vs
Side-by-side financial comparison of Lennox International (LII) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Lennox International is the larger business by last-quarter revenue ($1.2B vs $853.7M, roughly 1.4× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 13.6%, a 9.5% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs -11.2%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% 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.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
LII vs PRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $853.7M |
| Net Profit | $162.1M | $197.0M |
| Gross Margin | 34.7% | — |
| Operating Margin | 18.6% | 28.9% |
| Net Margin | 13.6% | 23.1% |
| Revenue YoY | -11.2% | 11.0% |
| Net Profit YoY | -18.0% | 17.9% |
| EPS (diluted) | $4.62 | $6.11 |
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 | $853.7M | ||
| Q3 25 | $1.4B | $839.9M | ||
| Q2 25 | $1.5B | $793.3M | ||
| Q1 25 | $1.1B | $804.8M | ||
| Q4 24 | $1.3B | $768.8M | ||
| Q3 24 | $1.5B | $774.1M | ||
| Q2 24 | $1.5B | $803.4M | ||
| Q1 24 | $1.0B | $742.8M |
| Q4 25 | $162.1M | $197.0M | ||
| Q3 25 | $245.8M | $206.8M | ||
| Q2 25 | $277.6M | $178.3M | ||
| Q1 25 | $120.3M | $169.1M | ||
| Q4 24 | $197.7M | $167.1M | ||
| Q3 24 | $239.0M | $164.4M | ||
| Q2 24 | $245.9M | $1.2M | ||
| Q1 24 | $124.3M | $137.9M |
| Q4 25 | 34.7% | — | ||
| Q3 25 | 32.8% | — | ||
| Q2 25 | 34.8% | — | ||
| Q1 25 | 30.6% | — | ||
| Q4 24 | 33.9% | — | ||
| Q3 24 | 32.6% | — | ||
| Q2 24 | 33.6% | 98.0% | ||
| Q1 24 | 32.5% | 98.2% |
| Q4 25 | 18.6% | 28.9% | ||
| Q3 25 | 21.7% | 32.3% | ||
| Q2 25 | 23.6% | 29.6% | ||
| Q1 25 | 14.5% | 27.5% | ||
| Q4 24 | 18.2% | 64.7% | ||
| Q3 24 | 20.2% | 32.9% | ||
| Q2 24 | 22.1% | 1.0% | ||
| Q1 24 | 15.9% | 24.1% |
| Q4 25 | 13.6% | 23.1% | ||
| Q3 25 | 17.2% | 24.6% | ||
| Q2 25 | 18.5% | 22.5% | ||
| Q1 25 | 11.2% | 21.0% | ||
| Q4 24 | 14.7% | 21.7% | ||
| Q3 24 | 16.0% | 21.2% | ||
| Q2 24 | 16.9% | 0.1% | ||
| Q1 24 | 11.9% | 18.6% |
| Q4 25 | $4.62 | $6.11 | ||
| Q3 25 | $6.98 | $6.35 | ||
| Q2 25 | $7.82 | $5.40 | ||
| Q1 25 | $3.37 | $5.05 | ||
| Q4 24 | $5.52 | $4.92 | ||
| Q3 24 | $6.68 | $4.83 | ||
| Q2 24 | $6.87 | $0.03 | ||
| Q1 24 | $3.47 | $3.93 |
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 | $756.2M |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $1.2B | $2.4B |
| Total Assets | $4.1B | $15.0B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.7M | $756.2M | ||
| Q3 25 | $59.2M | $644.9M | ||
| Q2 25 | $55.1M | $621.2M | ||
| Q1 25 | $222.9M | $625.1M | ||
| Q4 24 | $422.3M | $687.8M | ||
| Q3 24 | $255.7M | $550.1M | ||
| Q2 24 | $57.8M | $627.3M | ||
| Q1 24 | $57.6M | $593.4M |
| Q4 25 | $1.1B | — | ||
| Q3 25 | $838.2M | — | ||
| Q2 25 | $835.7M | — | ||
| Q1 25 | $834.2M | — | ||
| Q4 24 | $833.1M | — | ||
| Q3 24 | $827.6M | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | $1.2B | $2.4B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $900.5M | $2.3B | ||
| Q1 25 | $852.5M | $2.3B | ||
| Q4 24 | $850.2M | $2.3B | ||
| Q3 24 | $754.0M | $1.9B | ||
| Q2 24 | $577.4M | $2.1B | ||
| Q1 24 | $368.8M | $2.2B |
| Q4 25 | $4.1B | $15.0B | ||
| Q3 25 | $3.5B | $14.8B | ||
| Q2 25 | $3.7B | $14.8B | ||
| Q1 25 | $3.5B | $14.6B | ||
| Q4 24 | $3.5B | $14.6B | ||
| Q3 24 | $3.3B | $14.8B | ||
| Q2 24 | $3.2B | $14.6B | ||
| Q1 24 | $3.0B | $14.9B |
| Q4 25 | 0.98× | — | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.98× | — | ||
| Q3 24 | 1.10× | — | ||
| Q2 24 | 1.95× | — | ||
| Q1 24 | 3.13× | — |
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 | $338.2M |
| Free Cash FlowOCF − Capex | $376.7M | — |
| FCF MarginFCF / Revenue | 31.5% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 2.50× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $638.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $405.9M | $338.2M | ||
| Q3 25 | $300.7M | $202.9M | ||
| Q2 25 | $86.8M | $162.6M | ||
| Q1 25 | $-35.8M | $197.5M | ||
| Q4 24 | $332.4M | $270.6M | ||
| Q3 24 | $452.1M | $207.3M | ||
| Q2 24 | $184.0M | $173.3M | ||
| Q1 24 | $-22.8M | $210.9M |
| Q4 25 | $376.7M | — | ||
| Q3 25 | $265.1M | — | ||
| Q2 25 | $58.3M | — | ||
| Q1 25 | $-61.3M | — | ||
| Q4 24 | $272.2M | — | ||
| Q3 24 | $410.9M | — | ||
| Q2 24 | $151.3M | — | ||
| Q1 24 | $-52.3M | — |
| Q4 25 | 31.5% | — | ||
| Q3 25 | 18.6% | — | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | -5.7% | — | ||
| Q4 24 | 20.2% | — | ||
| Q3 24 | 27.4% | — | ||
| Q2 24 | 10.4% | — | ||
| Q1 24 | -5.0% | — |
| Q4 25 | 2.4% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.8% | — |
| Q4 25 | 2.50× | 1.72× | ||
| Q3 25 | 1.22× | 0.98× | ||
| Q2 25 | 0.31× | 0.91× | ||
| Q1 25 | -0.30× | 1.17× | ||
| Q4 24 | 1.68× | 1.62× | ||
| Q3 24 | 1.89× | 1.26× | ||
| Q2 24 | 0.75× | 147.98× | ||
| Q1 24 | -0.18× | 1.53× |
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% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
