LII
Lennox International Inc.492.43
-3.70-0.75%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
17.30BP/E (TTM)
20.79Basic EPS (TTM)
23.69Dividend Yield
0.01%Recent Filings
8-K
Updated exec incentive form
Lennox International's board committee approved a refreshed Long-Term Incentive Award Agreement on December 4, 2025, for VP-level U.S. employees under its 2019 plan. It covers PSUs tied to core net income CAGR and ROIC, RSUs, and SARs, with expanded noncompete remedies and forfeiture clauses. Retention strengthened. No numbers disclosed.
8-K
Q3 revenue dips, profits rise
Lennox International reported Q3 2025 revenue of $1.4 billion, down 5% year-over-year, yet segment profit rose 2% to $310 million with margins expanding 150 basis points to 21.7%, driven by mix/price benefits and cost controls amid refrigerant transitions and macro pressures. Home Comfort Solutions revenue fell 12% on destocking and weak demand, while Building Climate Solutions grew 10% from manufacturing gains. The recent DuroDyne and Supco acquisition bolsters parts offerings. Full-year guidance now sees revenue down ~1% and adjusted EPS at $22.75-$23.25. Margins held firm.
10-Q
Q3 FY2025 results
Lennox International's Q3 results showed net sales dipping 5% y/y to $1.4B, yet operating income climbed 2% to $310M, buoyed by favorable mix and pricing that offset volume softness in Home Comfort Solutions, where sales fell 12% while Building Climate Solutions surged 10% on stronger demand. Gross margins edged up 0.2% to 32.8%, but inventories ballooned 41% y/y to $992M amid supply chain pressures. Diluted EPS rose 4% y/y to $6.98, reconciling neatly with 35.2M weighted shares. Cash dipped to $53M after $332M in buybacks and $127M dividends, with $1.0B total debt and $841M revolver availability. Post-quarter, Lennox closed the $546M Duro Dyne and Supco acquisition in October for HVAC parts synergies. Building Climate's momentum persists.
8-K
Lennox boosts Q2 results, guidance
Lennox International reported Q2 2025 revenue of $1.5 billion, up 3% year-over-year, with segment profit climbing 11% to $354 million and margins expanding 170 basis points to 23.6% amid softer volumes and inflation. Both Home Comfort and Building Climate segments grew revenue 3% and 5%, respectively, fueled by mix and pricing that offset costs. The company raised full-year guidance to 3% revenue growth and adjusted EPS of $23.25-$24.25. Momentum builds despite external pressures.
10-Q
Q2 FY2025 results
Lennox International posted solid Q2 results, with net sales climbing 3% year-over-year to $1,500.9M on favorable mix and price, though volumes dipped 8%; operating income rose 11% to $354M, lifting gross margins to 34.8% from 33.6% despite tariff-driven cost pressures. Home Comfort Solutions drove the gains, up 3% in sales to $1,009.3M and 12% in profit to $255.2M, while Building Climate Solutions added 5% sales growth to $491.6M. Diluted EPS hit $7.82, up 14% from $6.87, aligning with 35.5M weighted shares. Cash from operations slowed to $51M YTD amid inventory builds, yet $969.3M revolver availability bolsters liquidity against $1,181.1M total debt, including $300M notes maturing August 2025. Share repurchases totaled $295.4M YTD. Competition in residential HVAC remains fierce.
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