Lennox International (LII) Invested Capital (2009 - 2026)
Lennox International (LII) reported Invested Capital of $2.88 billion for Q2 2026, up 30.9% from $2.2 billion a year earlier and up 5.2% from the prior quarter.
Lennox International (LII) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Lennox International posted Invested Capital of $2.55 billion, up 20.9% from FY2024.
- Invested Capital has increased for five consecutive years, with a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- By year, Invested Capital came in at $2.11 billion in FY2024 (+24.2%), $1.7 billion in FY2023 (+28.5%), $1.32 billion in FY2022 (+36.4%) and $968.8 million in FY2021 (+0.6%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2009.
- Year over year, Invested Capital has now increased in each of the last 20 quarters, with growth averaging 20.8% over the last eight quarters.
- The year-over-year growth in Invested Capital has ranged between 0.6% (Q4 2021) and 37.7% (Q3 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.74 billion (Q1 2026), $2.55 billion (Q4 2025) and $2.08 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 13.26 Bn |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 22.99 Bn |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 3.27 Bn |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 25.42 Bn |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 2.69 Bn |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 10.82 Bn |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 2.88 Bn |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 4.15 Bn |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 4.50 Bn |
| 10 | Lennox International | 12.31 Bn | 12.11 Bn | 539.50 Mn | 2.88 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 Bn |
| Mar 31, 2026 | 2.74 Bn |
| Dec 31, 2025 | 2.55 Bn |
| Sep 30, 2025 | 2.08 Bn |
| Jun 30, 2025 | 2.20 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Dec 31, 2024 | 2.11 Bn |
| Sep 30, 2024 | 1.89 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.70 Bn |
| Sep 30, 2023 | 1.64 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.30 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.20 Bn |
| Dec 31, 2021 | 968.80 Mn |
| Sep 30, 2021 | 943.40 Mn |
Lennox International Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=LII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "LII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=LII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();