,884	3,840	3,642	3,467
Total Cost of Revenue	3,569	3,434	3,434	3,006	2,594	2,727	2,773	2,714	2,565	2,520
Operating Cost of Revenue	3,569	3,434	3,434	3,006	2,594	2,727	2,773	2,714	2,565	2,520
Total Operating Expenses	745	767	634	610	577	337	624	649	666	642
Selling, General & Admin Expense	731	706	627	599	556	586	608	638	621	581
Other Operating Expenses / (Income)	13	8.50	4.90	9.20	7.40	8.30	13	7.10	11	8.30
Impairment Charge	0.00	63	0.00	0.00	-	-	12	-	-	50
Restructuring Charge	0.00	3.10	1.50	1.80	11	10	3.00	3.20	1.80	3.20
Other Special Charges / (Income)	1.90	-13	0.00	0.00	2.50	-267	-12	1.10	31	0.00
Total Other Income / (Expense), net	-33	-43	-35	-17	-17	-36	-30	-12	-8.30	-23
Interest Expense	39	52	39	25	28	48	38	31	27	24
Interest & Investment Income	7.90	8.50	5.10	12	16	13	12	18	18	-
Other Income / (Expense), net	-1.90	-0.10	-1.90	-4.00	-4.40	-2.30	-3.30	0.10	0.30	0.80
Income Tax Expense	187	147	119	96	88	99	108	157	124	95
Basic Earnings per Share	$22.67	$16.61	$13.92	$12.47	$9.30	$10.49	$8.84	$7.25	$6.39	$4.16
Weighted Average Basic Shares Outstanding	35.60M	35.50M	35.70M	37.20M	38.30M	39M	40.60M	42.20M	43.40M	44.90M
Diluted Earnings per Share	$22.54	$16.54	$13.88	$12.39	$9.24	$10.38	$8.74	$7.14	$6.32	$4.09
Weighted Average Diluted Shares Outstanding	35.80M	35.70M	35.80M	37.50M	38.60M	39.40M	41.10M	42.80M	44M	45.60M
Weighted Average Basic & Diluted Shares Outstanding	35.58M	35.59M	35.47M	36.64M	37.73M	38.60M	39.87M	42.20M	43.50M	44.90M
Cash Dividends to Common per Share	$4.55	$4.36	$4.10	$3.53	$3.08	$0.00	$2.43	$1.96	$1.65	$1.38

This table shows Lennox International's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	120	198	239	246	124	145	130	217	98	94	142
Consolidated Net Income / (Loss)	120	198	239	246	124	145	130	217	98	94	142
Net Income / (Loss) Continuing Operations	120	198	239	246	124	145	130	217	98	94	142
Total Pre-Tax Income	148	239	294	307	154	174	175	264	125	120	175
Total Operating Income	156	245	303	320	167	185	187	279	140	132	186
Total Gross Profit	329	455	488	488	340	355	429	458	307	285	334
Total Revenue	1,073	1,345	1,498	1,451	1,047	1,155	1,366	1,411	1,049	1,094	1,245
Operating Revenue	1,073	1,345	1,498	1,451	1,047	1,155	1,366	1,411	1,049	1,094	1,245
Total Cost of Revenue	744	890	1,010	963	707	800	938	954	743	809	911
Operating Cost of Revenue	744	890	1,010	963	707	800	938	954	743	809	911
Total Operating Expenses	174	213	188	171	174	171	246	182	168	155	151
Selling, General & Admin Expense	171	207	184	169	171	178	179	181	168	155	147
Other Operating Expenses / (Income)	2.80	2.40	3.10	3.70	3.70	3.90	3.50	0.80	0.30	-0.40	3.30
Other Special Charges / (Income)	0.10	3.10	0.10	-1.30	0.00	-14	0.00	0.10	0.20	-	0.00
Total Other Income / (Expense), net	-5.90	-4.10	-6.90	-10	-11	-11	-7.40	-12	-14	-11	-8.80
Interest Expense	6.20	5.50	8.90	13	12	11	11	15	14	13	11
Interest & Investment Income	1.20	1.80	2.40	2.50	1.20	0.50	4.20	3.10	0.70	1.30	2.40
Other Income / (Expense), net	-0.90	-0.40	-0.40	-0.30	-0.80	0.30	-0.40	0.00	0.00	0.20	-0.70
Income Tax Expense	28	41	55	61	30	29	45	47	27	25	33
Basic Earnings per Share	$3.39	$5.56	$6.71	$6.91	$3.49	$4.06	$3.67	$6.12	$2.76	$2.65	$4.00
Weighted Average Basic Shares Outstanding	35.50M	35.60M	35.60M	35.60M	35.60M	35.50M	35.50M	35.50M	35.50M	35.70M	35.40M
Diluted Earnings per Share	$3.37	$5.52	$6.68	$6.87	$3.47	$4.04	$3.65	$6.10	$2.75	$2.64	$3.99
Weighted Average Diluted Shares Outstanding	35.70M	35.80M	35.80M	35.80M	35.80M	35.70M	35.70M	35.60M	35.60M	35.80M	35.50M
Weighted Average Basic & Diluted Shares Outstanding	35.48M	35.58M	35.62M	35.63M	35.62M	35.59M	35.54M	35.51M	35.50M	35.47M	35.44M

This table details how cash moves in and out of Lennox International's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	353	10	25	-90	91	-11	-12	8.70	15	13
Net Cash From Operating Activities	946	736	302	516	612	396	496	325	374	354
Net Cash From Continuing Operating Activities	940	736	302	516	612	396	496	325	374	354
Net Income / (Loss) Continuing Operations	807	590	497	464	356	409	359	306	278	187
Consolidated Net Income / (Loss)	807	590	497	464	356	409	359	306	278	187
Depreciation Expense	95	86	78	72	73	71	66	65	58	63
Non-Cash Adjustments To Reconcile Net Income	37	86	31	39	43	68	60	34	68	89
Changes in Operating Assets and Liabilities, net	0.90	-26	-304	-60	140	-152	11	-79	-30	16
Net Cash From Investing Activities	-174	-320	-103	-106	-80	16	31	-98	-84	-70
Net Cash From Continuing Investing Activities	-174	-320	-103	-106	-80	16	31	-98	-84	-70
Purchase of Property, Plant & Equipment	-164	-250	-101	-107	-79	-106	-95	-98	-84	-70
Acquisitions	1.80	-95	0.00	0.00	-	-	-	-	-	-
Sale of Property, Plant & Equipment	2.50	2.10	1.60	0.90	1.00	1.30	0.10	0.20	0.20	0.10
Divestitures	-7.70	23	0.00	0.00	-	44	115	0.00	0.00	-
Sale and/or Maturity of Investments	-7.40	0.10	-3.50	-0.50	-	-	-	-	-	-
Net Cash From Financing Activities	-419	-406	-174	-499	-442	-423	-538	-218	-275	-271
Net Cash From Continuing Financing Activities	-419	-406	-174	-499	-442	-423	-538	-218	-275	-271
Repayment of Debt	-768	-2,797	-2,672	-918	-2,389	-2,265	-2,446	-2,588	-2,706	-1,893
Repurchase of Common Equity	-54	0.00	-300	-600	-100	-400	-450	-250	-300	0.00
Payment of Dividends	-160	-153	-142	-127	-118	-111	-94	-80	-69	-59
Issuance of Debt	581	2,561	2,945	1,163	2,181	2,372	2,476	2,722	2,832	1,711
Other Financing Activities, net	-17	-16	-4.70	-16	-15	-21	-24	-23	-31	-30
Other Net Changes in Cash	1.70	-	-	-	-	-	-	-	-	-
Cash Interest Paid	45	50	35	24	25	47	39	32	26	24
Cash Income Taxes Paid	232	198	77	129	90	83	90	119	127	83

This table details how cash moves in and out of Lennox International's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-201	175	192	-3.20	-11	-80	89	12	-11	12	-16
Net Cash From Operating Activities	-36	332	452	184	-23	306	313	196	-79	132	171
Net Cash From Continuing Operating Activities	-36	327	452	184	-23	306	313	196	-79	132	171
Net Income / (Loss) Continuing Operations	120	198	239	246	124	145	130	217	98	94	142
Consolidated Net Income / (Loss)	120	198	239	246	124	145	130	217	98	94	142
Depreciation Expense	26	26	20	25	24	24	22	21	20	22	18
Non-Cash Adjustments To Reconcile Net Income	7.50	14	9.70	6.10	7.20	1.90	70	6.20	7.80	8.80	7.40
Changes in Operating Assets and Liabilities, net	-189	89	183	-93	-178	136	91	-49	-204	7.30	3.20
Net Cash From Investing Activities	-24	-66	-51	-27	-31	-195	-42	-49	-34	-35	-22
Net Cash From Continuing Investing Activities	-24	-66	-51	-27	-31	-195	-42	-49	-34	-35	-22
Purchase of Property, Plant & Equipment	-26	-60	-41	-33	-30	-125	-40	-50	-35	-34	-20
Acquisitions	0.00	-	-	-	1.80	-95	-	-	0.00	-	-
Sale of Property, Plant & Equipment	0.50	0.60	0.80	0.60	0.50	0.50	0.10	1.20	0.30	0.40	0.70
Sale and/or Maturity of Investments	1.50	5.10	-11	1.50	-3.50	1.20	-2.60	0.10	1.40	-	-
Net Cash From Financing Activities	-141	-91	-209	-161	42	-191	-182	-135	101	-85	-165
Net Cash From Continuing Financing Activities	-141	-91	-209	-161	42	-191	-182	-135	101	-85	-165
Repayment of Debt	-5.00	-4.10	-201	-349	-215	-502	-1,156	-669	-471	-678	-897
Repurchase of Common Equity	-85	-41	-	-	-	-	-	-	-	-	-
Payment of Dividends	-41	-41	-41	-39	-39	-	-78	-38	-38	-	-75
Issuance of Debt	0.00	-	50	227	304	324	1,056	572	611	595	808
Issuance of Common Equity	1.20	-	1.30	0.90	1.10	-	1.00	1.00	0.90	-	0.90
Other Financing Activities, net	-11	-2.10	-5.90	-1.00	-8.10	-9.30	-3.90	-1.20	-2.00	0.80	-0.40
Cash Interest Paid	19	0.50	19	3.80	22	8.20	15	14	13	12	9.00
Cash Income Taxes Paid	5.10	86	85	56	4.00	47	63	54	34	1.80	43

This table presents Lennox International's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	3,472	2,798	2,568	2,172	2,033	2,035	1,817	1,892	1,760	1,677
Total Current Assets	1,884	1,434	1,497	1,175	1,088	1,121	1,089	68	1,006	938
Cash & Equivalents	415	61	53	31	124	37	46	68	50	39
Short-Term Investments	7.20	8.40	8.50	5.50	5.10	2.90	0.00	-	-	-
Accounts Receivable	661	595	609	508	448	478	473	-	470	423
Inventories, net	705	699	753	511	439	544	510	-	419	419
Other Current Assets	96	71	74	120	71	59	61	-	67	58
Plant, Property, & Equipment, net	800	720	549	515	464	445	408	398	361	340
Total Noncurrent Assets	788	644	522	481	481	469	320	201	393	400
Goodwill	220	222	186	187	187	187	187	201	195	195
Noncurrent Deferred & Refundable Income Taxes	75	52	28	11	13	22	67	-	137	146
Other Noncurrent Operating Assets	492	371	308	284	281	261	66	-	61	59
Total Liabilities & Shareholders' Equity	3,472	2,798	2,568	2,172	2,033	2,035	1,817	-157	1,760	1,677
Total Liabilities	2,622	2,513	2,771	2,441	2,050	2,205	1,967	0.00	1,722	1,576
Total Current Liabilities	1,313	1,015	1,596	827	701	1,003	1,009	0.00	889	824
Short-Term Debt	315	162	711	11	9.90	322	301	-	253	235
Accounts Payable	490	375	427	402	340	372	433	-	361	320
Accrued Expenses	435	416	377	359	296	256	272	-	266	243
Current Deferred & Payable Income Tax Liabilities	0.00	4.20	18	0.00	-	-	2.10	-	9.00	26
Other Current Liabilities	73	58	63	55	55	53	0.00	-	-	-
Total Noncurrent Liabilities	1,308	1,498	1,175	1,614	1,348	1,202	958	0.00	834	752
Long-Term Debt	833	1,143	814	1,227	971	849	741	-	616	506
Noncurrent Employee Benefit Liabilities	19	23	40	83	93	87	83	-	90	125
Other Noncurrent Operating Liabilities	456	333	321	304	285	266	135	-	128	121
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Total Equity & Noncontrolling Interests	850	285	-203	-269	-17	-170	-150	-157	38	102
Total Preferred & Common Equity	850	285	-203	-269	-17	-170	-150	50	38	101
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Total Common Equity	850	285	-203	-269	-17	-170	-150	-157	38	101
Common Stock	1,214	1,186	1,156	1,135	1,114	1,094	1,080	-	1,047	1,003
Retained Earnings	4,151	3,506	3,071	2,719	2,386	2,149	1,855	-	1,353	1,147
Treasury Stock	-4,421	-4,350	-4,339	-4,035	-3,420	-3,310	-2,896	-	-2,167	-1,844
Accumulated Other Comprehensive Income / (Loss)	-94	-57	-91	-88	-97	-104	-189	-157	-195	-205

This table presents Lennox International's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	3,455	3,313	3,222	2,985	2,890	2,981	2,770	2,626
Total Current Assets	1,855	1,831	1,765	1,565	1,742	1,827	1,672	1,594
Cash & Equivalents	217	243	48	46	132	51	40	41
Short-Term Investments	5.70	13	10	12	9.60	7.20	7.10	7.50
Accounts Receivable	652	817	859	616	695	844	643	708
Inventories, net	902	689	776	823	748	856	904	743
Other Current Assets	78	70	73	68	65	69	78	94
Plant, Property, & Equipment, net	810	755	741	759	602	609	567	520
Total Noncurrent Assets	790	727	716	662	546	546	532	511
Goodwill	220	220	220	220	182	186	186	186
Noncurrent Deferred & Refundable Income Taxes	77	71	63	60	50	46	34	34
Other Noncurrent Operating Assets	494	436	433	382	314	313	311	291
Total Liabilities & Shareholders' Equity	3,455	3,313	3,222	2,985	2,890	2,981	2,770	2,626
Total Liabilities	2,603	2,559	2,645	2,617	2,731	2,919	2,896	2,931
Total Current Liabilities	1,295	1,316	1,105	1,097	1,255	1,742	1,526	932
Short-Term Debt	315	313	161	273	362	761	658	11
Accounts Payable	577	478	451	438	346	470	445	431
Accrued Expenses	326	445	393	302	409	426	342	410
Other Current Liabilities	77	68	67	57	60	63	64	61
Total Noncurrent Liabilities	1,308	1,243	1,540	1,519	1,476	1,177	1,370	1,999
Long-Term Debt	834	828	1,127	1,154	1,122	818	1,010	1,593
Noncurrent Employee Benefit Liabilities	20	16	18	18	34	40	40	87
Other Noncurrent Operating Liabilities	454	399	395	348	320	320	320	319
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	853	754	577	369	160	63	-126	-305
Total Preferred & Common Equity	853	754	577	369	160	63	-126	-305
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	853	754	577	369	160	63	-126	-305
Common Stock	1,220	1,206	1,199	1,192	1,180	1,170	1,162	1,151
Retained Earnings	4,230	3,994	3,796	3,591	3,400	3,309	3,131	3,014
Treasury Stock	-4,517	-4,375	-4,357	-4,356	-4,344	-4,341	-4,340	-4,338
Accumulated Other Comprehensive Income / (Loss)	-81	-71	-61	-58	-77	-76	-79	-133

This table displays calculated financial ratios and metrics derived from Lennox International's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.21%	5.58%	12.50%	15.41%	-4.55%	-1.97%	1.15%	5.44%	5.02%	2.97%
EBITDA Growth	28.77%	19.64%	11.16%	23.89%	-26.73%	26.74%	5.88%	15.21%	27.21%	-6.72%
EBIT Growth	30.75%	20.74%	11.60%	27.71%	-29.87%	29.21%	6.38%	15.78%	34.32%	-8.54%
NOPAT Growth	32.90%	19.35%	8.32%	31.53%	-29.68%	34.66%	24.61%	10.82%	40.55%	-7.75%
Net Income Growth	36.74%	18.71%	7.13%	30.23%	-12.82%	13.84%	17.44%	10.04%	48.87%	-9.33%
EPS Growth	36.28%	19.16%	12.03%	34.09%	-10.98%	18.76%	22.41%	12.97%	54.52%	-3.31%
Operating Cash Flow Growth	28.46%	143.53%	-41.36%	-15.82%	54.61%	-20.06%	52.41%	-13.05%	5.74%	91.34%
Free Cash Flow Firm Growth	111.66%	84.39%	-48.52%	-21.45%	20.50%	183.99%	-74.59%	146.75%	-21.47%	73.57%
Invested Capital Growth	3.56%	20.69%	35.21%	11.72%	-13.15%	13.65%	41.30%	-30.11%	6.49%	-10.40%
Revenue Q/Q Growth	3.69%	1.24%	2.81%	1.22%	0.81%	1.10%	-1.23%	-0.14%	1.76%	0.62%
EBITDA Q/Q Growth	5.66%	6.82%	4.84%	-4.06%	-19.96%	23.19%	4.80%	7.49%	7.19%	-12.81%
EBIT Q/Q Growth	6.05%	7.28%	5.01%	-4.84%	-22.31%	26.03%	5.43%	8.15%	8.72%	-15.18%
NOPAT Q/Q Growth	6.15%	8.63%	2.16%	-3.87%	-21.31%	30.38%	13.56%	0.64%	7.63%	-14.79%
Net Income Q/Q Growth	7.06%	9.28%	2.24%	-5.73%	-0.64%	10.40%	9.89%	0.89%	11.79%	-15.18%
EPS Q/Q Growth	7.03%	9.25%	2.74%	-4.77%	-0.22%	11.49%	10.49%	1.28%	12.06%	-14.97%
Operating Cash Flow Q/Q Growth	2.84%	30.97%	4.49%	-8.36%	-14.68%	1.90%	15.93%	-13.54%	0.08%	31.84%
Free Cash Flow Firm Q/Q Growth	24.59%	4.60%	20.95%	-12.75%	-34.38%	51.28%	-67.56%	129.59%	9.35%	-3.59%
Invested Capital Q/Q Growth	-3.85%	2.94%	0.76%	3.69%	-0.51%	-14.62%	-14.86%	-45.41%	-17.08%	-18.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.17%	31.07%	27.23%	28.34%	28.62%	28.36%	28.61%	29.31%	29.56%	27.32%
EBITDA Margin	21.12%	17.58%	15.52%	15.71%	14.63%	19.06%	14.74%	14.08%	12.89%	10.64%
Operating Margin	19.37%	15.86%	13.91%	14.07%	12.75%	17.25%	13.13%	12.40%	11.29%	8.81%
EBIT Margin	19.34%	15.86%	13.87%	13.98%	12.63%	17.19%	13.04%	12.40%	11.29%	8.83%
Profit (Net Income) Margin	15.11%	11.84%	10.54%	11.06%	9.80%	10.73%	9.24%	7.96%	7.63%	5.38%
Tax Burden Percent	81.19%	80.01%	80.72%	82.84%	80.03%	80.47%	76.73%	65.88%	68.98%	66.03%
Interest Burden Percent	96.21%	93.35%	94.12%	95.53%	96.97%	77.59%	92.36%	97.44%	97.91%	92.29%
Effective Tax Rate	18.81%	19.99%	19.28%	17.16%	19.79%	19.51%	23.00%	33.81%	30.82%	33.76%
Return on Invested Capital (ROIC)	54.26%	45.45%	48.31%	55.36%	41.42%	58.55%	54.39%	43.33%	34.26%	23.79%
ROIC Less NNEP Spread (ROIC-NNEP)	50.87%	42.33%	45.86%	52.92%	39.86%	47.25%	50.55%	42.14%	33.40%	21.81%
Return on Net Nonoperating Assets (RNNOA)	87.86%	1,390.32%	-258.90%	-379.72%	-421.88%	-314.14%	-288.27%	-555.40%	363.73%	313.64%
Return on Equity (ROE)	142.12%	1,435.77%	-210.59%	-324.36%	-380.46%	-255.60%	-233.88%	-512.06%	397.99%	337.43%
Cash Return on Invested Capital (CROIC)	50.77%	26.70%	18.37%	44.29%	55.49%	45.77%	20.16%	78.77%	27.97%	34.76%
Operating Return on Assets (OROA)	32.95%	29.45%	27.61%	27.89%	22.57%	33.99%	27.32%	26.08%	23.93%	17.79%
Return on Assets (ROA)	25.74%	21.99%	20.98%	22.07%	17.52%	21.22%	19.36%	16.74%	16.16%	10.84%
Return on Common Equity (ROCE)	142.12%	1,435.77%	-210.59%	-324.36%	-380.46%	-255.60%	-233.88%	-513.78%	395.71%	334.38%
Return on Equity Simple (ROE_SIMPLE)	94.91%	206.83%	-244.76%	-172.49%	-2,083.63%	-240.13%	-239.97%	610.18%	738.83%	184.39%
Net Operating Profit after Tax (NOPAT)	840	632	530	489	372	529	393	315	284	202
NOPAT Margin	15.73%	12.69%	11.23%	11.66%	10.23%	13.89%	10.11%	8.21%	7.81%	5.83%
Net Nonoperating Expense Percent (NNEP)	3.39%	3.12%	2.45%	2.44%	1.56%	11.29%	3.84%	1.20%	0.86%	1.97%
Return On Investment Capital (ROIC_SIMPLE)	42.06%	39.75%	40.08%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	66.83%	68.93%	72.77%	71.67%	71.38%	71.64%	71.39%	70.69%	70.44%	72.68%
SG&A Expenses to Revenue	13.68%	14.16%	13.29%	14.28%	15.30%	15.39%	15.66%	16.61%	17.05%	16.74%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.96%	15.40%	13.43%	14.54%	15.87%	8.85%	16.08%	16.91%	18.27%	18.52%
Earnings before Interest and Taxes (EBIT)	1,033	790	654	586	459	655	507	476	411	306
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,128	876	732	659	532	726	573	541	469	369
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	25.53	55.29	0.00	0.00	0.00	0.00	0.00	0.00	159.73	50.08
Price to Tangible Book Value (P/TBV)	34.44	249.61	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.06	3.17	1.76	2.73	2.76	2.33	2.11	2.09	1.65	1.46
Price to Earnings (P/E)	26.90	26.73	16.69	24.70	28.12	14.59	23.58	26.20	21.62	27.16
Dividend Yield	0.75%	0.98%	1.75%	1.13%	1.18%	1.28%	1.19%	1.02%	1.18%	1.23%
Earnings Yield	3.72%	3.74%	5.99%	4.05%	3.56%	6.85%	4.24%	3.82%	4.63%	3.68%
Enterprise Value to Invested Capital (EV/IC)	14.24	11.18	7.74	13.58	13.02	10.40	10.89	13.27	7.97	7.18
Enterprise Value to Revenue (EV/Rev)	4.20	3.41	2.07	3.02	2.99	2.62	2.37	2.07	1.87	1.66
Enterprise Value to EBITDA (EV/EBITDA)	19.89	19.42	13.33	19.22	20.44	13.77	16.08	14.68	14.54	15.64
Enterprise Value to EBIT (EV/EBIT)	21.72	21.53	14.92	21.60	23.68	15.26	18.18	16.68	16.59	18.85
Enterprise Value to NOPAT (EV/NOPAT)	26.70	26.91	18.43	25.89	29.24	18.89	23.45	25.20	24.00	28.52
Enterprise Value to Operating Cash Flow (EV/OCF)	23.72	23.11	32.29	24.56	17.75	25.22	18.58	24.43	18.25	16.32
Enterprise Value to Free Cash Flow (EV/FCFF)	28.53	45.80	48.47	32.37	21.82	24.17	63.26	13.86	29.40	19.52
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.35	4.57	-7.51	-4.60	-57.35	-6.88	-6.96	0.00	22.85	7.29
Long-Term Debt to Equity	0.98	4.01	-4.01	-4.56	-56.77	-4.99	-4.95	0.00	16.20	4.98
Financial Leverage	1.73	32.84	-5.65	-7.18	-10.59	-6.65	-5.70	-13.18	10.89	14.38
Leverage Ratio	5.52	65.28	-10.04	-14.70	-21.72	-12.05	-12.08	-30.58	24.63	31.12
Compound Leverage Factor	5.31	60.94	-9.45	-14.04	-21.06	-9.35	-11.16	-29.80	24.11	28.72
Debt to Total Capital	57.44%	82.06%	115.37%	127.77%	101.77%	117.00%	116.78%	0.00%	95.81%	87.94%
Short-Term Debt to Total Capital	15.74%	10.19%	53.76%	1.17%	1.03%	32.16%	33.73%	0.00%	27.86%	27.90%
Long-Term Debt to Total Capital	41.70%	71.87%	61.60%	126.60%	100.75%	84.85%	83.04%	0.00%	67.94%	60.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.05%
Common Equity to Total Capital	42.56%	17.94%	-15.37%	-27.77%	-1.77%	-17.00%	-16.78%	100.00%	4.15%	12.01%
Debt to EBITDA	1.02	1.49	2.08	1.88	1.84	1.61	1.82	0.00	1.85	2.01
Net Debt to EBITDA	0.64	1.41	2.00	1.82	1.60	1.56	1.74	0.00	1.74	1.90
Long-Term Debt to EBITDA	0.74	1.30	1.11	1.86	1.83	1.17	1.29	0.00	1.31	1.37
Debt to NOPAT	1.37	2.06	2.88	2.53	2.64	2.22	2.65	0.00	3.05	3.66
Net Debt to NOPAT	0.86	1.96	2.76	2.46	2.29	2.14	2.53	0.00	2.88	3.47
Long-Term Debt to NOPAT	0.99	1.81	1.54	2.51	2.61	1.61	1.89	0.00	2.17	2.50
Altman Z-Score	9.36	8.41	6.10	7.58	7.34	6.89	7.05	0.00	6.09	5.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.34%	0.57%	0.90%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.43	1.41	0.94	1.42	1.55	1.12	1.08	0.00	1.13	1.14
Quick Ratio	0.82	0.65	0.42	0.66	0.82	0.52	0.51	0.00	0.59	0.56
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	786	371	201	391	498	413	146	573	232	296
Operating Cash Flow to CapEx	587.03%	296.74%	303.82%	486.78%	790.19%	379.77%	521.03%	331.40%	444.59%	506.59%
Free Cash Flow to Firm to Interest Expense	20.31	7.18	5.23	15.65	17.60	8.70	3.80	18.72	8.60	12.53
Operating Cash Flow to Interest Expense	24.44	14.24	7.85	20.62	21.64	8.34	12.94	10.62	13.85	14.98
Operating Cash Flow Less CapEx to Interest Expense	20.27	9.44	5.27	16.38	18.90	6.14	10.45	7.42	10.73	12.03
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.70	1.86	1.99	2.00	1.79	1.98	2.09	2.10	2.12	2.01
Accounts Receivable Turnover	8.51	8.28	8.45	8.77	7.85	8.01	0.00	0.00	8.16	8.21
Inventory Turnover	5.09	4.73	5.43	6.33	5.28	5.18	0.00	0.00	6.13	5.71
Fixed Asset Turnover	7.03	7.85	8.87	8.56	7.99	8.92	9.64	10.11	10.39	9.93
Accounts Payable Turnover	8.26	8.56	8.28	8.10	7.28	6.77	0.00	0.00	7.53	7.82
Days Sales Outstanding (DSO)	42.90	44.07	43.20	41.63	46.51	45.56	0.00	0.00	44.73	44.43
Days Inventory Outstanding (DIO)	71.78	77.17	67.18	57.70	69.19	70.52	0.00	0.00	59.57	63.88
Days Payable Outstanding (DPO)	44.21	42.62	44.08	45.08	50.14	53.91	0.00	0.00	48.47	46.67
Cash Conversion Cycle (CCC)	70.47	78.62	66.29	54.25	65.56	62.17	0.00	0.00	55.83	61.65
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,576	1,521	1,261	932	835	961	845	598	856	804
Invested Capital Turnover	3.45	3.58	4.30	4.75	4.05	4.22	5.38	5.28	4.39	4.08
Increase / (Decrease) in Invested Capital	54	261	328	98	-126	115	247	-258	52	-93
Enterprise Value (EV)	22,431	17,011	9,763	12,663	10,869	9,990	9,208	7,941	6,824	5,771
Market Capitalization	21,705	15,775	8,299	11,462	10,018	8,859	8,213	8,009	6,006	5,068
Book Value per Share	$23.87	$8.03	($5.73)	($7.35)	($0.45)	($4.42)	($3.71)	($3.77)	$0.87	$2.25
Tangible Book Value per Share	$17.69	$1.78	($10.99)	($12.45)	($5.33)	($9.26)	($8.35)	($8.57)	($3.66)	($2.08)
Total Capital	1,998	1,591	1,322	969	964	1,001	892	-157	906	843
Total Debt	1,148	1,305	1,525	1,238	981	1,171	1,041	0.00	868	741
Total Long-Term Debt	833	1,143	814	1,227	971	849	741	0.00	616	506
Net Debt	725	1,236	1,464	1,201	852	1,131	995	-68	818	702
Capital Expenditures (CapEx)	161	248	100	106	78	104	95	98	84	70
Debt-free, Cash-free Net Working Capital (DFCFNWC)	463	512	550	323	267	400	335	0.00	320	311
Debt-free Net Working Capital (DFNWC)	885	581	611	360	396	440	382	68	370	350
Net Working Capital (NWC)	571	419	-99	348	386	118	81	68	117	114
Net Nonoperating Expense (NNE)	33	42	33	25	15	120	34	9.41	6.54	16
Net Nonoperating Obligations (NNO)	725	1,236	1,464	1,201	852	1,131	995	756	818	702
Total Depreciation and Amortization (D&A)	95	86	78	72	73	71	66	65	58	63
Debt-free, Cash-free Net Working Capital to Revenue	8.67%	10.28%	11.66%	7.70%	7.35%	10.50%	8.64%	0.00%	8.78%	8.96%
Debt-free Net Working Capital to Revenue	16.58%	11.66%	12.96%	8.57%	10.90%	11.56%	9.83%	1.78%	10.15%	10.08%
Net Working Capital to Revenue	10.69%	8.41%	-2.10%	8.30%	10.63%	3.10%	2.08%	1.78%	3.22%	3.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$22.67	$16.61	$13.92	$12.47	$9.30	$10.49	$8.84	$7.25	$6.39	$4.16
Adjusted Weighted Average Basic Shares Outstanding	35.60M	35.50M	35.70M	37.20M	38.30M	39M	40.60M	42.20M	43.40M	44.90M
Adjusted Diluted Earnings per Share	$22.54	$16.54	$13.88	$12.39	$9.24	$10.38	$8.74	$7.14	$6.32	$4.09
Adjusted Weighted Average Diluted Shares Outstanding	35.80M	35.70M	35.80M	37.50M	38.60M	39.40M	41.10M	42.80M	44M	45.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.58M	35.59M	35.47M	36.64M	37.73M	38.60M	39.87M	41.18M	42.98M	44.70M
Normalized Net Operating Profit after Tax (NOPAT)	842	675	531	491	382	322	395	318	307	238
Normalized NOPAT Margin	15.76%	13.54%	11.25%	11.70%	10.52%	8.45%	10.17%	8.28%	8.44%	6.85%
Pre Tax Income Margin	18.61%	14.80%	13.05%	13.35%	12.25%	13.34%	12.05%	12.08%	11.06%	8.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.69	15.28	16.99	23.45	16.22	13.78	13.23	15.56	15.23	12.97
NOPAT to Interest Expense	21.71	12.23	13.76	19.56	13.14	11.13	10.25	10.30	10.53	8.57
EBIT Less CapEx to Interest Expense	22.53	10.48	14.41	19.22	13.48	11.59	10.74	12.36	12.12	10.02
NOPAT Less CapEx to Interest Expense	17.55	7.43	11.17	15.32	10.40	8.94	7.77	7.09	7.42	5.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.87%	26.00%	28.57%	27.26%	33.15%	27.04%	26.16%	26.07%	24.84%	31.78%
Augmented Payout Ratio	26.51%	26.00%	88.92%	156.57%	61.21%	124.91%	151.56%	107.85%	132.83%	31.78%

This table displays calculated financial ratios and metrics derived from Lennox International's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.44%	16.47%	9.65%	2.81%	-0.22%	5.58%	9.75%	3.30%	3.55%	13.38%	17.45%
EBITDA Growth	-5.11%	28.86%	55.51%	15.12%	19.42%	36.44%	2.16%	22.23%	22.29%	28.26%	13.50%
EBIT Growth	-6.81%	31.79%	62.50%	14.71%	19.00%	40.70%	0.70%	23.25%	25.34%	31.04%	14.54%
NOPAT Growth	-6.19%	31.48%	77.40%	11.65%	23.04%	48.32%	-7.93%	24.11%	21.85%	11.32%	13.75%
Net Income Growth	-3.22%	36.82%	83.28%	13.21%	26.84%	53.07%	-8.10%	22.57%	17.22%	13.05%	12.35%
EPS Growth	-2.88%	36.63%	83.01%	12.62%	26.18%	53.03%	-8.52%	22.98%	20.09%	16.30%	17.01%
Operating Cash Flow Growth	-57.02%	8.52%	44.35%	-5.88%	71.07%	131.69%	83.27%	101.34%	19.51%	10.91%	-22.95%
Free Cash Flow Firm Growth	177.74%	239.13%	197.93%	125.79%	51.41%	52.45%	56.28%	-101.49%	-125.59%	-4,901.17%	-377.45%
Invested Capital Growth	2.39%	3.56%	10.87%	14.18%	16.28%	20.69%	18.14%	28.77%	28.69%	35.21%	39.15%
Revenue Q/Q Growth	-20.25%	-10.22%	3.24%	38.58%	-9.33%	-15.48%	-3.20%	34.50%	-4.06%	-12.14%	-8.89%
EBITDA Q/Q Growth	-33.15%	-16.58%	-6.29%	81.58%	-9.09%	0.67%	-30.63%	88.37%	3.72%	-24.62%	-17.01%
EBIT Q/Q Growth	-36.65%	-19.38%	-5.28%	92.65%	-10.27%	-0.59%	-33.14%	99.86%	5.92%	-28.85%	-18.17%
NOPAT Q/Q Growth	-37.74%	-17.86%	-3.80%	90.69%	-12.73%	10.82%	-39.46%	110.14%	5.20%	-31.21%	-18.39%
Net Income Q/Q Growth	-39.15%	-17.28%	-2.81%	97.83%	-13.98%	10.81%	-39.96%	121.63%	3.81%	-33.47%	-19.92%
EPS Q/Q Growth	-38.95%	-17.37%	-2.77%	97.98%	-14.11%	10.68%	-40.16%	121.82%	4.17%	-33.83%	-19.56%
Operating Cash Flow Q/Q Growth	-110.77%	-26.48%	145.71%	907.02%	-107.44%	-2.20%	60.20%	348.10%	-159.61%	-22.64%	76.00%
Free Cash Flow Firm Q/Q Growth	-43.07%	72.57%	168.95%	129.42%	-1.89%	-21.46%	29.18%	44.57%	0.27%	-11.65%	-226.45%
Invested Capital Q/Q Growth	12.92%	-3.85%	-9.34%	4.03%	14.20%	2.94%	-6.63%	5.94%	18.53%	0.76%	1.77%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.63%	33.85%	32.60%	33.64%	32.47%	30.73%	31.36%	32.44%	29.22%	26.07%	26.85%
EBITDA Margin	16.81%	20.05%	21.58%	23.78%	18.15%	18.12%	15.22%	21.23%	15.16%	14.02%	16.35%
Operating Margin	14.51%	18.19%	20.25%	22.06%	15.93%	16.02%	13.67%	19.75%	13.29%	12.02%	14.92%
EBIT Margin	14.42%	18.16%	20.22%	22.04%	15.85%	16.05%	13.64%	19.75%	13.29%	12.04%	14.87%
Profit (Net Income) Margin	11.22%	14.70%	15.95%	16.95%	11.87%	12.51%	9.54%	15.39%	9.34%	8.63%	11.40%
Tax Burden Percent	81.06%	82.82%	81.32%	80.10%	80.61%	83.29%	74.43%	82.37%	78.34%	79.00%	81.27%
Interest Burden Percent	95.93%	97.75%	97.03%	96.00%	92.89%	93.63%	93.99%	94.58%	89.68%	90.74%	94.33%
Effective Tax Rate	18.94%	17.18%	18.68%	19.90%	19.39%	16.71%	25.57%	17.63%	21.66%	21.00%	18.73%
Return on Invested Capital (ROIC)	35.90%	51.96%	54.42%	52.32%	39.57%	47.79%	36.70%	55.53%	37.29%	40.87%	51.78%
ROIC Less NNEP Spread (ROIC-NNEP)	35.39%	51.46%	53.73%	51.55%	38.89%	47.08%	36.10%	54.74%	36.58%	40.16%	51.13%
Return on Net Nonoperating Assets (RNNOA)	66.50%	88.89%	129.58%	221.55%	478.56%	1,546.20%	-712.21%	-509.30%	-217.79%	-226.69%	-222.89%
Return on Equity (ROE)	102.40%	140.84%	184.00%	273.86%	518.13%	1,593.98%	-675.52%	-453.76%	-180.50%	-185.82%	-171.11%
Cash Return on Invested Capital (CROIC)	44.95%	50.77%	40.49%	27.11%	25.62%	26.70%	26.02%	17.09%	16.29%	18.37%	15.49%
Operating Return on Assets (OROA)	24.04%	30.93%	33.58%	35.66%	27.43%	29.80%	24.34%	33.62%	24.18%	23.97%	28.74%
Return on Assets (ROA)	18.69%	25.04%	26.50%	27.42%	20.54%	23.24%	17.03%	26.19%	16.99%	17.18%	22.03%
Return on Common Equity (ROCE)	102.40%	140.84%	184.00%	273.86%	518.13%	1,593.98%	-675.52%	-453.76%	-180.50%	-185.82%	-171.11%
Return on Equity Simple (ROE_SIMPLE)	94.18%	0.00%	99.96%	111.73%	167.14%	0.00%	338.56%	880.99%	-406.27%	0.00%	-159.31%
Net Operating Profit after Tax (NOPAT)	126	203	247	256	134	154	139	230	109	104	151
NOPAT Margin	11.76%	15.06%	16.46%	17.67%	12.84%	13.34%	10.18%	16.27%	10.41%	9.50%	12.13%
Net Nonoperating Expense Percent (NNEP)	0.51%	0.50%	0.69%	0.76%	0.68%	0.71%	0.60%	0.79%	0.71%	0.71%	0.65%
Return On Investment Capital (ROIC_SIMPLE)	6.30%	10.14%	-	-	-	9.69%	-	-	-	7.86%	-
Cost of Revenue to Revenue	69.37%	66.15%	67.40%	66.36%	67.53%	69.27%	68.64%	67.56%	70.78%	73.93%	73.15%
SG&A Expenses to Revenue	15.97%	15.39%	12.31%	11.61%	16.30%	15.40%	13.09%	12.85%	15.96%	14.17%	11.83%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.24%	15.80%	12.52%	11.78%	16.66%	14.80%	18.00%	12.91%	16.01%	14.14%	12.11%
Earnings before Interest and Taxes (EBIT)	155	244	303	320	166	185	186	279	140	132	185
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	180	270	323	345	190	209	208	300	159	153	204
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	23.41	25.53	28.56	33.01	47.00	55.29	82.65	183.11	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	31.55	34.44	40.32	53.31	116.41	249.61	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.72	4.06	4.18	3.80	3.48	3.17	2.68	2.39	1.85	1.76	1.68
Price to Earnings (P/E)	24.85	26.90	28.57	29.54	28.12	26.73	24.41	20.79	17.20	16.69	15.87
Dividend Yield	0.81%	0.75%	0.74%	0.83%	0.90%	0.98%	1.16%	1.33%	1.71%	1.75%	2.24%
Earnings Yield	4.02%	3.72%	3.50%	3.38%	3.56%	3.74%	4.10%	4.81%	5.81%	5.99%	6.30%
Enterprise Value to Invested Capital (EV/IC)	11.74	14.24	13.68	11.23	10.76	11.18	9.83	8.20	6.97	7.74	7.41
Enterprise Value to Revenue (EV/Rev)	3.89	4.20	4.35	4.04	3.76	3.41	2.95	2.71	2.19	2.07	2.02
Enterprise Value to EBITDA (EV/EBITDA)	18.67	19.89	21.00	21.31	20.62	19.42	17.71	15.92	13.68	13.33	13.28
Enterprise Value to EBIT (EV/EBIT)	20.44	21.72	23.02	23.66	22.91	21.53	19.72	17.66	15.26	14.92	14.88
Enterprise Value to NOPAT (EV/NOPAT)	25.10	26.70	28.32	29.66	28.46	26.91	24.96	21.86	18.96	18.43	17.89
Enterprise Value to Operating Cash Flow (EV/OCF)	22.39	23.72	24.38	25.99	23.61	23.11	25.84	30.93	32.41	32.29	32.06
Enterprise Value to Free Cash Flow (EV/FCFF)	26.42	28.53	35.53	44.15	45.17	45.80	40.91	54.02	48.15	48.47	55.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.35	1.35	1.51	2.23	3.87	4.57	9.30	25.22	-13.25	-7.51	-5.26
Long-Term Debt to Equity	0.98	0.98	1.10	1.95	3.13	4.01	7.03	13.06	-8.02	-4.01	-5.22
Financial Leverage	1.88	1.73	2.41	4.30	12.30	32.84	-19.73	-9.30	-5.95	-5.65	-4.36
Leverage Ratio	5.27	5.52	6.79	9.69	23.70	65.28	-37.86	-16.65	-9.75	-10.04	-7.42
Compound Leverage Factor	5.06	5.40	6.59	9.30	22.01	61.12	-35.58	-15.75	-8.74	-9.11	-7.00
Debt to Total Capital	57.42%	57.44%	60.20%	69.04%	79.45%	82.06%	90.29%	96.19%	108.17%	115.37%	123.49%
Short-Term Debt to Total Capital	15.75%	15.74%	16.51%	8.63%	15.18%	10.19%	22.01%	46.38%	42.65%	53.76%	0.85%
Long-Term Debt to Total Capital	41.67%	41.70%	43.69%	60.41%	64.27%	71.87%	68.28%	49.81%	65.52%	61.60%	122.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	42.58%	42.56%	39.80%	30.96%	20.55%	17.94%	9.71%	3.81%	-8.17%	-15.37%	-23.49%
Debt to EBITDA	1.03	1.02	1.07	1.35	1.57	1.49	1.81	1.94	2.19	2.08	2.30
Net Debt to EBITDA	0.83	0.64	0.83	1.29	1.51	1.41	1.64	1.86	2.13	2.00	2.23
Long-Term Debt to EBITDA	0.75	0.74	0.78	1.18	1.27	1.30	1.37	1.00	1.33	1.11	2.28
Debt to NOPAT	1.38	1.37	1.44	1.88	2.17	2.06	2.55	2.66	3.04	2.88	3.09
Net Debt to NOPAT	1.11	0.86	1.12	1.80	2.08	1.96	2.31	2.56	2.95	2.76	3.00
Long-Term Debt to NOPAT	1.00	0.99	1.05	1.65	1.76	1.81	1.93	1.38	1.84	1.54	3.07
Altman Z-Score	8.21	8.61	8.78	8.11	7.70	7.70	6.66	5.86	5.35	5.43	5.47
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.43	1.43	1.39	1.60	1.43	1.41	1.39	1.05	1.10	0.94	1.71
Quick Ratio	0.68	0.82	0.81	0.83	0.61	0.65	0.67	0.52	0.45	0.42	0.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	85	148	86	32	-109	-107	-88	-124	-224	-224	-201
Operating Cash Flow to CapEx	-143.20%	557.72%	1,119.06%	573.21%	-78.62%	245.63%	790.91%	401.44%	-224.50%	392.28%	871.94%
Free Cash Flow to Firm to Interest Expense	13.63	27.00	9.67	2.56	-9.22	-9.44	-7.85	-8.27	-15.76	-17.95	-19.14
Operating Cash Flow to Interest Expense	-5.77	60.44	50.80	14.72	-1.93	27.11	27.96	13.03	-5.55	10.58	16.28
Operating Cash Flow Less CapEx to Interest Expense	-9.81	49.60	46.26	12.15	-4.39	16.07	24.43	9.79	-8.02	7.88	14.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.67	1.70	1.66	1.62	1.73	1.86	1.78	1.70	1.82	1.99	1.93
Accounts Receivable Turnover	8.47	8.51	6.82	5.90	7.91	8.28	7.01	5.90	7.63	8.45	7.12
Inventory Turnover	4.18	5.09	4.84	4.18	3.93	4.73	4.62	4.41	4.34	5.43	5.54
Fixed Asset Turnover	6.84	7.03	7.59	7.44	7.51	7.85	8.77	8.51	8.76	8.87	9.17
Accounts Payable Turnover	7.11	8.26	8.45	7.40	7.70	8.56	8.87	7.15	7.61	8.28	8.02
Days Sales Outstanding (DSO)	43.11	42.90	53.54	61.89	46.12	44.07	52.04	61.84	47.81	43.20	51.26
Days Inventory Outstanding (DIO)	87.33	71.78	75.37	87.42	92.77	77.17	79.05	82.75	84.19	67.18	65.88
Days Payable Outstanding (DPO)	51.33	44.21	43.18	49.32	47.41	42.62	41.15	51.06	47.99	44.08	45.52
Cash Conversion Cycle (CCC)	79.10	70.47	85.74	99.99	91.49	78.62	89.94	93.53	84.01	66.29	71.62
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,779	1,576	1,639	1,807	1,737	1,521	1,478	1,583	1,494	1,261	1,251
Invested Capital Turnover	3.05	3.45	3.31	2.96	3.08	3.58	3.61	3.41	3.58	4.30	4.27
Increase / (Decrease) in Invested Capital	42	54	161	224	243	261	227	354	333	328	352
Enterprise Value (EV)	20,881	22,431	22,418	20,288	18,702	17,011	14,524	12,983	10,417	9,763	9,274
Market Capitalization	19,954	21,705	21,533	19,058	17,334	15,775	13,182	11,463	8,797	8,299	7,718
Book Value per Share	$23.96	$23.87	$21.16	$16.21	$10.36	$8.03	$4.49	$1.76	($3.55)	($5.73)	($8.61)
Tangible Book Value per Share	$17.78	$17.69	$14.99	$10.04	$4.18	$1.78	($0.63)	($3.49)	($8.80)	($10.99)	($13.86)
Total Capital	2,002	1,998	1,894	1,865	1,795	1,591	1,643	1,642	1,542	1,322	1,299
Total Debt	1,149	1,148	1,140	1,288	1,426	1,305	1,483	1,579	1,668	1,525	1,605
Total Long-Term Debt	834	833	828	1,127	1,154	1,143	1,122	818	1,010	814	1,593
Net Debt	927	725	885	1,230	1,369	1,236	1,342	1,520	1,620	1,464	1,556
Capital Expenditures (CapEx)	25	60	40	32	29	125	40	49	35	34	20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	653	463	572	764	682	512	707	788	755	550	625
Debt-free Net Working Capital (DFNWC)	876	885	828	822	740	581	849	846	803	611	674
Net Working Capital (NWC)	560	571	515	661	467	419	487	85	145	-99	662
Net Nonoperating Expense (NNE)	5.84	4.89	7.64	10	10	9.58	8.63	12	11	9.48	9.10
Net Nonoperating Obligations (NNO)	927	725	885	1,230	1,369	1,236	1,319	1,520	1,620	1,464	1,556
Total Depreciation and Amortization (D&A)	26	26	20	25	24	24	22	21	20	22	18
Debt-free, Cash-free Net Working Capital to Revenue	12.16%	8.67%	11.10%	15.22%	13.70%	10.28%	14.38%	16.41%	15.88%	11.66%	13.63%
Debt-free Net Working Capital to Revenue	16.32%	16.58%	16.07%	16.37%	14.85%	11.66%	17.25%	17.63%	16.88%	12.96%	14.68%
Net Working Capital to Revenue	10.44%	10.69%	10.00%	13.17%	9.38%	8.41%	9.90%	1.77%	3.05%	-2.10%	14.43%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.39	$5.56	$6.71	$6.91	$3.49	$4.06	$3.67	$6.12	$2.76	$2.65	$4.00
Adjusted Weighted Average Basic Shares Outstanding	35.50M	35.60M	35.60M	35.60M	35.60M	35.50M	35.50M	35.50M	35.50M	35.70M	35.40M
Adjusted Diluted Earnings per Share	$3.37	$5.52	$6.68	$6.87	$3.47	$4.04	$3.65	$6.10	$2.75	$2.64	$3.99
Adjusted Weighted Average Diluted Shares Outstanding	35.70M	35.80M	35.80M	35.80M	35.80M	35.70M	35.70M	35.60M	35.60M	35.80M	35.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	35.48M	35.58M	35.62M	35.63M	35.62M	35.59M	35.54M	35.51M	35.50M	35.47M	35.44M
Normalized Net Operating Profit after Tax (NOPAT)	126	205	247	255	134	143	186	230	109	104	151
Normalized NOPAT Margin	11.77%	15.25%	16.47%	17.60%	12.84%	12.36%	13.64%	16.28%	10.43%	9.52%	12.14%
Pre Tax Income Margin	13.84%	17.75%	19.62%	21.16%	14.73%	15.02%	12.82%	18.68%	11.92%	10.93%	14.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.95	44.40	34.03	25.58	14.07	16.40	16.64	18.59	9.82	10.54	17.63
NOPAT to Interest Expense	20.34	36.83	27.71	20.51	11.39	13.64	12.41	15.31	7.70	8.31	14.38
EBIT Less CapEx to Interest Expense	20.92	33.56	29.49	23.02	11.61	5.36	13.11	15.34	7.35	7.84	15.76
NOPAT Less CapEx to Interest Expense	16.31	26.00	23.17	17.94	8.94	2.60	8.88	12.06	5.22	5.61	12.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	20.19%	19.87%	15.83%	24.26%	25.13%	26.00%	28.41%	27.25%	28.52%	28.57%	36.14%
Augmented Payout Ratio	37.48%	26.51%	17.54%	24.26%	25.13%	26.00%	28.41%	27.25%	28.52%	88.92%	97.84%

Frequently Asked Questions About Lennox International's Financials

When does Lennox International's fiscal year end?

According to the most recent income statement we have on file, Lennox International's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Lennox International's net income changed over the last 9 years?

Lennox International's net income appears to be on an upward trend, with a most recent value of $806.90 million in 2024, rising from $186.60 million in 2015. The previous period was $590.10 million in 2023. Check out Lennox International's forecast to explore projected trends and price targets.

What is Lennox International's operating income?

Lennox International's total operating income in 2024 was $1.03 billion, based on the following breakdown:

Total Gross Profit: $1.77 billion
Total Operating Expenses: $745.40 million

How has Lennox International revenue changed over the last 9 years?

Over the last 9 years, Lennox International's total revenue changed from $3.47 billion in 2015 to $5.34 billion in 2024, a change of 54.0%.

How much debt does Lennox International have?

Lennox International's total liabilities were at $2.62 billion at the end of 2024, a 4.3% increase from 2023, and a 66.4% increase since 2015.

How much cash does Lennox International have?

In the past 9 years, Lennox International's cash and equivalents has ranged from $31 million in 2021 to $415.10 million in 2024, and is currently $415.10 million as of their latest financial filing in 2024.

How has Lennox International's book value per share changed over the last 9 years?

Over the last 9 years, Lennox International's book value per share changed from 2.25 in 2015 to 23.87 in 2024, a change of 962.6%.

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This page (NYSE:LII) was last updated on 5/30/2025 by MarketBeat.com Staff

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Lennox International (LII) Financials

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