Every 10-Q that Lennox International Inc. (LII) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LII filings page.
Lennox International (LII) reported mixed Q3 2025 results. Net sales were $1,426.8 million, down 5% year over year, while operating income rose 2% to $310.2 million. Net income was $245.8 million, and diluted EPS increased to $6.98 from $6.68.
Segment performance diverged. Home Comfort Solutions sales fell 12% to $912.9 million with profit down $23.6 million, as a 23% volume decline outweighed pricing/mix gains. Building Climate Solutions sales rose 10% to $513.9 million and profit increased $28.1 million on favorable price and mix.
Year to date, sales were $4,000.3 million with operating income of $819.8 million. Cash and cash equivalents were $52.9 million as of September 30, 2025, reflecting debt repayments and buybacks; inventories were $991.5 million. The company repurchased $332.3 million of stock and paid $127 million in dividends.
Balance sheet and subsequent events: $157.0 million of commercial paper was outstanding, and $300.0 million of 2020 notes were repaid on August 1, 2025. After quarter end, Lennox acquired Duro Dyne and Supco for $546.3 million and entered a $300.0 million Term Credit Agreement maturing October 16, 2027.
Lennox International (LII) reported solid top-line and profit growth for Q2 2025. Net sales rose 3.4% YoY to $1.50 bn, driven by 11% favorable price/mix that more than offset an 8% volume decline. Gross margin expanded 120 bps to 34.8%, lifting operating income 10.6% to $354 m. Net income advanced 12.9% to $277.6 m, and diluted EPS increased to $7.82 from $6.87.
Segment detail: Home Comfort Solutions sales grew 3% and profit 12% (25.3% ROS). Building Climate Solutions sales gained 5% with profit up 7% (24.9% ROS). Six-month sales reached $2.57 bn (+3%) and net income $397.9 m (+7.5%).
Cash flow & balance sheet: Operating cash flow fell to $51 m (vs. $161 m) on higher working-capital needs; inventories jumped $297 m. Cash declined to $49 m from $415 m after $295 m of share repurchases, $82 m dividends and $54 m capex. Total debt stands at $1.18 bn; $300 m notes mature Aug-2025, partly offset by a new $1.0 bn revolver extended to May-2030. Shareholder equity improved to $900 m (+6%).
Outlook signals: Management expects further pricing gains to offset tariff-driven cost inflation while acknowledging possible volume softness. A new $1 bn buyback authorization leaves $1.20 bn available for future repurchases.