Is it safe?
Can LII take a bad year?
Lennox International carries $1.47B of net debt at 1.28× EBITDA: a load its earnings can carry.
$1.47B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.28×
Net debt / EBITDA · 0.81× a year ago · the load is going up
- Altman Z-score
- 7.95
Altman Z-score · safe zone, above 3
- Interest cover
- 20.8×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $1.52B
- Cash and short-term investments
- $50M
- Net debt
- $1.47B
- EBITDA, trailing twelve months
- $1.15B
- Operating profit, trailing twelve months
- $1.04B
- Debt / equity
- 1.25×
- Total debt / EBITDA
- 1.32×
- Annualised volatilitytwo years of daily moves
- 37%
- Worst drawdown on file
- −47%
- Below its 52-week high
- −35%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Building Products & Equipment
Ranks #3 of 18 by Smart Score