ULBI vs. LII
ULBI (Ultralife Corporation) and LII (Lennox International Inc.) are both stocks. Both are in the Industrials sector — ULBI in Electrical Equipment & Parts, LII in Specialty Industrial Machinery. Over the past 10 years, ULBI returned 2.49%/yr vs 11.67%/yr for LII. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
ULBI vs. LII - Performance Comparison
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Returns By Period
In the year-to-date period, ULBI achieves a -9.27% return, which is significantly higher than LII's -13.90% return. Over the past 10 years, ULBI has underperformed LII with an annualized return of 2.49%, while LII has yielded a comparatively higher 11.67% annualized return.
ULBI
- 1D
- 0.58%
- 1M
- -15.13%
- 6M
- -18.65%
- YTD
- -9.27%
- 1Y
- -32.86%
- 3Y*
- -14.90%
- 5Y*
- -8.15%
- 10Y*
- 2.49%
- ALL TIME*
- -2.52%
LII
- 1D
- -0.38%
- 1M
- -27.04%
- 6M
- -15.55%
- YTD
- -13.90%
- 1Y
- -30.64%
- 3Y*
- 4.50%
- 5Y*
- 6.03%
- 10Y*
- 11.67%
- ALL TIME*
- 13.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $319.65M | $269.89M | $231.88M | |
| $152.02K | $163.85K | $272.18K |
ULBI vs. LII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ULBI Ultralife Corporation | -9.27% | -23.22% | 9.24% | 76.68% | -36.09% | -6.65% | -12.45% | 9.48% | 3.05% | 32.32% |
LII Lennox International Inc. | -13.90% | -19.54% | 37.27% | 89.55% | -24.94% | 19.71% | 13.79% | 12.78% | 6.33% | 37.43% |
Correlation
The correlation between ULBI and LII is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 1999 | 0.18 |
The correlation between ULBI and LII shifts across timeframes, from 0.18 (all time) to 0.29 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ULBI:
$86.45M
LII:
$14.37B
ULBI:
-$0.49
LII:
$22.07
ULBI:
0.46
LII:
2.75
ULBI:
0.67
LII:
11.16
ULBI:
$187.86M
LII:
$5.30B
ULBI:
$43.39M
LII:
$1.76B
ULBI:
$6.73M
LII:
$1.14B
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Return for Risk
ULBI vs. LII — Risk / Return Rank
ULBI
LII
ULBI vs. LII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ultralife Corporation (ULBI) and Lennox International Inc. (LII). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ULBI | LII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.88 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.99 | +0.08 |
| Martin ratioReturn relative to average drawdown | -1.49 | -1.94 | +0.45 |
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Drawdowns
ULBI vs. LII - Drawdown Comparison
The maximum ULBI drawdown since its inception was -92.90%, which is greater than LII's maximum drawdown of -62.76%. Use the drawdown chart below to compare losses from any high point for ULBI and LII.
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Drawdown Indicators
| ULBI | LII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.90% | -62.76% | -30.14% |
Max Drawdown (1Y)Largest decline over 1 year | -38.64% | -31.50% | -7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -68.83% | -37.66% | -31.17% |
Max Drawdown (5Y)Largest decline over 5 years | -68.83% | -45.41% | -23.42% |
Max Drawdown (10Y)Largest decline over 10 years | -68.83% | -46.88% | -21.95% |
Current DrawdownCurrent decline from peak | -78.82% | -37.66% | -41.16% |
Average DrawdownAverage peak-to-trough decline | -63.53% | -14.53% | -49.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.43% | 15.98% | +7.45% |
Volatility
ULBI vs. LII - Volatility Comparison
The current volatility for Ultralife Corporation (ULBI) is 8.84%, while Lennox International Inc. (LII) has a volatility of 24.39%. This indicates that ULBI experiences smaller price fluctuations and is considered to be less risky than LII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ULBI | LII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 24.39% | -15.55% |
Volatility (6M)Calculated over the trailing 6-month period | 38.26% | 35.95% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.15% | 40.93% | +15.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.00% | 33.47% | +25.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.29% | 30.19% | +24.10% |
Dividends
ULBI vs. LII - Dividend Comparison
ULBI has not paid dividends to shareholders, while LII's dividend yield for the trailing twelve months is around 1.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LII Lennox International Inc. | 1.26% | 1.04% | 0.75% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% |
ULBI Ultralife Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ULBI vs. LII - Financials Comparison
This section allows you to compare key financial metrics between Ultralife Corporation and Lennox International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ULBI vs. LII - Profitability Comparison
ULBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ultralife Corporation reported a gross profit of 10.11M and revenue of 47.45M. Therefore, the gross margin over that period was 21.3%.
LII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Lennox International Inc. reported a gross profit of 539.50M and revenue of 1.55B. Therefore, the gross margin over that period was 34.9%.
ULBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ultralife Corporation reported an operating income of -215.00K and revenue of 47.45M, resulting in an operating margin of -0.5%.
LII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lennox International Inc. reported an operating income of 355.00M and revenue of 1.55B, resulting in an operating margin of 23.0%.
ULBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ultralife Corporation reported a net income of -451.00K and revenue of 47.45M, resulting in a net margin of -1.0%.
LII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Lennox International Inc. reported a net income of 269.00M and revenue of 1.55B, resulting in a net margin of 17.4%.
Frequently Asked Questions
ULBI and LII have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LII has higher volatility (24.39%) compared to ULBI (8.84%). In terms of maximum drawdown, ULBI dropped -92.90% vs LII's -62.76%.
ULBI currently has the higher Sharpe Ratio (-0.62 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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