Business Segments · Cost of Goods Sold

Commercial Heating and Cooling — Cost of Goods Sold

Lennox International Commercial Heating and Cooling — Cost of Goods Sold increased by 1.8% to $316.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.4%, from $231.80M to $316.20M. Over 3 years (FY 2022 to FY 2025), Commercial Heating and Cooling — Cost of Goods Sold shows an upward trend with a 7.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026

How to read this metric

A decrease relative to revenue indicates improved manufacturing efficiency, while an increase may signal rising material costs or production inefficiencies.

Detailed definition

Includes the direct costs attributable to the production and delivery of commercial HVAC equipment and services. This en...

Peer comparison

Standard industrial metric; comparable to cost of sales reported by other HVAC and building technology firms.

Metric ID: lii_segment_commercial_heating_and_cooling_cost_of_goods_sold

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$237.13M$237.13M$237.13M$237.13M$244.48M$244.48M$244.48M$244.48M$241.30M$301.00M$302.50M$293.00M$231.80M$308.90M$323.10M$310.50M$316.20M
QoQ Change+0.0%+0.0%+0.0%+3.1%+0.0%+0.0%+0.0%-1.3%+24.7%+0.5%-3.1%-20.9%+33.3%+4.6%-3.9%+1.8%
YoY Change+3.1%+3.1%+3.1%+3.1%-1.3%+23.1%+23.7%+19.8%-3.9%+2.6%+6.8%+6.0%+36.4%
Range$231.80M$323.10M
CAGR+7.5%
Avg YoY Growth+9.7%
Median YoY Growth+3.1%

Frequently Asked Questions

What is Lennox International's commercial heating and cooling — cost of goods sold?
Lennox International (LII) reported commercial heating and cooling — cost of goods sold of $316.20M in Q1 2026.
How has Lennox International's commercial heating and cooling — cost of goods sold changed year-over-year?
Lennox International's commercial heating and cooling — cost of goods sold increased by 36.4% year-over-year, from $231.80M to $316.20M.
What is the long-term trend for Lennox International's commercial heating and cooling — cost of goods sold?
Over 3 years (2022 to 2025), Lennox International's commercial heating and cooling — cost of goods sold has grown at a 7.4% compound annual growth rate (CAGR), from $948.50M to $1.17B.
What does commercial heating and cooling — cost of goods sold mean?
The direct costs incurred to produce and sell commercial HVAC products.