Skip to Content

Lennox International Inc LII

Rating as of

Morningstar’s Analysis

Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Lennox Raises Full-Year Guidance After a Blowout First-Quarter Performance

Analyst Note

| Brian Bernard, CFA, CPA |

Lennox is off to an excellent start in fiscal 2021. Strong demand for Lennox's residential heating and cooling products continued during the first quarter, and its other segments enjoyed a robust recovery. First-quarter revenue increased 29% year over year to approximately $931 million (18% above the FactSet consensus estimate) and adjusted EPS quadrupled year over year to $2.27 (easily beating the $1.31 consensus estimate).

Read Full Analysis

Company Profile

Business Description

Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2020, residential HVAC was 65% of sales, commercial HVAC was 22%, and refrigeration accounted for the remaining 13% of sales. The company goes to market with multiple brands, but Lennox is the company’s flagship HVAC brand. The Texas-based company generates most of its sales in North America.

2140 Lake Park Boulevard
Richardson, TX, 75080
T +1 972 497-5000
Sector Industrials
Industry Specialty Industrial Machinery
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2020
Stock Type Cyclical
Employees 10,300