Lennox International (LII) Financial Statements
Price: $569.55
Market Cap: $20.26B
Avg Volume: 396.10K
Market Cap: $20.26B
Avg Volume: 396.10K
Country: US
Industry: Construction
Sector: Industrials
Industry: Construction
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Lennox International.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.34B | $4.98B | $4.72B | $4.19B | $3.63B | $3.81B | $3.88B | $3.84B | $3.64B | $3.47B |
| Cost of Revenue | $3.57B | $3.43B | $3.43B | $3.01B | $2.59B | $2.73B | $2.77B | $2.71B | $2.57B | $2.52B |
| Gross Profit | $1.77B | $1.55B | $1.28B | $1.19B | $1.04B | $1.08B | $1.11B | $1.13B | $1.08B | $947.40M |
| Gross Profit Ratio | 33.17% | 31.10% | 27.23% | 28.30% | 28.62% | 28.36% | 28.61% | 29.31% | 29.56% | 27.32% |
| Research and Development Expenses | $- | $94.00M | $80.30M | $76.10M | $66.80M | $69.90M | $72.20M | $73.60M | $64.60M | $62.30M |
| General and Administrative Expenses | $- | $637.30M | $627.20M | $598.90M | $555.90M | $585.90M | $608.20M | $637.70M | $621.00M | $580.50M |
| Selling and Marketing Expenses | $- | $68.20M | $60.50M | $54.50M | $48.70M | $65.00M | $59.30M | $63.60M | $14.70M | $13.70M |
| Selling General and Administrative Expenses | $730.60M | $705.50M | $627.20M | $598.90M | $555.90M | $585.90M | $608.20M | $637.70M | $621.00M | $580.50M |
| Other Expenses | $6.50M | $-41.80M | $-1.00M | $-1.50M | $-2.20M | $-1.70M | $-16.70M | $-8.10M | $-11.00M | $-20.90M |
| Operating Expenses | $737.10M | $757.70M | $626.20M | $597.40M | $553.70M | $584.20M | $608.20M | $637.70M | $621.00M | $580.50M |
| Cost and Expenses | $4.31B | $4.19B | $4.06B | $3.60B | $3.15B | $3.31B | $3.38B | $3.35B | $3.19B | $3.10B |
| Interest Income | $- | $4.30M | $1.10M | $1.00M | $1.40M | $1.10M | $800.00K | $1.50M | $1.10M | $1.60M |
| Interest Expense | $38.70M | $56.00M | $38.70M | $25.00M | $28.30M | $47.50M | $38.30M | $30.60M | $27.00M | $23.60M |
| Depreciation and Amortization | $- | $86.00M | $77.90M | $72.40M | $72.60M | $76.80M | $68.20M | $66.80M | $60.00M | $62.80M |
| EBITDA | $1.03B | $879.50M | $729.00M | $652.50M | $553.90M | $633.30M | $575.20M | $562.90M | $490.80M | $423.60M |
| EBITDA Ratio | 19.37% | 17.65% | 15.53% | 15.85% | 15.73% | 14.98% | 14.53% | 14.65% | 14.31% | 12.18% |
| Operating Income | $1.03B | $790.10M | $656.20M | $590.30M | $478.50M | $499.20M | $509.50M | $494.50M | $429.40M | $305.40M |
| Operating Income Ratio | 19.37% | 15.86% | 13.91% | 14.07% | 13.17% | 13.11% | 13.12% | 12.88% | 11.79% | 8.81% |
| Total Other Income Expenses Net | $-41.00M | $-52.60M | $-40.40M | $-30.20M | $-33.30M | $-149.00M | $-42.00M | $-30.50M | $-26.70M | $-22.80M |
| Income Before Tax | $993.80M | $737.50M | $615.80M | $560.10M | $445.20M | $507.90M | $467.90M | $464.00M | $402.70M | $282.60M |
| Income Before Tax Ratio | 18.61% | 14.80% | 13.05% | 13.35% | 12.25% | 13.34% | 12.05% | 12.08% | 11.06% | 8.15% |
| Income Tax Expense | $186.90M | $147.40M | $118.70M | $96.10M | $88.10M | $99.10M | $107.60M | $156.90M | $124.10M | $95.40M |
| Net Income | $806.90M | $590.10M | $497.10M | $464.00M | $356.30M | $408.70M | $359.00M | $305.70M | $277.80M | $186.60M |
| Net Income Ratio | 15.11% | 11.84% | 10.54% | 11.06% | 9.80% | 10.73% | 9.24% | 7.96% | 7.63% | 5.38% |
| EPS | $22.67 | $16.62 | $13.92 | $12.47 | $9.30 | $10.48 | $8.84 | $7.25 | $6.39 | $4.16 |
| EPS Diluted | $22.54 | $16.53 | $13.89 | $12.37 | $9.23 | $10.37 | $8.73 | $7.14 | $6.32 | $4.09 |
| Weighted Average Shares Outstanding | 35.60M | 35.50M | 35.70M | 37.20M | 38.30M | 39.00M | 40.60M | 42.20M | 43.40M | 44.90M |
| Weighted Average Shares Outstanding Diluted | 35.80M | 35.70M | 35.80M | 37.50M | 38.60M | 39.40M | 41.10M | 42.80M | 44.00M | 45.60M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $415.10M | $60.70M | $52.60M | $31.00M | $123.90M | $37.30M | $46.30M | $68.20M | $50.20M | $38.90M |
| Short Term Investments | $7.20M | $8.40M | $8.50M | $5.50M | $5.10M | $2.90M | $- | $- | $- | $- |
| Cash and Short Term Investments | $422.30M | $69.10M | $61.10M | $36.50M | $129.00M | $40.20M | $46.30M | $68.20M | $50.20M | $38.90M |
| Net Receivables | $661.10M | $594.60M | $608.50M | $508.30M | $448.30M | $477.80M | $472.70M | $506.50M | $469.80M | $422.80M |
| Inventory | $704.80M | $699.10M | $753.00M | $510.90M | $439.40M | $544.10M | $509.80M | $484.20M | $418.50M | $418.80M |
| Other Current Assets | $96.00M | $70.70M | $73.90M | $119.70M | $70.90M | $58.80M | $60.60M | $78.40M | $67.40M | $57.70M |
| Total Current Assets | $1.88B | $1.43B | $1.50B | $1.18B | $1.09B | $1.12B | $1.09B | $1.14B | $1.01B | $938.20M |
| Property Plant Equipment Net | $1.13B | $934.00M | $768.80M | $711.20M | $658.70M | $627.00M | $408.30M | $397.80M | $361.40M | $339.60M |
| Goodwill | $220.00M | $222.10M | $186.30M | $186.60M | $186.90M | $186.50M | $186.60M | $200.50M | $195.10M | $195.10M |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $8.60M | $7.30M | $6.20M |
| Goodwill and Intangible Assets | $220.00M | $222.10M | $186.30M | $186.60M | $186.90M | $186.50M | $186.60M | $200.50M | $195.10M | $195.10M |
| Long Term Investments | $- | $58.40M | $44.40M | $37.70M | $37.00M | $38.60M | $36.60M | $38.10M | $35.10M | $36.80M |
| Tax Assets | $75.10M | $51.80M | $27.50M | $11.30M | $13.20M | $21.50M | $67.00M | $94.40M | $136.70M | $145.70M |
| Other Non-Current Assets | $165.20M | $98.50M | $44.10M | $49.70M | $49.10M | $40.40M | $29.30M | $23.40M | $26.10M | $24.80M |
| Total Non-Current Assets | $1.59B | $1.36B | $1.07B | $996.50M | $944.90M | $914.00M | $727.80M | $754.20M | $754.40M | $742.00M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.47B | $2.80B | $2.57B | $2.17B | $2.03B | $2.03B | $1.82B | $1.89B | $1.76B | $1.68B |
| Account Payables | $490.00M | $374.70M | $427.30M | $402.10M | $340.30M | $372.40M | $433.30M | $348.60M | $361.20M | $320.10M |
| Short Term Debt | $387.90M | $219.60M | $848.40M | $238.40M | $130.00M | $435.10M | $304.30M | $33.50M | $252.50M | $235.10M |
| Tax Payables | $- | $4.20M | $17.60M | $26.90M | $20.30M | $- | $2.10M | $2.10M | $9.00M | $26.00M |
| Deferred Revenue | $5.00M | $4.70M | $9.60M | $10.20M | $5.50M | $8.40M | $13.00M | $7.30M | $6.40M | $6.80M |
| Other Current Liabilities | $430.40M | $411.40M | $292.80M | $308.70M | $205.20M | $195.20M | $255.80M | $263.00M | $265.90M | $189.00M |
| Total Current Liabilities | $1.31B | $1.01B | $1.60B | $827.10M | $701.30M | $1.00B | $1.01B | $654.50M | $888.60M | $824.00M |
| Long Term Debt | $1.10B | $1.31B | $976.00M | $1.37B | $1.11B | $980.30M | $740.50M | $970.50M | $615.70M | $506.00M |
| Deferred Revenue Non-Current | $- | $- | $6.40M | $5.50M | $5.60M | $5.90M | $5.90M | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $77.90M | $82.70M | $81.10M | $70.50M | $29.80M | $- | $- | $- |
| Other Non-Current Liabilities | $207.60M | $190.70M | $199.00M | $242.30M | $234.80M | $222.10M | $217.80M | $216.40M | $218.00M | $248.60M |
| Total Non-Current Liabilities | $1.31B | $1.50B | $1.18B | $1.61B | $1.35B | $1.20B | $958.30M | $1.19B | $833.70M | $754.60M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.62B | $2.51B | $2.77B | $2.44B | $2.05B | $2.21B | $1.97B | $1.84B | $1.72B | $1.58B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K |
| Retained Earnings | $4.15B | $3.51B | $3.07B | $2.72B | $2.39B | $2.15B | $1.85B | $1.58B | $1.35B | $1.15B |
| Accumulated Other Comprehensive Income Loss | $-93.70M | $-56.90M | $-90.60M | $-88.10M | $-97.20M | $-103.80M | $-188.80M | $-157.40M | $-195.10M | $-204.70M |
| Other Total Stockholders Equity | $-3.21B | $-3.16B | $-3.18B | $-2.90B | $-2.31B | $-2.22B | $-1.82B | $-1.37B | $-1.12B | $-841.70M |
| Total Stockholders Equity | $850.20M | $285.30M | $-203.10M | $-269.00M | $-17.10M | $-170.20M | $-149.60M | $50.10M | $37.60M | $101.20M |
| Total Equity | $850.20M | $285.30M | $-203.10M | $-269.00M | $-17.10M | $-170.20M | $-149.60M | $50.10M | $38.00M | $101.60M |
| Total Liabilities and Stockholders Equity | $3.47B | $2.80B | $2.57B | $2.17B | $2.03B | $2.03B | $1.82B | $1.89B | $1.76B | $1.68B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $400.00K | $400.00K |
| Total Liabilities and Total Equity | $3.47B | $2.80B | $2.57B | $2.17B | $2.03B | $2.03B | $1.82B | $1.89B | $1.76B | $1.68B |
| Total Investments | $7.20M | $66.80M | $8.50M | $5.50M | $5.10M | $2.90M | $36.60M | $38.10M | $35.10M | $36.80M |
| Total Debt | $1.49B | $1.53B | $1.75B | $1.44B | $1.18B | $1.35B | $1.04B | $1.00B | $868.20M | $743.90M |
| Net Debt | $1.07B | $1.47B | $1.70B | $1.41B | $1.05B | $1.32B | $995.00M | $935.80M | $818.00M | $705.00M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $806.90M | $590.10M | $497.10M | $464.00M | $356.30M | $408.70M | $359.00M | $305.70M | $277.80M | $187.20M |
| Depreciation and Amortization | $95.10M | $86.00M | $77.90M | $72.40M | $72.60M | $71.10M | $66.00M | $64.60M | $58.10M | $62.80M |
| Deferred Income Tax | $-24.50M | $-26.00M | $-15.20M | $-5.40M | $7.20M | $16.60M | $25.20M | $43.30M | $-4.00M | $-21.30M |
| Stock Based Compensation | $28.50M | $30.10M | $21.80M | $24.30M | $24.30M | $21.30M | $26.30M | $24.90M | $31.70M | $26.60M |
| Change in Working Capital | $42.50M | $8.80M | $-267.90M | $-52.60M | $136.10M | $-166.20M | $4.70M | $-115.50M | $8.80M | $17.60M |
| Accounts Receivables | $- | $1.80M | $-112.40M | $-23.80M | $67.20M | $-35.90M | $-4.20M | $-34.20M | $-14.30M | $-20.90M |
| Inventory | $-10.10M | $11.10M | $-249.30M | $-71.00M | $110.30M | $-63.90M | $-84.20M | $-56.40M | $300.00K | $28.80M |
| Accounts Payables | $115.00M | $-29.20M | $28.20M | $55.20M | $-31.70M | $-56.10M | $102.20M | $-18.50M | $40.10M | $-2.90M |
| Other Working Capital | $-62.40M | $25.10M | $65.60M | $-13.00M | $-9.70M | $-10.30M | $-9.10M | $-6.40M | $-17.30M | $12.60M |
| Other Non Cash Items | $-2.80M | $47.20M | $-11.40M | $12.80M | $15.90M | $44.60M | $14.30M | $2.10M | $-17.90M | $58.30M |
| Net Cash Provided by Operating Activities | $945.70M | $736.20M | $302.30M | $515.50M | $612.40M | $396.10M | $495.50M | $325.10M | $354.50M | $331.20M |
| Investments in Property Plant and Equipment | $-163.60M | $-250.20M | $-101.10M | $-106.80M | $-78.50M | $-105.60M | $-95.20M | $-98.30M | $-84.30M | $-69.90M |
| Acquisitions Net | $- | $-71.70M | $1.60M | $900.00K | $1.00M | $43.50M | $114.70M | $200.00K | $200.00K | $- |
| Purchases of Investments | $-7.40M | $- | $-3.50M | $-500.00K | $-2.20M | $-2.90M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $-1.60M | $-400.00K | $-1.00M | $1.30M | $- | $- | $- | $- |
| Other Investing Activities | $-3.40M | $2.20M | $1.60M | $400.00K | $1.00M | $79.60M | $11.00M | $200.00K | $200.00K | $100.00K |
| Net Cash Used for Investing Activities | $-174.40M | $-319.70M | $-103.00M | $-106.40M | $-79.70M | $15.90M | $30.50M | $-98.10M | $-84.10M | $-69.80M |
| Debt Repayment | $-187.60M | $-241.80M | $272.60M | $244.20M | $-201.30M | $108.10M | $29.90M | $134.60M | $129.30M | $-182.20M |
| Common Stock Issued | $- | $3.90M | $3.60M | $3.30M | $3.00M | $3.30M | $3.30M | $3.10M | $2.60M | $2.40M |
| Common Stock Repurchased | $-75.20M | $-14.90M | $-308.30M | $-622.10M | $-117.90M | $-424.00M | $-477.10M | $-276.10M | $-333.30M | $-32.00M |
| Dividends Paid | $-160.30M | $-153.40M | $-142.00M | $-126.50M | $-118.10M | $-110.50M | $-93.90M | $-79.70M | $-69.00M | $-59.30M |
| Other Financing Activities | $4.50M | $- | $- | $2.40M | $-7.50M | $-300.00K | $- | $-200.00K | $15.20M | $22.40M |
| Net Cash Used Provided by Financing Activities | $-418.60M | $-406.20M | $-174.10M | $-498.70M | $-441.80M | $-423.40M | $-537.80M | $-218.30M | $-255.20M | $-248.70M |
| Effect of Forex Changes on Cash | $1.70M | $-2.20M | $-3.60M | $-3.30M | $-4.30M | $2.40M | $-10.10M | $9.30M | $-3.90M | $-11.30M |
| Net Change in Cash | $354.40M | $8.10M | $21.60M | $-92.90M | $86.60M | $-9.00M | $-21.90M | $18.00M | $11.30M | $1.40M |
| Cash at End of Period | $415.10M | $60.70M | $52.60M | $31.00M | $123.90M | $37.30M | $46.30M | $68.20M | $50.20M | $38.90M |
| Cash at Beginning of Period | $60.70M | $52.60M | $31.00M | $123.90M | $37.30M | $46.30M | $68.20M | $50.20M | $38.90M | $37.50M |
| Operating Cash Flow | $945.70M | $736.20M | $302.30M | $515.50M | $612.40M | $396.10M | $495.50M | $325.10M | $354.50M | $331.20M |
| Capital Expenditure | $-163.60M | $-250.20M | $-101.10M | $-106.80M | $-78.50M | $-105.60M | $-95.20M | $-98.30M | $-84.30M | $-69.90M |
| Free Cash Flow | $782.10M | $486.00M | $201.20M | $408.70M | $533.90M | $290.50M | $400.30M | $226.80M | $270.20M | $261.30M |