Lennox International Inc. is a provider of climate control solutions. Co. designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Home Comfort Solutions, Building Climate Solutions, and Corporate and Other. Home Comfort Solutions segment manufacture and market a broad range of furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies and related products. We show 60 historical shares outstanding datapoints in our LII shares outstanding history coverage, used to compute LII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Lennox International market cap history over the course of time is important for investors
interested in comparing Lennox International's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Lennox International versus a peer is one thing; comparing
Lennox International market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Lennox International can fluctuate over the course of history.
With this page we aim to empower investors researching Lennox International by allowing them to research the Lennox International market cap history. |
Free LII Email Alerts:
Video: The Importance of Market Cap
