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| 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 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 |