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
DateValue
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