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Lennox International Inc. (LII)
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Lennox International Inc. (LII) Interest Coverage Ratio: 24.83x

The interest coverage ratio for Lennox International Inc. (LII) is 24.83x as of Sunday, June 14, 2026.

LII Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

24.83x

LII Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Lennox International Inc. (LII)$17.82B24.83xN/AN/AN/A
Fortive Corporation (FTV)$18.33B7.54x7.62x8.66x7.85x
Generac Holdings Inc. (GNRC)$15.44B4.09x5.04x6.09x10.13x
Advanced Energy Industries, Inc. (AEIS)$13.48B11.69x6.57x12.96x18.85x
CNH Industrial N.V. (CNH)$13.14B1.80x2.10x3.45x3.77x
Stanley Black & Decker, Inc. (SWK)$13.00B2.48x2.48x2.27x4.13x
Pentair plc (PNR)$11.93B12.36x10.71x9.33x17.93x
Powell Industries, Inc. (POWL)$10.74BN/A47.61x48.35x62.70x
Hubbell Incorporated (HUBB)$25.20B18.99x16.89x19.09x15.72x
Planet Labs PBC (PL)$10.37B-27.67xN/AN/AN/A

Financial Health Indicators

Interest Coverage

24.8x

Debt/Equity

1.77

Current Ratio

1.60

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Lennox International Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Lennox International Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Lennox International Inc. (LII)?
The interest coverage ratio for LII stock is 24.83x.

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
Industrials / Construction
Sector
Industrials
Industry
Construction
CEO
Alok Maskara