Lennox International (LII) Asset Utilization Ratio (2010 - 2026)
Lennox International's Asset Utilization Ratio came in at 1.20 for Q2 2026, down 21.3% from 1.52 a year earlier and down 4.4% from the prior quarter.
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Analysis
Lennox International (LII) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Lennox International's Asset Utilization Ratio was 1.35, down 17.1% from FY2024.
- Asset Utilization Ratio has declined in each of the last four years.
- Going back by year, Asset Utilization Ratio was 1.63 in FY2024 (-10.0%), 1.81 in FY2023 (-9.2%), 1.99 in FY2022 (-0.2%) and 2.00 in FY2021 (+11.6%).
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to Q3 2010.
- Year-over-year, Asset Utilization Ratio has declined for 18 consecutive quarters, with an average decline of 10.8% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2021 (growth of 9.0%), and the weakest in Q2 2026 (a decline of 21.3%).
- Business Quant data shows LII's Asset Utilization Ratio at 1.26 (Q1 2026), 1.37 (Q4 2025) and 1.49 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 0.65 |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 0.51 |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 0.59 |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 1.37 |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 0.40 |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 1.43 |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 0.80 |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 0.83 |
| 10 | Lennox International | 12.27 Bn | 12.07 Bn | 539.50 Mn | 1.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 |
| Mar 31, 2026 | 1.26 |
| Dec 31, 2025 | 1.37 |
| Sep 30, 2025 | 1.49 |
| Jun 30, 2025 | 1.52 |
| Mar 31, 2025 | 1.52 |
| Dec 31, 2024 | 1.54 |
| Sep 30, 2024 | 1.58 |
| Jun 30, 2024 | 1.62 |
| Mar 31, 2024 | 1.68 |
| Dec 31, 2023 | 1.71 |
| Sep 30, 2023 | 1.68 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 1.78 |
| Dec 31, 2022 | 1.82 |
| Sep 30, 2022 | 1.74 |
| Jun 30, 2022 | 1.72 |
| Mar 31, 2022 | 1.85 |
| Dec 31, 2021 | 1.95 |
| Sep 30, 2021 | 1.91 |
API Access
Lennox International Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();