Business Segments · Cost of Goods Sold

Residential Heating and Cooling — Cost of Goods Sold

Lennox International Residential Heating and Cooling — Cost of Goods Sold decreased by 0.7% to $467.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.5%, from $500.10M to $467.80M. Over 3 years (FY 2022 to FY 2025), Residential Heating and Cooling — Cost of Goods Sold shows relatively stable performance with a -0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

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

How to read this metric

An increase relative to revenue suggests rising input costs or manufacturing inefficiencies, while a decrease suggests improved cost control or economies of scale.

Detailed definition

The direct costs attributable to the production of residential HVAC equipment, including raw materials, direct labor, an...

Peer comparison

Standard COGS metric across industrial manufacturing sectors.

Metric ID: lii_segment_residential_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$575.55M$575.55M$575.55M$575.55M$568.98M$568.98M$568.98M$568.98M$466.10M$661.10M$706.60M$591.50M$500.10M$668.30M$634.00M$471.20M$467.80M
QoQ Change+0.0%+0.0%+0.0%-1.1%+0.0%+0.0%+0.0%-18.1%+41.8%+6.9%-16.3%-15.5%+33.6%-5.1%-25.7%-0.7%
YoY Change-1.1%-1.1%-1.1%-1.1%-18.1%+16.2%+24.2%+4.0%+7.3%+1.1%-10.3%-20.3%-6.5%
Range$466.10M$706.60M
CAGR-5.1%
Avg YoY Growth-0.5%
Median YoY Growth-1.1%
Current Streak3 quarters decline

Frequently Asked Questions

What is Lennox International's residential heating and cooling — cost of goods sold?
Lennox International (LII) reported residential heating and cooling — cost of goods sold of $467.80M in Q1 2026.
How has Lennox International's residential heating and cooling — cost of goods sold changed year-over-year?
Lennox International's residential heating and cooling — cost of goods sold decreased by 6.5% year-over-year, from $500.10M to $467.80M.
What is the long-term trend for Lennox International's residential heating and cooling — cost of goods sold?
Over 3 years (2022 to 2025), Lennox International's residential heating and cooling — cost of goods sold has grown at a -0.4% compound annual growth rate (CAGR), from $2.30B to $2.27B.
What does residential heating and cooling — cost of goods sold mean?
The direct costs to manufacture residential HVAC products.