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Lennox International LII Operating Lease ROU Assets

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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:OperatingLeaseRightOfUseAsset.

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
Total current assets2,257.81,903.8
Restricted cash equivalents18.818.5
Property, plant and equipment, net of accumulated depreciation of $1,088.0 and $1,043.9 in 2026 and 2025, respectively934.2887.2
Right-of-use assets from operating leases412.7356.3
Goodwill503.7497.2
Intangible assets, net of accumulated amortization of $46.7 and $38.3 in 2026 and 2025, respectively265.8273.0
Deferred income taxes12.412.9
Other assets, net139.6132.9

Item 1. Financial

FAQ

What is Lennox International's operating lease ROU assets?
Lennox International (LII) reported operating lease ROU assets of $412.7M in Q2 2026.
How has Lennox International's operating lease ROU assets changed year-over-year?
Lennox International's operating lease ROU assets increased by 19.1% year-over-year, from $346.4M to $412.7M.
What is the long-term trend for Lennox International's operating lease ROU assets?
Over 5 years (2020 to 2025), Lennox International's operating lease ROU assets has grown at a 12.9% compound annual growth rate (CAGR), from $194.4M to $356.3M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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