Lennox International Inc (LII)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 737,400 | 683,500 | 682,900 | 636,500 | 615,800 | 586,600 | 566,800 | 558,200 | 560,200 | 600,900 | 605,300 | 524,000 | 444,500 | 455,100 | 439,600 | 451,700 | 507,700 | 472,000 | 462,100 | 505,500 |
| 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 |
| Pretax margin | 14.80% | 13.89% | 14.23% | 13.39% | 13.05% | 12.78% | 12.87% | 13.05% | 13.36% | 14.50% | 14.63% | 13.64% | 12.23% | 12.62% | 12.27% | 12.07% | 13.33% | 12.53% | 12.28% | 13.17% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $737,400K ÷ $4,981,900K
= 14.80%
Lennox International Inc's pretax margin has shown a consistent and favorable trend over the past eight quarters. In Q4 2023, the pretax margin increased to 14.80%, marking a continued improvement from the previous quarters. This indicates that the company's ability to generate profits before accounting for taxes has strengthened. The Q4 2023 pretax margin of 14.80% is higher compared to the same quarter in the previous year, reflecting improved operational efficiency or cost management. Overall, the upward trajectory of Lennox International Inc's pretax margin suggests effective management of costs and operations, potentially resulting in stronger financial performance.
Peer comparison
Dec 31, 2023