LII Lennox International margins

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Relative Growth: Rel. Growth: 66
Relative Strength: Rel. Strength: 22
Relative Valuation: Rel. Valuation: 59
Relative Profitability: Rel. Profitability: 74
Gross margin
33.5%
Operating margin
19.7%
EBITDA margin
22%
Net margin
15%

Recent Lennox International shows a gross margin of 33.5%, an operating margin of 19.7%, an EBITDA margin of 22%, and a net margin of 15%. EBITDA margin increased the most, by 0.5 percentage points, while net margin fell the most, by 0.6 percentage points.

LII margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Lennox International's margins averaged 32.81% gross, 18.64% operating, 20.69% EBITDA, and 14.5% net. All four current margins are above their three-year averages.

LII margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in EBITDA margin, up 0.5 percentage points. Gross margin also expanded by 0.1 percentage points and Operating margin also expanded by 0.1 percentage points, while net margin contracted by 0.6 percentage points.

Gross margin expansion
0.1pp
Operating margin expansion
0.1pp
EBITDA margin expansion
0.5pp
Net margin expansion
-0.6pp

LII Gross margin

Lennox International recorded an average gross margin of 32.81% across the last 3 years. Lennox International currently reports a gross margin of 33.5%, 0.7 percentage points above its three-year average. The highest gross margin for Lennox International was 33.5% in Jun 2026, while the lowest was 31.1% in Dec 2023.

LII Operating margin

Lennox International recorded an average operating margin of 18.64% across the last 3 years. The latest operating margin for Lennox International is 19.7%, 1.1 percentage points above its three-year average. Lennox International's operating margin ranged from a low of 15.7% in Dec 2023 to a high of 20% in Sep 2025.

LII EBITDA margin

Over the last 3 years, Lennox International had an average EBITDA margin of 20.69%. Lennox International's current EBITDA margin is 22% and is 1.3 percentage points above its three-year average. Looking back over the last 3 years, Lennox International's EBITDA margin reached 22.1% at its highest point in Dec 2025 and 17.6% at its lowest in Dec 2023.

LII Net margin

Lennox International's net margin averaged 14.5% in the last 3 years. Right now, Lennox International's current net margin is 15%, which is 0.5 percentage points above its three-year average. Over the last 3 years, Lennox International's net margin peaked at 15.9% in Sep 2025 and reached a low of 11.9% in Dec 2023.

LII margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 33.5%, LII ranks higher than the Industrials sector and the industry average but lower than its peers average. But in comparison with the Industrials sector average of 32.7%, Lennox International's gross margin is only 2.4% higher.

LII margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Lennox International's gross margin?

For the period ending Jun 30, 2026, LII recorded a gross margin of 33.5%.

What is Lennox International's operating margin?

For the period ending Jun 30, 2026, LII recorded an operating margin of 19.7%.

What is Lennox International's EBITDA margin?

As of Jun 30, 2026, LII has an EBITDA margin of 22%.

What is Lennox International's net margin?

The current net margin for LII is 15% as of Jun 30, 2026.

What are the average margins of LII?

Lennox International's gross, operating, EBITDA, and net margins averaged 32.8% gross, 18.6% operating, 20.7% EBITDA, and 14.5% net over the last 3 years.

What are the highest historical margins of LII?

Across the 5-year period, LII posted its highest margins at 33.5% gross in Jun 2026, 20% operating in Sep 2025, 22.1% EBITDA in Dec 2025, and 15.9% net in Sep 2025.

What are the lowest historical margins of LII?

Over the last 5 years, Lennox International's lowest margins were 27.2% gross in Dec 2022, 13.4% operating in Jun 2022, 15.1% EBITDA in Sep 2022, and 10.5% net in Dec 2022.