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.
Increases reflect new acquisitions, while decreases may signal impairment charges due to poor performance of acquired assets.
The intangible asset value representing the premium paid for acquisitions within the commercial HVAC segment over the fa...
Standard balance sheet item; comparable across industries with active M&A strategies.
lii_segment_commercial_heating_and_cooling_goodwill| 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 | $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% |