Lennox International Inc. (LII)

LII Income Statement

Revenue, expenses, and profitability analysis

LII Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	5.258B	1.135B	1.195B	1.427B	1.501B	1.073B	1.345B	1.498B	1.451B
Cost of Goods Sold	3.520B	783.800M	805.700M	951.800M	978.400M	744.100M	889.700M	1.010B	962.900M
Gross Profit	1.738B	351.300M	389.300M	475.000M	522.500M	328.500M	455.300M	488.400M	488.200M
Gross Profit Margin	30.9%	30.9%	32.6%	33.3%	34.8%	30.6%	33.9%	32.6%	33.6%
Total Operating Expenses	712.000M	185.200M	193.500M	164.800M	168.500M	172.900M	210.700M	185.100M	168.100M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	695.300M	185.200M	175.200M	161.600M	173.300M	171.300M	207.000M	184.400M	168.500M
Operating Income (EBIT)	1.026B	166.100M	195.800M	310.200M	354.000M	155.600M	244.600M	303.300M	320.100M
Operating Margin	14.6%	14.6%	16.4%	21.7%	23.6%	14.5%	18.2%	20.2%	22.1%
Income Before Tax (EBT)	969.400M	146.900M	178.700M	298.800M	345.000M	148.400M	238.700M	293.900M	307.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	49.900M	15.200M	15.900M	10.500M	8.300M	6.200M	5.500M	8.900M	12.500M
Other Income/Expense	-56.700M	-19.200M	-17.100M	-11.400M	-9.000M	-7.200M	-5.900M	-9.400M	-13.100M
Net Income	783.100M	117.200M	142.500M	245.800M	277.600M	120.300M	197.700M	239.000M	245.900M
Income Tax Expense	186.300M	29.700M	36.200M	53.000M	67.400M	28.100M	41.000M	54.900M	61.100M
Net Profit Margin	10.3%	10.3%	11.9%	17.2%	18.5%	11.2%	14.7%	16.0%	16.9%
EBITDA	1.128B	191.300M	194.600M	361.700M	380.100M	180.200M	275.100M	323.200M	344.700M
EBITDA Margin	16.9%	16.9%	16.3%	25.4%	25.3%	16.8%	20.5%	21.6%	23.8%
Depreciation & Amortization	108.400M	29.200M	0.00	52.400M	26.800M	25.600M	25.500M	20.400M	25.200M
EPS Basic	22.29	3.37	4.08	6.98	7.86	3.39	5.55	6.71	6.91
EPS Diluted	22.20	3.35	4.07	6.96	7.82	3.37	5.52	6.68	6.87
Shares Outstanding	34.800M	34.800M	34.900M	35.300M	35.300M	35.500M	35.800M	35.600M	35.600M
Diluted Shares Outstanding	35.000M	35.000M	35.100M	35.500M	35.500M	35.700M	35.800M	35.800M	35.800M

LII Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	5.195B	5.341B	4.982B	4.718B	4.194B	3.634B	3.807B	3.884B
Cost of Goods Sold	3.480B	3.569B	3.434B	3.434B	3.006B	2.594B	2.727B	2.773B
Gross Profit	1.715B	1.772B	1.548B	1.285B	1.188B	1.040B	1.080B	1.111B
Gross Profit Margin	33.0%	33.2%	31.1%	27.2%	28.3%	28.6%	28.4%	28.6%
Total Operating Expenses	699.700M	737.100M	757.700M	628.500M	598.100M	561.600M	422.900M	601.300M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	681.400M	730.600M	705.500M	627.200M	598.900M	555.900M	585.900M	608.200M
Operating Income (EBIT)	1.016B	1.035B	790.100M	656.200M	590.300M	478.500M	656.900M	509.900M
Operating Margin	19.5%	19.4%	15.9%	13.9%	14.1%	13.2%	17.3%	13.1%
Income Before Tax (EBT)	970.900M	993.800M	737.500M	615.800M	560.100M	445.200M	507.900M	467.900M
Interest Income	—	5.400M	4.300M	1.100M	1.000M	1.400M	1.100M	800K
Interest Expense	40.900M	44.100M	56.000M	39.800M	26.000M	29.700M	48.600M	39.100M
Other Income/Expense	-44.700M	-41.000M	-52.600M	-40.400M	-30.200M	-33.300M	0.00	-42.000M
Net Income	786.200M	806.900M	590.100M	497.100M	464.000M	356.300M	408.700M	359.000M
Income Tax Expense	184.700M	186.900M	147.400M	118.700M	96.100M	88.100M	99.100M	107.600M
Net Profit Margin	15.1%	15.1%	11.8%	10.5%	11.1%	9.8%	10.7%	9.2%
EBITDA	1.117B	1.133B	879.500M	733.500M	658.500M	547.500M	627.600M	573.000M
EBITDA Margin	21.5%	21.2%	17.7%	15.5%	15.7%	15.1%	16.5%	14.8%
Depreciation & Amortization	104.800M	95.100M	86.000M	77.900M	72.400M	72.600M	71.100M	66.000M
EPS Basic	22.31	22.67	16.62	13.92	12.47	9.30	10.48	8.84
EPS Diluted	22.22	22.54	16.53	13.89	12.37	9.23	10.37	8.73
Shares Outstanding	34.900M	35.600M	35.500M	35.700M	37.200M	38.300M	39.000M	40.600M
Diluted Shares Outstanding	35.100M	35.800M	35.700M	35.800M	37.500M	38.600M	39.400M	41.100M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Richardson, TX

5,400 employees

www.lennox.com

Industrials / Construction

Sector: Industrials
Industry: Construction
CEO: Alok Maskara

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