Lennox International
Market Cap
US$9.9b
Last Updated
2019/12/11 23:39 UTC
Data Sources
Company Financials +
Executive Summary
Lennox International Inc., through its subsidiaries, provides climate control solutions in North America, Europe, Russia, Turkey, the Middle East, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has Lennox International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LII has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.6%
LII
1.3%
US Building
0.8%
US Market
1 Year Return
20.9%
LII
35.9%
US Building
17.8%
US Market
Return vs Industry: LII underperformed the US Building industry which returned 35.9% over the past year.
Return vs Market: LII exceeded the US Market which returned 17.8% over the past year.
Shareholder returns
| LII | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 1.3% | 0.8% |
| 30 Day | 4.1% | 1.1% | 1.8% |
| 90 Day | 10.9% | 5.4% | 4.1% |
| 1 Year | 22.3%20.9% | 38.1%35.9% | 20.4%17.8% |
| 3 Year | 66.8%61.3% | 28.2%22.4% | 45.9%36.4% |
| 5 Year | 189.4%173.3% | 57.3%37.3% | 68.1%49.6% |
Price Volatility Vs. Market
How volatile is Lennox International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Lennox International Inc. (NYSE:LII) Could Be Worth Watching3 weeks ago | Simply Wall St
Why Lennox International Inc. (NYSE:LII) Is A Top Dividend Stock1 month ago | Simply Wall St
Can We See Significant Institutional Ownership On The Lennox International Inc. (NYSE:LII) Share Register?Valuation
Is Lennox International undervalued compared to its fair value and its price relative to the market?
27.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LII ($258.38) is trading above our estimate of fair value ($188.21)
Significantly Below Fair Value: LII is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LII is poor value based on its PE Ratio (27.4x) compared to the Building industry average (22.1x).
PE vs Market: LII is poor value based on its PE Ratio (27.4x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: LII is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: LII has negative assets, so we can't compare its PB Ratio to the US Building industry average.
Next Steps
Future Growth
How is Lennox International forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
9.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LII's forecast earnings growth (9.4% per year) is above the savings rate (1.7%).
Earnings vs Market: LII's earnings (9.4% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: LII's earnings are forecast to grow, but not significantly.
Revenue vs Market: LII's revenue (3.7% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: LII's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LII's Return on Equity is forecast to be very high in 3 years time (649%).
Next Steps
Past Performance
How has Lennox International performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LII has high quality earnings.
Growing Profit Margin: LII's current net profit margins (9.8%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: LII's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: LII's earnings growth over the past year (12.8%) is below its 5-year average (14.6% per year).
Earnings vs Industry: LII earnings growth over the past year (12.8%) exceeded the Building industry -5.5%.
Return on Equity
High ROE: LII's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Lennox International's financial position?
Financial Position Analysis
Short Term Liabilities: LII has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LII has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LII has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LII's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LII's debt is well covered by operating cash flow (27.4%).
Interest Coverage: LII's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
Inventory Level: LII has a high level of physical assets or inventory.
Debt Coverage by Assets: LII has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Lennox International's current dividend yield, its reliability and sustainability?
1.19%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: LII's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: LII's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: LII's dividends per share have been stable in the past 10 years.
Growing Dividend: LII's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30%), LII's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LII's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).
Next Steps
Management
What is the CEO of Lennox International's salary, the management and board of directors tenure and is there insider trading?
11.2yrs
Average management tenure
CEO
Todd Bluedorn (55yo)
12.7yrs
Tenure
US$7,541,297
Compensation
Mr. Todd M. Bluedorn has been the Chief Executive Officer of Lennox International, Inc. since April 2, 2007 and has been its Chairman since May 10, 2012. Mr. Bluedorn serves as a Vice President of The Air- ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD7.54M) is below average for companies of similar size in the US market ($USD10.94M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Management Age and Tenure
11.2yrs
Average Tenure
54yo
Average Age
Experienced Management: LII's management team is seasoned and experienced (11.2 years average tenure).
Board Age and Tenure
8.3yrs
Average Tenure
58yo
Average Age
Experienced Board: LII's board of directors are considered experienced (8.3 years average tenure).
Insider Trading
Insider Buying: LII insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 750 |
| Max Price | US$257.84 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$250.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 500 |
| Max Price | US$256.51 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$257.85 |
| Entity | Individual |
| Role | Chief Technology Officer Executive VP & CTO |
| Shares | 2,995 |
| Max Price | US$277.00 |
| Entity | Individual |
| Role | Chief Technology Officer Executive VP & CTO |
| Shares | 1,786 |
| Max Price | US$250.05 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Rick Pelini (60yo)
VP & Treasurer
- Tenure: 10.8yrs
Steve Harrison
Vice President of Investor Relations
- Tenure: 11.5yrs
Todd Bluedorn (55yo)
Chairman & CEO
- Tenure: 12.7yrs
- Compensation: US$7.54m
John Torres (60yo)
Executive VP
- Tenure: 11yrs
- Compensation: US$2.01m
Daniel Sessa (54yo)
Executive VP & Chief HR Officer
- Tenure: 12.5yrs
- Compensation: US$1.90m
Chris Kosel (52yo)
VP, Chief Accounting Officer & Controller
- Tenure: 2.6yrs
Doug Young (56yo)
Executive VP and President & COO of LII Residential Heating & Cooling
- Tenure: 13.2yrs
- Compensation: US$2.20m
Prakash Bedapudi (52yo)
Executive VP & CTO
- Tenure: 11.4yrs
Joe Reitmeier (54yo)
Executive VP & CFO
- Tenure: 7.4yrs
- Compensation: US$2.15m
Gary Bedard (54yo)
Executive VP and President & COO of Worldwide Refrigeration Business Segment
- Tenure: 2.2yrs
Board Members
Greg Swienton (69yo)
Independent Director
- Tenure: 9yrs
- Compensation: US$239.60k
Todd Teske (54yo)
Lead Director
- Tenure: 4.6yrs
- Compensation: US$259.60k
John Norris (61yo)
Independent Director
- Tenure: 18.9yrs
- Compensation: US$229.60k
John Major (73yo)
Independent Director
- Tenure: 26.9yrs
- Compensation: US$234.60k
Janet Katherine Cooper (65yo)
Independent Director
- Tenure: 20.7yrs
- Compensation: US$219.60k
Paul Schmidt (74yo)
Independent Director
- Tenure: 14.9yrs
- Compensation: US$219.60k
Todd Bluedorn (55yo)
Chairman & CEO
- Tenure: 12.7yrs
- Compensation: US$7.54m
Max Mitchell (55yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$219.60k
Kim Rucker (52yo)
Independent Director
- Tenure: 4.5yrs
- Compensation: US$219.60k
Karen Quintos (55yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$219.60k
Company Information
Lennox International Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lennox International Inc.
- Ticker: LII
- Exchange: NYSE
- Founded: 1895
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$9.948b
- Shares outstanding: 38.53m
- Website: https://www.lennoxinternational.com
Number of Employees
Location
- Lennox International Inc.
- 2140 Lake Park Boulevard
- Richardson
- Texas
- 75080
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LII | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1999 |
| LXI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1999 |
| LII * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jul 1999 |
Biography
Lennox International Inc., through its subsidiaries, provides climate control solutions in North America, Europe, Russia, Turkey, the Middle East, and internationally. It designs, manufactures, and markets ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 23:39 |
| End of Day Share Price | 2019/12/11 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.