Lennox International (LII) Tax Rate (2009 - 2026)
Lennox International (LII) posted Tax Rate of 24.58% for Q3 2026, up 6.47 percentage points from 18.12% a year earlier and up 3.79 percentage points from the prior quarter.
Lennox International (LII) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Lennox International was 21.76%, up 3.20 percentage points year-over-year; for FY2025, it came in at 19.16%, up 0.32 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -0.63 percentage points (FY2020 to FY2025).
- In prior years, Lennox International's Tax Rate was 18.84% in FY2024 (-1.15 pp), 19.99% in FY2023 (+0.71 pp), 19.28% in FY2022 (+2.12 pp) and 17.16% in FY2021 (-2.63 pp).
- The Q3 2026 figure stands as the highest quarterly Tax Rate since Q3 2023.
- On a year-over-year basis, Tax Rate has increased in each of the last four quarters, with an average year-over-year change of +1.40 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2022, with a gain of 13.58 percentage points; the weakest was Q4 2021, with a drop of 7.25 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 20.79% (Q2 2026), 20.22% (Q1 2026) and 20.26% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.53 Bn | 87.15 Bn | 2.38 Bn | 17.11% |
| 2 | Johnson Controls International | 86.41 Bn | 84.14 Bn | 2.47 Bn | 17.99% |
| 3 | Carrier Global | 44.23 Bn | 38.61 Bn | 1.90 Bn | - |
| 4 | Comfort Systems Usa | 38.60 Bn | 32.56 Bn | 934.48 Mn | 22.99% |
| 5 | Otis Worldwide | 30.20 Bn | 26.59 Bn | 1.16 Bn | 22.83% |
| 6 | James Hardie Industries | 17.42 Bn | 16.35 Bn | 562.40 Mn | 34.12% |
| 7 | Masco | 16.78 Bn | 14.58 Bn | 720.00 Mn | 25.47% |
| 8 | Allegion | 16.09 Bn | 14.72 Bn | 548.20 Mn | 17.51% |
| 9 | Carlisle Companies | 15.51 Bn | 12.41 Bn | 494.90 Mn | 23.16% |
| 10 | Lennox International | 12.05 Bn | 11.87 Bn | 497.20 Mn | 24.58% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.58% |
| 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% |
Lennox International Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();