Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
505.41
-0.09 (-0.02%)
At close: Oct 2, 2026, 4:00 PM EDT
506.98
+1.57 (0.31%)
After-hours: Oct 2, 2026, 7:59 PM EDT
Lockheed Martin Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 77,014 | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 |
Revenue Growth | 7.20% | 5.64% | 5.14% | 2.40% | -1.58% | 2.52% |
Gross Profit Gross Profit Growth | 9,086 | 7,685 | 7,017 | 8,571 | 8,387 | 9,097 |
Operating Income Operating Income Growth | 8,384 | 6,991 | 7,181 | 9,058 | 7,469 | 7,821 |
Net Income Net Income Growth | 6,287 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 |
Earnings Per Share EPS Growth | 27.14 | 21.49 | 22.31 | 27.55 | 21.66 | 22.76 |
EPS Growth | 52.49% | -3.67% | -19.02% | 27.19% | -4.83% | -6.35% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Aeronautics Aeronautics Growth | 30,845 | 30,257 | 28,618 | 27,474 | 26,987 | 26,748 |
Missiles and Fire Control Missiles and Fire Control Growth | 15,394 | 14,450 | 12,682 | 11,253 | 11,317 | 11,693 |
Rotary and Mission Systems Rotary and Mission Systems Growth | 17,334 | 17,312 | 17,264 | 16,239 | 16,148 | 16,789 |
Space Space Growth | 13,441 | 13,029 | 12,479 | 12,605 | 11,532 | 11,814 |
Revenue (Total) Revenue (Total) Growth | 77,014 | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 3,791 | 4,121 | 2,483 | 1,442 | 2,547 | 3,604 |
Total Debt Total Debt Growth | 20,538 | 22,771 | 20,270 | 17,459 | 15,547 | 11,670 |
Net Cash (Debt) Net Cash Growth | -16,747 | -18,650 | -17,787 | -16,017 | -13,000 | -8,066 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -72.29 | -79.87 | -74.36 | -63.76 | -49.13 | -29.08 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 10,402 | 8,557 | 6,972 | 7,920 | 7,802 | 9,221 |
Capital Expenditures CapEx Growth | -1,673 | -1,649 | -1,685 | -1,691 | -1,670 | -1,522 |
Free Cash Flow Free Cash Flow Growth | 8,729 | 6,908 | 5,287 | 6,229 | 6,132 | 7,699 |
Free Cash Flow Growth | 162.21% | 30.66% | -15.12% | 1.58% | -20.35% | 19.98% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 11.80% | 10.24% | 9.88% | 12.68% | 12.71% | 13.57% |
Operating Margin | 10.89% | 9.31% | 10.11% | 13.41% | 11.32% | 11.67% |
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% | 9.21% | 7.44% | 9.22% | 9.29% | 11.48% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 13.800 | 13.350 | 12.750 | 12.150 | 11.400 | 10.600 |
Dividend Per Share Growth | 4.55% | 4.71% | 4.94% | 6.58% | 7.55% | 8.16% |
Dividend Yield | 2.73% | 2.81% | 2.75% | 2.88% | 2.59% | 3.38% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 18.62 | 22.31 | 21.59 | 16.25 | 22.24 | 15.52 |
Forward PE | 16.39 | 17.70 | 17.98 | 17.20 | 18.33 | 13.33 |
P/FCF Ratio | 13.36 | 16.20 | 21.79 | 18.05 | 20.79 | 12.73 |
PS Ratio | 1.51 | 1.49 | 1.62 | 1.66 | 1.93 | 1.46 |