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
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 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