L3Harris Technologies (LHX) Operating Leases (2019 - 2023)
L3Harris Technologies' (LHX) quarterly Operating Leases came in at $736.0 million in Q3 2023, down 1.21% year-over-year from $745.0 million in Q3 2022, and up 3.08% quarter-over-quarter from $714.0 million in Q2 2023.
Analysis
L3Harris Technologies (LHX) Operating Leases (2019 - 2023) Analysis & Trends
L3Harris Technologies has disclosed Operating Leases across 5 years of filings, most recently posting $736.0 million for Q3 2023.
- In Q3 2023, Operating Leases fell 1.21% year-over-year to $736.0 million; the TTM figure through Sep 2023 stood at $736.0 million (down 1.21% YoY), while the FY2022 annual figure was $741.0 million, down 15.51% from the prior year.
- Operating Leases came in at $736.0 million for Q3 2023 at L3Harris Technologies, up from $714.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $960.0 million in Q3 2019 to a low of $672.0 million in Q3 2021.
- Average Operating Leases over 5 years is $778.9 million, with a median of $745.0 million recorded in 2022.
- Year-over-year, Operating Leases slipped 23.23% in 2020 and rose 12.5% in 2022.
- Over 5 years, Operating Leases stood at $960.0 million in 2019, then fell by 23.23% to $737.0 million in 2020, then rose by 19.0% to $877.0 million in 2021, then retreated by 15.51% to $741.0 million in 2022, then decreased by 0.67% to $736.0 million in 2023.
- Per Business Quant data, the three most recent Operating Leases figures were $736.0 million in Q3 2023, $714.0 million in Q2 2023, and $735.0 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn |
Historic Data
Download Data
Historic 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 |