Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
586.29
+3.55 (0.61%)
At close: Aug 3, 2026, 4:00 PM EDT
584.98
-1.31 (-0.22%)
Pre-market: Aug 4, 2026, 6:48 AM EDT

Lockheed Martin Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
77,01475,04871,04367,57165,98467,044
Revenue Growth
7.20%5.64%5.14%2.40%-1.58%2.52%
Gross Profit
9,0867,6196,9308,4798,2879,061
Operating Income
9,1537,7317,0138,5078,3489,123
Net Income
6,2875,0175,3366,9205,7326,315
Earnings Per Share
27.1321.4922.3127.5521.6622.76
EPS Growth
52.76%-3.67%-19.02%27.19%-4.83%-6.34%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Aeronautics
30,84530,25728,61827,47426,98726,748
Missiles & Fire Control
15,39414,45012,68211,25311,31711,693
Rotary & Mission Systems
17,33417,31217,26416,23916,14816,789
Space
13,44113,02912,47912,60511,53211,814
Revenue (Total)
77,01475,04871,04367,57165,98467,044

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
3,7914,1212,4831,4422,5473,604
Total Debt
20,53821,70020,27017,45915,54711,670
Net Cash (Debt)
-16,747-17,579-17,787-16,017-13,000-8,066
Net Cash Growth
------
Net Cash Per Share
-72.27-75.28-74.36-63.76-49.13-29.08

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
10,4028,5576,9727,9207,8029,221
Capital Expenditures
-1,673-1,649-1,685-1,691-1,670-1,522
Free Cash Flow
8,7296,9085,2876,2296,1327,699
Free Cash Flow Growth
162.21%30.66%-15.12%1.58%-20.35%19.98%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
11.80%10.15%9.75%12.55%12.56%13.51%
Operating Margin
11.88%10.30%9.87%12.59%12.65%13.61%
Pretax Margin
9.64%7.89%8.76%11.98%10.12%11.26%
Profit Margin
8.16%6.69%7.51%10.24%8.69%9.42%
FCF Margin
11.33%9.20%7.44%9.22%9.29%11.48%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
13.80013.35012.75012.15011.40010.600
Dividend Per Share Growth
4.55%4.71%4.94%6.58%7.55%8.16%
Dividend Yield
2.35%2.78%2.64%2.69%2.35%2.99%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
21.6022.5121.7816.4522.4615.62
Forward PE
18.9617.7017.9817.2018.3313.33
P/FCF Ratio
15.5016.0321.5117.6120.1512.51
PS Ratio
1.761.481.601.621.871.44