LI
LII
Quarter ended Mar 31, 2024 · FY2024 Q1

Lennox International (LII) Revenue — Quarter Ended Mar 31, 2024

Revenue declined compared to the previous quarter and was nearly unchanged from the same quarter a year earlier. The sequential decrease aligns with typical first-quarter patterns, while the year-over-year comparison shows minimal movement.

Key takeaway

Quarter ended Mar 31, 2024 · FY2024 Q1

Revenue declined compared to the previous quarter and was nearly unchanged from the same quarter a year earlier. The sequential decrease aligns with typical first-quarter patterns, while the year-over-year comparison shows minimal movement.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1B

Revenue reported for this quarter.

Quarter-over-quarter

-9.3%

Change from the immediately preceding quarter.

Year-over-year

-0.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$5B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2023$1.4B+3.3%
Sep 30, 2023$1.4B+9.8%
Dec 31, 2023$1.2B+5.6%
Mar 31, 2024$1B-0.2%

Revenue performance

Revenue for the quarter decreased from the prior quarter and was slightly lower than the same period last year.

Quarterly comparison

Compared to the immediately preceding quarter, revenue fell, while the year-over-year change was negligible.

What to watch

Monitor the impact of seasonal working capital needs on operating cash flows in the coming quarters.