Discontinued — last reported Q4 '23
Business Segments · CapEx
IMS — CapEx
L3Harris Technologies IMS — CapEx remained flat by 0.0% to $37.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 231.1%, from $11.25M to $37.25M. Over 2 years (FY 2022 to FY 2024), IMS — CapEx shows an upward trend with a 46.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2023
How to read this metric
Higher spending generally signals growth investment and modernization, whereas lower spending may indicate a focus on cash preservation or the completion of major infrastructure cycles.
Detailed definition
This metric measures the cash outflows used by the Integrated Mission Systems segment to acquire, upgrade, and maintain...
Peer comparison
Standard across all capital-intensive industries as 'CapEx', typically compared as a percentage of segment revenue to assess asset intensity.
Metric ID:
lhx_segment_ims_capital_expendituresHistorical Data
3 years
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $69.00M | $45.00M | $149.00M |
| YoY Change | — | -34.8% | +231.1% |
Range$45.00M – $149.00M
CAGR+46.9%
Avg YoY Growth+98.2%
Median YoY Growth+98.2%
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Frequently Asked Questions
- What is L3Harris Technologies's ims — capex?
- L3Harris Technologies (LHX) reported ims — capex of $37.25M in Q4 2023.
- How has L3Harris Technologies's ims — capex changed year-over-year?
- L3Harris Technologies's ims — capex increased by 231.1% year-over-year, from $11.25M to $37.25M.
- What is the long-term trend for L3Harris Technologies's ims — capex?
- Over 2 years (2022 to 2024), L3Harris Technologies's ims — capex has grown at a 46.9% compound annual growth rate (CAGR), from $69.00M to $149.00M.
- What does ims — capex mean?
- The amount of money the segment spends on physical assets and infrastructure to maintain or grow operations.