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
DateValue
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