Lennox International

Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories. The Commercial Heating & Cooling segment sells unitary heating and cooling equipment used in light commercial applications. The Refrigeration segment includes retail equipment for the commercial refrigeration market including condensing unit, unit coolers, fluid, coolers, air cooled condensers, supermarket display cases, and systems. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lennox International reports robust Q4 performance and strategic growth outlook

Lennox International (LII) delivered a strong performance in Q4 2022, with record revenues and profit in key segments.
Despite challenges in maintaining growth momentum and increased capital spending, the company remains focused on strategic initiatives.
Opportunities lie in new product launches, commercial profit recovery, and strategic divestitures for future growth.
Overall, Lennox is well-positioned to navigate challenges and capitalize on opportunities in 2023.

Lennox International reports record earnings, focuses on margin recovery

Lennox International maintains full-year financial guidance with a focus on margin recovery.
Company aims to improve inventory turns and optimize margins through pricing actions.
Preparation for 2025 transition with investments in service levels and product mix.

Lennox International achieves record Q2 results, eyes growth opportunities

Lennox International's Q2 2023 performance reflects a mixed segment outlook, with strong commercial results and residential challenges. Strategic initiatives and investments in the refrigerant transition position the company for future growth.

Lennox International (LII) reports record Q3 performance and eyes growth

Lennox International (LII) delivered strong financial performance in Q3 2023, driven by record revenue and profit across residential and commercial segments.
The company's strategic moves, including the acquisition of AES and pricing initiatives, position it well for future growth and margin improvement.
While facing challenges such as seasonal impacts and absorption headwinds, Lennox remains optimistic about its outlook, focusing on operational excellence and market effectiveness.

Lennox International posts robust Q4 earnings, eyes growth opportunities

Lennox International (LII) delivered strong financial results in Q4 2023, with significant growth in adjusted EPS and core revenue, setting a positive tone for 2024.
The company's focus on operational excellence, strategic investments, and long-term financial goals positions it well for sustained growth and market leadership.
While facing challenges in the market environment, Lennox International remains confident in its ability to navigate uncertainties and drive profitability through effective cost management and growth strategies.
Opportunities for expansion through industry consolidation, international markets, and product innovations present avenues for future growth and enhanced shareholder value.

Lennox International reports record Q1 profits and strategic growth

Lennox International (LII) had a strong Q1 2024 with record profit margins and growth in adjusted earnings per share.
The company is well-prepared for industry transitions and is focused on improving distribution and expanding its market presence.
While facing working capital challenges and pricing pressures, Lennox sees opportunities in product efficiency and commercial segment growth.
Overall, Lennox's performance in Q1 sets a positive tone for the year ahead with revised fiscal guidance and strategic initiatives in place.

Lennox International (LII) reports robust Q2 earnings and strategic growth outlook

Lennox International (LII) delivered strong financial performance in Q2 2024, with a focus on revenue growth, margin expansion, and strategic partnerships. The company remains optimistic about growth opportunities and is actively addressing challenges such as market transitions and investments. Analyst inquiries during the earnings call highlighted a keen interest in the company's performance metrics and future outlook.

Lennox International achieves record Q3 results, eyes market opportunities

Lennox International's Q3 2024 performance reflects a strong financial position, driven by revenue growth, operational efficiency, and strategic investments.
While challenges exist in sales mix alignment and market transitions, the company's proactive stance on market trends and opportunities bodes well for future growth.
By focusing on optimizing operations, embracing market shifts, and capitalizing on identified opportunities, Lennox is poised for continued success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following segments: Home Comfort Solutions, Building Climate Solutions, and Corporate and Other. The Home Comfort Solutions segment is involved in furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts, and supplies. The Building Climate Solutions segment consists of unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, curb, curb adapters, drop box diffusers, HVAC recycling and salvage service, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, and compressor racks. The Corporate and Other segment refers to the unitary heating and air conditioning equipment, chillers, air handlers, fan coils, fluid coolers, and compressor racks. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

Lennox was named to the Wall Street Journal's list of 2024 Best-Managed Companies, highlighting its commitment to business excellence and strategic growth. DALLAS , Dec. 19, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate control solutions, was selected for the Wall Street Journal's prestigious list of 2024 Best-Managed Companies for the second consecutive year.

Lennox Recognized on Wall Street Journal's 2024 List of Best-Managed Companies

Heating and air conditioning equipment maker Lennox International Inc. is replacing contract drug maker Catalent Inc. in the S&P 500.

This industrials company is joining the S&P 500 soon

Bill.com

Catalent

NEW YORK , Dec. 18, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Lennox International Inc. (NYSE: LII) will replace Catalent Inc. (NYSE: CTLT) in the S&P 500, and BILL Holdings Inc. (NYSE: BILL) will replace Lennox International in the S&P MidCap 400 effective prior to the opening of trading on Monday, December 23. Novo Holdings A/S has acquired Catalent in a deal that closed today, December 18.

Lennox International Set to Join S&P 500 and BILL Holdings to Join S&P MidCap 400

DALLAS , Dec. 6, 2024 /PRNewswire/ -- The board of directors of Lennox (NYSE: LII) voted to declare a quarterly cash dividend of $1.15 per share of common stock. The dividend is payable on January 15, 2025, to stockholders of record as of December 31, 2024.

Lennox Declares Quarterly Dividend and Announces Annual Meeting

Through this integrated platform, dealers will benefit from local consumer traffic to their websites for system replacement and maintenance needs. RICHARDSON, Texas , Nov. 18, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, is proud to announce a groundbreaking partnership with Contractor Commerce, a leading e-commerce platform for HVAC contractors.

Lennox Partners with Contractor Commerce to Extend Innovative E-commerce Capabilities to Dealers

I rate Lennox International a Buy, expecting a 12.36% share price increase, driven by strong recent results and its transformation plan. Lennox has grown net income from $51 million in 2009 to $590 million in 2023, with projections of $645 million this year. The company's Q3 earnings beat estimates, showing double-digit revenue growth and significant progress on its Lennox Unified Management System.

Lennox's Transformation Plan Helps Drive Higher Bottom Lines

Lennox (LII) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Lennox International, Inc. (LII) Hits Fresh High: Is There Still Room to Run?

The Lennox SL25KCV Air Conditioner pushes the boundaries of precision and efficiency, consistently delivering perfect air for the home. RICHARDSON, Texas , Nov. 7, 2024 /PRNewswire/ -- Lennox Residential HVAC, a trusted home comfort solutions and energy-efficiency innovator since 1895, announced the latest addition to its industry-leading Dave Lennox Signature ® Collection with the launch of the SL25KCV Air Conditioner, the most precise and efficient air conditioner availablei.

Lennox Introduces Most Efficient Air Conditioner with Low GWP

ResMed

Tractor Supply

Here are three attractive stocks to buy that will give you a healthy mix of growth and dividends.

My 3 Favorite Stocks to Buy Right Now

Lennox International Inc. (LII) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Lennox (LII) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Lennox (LII) Q3 Earnings: A Look at Key Metrics

Lennox International (LII) came out with quarterly earnings of $6.68 per share, beating the Zacks Consensus Estimate of $5.95 per share. This compares to earnings of $5.37 per share a year ago.

Lennox International (LII) Tops Q3 Earnings and Revenue Estimates

Q3 Highlights (All comparisons are year-over-year, unless otherwise noted)(Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023) Revenue $1.5 billion – Core revenue up 15%, including 2% growth from acquisitions GAAP Operating Income $303 million – Adjusted segment profit up 21% to $303 million GAAP diluted EPS $6.68 – Adjusted diluted EPS up 24% to $6.68 Net cash from operations was $452 million – Free cash flow was $412 million, up 50% Raising FY guidance to 10% revenue growth, EPS to $20.75-$21.00 and cash flow to $575 - $650 million Highlights from recent press announcements: Company announced CLO, John Torres, has elected to retire and is being succeeded by Monica Brown, effective January 1, 2025. DALLAS , Oct. 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported third quarter financial results with $1.5 billion of revenue, a record $303 million of operating income and $6.68 GAAP diluted earnings per share.

Lennox Reports Third Quarter Results and Raises Full Year Guidance

DALLAS , Oct. 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII) announced today that Executive Vice President, Chief Legal Officer and Secretary John Torres has elected to retire effective February 28, 2025, after a distinguished 16 years with the company. Monica Brown, Vice President and Deputy General Counsel, will succeed Torres as Executive Vice President, Chief Legal Officer and Secretary effective January 1, 2025.

Lennox Announces Chief Legal Officer Transition Plan

Lennox (LII) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Lennox (LII) Beat Estimates Again in Its Next Earnings Report?

Through the Feel The Love program, sponsored by the LII Lennox Foundation, Lennox and its dealer network supply and install new HVAC units to local community heroes throughout North America. RICHARDSON, Texas , Oct. 17, 2024 /PRNewswire/ -- Marking its 15th year anniversary, Feel The Love, sponsored by the LII Lennox Foundation, donated 413 heating and cooling (HVAC) units to deserving homeowners during Installation Week, which occurred from October 5-12.

Lennox Donates 400+ HVAC Units to Homeowners in Need to Provide Year-Round Comfort

Lennox (LII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lennox International (LII) Earnings Expected to Grow: Should You Buy?

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Lennox International Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

RICHARDSON, Texas , Oct. 3, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report third quarter 2024 financial results before the market opens on Wednesday, October 23, 2024. An earnings conference call and webcast are scheduled for the same day at 8:30 a.m.

Lennox Schedules Third Quarter Results

DALLAS , Sept. 20, 2024 /PRNewswire/ -- The Lennox board of directors (NYSE: LII) approved a quarterly cash dividend of $1.15 per share of common stock, payable October 15, 2024, to stockholders of record as of September 30, 2024.

Lennox Declares Quarterly Dividend

O'Reilly Automotive

Williams-Sonoma

I'm always looking for investment ideas to share with readers. I don't care if it's an original idea; what matters is that it provides alternatives.

3 Value Stocks to Buy for Long-Term Returns on Invested Capital

Does Lennox International (LII) have what it takes to be a top stock pick for momentum investors? Let's find out.

Lennox International (LII) is a Great Momentum Stock: Should You Buy?

The Lennox leadership team will ring the closing bell at the NYSE on July 29, 2024, to commemorate the 25th anniversary of its initial public offering in 1999. DALLAS , July 29, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions, marks a significant milestone at the New York Stock Exchange (NYSE) as it celebrates the 25th anniversary of its initial public offering (IPO).

Lennox to Celebrate 25th Anniversary of IPO with Ringing of Closing Bell at the New York Stock Exchange on July 29

Lennox International, Inc. (NYSE:LII ) Q2 2024 Earnings Conference Call July 24, 2024 9:30 AM ET Company Participants Chelsey Pulcheon – Investor Relations Alok Maskara – Chief Executive Officer Michael Quenzer – Executive Vice President and Chief Financial Officer Conference Call Participants Ryan Merkel – William Blair Damian Karas – UBS Tommy Moll – Stephens Inc. Jeff Sprague – Vertical Research Partners Nigel Coe – Wolfe Research Julian Mitchell – Barclays Noah Kaye – Oppenheimer Joe Ritchie – Goldman Sachs Jeff Hammond – KeyBanc Capital Markets Brett Linzey – Mizuho Steve Volkmann – Jefferies Joe O'Dea – Wells Fargo Nicole DeBlase – Deutsche Bank Deane Dray – RBC Capital Markets Steve Tusa – JPMorgan Gautam Khannal – TD Cowen Operator Welcome to the Lennox Second Quarter 2024 Earnings Conference Call. All lines are currently in a listen-only mode and there will be a question-and-answer session at the end of the presentation.

Lennox International, Inc. (LII) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Lennox (LII) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for Lennox International Stock (LII)