Lennox International (LII) Cost of Revenue (2009 - 2026)
Lennox International (LII) recorded Cost of Revenue of $1.08 billion in Q3 2026, up 14.4% from $939.6 million a year earlier and up 6.9% from the prior quarter.
Lennox International (LII) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Lennox International's Cost of Revenue came in at $3.67 billion as of Sep 30, 2026, up 3.7% year-over-year; for FY2025, it came in at $3.46 billion, down 2.9% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $3.56 billion in FY2024 (+3.8%), $3.43 billion in FY2023 (unchanged), $3.43 billion in FY2022 (+14.2%) and $3.01 billion in FY2021 (+15.9%).
- The Q3 2026 figure is the highest quarterly Cost of Revenue in data going back to Q2 2009.
- On a year-over-year basis, Cost of Revenue has increased for three consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 19.1% in Q3 2022, against a decline of 8.9% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.01 billion (Q2 2026), $783.8 million (Q1 2026) and $805.7 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 4.37 Bn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 4.14 Bn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 4.36 Bn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 2.83 Bn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 2.76 Bn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 865.80 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 1.25 Bn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 624.40 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 968.50 Mn |
| 10 | Lennox International | 11.75 Bn | 11.57 Bn | 497.20 Mn | 1.08 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.08 Bn |
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 783.80 Mn |
| Dec 31, 2025 | 805.70 Mn |
| Sep 30, 2025 | 939.60 Mn |
| Jun 30, 2025 | 983.40 Mn |
| Mar 31, 2025 | 731.70 Mn |
| Dec 31, 2024 | 884.10 Mn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 962.90 Mn |
| Mar 31, 2024 | 707.10 Mn |
| Dec 31, 2023 | 798.60 Mn |
| Sep 30, 2023 | 937.80 Mn |
| Jun 30, 2023 | 953.60 Mn |
| Mar 31, 2023 | 742.80 Mn |
| Dec 31, 2022 | 808.60 Mn |
| Sep 30, 2022 | 910.70 Mn |
| Jun 30, 2022 | 969.20 Mn |
| Mar 31, 2022 | 745.20 Mn |
| Dec 31, 2021 | 711.20 Mn |
Lennox International Cost of Revenue 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=cost-of-revenue&ticker=LII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=LII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();