Other

Operating lease obligation

L3Harris Technologies Operating lease obligation increased by 9.0% to $231.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $212.00M to $231.00M. Over 5 years (FY 2021 to FY 2026), Operating lease obligation shows an upward trend with a 2.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2025

How to read this metric

Changes generally track the size and duration of the company's lease portfolio rather than operational performance.

Detailed definition

This represents the tax impact of temporary differences between the book value of operating lease liabilities and their...

Peer comparison

Standard for any company reporting under ASC 842 or IFRS 16; comparable across all industries with significant leased assets.

Metric ID: other_deferred_tax_asset_operating_lease_liabilities

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$245.00M$239.00M$243.00M$212.00M$231.00M
QoQ Change—-2.4%+1.7%-12.8%+9.0%
YoY Change—-2.4%+1.7%-12.8%+9.0%
Range$212.00M – $245.00M
CAGR-5.7%
Avg YoY Growth-1.1%
Median YoY Growth-0.4%

Frequently Asked Questions

What is L3Harris Technologies's operating lease obligation?
L3Harris Technologies (LHX) reported operating lease obligation of $231.00M in Q4 2025.
How has L3Harris Technologies's operating lease obligation changed year-over-year?
L3Harris Technologies's operating lease obligation increased by 9.0% year-over-year, from $212.00M to $231.00M.
What is the long-term trend for L3Harris Technologies's operating lease obligation?
Over 5 years (2021 to 2026), L3Harris Technologies's operating lease obligation has grown at a 2.7% compound annual growth rate (CAGR), from $202.00M to $231.00M.
What does operating lease obligation mean?
The tax benefit associated with the difference between accounting and tax treatment of lease liabilities.