Growth Metrics

Lennox International (LII) Debt Ratio (2009 - 2026)

Lennox International's quarterly Debt Ratio came in at 0.27 in Q1 2026, down 18.6% year-on-year from 0.33 in Q1 2025, and down 4.92% quarter-over-quarter from 0.28 in Q4 2025.

Lennox International has reported Debt Ratio for 18 years, with the latest figure at 0.27 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 18.6% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (down 18.6% YoY), and the FY2025 full-year result was 0.28, down 10.17% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.27, down from 0.28 in the prior quarter.
  • The five-year high for Debt Ratio was 0.66 in Q1 2022, with the low at 0.24 in Q3 2025.
  • Average Debt Ratio over 5 years is 0.43, with a median of 0.39 recorded in 2023.
  • Year-over-year, Debt Ratio grew 16.02% in 2022 and plunged 34.55% in 2024.
  • Tracing LII's Debt Ratio over 5 years: stood at 0.59 in 2022, then tumbled by 33.86% to 0.39 in 2023, then declined by 19.29% to 0.32 in 2024, then fell by 10.17% to 0.28 in 2025, then decreased by 4.92% to 0.27 in 2026.
  • The last three Debt Ratio figures came in at 0.27 (Q1 2026), 0.28 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 0.20
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 0.24
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 0.33
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 0.27
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 0.56
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 0.48
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 0.24
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 0.17
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 0.36
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn 0.39

Historic Data

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DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.28
Sep 30, 2025 0.24
Jun 30, 2025 0.32
Mar 31, 2025 0.33
Dec 31, 2024 0.32
Sep 30, 2024 0.34
Jun 30, 2024 0.35
Mar 31, 2024 0.39
Dec 31, 2023 0.39
Sep 30, 2023 0.51
Jun 30, 2023 0.53
Mar 31, 2023 0.60
Dec 31, 2022 0.59
Sep 30, 2022 0.61
Jun 30, 2022 0.64
Mar 31, 2022 0.66
Dec 31, 2021 0.57
Sep 30, 2021 0.60
Jun 30, 2021 0.56
Mar 31, 2021 0.57
Dec 31, 2020 0.48
Sep 30, 2020 0.51
Jun 30, 2020 0.65
Mar 31, 2020 0.68
Dec 31, 2019 0.58
Sep 30, 2019 0.66
Jun 30, 2019 0.63
Mar 31, 2019 0.62
Dec 31, 2018 0.57
Sep 30, 2018 0.58
Jun 30, 2018 0.63
Mar 31, 2018 0.60
Dec 31, 2017 0.51
Sep 30, 2017 0.39
Jun 30, 2017 0.44
Mar 31, 2017 0.46
Dec 31, 2016 0.38
Sep 30, 2016 0.44
Jun 30, 2016 0.42
Mar 31, 2016 0.57
Dec 31, 2015 0.32
Sep 30, 2015 0.48
Jun 30, 2015 0.41
Mar 31, 2015 0.56
Dec 31, 2014 0.51
Sep 30, 2014 0.32
Jun 30, 2014 0.21
Mar 31, 2014 0.22
Dec 31, 2013 0.14
Sep 30, 2013 0.15
Jun 30, 2013 0.29
Mar 31, 2013 0.30
Dec 31, 2012 0.23
Sep 30, 2012 0.27
Dec 31, 2011 0.27
Sep 30, 2011 0.27
Jun 30, 2011 0.29
Mar 31, 2011 0.26
Dec 31, 2010 0.19
Sep 30, 2010 0.21
Jun 30, 2010 0.21
Dec 31, 2009 0.15