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Lennox InternationalMIL:1LII 93 Interest Coverage is 10.93 as of Mar. 2026, which is 33% below its 10-year median of 16.29. 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. Among 1,359 Construction companies, Lennox International ranks better than 67.4% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Lennox International's
Operating Income
for the
three
months ended in Mar. 2026 was €144 Mil. Lennox International's Interest Expense for the
three
months ended in Mar. 2026 was €-13 Mil.
Lennox International's interest coverage for the quarter that ended in Mar. 2026 was 10.93.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Lennox International's Interest Coverage or its related term are showing as below:
MIL:1LII'
s Interest Coverage Range Over the Past 10 Years
Min: 10.2 Med: 16.29 Max: 23.73
Current: 19.17
MIL:1LII's Interest Coverage is ranked better than 67.4% of 1359
companies
in the Construction industry
Industry Median: 7.94
vs MIL:1LII: 19.17
Lennox International (MIL:1LII) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Lennox International Interest Coverage Related Terms
Lennox International Interest Coverage Historical Data
* Premium members only.
The historical data trend for Lennox International's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MIL:1LII vs MAIR, MAS, CSL: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Lennox International's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Lennox International's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lennox International's Interest Coverage falls into.
Lennox International Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MIL:1LII) has a Interest Coverage of 10.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lennox International and its competitors. This is 33% below median its historical median of 16.29. Over the past decade, Lennox International's Interest Coverage has ranged from 10.20 to 23.73. According to the industry distribution chart, Lennox International ranks #443 out of 1359 companies in the Construction industry, placing it in the top 32.6%.
Is Lennox International's Interest Coverage too high?
Lennox International's current Interest Coverage of 10.93 is 33% below median its 10-year median of 16.29. Over the past 10 years, this metric has ranged from a low of 10.20 to a high of 23.73. The Construction industry median Interest Coverage is 7.94. Lennox International's value of 10.93 is 37.7% above this industry median. Based on the distribution chart, Lennox International ranks #443 out of 1359 companies in the Construction industry, which is above the industry midpoint. 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 Interest Coverage compare to MAIR and MAS?
According to the Construction industry distribution chart, Lennox International ranks #443 out of 1359 companies for Interest Coverage. This puts Lennox International in the upper half of its industry. The industry median Interest Coverage is 7.94. Lennox International's value of 10.93 is 37.7% above this benchmark. Historically, Lennox International's own Interest Coverage has ranged from 10.20 to 23.73 over the past decade. While the company's 10-year median is 16.29 vs. the industry median of 7.94, 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennox International's current Interest Coverage of 10.93 is 37.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lennox International and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current Interest Coverage is 10.93, which is 33% below median its own 10-year median of 16.29. 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 Interest Coverage of 10.93. 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 Interest Coverage is 10.93, which is 33% below median its 10-year median of 16.29 and 37.7% above the Construction industry median of 7.94. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Lennox International (MIL:1LII), the current Interest Coverage is 10.93 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:
Interest Coverage: 10.93 (33% below median its 10-year median of 16.29)
GF Value™: €501.24 vs. price of €493.20 (1.6% below fair value)
Industry Position: 37.7% above the Construction median (#443 of 1359)
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 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
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