Lennox International(US:LII)2024-07-24 14:26Q2 2024 Financial Highlights - Core revenue reached $15 billion, a year-over-year increase of 8%[8] - Adjusted segment profit was $319 million, up 13% year-over-year[8] - Adjusted EPS increased by 11% year-over-year to $683[8, 14] - The company is raising full-year earnings per share guidance to $1950 - $2025[8] Segment Performance - Home Comfort Solutions revenue increased to $982 million, a 5% increase from $936 million in 2023[21] - Home Comfort Solutions segment profit increased to $229 million, with a ROS of 233%[22] - Building Climate Solutions revenue increased by 15% to $469 million[31] - Building Climate Solutions segment profit increased to $114 million, with a ROS of 243%[28] Cash Flow and Capital Deployment - Operating cash flow for the second quarter was $184 million[34] - Year-to-date operating cash flow through June was $161 million[36] - The company's Return on Invested Capital (ROIC) is 44%[37] - Net Debt to Adjusted EBITDA ratio is 12x, below the long-term target of 15x[39] 2024 Financial Guidance - The company expects total LII revenue growth of approximately 7%[45] - Free cash flow is projected to be between $500 million and $600 million[43]