L3Harris Technologies (LHX) Asset Writedowns and Impairment (2012 - 2023)

L3Harris Technologies (LHX) reported 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.

  • For the quarter ending Q4 2023, Asset Writedowns and Impairment changed N/A year-over-year to $296.0 million; the trailing twelve-month figure through Dec 2023 stood at $356.0 million (down 55.61% YoY), and the FY2026 full-year result was $85.0 million, up 123.68% from the prior year.
  • Asset Writedowns and Impairment advanced to $296.0 million in Q4 2023, 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.
  • 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.
  • Peak annual rise in Asset Writedowns and Impairment reached 458.7% in 2021, while the deepest fall reached 80.86% in 2021.
  • Tracing LHX's Asset Writedowns and Impairment over 4 years: 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 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 General Electric 370.79 Bn 361.44 Bn -3.10 Bn
2 Rtx 287.17 Bn 278.86 Bn 9.91 Bn
3 Boeing 168.70 Bn 148.68 Bn 2.41 Bn
4 Lockheed Martin 131.80 Bn 128.01 Bn 2.45 Bn
5 Howmet Aerospace 112.14 Bn 109.71 Bn 854.00 Mn
6 General Dynamics 101.91 Bn 97.58 Bn 6.76 Bn
7 Northrop Grumman 75.39 Bn 73.08 Bn 3.72 Bn
8 TransDigm 72.38 Bn 68.50 Bn 1.51 Bn
9 L3Harris Technologies 50.57 Bn 49.98 Bn 1.40 Bn
10 Heico 49.46 Bn 49.25 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