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| Date | Value |
|---|---|
| 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 |