L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023)
L3Harris Technologies (LHX) reported Other Operating Expenses of -$77.0 million for Q4 2023, down 1062.5% on a YoY basis from $8.0 million in Q4 2022, and down 396.15% sequentially from $26.0 million in Q2 2023.
L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023) Analysis & Trends
L3Harris Technologies (LHX) has 15 years of Other Operating Expenses data on file, last reported at -$77.0 million in Q4 2023.
- For the quarter ending Q4 2023, Other Operating Expenses fell 1062.5% year-over-year to -$77.0 million; the trailing twelve-month figure through Sep 2024 stood at -$77.0 million (down 326.47% YoY), and the FY2023 full-year result was -$51.0 million, down 737.5% from the prior year.
- Other Operating Expenses declined to -$77.0 million in Q4 2023, from $26.0 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $229.0 million in Q3 2019 to a low of -$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.
- Across the five-year window, Other Operating Expenses jumped 370.0% in 2021 and slumped 1062.5% in 2023, its largest moves.
- Tracing LHX's Other Operating Expenses over 5 years: stood at $229.0 million in 2019, then plunged by 104.37% to -$10.0 million in 2020, then soared by 380.0% to $28.0 million in 2021, then slumped by 71.43% to $8.0 million in 2022, then tumbled by 1062.5% to -$77.0 million in 2023.
- Business Quant data shows LHX's Other Operating Expenses at -$77.0 million in Q4 2023, $26.0 million in Q2 2023, and $8.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn |
| 10 | Embraer | 49.85 Bn | 47.89 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 |