Lennox International Inc (LII)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 806,900 | 753,700 | 645,100 | 616,400 | 590,100 | 540,000 | 551,500 | 511,500 | 497,100 | 486,300 | 470,700 | 463,500 | 464,100 | 492,200 | 497,600 | 427,600 | 356,300 | 358,600 | 341,600 | 352,300 |
| 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 |
| ROA | 23.24% | 22.75% | 20.02% | 20.65% | 21.09% | 18.68% | 18.50% | 18.46% | 19.36% | 18.52% | 17.70% | 18.87% | 21.37% | 23.18% | 22.57% | 20.61% | 17.53% | 18.10% | 16.08% | 16.55% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $806,900K ÷ $3,471,800K
= 23.24%
Based on the data provided for Lennox International Inc's return on assets (ROA) from March 31, 2020, to December 31, 2024, the ROA has shown some fluctuations over the period. ROA is a measure of a company's ability to generate profit from its assets.
- The ROA started at 16.55% on March 31, 2020, and gradually increased to a peak of 23.24% by December 31, 2024.
- The ROA generally demonstrated an upward trend, with occasional fluctuations observed in some quarters.
- The highest ROA was recorded in the last quarter of 2024, indicating the company's effective management of assets to generate profit.
- However, there were slight decreases in the ROA in some quarters, such as in June 2020 and June 2022, but the overall trend remained positive.
- The company's ability to maintain ROA above 20% in several quarters suggests efficient asset utilization and profitability.
- Investors and stakeholders may view the increasing trend in ROA favorably as it indicates improving financial performance and profitability over time.
In conclusion, Lennox International Inc's ROA has shown a generally positive trend with some fluctuations over the period, reflecting the company's ability to utilize its assets effectively to generate profit.
Peer comparison
Dec 31, 2024