Defined Benefit Pension Plan Liabilities (Non-Current)
Lennox International Defined Benefit Pension Plan Liabilities (Non-Current) increased by 3.7% to $19.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $19.70M to $19.40M. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -27.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| 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 | $96.90M | $99.30M | $83.30M | $84.30M | $85.60M | $86.50M | $40.10M | $39.70M | $39.60M | $33.90M | $22.50M | $17.50M | $18.10M | $16.30M | $18.90M | $19.70M | $20.50M | $16.00M | $18.70M | $19.40M |
| QoQ Change | — | +2.5% | -16.1% | +1.2% | +1.5% | +1.1% | -53.6% | -1.0% | -0.3% | -14.4% | -33.6% | -22.2% | +3.4% | -9.9% | +16.0% | +4.2% | +4.1% | -22.0% | +16.9% | +3.7% |
| YoY Change | — | — | — | — | -11.7% | -12.9% | -51.9% | -52.9% | -53.7% | -60.8% | -43.9% | -55.9% | -54.3% | -51.9% | -16.0% | +12.6% | +13.3% | -1.8% | -1.1% | -1.5% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Lennox International's defined benefit pension plan liabilities (non-current)?
- Lennox International (LII) reported defined benefit pension plan liabilities (non-current) of $19.40M in Q1 2026.
- How has Lennox International's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Lennox International's defined benefit pension plan liabilities (non-current) decreased by 1.5% year-over-year, from $19.70M to $19.40M.
- What is the long-term trend for Lennox International's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Lennox International's defined benefit pension plan liabilities (non-current) has grown at a -27.4% compound annual growth rate (CAGR), from $92.50M to $18.70M.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.