L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023)
L3Harris Technologies (LHX) posted Other Operating Expenses of -$77.0 million for Q4 2023, down 396.15% sequentially from $26.0 million in Q2 2023, and down 1062.5% YoY from $8.0 million in Q4 2022.
L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023) Analysis & Trends
L3Harris Technologies has reported Other Operating Expenses for 15 years, with the latest figure at -$77.0 million in Q4 2023.
- Quarterly Other Operating Expenses fell 1062.5% year-over-year to -$77.0 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was -$77.0 million (down 326.47% YoY) and the FY2023 annual result came in at -$51.0 million, down 737.5% from the prior year.
- Other Operating Expenses declined to -$77.0 million in Q4 2023 per LHX's latest filing, from $26.0 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $229.0 million in Q3 2019 and troughed at -$310.0 million in Q2 2019.
- A 5-year average of $26.0 million and a median of $17.0 million in 2022 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2021 and 2023: Other Operating Expenses soared 370.0% in 2021, then plunged 1062.5% in 2023.
- Over 5 years, Other Operating Expenses stood at $229.0 million in 2019, then tumbled by 104.37% to -$10.0 million in 2020, then soared by 380.0% to $28.0 million in 2021, then sank by 71.43% to $8.0 million in 2022, then slumped by 1062.5% to -$77.0 million in 2023.
- According to Business Quant data, Other Operating Expenses over the past three periods registered -$77.0 million, $26.0 million, and $8.0 million for Q4 2023, Q2 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 29, 2023 | -77.00 Mn |
| Jun 30, 2023 | 26.00 Mn |
| Dec 30, 2022 | 8.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Oct 1, 2021 | 27.00 Mn |
| Jul 2, 2021 | 180.00 Mn |
| Apr 2, 2021 | -15.00 Mn |
| Oct 2, 2020 | -10.00 Mn |
| Apr 3, 2020 | -3.00 Mn |
| Jan 3, 2020 | 229.00 Mn |
| Sep 27, 2019 | 229.00 Mn |
| Jun 28, 2019 | -310.00 Mn |
| Jun 29, 2018 | 292.00 Mn |
| Mar 30, 2018 | 331.00 Mn |
| Dec 29, 2017 | 291.00 Mn |
| Sep 29, 2017 | 268.00 Mn |
| Jun 30, 2017 | 365.00 Mn |
| Mar 31, 2017 | 256.00 Mn |
| Dec 30, 2016 | 252.00 Mn |
| Sep 30, 2016 | 277.00 Mn |