Lennox International Inc (LII)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,034,800 | 790,100 | 656,200 | 590,300 | 478,500 |
| Revenue | US$ in thousands | 5,341,300 | 4,981,900 | 4,718,400 | 4,194,100 | 3,634,100 |
| Operating profit margin | 19.37% | 15.86% | 13.91% | 14.07% | 13.17% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,034,800K ÷ $5,341,300K
= 19.37%
From the data provided, Lennox International Inc's operating profit margin has shown a generally positive trend over the years, starting at 13.17% on December 31, 2020 and steadily increasing to 19.37% by December 31, 2024. This indicates that the company has been able to effectively control its operating expenses in relation to its revenue, resulting in a higher proportion of operating profit.
The improvement in operating profit margin from 2020 to 2024 suggests that Lennox International Inc has likely implemented cost-saving measures, enhanced operational efficiency, or experienced revenue growth during this period. A rising operating profit margin is a positive indicator of the company's ability to generate profits from its core business operations.
Overall, the trend in Lennox International Inc's operating profit margin reflects a strong performance in managing operating costs and maximizing profitability over the years covered in the data.
Peer comparison
Dec 31, 2024