LII (Lennox International) Cyclically Adjusted FCF per Share: $13.83 (As of Jun. 2026)

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LII Lennox International Inc LII
92 GF Score
Price $446.87
GF Value $545.04
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lennox International Cyclically Adjusted FCF per Share?

Lennox International LII +0.03% 92 Cyclically Adjusted FCF per Share is $13.83 as of Jun. 2026. GuruFocus rates LII with a GF Score™ of 92/100 and a GF Value™ of $545.04 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Lennox International's adjusted free cash flow per share for the three months ended in Jun. 2026 was $3.917. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $13.83 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Lennox International's average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Lennox International was 26.90% per year. The lowest was -6.00% per year. And the median was 15.40% per year.

As of today (2026-08-05), Lennox International's current stock price is $446.87. Lennox International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $13.83. Lennox International's Cyclically Adjusted Price-to-FCF of today is 32.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lennox International was 71.65. The lowest was 24.53. And the median was 48.71.


Lennox International  (NYSE:LII) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Lennox International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=446.87/13.83
=32.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lennox International was 71.65. The lowest was 24.53. And the median was 48.71.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Lennox International Cyclically Adjusted FCF per Share Related Terms


Lennox International Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Lennox International's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lennox International Cyclically Adjusted FCF per Share Chart

Lennox International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 8.22 9.50 11.67 12.95

Lennox International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.18 12.58 12.95 13.47 13.83

LII vs MAIR, MAS, CSL: Cyclically Adjusted FCF per Share Comparison

For the Building Products & Equipment subindustry, Lennox International's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennox International Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Lennox International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lennox International's Cyclically Adjusted Price-to-FCF falls into.


LII
92GF Score
Lennox International Inc LII
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lennox International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Lennox International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.917/333.9520*333.9520
=3.917

Current CPI (Jun. 2026) = 333.9520.

Lennox International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 3.078 241.428 4.258
201612 5.118 241.432 7.079
201703 -3.046 243.801 -4.172
201706 0.951 244.955 1.297
201709 3.778 246.819 5.112
201712 3.725 246.524 5.046
201803 -2.523 249.554 -3.376
201806 0.676 251.989 0.896
201809 6.113 252.439 8.087
201812 5.677 251.233 7.546
201903 -4.444 254.202 -5.838
201906 0.347 256.143 0.452
201909 5.436 256.759 7.070
201912 6.215 256.974 8.077
202003 -3.191 258.115 -4.129
202006 2.253 257.797 2.919
202009 11.070 260.280 14.203
202012 3.720 260.474 4.769
202103 -1.105 264.877 -1.393
202106 4.541 271.696 5.582
202109 5.373 274.310 6.541
202112 2.192 278.802 2.626
202203 -3.389 287.504 -3.937
202206 2.134 296.311 2.405
202209 4.242 296.808 4.773
202212 2.763 296.797 3.109
202303 -3.208 301.836 -3.549
202306 4.090 305.109 4.477
202309 7.661 307.789 8.312
202312 5.031 306.746 5.477
202403 -1.461 312.332 -1.562
202406 4.226 314.175 4.492
202409 11.478 315.301 12.157
202412 7.603 315.605 8.045
202503 -1.717 319.799 -1.793
202506 1.642 322.561 1.700
202509 7.531 324.800 7.743
202512 10.732 324.054 11.060
202603 -1.126 330.213 -1.139
202606 3.917 333.952 3.917

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $13.83 mean?
Lennox International (LII) has a Cyclically Adjusted FCF per Share of $13.83 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Lennox International and its competitors.
Is Lennox International's Cyclically Adjusted FCF per Share too high?
Lennox International's current Cyclically Adjusted FCF per Share is $13.83. Overall, Lennox International has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lennox International's Cyclically Adjusted FCF per Share compare to MAIR and MAS?
Lennox International's Cyclically Adjusted FCF per Share of $13.83 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Lennox International and its competitors. Lennox International's current Cyclically Adjusted FCF per Share is $13.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennox International stock overvalued right now?
Based on GuruFocus' analysis, Lennox International (LII) is currently considered Modestly Undervalued. The stock's GF Value™ is $545.04, compared to a current price of $446.87 — trading 18% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $13.83. Lennox International's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Lennox International (LII), the current Cyclically Adjusted FCF per Share is $13.83 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lennox International (LII) Overvalued in 2026?

Based on GuruFocus' analysis, Lennox International stock appears to be undervalued. The current stock price of $446.87 is trading 18% below its estimated GF Value™ of $545.04. GuruFocus considers Lennox International to be Modestly Undervalued.

Key valuation signals for LII:

  • Cyclically Adjusted FCF per Share: $13.83
  • GF Value™: $545.04 vs. price of $446.87 (18% below fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lennox International Business Description

Other Exchanges LXI:Germany
Address 2140 Lake Park Boulevard, Richardson, TX, USA, 75080
Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounts for 67% of sales and commercial HVAC (building climate solutions) accounts for the remaining 33% of sales. Lennox's commercial exposure is what its peers refer to as residential and light commercial, and lacks the scale and complexity of what is referred to as an applied solution. The company goes to market with multiple brands, but Lennox is its flagship HVAC brand.
92GF Score

Get the complete analysis for LII

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$446.87
Price
$545.04
GF Value