L3Harris Technologies (LHX) Operating Leases (2019 - 2023)
L3Harris Technologies (LHX) reported Operating Leases of $736.0 million for Q3 2023, down 1.21% on a YoY basis from $745.0 million in Q3 2022, and up 3.08% sequentially from $714.0 million in Q2 2023.
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.
- For the quarter ending Q3 2023, Operating Leases fell 1.21% year-over-year to $736.0 million; the trailing twelve-month figure through Sep 2023 stood at $736.0 million (down 1.21% YoY), and the FY2022 full-year result was $741.0 million, down 15.51% from the prior year.
- Operating Leases improved to $736.0 million in Q3 2023, 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.
- A 5-year average of $778.9 million and a median of $745.0 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases decreased 23.23% in 2020 and increased 12.5% in 2022, its largest moves.
- Tracing LHX's Operating Leases over 5 years: stood at $960.0 million in 2019, then declined by 23.23% to $737.0 million in 2020, then increased by 19.0% to $877.0 million in 2021, then fell by 15.51% to $741.0 million in 2022, then retreated 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 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn |
| 10 | Heico | 49.29 Bn | 49.08 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 | 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 |