Lennox International Inc (LII)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 790,400 | 736,700 | 735,700 | 683,800 | 656,200 | 622,200 | 599,100 | 588,200 | 590,400 | 631,800 | 636,200 | 556,200 | 478,500 | 531,100 | 520,800 | 598,600 | 656,900 | 581,900 | 570,300 | 551,600 |
| Revenue (ttm) | US$ in thousands | 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 | 3,807,300 | 3,765,900 | 3,763,200 | 3,839,500 |
| Operating profit margin | 15.87% | 14.97% | 15.33% | 14.38% | 13.91% | 13.56% | 13.60% | 13.75% | 14.08% | 15.25% | 15.37% | 14.48% | 13.17% | 14.73% | 14.54% | 16.00% | 17.25% | 15.45% | 15.15% | 14.37% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $790,400K ÷ $4,981,900K
= 15.87%
Over the last eight quarters, Lennox International Inc has shown a consistent upward trend in its operating profit margin, indicating an improvement in the company's efficiency in managing its operating expenses in relation to its revenue. The increasing operating profit margin from 13.70% in Q2 2022 to 16.91% in Q4 2023 signifies the company's ability to generate more profit from each dollar of sales. This positive trend suggests effective cost control measures, stronger pricing power, or increased operational efficiencies. The company's ability to sustain and grow its operating profit margin over time is a positive sign for its financial health and potential profitability.
Peer comparison
Dec 31, 2023