Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
501.22
+7.62 (1.54%)
Jun 23, 2026, 12:20 PM EDT - Market open
Lockheed Martin Income Statement
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 | Mar '26 Mar 29, 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 |
| 75,106 | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 | |
Revenue Growth (YoY) | 4.59% | 5.64% | 5.14% | 2.40% | -1.58% | 2.52% |
Cost of Revenue | 117,465 | 67,429 | 64,113 | 59,092 | 57,697 | 57,983 |
Gross Profit | 7,374 | 7,619 | 6,930 | 8,479 | 8,287 | 9,061 |
Other Operating Expenses | -48 | -112 | -83 | -28 | -61 | -62 |
Total Operating Expenses | -48 | -112 | -83 | -28 | -61 | -62 |
Operating Income | 7,422 | 7,731 | 7,013 | 8,507 | 8,348 | 9,123 |
Interest Expense | -1,119 | -1,118 | -1,036 | -916 | -623 | -569 |
Other Non-Operating Income (Expense) | 34 | -691 | 243 | 507 | -1,045 | -1,004 |
Total Non-Operating Income (Expense) | -1,085 | -1,809 | -793 | -409 | -1,668 | -1,573 |
Pretax Income | 5,660 | 5,922 | 6,220 | 8,098 | 6,680 | 7,550 |
Provision for Income Taxes | 867 | 905 | 884 | 1,178 | 948 | 1,235 |
Net Income | 4,793 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 |
Net Income to Common | 4,793 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 |
Net Income Growth | -12.90% | -5.98% | -22.89% | 20.73% | -9.23% | -7.58% |
Shares Outstanding (Basic) | 232 | 233 | 238 | 250 | 264 | 276 |
Shares Outstanding (Diluted) | 233 | 234 | 239 | 251 | 265 | 277 |
Shares Change (YoY) | -2.15% | -2.38% | -4.78% | -5.06% | -4.61% | -1.35% |
EPS (Basic) | 20.73 | 21.56 | 22.39 | 27.65 | 21.74 | 22.85 |
EPS (Diluted) | 20.65 | 21.49 | 22.31 | 27.55 | 21.66 | 22.76 |
EPS Growth | -10.80% | -3.67% | -19.02% | 27.19% | -4.83% | -6.34% |
Free Cash Flow | 5,662 | 6,908 | 5,287 | 6,229 | 6,132 | 7,699 |
Free Cash Flow Growth | -18.04% | 30.66% | -15.12% | 1.58% | -20.35% | 19.98% |
Free Cash Flow Per Share | 24.35 | 29.58 | 22.10 | 24.80 | 23.17 | 27.75 |
Dividends Per Share | 13.500 | 13.350 | 12.750 | 12.150 | 11.400 | 10.600 |
Dividend Growth | 1.12% | 4.71% | 4.94% | 6.58% | 7.55% | 8.16% |
Gross Margin | 9.82% | 10.15% | 9.75% | 12.55% | 12.56% | 13.51% |
Operating Margin | 9.88% | 10.30% | 9.87% | 12.59% | 12.65% | 13.61% |
Profit Margin | 6.38% | 6.69% | 7.51% | 10.24% | 8.69% | 9.42% |
FCF Margin | 7.54% | 9.20% | 7.44% | 9.22% | 9.29% | 11.48% |
EBITDA | 9,110 | 9,418 | 8,572 | 9,937 | 9,752 | 10,487 |
EBITDA Margin | 12.13% | 12.55% | 12.07% | 14.71% | 14.78% | 15.64% |
EBIT | 7,422 | 7,731 | 7,013 | 8,507 | 8,348 | 9,123 |
EBIT Margin | 9.88% | 10.30% | 9.87% | 12.59% | 12.65% | 13.61% |
Effective Tax Rate | 15.32% | 15.28% | 14.21% | 14.55% | 14.19% | 16.36% |