L3Harris Technologies (LHX) Interest Expenses (2009 - 2024)
L3Harris Technologies (LHX) posted Interest Expenses of $166.0 million for Q3 2024, up 4.4% sequentially from $159.0 million in Q3 2023, and up 4.4% YoY from $159.0 million in Q3 2023.
L3Harris Technologies (LHX) Interest Expenses (2009 - 2024) Analysis & Trends
L3Harris Technologies (LHX) has 15 years of Interest Expenses data on file, last reported at $166.0 million in Q3 2024.
- Quarterly Interest Expenses rose 4.4% year-over-year to $166.0 million in Q3 2024, while the trailing twelve-month figure through Jun 2025 was $166.0 million (up 4.4% YoY) and the FY2021 annual result came in at $270.0 million, up 24.42% from the prior year.
- Interest Expenses improved to $166.0 million in Q3 2024 per LHX's latest filing, from $159.0 million in the prior quarter.
- The five-year high for Interest Expenses was $166.0 million in Q3 2024, with the low at $66.0 million in Q4 2020.
- Average Interest Expenses over 4 years is $99.9 million, with a median of $68.5 million recorded in 2020.
- Year-over-year, Interest Expenses jumped 213.95% in 2020 and tumbled 49.63% in 2021.
- L3Harris Technologies' Interest Expenses stood at $66.0 million in 2020, then rose by 4.55% to $69.0 million in 2021, then surged by 130.43% to $159.0 million in 2023, then increased by 4.4% to $166.0 million in 2024.
- Business Quant data shows LHX's Interest Expenses at $166.0 million in Q3 2024, $159.0 million in Q3 2023, and $69.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 616.00 Mn |
| 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 | 269.00 Mn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | - |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 484.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 162.00 Mn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 1.27 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | - |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 34.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 27, 2024 | 166.00 Mn |
| Sep 27, 2024 | 166.00 Mn |
| Sep 29, 2023 | 159.00 Mn |
| Sep 29, 2023 | 159.00 Mn |
| Apr 2, 2021 | 69.00 Mn |
| Apr 2, 2021 | 69.00 Mn |
| Jan 1, 2021 | 68.00 Mn |
| Jan 1, 2021 | 68.00 Mn |
| Oct 2, 2020 | 66.00 Mn |
| Oct 2, 2020 | 66.00 Mn |
| Jul 3, 2020 | 68.00 Mn |
| Jul 3, 2020 | 68.00 Mn |
| Apr 3, 2020 | 68.00 Mn |
| Apr 3, 2020 | 68.00 Mn |
| Jan 3, 2020 | 135.00 Mn |
| Jan 3, 2020 | 135.00 Mn |
| Sep 27, 2019 | 67.00 Mn |
| Sep 27, 2019 | 67.00 Mn |
| Jun 28, 2019 | 39.00 Mn |
| Jun 28, 2019 | 39.00 Mn |