TickerFacts.

Company research / LMT

Lockheed Martin Corp (LMT)

Build a valuation ↗↓ Download CSV

SEC name LOCKHEED MARTIN CORP · CIK 0000936468 · NYSE · Guided Missiles & Space Vehicles & Parts

  • Sector Manufacturing
  • Incorporated MD
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Lockheed Martin Corp reported revenue of $75.05B. Revenue grew 5.6% from the prior annual period. Over the twelve months to 2026-09-27, revenue was $79.12B.

Key ratios (year ended 2025-12-31)

10.2%
Gross margin
10.3%
Operating margin
6.7%
Net margin
74.6%
Return on year-end equity
5.6%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 10-Q (quarterly report) · 2026-10-22

Headquarters locality: Bethesda · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-09-27 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-09-27		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$79.12B$75.05B$71.04B$67.57B$65.98B$67.04B$65.40B$59.81B$53.76B$49.96B$47.29B
Cost of Revenue$69.83B$67.43B$64.11B$59.09B$57.70B$57.98B$56.74B$51.45B$46.49B$43.59B$41.89B
Gross Profit$9.28B$7.62B$6.93B$8.48B$8.29B$9.06B$8.65B$8.37B$7.27B$6.37B$5.40B
R&D Expensen/a$2.00B$1.60B$1.50B$1.70B$1.50B$1.30B$1.30B$1.30B$1.20B$988.00M
Operating Income$9.32B$7.73B$7.01B$8.51B$8.35B$9.12B$8.64B$8.54B$7.33B$6.74B$5.89B
Depreciation & Amortization$1.69B$1.69B$1.56B$1.43B$1.40B$1.36B$1.02B$906.00M$1.16B$1.20B$1.17B
EBITDA$11.00B$9.42B$8.57B$9.94B$9.75B$10.49B$9.66B$9.45B$8.49B$7.94B$7.05B
Net Income$6.51B$5.02B$5.34B$6.92B$5.73B$6.32B$6.83B$6.23B$5.05B$1.96B$5.17B
EPS (Diluted)n/a$21.49$22.31$27.55$21.66$22.76$24.30$21.95$17.59$6.75$17.07
Total Assets$64.51B$59.84B$55.62B$52.46B$52.88B$50.87B$50.71B$47.53B$44.88B$46.62B$47.81B
Total Liabilities$54.45B$53.12B$49.28B$45.62B$43.61B$39.91B$44.67B$44.36B$43.43B$47.40B$46.20B
Long-Term Debtn/a$21.70B$20.27B$17.46B$15.55B$11.68B$12.17B$12.65B$14.10B$14.26B$14.28B
Shareholders' Equity$10.06B$6.72B$6.33B$6.83B$9.27B$10.96B$6.01B$3.13B$1.39B-$850.00M$1.51B
Cash & Equivalents$5.96B$4.12B$2.48B$1.44B$2.55B$3.60B$3.16B$1.51B$772.00M$2.86B$1.84B
Operating Cash Flow$10.11B$8.56B$6.97B$7.92B$7.80B$9.22B$8.18B$7.31B$3.14B$6.48B$5.19B
Capital Expenditures$1.73B$1.65B$1.69B$1.69B$1.67B$1.52B$1.77B$1.48B$1.28B$1.18B$1.06B
Free Cash Flow$8.38B$6.91B$5.29B$6.23B$6.13B$7.70B$6.42B$5.83B$1.86B$5.30B$4.13B
Share Repurchases$750.00M$3.00B$3.70B$6.00B$7.90B$4.09B$1.10B$1.20B$1.49B$2.00B$2.10B
Dividends Paid$3.21B$3.13B$3.06B$3.06B$3.02B$2.94B$2.76B$2.56B$2.35B$2.16B$2.05B
Shares Outstandingn/a229.00M234.00M240.00M254.00M271.00M279.00M280.00Mn/a284.00M289.00M
Dividends Per Sharen/a$13.35$12.75$12.15$11.40$10.60$9.80$9.00$8.20$7.46$6.77
Weighted Average Diluted Sharesn/a233.50M239.20M251.20M264.60M277.40M281.20M283.80M286.80M290.60M303.10M
EPS (Basic)n/a$21.56$22.39$27.65$21.74$22.85$24.40$22.09$17.74$6.82$17.28

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView