TORVANTA
Industrials · S&P 500 · data as of 2026-10-05

LII stock analysis: Lennox International

Lennox International (LII) is an S&P 500 company in Building Products. It grades strongest on value and weakest on growth and momentum.

The model's view of LII · subscribers

Where LII ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with LII · updated 2026-10-05 · from prices and SEC filings

LII price performance

LII against the S&P 500, one year
-20%+0%+20%S&P 500 +18%LII -30%2025-09-292026-10-05
Year to date-24.9%S&P 500 +14.5% · behind by 39.5 pts
1 year-33.6%S&P 500 +17.0% · behind by 50.7 pts
3 years-0.1%S&P 500 +89.3% · behind by 89.3 pts
5 years+28.1%S&P 500 +91.3% · behind by 63.2 pts

Total returns with dividends reinvested.

LII factor grades

Each grade compares LII with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

A-ValueP/E 16.3x (industry 24.3x)FCF yield 5.3% (industry 5.2%)
DGrowthRevenue growth -2% (industry +0%)EPS growth -1% (industry +2%)
BProfitabilityOperating margin 19.5% (industry 17.5%)ROIC 70.9% (industry 22.5%)
D-Momentum12-month change -34%From 52-wk high -37%

LII in plain numbers

LII key statistics

SectorIndustrials
IndustryBuilding Products
IndexS&P 500
Market value$12.6B
Revenue growth (y/y)-2%
Free-cash-flow yield5.3%
Dividend yield1.5%
Next earnings (expected)2026-10-21
Valuation measures
Market value$12.6B
Enterprise value$12.5B
P/E (trailing)16.3x
Forward P/E (Torvanta estimate)16.2x
Price / sales2.4x
Price / book10.4x
EV / revenue2.4x
EV / EBITDA11.0x
Financial highlights
Revenue, last 12 months$5.3B
Net income, last 12 months$783.1M
EPS, last 12 months (GAAP)$22.22
Gross margin32.9%
Operating margin19.5%
Net margin14.9%
Return on equity75.8%
Return on invested capital70.9%
Cash$48.2M
Free cash flow, last 12 months$660.7M
Interest cover20.5x
Current ratio1.57x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

LII earnings trends

Revenue vs earnings
$0$375.2M$750.5M$1.1B$1.5BJun 2024 Revenue: $1.5BSep 2024 Revenue: $1.5BDec 2024 Revenue: $1.3BMar 2025 Revenue: $1.1BJun 2025 Revenue: $1.5BSep 2025 Revenue: $1.4BDec 2025 Revenue: $1.2BMar 2026 Revenue: $1.1BJun 2024 Net income: $245.9MSep 2024 Net income: $239.0MDec 2024 Net income: $197.7MMar 2025 Net income: $120.3MJun 2025 Net income: $277.6MSep 2025 Net income: $245.8MDec 2025 Net income: $142.5MMar 2026 Net income: $117.2MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 16.9%Net margin: 16.0%Net margin: 14.7%Net margin: 11.2%Net margin: 18.5%Net margin: 17.2%Net margin: 11.9%Net margin: 10.3%0%9%18%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$2.0$3.9$5.9$7.8Jun 2024 EPS (GAAP, diluted): $6.9Sep 2024 EPS (GAAP, diluted): $6.7Dec 2024 EPS (GAAP, diluted): $5.5Mar 2025 EPS (GAAP, diluted): $3.4Jun 2025 EPS (GAAP, diluted): $7.8Sep 2025 EPS (GAAP, diluted): $7.0Dec 2025 EPS (GAAP, diluted): $4.1Mar 2026 EPS (GAAP, diluted): $3.4Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 +14% · Sep 2025 +4% · Dec 2025 -26% · Mar 2026 -1%

From the company's 10-Q and 10-K filings with the SEC.

Lennox International financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$4.2B$4.7B$5.0B$5.3B$5.2B
Net income$464.1M$497.1M$590.1M$806.9M$786.2M
EPS (GAAP)$12.41$13.90$16.53$22.54$22.24
Free cash flow$408.7M$201.2M$486.0M$782.1M$638.8M

LII earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-04-29$3.35-1%+6%+7.0%
2026-01-28$4.07-26%-11%-0.3%
2025-10-22$6.98+4%-5%-9.9%
2025-07-23$7.82+14%+3%+6.3%
2025-04-23$3.37-3%+2%-9.9%
2025-01-29$5.52+37%+16%-8.6%

About Lennox International

HeadquartersRichardson, TX
Industry (SEC code)Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE

From the company's SEC registration record.

Companies similar to LII

CompanyMarket valueP/ERevenue growthOperating margin12-month change
LII Lennox International$12.6B16.3x-2%19.5%-34%
ALLE Allegion$13.1B20.1x+11%20.8%-12%compare
MAS Masco$13.8B17.0x-0%16.6%-1%compare
AOS A. O. Smith$7.9B15.8x+0%17.5%-21%compare
BLDR Builders FirstSource$6.0B60.5x-9%3.0%-57%
CARR Carrier Global$46.3B36.4x-5%8.2%-5%
JCI Johnson Controls$95.7B28.4x+15%n/a+46%

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Frequently asked questions

Is LII stock a buy?

Torvanta does not tell individuals what to buy. Its grades for LII are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is LII's P/E ratio?

LII trades at about 16.3 times its last 12 months of GAAP earnings reported to the SEC, and about 16.2 times Torvanta's own estimate of the next 12 months.

When does LII report earnings next?

Based on its filing history, Torvanta expects Lennox International to report around 2026-10-21.

Does LII pay a dividend?

Yes. Its dividend yield is about 1.5%, and it has raised its dividend 16 years in a row.

How has LII performed against the S&P 500?

Over the past year LII returned -33.6%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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