Discontinued — last reported Q3 '24
Corporate & Other — Total segment profit
Lennox International Corporate & Other — Total segment profit decreased by 21.3% to -$29.1M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 24.4%, from -$23.4M to -$29.1M. Over 2 years (FY 2021 to FY 2023), Corporate & Other — Total segment profit shows relatively stable performance with a -3.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher profit indicates efficient management of corporate overhead, while a larger loss suggests rising administrative costs or underperforming non-core assets.
Detailed definition
This metric measures the operating profit or loss generated by the corporate and other segment after accounting for allo...
Peer comparison
Standard segment reporting metric used to reconcile corporate-level performance across all major industrial peers.
lii_segment_corporate_other_total_segment_profitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$27M | -$16.3M | -$38.2M | -$16.8M | -$27.7M | -$16.9M | -$33.7M | -$19.4M | -$22.5M | -$23.4M | -$28.7M | -$23.5M | -$24M | -$29.1M |
| QoQ Change | — | +39.6% | -134.4% | +56.0% | -64.9% | +39.0% | -99.4% | +42.4% | -16.0% | -4.0% | -22.6% | +18.1% | -2.1% | -21.3% |
| YoY Change | — | — | — | — | -2.6% | -3.7% | +11.8% | -15.5% | +18.8% | -38.5% | +14.8% | -21.1% | -6.7% | -24.4% |
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Frequently Asked Questions
- What is Lennox International's corporate & other — total segment profit?
- Lennox International (LII) reported corporate & other — total segment profit of -$29.1M in Q3 2024.
- How has Lennox International's corporate & other — total segment profit changed year-over-year?
- Lennox International's corporate & other — total segment profit decreased by 24.4% year-over-year, from -$23.4M to -$29.1M.
- What is the long-term trend for Lennox International's corporate & other — total segment profit?
- Over 2 years (2021 to 2023), Lennox International's corporate & other — total segment profit has grown at a -3.9% compound annual growth rate (CAGR), from -$101.8M to -$94M.
- What does corporate & other — total segment profit mean?
- The net profit or loss generated by the company's corporate and non-operating business segment.