L3Harris Technologies (LHX) Asset Writedowns and Impairment (2012 - 2023)
L3Harris Technologies (LHX) posted Asset Writedowns and Impairment of $296.0 million for Q4 2023, up 393.33% sequentially from $60.0 million in Q2 2023.
L3Harris Technologies (LHX) Asset Writedowns and Impairment (2012 - 2023) Analysis & Trends
L3Harris Technologies has reported Asset Writedowns and Impairment for 9 years, with the latest figure at $296.0 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $296.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $356.0 million (down 55.61% YoY) and the FY2026 annual result came in at $85.0 million, up 123.68% from the prior year.
- Asset Writedowns and Impairment advanced to $296.0 million in Q4 2023 per LHX's latest filing, from $60.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $802.0 million in Q3 2022 and troughed at $46.0 million in Q1 2020.
- A 4-year average of $229.1 million and a median of $145.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 458.7% in 2021, down 80.86% in 2021.
- Over 4 years, Asset Writedowns and Impairment stood at $70.0 million in 2020, then jumped by 107.14% to $145.0 million in 2021, then jumped by 453.1% to $802.0 million in 2022, then sank by 63.09% to $296.0 million in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $296.0 million, $60.0 million, and $802.0 million for Q4 2023, Q2 2023, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 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 |