Lennox International Inc (LII)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,034,800 | 975,500 | 859,000 | 817,700 | 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 |
| Total assets | US$ in thousands | 3,471,800 | 3,313,200 | 3,221,900 | 2,985,400 | 2,798,300 | 2,890,100 | 2,981,300 | 2,770,400 | 2,567,600 | 2,625,800 | 2,659,000 | 2,456,900 | 2,171,900 | 2,123,500 | 2,204,700 | 2,075,000 | 2,032,500 | 1,981,200 | 2,124,300 | 2,128,400 |
| Operating ROA | 29.81% | 29.44% | 26.66% | 27.39% | 28.25% | 25.49% | 24.68% | 24.68% | 25.56% | 23.70% | 22.53% | 23.94% | 27.18% | 29.75% | 28.86% | 26.80% | 23.54% | 26.81% | 24.52% | 28.12% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,034,800K ÷ $3,471,800K
= 29.81%
Operating ROA for Lennox International Inc has shown fluctuations over the given period, ranging from a low of 22.53% on June 30, 2022, to a high of 29.81% on December 31, 2024. The overall trend indicates that the company has generally maintained a strong performance in generating operating income relative to its assets, with the metric consistently above 20%.
There were periods of improvement in operating ROA, such as from September 30, 2020, to December 31, 2021, and from September 30, 2023, to December 31, 2024, where the metric showed an upward trajectory. However, there were also fluctuations during certain quarters, indicating possible operational challenges or changes in the business environment impacting the company's ability to efficiently utilize its assets to generate operating income.
It is important for Lennox International Inc to continue monitoring and managing its operating ROA to ensure sustained profitability and efficiency in asset utilization. Further analysis of the underlying factors driving these fluctuations in operating ROA can provide insights into areas for improvement or optimization within the company's operations.
Peer comparison
Dec 31, 2024