LOCKHEED MARTIN CORPORATION financials

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LMT CIK 0000936468

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:09:27Z

Custom taxonomy namespace: ffd

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2010FY 2020
Free Cash Flow 6.91B 5.29B 6.23B 6.13B 7.70B 6.42B
EBITDA 9.42B 8.57B 9.94B 9.75B 10.49B 9.66B
Working Capital 2.03B 2.43B 3.58B 5.10B 5.82B 5.45B
Net Debt 18.65B 18.93B 17.19B 14.22B 9.50B 10.12B
Gross Margin 10.15% 9.75% 12.55% 12.56% 13.52% 13.23%
Operating Margin 10.30% 9.87% 12.59% 12.65% 13.61% 13.22%
Net Margin 6.69% 7.51% 10.24% 8.69% 9.42% 10.45%
Return on Equity (ROE) 74.65% 84.26% 101.24% 61.86% 57.62% 113.60%
Return on Assets (ROA) 8.38% 9.59% 13.19% 10.84% 12.41% 13.47%
Current Ratio 1.0869 1.1251 1.2116 1.3213 1.4157 1.3908
Debt-to-Equity 3.388 3.382 2.7266 1.8092 1.1955 2.2085
Effective Tax Rate 15.28% 14.21% 14.55% 14.19% 16.36% 16.36%
Cash Conversion Ratio 1.7056 1.3066 1.1445 1.3611 1.4602 1.1976
Accruals Ratio -0.0592 -0.0294 -0.0191 -0.0391 -0.0571 -0.0266
SBC % of Revenue 0.41% 0.39% 0.39% 0.36% 0.34% 0.34%
CapEx Coverage 5.1892 4.1377 4.6836 4.6719 6.0585 4.6336
Free Cash Flow Per Share $29.58 $22.10 $24.80 $23.17 $27.75 $22.82

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2010FY 2020
P/E Trailing (Diluted) 22.5067 21.7813 16.4515 22.4603 15.6156 14.6082
P/FCF 16.3487 21.9854 18.278 20.9924 12.8057 15.5556
FCF Yield 6.12% 4.55% 5.47% 4.76% 7.81% 6.43%
EV / EBITDA 13.7408 15.4742 12.677 14.1289 10.09 11.2971
P/S 1.4759 1.6006 1.6098 1.8727 1.4366 1.5144
P/B 16.4798 17.9551 15.9148 13.3357 8.7888 16.4654

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2010FY 2020
Revenues 75.05B 71.04B 67.57B 65.98B 67.04B 65.40B
Cost of Goods and Services Sold — — — — 57.98B 56.74B
Cost of Revenue 67.43B 64.11B 59.09B 57.70B 57.98B 56.74B
Gross Profit 7.62B 6.93B 8.48B 8.29B 9.06B 8.65B
Research and Development Expense 2.00B 1.60B 1.50B 1.70B 1.50B 1.30B
Operating Income (Loss) 7.73B 7.01B 8.51B 8.35B 9.12B 8.64B
Income Tax Expense (Benefit) 905.00M 884.00M 1.18B 948.00M 1.24B 1.35B
Net Income (Loss) Attributable to Parent 5.02B 5.34B 6.92B 5.73B 6.32B 6.83B
Earnings Per Share, Basic $21.56 $22.39 $27.65 $21.74 $22.85 $24.40
Weighted Average Number of Shares Outstanding, Basic 232.70M 238.30M 250.30M 263.70M 276.40M 280.00M
Earnings Per Share, Diluted $21.49 $22.31 $27.55 $21.66 $22.76 $24.30
Weighted Average Number of Shares Outstanding, Diluted 233.50M 239.20M 251.20M 264.60M 277.40M 281.20M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2010FY 2020
Cash and Cash Equivalents, at Carrying Value 4.12B 2.48B 1.44B 2.55B 3.60B 3.16B
Assets, Current 25.36B 21.85B 20.52B 20.99B 19.82B 19.38B
Assets 59.84B 55.62B 52.46B 52.88B 50.87B 50.71B
Long-term Debt 21.70B 20.27B 17.46B 15.55B 11.68B 12.17B
Liabilities, Current 23.34B 19.42B 16.94B 15.89B 14.00B 13.93B
Long-term Debt, Excluding Current Maturities 20.53B 19.63B 17.29B 15.43B 11.67B 11.67B
Liabilities 53.12B 49.28B 45.62B 43.61B 39.91B 44.67B
Stockholders' Equity Attributable to Parent 6.72B 6.33B 6.83B 9.27B 10.96B 6.01B
Common Stock, Shares, Outstanding 229.00M 234.00M 240.00M 254.00M 271.00M 279.00M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2010FY 2020
Net Cash Provided by (Used in) Operating Activities 8.56B 6.97B 7.92B 7.80B 9.22B 8.18B
Net Cash Provided by (Used in) Investing Activities -1.98B -1.79B -1.69B -1.79B -1.16B -2.01B
Payments for Repurchase of Common Stock 3.00B 3.70B 6.00B 7.90B 4.09B 1.10B
Net Cash Provided by (Used in) Financing Activities -4.94B -4.14B -7.33B -7.07B -7.62B -4.53B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

19 concepts 3 units
Unit US$ · 11 concepts
Label Value Period
Other Operating Income (Expense), Net -15.00M 2026-01-01 → 2026-03-29
Revenues 18.02B 2026-01-01 → 2026-03-29
Cost of Revenue 15.94B 2026-01-01 → 2026-03-29
Gross Profit 2.08B 2026-01-01 → 2026-03-29
Operating Income (Loss) 2.06B 2026-01-01 → 2026-03-29
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component 80.00M 2026-01-01 → 2026-03-29
Other Nonoperating Income (Expense) 60.00M 2026-01-01 → 2026-03-29
InterestExpenseNonoperating 269.00M 2026-01-01 → 2026-03-29
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.77B 2026-01-01 → 2026-03-29
Income Tax Expense (Benefit) 286.00M 2026-01-01 → 2026-03-29
Net Income (Loss) Attributable to Parent 1.49B 2026-01-01 → 2026-03-29
Unit shares · 4 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 229.90M 2026-01-01 → 2026-03-29
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 2026-01-01 → 2026-03-29
Weighted Average Number of Shares Outstanding, Diluted 231.10M 2026-01-01 → 2026-03-29
Weighted Average Number Diluted Shares Outstanding Adjustment 1.20M 2026-01-01 → 2026-03-29
Unit US$ / share · 4 concepts
Label Value Period
Earnings Per Share, Basic $6.47 2026-01-01 → 2026-03-29
Earnings Per Share, Diluted $6.44 2026-01-01 → 2026-03-29
Common Stock, Dividends, Per Share, Declared $3.45 2026-01-01 → 2026-03-29
Common Stock, Dividends, Per Share, Cash Paid $3.45 2026-01-01 → 2026-03-29

Comprehensive Income

4 concepts 1 unit

Balance Sheet

35 concepts 2 units
Unit US$ · 34 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 1.89B as of 2026-03-29
Receivables, Net, Current 2.32B as of 2026-03-29
Derivative Asset 42.00M as of 2026-03-29
Inventory, Finished Goods, Gross 198.00M as of 2026-03-29
Inventory, Work in Process, Gross 3.39B as of 2026-03-29
Inventory, Raw Materials and Supplies, Gross 665.00M as of 2026-03-29
Inventory, Net 4.25B as of 2026-03-29
Contract with Customer, Asset, after Allowance for Credit Loss, Current 15.88B as of 2026-03-29
Other Assets, Current 728.00M as of 2026-03-29
Assets, Current 25.08B as of 2026-03-29
Property, Plant and Equipment, Net 11.28B as of 2026-03-29
Capitalized Contract Cost, Net 1.90B as of 2026-03-29
Goodwill 11.31B as of 2026-03-29
Intangible Assets, Net (Excluding Goodwill) 1.84B as of 2026-03-29
Derivative Liability 117.00M as of 2026-03-29
Other Assets, Noncurrent 6.93B as of 2026-03-29
Deferred Income Tax Assets, Net 2.80B as of 2026-03-29
Assets 59.24B as of 2026-03-29
Accounts Payable, Current 4.71B as of 2026-03-29
Employee-related Liabilities, Current 2.68B as of 2026-03-29
Contract with Customer, Liability, Current 10.73B as of 2026-03-29
Long-term Debt, Current Maturities 168.00M as of 2026-03-29
Other Liabilities, Current 3.80B as of 2026-03-29
Liabilities, Current 22.09B as of 2026-03-29
Long-term Debt, Excluding Current Maturities 20.53B as of 2026-03-29
Liability, Defined Benefit Pension Plan, Noncurrent 3.92B as of 2026-03-29
Other Liabilities, Noncurrent 5.21B as of 2026-03-29
Liabilities 51.75B as of 2026-03-29
Common Stock, Value, Issued 230.00M as of 2026-03-29
Additional Paid in Capital, Common Stock 32.00M as of 2026-03-29
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.50B as of 2026-03-29
Retained Earnings (Accumulated Deficit) 14.72B as of 2026-03-29
Stockholders' Equity Attributable to Parent 7.49B as of 2026-03-29
Liabilities and Equity 59.24B as of 2026-03-29
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $1.00 as of 2026-03-29

Cash Flow Statement

21 concepts 1 unit
Unit US$ · 21 concepts
Label Value Period
Depreciation, Amortization and Accretion, Net 398.00M 2026-01-01 → 2026-03-29
Share-based Payment Arrangement, Noncash Expense 83.00M 2026-01-01 → 2026-03-29
Deferred Income Tax Expense (Benefit) 161.00M 2026-01-01 → 2026-03-29
Increase (Decrease) in Contract with Customer, Asset 2.88B 2026-01-01 → 2026-03-29
Increase (Decrease) in Receivables -1.58B 2026-01-01 → 2026-03-29
Increase (Decrease) in Inventories 727.00M 2026-01-01 → 2026-03-29
Increase (Decrease) in Contract with Customer, Liability -705.00M 2026-01-01 → 2026-03-29
Increase (Decrease) in Accounts Payable 1.22B 2026-01-01 → 2026-03-29
Increase (Decrease) in Income Taxes Payable 103.00M 2026-01-01 → 2026-03-29
Other Operating Activities, Cash Flow Statement -590.00M 2026-01-01 → 2026-03-29
Net Cash Provided by (Used in) Operating Activities 220.00M 2026-01-01 → 2026-03-29
Payments to Acquire Productive Assets 511.00M 2026-01-01 → 2026-03-29
Payments for (Proceeds from) Other Investing Activities 30.00M 2026-01-01 → 2026-03-29
Net Cash Provided by (Used in) Investing Activities -541.00M 2026-01-01 → 2026-03-29
Repayments of Long-term Debt 1.00B 2026-01-01 → 2026-03-29
Payments for Repurchase of Common Stock 0 2026-01-01 → 2026-03-29
Payments of Ordinary Dividends, Common Stock 816.00M 2026-01-01 → 2026-03-29
Proceeds from (Payments for) Other Financing Activities -90.00M 2026-01-01 → 2026-03-29
Net Cash Provided by (Used in) Financing Activities -1.91B 2026-01-01 → 2026-03-29
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.23B 2026-01-01 → 2026-03-29
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.89B as of 2026-03-29

Notes

16 concepts 3 units
Unit US$ · 13 concepts
Label Value Period
Accrual for Environmental Loss Contingencies 656.00M as of 2026-03-29
Recorded Third-Party Environmental Recoveries Receivable 602.00M as of 2026-03-29
Contract with Customer, Liability, Revenue Recognized 3.00B 2026-01-01 → 2026-03-29
Equity Securities without Readily Determinable Fair Value, Amount 736.00M as of 2026-03-29
Revenue, Remaining Performance Obligation, Amount 186.40B as of 2026-03-29
Capitalized Contract Cost, Impairment Loss 0 2026-01-01 → 2026-03-29
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 92.00M 2026-01-01 → 2026-03-29
Defined Benefit Plan, Plan Assets, Contributions by Employer 0 2026-01-01 → 2026-03-29
Long-term Debt, Gross 21.90B as of 2026-03-29
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax -23.00M 2026-01-01 → 2026-03-29
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax -69.00M 2026-01-01 → 2026-03-29
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 1.20B as of 2026-03-29
Other Comprehensive Income, Other, Net of Tax -16.00M 2026-01-01 → 2026-03-29
Unit pure · 1 concept
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.161 2026-01-01 → 2026-03-29
Unit segment · 2 concepts
Label Value Period
Number of Operating Segments 4 2026-01-01 → 2026-03-29
Number of Reportable Segments 4 2026-01-01 → 2026-03-29

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (LMT CIK 0000936468), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.