Lennox International (LII) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the immediately preceding quarter and also grew relative to the same quarter one year ago. The sequential and year-over-year improvements reflect higher business activity.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the immediately preceding quarter and also grew relative to the same quarter one year ago. The sequential and year-over-year improvements reflect higher business activity.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+9.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.2B | +5.6% |
| Mar 31, 2024 | $1B | -0.2% |
| Jun 30, 2024 | $1.5B | +2.8% |
| Sep 30, 2024 | $1.5B | +9.6% |
Revenue performance
Revenue growth was observed for the reported quarter, supported by higher demand in the company’s markets.
Quarterly comparison
Compared with the prior quarter, revenue increased modestly. On a year-over-year basis, the growth was stronger, reflecting improved performance relative to the same period last year.
What to watch
The company’s working capital needs tend to rise in the first half of the year due to seasonality, a pattern that could influence quarterly comparisons.