LII
Lennox International Inc.
LII trails on the overall score without a compensating advantage in the available component scores.
VRT
Vertiv Holdings Co
VRT has the edge over LII overall, supported by stronger modeled upside and stronger fundamentals.
LII Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Healthy |
LII's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
LII PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $348 | — |
| Forward | 16x | $348 | — |
| Cheap | 19x | $412 | +18% |
| Fair | 24x | $526 | +51% |
| Expensive | 30x | $651 | +87% |
Historical ranges are pointers, not guarantees.
LII has the edge over VRT in the historical PE scenario, which offers more potential upside but is not a forecast.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
LII Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect LII's profitability to weaken, with its earnings and revenue holding steady. However, they disagree widely on these estimates.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over LII on the outlook, with more favorable valuation and earnings expectations.
LII Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $22.37 | +3.8% |
| Q3 2026 | $21.55 | -9% |
| Q2 2026 | $22.12 | -5.4% |
| Q1 2026 | $22.22 | -1% |
| Q4 2025 | $22.24 | -1.3% |
| Q3 2025 | $23.69 | +12% |
| Q2 2025 | $23.39 | +30% |
| Q1 2025 | $22.44 | +30% |
| Q4 2024 | $22.54 | +36% |
LII earned $21.55 per share over the past year, down 9% from the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over LII on earnings, with more consistent year-over-year improvement.
LII Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +10% |
| Q2 2026 | $1.5B | +3% |
| Q1 2026 | $1.1B | +5.8% |
| Q4 2025 | $1.2B | -11% |
| Q3 2025 | $1.4B | -4.8% |
| Q2 2025 | $1.5B | +3.4% |
| Q1 2025 | $1.1B | +2.4% |
| Q4 2024 | $1.3B | +16% |
LII's revenue grew through 2024 and has held roughly level since: $1.6B last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -1.9 points |
| Q2 2026 | 23% | -0.6 points |
| Q1 2026 | 14% | -0.1 points |
| Q4 2025 | 16% | -1.8 points |
| Q3 2025 | 22% | +1.5 points |
| Q2 2025 | 24% | +1.5 points |
| Q1 2025 | 15% | -1.4 points |
| Q4 2024 | 18% | +2.1 points |
LII's operating margin was 20% last quarter, down 1.9 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over LII on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over LII on profitability, with a higher operating margin.
LII Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.1M | +37% |
| Q2 2026 | $136.3M | +134% |
| Q1 2026 | -$39.4M | +$21.9M |
| Q4 2025 | $376.7M | +38% |
| Q3 2025 | $265.1M | -35% |
| Q2 2025 | $58.3M | -61% |
| Q1 2025 | -$61.3M | -$9M |
| Q4 2024 | $272.2M | +50% |
LII generated $836M in free cash flow over the past year, up 56% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over LII on cash flow, with more consistent year-over-year improvement.
LII Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -300K shares |
| 1 year | -2% | -700K shares |
| 3 years | -3.4% | -1.2M shares |
| 5 years | -6.8% | -2.5M shares |
| Available history | -12% | -4.9M shares |
LII has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $150.6M |
| Q2 2026 | $131.8M |
| Q1 2026 | $19.5M |
| Q4 2025 | $150.5M |
| Q3 2025 | $37M |
| Q2 2025 | $209.6M |
| Q1 2025 | $85.2M |
| Q4 2024 | $40.7M |
LII spent $452M buying back its own shares over the past year, up 21% from the year before.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
LII Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.4x | Healthy |
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 1.0x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.7x | Very low |
LII's net debt is about 1.4 years of its operating earnings (EBITDA), up from less than a year a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over LII on leverage, with a lower net debt burden relative to earnings.
LII Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.8 | Neutral |
| Stochastic | 15.4 | Oversold |
LII's weekly RSI is 34 (neutral) and its Stochastic is 15 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
LII PE vs Industrials Sector
| Metric | LII | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 24x | 33% below |
| PE % | 2 | 58 | 56 pts below |
LII has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
LII Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $356.8 | 2.4% below |
| 20 week MA | $412.6 | 16% below |
| 50 week MA | $470.9 | 26% below |
| 100 week MA | $520.2 | 33% below |
| 200 week MA | $475.9 | 27% below |
LII is in a downtrend: it's below all five of its weekly moving averages, and 27% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over LII on trend strength, trading above more of its moving averages.
LII Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $243.3 | $273.4 | +12% |
| 2021 | $273.4 | $316.1 | +16% |
| 2022 | $316.1 | $243.1 | -23% |
| 2023 | $243.1 | $447.5 | +84% |
| 2024 | $447.5 | $620.0 | +39% |
| 2025 | $620.0 | $498.2 | -20% |
| 2026 YTD | $498.2 | $348.1 | -30% |
LII is down 30% so far in 2026, after finishing higher in four of the previous six years.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over LII on returns for 2026, with the stronger performance.