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 (LHX) has 15 years of Other Operating Expenses data on file, last reported 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.
  • The five-year high for Other Operating Expenses was $229.0 million in Q3 2019, with the low at -$77.0 million in Q4 2023.
  • Average Other Operating Expenses over 5 years is $56.5 million, with a median of $26.0 million recorded in 2023.
  • Year-over-year, Other Operating Expenses surged 370.0% in 2021 and slumped 1062.5% in 2023.
  • L3Harris Technologies' Other Operating Expenses stood at $229.0 million in 2019, then plunged by 104.37% to -$10.0 million in 2020, then jumped 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 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn

Historic Data

Download Data
DateValue
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 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
Jul 1, 2016 346.00 Mn