Lennox International (STU:LXI) Piotroski F-Score: 6 (As of Jul. 21, 2026) — Near Median

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STU:LXI Lennox International Inc STU:LXI
92 GF Score
Price €467.40
GF Value €469.91
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Lennox International Piotroski F-Score?

Lennox International STU:LXI -1.31% 92 Piotroski F-Score is 6 as of Jul. 21, 2026, which is at its 10-year median of 6.00. GuruFocus rates STU:LXI with a GF Score™ of 92/100 and a GF Value™ of €469.91 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,729 Construction companies, Lennox International ranks better than 74.15% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Lennox International has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Lennox International's Piotroski F-Score or its related term are showing as below:

STU:LXI' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Lennox International was 9. The lowest was 4. And the median was 6.

Lennox International  (STU:LXI) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Lennox International Piotroski F-Score Related Terms


Lennox International Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Lennox International's Piotroski F-Score 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 Piotroski F-Score Chart

Lennox International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 6.00 8.00 5.00

Lennox International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 9.00 6.00 6.00 5.00 6.00

STU:LXI vs MAIR, MAS, CSL: Piotroski F-Score Comparison

For the Building Products & Equipment subindustry, Lennox International's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Lennox International's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Lennox International's Piotroski F-Score falls into.


STU:LXI
92GF Score
Lennox International Inc STU:LXI
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 240.679 + 209.422 + 138.433 + 101.378 = €690 Mil.
Cash Flow from Operations was 75.256 + 256.196 + 346.639 + 13.926 = €692 Mil.
Revenue was 1301.28 + 1215.634 + 1020.53 + 981.861 = €4,519 Mil.
Gross Profit was 453.007 + 399.247 + 354.581 + 303.874 = €1,511 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3196.245 + 3166.891 + 3002.959 + 3485.857 + 3713.185) / 5 = €3313.0274 Mil.
Total Assets at the begining of this year (Mar25) was €3,196 Mil.
Long-Term Debt & Capital Lease Obligation was €1,290 Mil.
Total Current Assets was €1,758 Mil.
Total Current Liabilities was €1,118 Mil.
Net Income was 228.441 + 215.339 + 192.815 + 119.88 = €756 Mil.

Revenue was 1348.072 + 1349.788 + 1284.475 + 992.155 = €4,974 Mil.
Gross Profit was 453.538 + 440.048 + 440.16 + 315.332 = €1,649 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2746.568 + 2993.145 + 2985.193 + 3457.1 + 3196.245) / 5 = €3075.6502 Mil.
Total Assets at the begining of last year (Mar24) was €2,747 Mil.
Long-Term Debt & Capital Lease Obligation was €1,016 Mil.
Total Current Assets was €1,716 Mil.
Total Current Liabilities was €1,198 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Lennox International's current Net Income (TTM) was 690. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Lennox International's current Cash Flow from Operations (TTM) was 692. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=689.912/3196.245
=0.21585079

ROA (Last Year)=Net Income/Total Assets (Mar24)
=756.475/2746.568
=0.27542555

Lennox International's return on assets of this year was 0.21585079. Lennox International's return on assets of last year was 0.27542555. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Lennox International's current Net Income (TTM) was 690. Lennox International's current Cash Flow from Operations (TTM) was 692. ==> 692 > 690 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=1290.493/3313.0274
=0.38952077

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1015.742/3075.6502
=0.33025277

Lennox International's gearing of this year was 0.38952077. Lennox International's gearing of last year was 0.33025277. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1757.766/1118.012
=1.57222463

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1715.875/1197.505
=1.43287502

Lennox International's current ratio of this year was 1.57222463. Lennox International's current ratio of last year was 1.43287502. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Lennox International's number of shares in issue this year was 35. Lennox International's number of shares in issue last year was 35.7. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1510.709/4519.305
=0.33427905

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1649.078/4974.49
=0.33150695

Lennox International's gross margin of this year was 0.33427905. Lennox International's gross margin of last year was 0.33150695. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=4519.305/3196.245
=1.41394199

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4974.49/2746.568
=1.81116579

Lennox International's asset turnover of this year was 1.41394199. Lennox International's asset turnover of last year was 1.81116579. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+1+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Lennox International has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Lennox International (STU:LXI) has a Piotroski F-Score of 6 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lennox International and its competitors. This is near median its historical median of 6.00. Over the past decade, Lennox International's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Lennox International ranks #447 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Lennox International's Piotroski F-Score too high?
Lennox International's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Lennox International's value of 6 is 20% above this industry median. Based on the distribution chart, Lennox International ranks #447 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Lennox International has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lennox International's Piotroski F-Score compare to MAIR and MAS?
According to the Construction industry distribution chart, Lennox International ranks #447 out of 1729 companies for Piotroski F-Score. This puts Lennox International in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Lennox International's value of 6 is 20% above this benchmark. Historically, Lennox International's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Lennox International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennox International's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Lennox International and its competitors. For the Construction industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. 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 (STU:LXI) is currently considered Fairly Valued. The stock's GF Value™ is €469.91, compared to a current price of €467.40 — trading 0.5% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Construction industry median of 5.00. Lennox International's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Lennox International (STU:LXI), the current Piotroski F-Score is 6 as of Jul. 21, 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 (STU:LXI) Overvalued in 2026?

Based on GuruFocus' analysis, Lennox International stock appears to be undervalued. The current stock price of €467.40 is trading 0.5% below its estimated GF Value™ of €469.91. GuruFocus considers Lennox International to be Fairly Valued.

Key valuation signals for STU:LXI:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: €469.91 vs. price of €467.40 (0.5% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 20% above the Construction median (#447 of 1729)

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


Lennox International Business Description

Other Exchanges LII:USA
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 STU:LXI

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€467.40
Price
€469.91
GF Value