Discontinued — last reported Q4 '22
Service — Revenue from Contract with Customer, Excluding Assessed Tax
Lennox International Service — Revenue from Contract with Customer, Excluding Assessed Tax remained flat by 0.0% to $0 in Q4 2022 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $0 to $0. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher demand for aftermarket support and a growing installed base of equipment, while a decrease may indicate lower service activity or competitive pressure in the aftermarket space.
Detailed definition
This metric represents the total revenue generated from service-related activities within the HVAC and refrigeration bus...
Peer comparison
Peers in the HVAC and industrial equipment sector typically report this as 'Service Revenue' or 'Aftermarket Revenue,' which is often viewed as a high-margin, recurring revenue stream compared to new equipment sales.
lii_segment_service_revenue_from_contract_with_customer_excluding_assessed_taxHistorical Data
| FY'21 | FY'22 | |
|---|---|---|
| Value | $0.01 | $0.01 |
| YoY Change | — | +0.0% |
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Frequently Asked Questions
- What is Lennox International's service — revenue from contract with customer, excluding assessed tax?
- Lennox International (LII) reported service — revenue from contract with customer, excluding assessed tax of $0 in Q4 2022.
- How has Lennox International's service — revenue from contract with customer, excluding assessed tax changed year-over-year?
- Lennox International's service — revenue from contract with customer, excluding assessed tax decreased by 0.0% year-over-year, from $0 to $0.
- What does service — revenue from contract with customer, excluding assessed tax mean?
- Total revenue earned from providing maintenance and repair services to customers, excluding taxes.