Lennox International (LII) Operating Margin (2009 - 2026)
Lennox International's quarterly Operating Margin came in at 14.4% in Q1 2026, down 126.0% year-on-year from 55.4% in Q1 2025, and down 12.09% quarter-over-quarter from 16.38% in Q4 2025.
Lennox International has reported Operating Margin for 18 years, with the latest figure at 14.4% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 126.0% year-over-year to 14.4%; the trailing twelve-month figure through Mar 2026 stood at 19.72% (up 32.0% YoY), and the FY2025 full-year result was 20.05%, up 57.0% from the prior year.
- Operating Margin for Q1 2026 stood at 14.4%, down from 16.38% 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 16.89%, with a median of 16.17% recorded in 2023.
- Year-over-year, Operating Margin jumped 657 bps in 2024 and slumped 222 bps in 2025.
- Tracing LII's Operating Margin over 5 years: stood at 12.03% in 2022, then jumped by 34 bps to 16.17% in 2023, then climbed by 15 bps to 18.6% in 2024, then declined by 12 bps to 16.38% in 2025, then dropped by 12 bps to 14.4% in 2026.
- The last three Operating Margin figures came in at 14.4% (Q1 2026), 16.38% (Q4 2025), and 23.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 15.62% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 14.71% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 4.85% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 14.40% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 16.48% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 17.14% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 10.36% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 15.47% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 7.88% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 5.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 17.43% |
| Mar 31, 2021 | 12.26% |
| Dec 31, 2020 | 15.21% |
| Sep 30, 2020 | 15.84% |
| Jun 30, 2020 | 14.45% |
| Mar 31, 2020 | 5.03% |
| Dec 31, 2019 | 21.65% |
| Sep 30, 2019 | 15.18% |
| Jun 30, 2019 | 19.45% |
| Mar 31, 2019 | 11.98% |
| Dec 31, 2018 | 13.82% |
| Sep 30, 2018 | 14.09% |
| Jun 30, 2018 | 16.60% |
| Mar 31, 2018 | 6.35% |
| Dec 31, 2017 | 11.63% |
| Sep 30, 2017 | 14.69% |
| Jun 30, 2017 | 15.92% |
| Mar 31, 2017 | 7.66% |
| Dec 31, 2016 | 7.59% |
| Sep 30, 2016 | 15.53% |
| Jun 30, 2016 | 15.77% |
| Mar 31, 2016 | 6.11% |
| Dec 31, 2015 | 2.46% |
| Sep 30, 2015 | 13.30% |
| Jun 30, 2015 | 13.19% |
| Mar 31, 2015 | 3.94% |
| Dec 31, 2014 | 9.24% |
| Sep 30, 2014 | 11.87% |
| Jun 30, 2014 | 12.40% |
| Mar 31, 2014 | 4.87% |
| Dec 31, 2013 | 7.32% |
| Sep 30, 2013 | 11.96% |
| Jun 30, 2013 | 11.21% |
| Mar 31, 2013 | 4.17% |
| Dec 31, 2012 | 5.77% |
| Sep 30, 2012 | 9.99% |
| Jun 30, 2012 | 9.50% |
| Mar 31, 2012 | 3.08% |
| Dec 31, 2011 | 7.20% |
| Sep 30, 2011 | 7.06% |
| Jun 30, 2011 | 9.18% |
| Mar 31, 2011 | -1.20% |
| Dec 31, 2010 | 23.17% |
| Sep 30, 2010 | 8.14% |
| Jun 30, 2010 | 9.09% |
| Mar 31, 2010 | 0.08% |
| Dec 31, 2009 | 2.48% |
| Sep 30, 2009 | 7.70% |
| Jun 30, 2009 | 7.60% |