Lennox International LII
NYSE LII
$375.83 -9.35 (-2.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Lennox International (LII) posted Operating Margin of 22.97% for Q2 2026, up 59.49% on a QoQ basis from 14.4% in Q1 2026, and down 28.0% year-over-year from 31.91% in Q2 2025.

Analysis

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

Lennox International has reported Operating Margin for 18 years, with the latest figure at 22.97% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 28.0% year-over-year to 22.97% in Q2 2026; TTM through Jun 2026 was 19.67%, a 9.0% decrease from a year earlier, with the FY2025 full-year figure at 20.05%, up 57.0% from the prior year.
  • Operating Margin was 22.97% for Q2 2026 at Lennox International, up from 14.4% in the prior quarter.
  • The five-year high for Operating Margin was 23.25% in Q2 2025, with the low at 11.04% in Q1 2022.
  • Average Operating Margin over 5 years is 17.23%, with a median of 16.28% recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin soared 657 bps in 2024, then sank 222 bps in 2025.
  • Over 5 years, Operating Margin stood at 12.03% in 2022, then jumped by 34 bps to 16.17% in 2023, then increased by 15 bps to 18.6% in 2024, then retreated by 12 bps to 16.38% in 2025, then surged by 40 bps to 22.97% in 2026.
  • The last three Operating Margin figures came in at 22.97% (Q2 2026), 14.4% (Q1 2026), and 16.38% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 19.27%
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 14.92%
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 17.09%
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 12.99%
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 22.97%
6 Modine Manufacturing 9.82 Bn 9.75 Bn - -
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 16.94%
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 16.68%
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 10.99%
10 Csw Industrials 4.90 Bn 4.87 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.97%
Mar 31, 2026 14.40%
Dec 31, 2025 16.38%
Sep 30, 2025 23.04%
Jun 30, 2025 23.25%
Mar 31, 2025 15.66%
Dec 31, 2024 18.60%
Sep 30, 2024 20.25%
Jun 30, 2024 22.06%
Mar 31, 2024 15.93%
Dec 31, 2023 16.17%
Sep 30, 2023 13.67%
Jun 30, 2023 19.75%
Mar 31, 2023 13.29%
Dec 31, 2022 12.03%
Sep 30, 2022 14.92%
Jun 30, 2022 16.61%
Mar 31, 2022 11.04%
Dec 31, 2021 10.12%
Sep 30, 2021 15.35%