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 $337.59 per share. The share price was $347.93 on November 10, 2026, 3% 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% | $193.87 | -44% |
| Base | 7.5% | 9.0% | $337.59 | -3% |
| Bull | 12.5% | 8.0% | $624.13 | +79% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $444.40 | $477.10 | $517.07 | $567.02 | $631.25 |
| 8.0% | $364.63 | $385.83 | $410.89 | $440.96 | $477.72 |
| 9.0% | $306.36 | $320.86 | $337.59 | $357.11 | $380.17 |
| 10.0% | $262.00 | $272.31 | $284.00 | $297.35 | $312.76 |
| 11.0% | $227.14 | $234.70 | $243.15 | $252.65 | $263.42 |
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