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Lennox International LII Interest coverage

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17.5×+2.1×
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6.5×-3.6×
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14.8×
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143.3×+25.8×
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142.5×-213×
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12.4×+2.2×

Other financials

Income statement

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Revenue$1.1B+5.8%
Gross profit$351.3M+3.1%
Operating income$163.5M-2.7%
Net income$117.2M-9.6%
EPS (diluted)$3.35-7.7%

Balance sheet

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Cash & equivalents$48.2M-77.8%
Total debt$1.7B+7.6%
Total assets$4.3B+24.2%

Cash flow

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Operating cash flow$16.1M+145%
CapEx$55.5M+118%
Free cash flow-$39.4M+35.7%

Valuation

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Market cap$18.53B-19.0%
Enterprise value$20.14B-16.5%
P/E23.4×-4.7×
P/S3.5×-0.7×

Profitability

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Gross margin33.2%+0.1pp
Operating margin19.7%+0.3pp
Net margin15.1%-0.1pp

Returns & leverage

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Return on equity75.8%-43.9pp
Debt / equity1.4×-0.2×
Current ratio1.6×+0.1×

Where this comes from

Calculated from Lennox International’s reported figures.

Based on trailing twelve months.

The official record: Lennox International’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennox International's interest coverage?
Lennox International (LII) reported interest coverage of 20.8× in Q1 2026.
How has Lennox International's interest coverage changed year-over-year?
Lennox International's interest coverage decreased by 34.0% year-over-year, from 31.5× to 20.8×.
What is the long-term trend for Lennox International's interest coverage?
Over 4 years (2021 to 2025), Lennox International's interest coverage has grown at a 7.8% compound annual growth rate (CAGR), from 96.1× to 129.9×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.