Lennox International, Inc.
487.78-13.38 (-2.67%)
Oct 29, 4:00:02 PM EDT · NYSE · LII · USD
Key Stats
Market Cap
17.11BP/E (TTM)
20.62Basic EPS (TTM)
23.65Dividend Yield
0.01%Recent Filings
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
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
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.
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.
8-K
Board elects Embree; meeting approves key items
Lennox International elected Tracy A. Embree, former President of Otis Americas, to its Board as a Class III Director effective June 1, 2025, with her term expiring in 2028; she joins the Governance and Compensation committees. At the May 22 annual meeting, stockholders elected Alok Maskara and Soma Somasundaram as Class III directors, approved executive compensation with 93% support, and ratified Ernst & Young as auditors for 2025. Embree's addition bolsters board expertise in growth and operations. Yet, her independence strengthens oversight.
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