Current Liabilities

Income Taxes Payable

Lennox International Income Taxes Payable increased by 36.6% to $63.40M in Q1 2026 compared to the prior quarter.

Analysis

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

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

Historical Data

16 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q2 '25Q4 '25Q1 '26
Value$0.00$6.40M$26.00M$19.20M$17.60M$18.40M$21.80M$9.00M$4.20M$28.10M$33.10M$13.30M$0.00$26.50M$46.40M$63.40M
QoQ Change+306.3%-26.2%-8.3%+4.5%+18.5%-58.7%-53.3%+569.0%+17.8%-59.8%-100.0%+75.1%+36.6%
YoY Change+187.5%-16.2%-53.1%-76.1%+52.7%+51.8%+47.8%-100.0%-19.9%
Range$0.00$63.40M
Avg YoY Growth+8.3%
Median YoY Growth-16.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Lennox International's income taxes payable?
Lennox International (LII) reported income taxes payable of $63.40M in Q1 2026.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.