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Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
576.16
-18.88 (-3.17%)
At close: Nov 5, 2026, 4:00 PM EST
572.24
-3.92 (-0.68%)
After-hours: Nov 5, 2026, 7:59 PM EST

Lockheed Martin Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
20,71120,06318,02120,32118,60918,15517,96318,62217,10418,12217,19518,87416,87816,69315,12618,99116,58315,44614,96417,729
Revenue Growth
11.30%10.51%0.32%9.12%8.80%0.18%4.47%-1.33%1.34%8.56%13.68%-0.62%1.78%8.07%1.08%7.12%3.46%-9.30%-7.96%4.09%
Gross Profit
2,4362,4462,0782,3222,2408002,3236902,1172,2171,9932,3872,0482,0902,0462,4022,1201,9561,9092,422
Operating Income
2,3622,3991,9831,8312,1817152,2747602,1512,2402,0302,4902,1512,2412,1612,4992,2476542,0992,498
Net Income
1,8451,8361,4881,3441,6193421,7125271,6231,6411,5451,8661,6841,6811,6891,9121,7783091,7332,049
Earnings Per Share
7.977.946.445.806.951.467.282.226.806.856.397.586.736.636.617.406.711.166.447.47
EPS Growth
14.68%443.84%-11.54%161.03%2.21%-78.69%13.93%-70.70%1.04%3.32%-3.33%2.45%0.30%471.55%2.64%-0.89%203.62%-82.21%-1.83%17.09%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Aeronautics
8,2148,1126,9538,5247,2567,4207,0578,0096,4877,2776,8457,6136,7176,8756,2697,6357,0895,8626,4017,127
Missiles and Fire Control
4,5014,1013,6494,0203,6243,4333,3733,4123,1753,1022,9933,1712,9392,7552,3883,2872,8312,7472,4523,219
Rotary and Mission Systems
4,5114,3543,9914,6164,3733,9954,3284,2614,3674,5484,0884,7114,1213,8973,5104,8033,7814,0123,5524,460
Space
3,4853,4963,4283,1613,3563,3073,2052,9403,0753,1953,2693,3793,1013,1662,9593,2662,8822,8252,5592,923
Revenue (Total)
20,71120,06318,02120,32118,60918,15517,96318,62217,10418,12217,19518,87416,87816,69315,12618,99116,58315,44614,96417,729

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
5,9603,7911,8944,1213,4701,2931,8032,4833,1512,5232,7901,4423,5513,6732,4402,5472,4301,7751,8833,604
Total Debt
20,49820,53820,69722,77122,18921,63820,30420,27019,32119,25719,41817,45917,38917,54515,60015,54711,48011,64411,64511,670
Net Cash (Debt)
-14,538-16,747-18,803-18,650-18,719-20,345-18,501-17,787-16,170-16,734-16,628-16,017-13,838-13,872-13,160-13,000-9,050-9,869-9,762-8,066
Net Cash Growth
--------------------
Net Cash Per Share
-62.80-72.47-81.36-80.42-80.41-86.83-78.63-75.05-67.77-69.84-68.82-65.08-55.31-54.70-51.47-50.33-34.14-37.00-36.26-29.43

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
3,4383,2352203,2193,7282011,4091,0232,4381,8761,6352,3652,8911,1001,5641,9283,1331,3311,4104,268
Capital Expenditures
-439-318-511-463-381-351-454-582-355-370-378-704-364-329-294-693-405-304-268-607
Free Cash Flow
2,9992,917-2912,7563,347-1509554412,0831,5061,2571,6612,5277711,2701,2352,7281,0271,1423,661
Free Cash Flow Growth
-10.40%--524.94%60.68%--24.02%-73.45%-17.57%95.33%-1.02%34.49%-7.37%-24.93%11.21%-66.27%68.29%8.11%-22.15%237.42%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
11.76%12.19%11.53%11.43%12.04%4.41%12.93%3.71%12.38%12.23%11.59%12.65%12.13%12.52%13.53%12.65%12.78%12.66%12.76%13.66%
Operating Margin
11.40%11.96%11.00%9.01%11.72%3.94%12.66%4.08%12.58%12.36%11.81%13.19%12.74%13.43%14.29%13.16%13.55%4.23%14.03%14.09%
Pretax Margin
10.49%10.86%9.84%7.53%10.41%2.30%11.33%2.79%11.21%10.75%10.67%11.36%11.57%12.02%13.18%11.53%12.66%2.14%13.77%14.04%
Profit Margin
8.91%9.15%8.26%6.61%8.70%1.88%9.53%2.83%9.49%9.05%8.98%9.89%9.98%10.07%11.17%10.07%10.72%2.00%11.58%11.56%
FCF Margin
14.48%14.54%-1.62%13.56%17.99%-0.83%5.32%2.37%12.18%8.31%7.31%8.80%14.97%4.62%8.40%6.50%16.45%6.65%7.63%20.65%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
3.4503.4503.4503.4503.3003.3003.3003.3003.1503.1503.1503.1503.0003.0003.0003.0002.8002.8002.8002.800
Dividend Per Share Growth
4.54%4.54%4.54%4.54%4.76%4.76%4.76%4.76%5.00%5.00%5.00%5.00%7.14%7.14%7.14%7.14%7.69%7.69%7.69%7.69%
Dividend Yield
2.65%2.68%2.19%2.73%2.67%2.82%2.90%2.60%2.14%2.63%2.69%2.61%2.84%2.55%2.44%2.27%2.67%2.60%2.32%2.93%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
18.4118.6129.6122.3127.1025.5618.8221.5920.8016.6416.1416.2514.9516.4821.2322.2418.6623.7419.8915.52
Forward PE
16.6916.5720.6117.7018.0116.8216.2317.9821.6917.6917.5017.2015.1316.9017.7318.3314.8115.5916.9313.33
P/FCF Ratio
14.3113.40-16.2024.78-20.7821.7921.3316.1217.6018.0517.9519.3819.2920.7912.8014.9916.7512.73
PS Ratio
1.521.521.891.491.551.501.441.621.951.581.571.661.541.731.831.931.691.741.881.46