Lennox International Debt-to-Equity Ratio Growth & History (LII)
Lennox International's debt-to-equity ratio was 1.52 for fiscal 2025.
View full Lennox International company overviewLennox International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.52 | −0.02 | −1.61% |
| 2024 | 2024-12-31 | 1.55 | −2.34 | −60.19% |
| 2023 | 2023-12-31 | 3.89 | — | — |
| 2017 | 2017-12-31 | 20.04 | −2.81 | −12.29% |
| 2016 | 2016-12-31 | 22.85 | 15.55 | +213.22% |
| 2015 | 2015-12-31 | 7.29 | −95.55 | −92.91% |
| 2014 | 2014-12-31 | 102.84 | 102.02 | +12375.41% |
| 2013 | 2013-12-31 | 0.82 | 0.05 | +6.26% |
| 2012 | 2012-12-31 | 0.78 | −0.22 | −21.77% |
| 2011 | 2011-12-31 | 0.99 | 0.45 | +83.69% |
| 2010 | 2010-12-31 | 0.54 | 0.22 | +66.47% |
| 2009 | 2009-12-31 | 0.32 | — | — |
Lennox International quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.56 | −0.16 | −9.07% |
| Q1 2026 | 2026-03-31 | 1.61 | 0.08 | +5.25% |
| Q4 2025 | 2025-12-31 | 1.52 | −0.02 | −1.61% |
| Q3 2025 | 2025-09-30 | 1.28 | −0.61 | −32.16% |
| Q2 2025 | 2025-06-30 | 1.72 | −1.00 | −36.85% |
| Q1 2025 | 2025-03-31 | 1.53 | −2.96 | −65.95% |
| Q4 2024 | 2024-12-31 | 1.55 | −2.34 | −60.19% |
| Q3 2024 | 2024-09-30 | 1.89 | −8.81 | −82.35% |
| Q2 2024 | 2024-06-30 | 2.72 | −26.06 | −90.56% |
| Q1 2024 | 2024-03-31 | 4.49 | — | — |
| Q4 2023 | 2023-12-31 | 3.89 | — | — |
| Q3 2023 | 2023-09-30 | 10.70 | — | — |
| Q2 2023 | 2023-06-30 | 28.78 | — | — |
| Q4 2017 | 2017-12-31 | 20.04 | −2.81 | −12.29% |
| Q3 2017 | 2017-09-30 | 34.59 | −9.04 | −20.73% |
| Q2 2017 | 2017-06-30 | 112.16 | 77.92 | +227.55% |
| Q4 2016 | 2016-12-31 | 22.85 | 15.55 | +213.22% |
| Q3 2016 | 2016-09-30 | 43.63 | 34.22 | +363.41% |
| Q2 2016 | 2016-06-30 | 34.24 | 15.49 | +82.63% |
| Q4 2015 | 2015-12-31 | 7.29 | −95.55 | −92.91% |
| Q3 2015 | 2015-09-30 | 9.42 | 8.23 | +692.57% |
| Q2 2015 | 2015-06-30 | 18.75 | 17.58 | +1500.84% |
| Q4 2014 | 2014-12-31 | 102.84 | 102.02 | +12375.41% |
| Q3 2014 | 2014-09-30 | 1.19 | 0.29 | +31.72% |
| Q2 2014 | 2014-06-30 | 1.17 | −0.03 | −2.48% |
| Q1 2014 | 2014-03-31 | 1.15 | 0.01 | +0.46% |
| Q4 2013 | 2013-12-31 | 0.82 | 0.05 | +6.26% |
| Q3 2013 | 2013-09-30 | 0.90 | −0.04 | −4.48% |
| Q2 2013 | 2013-06-30 | 1.20 | 0.13 | +11.84% |
| Q1 2013 | 2013-03-31 | 1.14 | 0.05 | +4.27% |
| Q4 2012 | 2012-12-31 | 0.78 | −0.22 | −21.77% |
| Q3 2012 | 2012-09-30 | 0.94 | −0.06 | −5.75% |
| Q2 2012 | 2012-06-30 | 1.07 | 0.11 | +11.68% |
| Q1 2012 | 2012-03-31 | 1.10 | 0.23 | +26.34% |
| Q4 2011 | 2011-12-31 | 0.99 | 0.45 | +83.69% |
| Q3 2011 | 2011-09-30 | 1.00 | 0.34 | +50.58% |
| Q2 2011 | 2011-06-30 | 0.96 | 0.28 | +41.27% |
| Q1 2011 | 2011-03-31 | 0.87 | — | — |
| Q4 2010 | 2010-12-31 | 0.54 | 0.22 | +66.47% |
| Q3 2010 | 2010-09-30 | 0.67 | — | — |
| Q2 2010 | 2010-06-30 | 0.68 | — | — |
| Q4 2009 | 2009-12-31 | 0.32 | — | — |
Lennox International debt-to-equity ratio trends
Between the periods ended 2009-12-31 and 2025-12-31, Lennox International's debt-to-equity ratio increased from 0.32 to 1.52, a change of 1.20. The latest reported quarter, Q2 2026, shows 1.56.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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