Lennox International LII Quick ratio
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Where this comes from
Calculated from Lennox International’s reported figures.
Based on the most recent quarter.
The official record: Lennox International’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lennox International's quick ratio?
- Lennox International (LII) reported quick ratio of 0.6× in Q1 2026.
- How has Lennox International's quick ratio changed year-over-year?
- Lennox International's quick ratio decreased by 13.5% year-over-year, from 0.7× to 0.6×.
- What is the long-term trend for Lennox International's quick ratio?
- Over 4 years (2021 to 2025), Lennox International's quick ratio has grown at a -1.0% compound annual growth rate (CAGR), from 3× to 2.9×.
- What does quick ratio mean?
- Can the company cover short-term bills without having to sell inventory first?
- How do you interpret quick ratio?
- More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
- How does quick ratio compare across companies?
- Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.