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Below are the financial statements of Lennox International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Lennox International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 5,341.3a | 4,981.9a | 4,718.4a |
| Cost of goods sold | -3,569.4a | -3,434.1a | -3,433.7a |
| Gross profit | 1,771.9a | 1,547.8a | 1,284.7a |
| Operating expenses | — | — | — |
| Selling, general and administrative expenses | -730.6a | -705.5a | -627.2a |
| Losses and other expenses, net | 12.9a | 8.5a | 4.9a |
| Restructuring charges | 0a | -3.1a | -1.5a |
| Impairment on assets held for sale | 0a | -63.2a | 0a |
| Loss (gain) on sale from previous dispositions | 1.5a | -14.1a | 0a |
| Income from equity method investments | -7.9a | -8.5a | -5.1a |
| Operating income | 1,034.8a | 790.1a | 656.2a |
| Pension settlements | -0.4a | -0.8a | -0.2a |
| Interest expense, net | -38.7a | -51.7a | -38.7a |
| Other expense, net | -1.9a | -0.1a | -1.9a |
| Income before income taxes | 993.8a | 737.5a | 615.8a |
| Provision for income taxes | -186.9a | -147.4a | -118.7a |
| Net income | 806.9a | 590.1a | 497.1a |
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