L3Harris Technologies (LHX) Interest Expenses (2009 - 2024)
L3Harris Technologies' (LHX) quarterly Interest Expenses came in at $166.0 million in Q3 2024, up 4.4% year-over-year from $159.0 million in Q3 2023, and up 4.4% quarter-over-quarter from $159.0 million in Q3 2023.
Analysis
L3Harris Technologies (LHX) Interest Expenses (2009 - 2024) Analysis & Trends
L3Harris Technologies has disclosed Interest Expenses across 15 years of filings, most recently posting $166.0 million for Q3 2024.
- In Q3 2024, Interest Expenses rose 4.4% year-over-year to $166.0 million; the TTM figure through Sep 2024 stood at $462.0 million (up 27.62% YoY), while the FY2021 annual figure was $270.0 million, up 24.42% from the prior year.
- Interest Expenses came in at $166.0 million for Q3 2024 at L3Harris Technologies, up from $159.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $166.0 million in Q3 2024 to a low of $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.
- The largest YoY upside for Interest Expenses was 213.95% in 2020 against a maximum downside of 55.7% in 2020.
- Over 4 years, Interest Expenses stood at $66.0 million in 2020, then climbed by 4.55% to $69.0 million in 2021, then surged by 130.43% to $159.0 million in 2023, then advanced by 4.4% to $166.0 million in 2024.
- Per Business Quant data, the three most recent Interest Expenses figures were $166.0 million in Q3 2024, $159.0 million in Q3 2023, and $69.0 million in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 266.00 Mn |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 109.00 Mn |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 161.00 Mn |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 13.60 Mn |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 9.93 Mn |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | - |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 72.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2024 | 166.00 Mn |
| Sep 29, 2023 | 159.00 Mn |
| Apr 2, 2021 | 69.00 Mn |
| Jan 1, 2021 | 68.00 Mn |
| Oct 2, 2020 | 66.00 Mn |
| Jul 3, 2020 | 68.00 Mn |
| Apr 3, 2020 | 68.00 Mn |
| Jan 3, 2020 | 135.00 Mn |
| Sep 27, 2019 | 149.00 Mn |
| Jun 28, 2019 | 82.00 Mn |
| Mar 29, 2019 | 43.00 Mn |
| Dec 28, 2018 | 43.00 Mn |
| Sep 28, 2018 | 44.00 Mn |
| Jun 29, 2018 | 46.00 Mn |
| Mar 30, 2018 | 41.00 Mn |
| Dec 29, 2017 | 42.00 Mn |
| Sep 29, 2017 | 41.00 Mn |
| Jun 30, 2017 | 42.00 Mn |
| Mar 31, 2017 | 42.00 Mn |
| Dec 30, 2016 | 44.00 Mn |