What is Lennox International Inc worth?
With the base-case assumptions below, a discounted cash flow model on Lennox International Inc's reported free cash flow gives $340.50 per share. The share price was $373.77 on September 25, 2026, 10% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 2.5% | 10.0% | $196.78 | -47% |
| Base | 7.5% | 9.0% | $340.50 | -9% |
| Bull | 12.5% | 8.0% | $627.04 | +68% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $447.31 | $480.01 | $519.98 | $569.93 | $634.16 |
| 8.0% | $367.54 | $388.74 | $413.80 | $443.87 | $480.63 |
| 9.0% | $309.27 | $323.77 | $340.50 | $360.02 | $383.08 |
| 10.0% | $264.91 | $275.22 | $286.91 | $300.26 | $315.67 |
| 11.0% | $230.05 | $237.61 | $246.06 | $255.56 | $266.33 |
Where the presets come from
Base: years 1 to 5 grow at Lennox International Inc's revenue growth rate over the last 5 fiscal years (7.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions