Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
642.28
+5.95 (0.94%)
Mar 18, 2026, 4:00 PM EDT - Market closed
Lockheed Martin Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 28, 2025 | Jun '25 Jun 29, 2025 | Mar '25 Mar 30, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 29, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 24, 2023 | Jun '23 Jun 25, 2023 | Mar '23 Mar 26, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 25, 2022 | Jun '22 Jun 26, 2022 | Mar '22 Mar 27, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 26, 2021 | Jun '21 Jun 27, 2021 | Mar '21 Mar 28, 2021 |
Net Income | 1,344 | 1,619 | 342 | 1,712 | 527 | 1,623 | 1,641 | 1,545 | 1,866 | 1,684 | 1,681 | 1,689 | 1,912 | 1,778 | 309 | 1,733 | 2,049 | 614 | 1,815 | 1,837 |
Depreciation & Amortization | 463 | 428 | 399 | 397 | 459 | 390 | 359 | 351 | 421 | 350 | 334 | 325 | 439 | 293 | 343 | 329 | 365 | 329 | 334 | 336 |
Stock-Based Compensation | 89 | 74 | 81 | 60 | 48 | 75 | 93 | 61 | 44 | 75 | 89 | 57 | 43 | 61 | 80 | 54 | 38 | 62 | 80 | 47 |
Other Adjustments | 300 | 633 | 313.5 | -34 | 1,303 | 54 | 58 | -77 | -103 | -161 | -117 | -117 | -217 | 632 | 341 | -31 | 884.5 | 1,406 | -21 | 99 |
Change in Receivables | 890.5 | 409.5 | -1,740 | -1,393 | 97.5 | 1,097 | -530 | -992 | 695 | 425 | -663 | -949 | -6 | 337 | -497 | -2,115 | 2,422 | -928 | -914 | -1,599 |
Changes in Inventories | 87.5 | 87.5 | -336 | -125 | -256.5 | -256.5 | 181 | -146 | 180 | 186 | -27 | -383 | 25 | 318 | -287 | -163 | -78 | 216 | 137 | 289 |
Changes in Accounts Payable | -303 | 144 | -180 | 1,680 | -1,063 | -82 | -249 | 1,301 | -1,580 | 334 | 180 | 1,217 | -560 | 312 | -307 | 1,829 | -751 | -90 | -280 | 1,023 |
Changes in Income Taxes Payable | -155 | -351 | -88 | 339 | 65 | 45 | -320 | 341 | -52 | -35 | -460 | 414 | 35 | -952 | 1 | 317 | -10 | 22 | -268 | 301 |
Changes in Unearned Revenue | 1,181 | 398 | 60 | -420 | 744 | -130 | 436 | -445 | 1,254 | -248 | -152 | -152 | 429 | -18 | 175 | -205 | 592 | 136 | 124 | -290 |
Changes in Other Operating Activities | -865.5 | -5.5 | 509 | -807 | -1,216 | -227 | 245.5 | -304 | -452 | 281 | 235 | -537 | -272 | 372 | 438 | -338 | -176 | 170 | 279 | -295 |
Operating Cash Flow | 3,219 | 3,728 | 201 | 1,409 | 1,023 | 2,438 | 1,876 | 1,635 | 2,365 | 2,891 | 1,100 | 1,564 | 1,928 | 3,133 | 1,331 | 1,410 | 4,268 | 1,937 | 1,268 | 1,748 |
Operating Cash Flow Growth | 214.66% | 52.91% | -89.29% | -13.82% | -56.74% | -15.67% | 70.55% | 4.54% | 22.67% | -7.72% | -17.36% | 10.92% | -54.83% | 61.75% | 4.97% | -19.34% | 136.19% | 3.03% | -41.89% | -24.46% |
Capital Expenditures | -463 | -381 | -351 | -454 | -582 | -355 | -370 | -378 | -704 | -364 | -329 | -294 | -693 | -405 | -304 | -268 | -607 | -316 | -318 | -281 |
Other Investing Activities | -50 | 62 | -364 | 24 | -256 | 145 | -2 | 6 | 1 | -34 | -5 | 35 | -115 | 7 | -28 | 17 | 65 | 86 | 98 | 112 |
Investing Cash Flow | -513 | -319 | -715 | -430 | -838 | -210 | -372 | -372 | -703 | -398 | -334 | -259 | -808 | -398 | -332 | -251 | -542 | -230 | -220 | -169 |
Short-Term Debt Issued | - | - | 724.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Short-Term Debt Issued (Repaid) | - | - | 724.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Issued | 992.5 | 1,985 | - | - | 990 | 495 | 990 | 1,980 | - | - | 1,975 | - | 3,944 | 1,972 | 1,134 | - | - | - | - | - |
Long-Term Debt Repaid | -500 | -250 | -71 | - | - | - | -84 | - | -57.5 | -115 | - | - | - | - | -1,125 | - | -250 | -500 | - | - |
Net Long-Term Debt Issued (Repaid) | 492.5 | 1,735 | -71 | - | 990 | 495 | 906 | 1,980 | -57.5 | -115 | 1,975 | - | 3,944 | 1,972 | 8.5 | - | -250 | -500 | - | - |
Repurchase of Common Stock | -750 | -1,000 | -500 | -750 | -1,000 | -850 | -850 | -1,000 | -3,000 | -1,750 | -750 | -500 | -4,206 | -1,338 | -356 | -2,000 | -2,087 | -500 | -500 | -1,000 |
Net Common Stock Issued (Repurchased) | -750 | -1,000 | -500 | -750 | -1,000 | -850 | -850 | -1,000 | -3,000 | -1,750 | -750 | -500 | -4,206 | -1,338 | -356 | -2,000 | -2,087 | -500 | -500 | -1,000 |
Common Dividends Paid | -799 | -765 | -771 | -796 | -778 | -749 | -752 | -780 | -767 | -747 | -758 | -784 | -766 | -739 | -744 | -767 | -762 | -718 | -721 | -739 |
Other Financing Activities | -6 | -3 | -32 | -113 | -65 | -1 | -1 | -115 | -4 | -3 | -64 | -128 | 25 | -3 | -24 | -113 | -3.5 | -7 | -15 | -67 |
Financing Cash Flow | -2,055 | -1,232 | 4 | -1,659 | -853 | -1,600 | -1,771 | 85 | -3,771 | -2,615 | 467 | -1,412 | -1,003 | -2,080 | -1,107 | -2,880 | -2,849 | -1,725 | -1,236 | -1,806 |
Net Cash Flow | 651 | 2,177 | -510 | -680 | -668 | 628 | -267 | 1,348 | -2,109 | -122 | 1,233 | -107 | 117 | 655 | -108 | -1,721 | 877 | -18 | -188 | -227 |
Free Cash Flow | 2,756 | 3,347 | -150 | 955 | 441 | 2,083 | 1,506 | 1,257 | 1,661 | 2,527 | 771 | 1,270 | 1,235 | 2,728 | 1,027 | 1,142 | 3,661 | 1,621 | 950 | 1,467 |
Free Cash Flow Growth | 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% | 10.12% | -48.34% | -27.41% |
FCF Margin | 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% | 10.11% | 5.58% | 9.02% |
Free Cash Flow Per Share | 11.88 | 14.38 | -0.64 | 4.06 | 1.86 | 8.73 | 6.29 | 5.20 | 6.75 | 10.10 | 3.04 | 4.97 | 4.78 | 10.29 | 3.85 | 4.24 | 13.35 | 5.85 | 3.41 | 5.24 |
Levered Free Cash Flow | 1,782 | 3,674 | 1,009 | 2,322 | -332.5 | 1,503 | 2,830 | 4,245 | 875.5 | 2,073 | 3,437 | 2,279 | 5,259 | 3,670 | 376.5 | 3,234 | 1,134 | 581 | 1,823 | 2,920 |
Unlevered Free Cash Flow | 1,991 | 2,225 | 626.47 | 2,605 | -1,143 | 1,195 | 2,092 | 2,428 | 1,062 | 2,265 | 1,570 | 2,315 | 1,405 | 1,749 | 1,897 | 3,126 | 1,355 | 2,541 | 1,841 | 2,896 |
Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.