Non-Current Assets
Deferred Tax Assets
Lennox International Deferred Tax Assets decreased by 2.3% to $12.6M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 83.6%, from $76.6M to $12.6M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows relatively stable performance with a -0.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase may signal future tax relief, while a decrease suggests the utilization of tax benefits or valuation allowance adjustments.
Detailed definition
These are future tax benefits arising from temporary differences between the book value of assets and liabilities and th...
Peer comparison
Standard across manufacturing peers; levels depend on specific tax jurisdictions and historical operating performance.
Metric ID:
deferred_tax_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.1M | $10.3M | $11.3M | $13.3M | $29M | $34.2M | $27.5M | $34M | $46.3M | $50.1M | $51.8M | $60.3M | $63M | $71.2M | $75.1M | $76.6M | $81.4M | $49.3M | $12.9M | $12.6M |
| QoQ Change | — | -14.9% | +9.7% | +17.7% | +118.0% | +17.9% | -19.6% | +23.6% | +36.2% | +8.2% | +3.4% | +16.4% | +4.5% | +13.0% | +5.5% | +2.0% | +6.3% | -39.4% | -73.8% | -2.3% |
| YoY Change | — | — | — | — | +139.7% | +232.0% | +143.4% | +155.6% | +59.7% | +46.5% | +88.4% | +77.4% | +36.1% | +42.1% | +45.0% | +27.0% | +29.2% | -30.8% | -82.8% | -83.6% |
Range$10.3M – $81.4M
CAGR+0.9%
Avg YoY Growth+57.8%
Median YoY Growth+45.7%
Current Streak3 quarters decline
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Lennox International's deferred tax assets?
- Lennox International (LII) reported deferred tax assets of $12.6M in Q1 2026.
- How has Lennox International's deferred tax assets changed year-over-year?
- Lennox International's deferred tax assets decreased by 83.6% year-over-year, from $76.6M to $12.6M.
- What is the long-term trend for Lennox International's deferred tax assets?
- Over 5 years (2020 to 2025), Lennox International's deferred tax assets has grown at a -0.5% compound annual growth rate (CAGR), from $13.2M to $12.9M.
- What does deferred tax assets mean?
- Future tax savings the company expects to realize based on past accounting or tax events.