Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
509.54
+0.77 (0.15%)
At close: Jul 20, 2026, 4:00 PM EDT
510.19
+0.65 (0.13%)
After-hours: Jul 20, 2026, 7:54 PM EDT
Lockheed Martin Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | 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 |
Net Income | 1,488 | 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 |
Depreciation & Amortization | 398 | 463 | 428 | 399 | 397 | 459 | 390 | 359 | 351 | 421 | 350 | 334 | 325 | 439 | 293 | 343 | 329 | 365 | 329 | 334 |
Stock-Based Compensation | 83 | 89 | 74 | 81 | 60 | 48 | 75 | 93 | 61 | 44 | 75 | 89 | 57 | 43 | 61 | 80 | 54 | 38 | 62 | 80 |
Other Adjustments | 161 | 300 | 633 | -527 | -34 | 1,303 | 54 | -68 | -77 | -103 | -161 | -117 | -117 | -217 | -115 | -394 | -31 | 52 | 1,406 | -39 |
Change in Receivables | -1,305 | 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 |
Changes in Inventories | -727 | 87.5 | 87.5 | -336 | -125 | -256.5 | -256.5 | 181 | -146 | 180 | 186 | -27 | -383 | 25 | 318 | -287 | -163 | -78 | 216 | 137 |
Changes in Accounts Payable | 1,222 | -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 |
Changes in Income Taxes Payable | 103 | -155 | -351 | -88 | 339 | 65 | 45 | -320 | 341 | -52 | -35 | -460 | 414 | 35 | -205 | 1 | 317 | -10 | 22 | -268 |
Changes in Unearned Revenue | -705 | 1,181 | 398 | 60 | -420 | 744 | -130 | 436 | -445 | 1,254 | -248 | -152 | -152 | 429 | -18 | 175 | -205 | 592 | 136 | 124 |
Changes in Other Operating Activities | -498 | -865.5 | -5.5 | 509 | -807 | -1,134 | -144.5 | 246 | -304 | -452 | 281 | 235 | -537 | -272 | 372 | 438 | -338 | -411 | 170 | 279 |
Operating Cash Flow | 220 | 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 |
Operating Cash Flow Growth | -84.39% | 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% |
Capital Expenditures | -511 | -463 | -381 | -351 | -454 | -582 | -355 | -370 | -378 | -704 | -364 | -329 | -294 | -693 | -405 | -304 | -268 | -607 | -316 | -318 |
Other Investing Activities | -30 | -50 | 62 | -364 | 24 | -256 | 145 | -2 | 6 | 1 | -34 | -5 | 35 | -115 | 7 | -28 | 17 | 65 | 86 | 98 |
Investing Cash Flow | -541 | -513 | -319 | -715 | -430 | -838 | -210 | -372 | -372 | -703 | -398 | -334 | -259 | -808 | -398 | -332 | -251 | -542 | -230 | -220 |
Long-Term Debt Issued | - | 0 | 1,985 | - | - | 990 | 0 | 0 | 1,980 | 0 | 0 | 1,975 | - | 3,944 | 0 | - | - | - | - | - |
Long-Term Debt Repaid | -1,000 | -500 | 0 | -142 | - | 0 | 0 | - | - | 0 | -115 | - | - | 0 | 0 | - | - | 0 | -500 | - |
Net Long-Term Debt Issued (Repaid) | -1,000 | -500 | 1,985 | -142 | - | 990 | 0 | 0 | 1,980 | 0 | -115 | 1,975 | - | 3,944 | 0 | - | - | 0 | -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 |
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 |
Common Dividends Paid | -816 | -799 | -765 | -771 | -796 | -778 | -749 | -752 | -780 | -767 | -747 | -758 | -784 | -766 | -739 | -744 | -767 | -762 | -718 | -721 |
Other Financing Activities | -90 | -6 | -3 | -32 | -113 | -65 | -1 | -1 | -115 | -4 | -3 | 0 | -128 | 25 | -3 | -24 | -113 | 0 | -7 | -15 |
Financing Cash Flow | -1,906 | -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 |
Net Cash Flow | -2,227 | 651 | 2,177 | -510 | -680 | -668 | 628 | -267 | 1,348 | -2,109 | -122 | 1,233 | -107 | 117 | 655 | -108 | -1,721 | 877 | -18 | -188 |
Free Cash Flow | -291 | 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 |
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% |
FCF Margin | -1.61% | 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% |
Free Cash Flow Per Share | -1.26 | 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 |
Levered Free Cash Flow | -230 | 789 | 3,924 | 213 | 2,322 | -250 | 1,090 | 1,924 | 4,245 | 933 | 2,073 | 3,437 | 2,279 | 5,259 | 2,445 | 368 | 3,234 | 1,149 | 581 | 1,823 |
Unlevered Free Cash Flow | 1,012 | 1,991 | 2,225 | 626.47 | 2,605 | -1,060 | 1,278 | 2,092 | 2,428 | 1,062 | 2,265 | 1,570 | 2,315 | 1,405 | 2,496 | 1,897 | 3,126 | 1,120 | 2,541 | 1,841 |