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Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
567.08
-9.08 (-1.58%)
At close: Nov 6, 2026, 4:00 PM EST
569.50
+2.42 (0.43%)
After-hours: Nov 6, 2026, 7:57 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
79,11677,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,044
Revenue Growth
7.86%7.20%4.59%5.64%2.88%1.09%3.12%5.14%5.33%5.46%5.28%2.40%4.58%5.03%0.60%-1.58%-2.45%-3.96%-0.39%2.52%
Gross Profit
9,2829,0867,4407,6856,0535,9307,3477,0178,7148,6458,5188,5718,5868,6588,5248,3878,4078,5898,7849,097
Operating Income
8,5658,3846,7006,9915,9305,9007,4257,1818,9118,9118,9279,0589,0679,1637,5317,4697,4685,9617,5967,821
Net Income
6,5136,2874,7935,0174,2004,2045,5035,3366,6756,7366,7766,9206,9667,0605,6885,7325,8694,7056,2116,315
Earnings Per Share
28.1627.1420.6221.4917.8817.8023.1722.3127.6727.5827.3527.5527.4027.3721.7721.6621.8317.3122.6122.76
EPS Growth
57.49%52.49%-11.00%-3.67%-35.37%-35.47%-15.29%-19.02%0.98%0.76%25.62%27.19%25.50%58.15%-3.69%-4.83%0.57%-32.16%-8.78%-6.35%

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
31,80330,84530,15330,25729,74228,97328,83028,61828,22228,45228,05027,47427,49627,86826,85526,98726,47925,95826,76226,748
Missiles and Fire Control
16,27115,39414,72614,45013,84213,39313,06212,68212,44112,20511,85811,25311,36911,26111,25311,31711,24911,19911,39611,693
Rotary and Mission Systems
17,47217,33416,97517,31216,95716,95117,50417,26417,71417,46816,81716,23916,33115,99116,10616,14815,80516,00416,23416,789
Space
13,57013,44113,25213,02912,80812,52712,41512,47912,91812,94412,91512,60512,49212,27311,93211,53211,18911,00611,35811,814
Revenue (Total)
79,11677,01475,10675,04873,34971,84471,81171,04371,29571,06969,64067,57167,68867,39366,14665,98464,72264,16765,75067,044

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
-62.85-72.29-80.89-79.87-79.71-86.10-77.86-74.36-67.01-68.53-67.14-63.76-54.43-53.78-50.38-49.13-33.68-36.31-35.54-29.08

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
10,11210,4027,3688,5576,3615,0716,7466,9728,3148,7677,9917,9207,4837,7257,9567,80210,1428,9468,8839,221
Capital Expenditures
-1,731-1,673-1,706-1,649-1,768-1,742-1,761-1,685-1,807-1,816-1,775-1,691-1,680-1,721-1,696-1,670-1,584-1,495-1,509-1,522
Free Cash Flow
8,3818,7295,6626,9084,5933,3294,9855,2876,5076,9516,2166,2295,8036,0046,2606,1328,5587,4517,3747,699
Free Cash Flow Growth
82.47%162.21%13.58%30.66%-29.41%-52.11%-19.80%-15.12%12.13%15.77%-0.70%1.58%-32.19%-19.42%-15.11%-20.35%67.05%49.80%25.77%19.98%

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
11.73%11.80%9.91%10.24%8.25%8.25%10.23%9.88%12.22%12.16%12.23%12.68%12.68%12.85%12.89%12.71%12.99%13.38%13.36%13.57%
Operating Margin
10.83%10.89%8.92%9.31%8.09%8.21%10.34%10.11%12.50%12.54%12.82%13.41%13.40%13.60%11.39%11.32%11.54%9.29%11.55%11.67%
Pretax Margin
9.68%9.64%7.54%7.89%6.69%6.81%8.94%8.76%11.00%11.09%11.40%11.98%12.03%12.30%10.00%10.12%10.78%8.66%11.25%11.26%
Profit Margin
8.23%8.16%6.38%6.69%5.73%5.85%7.66%7.51%9.36%9.48%9.73%10.24%10.29%10.48%8.60%8.69%9.07%7.33%9.45%9.42%
FCF Margin
10.59%11.33%7.54%9.21%6.26%4.63%6.94%7.44%9.13%9.78%8.93%9.22%8.57%8.91%9.46%9.29%13.22%11.61%11.21%11.48%

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
13.80013.65013.50013.35013.20013.05012.90012.75012.60012.45012.30012.15012.00011.80011.60011.40011.20011.00010.80010.600
Dividend Per Share Growth
4.54%4.60%4.65%4.71%4.76%4.82%4.88%4.94%5.00%5.51%6.03%6.58%7.14%7.27%7.41%7.55%7.69%7.84%8.00%8.16%
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
14.3113.4025.0716.2024.7832.2820.7821.7921.3316.1217.6018.0517.9519.3819.2920.7912.8014.9916.7512.73
PS Ratio
1.521.521.891.491.551.501.441.621.951.581.571.661.541.731.831.931.691.741.881.46