Lennox International Inc (LII)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 806,900 | 590,100 | 497,100 | 464,000 | 356,300 |
| Total stockholders’ equity | US$ in thousands | 850,200 | 285,300 | -203,100 | -269,000 | -17,100 |
| ROE | 94.91% | 206.83% | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $806,900K ÷ $850,200K
= 94.91%
The return on equity (ROE) for Lennox International Inc has shown significant fluctuations over the years. As per the data provided, the ROE was not available for the years ending December 31, 2020, 2021, and 2022, suggesting potential challenges or changes in the company's financial performance during those periods.
However, there was a remarkable improvement in ROE for the year ending December 31, 2023, reaching a substantial 206.83%. This surge indicates that the company was able to generate substantial profits relative to shareholders' equity, reflecting strong management efficiency and profitability.
Subsequently, the ROE dropped to 94.91% for the year ending December 31, 2024. While this figure is still respectable, the decrease in ROE suggests a potential decline in profitability or efficient utilization of equity compared to the prior year.
In conclusion, the ROE trend for Lennox International Inc highlights both positive and negative aspects in its financial performance over the years, signaling the need for further analysis to understand the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2024