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 (LHX) has 9 years of Asset Writedowns and Impairment data on file, last reported 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.
- The five-year high for Asset Writedowns and Impairment was $802.0 million in Q3 2022, with the low at $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 widest YoY moves for Asset Writedowns and Impairment: up 458.7% in 2021, down 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 slumped by 63.09% to $296.0 million in 2023.
- Business Quant data shows LHX's Asset Writedowns and Impairment at $296.0 million in Q4 2023, $60.0 million in Q2 2023, and $802.0 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn |
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 |