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Lennox International LII Refrigeration — Income Loss From Equity Method Investments

Discontinued — last reported Q4 '19

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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 equity$1.2B+20.9%
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
FCF margin12.6%-1.8pp

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

Reported directly by Lennox International in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The official record: Lennox International’s 10-K, filed February 18, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does refrigeration — income loss from equity method investments mean?
The segment's share of profits or losses from its minority-owned business partners.
How do you interpret refrigeration — income loss from equity method investments?
Positive values indicate successful partnerships, while negative values suggest underperformance of equity-accounted investments.
How does refrigeration — income loss from equity method investments compare across companies?
Standard for companies with strategic joint ventures or minority stakes in the HVAC/R industry.