Lennox International Inc (LII) - Net Assets
Based on the latest financial reports, Lennox International Inc (LII) has net assets worth $1.16 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.08 Billion) and total liabilities ($2.92 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Lennox International Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.16 Billion |
| % of Total Assets | 28.49% |
| Annual Growth Rate | 4.14% |
| 5-Year Change | N/A |
| 10-Year Change | 2960.79% |
| Growth Volatility | 238.93 |
Lennox International Inc - Net Assets Trend (1998–2025)
This chart illustrates how Lennox International Inc's net assets have evolved over time, based on quarterly financial data. Also explore LII current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Lennox International Inc (1998–2025)
The table below shows the annual net assets of Lennox International Inc from 1998 to 2025. For live valuation and market cap data, see LII stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.16 Billion | +36.80% |
| 2024-12-31 | $850.20 Million | +198.00% |
| 2023-12-31 | $285.30 Million | +240.47% |
| 2022-12-31 | $-203.10 Million | +24.50% |
| 2021-12-31 | $-269.00 Million | -1473.10% |
| 2020-12-31 | $-17.10 Million | +89.95% |
| 2019-12-31 | $-170.20 Million | -13.77% |
| 2018-12-31 | $-149.60 Million | -398.60% |
| 2017-12-31 | $50.10 Million | +31.84% |
| 2016-12-31 | $38.00 Million | -62.60% |
| 2015-12-31 | $101.60 Million | +1028.89% |
| 2014-12-31 | $9.00 Million | -98.15% |
| 2013-12-31 | $485.70 Million | -2.23% |
| 2012-12-31 | $496.80 Million | +6.20% |
| 2011-12-31 | $467.80 Million | -20.67% |
| 2010-12-31 | $589.70 Million | -2.43% |
| 2009-12-31 | $604.40 Million | +31.79% |
| 2008-12-31 | $458.60 Million | -43.28% |
| 2007-12-31 | $808.50 Million | +0.51% |
| 2006-12-31 | $804.40 Million | +1.26% |
| 2005-12-31 | $794.40 Million | +67.98% |
| 2004-12-31 | $472.90 Million | -19.05% |
| 2003-12-31 | $584.20 Million | +28.57% |
| 2002-12-31 | $454.39 Million | -30.76% |
| 2001-12-31 | $656.29 Million | -11.92% |
| 2000-12-31 | $745.12 Million | +21.75% |
| 1999-12-31 | $612.00 Million | +57.29% |
| 1998-12-31 | $389.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lennox International Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1293.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.89 Billion | 420.52% |
| Common Stock | $900.00K | 0.08% |
| Other Comprehensive Income | $-48.50 Million | -4.17% |
| Total Equity | $1.16 Billion | 100.00% |
Lennox International Inc Competitors by Market Cap
The table below lists competitors of Lennox International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Gold Mining Co Ltd
SHG:600547
|
$18.86 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
$18.87 Billion |
|
InterGlobe Aviation Limited
NSE:INDIGO
|
$18.90 Billion |
|
Sigma Healthcare Limited
F:S5YA
|
$18.92 Billion |
|
HUATEI SECS.CO GDR S/10
F:206G
|
$18.80 Billion |
|
Vale S.A
BA:VALE
|
$18.78 Billion |
|
Taishin Financial Holding Co Ltd
TW:2887
|
$18.76 Billion |
|
Kyocera Corporation
F:KYRA
|
$18.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lennox International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 850,200,000 to 1,163,100,000, a change of 312,900,000 (36.8%).
- Net income of 786,200,000 contributed positively to equity growth.
- Dividend payments of 173,000,000 reduced retained earnings.
- Share repurchases of 501,500,000 reduced equity.
- Other comprehensive income increased equity by 45,200,000.
- Other factors increased equity by 156,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $786.20 Million | +67.6% |
| Dividends Paid | $173.00 Million | -14.87% |
| Share Repurchases | $501.50 Million | -43.12% |
| Other Comprehensive Income | $45.20 Million | +3.89% |
| Other Changes | $156.00 Million | +13.41% |
| Total Change | $- | 36.80% |
Book Value vs Market Value Analysis
This analysis compares Lennox International Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 16.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 51.37x to 16.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $10.54 | $541.37 | x |
| 1999-12-31 | $14.78 | $541.37 | x |
| 2000-12-31 | $13.12 | $541.37 | x |
| 2001-12-31 | $12.59 | $541.37 | x |
| 2002-12-31 | $7.69 | $541.37 | x |
| 2003-12-31 | $9.69 | $541.37 | x |
| 2004-12-31 | $7.88 | $541.37 | x |
| 2005-12-31 | $10.78 | $541.37 | x |
| 2006-12-31 | $10.94 | $541.37 | x |
| 2007-12-31 | $11.65 | $541.37 | x |
| 2008-12-31 | $7.87 | $541.37 | x |
| 2009-12-31 | $10.74 | $541.37 | x |
| 2010-12-31 | $10.57 | $541.37 | x |
| 2011-12-31 | $8.76 | $541.37 | x |
| 2012-12-31 | $9.67 | $541.37 | x |
| 2013-12-31 | $9.58 | $541.37 | x |
| 2014-12-31 | $0.17 | $541.37 | x |
| 2015-12-31 | $2.22 | $541.37 | x |
| 2016-12-31 | $0.85 | $541.37 | x |
| 2017-12-31 | $1.17 | $541.37 | x |
| 2018-12-31 | $-3.64 | $541.37 | x |
| 2019-12-31 | $-4.32 | $541.37 | x |
| 2020-12-31 | $-0.44 | $541.37 | x |
| 2021-12-31 | $-7.17 | $541.37 | x |
| 2022-12-31 | $-5.67 | $541.37 | x |
| 2023-12-31 | $7.99 | $541.37 | x |
| 2024-12-31 | $23.75 | $541.37 | x |
| 2025-12-31 | $33.14 | $541.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lennox International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 67.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.13%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 3.51x
- Recent ROE (67.60%) is below the historical average (161.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 13.95% | 2.88% | 1.58x | 3.06x | $14.86 Million |
| 1999 | 12.24% | 3.10% | 1.40x | 2.82x | $13.41 Million |
| 2000 | 7.95% | 1.82% | 1.58x | 2.77x | $-15.25 Million |
| 2001 | -6.48% | -1.36% | 1.74x | 2.74x | $-107.86 Million |
| 2002 | -42.05% | -6.29% | 1.99x | 3.36x | $-235.70 Million |
| 2003 | 14.45% | 2.74% | 1.79x | 2.96x | $25.98 Million |
| 2004 | -28.42% | -4.51% | 1.96x | 3.21x | $-181.69 Million |
| 2005 | 18.95% | 4.47% | 1.94x | 2.19x | $71.06 Million |
| 2006 | 20.64% | 4.52% | 2.13x | 2.14x | $85.56 Million |
| 2007 | 20.90% | 4.51% | 2.07x | 2.24x | $88.15 Million |
| 2008 | 26.78% | 3.53% | 2.10x | 3.62x | $76.94 Million |
| 2009 | 8.45% | 1.79% | 1.84x | 2.55x | $-9.34 Million |
| 2010 | 19.70% | 3.75% | 1.83x | 2.87x | $57.23 Million |
| 2011 | 18.88% | 2.67% | 1.94x | 3.65x | $41.52 Million |
| 2012 | 18.12% | 3.05% | 1.74x | 3.41x | $40.32 Million |
| 2013 | 35.43% | 5.37% | 1.97x | 3.35x | $123.31 Million |
| 2014 | 2450.00% | 6.11% | 1.91x | 210.04x | $204.96 Million |
| 2015 | 184.39% | 5.38% | 2.06x | 16.60x | $176.48 Million |
| 2016 | 738.83% | 7.63% | 2.07x | 46.82x | $274.04 Million |
| 2017 | 610.18% | 7.96% | 2.03x | 37.75x | $300.69 Million |
| 2018 | 0.00% | 9.24% | 2.14x | 0.00x | $373.96 Million |
| 2019 | 0.00% | 10.73% | 1.87x | 0.00x | $425.72 Million |
| 2020 | 0.00% | 9.80% | 1.79x | 0.00x | $358.01 Million |
| 2021 | 0.00% | 11.06% | 1.93x | 0.00x | $490.90 Million |
| 2022 | 0.00% | 10.54% | 1.84x | 0.00x | $517.41 Million |
| 2023 | 206.83% | 11.84% | 1.78x | 9.81x | $561.57 Million |
| 2024 | 94.91% | 15.11% | 1.54x | 4.08x | $721.88 Million |
| 2025 | 67.60% | 15.13% | 1.27x | 3.51x | $669.89 Million |
Industry Comparison
This section compares Lennox International Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $278,359,131
- Average return on equity (ROE) among peers: -26.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lennox International Inc (LII) | $1.16 Billion | 13.95% | 2.51x | $18.84 Billion |
| AAON Inc (AAON) | $290.14 Million | 18.51% | 0.28x | $7.43 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $772.45 Million | -41.66% | 0.21x | $602.27K |
| Montana Technologies Corporation (AIRJ) | $282.06 Million | -0.82% | 0.04x | $218.85 Million |
| Apogee Enterprises Inc (APOG) | $112.30 Million | 4.01% | 1.24x | $783.61 Million |
| Alpha Pro Tech Ltd (APT) | $3.85 Million | -55.71% | 0.94x | $44.96 Million |
| Arlo Technologies (ARLO) | $133.77 Million | -75.69% | 2.09x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $-34.55 Million | 0.00% | 0.00x | $291.74 Million |
| Armstrong World Industries Inc (AWI) | $719.10 Million | 18.25% | 2.97x | $7.17 Billion |
| Azek Company Inc (AZEK) | $456.37 Million | -14.77% | 2.45x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $48.10 Million | -118.21% | 10.45x | $8.85 Billion |
About Lennox International Inc
Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control pro… Read more