Lockheed Martin Corporation (TSX:LMT)

Lockheed Martin Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,293	2,483	1,442	2,547	3,604	3,160
Cash & Short-Term Investments	1,293	2,483	1,442	2,547	3,604	3,160
Cash Growth	-48.75%	72.19%	-43.38%	-29.33%	14.05%	108.72%
Accounts Receivable	3,306	2,351	2,132	2,505	1,963	1,978
Other Receivables	14,896	12,957	13,183	12,318	10,579	9,545
Total Trade Receivables	18,202	15,308	15,315	14,823	12,542	11,523
Inventory	3,699	3,474	3,132	3,088	2,981	3,545
Other Current Assets	794	584	632	533	688	1,150
Total Current Assets	23,988	21,849	20,521	20,991	19,815	19,378
Net Property, Plant & Equipment	8,670	8,726	8,370	7,975	7,597	7,213
Other Intangible Assets	2,013	2,015	2,212	2,459	2,706	3,012
Goodwill	11,309	11,067	10,799	10,780	10,813	10,806
Other Long-Term Assets	12,890	11,960	10,554	10,675	9,942	10,301
Total Assets	58,870	55,617	52,456	52,880	50,873	50,710
Accounts Payable	3,653	2,222	2,312	2,117	780	880
Accrued Expenses	2,761	3,125	3,133	3,075	3,108	3,163
Current Portion of Long-Term Debt	3,118	643	168	118	-	500
Unearned Revenue	9,861	9,795	9,190	8,488	8,107	7,545
Other Current Liabilities	4,961	3,635	2,134	2,089	2,002	1,845
Total Current Liabilities	24,354	19,420	16,937	15,887	13,997	13,933
Long-Term Debt	18,520	19,627	17,291	15,429	11,670	11,669
Other Long-Term Liabilities	10,662	10,237	11,393	12,298	14,247	19,070
Total Long-Term Liabilities	29,182	29,864	28,684	27,727	25,917	30,739
Total Liabilities	53,536	49,284	45,621	43,614	39,914	44,672
Common Stock	232	234	240	254	271	279
Additional Paid-in Capital	-	-	-	92	94	221
Accumulated Other Comprehensive Income	-8,157	-8,452	-8,803	-8,023	-11,006	-16,121
Retained Earnings	13,259	14,551	15,398	16,943	21,600	21,636
Total Common Shareholders' Equity	5,334	6,333	6,835	9,266	10,959	6,015
Minority Interest	-	-	-	-	-	23
Shareholders' Equity	5,334	6,333	6,835	9,266	10,959	6,038
Total Liabilities & Equity	58,870	55,617	52,456	52,880	50,873	50,710
Total Debt	21,638	20,270	17,459	15,547	11,670	12,169
Net Cash (Debt)	-20,345	-17,787	-16,017	-13,000	-8,066	-9,009
Net Cash Per Share	-86.09	-74.36	-63.76	-49.13	-29.08	-32.04
Book Value	5,334	6,333	6,835	9,266	10,959	6,015
Book Value Per Share	22.57	26.48	27.21	35.02	39.51	21.39
Tangible Book Value	-7,988	-6,749	-6,176	-3,973	-2,560	-7,803
Tangible Book Value Per Share	-33.80	-28.21	-24.59	-15.02	-9.23	-27.75

Updated Jun 29, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.