Operating
Provision for Credit Losses
Lennox International Provision for Credit Losses increased by 2200.0% to $2.1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 61.5%, from $1.3M to $2.1M. Over 4 years (FY 2021 to FY 2025), Provision for Credit Losses shows a downward trend with a -21.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase suggests rising credit risk or deteriorating customer financial health, while a decrease suggests improved collection efficiency.
Detailed definition
This metric represents the estimated expense set aside to cover potential defaults on accounts receivable or loans provi...
Peer comparison
Common in industries with significant credit-based sales or financing arms.
Metric ID:
provision_for_credit_losses_cfHistorical 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 | $1.5M | $800K | $600K | $1.4M | $1.3M | $1.6M | $2.6M | $2M | $1.8M | $900K | $5.1M | $1.8M | $1.6M | $1.2M | $3.4M | $1.3M | -$500K | -$2.6M | -$100K | $2.1M |
| QoQ Change | — | -46.7% | -25.0% | +133.3% | -7.1% | +23.1% | +62.5% | -23.1% | -10.0% | -50.0% | +466.7% | -64.7% | -11.1% | -25.0% | +183.3% | -61.8% | -138.5% | -420.0% | +96.2% | >999% |
| YoY Change | — | — | — | — | -13.3% | +100.0% | +333.3% | +42.9% | +38.5% | -43.8% | +96.2% | -10.0% | -11.1% | +33.3% | -33.3% | -27.8% | -131.3% | -316.7% | -102.9% | +61.5% |
Range-$2.6M – $5.1M
CAGR+7.3%
Avg YoY Growth+1.0%
Median YoY Growth-10.6%
Current Streak2 quarters growth
Provision for Credit Losses at Other Companies
Frequently Asked Questions
- What is Lennox International's provision for credit losses?
- Lennox International (LII) reported provision for credit losses of $2.1M in Q1 2026.
- How has Lennox International's provision for credit losses changed year-over-year?
- Lennox International's provision for credit losses increased by 61.5% year-over-year, from $1.3M to $2.1M.
- What is the long-term trend for Lennox International's provision for credit losses?
- Over 4 years (2021 to 2025), Lennox International's provision for credit losses has grown at a -21.1% compound annual growth rate (CAGR), from $4.9M to -$1.9M.
- What does provision for credit losses mean?
- An estimated expense for money the company expects it will not be able to collect from customers.