Lennox International (LII) Tax Rate (2009 - 2026)
Lennox International (LII) posted Tax Rate of 20.79% for Q2 2026, up 2.83% on a QoQ basis from 20.22% in Q1 2026, and up 135.0% year-over-year from 8.85% in Q2 2025.
Analysis
Lennox International (LII) Tax Rate (2009 - 2026) Analysis & Trends
Lennox International has reported Tax Rate for 18 years, with the latest figure at 20.79% in Q2 2026.
- On a quarterly basis, Tax Rate rose 135.0% year-over-year to 20.79% in Q2 2026; TTM through Jun 2026 was 19.74%, a 101.0% increase from a year earlier, with the FY2025 full-year figure at 19.16%, up 32.0% from the prior year.
- Tax Rate was 20.79% for Q2 2026 at Lennox International, 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.
- Average Tax Rate over 5 years is 19.62%, with a median of 19.42% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 1358 bps in 2022, then plunged 689 bps in 2024.
- Over 5 years, Tax Rate stood at 21.0% in 2022, then declined by 20 bps to 16.7% in 2023, then grew by 4 bps to 17.36% in 2024, then climbed by 17 bps to 20.26% in 2025, then climbed by 3 bps to 20.79% in 2026.
- The last three Tax Rate figures came in at 20.79% (Q2 2026), 20.22% (Q1 2026), and 20.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 24.97% |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 20.79% |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 22.41% |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 20.95% |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 9.85% |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.79% |
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | 20.26% |
| Sep 30, 2025 | 18.12% |
| Jun 30, 2025 | 19.44% |
| Mar 31, 2025 | 19.40% |
| Dec 31, 2024 | 17.36% |
| Sep 30, 2024 | 18.68% |
| Jun 30, 2024 | 19.90% |
| Mar 31, 2024 | 19.39% |
| Dec 31, 2023 | 16.70% |
| Sep 30, 2023 | 25.57% |
| Jun 30, 2023 | 17.63% |
| Mar 31, 2023 | 21.66% |
| Dec 31, 2022 | 21.00% |
| Sep 30, 2022 | 18.73% |
| Jun 30, 2022 | 18.45% |
| Mar 31, 2022 | 19.92% |
| Dec 31, 2021 | 7.43% |
| Sep 30, 2021 | 18.41% |