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
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