Wed, Apr 23, 4:14 PM (30 days ago)
**Lennox International Inc. (LII) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $1,072.6 million, up 2.4% from Q1 2024. - **Net Income:** $120.3 million, down from $124.3 million in Q1 2024. - **Earnings per Share (EPS):** $3.37 (diluted), down from $3.47 in Q1 2024. - **Gross Profit Margin:** 30.6%, down from 32.5% in Q1 2024 due to higher material costs and factory inefficiencies. - **Operating Income:** $155.6 million, down 6.7% from Q1 2024. **Segment Performance:** - **Home Comfort Solutions:** Revenue up 7%, segment profit up $5 million. - **Building Climate Solutions:** Revenue down 6%, segment profit down $25 million due to lower sales volumes and higher costs. - **Corporate and Other:** Segment loss decreased $9 million due to reduced SG&A costs. **Cash Flow:** - **Operating Cash Flow:** Negative $35.8 million, worse than negative $22.8 million in Q1 2024. - **Investing Cash Flow:** Negative $23.5 million, better than negative $30.7 million in Q1 2024. - **Financing Cash Flow:** Negative $141.2 million, worse than positive $42.4 million in Q1 2024 due to share repurchases. **Liquidity and Debt:** - **Cash and Cash Equivalents:** $217.2 million, down from $415.1 million in Q4 2024. - **Total Debt:** $1,149.4 million, up from $1,147.6 million in Q4 2024. - **Credit Facility:** $1.1 billion, with $1,098.3 million available for future borrowings. **Future Outlook:** - LII expects additional pricing gains to overcome tariffs while preserving profit margins. - The company is focused on mitigating commodity price volatility and improving operational efficiency. - LII aims to maintain investment-grade credit ratings to ensure access to capital markets. **Uncertainties:** - Weather-dependent demand for HVACR products. - Economic factors influencing new construction and replacement markets. - Commodity price volatility and tariff impacts. **Ticker:** LII