Lennox International Inc (LII)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,771,900 | 1,671,400 | 1,611,500 | 1,581,100 | 1,547,700 | 1,478,100 | 1,383,800 | 1,323,100 | 1,284,700 | 1,253,100 | 1,214,100 | 1,200,200 | 1,188,500 | 1,210,200 | 1,238,300 | 1,130,800 | 1,040,000 | 1,012,500 | 987,500 | 1,043,900 |
| Revenue (ttm) | US$ in thousands | 5,341,300 | 5,151,100 | 5,019,300 | 4,979,600 | 4,981,900 | 4,920,900 | 4,799,500 | 4,754,400 | 4,718,400 | 4,589,400 | 4,404,400 | 4,277,100 | 4,194,200 | 4,143,400 | 4,138,500 | 3,840,800 | 3,634,100 | 3,605,100 | 3,583,000 | 3,740,800 |
| Gross profit margin | 33.17% | 32.45% | 32.11% | 31.75% | 31.07% | 30.04% | 28.83% | 27.83% | 27.23% | 27.30% | 27.57% | 28.06% | 28.34% | 29.21% | 29.92% | 29.44% | 28.62% | 28.09% | 27.56% | 27.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,771,900K ÷ $5,341,300K
= 33.17%
Lennox International Inc's gross profit margin fluctuated over the period from March 31, 2020, to December 31, 2024. The margin started at 27.91% in March 2020, decreased slightly to 27.56% in June 2020, and then increased to 28.09% in September 2020. Over the next few quarters, the margin continued to improve, reaching its peak at 33.17% by December 31, 2024.
The company experienced some variability in its gross profit margin during this period, with fluctuations likely influenced by factors such as sales volume, pricing strategies, input costs, and operational efficiency. Overall, the trend shows a generally positive trajectory, indicating improvements in the company's ability to generate profit from its core operations. However, it is worth noting that a detailed analysis of the underlying factors driving these changes would be necessary to fully understand the dynamics of Lennox International Inc's gross profit margin performance.
Peer comparison
Dec 31, 2024