financial statements

The full income statement, balance sheet, and cash-flow statement for Lennox International Inc. (LII), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	5.20B YoY-2.7%	5.34B YoY+7.2%	4.98B YoY+5.6%	4.72B YoY+12.5%	4.19B YoY+15.4%
	1.73B YoY-2.4%	1.78B YoY+14.7%	1.55B YoY+20.6%	1.28B YoY+8.1%	1.19B YoY+14.3%
Cost of revenue	3.46B YoY-2.9%	3.56B YoY+3.8%	3.43B YoY-0.0%	3.43B YoY+14.2%	3.01B YoY+15.9%
Research & development	103M YoY+10.5%	93.6M YoY-0.4%	94.0M YoY+17.1%	80.3M YoY+5.5%	76.1M YoY+13.9%
Selling, general & administrative	681M YoY-6.7%	731M YoY+3.6%	706M YoY+12.5%	627M YoY+4.7%	599M YoY+7.7%
Restructuring	6.80M	0.00 YoY-100.0%	3.10M YoY+106.7%	1.50M YoY-16.7%	1.80M YoY-83.3%
Provision for credit losses	-1.90M YoY-123.8%	8.00M YoY-18.4%	9.80M YoY+42.0%	6.90M YoY+40.8%	4.90M YoY-39.5%
Operating income	1.04B YoY+0.1%	1.04B YoY+31.4%	792M YoY+20.6%	656M YoY+11.2%	590M YoY+23.4%
Interest expense	40.9M YoY+5.7%	38.7M YoY-25.1%	51.7M YoY+33.6%	38.7M YoY+54.8%	25.0M YoY-11.7%
Interest & investment income	5.50M YoY+1.9%	5.40M YoY+25.6%	4.30M YoY+290.9%	1.10M YoY+10.0%	1.00M YoY-28.6%
Other non-operating income	-3.40M YoY-78.9%	-1.90M YoY-1800.0%	-100K YoY+94.7%	-1.90M YoY+52.5%	-4.00M YoY+9.1%
Equity-method income	6.00M YoY-24.1%	7.90M YoY-7.1%	8.50M YoY+66.7%	5.10M YoY-56.8%	11.8M YoY-24.4%
Pre-tax income	997M YoY-0.3%	999M YoY+35.3%	739M YoY+20.0%	616M YoY+9.9%	560M YoY+25.8%
Income tax	191M YoY+1.4%	188M YoY+27.5%	148M YoY+24.4%	119M YoY+23.5%	96.1M YoY+9.1%
	806M YoY-0.7%	811M YoY+37.2%	591M YoY+18.9%	497M YoY+7.1%	464M YoY+30.2%
Income from continuing operations	—	—	—	497M YoY+7.1%	464M YoY+29.9%
	$22.79 YoY+0.6%	$22.66 YoY+36.7%	$16.58 YoY+19.5%	$13.88 YoY+12.0%	$12.39 YoY+34.1%
EPS (basic)	$22.89 YoY+0.5%	$22.78 YoY+36.8%	$16.65 YoY+19.6%	$13.92 YoY+11.6%	$12.47 YoY+34.1%
Weighted-avg shares (basic)	35.2M YoY-1.1%	35.6M YoY+0.3%	35.5M YoY-0.6%	35.7M YoY-4.0%	37.2M YoY-2.9%
Weighted-avg shares (diluted)	35.4M YoY-1.1%	35.8M YoY+0.3%	35.7M YoY-0.3%	35.8M YoY-4.5%	37.5M YoY-2.8%
Dividends per share	$5.05 YoY+11.0%	$4.55 YoY+4.4%	$4.36 YoY+6.3%	$4.10 YoY+16.1%	$3.53 YoY+14.6%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.90B YoY-6.3%	2.03B YoY+28.9%	1.58B YoY+5.3%	1.50B YoY+27.3%	1.18B YoY+8.1%
Cash & equivalents	34.2M YoY-91.8%	415M YoY+583.9%	60.7M YoY+15.4%	52.6M YoY+69.7%	31.0M YoY-75.0%
Short-term investments	500K YoY-93.1%	7.20M YoY-14.3%	8.40M YoY-1.2%	8.50M YoY+54.5%	5.50M YoY+7.8%
Accounts receivable	579M YoY-12.4%	661M YoY+11.2%	595M YoY-2.3%	609M YoY+19.7%	508M YoY+13.4%
Inventory	1.15B YoY+35.1%	853M YoY+1.3%	842M YoY+11.8%	753M YoY+47.4%	511M YoY+16.3%
Other current assets	138M YoY+43.4%	96.0M YoY+35.8%	70.7M YoY-4.3%	73.9M YoY-38.3%	120M YoY+68.8%
	4.08B YoY+12.8%	3.62B YoY+23.1%	2.94B YoY+14.5%	2.57B YoY+18.2%	2.17B YoY+6.9%
Property, plant & equipment	887M YoY+10.9%	800M YoY+11.1%	720M YoY+31.2%	549M YoY+6.6%	515M YoY+10.9%
Operating lease right-of-use	356M YoY+8.9%	327M YoY+53.2%	214M YoY-2.9%	220M YoY+12.1%	196M YoY+0.9%
Goodwill	497M YoY+126.0%	220M YoY-0.9%	222M YoY+19.2%	186M YoY-0.2%	187M YoY-0.2%
Intangible assets	273M YoY+505.3%	45.1M YoY+424.4%	8.60M YoY+0.0%	8.60M YoY+0.0%	8.60M YoY+0.0%
Deferred tax assets	12.9M YoY-82.8%	75.1M YoY+45.0%	51.8M YoY+88.4%	27.5M YoY+143.4%	11.3M YoY-14.4%
Other non-current assets	133M YoY+10.7%	120M YoY-23.5%	157M YoY+77.3%	88.5M YoY+1.3%	87.4M YoY+1.5%
	1.19B YoY-9.3%	1.31B YoY+29.4%	1.01B YoY-36.4%	1.60B YoY+92.9%	827M YoY+17.9%
Accounts payable	438M YoY-10.6%	490M YoY+30.8%	375M YoY-12.3%	427M YoY+6.3%	402M YoY+18.2%
Accrued liabilities	374M YoY-14.1%	435M YoY+4.6%	416M YoY+10.4%	377M YoY+5.0%	359M YoY+21.2%
Deferred revenue	10.5M YoY+110.0%	5.00M YoY+6.4%	4.70M YoY-51.0%	9.60M YoY-5.9%	10.2M YoY+85.5%
Short-term & current debt	18.3M YoY-94.2%	315M YoY+2499.2%	12.1M YoY-98.3%	711M YoY+6188.5%	11.3M YoY+14.1%
Current lease liability	88.9M YoY+21.1%	73.4M YoY+27.7%	57.5M YoY-9.2%	63.3M YoY+15.5%	54.8M YoY-0.4%
	2.92B YoY+9.8%	2.66B YoY+4.3%	2.55B YoY-8.0%	2.77B YoY+13.5%	2.44B YoY+19.1%
Deferred revenue (non-current)	10.3M YoY+22.6%	8.40M YoY+12.0%	7.50M YoY+17.2%	6.40M YoY+16.4%	5.50M YoY-1.8%
Non-current lease liability	293M YoY+9.6%	268M YoY+62.6%	165M YoY+1.7%	162M YoY+11.6%	145M YoY+1.5%
Other non-current liabilities	271M YoY+20.3%	225M YoY+33.8%	168M YoY+5.9%	159M YoY-0.1%	159M YoY+11.7%
	1.16B YoY+20.9%	962M YoY+144.8%	393M YoY+293.5%	-203M YoY+24.5%	-269M YoY-1473.1%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%
Additional paid-in capital	1.24B YoY+2.4%	1.21B YoY+2.4%	1.18B YoY+2.5%	1.16B YoY+1.9%	1.13B YoY+1.8%
Retained earnings	4.89B YoY+14.7%	4.26B YoY+18.0%	3.61B YoY+17.7%	3.07B YoY+12.9%	2.72B YoY+14.0%
Treasury stock	4.92B YoY+11.4%	4.42B YoY+1.6%	4.35B YoY+0.2%	4.34B YoY+7.5%	4.03B YoY+18.0%
Accumulated other comprehensive income	-48.5M YoY+48.2%	-93.7M YoY-64.7%	-56.9M YoY+37.2%	-90.6M YoY-2.8%	-88.1M YoY+9.4%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00
Total equity incl. non-controlling	1.16B YoY+36.8%	850M YoY+198.0%	285M YoY+240.5%	-203M YoY+24.5%	-269M YoY-1473.1%
Total liabilities & equity	4.08B YoY+12.8%	3.62B YoY+23.1%	2.94B YoY+14.5%	2.57B YoY+18.2%	2.17B YoY+6.9%
Common shares issued	87.2M YoY+0.0%	87.2M YoY+0.0%	87.2M YoY+0.0%	87.2M YoY+0.0%	87.2M YoY+0.0%
Shares outstanding (cover)	35.1M YoY-1.5%	35.6M YoY+0.2%	35.5M YoY+0.3%	35.4M YoY-3.2%	36.6M YoY-4.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	758M YoY-19.9%	946M YoY+28.5%	736M YoY+143.5%	302M YoY-41.4%	516M YoY-15.8%
Depreciation & amortization	113M YoY+18.3%	95.1M YoY+10.6%	86.0M YoY+10.4%	77.9M YoY+7.6%	72.4M YoY-0.3%
Share-based compensation	29.1M YoY+2.1%	28.5M YoY-5.3%	30.1M YoY+38.1%	21.8M YoY-10.3%	24.3M YoY+0.0%
Deferred income taxes	20.1M YoY+181.7%	-24.6M YoY+3.5%	-25.5M YoY-73.5%	-14.7M YoY-133.3%	-6.30M YoY-184.0%
Change in inventory	228M YoY+1362.8%	15.6M YoY+260.8%	-9.70M YoY-103.9%	249M YoY+251.1%	71.0M YoY+164.4%
Change in payables	-74.2M YoY-164.5%	115M YoY+493.8%	-29.2M YoY-203.5%	28.2M YoY-48.9%	55.2M YoY+274.1%
	-656M YoY-275.9%	-174M YoY+45.4%	-320M YoY-210.4%	-103M YoY+3.2%	-106M YoY-33.5%
Capital expenditure	119M YoY-27.4%	164M YoY-34.6%	250M YoY+147.5%	101M YoY-5.3%	107M YoY+36.1%
Acquisitions	545M YoY+30377.8%	-1.80M YoY-101.9%	94.9M	0.00	—
Proceeds from sale of PP&E	1.40M YoY-44.0%	2.50M YoY+19.0%	2.10M YoY+31.3%	1.60M YoY+77.8%	900K YoY-10.0%
	-466M YoY-11.3%	-419M YoY-3.1%	-406M YoY-133.3%	-174M YoY+65.1%	-499M YoY-12.9%
Common stock repurchased	482M YoY+799.8%	53.6M	0.00 YoY-100.0%	300M YoY-50.0%	600M YoY+500.0%
Dividends paid	173M YoY+7.9%	160M YoY+4.5%	153M YoY+8.0%	142M YoY+12.3%	127M YoY+7.1%
FX effect on cash	1.30M YoY-23.5%	1.70M YoY+177.3%	-2.20M YoY+38.9%	-3.60M YoY-9.1%	-3.30M YoY+23.3%
Interest paid	46.5M YoY+2.9%	45.2M YoY-10.0%	50.2M YoY+41.8%	35.4M YoY+48.7%	23.8M YoY-5.9%
Income taxes paid	104M YoY-55.2%	232M YoY+17.2%	198M YoY+156.2%	77.2M YoY-39.9%	129M YoY+42.3%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	17.0B YoY-21.5%	21.7B YoY+36.5%	15.9B YoY+87.6%	8.48B YoY-28.6%	11.9B YoY+13.2%
P/E	21.1× YoY-21.0%	26.8× YoY-9.1%	29.4× YoY+68.8%	17.4× YoY-31.9%	25.6× YoY-13.1%
P/S	3.3× YoY-19.3%	4.1× YoY+25.8%	3.2× YoY+74.9%	1.8× YoY-34.7%	2.8× YoY-2.0%
P/B	14.6× YoY-35.1%	22.6× YoY-77.4%	99.6×	—	—
P/FCF	26.7× YoY-3.9%	27.8× YoY-29.6%	39.4× YoY-14.4%	46.1× YoY+58.6%	29.0× YoY+47.8%
Earnings yield	4.7% YoY+26.6%	3.7% YoY+10.0%	3.4% YoY-40.8%	5.7% YoY+46.7%	3.9% YoY+15.1%
FCF yield	3.8% YoY+4.1%	3.6% YoY+42.1%	2.5% YoY+16.8%	2.2% YoY-37.0%	3.4% YoY-32.4%
Dividend yield	1.0% YoY+39.3%	0.7% YoY-23.4%	1.0% YoY-43.2%	1.7% YoY+57.5%	1.1% YoY-3.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: LII's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LII filings on SEC EDGAR → Not investment advice.

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About this data

financial statements