TTM
33.1%
YoY change
−0.16pp
Trough year (2012)
24.5%
Peak year (2000)
34.6%
Latest annual
33.0%
Gross Margin history chart for Lennox International (LII) from 1998 to 2025
Latest: 33.0%
Gross Margin change chart for Lennox International (LII) from 1998 to 2025
Latest: −0.16pp
Gross Margin history table for Lennox International (LII) from 1998 to 2025
| 2025 | 33.0% | -0.16pp | ||
| 2024 | 33.2% | +2.11pp | ||
| 2023 | 31.1% | +3.84pp | ||
| 2022 | 27.2% | -1.11pp | ||
| 2021 | 28.3% | -0.29pp | ||
| 2020 | 28.6% | +0.26pp | ||
| 2019 | 28.4% | -0.25pp | ||
| 2018 | 28.6% | -0.69pp | ||
| 2017 | 29.3% | -0.26pp | ||
| 2016 | 29.6% | +2.24pp | ||
| 2015 | 27.3% | +0.50pp | ||
| 2014 | 26.8% | -0.10pp | ||
| 2013 | 26.9% | +2.43pp | ||
| 2012 | 24.5% | -0.74pp | ||
| 2011 | 25.2% | -3.57pp | ||
| 2010 | 28.8% | +0.94pp | ||
| 2009 | 27.9% | -0.10pp | ||
| 2008 | 28.0% | -0.11pp | ||
| 2007 | 28.1% | -3.40pp | ||
| 2006 | 31.5% | -1.45pp | ||
| 2005 | 32.9% | -0.53pp | ||
| 2004 | 33.4% | +0.47pp | ||
| 2003 | 33.0% | +1.52pp | ||
| 2002 | 31.5% | +1.66pp | ||
| 2001 | 29.8% | -4.84pp | ||
| 2000 | 34.6% | +0.69pp | ||
| 1999 | 34.0% | +0.40pp | ||
| 1998 | 33.6% | — |
- 202533.0%-0.16pp
- 202433.2%+2.11pp
- 202331.1%+3.84pp
- 202227.2%-1.11pp
- 202128.3%-0.29pp
- 202028.6%+0.26pp
- 201928.4%-0.25pp
- 201828.6%-0.69pp
- 201729.3%-0.26pp
- 201629.6%+2.24pp
- 201527.3%+0.50pp
- 201426.8%-0.10pp
- 201326.9%+2.43pp
- 201224.5%-0.74pp
- 201125.2%-3.57pp
- 201028.8%+0.94pp
- 200927.9%-0.10pp
- 200828.0%-0.11pp
- 200728.1%-3.40pp
- 200631.5%-1.45pp
- 200532.9%-0.53pp
- 200433.4%+0.47pp
- 200333.0%+1.52pp
- 200231.5%+1.66pp
- 200129.8%-4.84pp
- 200034.6%+0.69pp
- 199934.0%+0.40pp
- 199833.6%—
Gross Margin values are taken from Lennox International's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Lennox International (LII)
According to Lennox International's latest reported financial statements, the company's latest reported gross margin is 33.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Lennox International (LII) most recent annual gross margin stands at 33.02% (2025) – contracted 0.2 percentage points year-over-year.
The highest annual gross margin of 34.64% was reported in 2000. The lowest in the available history was 24.49% in 2012.
Lennox International Gross Margin by Year
Lennox International Gross Margin 2025: 33.0%
Lennox International gross margin in 2025 was 33.02%, contracted 0.2 percentage points from 2024.
Lennox International Gross Margin 2024: 33.2%
2024's gross margin for Lennox International came in at 33.17%, expanded 2.1 percentage points from 2023.
Lennox International Gross Margin 2023: 31.1%
Lennox International posted gross margin of 31.07% in 2023, expanded 3.8 percentage points from 2022.
Lennox International Gross Margin 2022: 27.2%
In 2022, Lennox International reported gross margin of 27.23%, contracted 1.1 percentage points from 2021.
Lennox International Gross Margin 2021: 28.3%
Lennox International gross margin in 2021 was 28.34%.
See more financial history for Lennox International (LII).
Sector peers by Gross Margin
Industrials peers of Lennox International (LII), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
Lennox International (LII) Key Financials
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