L3Harris Technologies (LHX) Operating Leases (2019 - 2023)
L3Harris Technologies (LHX) posted Operating Leases of $736.0 million for Q3 2023, up 3.08% sequentially from $714.0 million in Q2 2023, and down 1.21% YoY from $745.0 million in Q3 2022.
L3Harris Technologies (LHX) Operating Leases (2019 - 2023) Analysis & Trends
L3Harris Technologies has reported Operating Leases for 5 years, with the latest figure at $736.0 million in Q3 2023.
- Quarterly Operating Leases fell 1.21% year-over-year to $736.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $736.0 million (down 1.21% YoY) and the FY2022 annual result came in at $741.0 million, down 15.51% from the prior year.
- Operating Leases improved to $736.0 million in Q3 2023 per LHX's latest filing, from $714.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $960.0 million in Q3 2019 and troughed at $672.0 million in Q3 2021.
- A 5-year average of $778.9 million and a median of $745.0 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2020 and 2022: Operating Leases dropped 23.23% in 2020, then gained 12.5% in 2022.
- Over 5 years, Operating Leases stood at $960.0 million in 2019, then decreased by 23.23% to $737.0 million in 2020, then advanced by 19.0% to $877.0 million in 2021, then slipped by 15.51% to $741.0 million in 2022, then dropped by 0.67% to $736.0 million in 2023.
- According to Business Quant data, Operating Leases over the past three periods registered $736.0 million, $714.0 million, and $735.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 29, 2023 | 736.00 Mn |
| Jun 30, 2023 | 714.00 Mn |
| Mar 31, 2023 | 735.00 Mn |
| Dec 30, 2022 | 741.00 Mn |
| Sep 30, 2022 | 745.00 Mn |
| Jul 1, 2022 | 756.00 Mn |
| Apr 1, 2022 | 777.00 Mn |
| Dec 31, 2021 | 877.00 Mn |
| Oct 1, 2021 | 792.00 Mn |
| Jul 2, 2021 | 672.00 Mn |
| Apr 2, 2021 | 737.00 Mn |
| Jan 1, 2021 | 850.00 Mn |
| Oct 2, 2020 | 737.00 Mn |
| Jul 3, 2020 | 773.00 Mn |
| Apr 3, 2020 | 729.00 Mn |
| Jan 3, 2020 | 910.00 Mn |
| Sep 27, 2019 | 960.00 Mn |