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Lennox International LII Residential Heating and Cooling — Cost of Goods Sold

Other segment segments

Commercial Heating and Cooling
$316.2M+36.4%

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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$19.09B-12.8%
Enterprise value$20.71B-11.6%
P/E24.1×-1.9×
P/S3.6×-0.4×

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:CostOfGoodsAndServicesSold.

The official record: Lennox International’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 $467.8M 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 $500.1M to $467.8M.
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 $2.3B to $2.27B.
What does residential heating and cooling — cost of goods sold mean?
The direct costs attributable to the production of residential HVAC equipment, including raw materials, direct labor, and manufacturing overhead. This metric is essential for calculating gross margin and assessing production efficiency.