Discontinued — last reported Q4 '22
Space — Amortization of purchased intangibles
Lockheed Martin Space — Amortization of purchased intangibles increased by 800.0% to $21.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 78.1%, from $96.00M to $21.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher levels of recent acquisition activity or the recognition of new intangible assets, while a decrease indicates that older acquired assets are becoming fully amortized. High levels of amortization relative to segment earnings may mask underlying operational cash flow strength.
Detailed definition
This metric represents the systematic allocation of the cost of intangible assets acquired through business combinations...
Peer comparison
Comparable to 'Amortization of Acquired Intangibles' found in the segment reporting of other large-scale aerospace and defense contractors that utilize M&A to expand their technological capabilities.
lmt_segment_space_amortization_of_purchased_intangiblesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | -$22.00M | -$2.00M | $96.00M | -$3.00M | -$3.00M | -$3.00M | $21.00M |
| QoQ Change | — | +90.9% | >999% | -103.1% | +0.0% | +0.0% | +800.0% |
| YoY Change | — | — | — | — | +86.4% | -50.0% | -78.1% |
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Frequently Asked Questions
- What is Lockheed Martin's space — amortization of purchased intangibles?
- Lockheed Martin (LMT) reported space — amortization of purchased intangibles of $21.00M in Q4 2022.
- How has Lockheed Martin's space — amortization of purchased intangibles changed year-over-year?
- Lockheed Martin's space — amortization of purchased intangibles decreased by 78.1% year-over-year, from $96.00M to $21.00M.
- What does space — amortization of purchased intangibles mean?
- The non-cash expense related to the gradual write-down of intangible assets acquired through past business acquisitions within the Space segment.