Lennox International Inc (LII)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 590,100 | 497,100 | 464,000 | 356,300 | 408,700 |
| Revenue | US$ in thousands | 4,981,900 | 4,718,400 | 4,194,100 | 3,634,100 | 3,807,200 |
| Net profit margin | 11.84% | 10.54% | 11.06% | 9.80% | 10.73% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $590,100K ÷ $4,981,900K
= 11.84%
The net profit margin of Lennox International Inc has shown a generally positive trend over the past five years, ranging between 9.80% and 11.84%. This indicates the company's ability to efficiently convert revenue into profit after accounting for all expenses. The highest net profit margin of 11.84% in 2023 reflects improved profitability compared to the previous years, while the lowest margin of 9.80% in 2020 suggests some challenges impacting profitability during that period. Overall, the consistent positive net profit margins demonstrate Lennox International Inc's effective cost management and profitability performance.
Peer comparison
Dec 31, 2023