Lennox International (LII) Gross Margin (2009 - 2026)
Lennox International's quarterly Gross Margin came in at 30.95% in Q1 2026, down 83.0% year-on-year from 182.05% in Q1 2025, and down 5.0% quarter-over-quarter from 32.58% in Q4 2025.
Lennox International has reported Gross Margin for 18 years, with the latest figure at 30.95% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 83.0% year-over-year to 30.95%; the trailing twelve-month figure through Mar 2026 stood at 33.19% (up 6.0% YoY), and the FY2025 full-year result was 33.39%, up 11.0% from the prior year.
- Gross Margin for Q1 2026 stood at 30.95%, down from 32.58% in the prior quarter.
- The five-year high for Gross Margin was 34.48% in Q2 2025, with the low at 26.07% in Q4 2022.
- Average Gross Margin over 5 years is 31.13%, with a median of 31.78% recorded in 2025.
- Year-over-year, Gross Margin plunged 186 bps in 2022 and soared 477 bps in 2023.
- Tracing LII's Gross Margin over 5 years: stood at 26.07% in 2022, then climbed by 18 bps to 30.85% in 2023, then rose by 11 bps to 34.27% in 2024, then decreased by 5 bps to 32.58% in 2025, then retreated by 5 bps to 30.95% in 2026.
- The last three Gross Margin figures came in at 30.95% (Q1 2026), 32.58% (Q4 2025), and 34.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 34.52% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 25.88% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 40.68% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 35.12% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 22.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.95% |
| Dec 31, 2025 | 32.58% |
| Sep 30, 2025 | 34.15% |
| Jun 30, 2025 | 34.48% |
| Mar 31, 2025 | 31.78% |
| Dec 31, 2024 | 34.27% |
| Sep 30, 2024 | 32.60% |
| Jun 30, 2024 | 33.64% |
| Mar 31, 2024 | 32.47% |
| Dec 31, 2023 | 30.85% |
| Sep 30, 2023 | 31.36% |
| Jun 30, 2023 | 32.44% |
| Mar 31, 2023 | 29.22% |
| Dec 31, 2022 | 26.07% |
| Sep 30, 2022 | 26.85% |
| Jun 30, 2022 | 29.06% |
| Mar 31, 2022 | 26.47% |
| Dec 31, 2021 | 26.29% |
| Sep 30, 2021 | 27.85% |
| Jun 30, 2021 | 30.93% |
| Mar 31, 2021 | 27.57% |
| Dec 31, 2020 | 30.12% |
| Sep 30, 2020 | 30.64% |
| Jun 30, 2020 | 29.29% |
| Mar 31, 2020 | 22.89% |
| Dec 31, 2019 | 28.00% |
| Sep 30, 2019 | 28.88% |
| Jun 30, 2019 | 30.22% |
| Mar 31, 2019 | 25.51% |
| Dec 31, 2018 | 26.61% |
| Sep 30, 2018 | 29.30% |
| Jun 30, 2018 | 30.76% |
| Mar 31, 2018 | 26.74% |
| Dec 31, 2017 | 29.13% |
| Sep 30, 2017 | 29.81% |
| Jun 30, 2017 | 30.92% |
| Mar 31, 2017 | 26.58% |
| Dec 31, 2016 | 29.82% |
| Sep 30, 2016 | 30.72% |
| Jun 30, 2016 | 30.91% |
| Mar 31, 2016 | 25.67% |
| Dec 31, 2015 | 27.29% |
| Sep 30, 2015 | 28.63% |
| Jun 30, 2015 | 28.55% |
| Mar 31, 2015 | 23.77% |
| Dec 31, 2014 | 27.73% |
| Sep 30, 2014 | 27.50% |
| Jun 30, 2014 | 27.33% |
| Mar 31, 2014 | 24.17% |
| Dec 31, 2013 | 27.71% |
| Sep 30, 2013 | 27.35% |
| Jun 30, 2013 | 27.82% |
| Mar 31, 2013 | 24.24% |
| Dec 31, 2012 | 24.59% |
| Sep 30, 2012 | 25.31% |
| Jun 30, 2012 | 24.76% |
| Mar 31, 2012 | 22.93% |
| Dec 31, 2011 | 23.65% |
| Sep 30, 2011 | 23.29% |
| Jun 30, 2011 | 24.61% |
| Mar 31, 2011 | 22.47% |
| Dec 31, 2010 | 11.72% |
| Sep 30, 2010 | 28.45% |
| Jun 30, 2010 | 30.35% |
| Mar 31, 2010 | 27.06% |
| Dec 31, 2009 | 27.80% |
| Sep 30, 2009 | 29.59% |
| Jun 30, 2009 | 29.02% |