Buyback yield (TTM)
2.61%
Shareholder yield (TTM)
3.89%
5Y share count change
-9.1%
Buyback spend (TTM)
$421.70M
Cumulative buybacks
$5.04B
Key takeaways
- Lennox International (LII) repurchased about $421.70M of stock over the trailing twelve months.
- Diluted share count is down 9.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 14.49× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +33.6% per year over the latest 5-year window.
- TTM repurchases used about 93% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Lennox International (LII)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Lennox International (LII)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Lennox International (LII)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Lennox International (LII)
Latest: $501.50M
Overview
In 2025, Lennox International (LII) buyback spend totalled $501.50M – surged 566.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lennox International buyback spend compounded at +33.6% per year, sustaining 2 straight years of year-over-year growth.
Lennox International buyback spend declined from $622.10M in 2021 to $501.50M in 2025, a 19.4% drawdown.
$622.10M stands as the all-time-high annual buyback spend, posted in 2021, against a low of $100.00K during 2004.
Lennox International Buyback Spend 2025: $501.50M
2025's buyback spend for Lennox International came in at $501.50M, surged 566.9% from 2024.
Lennox International Buyback Spend 2024: $75.20M
Lennox International posted buyback spend of $75.20M in 2024, surged 404.7% from 2023.
Lennox International Buyback Spend 2023: $14.90M
In 2023, Lennox International reported buyback spend of $14.90M, plunged 95.2% below 2022.
Lennox International Buyback Spend 2022: $308.30M
Lennox International buyback spend in 2022 was $308.30M, plunged 50.4% below 2021.
Lennox International Buyback Spend 2021: $622.10M
Lennox International buyback spend in 2021 was $622.10M.
See more financial history for Lennox International (LII).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $501.50M | $29.10M | $472.40M | 2.96% | 0.04B | -2.0% | |
| 2024 | $75.20M | $28.50M | $46.70M | 0.34% | 0.04B | +0.3% | |
| 2023 | $14.90M | $30.10M | −$15.20M | 0.09% | 0.04B | -0.3% | |
| 2022 | $308.30M | $21.80M | $286.50M | 3.64% | 0.04B | -4.5% | |
| 2021 | $622.10M | $24.30M | $597.80M | 5.24% | 0.04B | -2.8% | |
| 2020 | $117.90M | $24.30M | $93.60M | 1.12% | 0.04B | -2.0% | |
| 2019 | $424.00M | $21.30M | $402.70M | 4.50% | 0.04B | -4.1% | |
| 2018 | $477.10M | $26.30M | $450.80M | 5.45% | 0.04B | -4.0% | |
| 2017 | $276.10M | $24.90M | $251.20M | 3.17% | 0.04B | -2.7% | |
| 2016 | $333.30M | $31.70M | $301.60M | 5.07% | 0.04B | -3.5% | |
| 2015 | $32.00M | $26.60M | $5.40M | 0.57% | 0.05B | -6.2% | |
| 2014 | $572.70M | $23.30M | $549.40M | 13.24% | 0.05B | -4.0% | |
| 2013 | $137.00M | $29.30M | $107.70M | 3.27% | 0.05B | -1.6% | |
| 2012 | $57.90M | $15.20M | $42.70M | 2.19% | 0.05B | -3.7% | |
| 2011 | $123.00M | $13.70M | $109.30M | 7.12% | 0.05B | -4.3% | |
| 2010 | $153.70M | $15.40M | $138.30M | 6.09% | 0.06B | -0.9% | |
| 2009 | $5.60M | $12.80M | −$7.20M | 0.26% | 0.06B | -3.4% | |
| 2008 | $323.80M | $11.80M | $312.00M | 18.17% | 0.06B | -16.0% | |
| 2007 | $253.60M | $21.00M | $232.60M | 10.15% | 0.07B | -5.6% | |
| 2006 | $163.40M | $24.40M | $139.00M | 7.91% | 0.07B | -0.3% | |
| 2005 | $15.80M | $28.80M | −$13.00M | 0.79% | 0.07B | +22.8% | |
| 2004 | $100.00K | $0.00 | $100.00K | 0.01% | 0.06B | -5.6% | |
| 2003 | $400.00K | $0.00 | $400.00K | 0.05% | 0.06B | +7.9% | |
| 2002 | $300.00K | $0.00 | $300.00K | 0.04% | 0.06B | +13.2% | |
| 2001 | $214.00K | $0.00 | $214.00K | 0.04% | 0.05B | -8.2% | |
| 2000 | $25.32M | $0.00 | $25.32M | — | 0.06B | +40.0% | |
| 1999 | $12.50M | $0.00 | $12.50M | — | 0.04B | +13.2% | |
| 1998 | $8.50M | $0.00 | $8.50M | — | 0.04B | — |
- 2025$501.50M
- 2024$75.20M
- 2023$14.90M
- 2022$308.30M
- 2021$622.10M
- 2020$117.90M
- 2019$424.00M
- 2018$477.10M
- 2017$276.10M
- 2016$333.30M
- 2015$32.00M
- 2014$572.70M
- 2013$137.00M
- 2012$57.90M
- 2011$123.00M
- 2010$153.70M
- 2009$5.60M
- 2008$323.80M
- 2007$253.60M
- 2006$163.40M
- 2005$15.80M
- 2004$100.00K
- 2003$400.00K
- 2002$300.00K
- 2001$214.00K
- 2000$25.32M
- 1999$12.50M
- 1998$8.50M
Buybacks vs stock-based compensation for Lennox International (LII)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 14.49×.
Buybacks vs dividends (share of cash returned) for Lennox International (LII)
How Lennox International splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Lennox International, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $453.50M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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