Goodwill
Lennox International Goodwill increased by 1.3% to $503.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 129.0%, from $220.00M to $503.70M. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 21.6% CAGR.
Analysis
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
goodwillHistorical 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 | $186.80M | $186.70M | $186.60M | $186.40M | $186.20M | $185.90M | $186.30M | $186.30M | $186.40M | $181.70M | $222.10M | $219.90M | $219.90M | $219.90M | $220.00M | $220.00M | $220.00M | $220.00M | $497.20M | $503.70M |
| QoQ Change | — | -0.1% | -0.1% | -0.1% | -0.1% | -0.2% | +0.2% | +0.0% | +0.1% | -2.5% | +22.2% | -1.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +126.0% | +1.3% |
| YoY Change | — | — | — | — | -0.3% | -0.4% | -0.2% | -0.1% | +0.1% | -2.3% | +19.2% | +18.0% | +18.0% | +21.0% | -0.9% | +0.0% | +0.0% | +0.0% | +126.0% | +129.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial Heating and Cooling | $193.80M | $193.80M | $193.90M | $193.90M | $193.90M | $193.90M | $410.20M | $415.10M |
| Residential Heating and Cooling | $26.10M | $26.10M | $26.10M | $26.10M | $26.10M | $26.10M | $87.00M | $88.60M |
| Refrigeration | — | — | $0.00 | — | — | — | — | — |
| Total | $219.90M | $219.90M | $220.00M | $220.00M | $220.00M | $220.00M | $497.20M | $503.70M |
Corporate & Other, Refrigeration were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Lennox International's goodwill?
- Lennox International (LII) reported goodwill of $503.70M in Q1 2026.
- How has Lennox International's goodwill changed year-over-year?
- Lennox International's goodwill increased by 129.0% year-over-year, from $220.00M to $503.70M.
- What is the long-term trend for Lennox International's goodwill?
- Over 5 years (2020 to 2025), Lennox International's goodwill has grown at a 21.6% compound annual growth rate (CAGR), from $186.90M to $497.20M.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.