Lennox International (LII) Financials

$558.39 +3.97 (+0.72%)

As of 04/14/2025 03:58 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	187	278	306	348	607	356	464	497	590	807
Consolidated Net Income / (Loss)	187	278	306	359	409	356	464	497	590	807
Net Income / (Loss) Continuing Operations	187	279	307	360	409	357	464	497	590	807
Total Pre-Tax Income	283	403	464	468	508	445	560	616	738	994
Total Operating Income	305	411	476	510	657	464	590	656	790	1,035
Total Gross Profit	947	1,077	1,125	1,111	1,080	1,040	1,188	1,285	1,548	1,772
Total Revenue	3,467	3,642	3,840	3,884	3,807	3,634	4,194	4,718	4,982	5,341
Operating Revenue	3,467	3,642	3,840	3,884	3,807	3,634	4,194	4,718	4,982	5,341
Total Cost of Revenue	2,520	2,565	2,714	2,773	2,727	2,594	3,006	3,434	3,434	3,569
Operating Cost of Revenue	2,520	2,565	2,714	2,773	2,727	2,594	3,006	3,434	3,434	3,569
Total Operating Expenses	642	666	649	624	337	577	610	634	767	745
Selling, General & Admin Expense	581	621	638	608	586	556	599	627	706	731
Other Operating Expenses / (Income)	8.30	11	7.10	13	8.30	7.40	9.20	4.90	8.50	13
Impairment Charge	50	-	-	12	-	-	0.00	0.00	63	0.00
Restructuring Charge	3.20	1.80	3.20	3.00	10	11	1.80	1.50	3.10	0.00
Other Special Charges / (Income)	0.00	31	1.10	-12	-267	2.50	0.00	0.00	-13	1.90
Total Other Income / (Expense), net	-23	-8.30	-12	-30	-36	-17	-17	-35	-43	-33
Interest Expense	24	27	31	38	48	28	25	39	52	39
Interest & Investment Income	-	18	18	12	13	16	12	5.10	8.50	7.90
Other Income / (Expense), net	0.80	0.30	0.10	-3.30	-2.30	-4.40	-4.00	-1.90	-0.10	-1.90
Income Tax Expense	95	124	157	108	99	88	96	119	147	187
Basic Earnings per Share	$4.16	$6.39	$7.25	$8.84	$10.49	$9.30	$12.47	$13.92	$16.61	$22.67
Weighted Average Basic Shares Outstanding	44.90M	43.40M	42.20M	40.60M	39M	38.30M	37.20M	35.70M	35.50M	35.60M
Diluted Earnings per Share	$4.09	$6.32	$7.14	$8.74	$10.38	$9.24	$12.39	$13.88	$16.54	$22.54
Weighted Average Diluted Shares Outstanding	45.60M	44M	42.80M	41.10M	39.40M	38.60M	37.50M	35.80M	35.70M	35.80M
Weighted Average Basic & Diluted Shares Outstanding	44.90M	43.50M	42.20M	39.87M	38.60M	37.73M	36.64M	35.47M	35.59M	35.58M
Cash Dividends to Common per Share	$1.38	$1.65	$1.96	$2.43	$0.00	$3.08	$3.53	$4.10	$4.36	$4.55

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

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

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

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

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	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,626	2,770	2,981	2,890	2,985	3,222	3,313
Total Current Assets	1,594	1,672	1,827	1,742	1,565	1,765	1,831
Cash & Equivalents	41	40	51	132	46	48	243
Short-Term Investments	7.50	7.10	7.20	9.60	12	10	13
Accounts Receivable	708	643	844	695	616	859	817
Inventories, net	743	904	856	748	823	776	689
Other Current Assets	94	78	69	65	68	73	70
Plant, Property, & Equipment, net	520	567	609	602	759	741	755
Total Noncurrent Assets	511	532	546	546	662	716	727
Goodwill	186	186	186	182	220	220	220
Noncurrent Deferred & Refundable Income Taxes	34	34	46	50	60	63	71
Other Noncurrent Operating Assets	291	311	313	314	382	433	436
Total Liabilities & Shareholders' Equity	2,626	2,770	2,981	2,890	2,985	3,222	3,313
Total Liabilities	2,931	2,896	2,919	2,731	2,617	2,645	2,559
Total Current Liabilities	932	1,526	1,742	1,255	1,097	1,105	1,316
Short-Term Debt	11	658	761	362	273	161	313
Accounts Payable	431	445	470	346	438	451	478
Accrued Expenses	410	342	426	409	302	393	445
Current Deferred & Payable Income Tax Liabilities	19	18	22	9.00	28	33	13
Other Current Liabilities	61	64	63	60	57	67	68
Total Noncurrent Liabilities	1,999	1,370	1,177	1,476	1,519	1,540	1,243
Long-Term Debt	1,593	1,010	818	1,122	1,154	1,127	828
Noncurrent Employee Benefit Liabilities	87	40	40	34	18	18	16
Other Noncurrent Operating Liabilities	319	320	320	320	348	395	399
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-305	-126	63	160	369	577	754
Total Preferred & Common Equity	-305	-126	63	160	369	577	754
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-305	-126	63	160	369	577	754
Common Stock	1,151	1,162	1,170	1,180	1,192	1,199	1,206
Retained Earnings	3,014	3,131	3,309	3,400	3,591	3,796	3,994
Treasury Stock	-4,338	-4,340	-4,341	-4,344	-4,356	-4,357	-4,375
Accumulated Other Comprehensive Income / (Loss)	-133	-79	-76	-77	-58	-61	-71

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

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

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

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

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.

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 4/15/2025 by MarketBeat.com Staff

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Lennox International (LII) Financials

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Lennox International (LII) Financials

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