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Current Liabilities

Accrued Expenses

Lennox International Accrued Expenses decreased by 19.4% to $301.5M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.6%, from $326.3M to $301.5M. Over 5 years (FY 2020 to FY 2025), Accrued Expenses shows an upward trend with a 4.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Significant changes can indicate shifts in operational activity, timing of bonus payouts, or changes in cost accrual policies.

Detailed definition

These are liabilities for expenses that have been incurred but have not yet been invoiced or paid by the end of the repo...

Peer comparison

Varies based on the timing of payroll and operational cycles; generally consistent across similar business models.

Metric ID: accrued_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$332.4M$344M$358.9M$325.1M$384.8M$409.6M$376.9M$341.7M$425.5M$408.7M$416.1M$302.3M$393M$444.7M$435.4M$326.3M$384.8M$398.9M$374.2M$301.5M
QoQ Change+3.5%+4.3%-9.4%+18.4%+6.4%-8.0%-9.3%+24.5%-3.9%+1.8%-27.3%+30.0%+13.2%-2.1%-25.1%+17.9%+3.7%-6.2%-19.4%
YoY Change+15.8%+19.1%+5.0%+5.1%+10.6%-0.2%+10.4%-11.5%-7.6%+8.8%+4.6%+7.9%-2.1%-10.3%-14.1%-7.6%
Range$301.5M$444.7M
CAGR-2.0%
Avg YoY Growth+2.1%
Median YoY Growth+4.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Lennox International's accrued expenses?
Lennox International (LII) reported accrued expenses of $301.5M in Q1 2026.
How has Lennox International's accrued expenses changed year-over-year?
Lennox International's accrued expenses decreased by 7.6% year-over-year, from $326.3M to $301.5M.
What is the long-term trend for Lennox International's accrued expenses?
Over 5 years (2020 to 2025), Lennox International's accrued expenses has grown at a 4.8% compound annual growth rate (CAGR), from $296.1M to $374.2M.
What does accrued expenses mean?
Expenses the company has incurred but has not yet paid or received an invoice for.