Lennox has announced its inclusion in the S&P 500 Index, effective today before the opening of trading. This milestone highlights the company's steady growth and innovation in delivering advanced HVACR products focused on comfort and efficiency.
The S&P 500 is a benchmark for the U.S. large-cap market, measuring 500 leading companies' performance across various sectors based on market capitalization, financial performance, and economic contribution. Lennox's inclusion underscores its value to shareholders and its role in industry innovation.
"Joining the S&P 500 is a testament to our growth strategy and stakeholder trust," said CEO Alok Maskara. "As we mark 130 years of industry leadership, this recognition showcases our team's strength, our company's transformation, and our core values: Integrity, Respect, and Excellence."