Lockheed Martin Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1991
Revenue	67,571	65,984	67,044	65,398	59,812	53,762	49,960	47,290	40,536	39,946	Upgrade
Revenue Growth (YoY)	2.41%	-1.58%	2.52%	9.34%	11.25%	7.61%	5.65%	16.66%	1.48%	-11.93%	Upgrade
Cost of Revenue	59,092	57,697	57,983	56,744	51,445	46,488	43,589	41,889	36,044	35,263	Upgrade
Gross Profit	8,479	8,287	9,061	8,654	8,367	7,274	6,371	5,401	4,492	4,683	Upgrade
Operating Income	8,479	8,287	9,061	8,654	8,367	7,274	6,371	5,401	4,492	4,683	Upgrade
Interest Expense / Income	916	623	569	591	653	668	651	663	443	340	Upgrade
Other Expense / Income	-535	984	942	-117	473	768	401	-1,528	-729	-695	Upgrade
Pretax Income	8,098	6,680	7,550	8,180	7,241	5,838	5,319	6,266	4,778	5,038	Upgrade
Income Tax	1,178	948	1,235	1,347	1,011	792	3,356	1,093	1,173	1,424	Upgrade
Net Income	6,920	5,732	6,315	6,833	6,230	5,046	1,963	5,173	3,605	3,614	Upgrade
Net Income Growth	20.73%	-9.23%	-7.58%	9.68%	23.46%	157.06%	-62.05%	43.50%	-0.25%	21.23%	Upgrade
Shares Outstanding (Basic)	248	262	276	280	282	284	287	293	307	316	Upgrade
Shares Change	-5.33%	-4.97%	-1.43%	-0.81%	-0.83%	-0.81%	-2.13%	-4.66%	-2.73%	-1.37%	Upgrade
EPS (Basic)	27.65	21.74	22.85	24.40	22.09	17.74	6.82	17.28	11.62	11.41	Upgrade
EPS (Diluted)	27.55	21.66	22.76	24.30	21.95	17.59	6.75	17.07	11.46	11.21	Upgrade
EPS Growth	27.19%	-4.83%	-6.34%	10.71%	24.79%	160.59%	-60.46%	48.95%	2.23%	22.78%	Upgrade
Free Cash Flow	6,229	6,132	7,699	6,417	5,827	1,860	5,299	4,126	4,162	3,021	Upgrade
Free Cash Flow Per Share	25.11	23.40	27.92	22.94	20.66	6.54	18.48	14.08	13.54	9.56	Upgrade
Dividend Per Share	12.150	11.400	10.600	9.800	9.000	8.200	7.460	6.770	6.150	5.490	Upgrade
Dividend Growth	6.58%	7.55%	8.16%	8.89%	9.76%	9.92%	10.19%	10.08%	12.02%	14.85%	Upgrade
Gross Margin	12.55%	12.56%	13.52%	13.23%	13.99%	13.53%	12.75%	11.42%	11.08%	11.72%	Upgrade
Operating Margin	12.55%	12.56%	13.52%	13.23%	13.99%	13.53%	12.75%	11.42%	11.08%	11.72%	Upgrade
Profit Margin	10.24%	8.69%	9.42%	10.45%	10.42%	9.39%	3.93%	10.94%	8.89%	9.05%	Upgrade
Free Cash Flow Margin	9.22%	9.29%	11.48%	9.81%	9.74%	3.46%	10.61%	8.72%	10.27%	7.56%	Upgrade
Effective Tax Rate	14.55%	14.19%	16.36%	16.47%	13.96%	13.57%	63.09%	17.44%	24.55%	28.27%	Upgrade
EBITDA	10,444	8,707	9,483	10,061	9,083	7,667	7,165	8,144	6,247	6,372	Upgrade
EBITDA Margin	15.46%	13.20%	14.14%	15.38%	15.19%	14.26%	14.34%	17.22%	15.41%	15.95%	Upgrade
Depreciation & Amortization	1,430	1,404	1,364	1,290	1,189	1,161	1,195	1,215	1,026	994	Upgrade
EBIT	9,014	7,303	8,119	8,771	7,894	6,506	5,970	6,929	5,221	5,378	Upgrade
EBIT Margin	13.34%	11.07%	12.11%	13.41%	13.20%	12.10%	11.95%	14.65%	12.88%	13.46%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).