Lennox International annual r&d spending
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2025
Lennox International R&D Spending Growth & History (LII)
Lennox International's r&d spending was $103.4M for fiscal 2025.
View full Lennox International company overviewLennox International annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $103.4M | $9.8M | +10.47% |
| 2024 | 2024-12-31 | $93.6M | −$400,000 | −0.43% |
| 2023 | 2023-12-31 | $94.0M | $13.7M | +17.06% |
| 2022 | 2022-12-31 | $80.3M | $4.2M | +5.52% |
| 2021 | 2021-12-31 | $76.1M | $9.3M | +13.92% |
| 2020 | 2020-12-31 | $66.8M | −$3.1M | −4.43% |
| 2019 | 2019-12-31 | $69.9M | −$2.3M | −3.19% |
| 2018 | 2018-12-31 | $72.2M | −$1.4M | −1.90% |
| 2017 | 2017-12-31 | $73.6M | $9.0M | +13.93% |
| 2016 | 2016-12-31 | $64.6M | $2.3M | +3.69% |
| 2015 | 2015-12-31 | $62.3M | $1.6M | +2.64% |
| 2014 | 2014-12-31 | $60.7M | $7.0M | +13.04% |
| 2013 | 2013-12-31 | $53.7M | $3.0M | +5.92% |
| 2012 | 2012-12-31 | $50.7M | $400,000 | +0.80% |
| 2011 | 2011-12-31 | $50.3M | $800,000 | +1.62% |
| 2010 | 2010-12-31 | $49.5M | $600,000 | +1.23% |
| 2009 | 2009-12-31 | $48.9M | — | — |
Lennox International r&d spending trends
Over the last five fiscal years, Lennox International's r&d spending increased from $66.8M to $103.4M, a change of $36.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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