Lennox International Q3 2025 Earnings Call Highlights: Record Segment Margin Amid Revenue Decline

Lennox International Inc (LII) reported a record segment margin of 21.7% in Q3 2025, with adjusted earnings per share at a third-quarter record of $6.98, up 4% YoY. The Building Climate Solutions segment saw a 10% revenue growth and a 330 basis point profit margin expansion. However, revenue declined 5% due to soft residential and commercial end markets, and the company revised its full-year revenue guidance to a 1% decline.