Legence (LGN) Gross Margin (2024 - 2026)
Legence (LGN) posted Gross Margin of 17.45% for Q2 2026, down 12.73% on a QoQ basis from 19.99% in Q4 2025, and down 404.0% year-over-year from 5.74% in Q2 2025.
Analysis
Legence (LGN) Gross Margin (2024 - 2026) Analysis & Trends
Legence has reported Gross Margin for 3 years, with the latest figure at 17.45% in Q2 2026.
- On a quarterly basis, Gross Margin fell 404.0% year-over-year to 17.45% in Q2 2026; TTM through Jun 2026 was 19.49%, a N/A change from a year earlier, with the FY2025 full-year figure at 21.01%, up 49.0% from the prior year.
- Gross Margin was 17.45% for Q2 2026 at Legence, down from 19.99% in the prior quarter.
- The five-year high for Gross Margin was 21.49% in Q2 2025, with the low at 17.45% in Q2 2026.
- Average Gross Margin over 3 years is 20.26%, with a median of 20.76% recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Gross Margin decreased 23 bps in 2025, then sank 404 bps in 2026.
- Over 3 years, Gross Margin stood at 20.6% in 2024, then slipped by 3 bps to 19.99% in 2025, then retreated by 13 bps to 17.45% in 2026.
- The last three Gross Margin figures came in at 17.45% (Q2 2026), 19.99% (Q4 2025), and 20.91% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.54 Bn | 97.25 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 87.78 Bn | 87.18 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 56.67 Bn | 54.82 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 49.23 Bn | 48.21 Bn | 1.94 Bn | 30.59% |
| 5 | Lennox International | 13.50 Bn | 13.44 Bn | 539.50 Mn | 34.91% |
| 6 | Modine Manufacturing | 10.26 Bn | 10.20 Bn | - | - |
| 7 | SPX Technologies | 9.84 Bn | 9.67 Bn | 272.80 Mn | 40.18% |
| 8 | Smith A O | 8.22 Bn | 8.04 Bn | 387.80 Mn | 38.61% |
| 9 | Aaon | 6.55 Bn | 6.55 Bn | 152.49 Mn | 24.32% |
| 10 | Legence | 5.72 Bn | 5.81 Bn | 220.23 Mn | 17.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.45% |
| Dec 31, 2025 | 19.99% |
| Sep 30, 2025 | 20.91% |
| Jun 30, 2025 | 21.49% |
| Dec 31, 2024 | 20.60% |
| Sep 30, 2024 | 21.14% |