What is Lennox International's corporate & other — goodwill?

Lennox International (LII) reported corporate & other — goodwill of $0 in Q3 2023.

What does corporate & other — goodwill mean?

The value of intangible assets like brand reputation and synergy potential held at the corporate level from past acquisitions.

Discontinued — last reported Q3 '23

Lennox International Corporate & Other — Goodwill decreased by 100.0% to $0 in Q3 2023 compared to the prior quarter.

StatementSegment

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ4 2022

Last reportedQ3 2023Oct 26, 2023

Rolls up toGoodwill

A decrease often signals impairment charges, while stability suggests the long-term value of past acquisitions remains intact.

This represents the carrying value of goodwill assigned to the corporate segment, typically resulting from historical ac...

Common in companies with a history of M&A activity that maintain corporate-level intangible assets.

Metric ID: lii_segment_corporate_other_goodwill

4 periods

	Q4 '22	Q1 '23	Q2 '23	Q3 '23
Value	$0	$4.6M	$4.7M	$0
QoQ Change	—	—	+2.2%	-100.0%

Range$0 – $4.7M

What is Lennox International's corporate & other — goodwill?: Lennox International (LII) reported corporate & other — goodwill of $0 in Q3 2023.
What does corporate & other — goodwill mean?: The value of intangible assets like brand reputation and synergy potential held at the corporate level from past acquisitions.