Lennox International designs and manufactures heating, ventilation, air conditioning and refrigeration equipment for homes and commercial buildings. Its products include furnaces, heat pumps, air conditioners and commercial rooftop units, sold mainly through independent dealers, distributors and its own stores. Revenue comes from equipment sales and replacement parts, and demand is influenced by housing activity, weather, building codes and replacement cycles for existing systems.
Revenue over the last twelve months was $5.3 billion, with growth of 3.3% a year over three years. The operating margin stands at 19.7%. The return on invested capital is shown as 31%. Net debt to EBITDA is 1.3 times. Shareholders receive a dividend yielding 1.5%. Its X-Ray Score is 62 out of 100. These numbers describe past results and current financial position, and they are shown for reference only.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $340.32 – $585.05Volume 589,500Daily, split-adjusted
Vitals
Market cap$12.5B
52-week range$340.32 – $585.05
Volume (last day)589,500
P/E (TTM)15.9
EBIT / EV yield7.4%
Free-cash-flow yield5.3%
Dividend yield1.5%
Revenue (TTM)$5.3B
Net income (TTM)$794M
Operating margin19.7%
Return on capital31.2%
Debt incl. leases$1.5B
Cash & securities$50M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$669model spread $615 – $733
Undervalued+86.9% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationStrong
86/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.4%
Free-cash-flow yield5.3%
Fair value vs price1.9×
GrowthWeak
50/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)3.3%
EPS growth (3y)18.0%
Growth consistency70%
ProfitabilityFair
58/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital31.2%
Operating margin19.7%
Gross profitability40.7%
Financial healthFair
51/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA1.3×
Interest cover20.8×
DividendsFair
58/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.5%
Dividends vs free cash flow28%
Dividend growth6.8%
Quarterly results: last 6 quarters
+16.5%Dec '24
+2.4%Mar '25
+3.4%Jun '25
-4.8%Sep '25
-11.2%Dec '25
+5.8%Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.1B, diluted EPS $3.35.
Each check is graded against the company's sector, not a fixed number. Checklist score 65/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$4.2B
$4.7B
$5.0B
$5.3B
$5.2B
Operating income
$590M
$656M
$792M
$1.0B
$1.0B
Net income
$464M
$497M
$591M
$811M
$806M
Operating cash flow
$516M
$302M
$736M
$946M
$758M
Operating margin
14.1%
13.9%
15.9%
19.5%
20.0%
Free cash flow
$409M
$201M
$486M
$782M
$639M
Diluted EPS
$12.39
$13.88
$16.58
$22.66
$22.79
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
3 bullish · 4 neutral · 9 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
SMA 10
357.5
Bullish
EMA 10
357.1
Bullish
SMA 20
360.7
Bearish
EMA 20
361.4
Bearish
SMA 50
379.3
Bearish
EMA 50
387.4
Bearish
SMA 100
449.1
Bearish
EMA 100
423.7
Bearish
SMA 200
476.7
Bearish
EMA 200
460.1
Bearish
Oscillators (daily)
RSI (14)
43.04
Neutral
MACD (12, 26)
-7.80
Bearish
Momentum (12)
0.76
Bullish
Stochastic %K (14)
55.23
Neutral
Williams %R (14)
-44.77
Neutral
CCI (20)
-30.62
Neutral
Pivot points (classic, last session)
S3
342.8
S2
348.0
S1
352.9
Pivot
358.0
R1
362.9
R2
368.0
R3
372.9
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
5.32 USD
Yield on today's price
1.49%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
30 Sep 2026
1.3600
30 Jun 2026
1.3600
31 Mar 2026
1.3000
31 Dec 2025
1.3000
30 Sep 2025
1.3000
30 Jun 2025
1.3000
30 Apr 2025
1.1500
31 Dec 2024
1.1500
30 Sep 2024
1.1500
28 Jun 2024
1.1500
27 Mar 2024
1.1000
28 Dec 2023
1.1000
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.