GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lennox International Inc (STU:LXI) » Definitions » Allowance For Loans And Lease Losses

Lennox International (STU:LXI) Allowance For Loans And Lease Losses


View and export this data going back to 2016. Start your Free Trial

What is Lennox International Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Lennox International (STU:LXI) Business Description

Industry
Traded in Other Exchanges
Address
2140 Lake Park Boulevard, Richardson, TX, USA, 75080
Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2022, residential HVAC was 68% of sales, commercial HVAC was 19%, and refrigeration accounted for the remaining 13% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company will be focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.