Lennox International (LII) Debt Ratio (2009 - 2026)
Lennox International (LII) posted Debt Ratio of 0.35 for Q2 2026, down 1.95% on a QoQ basis from 0.35 in Q1 2026, and up 7.6% year-over-year from 0.32 in Q2 2025.
Analysis
Lennox International (LII) Debt Ratio (2009 - 2026) Analysis & Trends
Lennox International has reported Debt Ratio for 18 years, with the latest figure at 0.35 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 7.6% year-over-year to 0.35 in Q2 2026; TTM through Jun 2026 was 0.35, a 7.6% increase from a year earlier, with the FY2025 full-year figure at 0.34, up 7.3% from the prior year.
- Debt Ratio was 0.35 for Q2 2026 at Lennox International, down from 0.35 in the prior quarter.
- The five-year high for Debt Ratio was 0.66 in Q1 2022, with the low at 0.29 in Q3 2025.
- Average Debt Ratio over 5 years is 0.45, with a median of 0.42 recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio climbed 16.02% in 2022, then plunged 32.94% in 2024.
- Over 5 years, Debt Ratio stood at 0.59 in 2022, then fell by 25.27% to 0.44 in 2023, then slipped by 28.57% to 0.32 in 2024, then climbed by 7.3% to 0.34 in 2025, then gained by 2.29% to 0.35 in 2026.
- The last three Debt Ratio figures came in at 0.35 (Q2 2026), 0.35 (Q1 2026), and 0.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 0.26 |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 0.32 |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 0.35 |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | 0.16 |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 0.17 |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 0.17 |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 0.23 |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.44 |
| 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 |