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 (LHX) has 5 years of Operating Leases data on file, last reported 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 3.52% 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.
- The five-year high for Operating Leases was $960.0 million in Q3 2019, with the low at $672.0 million in Q3 2021.
- Average Operating Leases over 5 years is $764.9 million, with a median of $745.0 million recorded in 2022.
- Year-over-year, Operating Leases fell 23.23% in 2020 and climbed 12.5% in 2022.
- L3Harris Technologies' Operating Leases stood at $960.0 million in 2019, then slipped by 23.23% to $737.0 million in 2020, then gained by 4.21% to $768.0 million in 2021, then retreated by 3.52% to $741.0 million in 2022, then declined by 0.67% to $736.0 million in 2023.
- Business Quant data shows LHX's Operating Leases at $736.0 million in Q3 2023, $714.0 million in Q2 2023, and $735.0 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn |
| 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 |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 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 | 768.00 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 | 781.00 Mn |
| Sep 27, 2019 | 960.00 Mn |