Lennox International Inc (LII)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 806,900 | 590,100 | 497,100 | 464,000 | 356,300 |
| Revenue | US$ in thousands | 5,341,300 | 4,981,900 | 4,718,400 | 4,194,100 | 3,634,100 |
| Net profit margin | 15.11% | 11.84% | 10.54% | 11.06% | 9.80% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $806,900K ÷ $5,341,300K
= 15.11%
In the analysis of Lennox International Inc's net profit margin over the period from December 31, 2020, to December 31, 2024, a consistent improvement in profitability is observed. The net profit margin increased from 9.80% in 2020 to 15.11% in 2024, indicating a positive trend in the company's ability to convert revenue into profit.
The steady growth in net profit margin suggests that Lennox International Inc has been effectively managing its expenses relative to its revenue, resulting in higher profitability. This improvement could be attributed to various factors such as operational efficiency, cost control measures, pricing strategies, or a favorable business environment.
Overall, the upward trajectory of the net profit margin indicates a positive financial performance for Lennox International Inc, reflecting its ability to generate increasing profits relative to its sales over the analyzed period.
Peer comparison
Dec 31, 2024