L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023)
L3Harris Technologies' (LHX) quarterly Other Operating Expenses came in at -$77.0 million in Q4 2023, down 1062.5% year-over-year from $8.0 million in Q4 2022, and down 396.15% quarter-over-quarter from $26.0 million in Q2 2023.
Analysis
L3Harris Technologies (LHX) Other Operating Expenses (2009 - 2023) Analysis & Trends
L3Harris Technologies has disclosed Other Operating Expenses across 15 years of filings, most recently posting -$77.0 million for Q4 2023.
- In Q4 2023, Other Operating Expenses fell 1062.5% year-over-year to -$77.0 million; the TTM figure through Sep 2024 stood at -$77.0 million (down 326.47% YoY), while the FY2023 annual figure was -$51.0 million, down 737.5% from the prior year.
- Other Operating Expenses came in at -$77.0 million for Q4 2023 at L3Harris Technologies, down 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.
- Average Other Operating Expenses over 5 years is $26.0 million, with a median of $17.0 million recorded in 2022.
- Year-over-year, Other Operating Expenses surged 370.0% in 2021 and tumbled 1062.5% in 2023.
- Over 5 years, Other Operating Expenses stood at $229.0 million in 2019, then sank by 104.37% to -$10.0 million in 2020, then jumped by 380.0% to $28.0 million in 2021, then tumbled by 71.43% to $8.0 million in 2022, then plunged by 1062.5% to -$77.0 million in 2023.
- Per Business Quant data, the three most recent Other Operating Expenses figures were -$77.0 million in Q4 2023, $26.0 million in Q2 2023, and $8.0 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 120.70 Bn | 116.91 Bn | 2.45 Bn |
| 2 | General Dynamics | 96.44 Bn | 92.10 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 77.62 Bn | 76.91 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.62 Bn | 71.32 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 45.79 Bn | 44.27 Bn | 1.50 Bn |
| 6 | Elbit Systems | 33.28 Bn | 32.31 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 27.95 Bn | 27.61 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.74 Bn | 20.27 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.26 Bn | 15.51 Bn | 817.00 Mn |
| 10 | Caci International | 13.71 Bn | 13.52 Bn | 913.55 Mn |
Historic Data
Download Data
Historic 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 |