Lennox International (LII) Tax Rate (2009 - 2026)

Lennox International (LII) recorded quarterly Tax Rate of 20.22% in Q1 2026, little changed quarter-over-quarter from 20.26% in Q4 2025, and up 81.0% on a YoY basis from 11.17% in Q1 2025.

Lennox International (LII) Tax Rate (2009 - 2026) Analysis & Trends

Lennox International's Tax Rate history runs 18 years deep, the most recent figure standing at 20.22% for Q1 2026.

  • In Q1 2026, Tax Rate rose 81.0% year-over-year to 20.22%; the TTM figure through Mar 2026 stood at 19.28% (up 43.0% YoY), while the FY2025 annual figure was 19.16%, up 32.0% from the prior year.
  • Tax Rate was 20.22% for Q1 2026 at Lennox International, roughly flat from 20.26% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.57% in Q3 2023 to a low of 16.7% in Q4 2023.
  • Historically, Tax Rate has averaged 19.56% across 5 years, with a median of 19.4% in 2025.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 1358 bps in 2022, then sank 689 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 21.0% in 2022, then dropped by 20 bps to 16.7% in 2023, then climbed by 4 bps to 17.36% in 2024, then advanced by 17 bps to 20.26% in 2025, then declined by 0 bps to 20.22% in 2026.
  • The last three Tax Rate figures came in at 20.22% (Q1 2026), 20.26% (Q4 2025), and 18.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 18.52
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 21.47
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -56.47
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 20.22
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 21.65
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 21.75
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 16.80
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 13.59
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 16.41
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 27.78

Historic Data

Download Data
DateValue
Mar 31, 2026 20.22%
Mar 31, 2026 20.22%
Dec 31, 2025 20.26%
Dec 31, 2025 20.26%
Sep 30, 2025 18.12%
Sep 30, 2025 18.12%
Jun 30, 2025 19.44%
Jun 30, 2025 19.44%
Mar 31, 2025 19.40%
Mar 31, 2025 19.40%
Dec 31, 2024 17.36%
Dec 31, 2024 17.36%
Sep 30, 2024 18.68%
Sep 30, 2024 18.68%
Jun 30, 2024 19.90%
Jun 30, 2024 19.90%
Mar 31, 2024 19.39%
Mar 31, 2024 19.39%
Dec 31, 2023 16.70%
Dec 31, 2023 16.70%