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

Lennox International (LII) recorded quarterly Debt Ratio of 0.27 in Q1 2026, down 4.92% quarter-over-quarter from 0.28 in Q4 2025, and down 18.6% on a YoY basis from 0.33 in Q1 2025.

Lennox International (LII) Debt Ratio (2009 - 2026) Analysis & Trends

Lennox International's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.27 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 18.6% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.27 (down 18.6% YoY), while the FY2025 annual figure was 0.28, down 10.17% from the prior year.
  • Debt Ratio was 0.27 for Q1 2026 at Lennox International, down from 0.28 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.66 in Q1 2022 to a low of 0.24 in Q3 2025.
  • Historically, Debt Ratio has averaged 0.43 across 5 years, with a median of 0.39 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio advanced 16.02% in 2022, then plunged 34.55% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.59 in 2022, then plunged by 33.86% to 0.39 in 2023, then dropped by 19.29% to 0.32 in 2024, then declined by 10.17% to 0.28 in 2025, then retreated 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 107.22 Bn 106.17 Bn 1.73 Bn 0.20
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.24
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.33
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.27
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 0.56
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.48
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.17
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.36
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.24
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 0.39

Historic Data

Download Data
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