Lennox International (LII) Net Margin (2009 - 2026)
Lennox International's Net Margin was 14.07% in Q3 2026, down 4.15 percentage points from 18.22% a year earlier and down 3.34 percentage points from the prior quarter.
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Analysis
Lennox International (LII) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lennox International's Net Margin was 13.76% through Sep 30, 2026, down 2.42 percentage points year-over-year; for FY2025, it was 15.51%, up 0.32 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +5.71 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 15.19% in FY2024 (+3.32 pp), 11.87% in FY2023 (+1.33 pp), 10.54% in FY2022 (-0.53 pp) and 11.06% in FY2021 (+1.26 pp).
- Quarterly Net Margin has moved between 8.25% (Q1 2022) and 18.25% (Q2 2025) over five years.
- Compared with a year earlier, Net Margin has declined for four straight quarters, with an average year-over-year change of -0.46 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2024 (a gain of 6.41 percentage points); the worst was Q3 2026 (a drop of 4.15 percentage points).
- Per Business Quant data, LII's Net Margin in the three quarters before Q3 2026 was 17.41% (Q2 2026), 10.33% (Q1 2026) and 11.92% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.53 Bn | 87.15 Bn | 2.38 Bn | 15.51% |
| 2 | Johnson Controls International | 86.41 Bn | 84.14 Bn | 2.47 Bn | 11.32% |
| 3 | Carrier Global | 44.23 Bn | 38.61 Bn | 1.90 Bn | -41.40% |
| 4 | Comfort Systems Usa | 38.60 Bn | 32.56 Bn | 934.48 Mn | 12.98% |
| 5 | Otis Worldwide | 30.20 Bn | 26.59 Bn | 1.16 Bn | 10.58% |
| 6 | James Hardie Industries | 17.42 Bn | 16.35 Bn | 562.40 Mn | 10.57% |
| 7 | Masco | 16.78 Bn | 14.58 Bn | 720.00 Mn | 11.70% |
| 8 | Allegion | 16.09 Bn | 14.72 Bn | 548.20 Mn | 18.84% |
| 9 | Carlisle Companies | 15.51 Bn | 12.41 Bn | 494.90 Mn | 14.22% |
| 10 | Lennox International | 12.05 Bn | 11.87 Bn | 497.20 Mn | 14.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.07% |
| Jun 30, 2026 | 17.41% |
| Mar 31, 2026 | 10.33% |
| Dec 31, 2025 | 11.92% |
| Sep 30, 2025 | 18.22% |
| Jun 30, 2025 | 18.25% |
| Mar 31, 2025 | 12.08% |
| Dec 31, 2024 | 15.01% |
| Sep 30, 2024 | 15.95% |
| Jun 30, 2024 | 16.95% |
| Mar 31, 2024 | 11.87% |
| Dec 31, 2023 | 12.61% |
| Sep 30, 2023 | 9.54% |
| Jun 30, 2023 | 15.39% |
| Mar 31, 2023 | 9.34% |
| Dec 31, 2022 | 8.63% |
| Sep 30, 2022 | 11.40% |
| Jun 30, 2022 | 12.97% |
| Mar 31, 2022 | 8.25% |
| Dec 31, 2021 | 8.67% |
API Access
Lennox International Net Margin 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=net-margin&ticker=LII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=LII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();