Lennox International (LII) Debt to Equity (2009 - 2026)

Lennox International (LII) recorded quarterly Debt to Equity of $0.96 in Q1 2026, down 4.19% quarter-over-quarter from $1.0 in Q4 2025, and down 18.89% on a YoY basis from $1.18 in Q1 2025.

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

Lennox International's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.96 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 18.89% year-over-year to $0.96; the TTM figure through Mar 2026 stood at $0.96 (down 18.89% YoY), while the FY2025 annual figure was $1.0, down 16.21% from the prior year.
  • Debt to Equity was $0.96 for Q1 2026 at Lennox International, down from $1.0 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $25.22 in Q2 2023 to a low of -$13.25 in Q1 2023.
  • Historically, Debt to Equity has averaged $0.96 across 5 years, with a median of $1.18 in 2025.
  • Biggest YoY gain for Debt to Equity was 697.78% in 2023; the steepest drop was 237.2% in 2023.
  • A 5-year view of Debt to Equity shows it stood at -$7.51 in 2022, then jumped by 139.15% to $2.94 in 2023, then sank by 59.42% to $1.19 in 2024, then slipped by 16.21% to $1.0 in 2025, then decreased by 4.19% to $0.96 in 2026.
  • The last three Debt to Equity figures came in at $0.96 (Q1 2026), $1.0 (Q4 2025), and $0.8 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 0.54
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.70
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.88
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.96
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn -12.17
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 1.74
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.28
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.87
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.45
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 1.39

Historic Data

Download Data
DateValue
Mar 31, 2026 0.96
Dec 31, 2025 1.00
Sep 30, 2025 0.80
Jun 30, 2025 1.28
Mar 31, 2025 1.18
Dec 31, 2024 1.19
Sep 30, 2024 1.51
Jun 30, 2024 1.98
Mar 31, 2024 3.19
Dec 31, 2023 2.94
Sep 30, 2023 9.30
Jun 30, 2023 25.22
Mar 31, 2023 -13.25
Dec 31, 2022 -7.51
Sep 30, 2022 -5.26
Jun 30, 2022 -4.22
Mar 31, 2022 -3.93
Dec 31, 2021 -4.60
Sep 30, 2021 -3.82
Jun 30, 2021 -5.83