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NYSE · AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFRIG EQUIP · LARGE CAP

Lennox International Inc. LII

18 fiscal years on record · USD · FY2025 reported · SEC filings only
16 YEARS OF DIVIDEND GROWTH
$5.2B
▼ 2.7% YoY
$805.8M
▼ 0.7% YoY
$638.8M
▼ 18.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Lennox International Inc. designs, manufactures and markets a broad range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets, sold through multiple distribution channels under various brand names. As of December 31, 2025, it employed approximately 12,900 people, primarily in the U.S. (approximately 8,500 employees) and Mexico (approximately 3,200 employees). Its two business segments are Home Comfort Solutions and Building Climate Solutions. The Home Comfort Solutions segment covers furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies, sold under brand names including Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, and Allied, and generated $3,343.4 million in net sales in 2025. The Building Climate Solutions segment covers unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, and related replacement parts and supplies, sold under brand names including Lennox, Model L, CORE, and Heatcraft Worldwide Refrigeration, and generated $1,851.9 million in net sales in 2025. The company was founded in 1895 in Marshalltown, Iowa, by Dave Lennox, the owner of a machine repair business for railroads, who designed and patented a riveted steel coal-fired furnace.

Written from the business description in LENNOX INTERNATIONAL INC's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth

USD 5.2B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 5.2 · Net income 0.8
2B4B
2008201120142017202020232025
Compound annual growth
+3.3%
+7.4%
+4.1%
+4.8%
+17.5%
+17.7%
+15.8%
+13.8%
+18.0%
+19.8%
+18.7%
+17.3%
+7.2%
+10.4%
+13.9%
+15.3%
+14.1%
+24.8%
+27.1%
+8.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.4% a year over the five years to FY2025 — but profit grew faster: net income at +17.7%, earnings per share at +19.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

16 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.0% · Net 15.5%
10%20%
200820162025
ROE
FY2025 · ROE 75.8%
200%400%600%
200820162025
Three returns, three denominators.

Each USD of equity produced 76 cents of profit this year.

Cash & shareholders

USD 651.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 638.8
300M600M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 173.0 · Net buybacks 478.3
300M600MDividendsNet buybacks
2008201120142017202020232025

USD 173.0M in dividends and USD 478.3M in buybacks — 81% of the year's profit went back to shareholders.

Total assetsUSD 4.1B
EquityUSD 1.2B
CashUSD 34.2M
Gross debtUSD 1.2B
Net debtUSD 1.1B
Current ratio1.60×

Net debt stands at 97% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
LII, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B5.25.35.04.74.23.63.83.93.83.63.53.43.22.92.82.62.83.4
Operating income $B1.01.00.80.70.60.50.70.50.50.40.30.30.30.20.20.20.10.2
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B0.20.20.10.10.10.10.10.10.20.10.10.10.10.10.10.10.00.1
Net income $B0.80.80.60.50.50.40.40.40.30.30.20.20.20.10.10.10.10.1
Free cash flow $B0.60.80.50.20.40.50.30.40.20.30.30.10.10.20.00.10.20.1
EPS, diluted $22.7922.6616.5813.8812.399.2410.388.747.146.324.094.233.391.751.652.080.902.11
Dividend / sh $5.054.554.364.103.533.082.952.431.961.651.381.140.920.760.720.600.560.56
Payout %212026292733272626253226205341286126
ROE %75.8119.7——————694.0398.0337.483.234.918.616.719.49.626.8

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008

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