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| Date | Value |
|---|---|
| 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% |