Legence LGN
NASDAQ LGN
$55.22 -1.82 (-3.19%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%