Lennox International (LII) Operating Expenses (2009 - 2026)
Lennox International (LII) posted Operating Expenses of $183.1 million for Q2 2026, down 1.13% on a QoQ basis from $185.2 million in Q1 2026, and up 5.65% year-over-year from $173.3 million in Q2 2025.
Analysis
Lennox International (LII) Operating Expenses (2009 - 2026) Analysis & Trends
Lennox International has reported Operating Expenses for 18 years, with the latest figure at $183.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 5.65% year-over-year to $183.1 million in Q2 2026; TTM through Jun 2026 was $705.1 million, a 4.2% decrease from a year earlier, with the FY2025 full-year figure at $688.2 million, down 5.8% from the prior year.
- Operating Expenses was $183.1 million for Q2 2026 at Lennox International, down from $185.2 million in the prior quarter.
- The five-year high for Operating Expenses was $207.0 million in Q4 2024, with the low at $147.5 million in Q3 2022.
- Average Operating Expenses over 5 years is $173.2 million, with a median of $172.3 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses rose 21.49% in 2023, then fell 15.36% in 2025.
- Over 5 years, Operating Expenses stood at $155.3 million in 2022, then rose by 16.42% to $180.8 million in 2023, then grew by 14.49% to $207.0 million in 2024, then retreated by 15.36% to $175.2 million in 2025, then grew by 4.51% to $183.1 million in 2026.
- The last three Operating Expenses figures came in at $183.1 million (Q2 2026), $185.2 million (Q1 2026), and $175.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 287.05 Mn |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 5.58 Bn |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 183.10 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | 15.80 Mn |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 220.30 Mn |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 83.61 Mn |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | -197.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 183.10 Mn |
| 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 |