L3Harris Technologies (LHX) Current Taxes (2009 - 2025)
L3Harris Technologies' (LHX) quarterly Current Taxes came in at $29.0 million in Q1 2025, down 67.05% year-over-year from $88.0 million in Q1 2024, and down 17.14% quarter-over-quarter from $35.0 million in Q3 2024.
Analysis
L3Harris Technologies (LHX) Current Taxes (2009 - 2025) Analysis & Trends
L3Harris Technologies has disclosed Current Taxes across 16 years of filings, most recently posting $29.0 million for Q1 2025.
- In Q1 2025, Current Taxes fell 67.05% year-over-year to $29.0 million; the TTM figure through Jan 2025 stood at $29.0 million (down 67.05% YoY), while the FY2025 annual figure was $29.0 million, down 67.05% from the prior year.
- Current Taxes came in at $29.0 million for Q1 2025 at L3Harris Technologies, down from $35.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $508.0 million in Q1 2023 to a low of $28.0 million in Q4 2021.
- Average Current Taxes over 5 years is $193.3 million, with a median of $182.0 million recorded in 2024.
- Year-over-year, Current Taxes jumped 1242.86% in 2022 and tumbled 90.86% in 2024.
- Over 5 years, Current Taxes stood at $28.0 million in 2021, then jumped by 1242.86% to $376.0 million in 2022, then slumped by 76.6% to $88.0 million in 2023, then sank by 60.23% to $35.0 million in 2024, then decreased by 17.14% to $29.0 million in 2025.
- Per Business Quant data, the three most recent Current Taxes figures were $29.0 million in Q1 2025, $35.0 million in Q3 2024, and $274.0 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | - |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | - |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | - |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | - |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | - |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | - |
Historic Data
Download Data
Historic 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 |