Discontinued — last reported Q4 '22
Aeronautics — Amortization of purchased intangibles
Year-over-year, this metric was flat by 0.0%, from $2.00M to $2.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in this metric typically signals recent acquisition activity or the integration of new business units, while a decrease suggests that older acquired assets are becoming fully amortized. Consistently high levels relative to segment revenue may indicate a strategy heavily reliant on external growth rather than organic R&D.
Detailed definition
This metric represents the periodic non-cash expense recognized from the allocation of the purchase price of acquired bu...
Peer comparison
This is a standard accounting metric found in the financial disclosures of most large-cap aerospace and defense firms that utilize M&A as a growth strategy, often categorized under 'Amortization of Intangible Assets' in segment-level operating notes.
lmt_segment_aeronautics_amortization_of_purchased_intangiblesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | -$1.00M | $0.00 | $2.00M | $0.00 | -$1.00M | $0.00 | $2.00M |
| QoQ Change | — | +100.0% | — | -100.0% | — | +100.0% | — |
| YoY Change | — | — | — | — | +0.0% | — | +0.0% |
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Frequently Asked Questions
- What is Lockheed Martin's aeronautics — amortization of purchased intangibles?
- Lockheed Martin (LMT) reported aeronautics — amortization of purchased intangibles of $2.00M in Q4 2022.
- How has Lockheed Martin's aeronautics — amortization of purchased intangibles changed year-over-year?
- Lockheed Martin's aeronautics — amortization of purchased intangibles decreased by 0.0% year-over-year, from $2.00M to $2.00M.
- What does aeronautics — amortization of purchased intangibles mean?
- The annual non-cash expense recorded to account for the gradual expiration of the value of intangible assets acquired through business combinations in the aeronautics segment.