Annual Revenue Comparison: Lennox International Inc. vs Allegion plc

A Decade of Revenue Growth: Lennox International Inc. vs Allegion plc

In the competitive landscape of the HVAC and security industries, Lennox International Inc. and Allegion plc have showcased remarkable revenue trajectories over the past decade. From 2014 to 2023, Lennox International Inc. consistently outperformed Allegion plc, with revenues peaking at approximately $5.34 billion in 2023, marking a 59% increase from 2014. Allegion plc, while trailing, demonstrated a robust growth of 72% over the same period, reaching around $3.65 billion in 2023.

The data highlights a pivotal year in 2021, where Lennox's revenue surged by 15% compared to the previous year, reflecting a strong recovery post-pandemic. Meanwhile, Allegion plc's steady climb underscores its resilience and strategic market positioning. As we look forward, the absence of 2024 data for Allegion plc leaves room for speculation on its future trajectory. This analysis offers a compelling glimpse into the financial dynamics of these industry leaders.