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| 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 |