Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 1.56 is 901% above its 5-year average of -0.19, around the middle of its 5-year range (-15.02–28.78).
As of the fiscal period ended Tuesday, June 30, 2026. 0.12% above its 12-month average of 1.56.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.56.
DEBT TO EQUITY RATIO
1.56
DEBT TO EQUITY RATIO AVG TTM
1.56
DEBT TO EQUITY RATIO AVG 3Y
2.34
DEBT TO EQUITY RATIO AVG 5Y
-0.19
DEBT TO EQUITY RATIO AVG 10Y
-3.69
DEBT TO EQUITY RATIO AVG 15Y
-2.08
DEBT TO EQUITY RATIO AVG 20Y
-1.33
CURRENT VS TTM AVG
+0.12%
CURRENT VS 3Y AVG
-33.31%
CURRENT VS 5Y AVG
+901.18%
CURRENT VS 10Y AVG
+142.26%
CURRENT VS 15Y AVG
+175.11%
CURRENT VS 20Y AVG
+217.13%
SECTOR MEDIAN · INDUSTRIALS
0.59
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+164.55%
vs the sector median at left
Lennox International Inc.
Market Cap
$12.65B
Debt to Equity Ratio
1.56
TTM Avg
1.56
3Y Avg
2.34
5Y Avg
-0.19
Market Cap
$11.97B
Debt to Equity Ratio
0.26
TTM Avg
0.29
3Y Avg
0.36
5Y Avg
0.52
Market Cap
$13.48B
Debt to Equity Ratio
0.53
TTM Avg
0.66
3Y Avg
0.74
5Y Avg
0.72
Market Cap
$13.75B
Debt to Equity Ratio
1.51
TTM Avg
1.31
3Y Avg
1.41
5Y Avg
1.51
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lennox International Inc. (LII) | $12.65B | 1.56 | 1.56 | 2.34 | -0.19 |
| Graco Inc. (GGG)vs › | $12.42B | 0.02 | 0.02 | 0.03 | 0.05 |
| Watsco, Inc. (WSO)vs › | $12.94B | 0.18 | 0.17 | 0.18 | 0.18 |
| Allegion plc (ALLE)vs › | $13.04B | 0.96 | 1.27 | 1.57 | 1.65 |
| Applied Industrial Technologies, Inc. (AIT)vs › | $11.97B | 0.26 | 0.29 | 0.36 | 0.52 |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.48B | 0.53 | 0.66 | 0.74 | 0.72 |
| Crane Company (CR)vs › | $11.65B | 0.51 | 0.39 | 0.39 | 0.49 |
| BWX Technologies, Inc. (BWXT)vs › | $13.75B | 1.51 | 1.31 | 1.41 | 1.51 |
| Textron Inc. (TXT)vs › | $13.93B | 0.52 | 0.52 | 0.55 | 0.56 |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.02B | 0.55 | 0.68 | 0.73 | 0.85 |
Debt/Equity
1.56
Current Ratio
1.57
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | 1.56 |
| 2026-03-31 | 1.61 |
| 2025-12-31 | 1.77 |
| 2025-09-30 | 1.13 |
| 2025-06-30 | 1.72 |
| 2025-03-31 | 1.75 |
| 2024-12-31 | 1.75 |
| 2024-09-30 | 1.89 |
| 2024-06-30 | 2.72 |
| 2024-03-31 | 4.49 |
| 2023-12-31 | 5.35 |
| 2023-09-30 | 10.70 |
| 2023-06-30 | 28.78 |
| 2023-03-31 | -15.02 |
| 2022-12-31 | -8.62 |
| 2022-09-30 | -5.93 |
| 2022-06-30 | -4.74 |
| 2022-03-31 | -4.46 |
| 2021-12-31 | -5.34 |
| 2021-09-30 | -4.36 |
| 2021-06-30 | -6.70 |
| 2021-03-31 | -8.50 |
| 2020-12-31 | -68.91 |
| 2020-09-30 | -10.48 |
| 2020-06-30 | -6.86 |
| 2020-03-31 | -5.11 |
| 2019-12-31 | -7.96 |
| 2019-09-30 | -5.86 |
| 2019-06-30 | -7.51 |
| 2019-03-31 | -7.16 |
| 2018-12-31 | -6.96 |
| 2018-09-30 | -12.97 |
| 2018-06-30 | -7.51 |
| 2018-03-31 | -12.56 |
| 2017-12-31 | 20.04 |
| 2017-09-30 | 35.02 |
| 2017-06-30 | 116.56 |
| 2017-03-31 | -787.93 |
| 2016-12-31 | 23.09 |
| 2016-09-30 | 44.37 |
| 2016-06-30 | 34.68 |
| 2016-03-31 | -14.90 |
| 2015-12-31 | 7.35 |
| 2015-09-30 | 9.46 |
| 2015-06-30 | 18.95 |
| 2015-03-31 | -64.63 |
| 2014-12-31 | 110.19 |
| 2014-09-30 | 1.19 |
| 2014-06-30 | 1.17 |
| 2014-03-31 | 1.15 |
| 2013-12-31 | 0.83 |
| 2013-09-30 | 0.90 |
| 2013-06-30 | 1.20 |
| 2013-03-31 | 1.14 |
| 2012-12-31 | 0.78 |
| 2012-09-30 | 0.94 |
| 2012-06-30 | 1.07 |
| 2012-03-31 | 1.10 |
| 2011-12-31 | 0.99 |
| 2011-09-30 | 1.00 |
| 2011-06-30 | 0.96 |
| 2011-03-31 | 0.96 |
| 2010-12-31 | 0.54 |
| 2010-09-30 | 0.67 |
| 2010-06-30 | 0.68 |
| 2010-03-31 | 0.51 |
| 2009-12-31 | 0.38 |
| 2009-09-30 | 0.35 |
| 2009-06-30 | 0.63 |
| 2009-03-31 | 0.94 |
| 2008-12-31 | 0.92 |
| 2008-09-30 | 0.66 |
| 2008-06-30 | 0.79 |
| 2008-03-31 | 0.60 |
| 2007-12-31 | 0.26 |
| 2007-09-30 | 0.18 |
| 2007-06-30 | 0.20 |
| 2007-03-31 | 0.17 |
| 2006-12-31 | 0.14 |
| 2006-09-30 | 0.15 |
| 2006-06-30 | 0.16 |
| 2006-03-31 | 0.15 |
| 2005-12-31 | 0.15 |
| 2005-09-30 | 0.37 |
| 2005-06-30 | 0.55 |
| 2005-03-31 | 0.65 |
| 2004-12-31 | 0.66 |
| 2004-09-30 | 0.72 |
| 2004-06-30 | 0.76 |
| 2004-03-31 | 0.91 |
| 2003-12-31 | 0.62 |
| 2003-09-30 | 0.66 |
| 2003-06-30 | 0.73 |
| 2003-03-31 | 0.82 |
| 2002-12-31 | 0.84 |
| 2002-09-30 | 0.88 |