Lennox International (LII) Tax Rate (2009 - 2026)
Lennox International (LII) posted quarterly Tax Rate of 20.79% for Q2 2026, up 135.0% year-over-year from 8.85% in Q2 2025, and up 2.83% quarter-over-quarter from 20.22% in Q1 2026.
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 20.79% for Q2 2026.
- In Q2 2026, Tax Rate rose 135.0% year-over-year to 20.79%; the TTM figure through Jun 2026 stood at 19.74% (up 101.0% YoY), while the FY2025 annual figure was 19.16%, up 32.0% from the prior year.
- Tax Rate for Q2 2026 stood at 20.79%, up from 20.22% in the prior quarter.
- The five-year high for Tax Rate was 25.57% in Q3 2023, with the low at 16.7% in Q4 2023.
- The 5-year median for Tax Rate is 19.42% (2025), against an average of 19.62%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 1358 bps in 2022, then plunged 689 bps in 2024.
- Lennox International's Tax Rate stood at 21.0% in 2022, then slipped by 20 bps to 16.7% in 2023, then advanced by 4 bps to 17.36% in 2024, then gained by 17 bps to 20.26% in 2025, then gained by 3 bps to 20.79% in 2026.
- Business Quant data shows LII's Tax Rate at 20.79% in Q2 2026, 20.22% in Q1 2026, and 20.26% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | 17.99% |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 24.97% |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 22.77% |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 24.32% |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 20.79% |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 24.70% |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 23.45% |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 22.41% |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 23.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.79% |
| Jun 30, 2026 | 20.79% |
| Jun 30, 2026 | 20.79% |
| Mar 31, 2026 | 20.22% |
| Mar 31, 2026 | 20.22% |
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | 20.26% |
| Dec 31, 2025 | 20.26% |
| Dec 31, 2025 | 20.26% |
| Sep 30, 2025 | 18.12% |
| Sep 30, 2025 | 18.12% |
| Sep 30, 2025 | 18.12% |
| Jun 30, 2025 | 19.44% |
| Jun 30, 2025 | 19.44% |
| Jun 30, 2025 | 19.44% |
| Mar 31, 2025 | 19.40% |
| Mar 31, 2025 | 19.40% |
| Mar 31, 2025 | 19.40% |
| Dec 31, 2024 | 17.36% |
| Dec 31, 2024 | 17.36% |