Lennox International Inc. (LII) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.14B | 1.2B | 1.43B | 1.5B | 1.07B | 1.34B | 1.5B | 1.45B | 1.05B | 1.15B | 1.37B | 1.41B | 1.05B | 1.09B | 1.24B | 1.37B | 1.01B | 964.8M | 1.06B | 1.24B |
| Revenue Growth % | 5.83% | -11.15% | -4.76% | 3.43% | 2.44% | 16.47% | 9.65% | 2.81% | -0.22% | 5.58% | 9.75% | 3.3% | 3.55% | 13.37% | 17.45% | 10.27% | 8.91% | 5.56% | 0.46% | 31.63% |
| Cost of Goods Sold | 783.8M | 805.7M | 951.8M | 978.4M | 744.1M | 889.7M | 1.01B | 962.9M | 707.1M | 800M | 937.8M | 953.6M | 742.8M | 808.6M | 910.7M | 969.2M | 745.2M | 711.2M | 764.7M | 855.8M |
| COGS % of Revenue | 69.05% | 67.42% | 66.71% | 65.19% | 69.37% | 66.15% | 67.4% | 66.36% | 67.53% | 69.28% | 68.64% | 67.56% | 70.78% | 73.93% | 73.15% | 70.94% | 73.53% | 73.71% | 72.15% | 69.07% |
| Gross Profit | 351.3M | 389.3M | 475M | 522.5M | 328.5M | 455.3M | 488.4M | 488.2M | 340M | 354.8M | 428.5M | 457.8M | 306.6M | 285.2M | 334.2M | 397.1M | 268.2M | 253.6M | 295.2M | 383.2M |
| Gross Margin % | 30.95% | 32.58% | 33.29% | 34.81% | 30.63% | 33.85% | 32.6% | 33.64% | 32.47% | 30.72% | 31.36% | 32.44% | 29.22% | 26.07% | 26.85% | 29.06% | 26.47% | 26.29% | 27.85% | 30.93% |
| Gross Profit Growth % | 6.94% | -14.5% | -2.74% | 7.03% | -3.38% | 28.33% | 13.98% | 6.64% | 10.89% | 24.4% | 28.22% | 15.29% | 14.32% | 12.46% | 13.21% | 3.63% | 4.56% | -7.88% | -8.69% | 38.99% |
| Operating Expenses | 185.2M | 193.5M | 164.8M | 168.5M | 172.9M | 210.7M | 185.1M | 168.1M | 173.2M | 169.5M | 241.7M | 179M | 167.1M | 153.6M | 148.4M | 170.2M | 156.3M | 156M | 132.5M | 167.2M |
| OpEx % of Revenue | 16.32% | 16.19% | 11.55% | 11.23% | 16.12% | 15.67% | 12.36% | 11.58% | 16.54% | 14.68% | 17.69% | 12.68% | 15.92% | 14.04% | 11.92% | 12.46% | 15.42% | 16.17% | 12.5% | 13.49% |
| Selling, General & Admin | 185.2M | 175.2M | 161.6M | 173.3M | 171.3M | 207M | 184.4M | 168.5M | 170.7M | 177.9M | 178.9M | 181.3M | 167.5M | 155M | 147.3M | 169.6M | 155.3M | 151.5M | 134.2M | 167.8M |
| SG&A % of Revenue | 16.32% | 14.66% | 11.33% | 11.55% | 15.97% | 15.39% | 12.31% | 11.61% | 16.3% | 15.41% | 13.09% | 12.85% | 15.96% | 14.17% | 11.83% | 12.41% | 15.32% | 15.7% | 12.66% | 13.54% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 700K | -400K | 1000K | -1000K | 1000K | -1000K | -400K | -1000K | 1000K | 600K | 1000K | 1000K | -1000K | -600K |
| Operating Income | 166.1M | 195.8M | 310.2M | 354M | 155.6M | 244.6M | 303.3M | 320.1M | 166.8M | 185.3M | 186.8M | 278.8M | 139.5M | 131.6M | 185.8M | 226.9M | 111.9M | 97.6M | 162.7M | 216M |
| Operating Margin % | 14.63% | 16.38% | 21.74% | 23.59% | 14.51% | 18.19% | 20.25% | 22.06% | 15.93% | 16.05% | 13.67% | 19.75% | 13.29% | 12.03% | 14.92% | 16.61% | 11.04% | 10.12% | 15.35% | 17.43% |
| Operating Income Growth % | 6.75% | -19.95% | 2.27% | 10.59% | -6.71% | 32% | 62.37% | 14.81% | 19.57% | 40.81% | 0.54% | 22.87% | 24.66% | 34.84% | 14.2% | 5.05% | -1.93% | -29.78% | -2.63% | 58.82% |
| EBITDA | 195.3M | 194.6M | 362.6M | 380.8M | 181.2M | 270.1M | 323.7M | 345.3M | 190.8M | 209.3M | 208.3M | 299.7M | 159.1M | 153.3M | 204.2M | 245.9M | 130.7M | 116.7M | 180.4M | 234.2M |
| EBITDA Margin % | 17.21% | 16.28% | 25.41% | 25.37% | 16.89% | 20.08% | 21.61% | 23.8% | 18.22% | 18.12% | 15.25% | 21.23% | 15.16% | 14.02% | 16.4% | 18% | 12.9% | 12.1% | 17.02% | 18.9% |
| EBITDA Growth % | 7.78% | -27.95% | 12.02% | 10.28% | -5.03% | 29.05% | 55.4% | 15.22% | 19.92% | 36.53% | 2.01% | 21.88% | 21.73% | 31.36% | 13.19% | 5% | -0.61% | -25.29% | -2.28% | 51.19% |
| D&A (Non-Cash Add-back) | 29.2M | 0 | 52.4M | 26.8M | 25.6M | 25.5M | 20.4M | 25.2M | 24M | 24M | 21.5M | 20.9M | 19.6M | 21.7M | 18.4M | 19M | 18.8M | 19.1M | 17.7M | 18.2M |
| EBIT | 166.1M | 194.6M | 309.3M | 353.3M | 154.6M | 249.6M | 302.8M | 319.5M | 166M | 189M | 186.4M | 278.7M | 139.3M | 133.2M | 185.1M | 226M | 111.2M | 97.4M | 161.3M | 215.1M |
| Net Interest Income | -15.2M | -15.9M | -10.5M | -8.3M | -6.2M | -5.5M | -8.9M | -12.5M | -11.8M | -11.3M | -11.2M | -15M | -14.2M | -12.6M | -10.5M | -8.7M | -6.8M | -6.2M | -6.5M | -6.4M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 15.2M | 15.9M | 10.5M | 8.3M | 6.2M | 5.5M | 8.9M | 12.5M | 11.8M | 15.6M | 11.2M | 15M | 14.2M | 12.6M | 10.5M | 8.7M | 6.8M | 6.2M | 6.5M | 6.4M |
| Other Income/Expense | -19.2M | -17.1M | -11.4M | -9M | -7.2M | -5.9M | -9.4M | -13.1M | -12.6M | -11.9M | -11.6M | -15.1M | -14.4M | -12.1M | -11.2M | -9.6M | -7.5M | -7.4M | -7.9M | -7.3M |
| Pretax Income | 146.9M | 178.7M | 298.8M | 345M | 148.4M | 238.7M | 293.9M | 307M | 154.2M | 173.4M | 175.2M | 263.7M | 125.1M | 119.5M | 174.6M | 217.3M | 104.4M | 90.2M | 154.8M | 208.7M |
| Pretax Margin % | 12.94% | 14.95% | 20.94% | 22.99% | 13.84% | 17.75% | 19.62% | 21.16% | 14.73% | 15.02% | 12.82% | 18.68% | 11.92% | 10.93% | 14.03% | 15.9% | 10.3% | 9.35% | 14.61% | 16.84% |
| Income Tax | 29.7M | 36.2M | 53M | 67.4M | 28.1M | 41M | 54.9M | 61.1M | 29.9M | 28.9M | 44.8M | 46.5M | 27.1M | 25.1M | 32.7M | 40.1M | 20.8M | 6.7M | 28.5M | 38.7M |
| Effective Tax Rate % | 20.22% | 20.26% | 17.74% | 19.54% | 18.94% | 17.18% | 18.68% | 19.9% | 19.39% | 16.67% | 25.57% | 17.63% | 21.66% | 21% | 18.73% | 18.45% | 19.92% | 7.43% | 18.41% | 18.54% |
| Net Income | 117.2M | 142.5M | 245.8M | 277.6M | 120.3M | 197.7M | 239M | 245.9M | 124.3M | 144.5M | 130.4M | 217.2M | 98M | 94.4M | 141.9M | 177.2M | 83.6M | 83.6M | 126.3M | 170M |
| Net Margin % | 10.33% | 11.92% | 17.23% | 18.5% | 11.22% | 14.7% | 15.95% | 16.95% | 11.87% | 12.51% | 9.54% | 15.39% | 9.34% | 8.63% | 11.4% | 12.97% | 8.25% | 8.67% | 11.92% | 13.72% |
| Net Income Growth % | -2.58% | -27.92% | 2.85% | 12.89% | -3.22% | 36.82% | 83.28% | 13.21% | 26.84% | 53.07% | -8.1% | 22.57% | 17.22% | 12.92% | 12.35% | 4.24% | -0.71% | -25.16% | -4.1% | 70% |
| Net Income (Continuing) | 117.2M | 142.5M | 245.8M | 277.6M | 120.3M | 197.7M | 239M | 245.9M | 124.3M | 144.5M | 130.4M | 217.2M | 98M | 94.4M | 141.9M | 177.2M | 83.6M | 83.5M | 126.3M | 170M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.35 | 4.07 | 6.96 | 7.82 | 3.37 | 5.52 | 6.68 | 6.87 | 3.47 | 4.04 | 3.65 | 6.10 | 2.75 | 2.65 | 4.00 | 4.96 | 2.29 | 2.27 | 3.41 | 4.51 |
| EPS Growth % | -0.59% | -26.27% | 4.19% | 13.83% | -2.88% | 36.63% | 83.01% | 12.62% | 26.18% | 52.45% | -8.75% | 22.98% | 20.09% | 16.74% | 17.3% | 9.98% | 4.09% | -21.45% | -0.29% | 73.46% |
| EPS (Basic) | 3.37 | 4.08 | 6.98 | 7.86 | 3.39 | 5.55 | 6.71 | 6.91 | 3.49 | 4.06 | 3.67 | 6.12 | 2.76 | 2.67 | 4.01 | 4.98 | 2.30 | 2.28 | 3.43 | 4.55 |
| Diluted Shares Outstanding | 35M | 35.1M | 35.5M | 35.5M | 35.7M | 35.8M | 35.8M | 35.8M | 35.8M | 35.8M | 35.7M | 35.6M | 35.6M | 35.6M | 35.5M | 35.7M | 36.5M | 36.8M | 37M | 37.7M |
| Basic Shares Outstanding | 34.8M | 34.9M | 35.3M | 35.3M | 35.5M | 35.8M | 35.6M | 35.6M | 35.6M | 35.6M | 35.5M | 35.5M | 35.5M | 35.4M | 35.4M | 35.6M | 36.3M | 36.6M | 36.8M | 37.4M |
| Dividend Payout Ratio | 38.57% | 32% | 30.76% | 14.7% | 34% | 20.74% | 17.15% | 15.94% | 31.46% | 106.16% | 59.97% | 17.31% | 38.37% | - | 52.92% | 18.74% | 40.31% | 40.31% | 27.08% | 17.12% |