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Non-Current Assets

PP&E (Net)

Lennox International PP&E (Net) increased by 3.4% to $917.6M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $810.3M to $917.6M. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 13.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Growth indicates capital investment in capacity expansion, while a decline may suggest aging assets or divestment strategies.

Detailed definition

This represents the net book value of long-term tangible assets, such as manufacturing facilities, machinery, and equipm...

Peer comparison

High for manufacturing companies; peers are compared based on asset turnover and capital expenditure intensity.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$476M$480.3M$515.1M$518.3M$519.5M$520.4M$548.9M$567.2M$608.5M$602.1M$720.4M$759.1M$740.8M$754.8M$800.1M$810.3M$825.6M$847.5M$887.2M$917.6M
QoQ Change+0.9%+7.2%+0.6%+0.2%+0.2%+5.5%+3.3%+7.3%-1.1%+19.6%+5.4%-2.4%+1.9%+6.0%+1.3%+1.9%+2.7%+4.7%+3.4%
YoY Change+9.1%+8.3%+6.6%+9.4%+17.1%+15.7%+31.2%+33.8%+21.7%+25.4%+11.1%+6.7%+11.4%+12.3%+10.9%+13.2%
Range$476M$917.6M
CAGR+14.8%
Avg YoY Growth+15.3%
Median YoY Growth+11.9%
Current Streak7 quarters growth

Geographic Breakdown — UNITED STATES

View all
SegmentQ4 '23Q4 '25
UNITED STATES$487.1M$607.4M
Mexico$228.7M$269.2M
CANADA$2.2M$4.2M
Total$720.4M$887.2M

Geographic Breakdown — International

View all
SegmentQ4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
International$27.1M$2.4M$5.9M$7.5M$7.5M$6.8M$6.4M$5.9M
Total$548.9M$720.4M$800.1M$810.3M$825.6M$847.5M$887.2M$917.6M

Frequently Asked Questions

What is Lennox International's pp&e (net)?
Lennox International (LII) reported pp&e (net) of $917.6M in Q1 2026.
How has Lennox International's pp&e (net) changed year-over-year?
Lennox International's pp&e (net) increased by 13.2% year-over-year, from $810.3M to $917.6M.
What is the long-term trend for Lennox International's pp&e (net)?
Over 5 years (2020 to 2025), Lennox International's pp&e (net) has grown at a 13.8% compound annual growth rate (CAGR), from $464.3M to $887.2M.
What does pp&e (net) mean?
The value of the company's physical assets like factories and equipment, minus wear and tear.