Business Segments · Goodwill

Commercial Heating and Cooling — Goodwill

Lennox International Commercial Heating and Cooling — Goodwill increased by 1.2% to $415.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 114.1%, from $193.90M to $415.10M. Over 4 years (FY 2021 to FY 2025), Commercial Heating and Cooling — Goodwill shows an upward trend with a 41.9% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2013
Last reportedQ1 2026Apr 29, 2026
Rolls up toGoodwill

How to read this metric

Increases reflect new acquisitions, while decreases may signal impairment charges due to poor performance of acquired assets.

Detailed definition

The intangible asset value representing the premium paid for acquisitions within the commercial HVAC segment over the fa...

Peer comparison

Standard balance sheet item; comparable across industries with active M&A strategies.

Metric ID: lii_segment_commercial_heating_and_cooling_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$61.10M$61.10M$61.10M$61.10M$61.10M$61.10M$61.10M$155.60M$155.60M$155.60M$196.00M$193.80M$193.80M$193.80M$193.90M$193.90M$193.90M$193.90M$410.20M$415.10M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+154.7%+0.0%+0.0%+26.0%-1.1%+0.0%+0.0%+0.1%+0.0%+0.0%+0.0%+111.6%+1.2%
YoY Change+0.0%+0.0%+0.0%+154.7%+154.7%+154.7%+220.8%+24.6%+24.6%+24.6%-1.1%+0.1%+0.1%+0.1%+111.6%+114.1%
Range$61.10M$415.10M
CAGR+49.7%
Avg YoY Growth+61.4%
Median YoY Growth+24.6%
Current Streak8 quarters growth

Frequently Asked Questions

What is Lennox International's commercial heating and cooling — goodwill?
Lennox International (LII) reported commercial heating and cooling — goodwill of $415.10M in Q1 2026.
How has Lennox International's commercial heating and cooling — goodwill changed year-over-year?
Lennox International's commercial heating and cooling — goodwill increased by 114.1% year-over-year, from $193.90M to $415.10M.
What is the long-term trend for Lennox International's commercial heating and cooling — goodwill?
Over 4 years (2021 to 2025), Lennox International's commercial heating and cooling — goodwill has grown at a 41.9% compound annual growth rate (CAGR), from $244.40M to $991.90M.
What does commercial heating and cooling — goodwill mean?
The value of intangible assets like brand and customer base from past acquisitions in the commercial HVAC segment.