Lennox International (MIL:1LII) Cyclically Adjusted FCF per Share: €12.83 (As of Mar. 2026)

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MIL:1LII Lennox International Inc MIL:1LII
93 GF Score
Price €493.20
GF Value €501.24
! 3 Warning Signs
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What is Lennox International Cyclically Adjusted FCF per Share?

Lennox International MIL:1LII 93 Cyclically Adjusted FCF per Share is €12.83 as of Mar. 2026. GuruFocus rates MIL:1LII with a GF Score™ of 93/100 and a GF Value™ of €501.24. The stock has 3 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 Mar. 2026 was €-0.974. 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 €12.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lennox International's average Cyclically Adjusted FCF Growth Rate was 11.60% 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 (2026-07-21), Lennox International's current stock price is €493.20. Lennox International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €12.83. Lennox International's Cyclically Adjusted Price-to-FCF of today is 38.44.

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 48.80.


Lennox International  (MIL:1LII) 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
=493.20/12.83
=38.44

* 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 48.80.


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 0.00 0.00 0.00 0.00 11.29

Lennox International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 11.92 11.29 12.83

MIL:1LII 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.


MIL:1LII
93GF Score
Lennox International Inc MIL:1LII
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 Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.974/330.2130*330.2130
=-0.974

Current CPI (Mar. 2026) = 330.2130.

Lennox International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.179 241.018 1.615
201609 2.742 241.428 3.750
201612 4.851 241.432 6.635
201703 -2.848 243.801 -3.857
201706 0.846 244.955 1.140
201709 3.170 246.819 4.241
201712 3.147 246.524 4.215
201803 -2.046 249.554 -2.707
201806 0.579 251.989 0.759
201809 5.239 252.439 6.853
201812 4.990 251.233 6.559
201903 -3.933 254.202 -5.109
201906 0.307 256.143 0.396
201909 4.936 256.759 6.348
201912 5.593 256.974 7.187
202003 -2.888 258.115 -3.695
202006 2.000 257.797 2.562
202009 9.398 260.280 11.923
202012 3.058 260.474 3.877
202103 -0.928 264.877 -1.157
202106 3.769 271.696 4.581
202109 4.567 274.310 5.498
202112 1.940 278.802 2.298
202203 -3.077 287.504 -3.534
202206 2.019 296.311 2.250
202209 4.285 296.808 4.767
202212 2.609 296.797 2.903
202303 -2.996 301.836 -3.278
202306 3.775 305.109 4.086
202309 7.178 307.789 7.701
202312 4.613 306.746 4.966
202403 -1.344 312.332 -1.421
202406 3.926 314.175 4.126
202409 10.341 315.301 10.830
202412 7.261 315.605 7.597
202503 -1.588 319.799 -1.640
202506 1.424 322.561 1.458
202509 6.417 324.800 6.524
202512 9.165 324.054 9.339
202603 -0.974 330.213 -0.974

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 €12.83 mean?
Lennox International (MIL:1LII) has a Cyclically Adjusted FCF per Share of €12.83 as of Mar. 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 €12.83. Overall, Lennox International has a GF Score™ of 93/100, 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 €12.83 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 €12.83. 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?
Lennox International (MIL:1LII) has a current Cyclically Adjusted FCF per Share of €12.83. The stock's GF Value™ is €501.24, compared to a current price of €493.20 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €12.83. Lennox International's overall GF Score™ is 93/100 with 3 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 (MIL:1LII), the current Cyclically Adjusted FCF per Share is €12.83 as of Mar. 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 (MIL:1LII) Overvalued in 2026?

Based on GuruFocus' analysis, Lennox International stock appears to be undervalued. The current stock price of €493.20 is trading 1.6% below its estimated GF Value™ of €501.24.

Key valuation signals for MIL:1LII:

  • Cyclically Adjusted FCF per Share: €12.83
  • GF Value™: €501.24 vs. price of €493.20 (1.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the MIL:1LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lennox International Business Description

Other Exchanges LII:USALXI: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.
93GF Score

Get the complete analysis for MIL:1LII

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

€493.20
Price
€501.24
GF Value