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Side-by-side financial comparison of Lennox International (LII) and Magnera Corp (MAGN). Click either name above to swap in a different company.
Lennox International is the larger business by last-quarter revenue ($1.2B vs $792.0M, roughly 1.5× Magnera Corp). Lennox International runs the higher net margin — 13.6% vs -4.3%, a 17.9% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -11.2%). Lennox International produced more free cash flow last quarter ($376.7M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 6.8%).
Lennox International Inc. is an American provider of climate control products for the heating, ventilation, and air conditioning (HVAC) and refrigeration markets. Based in Richardson, Texas, the company is 9.8% owned by John W. Norris, III, a descendant of DW Norris, who acquired the company in 1904. The company's largest production facilities are in Saltillo, Mexico, Marshalltown, Iowa, and Orangeburg, South Carolina.
LII vs MAGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $792.0M |
| Net Profit | $162.1M | $-34.0M |
| Gross Margin | 34.7% | 12.2% |
| Operating Margin | 18.6% | 1.8% |
| Net Margin | 13.6% | -4.3% |
| Revenue YoY | -11.2% | 12.8% |
| Net Profit YoY | -18.0% | 43.3% |
| EPS (diluted) | $4.62 | $-0.95 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.2B | $792.0M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.5B | $839.0M | ||
| Q1 25 | $1.1B | $824.0M | ||
| Q4 24 | $1.3B | $702.0M | ||
| Q3 24 | $1.5B | $332.1M | ||
| Q2 24 | $1.5B | $556.0M | ||
| Q1 24 | $1.0B | $558.0M |
| Q4 25 | $162.1M | $-34.0M | ||
| Q3 25 | $245.8M | — | ||
| Q2 25 | $277.6M | $-18.0M | ||
| Q1 25 | $120.3M | $-41.0M | ||
| Q4 24 | $197.7M | $-60.0M | ||
| Q3 24 | $239.0M | $-15.2M | ||
| Q2 24 | $245.9M | $19.0M | ||
| Q1 24 | $124.3M | $14.0M |
| Q4 25 | 34.7% | 12.2% | ||
| Q3 25 | 32.8% | — | ||
| Q2 25 | 34.8% | 10.7% | ||
| Q1 25 | 30.6% | 10.7% | ||
| Q4 24 | 33.9% | 10.1% | ||
| Q3 24 | 32.6% | 10.7% | ||
| Q2 24 | 33.6% | 6.6% | ||
| Q1 24 | 32.5% | 6.2% |
| Q4 25 | 18.6% | 1.8% | ||
| Q3 25 | 21.7% | — | ||
| Q2 25 | 23.6% | 1.5% | ||
| Q1 25 | 14.5% | 0.5% | ||
| Q4 24 | 18.2% | -3.1% | ||
| Q3 24 | 20.2% | 0.9% | ||
| Q2 24 | 22.1% | 3.1% | ||
| Q1 24 | 15.9% | 3.8% |
| Q4 25 | 13.6% | -4.3% | ||
| Q3 25 | 17.2% | — | ||
| Q2 25 | 18.5% | -2.1% | ||
| Q1 25 | 11.2% | -5.0% | ||
| Q4 24 | 14.7% | -8.5% | ||
| Q3 24 | 16.0% | -4.6% | ||
| Q2 24 | 16.9% | 3.4% | ||
| Q1 24 | 11.9% | 2.5% |
| Q4 25 | $4.62 | $-0.95 | ||
| Q3 25 | $6.98 | — | ||
| Q2 25 | $7.82 | $-0.51 | ||
| Q1 25 | $3.37 | $-1.15 | ||
| Q4 24 | $5.52 | $-1.69 | ||
| Q3 24 | $6.68 | $-0.33 | ||
| Q2 24 | $6.87 | $0.60 | ||
| Q1 24 | $3.47 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.7M | $264.0M |
| Total DebtLower is stronger | $1.1B | $1.9B |
| Stockholders' EquityBook value | $1.2B | $1.0B |
| Total Assets | $4.1B | $3.9B |
| Debt / EquityLower = less leverage | 0.98× | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.7M | $264.0M | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $55.1M | $276.0M | ||
| Q1 25 | $222.9M | $282.0M | ||
| Q4 24 | $422.3M | $215.0M | ||
| Q3 24 | $255.7M | $230.0M | ||
| Q2 24 | $57.8M | $33.9M | ||
| Q1 24 | $57.6M | $30.2M |
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $838.2M | — | ||
| Q2 25 | $835.7M | $2.0B | ||
| Q1 25 | $834.2M | $2.0B | ||
| Q4 24 | $833.1M | $2.0B | ||
| Q3 24 | $827.6M | $2.0B | ||
| Q2 24 | $1.1B | $877.4M | ||
| Q1 24 | $1.2B | $884.7M |
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $900.5M | $1.1B | ||
| Q1 25 | $852.5M | $1.1B | ||
| Q4 24 | $850.2M | $1.1B | ||
| Q3 24 | $754.0M | $2.1B | ||
| Q2 24 | $577.4M | $2.4B | ||
| Q1 24 | $368.8M | $2.4B |
| Q4 25 | $4.1B | $3.9B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.7B | $4.1B | ||
| Q1 25 | $3.5B | $4.1B | ||
| Q4 24 | $3.5B | $4.0B | ||
| Q3 24 | $3.3B | $2.8B | ||
| Q2 24 | $3.2B | $1.5B | ||
| Q1 24 | $3.0B | $1.5B |
| Q4 25 | 0.98× | 1.86× | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.93× | 1.77× | ||
| Q1 25 | 0.98× | 1.83× | ||
| Q4 24 | 0.98× | 1.80× | ||
| Q3 24 | 1.10× | 0.91× | ||
| Q2 24 | 1.95× | 0.37× | ||
| Q1 24 | 3.13× | 0.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $405.9M | $2.0M |
| Free Cash FlowOCF − Capex | $376.7M | $-13.0M |
| FCF MarginFCF / Revenue | 31.5% | -1.6% |
| Capex IntensityCapex / Revenue | 2.4% | 1.9% |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $638.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $405.9M | $2.0M | ||
| Q3 25 | $300.7M | — | ||
| Q2 25 | $86.8M | $0 | ||
| Q1 25 | $-35.8M | $65.0M | ||
| Q4 24 | $332.4M | $-58.0M | ||
| Q3 24 | $452.1M | $12.2M | ||
| Q2 24 | $184.0M | $38.0M | ||
| Q1 24 | $-22.8M | $20.0M |
| Q4 25 | $376.7M | $-13.0M | ||
| Q3 25 | $265.1M | — | ||
| Q2 25 | $58.3M | — | ||
| Q1 25 | $-61.3M | $42.0M | ||
| Q4 24 | $272.2M | $-74.0M | ||
| Q3 24 | $410.9M | $3.6M | ||
| Q2 24 | $151.3M | $23.0M | ||
| Q1 24 | $-52.3M | $12.5M |
| Q4 25 | 31.5% | -1.6% | ||
| Q3 25 | 18.6% | — | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | -5.7% | 5.1% | ||
| Q4 24 | 20.2% | -10.5% | ||
| Q3 24 | 27.4% | 1.1% | ||
| Q2 24 | 10.4% | 4.1% | ||
| Q1 24 | -5.0% | 2.2% |
| Q4 25 | 2.4% | 1.9% | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.9% | 1.5% | ||
| Q1 25 | 2.4% | 2.8% | ||
| Q4 24 | 4.5% | 2.3% | ||
| Q3 24 | 2.8% | 2.6% | ||
| Q2 24 | 2.3% | 2.7% | ||
| Q1 24 | 2.8% | 1.3% |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | -0.30× | — | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.75× | 2.00× | ||
| Q1 24 | -0.18× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
