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Lennox International LII Pension settlements

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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$15.2B-25.7%
Enterprise value$16.83B-23.4%
P/E19.3×-5.1×
P/S2.9×-0.9×

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 lii:NonCashPensionSettlementLoss.

The source filing: Lennox International’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001069202-26-000028
Line itemFor the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,
(Gain) loss on sale from previous dispositions(0.9)1.5(14.1)
Income from equity method investments(6.0)(7.9)(8.5)
Operating income1,041.51,040.4791.5
Pension settlements0.40.40.8
Interest expense, net40.938.751.7
Other expense, net3.41.90.1
Income before income taxes996.8999.4738.9
Provision for income taxes191.0188.3147.7

Item 8. Financial Statements and Supplementary Data

FAQ

What is Lennox International's pension settlements?
Lennox International (LII) reported pension settlements of $100K in Q4 2025.
How has Lennox International's pension settlements changed year-over-year?
Lennox International's pension settlements decreased by 0.0% year-over-year, from $100K to $100K.
What is the long-term trend for Lennox International's pension settlements?
Over 4 years (2021 to 2025), Lennox International's pension settlements has grown at a -24.0% compound annual growth rate (CAGR), from $1.2M to $400K.
What does pension settlements mean?
Represents non-recurring charges resulting from the settlement of defined benefit pension plan obligations. These charges occur when a company makes lump-sum payments to participants or purchases annuities, effectively transferring the pension risk to an insurer. This metric highlights one-time impacts on the income statement that do not reflect ongoing operational performance.

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