Lennox
- Company typePublic
- Founded1895
- HeadquartersRichardson, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
Lennox firmographics
Firmographics- Name
- Lennox
- Legal name
- Lennox International Inc.
- Website
- https://lennoxcommercial.com
- Company type
- Public
- Founded year
- 1895
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Lennox industry classification
Industry- Product category
- Heating, Ventilation, and Air Conditioning (HVAC) Equipment Manufacturing
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)
- akta.pro primary industry
- HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)
Keywords
Where Lennox is headquartered
LocationHeadquarters
- HQ city
- Richardson
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Lennox business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- HVAC Equipment Sales: Lennox generates the majority of its revenue through the sale of heating, ventilation, air conditioning, and refrigeration equipment including heat pumps, gas furnaces, commercial rooftop units, VRF systems, and parts/supplies to residential and commercial customers through its dealer and contractor network.
- Commercial Parts and Accessories: Following acquisitions of Duro Dyne and Supco brands through NSI Industries, Lennox expanded its parts and supplies portfolio for residential and commercial HVAC customers. Parts are distributed through LennoxPros platform with same-day or next-day delivery for emergency replacement.
- Commercial Services and Support: Lennox provides commercial HVAC services including National Account Services, technical support, and training for contractors and technicians. The company hosts an Investor Day and maintains a commercial parts availability expansion program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Dealer/contractor quote-based pricing through LennoxPros platform and direct dealer engagement. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Lennox product offering
Product offeringCore offering
Lennox designs, manufactures, and distributes energy-efficient heating, ventilation, air conditioning, and refrigeration (HVACR) equipment for residential and commercial customers. Its core product lines include heat pumps, gas furnaces, smart thermostats, indoor air quality systems, commercial rooftop units, and Varix VRF systems, sold through a North American dealer/contractor network and the LennoxPros commercial e-commerce platform, supplemented by joint-venture water heating (Ariston) and VRF (Samsung) offerings.
Product overview
Lennox offers a comprehensive portfolio of residential and commercial HVAC products under its core Dave Lennox Signature Collection brand, complemented by acquired brands (Comfort-Aire, Century, DuroDyne, Supco) and the Ariston water heater joint venture. The product lineup centers on heat pumps, gas furnaces (up to 99% efficiency), smart thermostats (L40, S40), commercial rooftop units (Xion, Raider), Varix VRF systems through the Samsung partnership, and the newly launched Ariston water heater line (Power Vent, Heat Pump, Top Connect). These products integrate through the Lennox Home app and smart home platforms (HomeKit, SmartThings, Alexa, Google Assistant) to deliver connected whole-home comfort solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Dave Lennox Signature Collection: Premium residential HVAC product line including cold climate heat pumps and gas furnaces
- Varix VRF Systems
- Comfort-Aire
- Century
- Duro Dyne
- Supco
- Ultimate Comfort System
- L40 Smart Thermostat
- Cala
Products and services
- Dave Lennox Signature Collection Cold Climate Heat Pump (SL22KLV)
- Dave Lennox Signature SLP99VK Gas Furnace
- SL25XPV Heat Pump
- L40 Smart Thermostat
- S40 Smart Thermostat
- PureAir S Air Purification System
- Varix VRF Systems
- Xion Rooftop Units
- Raider Rooftop Units
- Ariston Power Vent Water Heaters
- Ariston Heat Pump Water Heaters
- Ariston Top Connect Water Heaters
- Cala Smart Water Heater
- Comfort-Aire Brand HVAC Equipment
- Century Brand HVAC Equipment
- DuroDyne HVAC Parts and Supplies
- Supco HVACR Parts and Supplies
Quantifiable outcome
- First quarter 2026 revenue of $1.1 billion, up 6% year-over-year
- +4 more outcomes
Companies that use Lennox
Customer profileSegments2 records
Ideal customer profiles2 records
Lennox technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature6 records
Lennox partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Ariston GroupcoreLennox entered into a joint venture with Ariston Group to launch a comprehensive range of residential gas, electric, and heat pump water heaters across North America. The partnership combines Lennox's established residential dealer network with Ariston Group's global expertise in water heating technology. Dealer orders began March 16, 2026. The expansion marks a strategic step in Lennox's connected whole-home comfort ecosystem, enabling dealers to source both HVAC systems and water heaters together. Dealer response has been overwhelmingly positive with sales exceeding initial projections and heightened interest in sourcing multiple product categories.
- NSI Industries (HVAC Division — Duro Dyne and Supco brands)coreLennox acquired the HVAC division of NSI Industries for approximately $550 million, adding the Duro Dyne and Supco brand platforms to its portfolio. The acquisition strengthens Lennox's parts and supplies offerings for residential and commercial HVAC customers across North America. Sentinel Capital Partners was the seller. The acquisition was completed in Q4 2025, enhancing Lennox's digital and distribution capabilities in the HVAC parts and supplies segment.
- Samsung ElectronicscoreLennox and Samsung operate a joint venture under the 'Lennox powered by Samsung' brand, offering Varix VRF (Variable Refrigerant Flow) systems that combine Lennox's direct service and support with Samsung's innovative ductless technology for commercial applications. Samsung is targeting the North American HVAC market projected to grow 5% annually, leveraging the Lennox partnership for residential distribution and combining it with its FläktGroup acquisition for commercial and data center cooling solutions. The JV delivers forward-thinking solutions to North America for efficiency, control, and flexibility needs.
- Heat ControllercoreLennox has signed a definitive agreement to acquire Heat Controller, a leading HVAC equipment supplier headquartered in Jackson, Michigan, serving distributors across North America through its Comfort-Aire and Century brands. The acquisition is expected to expand Lennox's ability to serve small and mid-size HVAC distributors and create new growth opportunities in the North American HVAC market. Heat Controller will continue to operate under its Comfort-Aire and Century brands as part of Lennox's platform. The transaction is expected to close later in 2026, subject to customary closing conditions and regulatory approvals.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Lennox competitors and assessment
Company assessmentBroad incumbents
- Trane Technologies: Trane Technologies is a global climate solutions leader producing HVAC equipment, controls, and services for residential, commercial, and industrial markets. It is a direct competitor to Lennox in commercial rooftop units, chillers, and applied HVAC systems, and is one of the seven defendants in the HVAC price-fixing class action.
- Carrier Global: Carrier is one of the world's largest HVAC manufacturers offering residential, commercial, and industrial climate solutions including the Carrier, Bryant, Payne, and Tempstar brands. It competes head-to-head with Lennox across virtually every product category and is a co-defendant in the price-fixing litigation.
- Daikin: Daikin is the world's largest HVAC manufacturer with a strong global VRF and ductless portfolio and a growing North American presence through Daikin Comfort Technologies. It competes with Lennox's Varix VRF systems and is a named co-defendant in the HVAC price-fixing lawsuits.
- Bosch Home Comfort (Thermotechnology): Bosch Home Comfort manufactures residential and light commercial HVAC and water heating products under Bosch, Buderus, and FHP brands. It directly competes with Lennox in residential heat pumps, furnaces, and water heaters, and is named in the price-fixing litigation.
- Johnson Controls: Johnson Controls is a global building technology company producing HVAC equipment, building automation systems, and controls. It competes with Lennox in commercial HVAC and competes for the same smart building, controls, and contractor-led installation opportunities.
- Midea Group: Midea is a major global HVAC and appliance manufacturer with growing North American presence through brands including Carrier Midea India joint venture and Toshiba carrier. It competes broadly with Lennox in residential HVAC and is expanding VRF and ductless offerings in North America.
Direct peers
- Rheem Manufacturing: Rheem is a major U.S. manufacturer of HVAC and water heating products, directly competing with Lennox in residential and light commercial HVAC and now also in water heating (Lennox's Ariston JV territory). Rheem is a co-defendant in the price-fixing lawsuits.
- AAON: AAON designs, manufactures, and sells commercial HVAC equipment including rooftop units and heat exchangers. It is a direct competitor to Lennox in light commercial rooftop units and is a named co-defendant in the price-fixing lawsuits.
- Goodman Manufacturing (Daikin subsidiary): Goodman is a major residential and light commercial HVAC manufacturer owned by Daikin, selling through distribution. It competes directly with Lennox's residential systems via different distribution channels and competes for the same contractor base.
- Mitsubishi Electric Trane HVAC US: Mitsubishi Electric Trane is the joint venture between Mitsubishi Electric and Trane for ductless and VRF systems in North America. It directly competes with Lennox's Varix VRF systems in the commercial ductless segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Lennox social profiles
Digital presenceLennox financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lennox leadership team
Management profileNumber of profiles
Profiles3 records
Lennox subsidiaries and ownership
Company hierarchySubsidiaries5 records
Lennox funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lennox M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lennox
What does Lennox do?
Lennox designs, manufactures, and distributes energy-efficient heating, ventilation, air conditioning, and refrigeration (HVACR) equipment for residential and commercial customers. Its core product lines include heat pumps, gas furnaces, smart thermostats, indoor air quality systems, commercial rooftop units, and Varix VRF systems, sold through a North American dealer/contractor network and the LennoxPros commercial e-commerce platform, supplemented by joint-venture water heating (Ariston) and VRF (Samsung) offerings.
Is Lennox a public or private company?
Lennox is a public company. It is classified as public and is currently operating.
When was Lennox founded?
Lennox was founded in 1895. It employs 1 to 10 people.
Where is Lennox based?
Lennox is headquartered in Richardson, United States, in the North America region.
How does Lennox make money?
Three revenue lines are on record. HVAC Equipment Sales are the primary driver. The others are commercial Parts and Accessories and commercial Services and Support.
Who are Lennox's main competitors?
Broad incumbents on record are Trane Technologies, Carrier Global, Daikin, Bosch Home Comfort (Thermotechnology), Johnson Controls and Midea Group. Direct peers are Rheem Manufacturing, AAON, Goodman Manufacturing (Daikin subsidiary) and Mitsubishi Electric Trane HVAC US.
Does Lennox have an API?
No public API is recorded for Lennox.
What industry is Lennox in?
Lennox's product category is Heating, Ventilation, and Air Conditioning (HVAC) Equipment Manufacturing. Its primary akta.pro industry code is IMAHAKAB, HVAC Equipment (Heating, Cooling & Air Handling). Its NAICS code is 333415 and its SIC code is 3585.