Discontinued — last reported Q2 '23
Business Segments · Goodwill
Spaceand Airborne Systems — Goodwill
L3Harris Technologies Spaceand Airborne Systems — Goodwill increased by 0.1% to $6.11B in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $5.82B to $6.11B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2019
Last reportedQ2 2023
Rolls up toGoodwill
How to read this metric
High goodwill relative to assets may indicate a history of aggressive acquisition activity, while changes signal adjustments in valuation or impairment.
Detailed definition
This represents the intangible asset value recorded when the purchase price of an acquired business in the Space and Air...
Peer comparison
Common in defense firms that grow through frequent M&A, comparable to peers with similar acquisition histories.
Metric ID:
lhx_segment_space_airborne_systems_goodwillHistorical Data
10 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.22B | $5.22B | $5.21B | $5.20B | $5.85B | $5.82B | $5.77B | $5.78B | $6.10B | $6.11B |
| QoQ Change | — | +0.0% | -0.2% | -0.1% | +12.4% | -0.5% | -0.8% | +0.1% | +5.6% | +0.1% |
| YoY Change | — | — | — | — | +12.1% | +11.4% | +10.8% | +11.1% | +4.3% | +5.0% |
Range$5.20B – $6.11B
CAGR+7.2%
Avg YoY Growth+9.1%
Median YoY Growth+10.9%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is L3Harris Technologies's spaceand airborne systems — goodwill?
- L3Harris Technologies (LHX) reported spaceand airborne systems — goodwill of $6.11B in Q2 2023.
- How has L3Harris Technologies's spaceand airborne systems — goodwill changed year-over-year?
- L3Harris Technologies's spaceand airborne systems — goodwill increased by 5.0% year-over-year, from $5.82B to $6.11B.
- What does spaceand airborne systems — goodwill mean?
- The premium paid over the fair value of assets for acquisitions within the Space and Airborne Systems segment.