L3Harris Technologies (LHX) Current Taxes (2009 - 2025)
L3Harris Technologies (LHX) posted Current Taxes of $29.0 million for Q1 2025, down 17.14% sequentially from $35.0 million in Q3 2024, and down 67.05% YoY from $88.0 million in Q1 2024.
L3Harris Technologies (LHX) Current Taxes (2009 - 2025) Analysis & Trends
L3Harris Technologies has reported Current Taxes for 16 years, with the latest figure at $29.0 million in Q1 2025.
- Quarterly Current Taxes fell 67.05% year-over-year to $29.0 million in Q1 2025, while the trailing twelve-month figure through Jan 2025 was $29.0 million (down 67.05% YoY) and the FY2025 annual result came in at $29.0 million, down 67.05% from the prior year.
- Current Taxes fell to $29.0 million in Q1 2025 per LHX's latest filing, from $35.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $508.0 million in Q1 2023 and troughed at $28.0 million in Q4 2021.
- A 5-year average of $193.3 million and a median of $182.0 million in 2024 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2022 and 2024: Current Taxes surged 1242.86% in 2022, then plunged 90.86% in 2024.
- Over 5 years, Current Taxes stood at $28.0 million in 2021, then soared by 1242.86% to $376.0 million in 2022, then plunged by 76.6% to $88.0 million in 2023, then tumbled by 60.23% to $35.0 million in 2024, then dropped by 17.14% to $29.0 million in 2025.
- According to Business Quant data, Current Taxes over the past three periods registered $29.0 million, $35.0 million, and $274.0 million for Q1 2025, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 364.42 Bn | 355.08 Bn | 6.95 Bn | - |
| 2 | Rtx | 284.67 Bn | 276.36 Bn | 9.91 Bn | - |
| 3 | Boeing | 168.62 Bn | 148.60 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 130.49 Bn | 126.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.33 Bn | 108.77 Bn | 951.00 Mn | 87.00 Mn |
| 6 | General Dynamics | 103.44 Bn | 99.11 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 78.40 Bn | 76.09 Bn | 3.72 Bn | - |
| 8 | TransDigm | 68.61 Bn | 65.84 Bn | 1.63 Bn | - |
| 9 | Axon Enterprise | 51.15 Bn | 50.47 Bn | 546.45 Mn | - |
| 10 | L3Harris Technologies | 49.91 Bn | 48.39 Bn | 1.50 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2025 | 29.00 Mn |
| Sep 27, 2024 | 35.00 Mn |
| Jun 28, 2024 | 274.00 Mn |
| Mar 29, 2024 | 182.00 Mn |
| Dec 29, 2023 | 88.00 Mn |
| Sep 29, 2023 | 383.00 Mn |
| Jun 30, 2023 | 365.00 Mn |
| Mar 31, 2023 | 508.00 Mn |
| Dec 30, 2022 | 376.00 Mn |
| Sep 30, 2022 | 201.00 Mn |
| Jul 1, 2022 | 350.00 Mn |
| Apr 1, 2022 | 187.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Oct 1, 2021 | 32.00 Mn |
| Jul 2, 2021 | 148.00 Mn |
| Apr 2, 2021 | 51.00 Mn |
| Jan 1, 2021 | 49.00 Mn |
| Oct 2, 2020 | 37.00 Mn |
| Jul 3, 2020 | 57.00 Mn |
| Apr 3, 2020 | 37.00 Mn |