L3Harris Technologies (LHX) Asset Writedowns and Impairment (2012 - 2023)
L3Harris Technologies' (LHX) quarterly Asset Writedowns and Impairment came in at $296.0 million in Q4 2023, up 393.33% quarter-over-quarter from $60.0 million in Q2 2023.
Analysis
L3Harris Technologies (LHX) Asset Writedowns and Impairment (2012 - 2023) Analysis & Trends
L3Harris Technologies has disclosed Asset Writedowns and Impairment across 9 years of filings, most recently posting $296.0 million for Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment changed N/A year-over-year to $296.0 million; the TTM figure through Dec 2023 stood at $356.0 million (down 55.61% YoY), while the FY2026 annual figure was $85.0 million, up 123.68% from the prior year.
- Asset Writedowns and Impairment came in at $296.0 million for Q4 2023 at L3Harris Technologies, up from $60.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $802.0 million in Q3 2022 to a low of $46.0 million in Q1 2020.
- Average Asset Writedowns and Impairment over 4 years is $229.1 million, with a median of $145.0 million recorded in 2021.
- The largest YoY upside for Asset Writedowns and Impairment was 458.7% in 2021 against a maximum downside of 80.86% in 2021.
- Over 4 years, Asset Writedowns and Impairment stood at $70.0 million in 2020, then surged by 107.14% to $145.0 million in 2021, then surged by 453.1% to $802.0 million in 2022, then tumbled by 63.09% to $296.0 million in 2023.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $296.0 million in Q4 2023, $60.0 million in Q2 2023, and $802.0 million in Q3 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 120.92 Bn | 117.12 Bn | 2.45 Bn |
| 2 | General Dynamics | 96.29 Bn | 91.96 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 77.13 Bn | 76.43 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.72 Bn | 71.42 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 45.72 Bn | 45.17 Bn | 1.50 Bn |
| 6 | Elbit Systems | 33.81 Bn | 32.85 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 27.98 Bn | 27.64 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.63 Bn | 20.15 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.17 Bn | 15.47 Bn | 817.00 Mn |
| 10 | Caci International | 13.72 Bn | 13.53 Bn | 913.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 29, 2023 | 296.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Sep 30, 2022 | 802.00 Mn |
| Jul 2, 2021 | 145.00 Mn |
| Apr 2, 2021 | 62.00 Mn |
| Jan 1, 2021 | 257.00 Mn |
| Jul 3, 2020 | 70.00 Mn |
| Apr 3, 2020 | 324.00 Mn |
| Jan 3, 2020 | 46.00 Mn |
| Mar 31, 2017 | 240.00 Mn |
| Jan 1, 2016 | 367.00 Mn |
| Jul 3, 2015 | 46.00 Mn |
| Jun 28, 2013 | 10.30 Mn |
| Dec 28, 2012 | 97.90 Mn |
| Sep 28, 2012 | 222.30 Mn |
| Jun 29, 2012 | 23.60 Mn |
| Mar 30, 2012 | 562.00 Mn |