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.
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.
- Asset Writedowns and Impairment for Q4 2023 came in at $296.0 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2023 was $356.0 million (down 55.61% YoY), and the FY2026 annual result 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.
- The 4-year median for Asset Writedowns and Impairment is $145.0 million (2021), against an average of $229.1 million.
- Peak annual rise in Asset Writedowns and Impairment reached 458.7% in 2021, while the deepest fall reached 80.86% in 2021.
- L3Harris Technologies' 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 sank by 63.09% to $296.0 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $296.0 million (Q4 2023), $60.0 million (Q2 2023), and $802.0 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn |
| 10 | L3Harris Technologies | 57.09 Bn | 56.50 Bn | 1.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 29, 2023 | 296.00 Mn |
| Dec 29, 2023 | 296.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Sep 30, 2022 | 802.00 Mn |
| Sep 30, 2022 | 802.00 Mn |
| Jul 2, 2021 | 145.00 Mn |
| Jul 2, 2021 | 145.00 Mn |
| Apr 2, 2021 | 62.00 Mn |
| Apr 2, 2021 | 62.00 Mn |
| Jan 1, 2021 | 257.00 Mn |
| Jan 1, 2021 | 257.00 Mn |
| Jul 3, 2020 | 70.00 Mn |
| Jul 3, 2020 | 70.00 Mn |
| Apr 3, 2020 | 324.00 Mn |
| Apr 3, 2020 | 324.00 Mn |
| Jan 3, 2020 | 46.00 Mn |
| Jan 3, 2020 | 46.00 Mn |
| Mar 31, 2017 | 240.00 Mn |
| Mar 31, 2017 | 240.00 Mn |