Discontinued — last reported Q4 '23

Other

Federal and state intangible assets

L3Harris Technologies Federal and state intangible assets decreased by 9.1% to $1.79B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $1.97B to $1.79B. Over 5 years (FY 2021 to FY 2026), Federal and state intangible assets shows relatively stable performance with a -1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2023

How to read this metric

An increase typically follows acquisitions where the book value of intangibles exceeds the tax basis, signaling potential future tax outflows.

Detailed definition

This metric captures the deferred tax liabilities associated with the carrying value of goodwill and other intangible as...

Peer comparison

Varies significantly based on M&A history; companies with aggressive acquisition strategies typically report higher balances.

Metric ID: other_deferred_tax_liabilities_goodwill_and_intangible_a_f0831f

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$1.66B$1.57B$2.14B$1.97B$1.79B
QoQ Change-5.8%+36.8%-7.9%-9.1%
YoY Change-5.8%+36.8%-7.9%-9.1%
Range$1.57B$2.14B
CAGR+7.9%
Avg YoY Growth+3.5%
Median YoY Growth-6.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is L3Harris Technologies's federal and state intangible assets?
L3Harris Technologies (LHX) reported federal and state intangible assets of $1.79B in Q4 2025.
How has L3Harris Technologies's federal and state intangible assets changed year-over-year?
L3Harris Technologies's federal and state intangible assets decreased by 9.1% year-over-year, from $1.97B to $1.79B.
What is the long-term trend for L3Harris Technologies's federal and state intangible assets?
Over 5 years (2021 to 2026), L3Harris Technologies's federal and state intangible assets has grown at a -1.5% compound annual growth rate (CAGR), from $1.93B to $1.79B.
What does federal and state intangible assets mean?
The future tax liability created by the difference between the book value and tax basis of intangible assets and goodwill.