Trade Lennox International Inc - LII CFD

Lennox Company profile

About Lennox International Inc.

Lennox International Inc. is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling and Refrigeration. Residential Heating & Cooling segment manufactures and markets a range of furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies and related products. Commercial Heating & Cooling segment manufactures and sells unitary heating and cooling equipment used in light commercial applications, such as low-rise office buildings, restaurants, retail centers, churches and schools. Refrigeration segment manufactures and markets equipment for the global commercial refrigeration markets under the Heatcraft Worldwide Refrigeration name.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Lennox International Inc. revenues increased 15% to $4.19B. Net income before extraordinary items increased 30% to $464M. Revenues reflect Residential Heating & Cooling segment increase of 18% to $2.78B, Refrigeration segment increase of 17% to $553.7M, Commercial Heating & Cooling segment increase of 8% to $864.8M.

Equity composition

Common Stock $.01 Par, 09/11, 200M auth., 86,648,631 issd., less 35,090,313 shs. in Treas. @ $1038M. Insiders own 13.42%. IPO7/29/99, 8.5M shares (8,088,490 by the Company) @ $18.875 by Morgan Stanley Dean Witter. FY'04 Q's delayed due to an inquiry being conducted for the Company's business segment.