Company / Interest Expense
L3Harris Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$265.0M
FY2023
5-year range
-$265.0M / -$86.0M
FY2019-FY2023
Trend
-4.3%
vs FY2022
Sector context
#114 of 113
Industrials
What the data says
Among 113 Industrials companies, L3Harris is in the top -1% for interest expense. Interest Expense has declined for 4 consecutive years, from $217M in FY2019 to -$265M in FY2023.
Based on SEC 10-K filings.
-$265M in FY2023.
Improved from -$86M to -$265M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top -1% in IndustrialsTop -1% of 113This company -$265.0M Sector average $104.6M
▼
-353.5% below sector average
Key checks
Key Insights
- L3Harris's interest expense has declined for 4 consecutive years.
- In FY2023, interest expense decreased 4.3% year-over-year.
- Ranks #114 out of 113 companies in the Industrials sector.
- Peak interest expense was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 1.11 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$265.0M | -4.3% |
| FY2022 | -$254.0M | -195.3% |
| FY2021 | -$86.0M | -163.7% |
| FY2020 | $135.0M | -37.8% |
| FY2019 | $217.0M | +18.6% |
| FY2018 | $183.0M | +7.6% |
| FY2017 | $170.0M | -7.1% |
| FY2016 | $183.0M | +40.8% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026