LGN vs LII vs JCI Stock Comparison

Legence, Lennox International and Johnson Controls International Prices as of Oct 29, 2026 Peers: Industry group
LGN Legence Corp.
$41.89 -22.0% 1M +0.8% 1Y
Market cap
$2.95B
P/E
–
Revenue (TTM)
$3.31B
Div. yield
–
HVAC Industrials

Head to Head

10 decided of 12

Lennox International leads on 6 of the 12 questions below (Lennox International 6, Johnson Controls International 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLGNLIIJCILeader
Larger companyMarket capitalisation $2.95B $11.79B $90.50B JCI
Cheaper on earningsLower P/E, profitable companies only -44.4x 15.7x 31.7x LII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.4x 15.4x 24.7x LII
Faster revenue growthRevenue growth, trailing twelve months — +1.9% — –
More profitableNet margin, trailing twelve months -2.0% 13.8% — LII
Better return on capitalReturn on invested capital 2.1% 27.6% — LII
Less leveragedLower net debt / EBITDA 4.7x 1.4x — LII
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +0.8% -28.6% +39.6% JCI
Better 5-year returnAnnualised price return, 5 years — +3.1%/yr +16.6%/yr JCI
Less volatileAnnualised volatility, 1 year 73.0% 42.8% 31.7% JCI
Higher overall scoreMean of the five percentile scores vs peers 18/100 63/100 37/100 LII

Percentile Scorecard

LGNLIIJCI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLGNLIIJCI
Valuation 19 #45 of 55 61 #22 of 55 9 #50 of 55
Growth – 56 #23 of 51 80 #11 of 51
Profitability 15 #42 of 49 100 #1 of 49 –
Financial Health 20 #44 of 55 28 #40 of 55 –
Shareholder Returns – 72 #12 of 40 23 #31 of 40
Overall 18 63 37
  • LGN ranked among 59 companies in Construction Products
  • LII ranked among 59 companies in Construction Products
  • JCI ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLGNLIIJCISPY
1 month -22.0%-3.3%+5.9% +0.7%
3 months -30.0%-16.6%+10.0% +3.7%
6 months -51.8%-34.9%+8.4% +7.1%
Year to date -2.7%-28.3%+32.1% +12.8%
1 year +0.8%-28.6%+39.6% +11.9%
3 years —-4.7%+225.5% +85.2%
3 years, per year —-1.6%+48.2% +22.8%
5 years —+16.3%+115.7% +67.6%
5 years, per year —+3.1%+16.6% +10.9%
10 years —+137.8%+261.6% +262.0%
10 years, per year —+9.0%+13.7% +13.7%

Risk

MeasureLGNLIIJCISPY
Volatility, 1Y 73.0%42.8%31.7% 12.7%
Downside volatility, 1Y 78.5%48.6%32.8% 12.6%
Beta vs S&P 500, 1Y 2.791.291.16 1.00
Return / volatility, 1Y 0.01-0.671.25 0.94
Max drawdown, 5Y -64.7%-51.0%-43.1% -25.4%
From 52-week high -59.0%-39.2%-0.3% -1.2%
52-week high $102.27$572.95$158.77 $779.14
52-week low $33.32$332.41$110.85 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLGNLIIJCI
P/E now vs peer median -48.0xmedian 20.3x 16.0xmedian 20.3x 33.7xmedian 20.3x
P/S now vs peer median 1.4xmedian 1.6x 2.2xmedian 1.6x 3.6xmedian 1.6x
EV/EBITDA now vs peer median 33.1xmedian 12.6x 11.7xmedian 12.6x —median 12.6x
P/FCF now vs peer median —median 16.9x 14.3xmedian 16.9x 28.6xmedian 16.9x
P/B now vs peer median 4.6xmedian 3.0x 9.0xmedian 3.0x 7.0xmedian 3.0x
PEG now vs peer median —median 1.13 1.24median 1.13 1.67median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLGNLIIJCI
Revenue $3.31B $5.45B –
Gross profit $644.45M $1.78B $9.52B
Operating income $38.41M $1.03B –
Net income -$90.65M $749.90M –
Free cash flow – $835.70M –
EPS (diluted) $-0.87 $21.74 $4.68
Cash & equivalents $291.98M $43.30M $618.00M
Total debt $4.30B $1.62B –
Shares (diluted) 76.03M 34.50M 610.00M
Enterprise value $2.17B $11.61B $90.50B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLGNLIIJCI
P/E -48.0x 16.0x 33.7x
P/FCF – 14.3x 28.6x
P/Operating cash flow – 12.0x 24.8x
P/S 1.4x 2.2x 3.6x
P/B 4.6x 9.0x 7.0x
P/Tangible book 24.4x 12.1x 9.4x
EV/EBITDA 33.1x 11.7x –
EV/EBIT 137.2x 13.1x –
EV/Revenue 1.6x 2.5x –
EV/FCF – 16.1x –
EV/Operating cash flow – 13.6x 24.8x
PEG (3Y EPS CAGR) – 1.24 1.67

Growth

14 metrics
MetricLGNLIIJCI
Revenue growth (1Y) – 1.9% –
Revenue CAGR (3Y) – 3.4% –
Gross profit growth (1Y) – -1.6% 10.7%
Gross profit CAGR (3Y) – 6.3% 6.8%
Operating income growth (1Y) – -6.4% –
Operating income CAGR (3Y) – 11.7% –
Net income growth (1Y) – -13.3% –
Net income CAGR (3Y) – 11.6% –
EPS growth (1Y) – -11.6% -7.0%
EPS CAGR (3Y) – 12.8% 20.2%
Operating cash flow growth (1Y) – 44.6% 51.6%
Operating cash flow CAGR (3Y) – 20.7% 27.8%
Free cash flow growth (1Y) – 56.4% –
Free cash flow CAGR (3Y) – 27.5% –

Profitability

14 metrics
MetricLGNLIIJCI
Gross margin 19.5% 32.6% –
EBITDA margin 4.8% 21.2% –
Operating margin 1.2% 18.8% –
Pretax margin -1.9% 17.6% –
Net margin -2.0% 13.8% –
FCF margin – 15.3% –
Operating cash flow margin – 18.2% –
Return on equity -10.5% 57.4% 21.1%
Return on assets -2.9% 16.2% 7.3%
Return on invested capital 2.1% 27.6% –
Return on capital employed 1.9% 36.9% –
Asset turnover 1.0x 1.2x –
Cash conversion (OCF / net income) – 1.3x –
Stock comp / revenue – 0.4% –

Financial Health

11 metrics
MetricLGNLIIJCI
Debt / assets 27.7% 34.6% –
Debt / equity 1.1x 1.2x –
Net debt / EBITDA 4.7x 1.4x –
Debt / FCF – 1.9x –
Liabilities / assets 73.9% 71.9% –
Equity / assets 26.1% 28.1% 33.9%
Interest coverage 0.4x 16.2x –
Current ratio 1.3x 1.2x 0.9x
Quick ratio 1.3x 0.5x –
Cash ratio 0.2x 0.0x –
Altman Z-score 1.92 5.70 –

Shareholder Returns

7 metrics
MetricLGNLIIJCI
Dividend yield – 1.5% 1.0%
Net buyback yield – 3.7% –
Shareholder yield – 5.3% 1.0%
Payout ratio (earnings) – 24.4% –
Payout ratio (FCF) – 21.9% –
Dividend growth (1Y) – 8.7% –
Dividend CAGR (3Y) – 6.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLGNLIIJCI
Forward P/E 30.4xFY2026 15.4xFY2026 24.7xFY2027
EPS, next fiscal year $1.38FY2026 $22.65FY2026 $6.41FY2027
EPS growth, next FY – -2.2%FY2026 +36.6%FY2027
EPS growth, the year after +79.0% +7.9% +8.4%
Revenue, next fiscal year $4.58BFY2026 $5.75BFY2026 $26.80BFY2026
Revenue growth, next FY +79.7%FY2026 +10.5%FY2026 +13.6%FY2026
Revenue growth, the year after +22.8% +7.7% +6.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLGNLIIJCI
Held by institutions 100.0% 77.3% 89.5%
Institutions holding 265 656 1,598
Change in shares held, QoQ +17.6% +1.8% -1.1%
Institutions buying 194 316 791
Institutions selling 58 236 557
Buyers to sellers 3.34 1.34 1.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LGNLIIJCI
LGN 1.00 0.20 0.42
LII 0.20 1.00 0.30
JCI 0.42 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LGN, LII and JCI?

Johnson Controls International (JCI) is the largest by market capitalisation: Legence (LGN) $2.95B, Lennox International (LII) $11.79B, Johnson Controls International (JCI) $90.50B.

Which stock is cheaper, LGN, LII and JCI?

Lennox International (LII) trades on the lowest price-to-earnings ratio (Legence (LGN) -44.4x, Lennox International (LII) 15.7x, Johnson Controls International (JCI) 31.7x). On next year's consensus earnings, Lennox International (LII) is cheapest (Legence (LGN) 30.4x, Lennox International (LII) 15.4x, Johnson Controls International (JCI) 24.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is more profitable?

Lennox International (LII) has the highest net margin (Legence (LGN) -2.0%, Lennox International (LII) 13.8%). On return on invested capital, Lennox International (LII) leads (Legence (LGN) 2.1%, Lennox International (LII) 27.6%).

Which stock has performed better?

Over the past year Johnson Controls International (JCI) returned the most: Legence (LGN) +0.8%, Lennox International (LII) -28.6%, Johnson Controls International (JCI) +39.6%. Over five years, Johnson Controls International (JCI) compounded fastest (Lennox International (LII) +3.1%/yr, Johnson Controls International (JCI) +16.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Legence (LGN) 0.00%, Lennox International (LII) 0.02%, Johnson Controls International (JCI) 0.00%. Legence (LGN) and Johnson Controls International (JCI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Johnson Controls International (JCI) has been the steadiest (Legence (LGN) 73.0%, Lennox International (LII) 42.8%, Johnson Controls International (JCI) 31.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LGN, LII and JCI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lennox International (LII) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.