Lennox International (LII) Operating Expenses (2009 - 2026)

Lennox International (LII) recorded quarterly Operating Expenses of $185.2 million in Q1 2026, up 5.71% quarter-over-quarter from $175.2 million in Q4 2025, and up 8.11% on a YoY basis from $171.3 million in Q1 2025.

Lennox International (LII) Operating Expenses (2009 - 2026) Analysis & Trends

Lennox International's Operating Expenses history runs 18 years deep, the most recent figure standing at $185.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.11% year-over-year to $185.2 million; the TTM figure through Mar 2026 stood at $695.3 million (down 4.91% YoY), while the FY2025 annual figure was $688.2 million, down 5.8% from the prior year.
  • Operating Expenses was $185.2 million for Q1 2026 at Lennox International, up from $175.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $207.0 million in Q4 2024 to a low of $147.5 million in Q3 2022.
  • Historically, Operating Expenses has averaged $172.6 million across 5 years, with a median of $171.3 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses increased 21.49% in 2023, then declined 15.36% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $155.3 million in 2022, then increased by 16.42% to $180.8 million in 2023, then climbed by 14.49% to $207.0 million in 2024, then fell by 15.36% to $175.2 million in 2025, then climbed by 5.71% to $185.2 million in 2026.
  • The last three Operating Expenses figures came in at $185.2 million (Q1 2026), $175.2 million (Q4 2025), and $161.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 952.00 Mn
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 1.22 Bn
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 5.10 Bn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 185.20 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 369.00 Mn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 183.90 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 14.50 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn -
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 65.81 Mn
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 390.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 185.20 Mn
Dec 31, 2025 175.20 Mn
Sep 30, 2025 161.60 Mn
Jun 30, 2025 173.30 Mn
Mar 31, 2025 171.30 Mn
Dec 31, 2024 207.00 Mn
Sep 30, 2024 184.40 Mn
Jun 30, 2024 168.50 Mn
Mar 31, 2024 170.70 Mn
Dec 31, 2023 180.80 Mn
Sep 30, 2023 179.20 Mn
Jun 30, 2023 181.30 Mn
Mar 31, 2023 167.50 Mn
Dec 31, 2022 155.30 Mn
Sep 30, 2022 147.50 Mn
Jun 30, 2022 170.10 Mn
Mar 31, 2022 155.80 Mn
Dec 31, 2021 151.70 Mn
Sep 30, 2021 134.50 Mn
Jun 30, 2021 169.00 Mn