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Lennox International LII Operating Lease Liabilities

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Other financials

Income statement

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Revenue$1.5B+3.0%
Gross profit$539.5M+4.3%
Operating income$355.0M+1.7%
Net income$269.0M-1.8%
EPS (diluted)$7.72+0.1%

Balance sheet

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Cash & equivalents$51.5M+4.7%
Total debt$1.7B+7.1%
Total equity$1.2B+36.8%
Total assets$4.5B+24.4%

Cash flow

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Operating cash flow$172.0M+98.2%
CapEx$35.7M+25.3%
Free cash flow$136.3M+134%

Valuation

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Market cap$15.06B-27.9%
Enterprise value$16.7B-25.5%
P/E19.1×-5.8×
P/S2.8×-1.0×

Profitability

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Gross margin33.3%+0.1pp
Operating margin19.7%0.0pp
Net margin14.9%-0.6pp
FCF margin13.9%+1.4pp

Returns & leverage

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Return on equity80.1%-62.1pp
Debt / equity1.4×-0.4×
Current ratio1.6×+0.2×

Where this comes from

Reported directly by Lennox International in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Lennox International’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 3:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001069202-26-000087
(Amounts in millions, except shares and par values)As of June 30, 2026As of December 31, 2025
Current operating lease liabilities87.288.9
Total current liabilities1,438.81,191.8
Long-term debt1,149.21,144.1
Long-term operating lease liabilities356.2293.4
Pensions20.118.7
Other liabilities283.5270.7
Total liabilities3,247.82,918.7
Commitments and contingencies

Item 1. Financial

FAQ

What is Lennox International's operating lease liabilities?
Lennox International (LII) reported operating lease liabilities of $356.2M in Q2 2026.
How has Lennox International's operating lease liabilities changed year-over-year?
Lennox International's operating lease liabilities increased by 24.5% year-over-year, from $286.2M to $356.2M.
What is the long-term trend for Lennox International's operating lease liabilities?
Over 5 years (2020 to 2025), Lennox International's operating lease liabilities has grown at a 15.5% compound annual growth rate (CAGR), from $142.8M to $293.4M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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