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Side-by-side financial comparison of Lennox International (LII) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× Lennox International). Lennox International runs the higher net margin — 13.6% vs 3.1%, a 10.4% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -11.2%). Lennox International produced more free cash flow last quarter ($376.7M vs $257.7M). Over the past eight quarters, Lennox International's revenue compounded faster (6.8% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
LII vs SEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $162.1M | $43.8M |
| Gross Margin | 34.7% | 28.6% |
| Operating Margin | 18.6% | 11.4% |
| Net Margin | 13.6% | 3.1% |
| Revenue YoY | -11.2% | 2.6% |
| Net Profit YoY | -18.0% | 700.0% |
| EPS (diluted) | $4.62 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.0B | $1.3B |
| Q4 25 | $162.1M | $43.8M | ||
| Q3 25 | $245.8M | $255.1M | ||
| Q2 25 | $277.6M | $93.1M | ||
| Q1 25 | $120.3M | $113.5M | ||
| Q4 24 | $197.7M | $-7.3M | ||
| Q3 24 | $239.0M | $91.7M | ||
| Q2 24 | $245.9M | $98.3M | ||
| Q1 24 | $124.3M | $82.0M |
| Q4 25 | 34.7% | 28.6% | ||
| Q3 25 | 32.8% | 29.8% | ||
| Q2 25 | 34.8% | 30.7% | ||
| Q1 25 | 30.6% | 30.9% | ||
| Q4 24 | 33.9% | 30.0% | ||
| Q3 24 | 32.6% | 30.1% | ||
| Q2 24 | 33.6% | 31.2% | ||
| Q1 24 | 32.5% | 30.3% |
| Q4 25 | 18.6% | 11.4% | ||
| Q3 25 | 21.7% | 13.8% | ||
| Q2 25 | 23.6% | 15.0% | ||
| Q1 25 | 14.5% | 14.5% | ||
| Q4 24 | 18.2% | 11.7% | ||
| Q3 24 | 20.2% | 13.9% | ||
| Q2 24 | 22.1% | 15.4% | ||
| Q1 24 | 15.9% | 14.0% |
| Q4 25 | 13.6% | 3.1% | ||
| Q3 25 | 17.2% | 19.0% | ||
| Q2 25 | 18.5% | 7.0% | ||
| Q1 25 | 11.2% | 9.0% | ||
| Q4 24 | 14.7% | -0.5% | ||
| Q3 24 | 16.0% | 6.9% | ||
| Q2 24 | 16.9% | 7.4% | ||
| Q1 24 | 11.9% | 6.2% |
| Q4 25 | $4.62 | $0.30 | ||
| Q3 25 | $6.98 | $1.73 | ||
| Q2 25 | $7.82 | $0.63 | ||
| Q1 25 | $3.37 | $0.77 | ||
| Q4 24 | $5.52 | $-0.05 | ||
| Q3 24 | $6.68 | $0.63 | ||
| Q2 24 | $6.87 | $0.67 | ||
| Q1 24 | $3.47 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | $1.1B | $3.3B |
| Stockholders' EquityBook value | $1.2B | $1.2B |
| Total Assets | $4.1B | $7.0B |
| Debt / EquityLower = less leverage | 0.98× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.7M | $344.0M | ||
| Q3 25 | $59.2M | $282.5M | ||
| Q2 25 | $55.1M | $354.4M | ||
| Q1 25 | $222.9M | $335.2M | ||
| Q4 24 | $422.3M | $371.8M | ||
| Q3 24 | $255.7M | $386.0M | ||
| Q2 24 | $57.8M | $388.6M | ||
| Q1 24 | $57.6M | $352.8M |
| Q4 25 | $1.1B | $3.3B | ||
| Q3 25 | $838.2M | $4.0B | ||
| Q2 25 | $835.7M | $4.0B | ||
| Q1 25 | $834.2M | $4.2B | ||
| Q4 24 | $833.1M | $4.2B | ||
| Q3 24 | $827.6M | $4.3B | ||
| Q2 24 | $1.1B | $4.4B | ||
| Q1 24 | $1.2B | $4.5B |
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $900.5M | $953.1M | ||
| Q1 25 | $852.5M | $797.9M | ||
| Q4 24 | $850.2M | $624.5M | ||
| Q3 24 | $754.0M | $771.2M | ||
| Q2 24 | $577.4M | $650.1M | ||
| Q1 24 | $368.8M | $598.3M |
| Q4 25 | $4.1B | $7.0B | ||
| Q3 25 | $3.5B | $7.1B | ||
| Q2 25 | $3.7B | $7.2B | ||
| Q1 25 | $3.5B | $7.0B | ||
| Q4 24 | $3.5B | $7.0B | ||
| Q3 24 | $3.3B | $7.3B | ||
| Q2 24 | $3.2B | $7.3B | ||
| Q1 24 | $3.0B | $7.2B |
| Q4 25 | 0.98× | 2.65× | ||
| Q3 25 | 0.78× | 3.34× | ||
| Q2 25 | 0.93× | 4.18× | ||
| Q1 25 | 0.98× | 5.26× | ||
| Q4 24 | 0.98× | 6.72× | ||
| Q3 24 | 1.10× | 5.62× | ||
| Q2 24 | 1.95× | 6.81× | ||
| Q1 24 | 3.13× | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $376.7M | $257.7M |
| FCF MarginFCF / Revenue | 31.5% | 18.5% |
| Capex IntensityCapex / Revenue | 2.4% | 2.6% |
| Cash ConversionOCF / Net Profit | 2.50× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $638.8M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $405.9M | $293.6M | ||
| Q3 25 | $300.7M | $165.9M | ||
| Q2 25 | $86.8M | $136.6M | ||
| Q1 25 | $-35.8M | $31.9M | ||
| Q4 24 | $332.4M | $244.2M | ||
| Q3 24 | $452.1M | $170.5M | ||
| Q2 24 | $184.0M | $188.2M | ||
| Q1 24 | $-22.8M | $125.1M |
| Q4 25 | $376.7M | $257.7M | ||
| Q3 25 | $265.1M | $119.6M | ||
| Q2 25 | $58.3M | $93.2M | ||
| Q1 25 | $-61.3M | $-12.0M | ||
| Q4 24 | $272.2M | $185.1M | ||
| Q3 24 | $410.9M | $115.2M | ||
| Q2 24 | $151.3M | $129.5M | ||
| Q1 24 | $-52.3M | $78.0M |
| Q4 25 | 31.5% | 18.5% | ||
| Q3 25 | 18.6% | 8.9% | ||
| Q2 25 | 3.9% | 7.0% | ||
| Q1 25 | -5.7% | -0.9% | ||
| Q4 24 | 20.2% | 13.6% | ||
| Q3 24 | 27.4% | 8.6% | ||
| Q2 24 | 10.4% | 9.7% | ||
| Q1 24 | -5.0% | 5.9% |
| Q4 25 | 2.4% | 2.6% | ||
| Q3 25 | 2.5% | 3.4% | ||
| Q2 25 | 1.9% | 3.3% | ||
| Q1 25 | 2.4% | 3.5% | ||
| Q4 24 | 4.5% | 4.4% | ||
| Q3 24 | 2.8% | 4.1% | ||
| Q2 24 | 2.3% | 4.4% | ||
| Q1 24 | 2.8% | 3.6% |
| Q4 25 | 2.50× | 6.70× | ||
| Q3 25 | 1.22× | 0.65× | ||
| Q2 25 | 0.31× | 1.47× | ||
| Q1 25 | -0.30× | 0.28× | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.89× | 1.86× | ||
| Q2 24 | 0.75× | 1.91× | ||
| 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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
