Lennox International Inc (LII)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 789,100 | 736,500 | 735,200 | 682,500 | 654,400 | 618,800 | 595,000 | 584,100 | 585,300 | 625,900 | 630,300 | 549,500 | 472,700 | 488,200 | 478,700 | 497,000 | 555,200 | 518,300 | 506,200 | 546,300 |
| Long-term debt | US$ in thousands | — | — | — | — | 0 | 400,000 | 400,000 | 279,000 | 250,000 | — | — | — | 0 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 285,300 | 159,500 | 62,600 | -125,900 | -203,100 | -305,200 | -401,300 | -410,200 | -269,000 | -334,800 | -213,300 | -160,700 | -17,100 | -115,700 | -228,900 | -318,300 | -170,200 | -277,300 | -217,500 | -204,800 |
| Return on total capital | 276.59% | 461.76% | 1,174.44% | — | — | 652.74% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $789,100K ÷ ($—K + $285,300K)
= 276.59%
Lennox International Inc's return on total capital has shown a generally positive trend over the past 8 quarters, ranging from 44.73% to 53.49%. The company has consistently achieved above-average returns on its total capital during this period, with the highest return being in Q4 2023. This indicates that Lennox International Inc has been effectively utilizing its capital resources to generate profits for its shareholders. Overall, the company's strong performance in terms of return on total capital reflects its efficient management of capital and ability to generate favorable returns on investments.
Peer comparison
Dec 31, 2023