Operating
Pension Expense
Lennox International Pension Expense decreased by 9.1% to $1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $1.1M to $1M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows a downward trend with a -21.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Higher expenses relative to cash contributions may indicate underfunded plans or unfavorable actuarial assumptions.
Detailed definition
This represents the non-cash portion of pension costs recognized in the income statement during the period. It reflects...
Peer comparison
Common in mature industrial companies with legacy defined benefit pension plans.
Metric ID:
operating_pension_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.4M | $3M | $2.9M | $1.4M | $2.1M | $1.6M | $900K | $700K | $700K | $1M | $800K | $100K | $1.9M | $1.5M | $700K | $1.1M | $1M | $1.1M | $1.1M | $1M |
| QoQ Change | — | +25.0% | -3.3% | -51.7% | +50.0% | -23.8% | -43.8% | -22.2% | +0.0% | +42.9% | -20.0% | -87.5% | >999% | -21.1% | -53.3% | +57.1% | -9.1% | +10.0% | +0.0% | -9.1% |
| YoY Change | — | — | — | — | -12.5% | -46.7% | -69.0% | -50.0% | -66.7% | -37.5% | -11.1% | -85.7% | +171.4% | +50.0% | -12.5% | >999% | -47.4% | -26.7% | +57.1% | -9.1% |
Range$100K – $3M
CAGR-16.8%
Avg YoY Growth+50.2%
Median YoY Growth-19.6%
Pension Expense at Other Companies
Frequently Asked Questions
- What is Lennox International's pension expense?
- Lennox International (LII) reported pension expense of $1M in Q1 2026.
- How has Lennox International's pension expense changed year-over-year?
- Lennox International's pension expense decreased by 9.1% year-over-year, from $1.1M to $1M.
- What is the long-term trend for Lennox International's pension expense?
- Over 4 years (2021 to 2025), Lennox International's pension expense has grown at a -21.5% compound annual growth rate (CAGR), from $11.3M to $4.3M.
- What does pension expense mean?
- The non-cash accounting cost associated with employee pension obligations.