Lockheed Martin (LMT) Financials & Stock Analysis

Lockheed Martin

NYSE: LMT · USD

Revenue

USD millions

$20,063M

Lockheed Martin Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2009 Q2	$11,236M; Change unavailable vs FY 2009 Q1
FY 2009 Q3	$11,056M; −1.6% vs FY 2009 Q2
FY 2009 Q4	$12,524M; +13.3% vs FY 2009 Q3
FY 2010 Q1	$10,637M; −15.1% vs FY 2009 Q4
FY 2010 Q2	$11,442M; +7.6% vs FY 2010 Q1
FY 2010 Q3	$11,375M; −0.6% vs FY 2010 Q2
FY 2010 Q4	$12,761M; +12.2% vs FY 2010 Q3
FY 2011 Q1	$10,633M; −16.7% vs FY 2010 Q4
FY 2011 Q2	$11,551M; +8.6% vs FY 2011 Q1
FY 2011 Q3	$12,119M; +4.9% vs FY 2011 Q2
FY 2011 Q4	$12,211M; +0.8% vs FY 2011 Q3
FY 2012 Q1	$11,293M; −7.5% vs FY 2011 Q4
FY 2012 Q2	$11,921M; +5.6% vs FY 2012 Q1
FY 2012 Q3	$11,869M; −0.4% vs FY 2012 Q2
FY 2012 Q4	$12,099M; +1.9% vs FY 2012 Q3
FY 2013 Q1	$11,070M; −8.5% vs FY 2012 Q4
FY 2013 Q2	$11,408M; +3.1% vs FY 2013 Q1
FY 2013 Q3	$11,347M; −0.5% vs FY 2013 Q2
FY 2013 Q4	$11,533M; +1.6% vs FY 2013 Q3
FY 2014 Q1	$10,650M; −7.7% vs FY 2013 Q4
FY 2014 Q2	$11,306M; +6.2% vs FY 2014 Q1
FY 2014 Q3	$11,114M; −1.7% vs FY 2014 Q2
FY 2014 Q4	$12,530M; +12.7% vs FY 2014 Q3
FY 2015 Q1	$10,111M; −19.3% vs FY 2014 Q4
FY 2015 Q2	$11,643M; +15.2% vs FY 2015 Q1
FY 2015 Q3	$11,461M; −1.6% vs FY 2015 Q2
FY 2015 Q4	$12,917M; +12.7% vs FY 2015 Q3
FY 2016 Q1	$11,702M; −9.4% vs FY 2015 Q4
FY 2016 Q2	$12,914M; +10.4% vs FY 2016 Q1
FY 2016 Q3	$11,551M; −10.6% vs FY 2016 Q2
FY 2016 Q4	$13,752M; +19.1% vs FY 2016 Q3
FY 2017 Q1	$11,057M; −19.6% vs FY 2016 Q4
FY 2017 Q2	$12,685M; +14.7% vs FY 2017 Q1
FY 2017 Q3	$12,169M; −4.1% vs FY 2017 Q2
FY 2017 Q4	$15,137M; +24.4% vs FY 2017 Q3
FY 2018 Q1	$11,635M; −23.1% vs FY 2017 Q4
FY 2018 Q2	$13,398M; +15.2% vs FY 2018 Q1
FY 2018 Q3	$14,318M; +6.9% vs FY 2018 Q2
FY 2018 Q4	$14,411M; +0.6% vs FY 2018 Q3
FY 2019 Q1	$14,336M; −0.5% vs FY 2018 Q4
FY 2019 Q2	$14,427M; +0.6% vs FY 2019 Q1
FY 2019 Q3	$15,171M; +5.2% vs FY 2019 Q2
FY 2019 Q4	$15,878M; +4.7% vs FY 2019 Q3
FY 2020 Q1	$15,651M; −1.4% vs FY 2019 Q4
FY 2020 Q2	$16,220M; +3.6% vs FY 2020 Q1
FY 2020 Q3	$16,495M; +1.7% vs FY 2020 Q2
FY 2020 Q4	$17,032M; +3.3% vs FY 2020 Q3
FY 2021 Q1	$16,258M; −4.5% vs FY 2020 Q4
FY 2021 Q2	$17,029M; +4.7% vs FY 2021 Q1
FY 2021 Q3	$16,028M; −5.9% vs FY 2021 Q2
FY 2021 Q4	$17,729M; +10.6% vs FY 2021 Q3
FY 2022 Q1	$14,964M; −15.6% vs FY 2021 Q4
FY 2022 Q2	$15,446M; +3.2% vs FY 2022 Q1
FY 2022 Q3	$16,583M; +7.4% vs FY 2022 Q2
FY 2022 Q4	$18,991M; +14.5% vs FY 2022 Q3
FY 2023 Q1	$15,126M; −20.4% vs FY 2022 Q4
FY 2023 Q2	$16,693M; +10.4% vs FY 2023 Q1
FY 2023 Q3	$16,878M; +1.1% vs FY 2023 Q2
FY 2023 Q4	$18,874M; +11.8% vs FY 2023 Q3
FY 2024 Q1	$17,195M; −8.9% vs FY 2023 Q4
FY 2024 Q2	$18,122M; +5.4% vs FY 2024 Q1
FY 2024 Q3	$17,104M; −5.6% vs FY 2024 Q2
FY 2024 Q4	$18,622M; +8.9% vs FY 2024 Q3
FY 2025 Q1	$17,963M; −3.5% vs FY 2024 Q4
FY 2025 Q2	$18,155M; +1.1% vs FY 2025 Q1
FY 2025 Q3	$18,609M; +2.5% vs FY 2025 Q2
FY 2025 Q4	$20,321M; +9.2% vs FY 2025 Q3
FY 2026 Q1	$18,021M; −11.3% vs FY 2025 Q4
FY 2026 Q2	$20,063M; +11.3% vs FY 2026 Q1

Free cash flow

USD millions

$2,917M

Lockheed Martin Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2009 Q2	$969M; Change unavailable vs FY 2009 Q1
FY 2009 Q3	$1,242M; +28.2% vs FY 2009 Q2
FY 2009 Q4	$-976M; −178.6% vs FY 2009 Q3
FY 2010 Q1	$1,557M; +259.5% vs FY 2009 Q4
FY 2010 Q2	$1,094M; −29.7% vs FY 2010 Q1
FY 2010 Q3	$342M; −68.7% vs FY 2010 Q2
FY 2010 Q4	$-266M; −177.8% vs FY 2010 Q3
FY 2011 Q1	$1,589M; +697.4% vs FY 2010 Q4
FY 2011 Q2	$696M; −56.2% vs FY 2011 Q1
FY 2011 Q3	$310M; −55.5% vs FY 2011 Q2
FY 2011 Q4	$844M; +172.3% vs FY 2011 Q3
FY 2012 Q1	$327M; −61.3% vs FY 2011 Q4
FY 2012 Q2	$670M; +104.9% vs FY 2012 Q1
FY 2012 Q3	$1,365M; +103.7% vs FY 2012 Q2
FY 2012 Q4	$-1,743M; −227.7% vs FY 2012 Q3
FY 2013 Q1	$1,979M; +213.5% vs FY 2012 Q4
FY 2013 Q2	$447M; −77.4% vs FY 2013 Q1
FY 2013 Q3	$691M; +54.6% vs FY 2013 Q2
FY 2013 Q4	$593M; −14.2% vs FY 2013 Q3
FY 2014 Q1	$1,997M; +236.8% vs FY 2013 Q4
FY 2014 Q2	$827M; −58.6% vs FY 2014 Q1
FY 2014 Q3	$787M; −4.8% vs FY 2014 Q2
FY 2014 Q4	$-590M; −175.0% vs FY 2014 Q3
FY 2015 Q1	$839M; +242.2% vs FY 2014 Q4
FY 2015 Q2	$1,072M; +27.8% vs FY 2015 Q1
FY 2015 Q3	$1,326M; +23.7% vs FY 2015 Q2
FY 2015 Q4	$925M; −30.2% vs FY 2015 Q3
FY 2016 Q1	$1,412M; +52.6% vs FY 2015 Q4
FY 2016 Q2	$1,342M; −5.0% vs FY 2016 Q1
FY 2016 Q3	$1,079M; −19.6% vs FY 2016 Q2
FY 2016 Q4	$293M; −72.8% vs FY 2016 Q3
FY 2017 Q1	$1,496M; +410.6% vs FY 2016 Q4
FY 2017 Q2	$1,266M; −15.4% vs FY 2017 Q1
FY 2017 Q3	$1,532M; +21.0% vs FY 2017 Q2
FY 2017 Q4	$1,005M; −34.4% vs FY 2017 Q3
FY 2018 Q1	$416M; −58.6% vs FY 2017 Q4
FY 2018 Q2	$-336M; −180.8% vs FY 2018 Q1
FY 2018 Q3	$22M; +106.5% vs FY 2018 Q2
FY 2018 Q4	$1,758M; +7890.9% vs FY 2018 Q3
FY 2019 Q1	$1,379M; −21.6% vs FY 2018 Q4
FY 2019 Q2	$1,419M; +2.9% vs FY 2019 Q1
FY 2019 Q3	$2,182M; +53.8% vs FY 2019 Q2
FY 2019 Q4	$847M; −61.2% vs FY 2019 Q3
FY 2020 Q1	$2,021M; +138.6% vs FY 2019 Q4
FY 2020 Q2	$1,839M; −9.0% vs FY 2020 Q1
FY 2020 Q3	$1,472M; −20.0% vs FY 2020 Q2
FY 2020 Q4	$1,085M; −26.3% vs FY 2020 Q3
FY 2021 Q1	$1,467M; +35.2% vs FY 2020 Q4
FY 2021 Q2	$950M; −35.2% vs FY 2021 Q1
FY 2021 Q3	$1,621M; +70.6% vs FY 2021 Q2
FY 2021 Q4	$3,661M; +125.8% vs FY 2021 Q3
FY 2022 Q1	$1,142M; −68.8% vs FY 2021 Q4
FY 2022 Q2	$1,027M; −10.1% vs FY 2022 Q1
FY 2022 Q3	$2,728M; +165.6% vs FY 2022 Q2
FY 2022 Q4	$1,235M; −54.7% vs FY 2022 Q3
FY 2023 Q1	$1,270M; +2.8% vs FY 2022 Q4
FY 2023 Q2	$771M; −39.3% vs FY 2023 Q1
FY 2023 Q3	$2,527M; +227.8% vs FY 2023 Q2
FY 2023 Q4	$1,661M; −34.3% vs FY 2023 Q3
FY 2024 Q1	$1,257M; −24.3% vs FY 2023 Q4
FY 2024 Q2	$1,506M; +19.8% vs FY 2024 Q1
FY 2024 Q3	$2,083M; +38.3% vs FY 2024 Q2
FY 2024 Q4	$441M; −78.8% vs FY 2024 Q3
FY 2025 Q1	$955M; +116.6% vs FY 2024 Q4
FY 2025 Q2	$-150M; −115.7% vs FY 2025 Q1
FY 2025 Q3	$3,347M; +2331.3% vs FY 2025 Q2
FY 2025 Q4	$2,756M; −17.7% vs FY 2025 Q3
FY 2026 Q1	$-291M; −110.6% vs FY 2025 Q4
FY 2026 Q2	$2,917M; +1102.4% vs FY 2026 Q1

Net margin

9.15%

Lockheed Martin Net margin. Reported fiscal history.
Fiscal period	%
FY 2009 Q2	6.53%
FY 2009 Q3	7.21%
FY 2009 Q4	6.6%
FY 2010 Q1	5.14%
FY 2010 Q2	7.21%
FY 2010 Q3	5.02%
FY 2010 Q4	7.53%
FY 2011 Q1	4.98%
FY 2011 Q2	6.42%
FY 2011 Q3	5.78%
FY 2011 Q4	5.59%
FY 2012 Q1	5.92%
FY 2012 Q2	6.55%
FY 2012 Q3	6.13%
FY 2012 Q4	4.7%
FY 2013 Q1	6.87%
FY 2013 Q2	7.53%
FY 2013 Q3	7.69%
FY 2013 Q4	4.23%
FY 2014 Q1	8.76%
FY 2014 Q2	7.86%
FY 2014 Q3	7.99%
FY 2014 Q4	7.21%
FY 2015 Q1	8.68%
FY 2015 Q2	7.98%
FY 2015 Q3	7.55%
FY 2015 Q4	7.22%
FY 2016 Q1	6.79%
FY 2016 Q2	7.91%
FY 2016 Q3	20.73%
FY 2016 Q4	7.18%
FY 2017 Q1	6.9%
FY 2017 Q2	7.43%
FY 2017 Q3	7.72%
FY 2017 Q4	-4.24%
FY 2018 Q1	9.94%
FY 2018 Q2	8.68%
FY 2018 Q3	10.29%
FY 2018 Q4	8.69%
FY 2019 Q1	11.89%
FY 2019 Q2	9.84%
FY 2019 Q3	10.6%
FY 2019 Q4	9.43%
FY 2020 Q1	10.97%
FY 2020 Q2	10.02%
FY 2020 Q3	10.29%
FY 2020 Q4	10.52%
FY 2021 Q1	11.3%
FY 2021 Q2	10.66%
FY 2021 Q3	3.83%
FY 2021 Q4	11.56%
FY 2022 Q1	11.58%
FY 2022 Q2	2%
FY 2022 Q3	10.72%
FY 2022 Q4	10.07%
FY 2023 Q1	11.17%
FY 2023 Q2	10.07%
FY 2023 Q3	9.98%
FY 2023 Q4	9.89%
FY 2024 Q1	8.99%
FY 2024 Q2	9.06%
FY 2024 Q3	9.49%
FY 2024 Q4	2.83%
FY 2025 Q1	9.53%
FY 2025 Q2	1.88%
FY 2025 Q3	8.7%
FY 2025 Q4	6.61%
FY 2026 Q1	8.26%
FY 2026 Q2	9.15%

P/E

× · TTM · Daily

19.1×

Lockheed Martin P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2012-02-29	11.61×	2010-09-26
2012-03-30	11.81×	2010-09-26
2012-04-30	11.89×	2010-09-26
2012-05-31	10.88×	2010-09-26
2012-06-29	11.44×	2010-09-26
2012-07-31	11.73×	2010-09-26
2012-08-31	11.97×	2010-09-26
2012-09-28	12.27×	2010-09-26
2012-10-31	12.31×	2010-09-26
2012-11-30	12.26×	2010-09-26
2012-12-31	12.12×	2010-09-26
2013-01-31	11.41×	2010-09-26
2013-02-28	11.56×	2010-09-26
2013-03-28	11.53×	2012-12-31
2013-04-30	11.39×	2013-03-31
2013-05-31	12.17×	2013-03-31
2013-06-28	12.47×	2013-03-31
2013-07-31	13.42×	2013-06-30
2013-08-30	13.68×	2013-06-30
2013-09-30	14.26×	2013-06-30
2013-10-31	14.26×	2013-09-29
2013-11-29	15.15×	2013-09-29
2013-12-31	15.9×	2013-09-29
2014-01-31	16.14×	2013-09-29
2014-02-28	17.36×	2013-09-29
2014-03-31	17.46×	2013-09-29
2014-04-30	17.56×	2013-09-29
2014-05-30	17.5×	2013-09-29
2014-06-30	17.19×	2013-09-29
2014-07-31	17.86×	2013-09-29
2014-08-29	18.61×	2013-09-29
2014-09-30	19.55×	2013-09-29
2014-10-31	20.38×	2013-09-29
2014-11-28	20.49×	2013-09-29
2014-12-31	20.6×	2013-09-29
2015-01-30	20.15×	2013-09-29
2015-02-27	21.4×	2013-09-29
2015-03-31	21.71×	2013-09-29
2015-04-30	19.96×	2013-09-29
2015-05-29	20.13×	2013-09-29
2015-06-30	19.88×	2013-09-29
2015-07-31	22.15×	2013-09-29
2015-08-31	21.52×	2013-09-29
2015-09-30	22.17×	2013-09-29
2015-10-30	23.51×	2013-09-29
2015-11-30	23.44×	2013-09-29
2015-12-31	23.23×	2013-09-29
2016-01-29	22.57×	2013-09-29
2016-02-29	18.57×	2015-12-31
2016-03-31	19.06×	2015-12-31
2016-04-29	19.99×	2015-12-31
2016-05-31	20.32×	2015-12-31
2016-06-30	21.35×	2015-12-31
2016-07-29	21.74×	2015-12-31
2016-08-31	20.9×	2015-12-31
2016-09-30	20.62×	2015-12-31
2016-10-31	14.47×	2016-09-25
2016-11-30	15.58×	2016-09-25
2016-12-30	14.68×	2016-09-25
2017-01-31	14.76×	2016-09-25
2017-02-28	15.66×	2016-09-25
2017-03-31	15.72×	2016-09-25
2017-04-28	15.27×	2017-03-26
2017-05-31	15.93×	2017-03-26
2017-06-30	15.73×	2017-03-26
2017-07-31	16.72×	2017-06-25
2017-08-31	17.48×	2017-06-25
2017-09-29	17.76×	2017-06-25
2017-10-31	24.61×	2017-09-24
2017-11-30	25.48×	2017-09-24
2017-12-29	25.63×	2017-09-24
2018-01-31	28.33×	2017-09-24
2018-02-28	50.82×	2017-12-31
2018-03-29	48.73×	2017-12-31
2018-04-30	38.55×	2018-03-25
2018-05-31	37.79×	2018-03-25
2018-06-29	35.5×	2018-03-25
2018-07-31	35.78×	2018-06-24
2018-08-31	35.15×	2018-06-24
2018-09-28	37.95×	2018-06-24
2018-10-31	26.74×	2018-09-30
2018-11-30	27.34×	2018-09-30
2018-12-31	23.82×	2018-09-30
2019-01-31	26.36×	2018-09-30
2019-02-28	17.51×	2018-12-31
2019-03-29	16.99×	2018-12-31
2019-04-30	16.94×	2019-03-31
2019-05-31	17.21×	2019-03-31
2019-06-28	18.48×	2019-03-31
2019-07-31	17.58×	2019-06-30
2019-08-30	18.64×	2019-06-30
2019-09-30	18.93×	2019-06-30
2019-10-31	17.87×	2019-09-29
2019-11-29	18.55×	2019-09-29
2019-12-31	18.47×	2019-09-29
2020-01-31	20.31×	2019-09-29
2020-02-28	16.81×	2019-12-31
2020-03-31	15.41×	2019-12-31
2020-04-30	17.61×	2020-03-29
2020-05-29	17.58×	2020-03-29
2020-06-30	16.52×	2020-03-29
2020-07-31	16.5×	2020-06-28
2020-08-31	16.99×	2020-06-28
2020-09-30	16.69×	2020-06-28
2020-10-30	15.02×	2020-09-27
2020-11-30	15.66×	2020-09-27
2020-12-31	15.23×	2020-09-27
2021-01-29	13.23×	2020-12-31
2021-02-26	13.58×	2020-12-31
2021-03-31	15.19×	2020-12-31
2021-04-30	15.33×	2021-03-28
2021-05-28	15.39×	2021-03-28
2021-06-30	15.24×	2021-03-28
2021-07-30	14.49×	2021-06-27
2021-08-31	14.03×	2021-06-27
2021-09-30	13.45×	2021-06-27
2021-10-29	15.21×	2021-09-26
2021-11-30	15.26×	2021-09-26
2021-12-31	16.27×	2021-09-26
2022-01-31	16.9×	2021-12-31
2022-02-28	18.84×	2021-12-31
2022-03-31	19.17×	2021-12-31
2022-04-29	18.73×	2022-03-27
2022-05-31	19.08×	2022-03-27
2022-06-30	18.64×	2022-03-27
2022-07-29	23.46×	2022-06-26
2022-08-31	23.81×	2022-06-26
2022-09-30	21.9×	2022-06-26
2022-10-31	21.98×	2022-09-25
2022-11-30	21.92×	2022-09-25
2022-12-30	21.97×	2022-09-25
2023-01-31	20.87×	2022-12-31
2023-02-28	21.37×	2022-12-31
2023-03-31	21.3×	2022-12-31
2023-04-28	20.88×	2023-03-26
2023-05-31	19.96×	2023-03-26
2023-06-30	20.7×	2023-03-26
2023-07-31	16.03×	2023-06-25
2023-08-31	16.11×	2023-06-25
2023-09-29	14.69×	2023-06-25
2023-10-31	16.33×	2023-09-24
2023-11-30	16.08×	2023-09-24
2023-12-29	16.28×	2023-09-24
2024-01-31	15.42×	2023-09-24
2024-02-29	15.38×	2023-09-24
2024-03-28	16.34×	2023-09-24
2024-04-30	16.7×	2023-09-24
2024-05-31	16.89×	2023-09-24
2024-06-28	16.78×	2023-09-24
2024-07-31	19.46×	2023-09-24
2024-08-30	20.4×	2023-09-24
2024-09-30	21×	2023-09-24
2024-10-31	19.61×	2023-09-24
2024-11-29	19.01×	2023-09-24
2024-12-31	17.45×	2023-09-24
2025-01-31	16.63×	2023-09-24
2025-02-28	16.18×	2023-09-24
2025-03-31	16.04×	2023-09-24
2025-04-30	17.16×	2023-09-24
2025-05-30	17.33×	2023-09-24
2025-06-30	16.63×	2023-09-24
2025-07-31	15.12×	2023-09-24
2025-08-29	16.37×	2023-09-24
2025-09-30	17.93×	2023-09-24
2025-10-31	17.67×	2023-09-24
2025-11-28	16.45×	2023-09-24
2025-12-31	17.37×	2023-09-24
2026-01-30	29.3×	2025-12-31
2026-02-27	30.4×	2025-12-31
2026-03-31	27.92×	2025-12-31
2026-04-30	23.93×	2025-12-31
2026-05-29	24.51×	2025-12-31
2026-06-30	23.54×	2025-12-31
2026-07-31	21.42×	2026-06-28
2026-08-31	20.63×	2026-06-28
2026-09-25	19.1×	2026-06-28

ROIC

% · Annual / TTM

30.29%

Lockheed Martin ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2009 Q2	—
FY 2009 Q3	—
FY 2009 Q4	—
FY 2010 Q1	—
FY 2010 Q2	—
FY 2010 Q3	—
FY 2010 Q4	42.49%
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	56.3%
FY 2012 Q1	—
FY 2012 Q2	—
FY 2012 Q3	—
FY 2012 Q4	71.44%
FY 2013 Q1	—
FY 2013 Q2	—
FY 2013 Q3	—
FY 2013 Q4	49.58%
FY 2014 Q1	—
FY 2014 Q2	—
FY 2014 Q3	—
FY 2014 Q4	46.45%
FY 2015 Q1	—
FY 2015 Q2	—
FY 2015 Q3	—
FY 2015 Q4	30.76%
FY 2016 Q1	—
FY 2016 Q2	32.48%
FY 2016 Q3	—
FY 2016 Q4	27.22%
FY 2017 Q1	—
FY 2017 Q2	—
FY 2017 Q3	—
FY 2017 Q4	17.45%
FY 2018 Q1	—
FY 2018 Q2	—
FY 2018 Q3	—
FY 2018 Q4	49.57%
FY 2019 Q1	50.58%
FY 2019 Q2	49.26%
FY 2019 Q3	48.1%
FY 2019 Q4	50.54%
FY 2020 Q1	48.21%
FY 2020 Q2	49.71%
FY 2020 Q3	49.03%
FY 2020 Q4	49.25%
FY 2021 Q1	48.72%
FY 2021 Q2	49.74%
FY 2021 Q3	45.86%
FY 2021 Q4	44.78%
FY 2022 Q1	42.17%
FY 2022 Q2	—
FY 2022 Q3	—
FY 2022 Q4	34.69%
FY 2023 Q1	34.15%
FY 2023 Q2	—
FY 2023 Q3	—
FY 2023 Q4	32.22%
FY 2024 Q1	31.48%
FY 2024 Q2	31.62%
FY 2024 Q3	31.52%
FY 2024 Q4	25.62%
FY 2025 Q1	26.02%
FY 2025 Q2	21.08%
FY 2025 Q3	21.61%
FY 2025 Q4	27.05%
FY 2026 Q1	24.42%
FY 2026 Q2	30.29%

Capital allocation

% of tracked cash uses

$1,282M

Lockheed Martin capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2009 Q2	19.44% · $167M	Unavailable	54.71% · $470M	25.84% · $222M	Unavailable	100% · $859M
FY 2009 Q3	22.92% · $182M	Unavailable	49.5% · $393M	27.58% · $219M	0% · $0M	100% · $794M
FY 2009 Q4	27.65% · $371M	Unavailable	36.44% · $489M	17.88% · $240M	18.03% · $242M	100% · $1,342M
FY 2010 Q1	10.87% · $92M	Unavailable	60.99% · $516M	28.13% · $238M	Unavailable	100% · $846M
FY 2010 Q2	11.96% · $131M	Unavailable	66.76% · $731M	21.28% · $233M	Unavailable	100% · $1,095M
FY 2010 Q3	23.78% · $171M	Unavailable	44.37% · $319M	31.85% · $229M	Unavailable	100% · $719M
FY 2010 Q4	27.5% · $426M	Unavailable	55.13% · $854M	17.37% · $269M	Unavailable	100% · $1,549M
FY 2011 Q1	14.07% · $95M	Unavailable	46.52% · $314M	39.41% · $266M	Unavailable	100% · $675M
FY 2011 Q2	10.47% · $147M	Unavailable	71.15% · $999M	18.38% · $258M	Unavailable	100% · $1,404M
FY 2011 Q3	13.85% · $201M	Unavailable	69.19% · $1,004M	16.95% · $246M	Unavailable	100% · $1,451M
FY 2011 Q4	43.96% · $371M	Unavailable	17.54% · $148M	38.51% · $325M	Unavailable	100% · $844M
FY 2012 Q1	18.71% · $131M	Unavailable	34.57% · $242M	46.71% · $327M	Unavailable	100% · $700M
FY 2012 Q2	25.66% · $175M	Unavailable	26.54% · $181M	47.8% · $326M	Unavailable	100% · $682M
FY 2012 Q3	25.4% · $208M	Unavailable	34.8% · $285M	39.8% · $326M	Unavailable	100% · $819M
FY 2012 Q4	39.52% · $428M	Unavailable	26.04% · $282M	34.44% · $373M	Unavailable	100% · $1,083M
FY 2013 Q1	11.3% · $106M	Unavailable	49.15% · $461M	39.55% · $371M	Unavailable	100% · $938M
FY 2013 Q2	17.39% · $176M	Unavailable	45.95% · $465M	36.66% · $371M	Unavailable	100% · $1,012M
FY 2013 Q3	17.62% · $209M	Unavailable	51.18% · $607M	31.2% · $370M	0% · $0M	100% · $1,186M
FY 2013 Q4	34.43% · $345M	Unavailable	22.85% · $229M	42.71% · $428M	0% · $0M	100% · $1,002M
FY 2014 Q1	6.23% · $103M	Unavailable	66.91% · $1,106M	26.86% · $444M	Unavailable	100% · $1,653M
FY 2014 Q2	21.58% · $150M	Unavailable	17.84% · $124M	60.58% · $421M	Unavailable	100% · $695M
FY 2014 Q3	18.97% · $203M	Unavailable	41.68% · $446M	39.35% · $421M	Unavailable	100% · $1,070M
FY 2014 Q4	35.79% · $389M	Unavailable	20.61% · $224M	43.61% · $474M	Unavailable	100% · $1,087M
FY 2015 Q1	9.67% · $118M	Unavailable	49.51% · $604M	40.82% · $498M	Unavailable	100% · $1,220M
FY 2015 Q2	11.97% · $191M	Unavailable	58.75% · $937M	29.28% · $467M	Unavailable	100% · $1,595M
FY 2015 Q3	12.94% · $191M	Unavailable	55.76% · $823M	31.3% · $462M	Unavailable	100% · $1,476M
FY 2015 Q4	26.59% · $439M	Unavailable	42.82% · $707M	30.59% · $505M	Unavailable	100% · $1,651M
FY 2016 Q1	12.74% · $151M	Unavailable	42.28% · $501M	44.98% · $533M	Unavailable	100% · $1,185M
FY 2016 Q2	19% · $235M	Unavailable	40.5% · $501M	40.5% · $501M	Unavailable	100% · $1,237M
FY 2016 Q3	16.03% · $241M	Unavailable	18.5% · $278M	32.2% · $484M	33.27% · $500M	100% · $1,503M
FY 2016 Q4	24.47% · $436M	Unavailable	45.79% · $816M	29.74% · $530M	0% · $0M	100% · $1,782M
FY 2017 Q1	14% · $170M	Unavailable	41.19% · $500M	44.81% · $544M	Unavailable	100% · $1,214M
FY 2017 Q2	21.34% · $278M	Unavailable	38.37% · $500M	40.29% · $525M	Unavailable	100% · $1,303M
FY 2017 Q3	17.85% · $222M	Unavailable	40.19% · $500M	41.96% · $522M	Unavailable	100% · $1,244M
FY 2017 Q4	32.09% · $507M	Unavailable	31.71% · $501M	36.2% · $572M	0% · $0M	100% · $1,580M
FY 2018 Q1	19.6% · $216M	Unavailable	27.22% · $300M	53.18% · $586M	Unavailable	100% · $1,102M
FY 2018 Q2	23.08% · $264M	Unavailable	27.1% · $310M	49.83% · $570M	Unavailable	100% · $1,144M
FY 2018 Q3	30.16% · $339M	Unavailable	19.22% · $216M	50.62% · $569M	Unavailable	100% · $1,124M
FY 2018 Q4	26.27% · $459M	Unavailable	38.12% · $666M	35.6% · $622M	Unavailable	100% · $1,747M
FY 2019 Q1	23.61% · $284M	Unavailable	23.36% · $281M	53.03% · $638M	Unavailable	100% · $1,203M
FY 2019 Q2	22.84% · $249M	Unavailable	20.09% · $219M	57.06% · $622M	Unavailable	100% · $1,090M
FY 2019 Q3	27.04% · $308M	Unavailable	18.44% · $210M	54.52% · $621M	0% · $0M	100% · $1,139M
FY 2019 Q4	23.74% · $643M	Unavailable	18.09% · $490M	24.93% · $675M	33.23% · $900M	100% · $2,708M
FY 2020 Q1	16.82% · $293M	Unavailable	43.4% · $756M	39.78% · $693M	Unavailable	100% · $1,742M
FY 2020 Q2	26.94% · $343M	Unavailable	20.35% · $259M	52.71% · $671M	Unavailable	100% · $1,273M
FY 2020 Q3	35.02% · $408M	Unavailable	7.3% · $85M	57.68% · $672M	0% · $0M	100% · $1,165M
FY 2020 Q4	37.03% · $722M	Unavailable	0% · $0M	37.33% · $728M	25.64% · $500M	100% · $1,950M
FY 2021 Q1	13.91% · $281M	Unavailable	49.5% · $1,000M	36.58% · $739M	Unavailable	100% · $2,020M
FY 2021 Q2	20.66% · $318M	Unavailable	32.49% · $500M	46.85% · $721M	Unavailable	100% · $1,539M
FY 2021 Q3	15.54% · $316M	Unavailable	24.58% · $500M	35.3% · $718M	24.58% · $500M	100% · $2,034M
FY 2021 Q4	17.56% · $607M	Unavailable	60.39% · $2,087M	22.05% · $762M	0% · $0M	100% · $3,456M
FY 2022 Q1	8.83% · $268M	Unavailable	65.9% · $2,000M	25.27% · $767M	Unavailable	100% · $3,035M
FY 2022 Q2	21.65% · $304M	Unavailable	25.36% · $356M	52.99% · $744M	Unavailable	100% · $1,404M
FY 2022 Q3	16.32% · $405M	Unavailable	53.91% · $1,338M	29.77% · $739M	0% · $0M	100% · $2,482M
FY 2022 Q4	12.23% · $693M	Unavailable	74.25% · $4,206M	13.52% · $766M	0% · $0M	100% · $5,665M
FY 2023 Q1	18.63% · $294M	Unavailable	31.69% · $500M	49.68% · $784M	Unavailable	100% · $1,578M
FY 2023 Q2	17.91% · $329M	Unavailable	40.83% · $750M	41.26% · $758M	Unavailable	100% · $1,837M
FY 2023 Q3	12.23% · $364M	Unavailable	58.8% · $1,750M	25.1% · $747M	3.86% · $115M	100% · $2,976M
FY 2023 Q4	15.75% · $704M	Unavailable	67.1% · $3,000M	17.15% · $767M	0% · $0M	100% · $4,471M
FY 2024 Q1	17.52% · $378M	Unavailable	46.34% · $1,000M	36.14% · $780M	Unavailable	100% · $2,158M
FY 2024 Q2	18.76% · $370M	Unavailable	43.1% · $850M	38.13% · $752M	Unavailable	100% · $1,972M
FY 2024 Q3	18.17% · $355M	Unavailable	43.5% · $850M	38.33% · $749M	0% · $0M	100% · $1,954M
FY 2024 Q4	24.66% · $582M	Unavailable	42.37% · $1,000M	32.97% · $778M	0% · $0M	100% · $2,360M
FY 2025 Q1	22.7% · $454M	Unavailable	37.5% · $750M	39.8% · $796M	0% · $0M	100% · $2,000M
FY 2025 Q2	19.9% · $351M	Unavailable	28.34% · $500M	43.71% · $771M	8.05% · $142M	100% · $1,764M
FY 2025 Q3	17.75% · $381M	Unavailable	46.6% · $1,000M	35.65% · $765M	0% · $0M	100% · $2,146M
FY 2025 Q4	18.43% · $463M	Unavailable	29.86% · $750M	31.81% · $799M	19.9% · $500M	100% · $2,512M
FY 2026 Q1	21.96% · $511M	Unavailable	0% · $0M	35.07% · $816M	42.97% · $1,000M	100% · $2,327M
FY 2026 Q2	24.8% · $318M	Unavailable	0% · $0M	62.09% · $796M	13.1% · $168M	100% · $1,282M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Lockheed Martin.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Lockheed Martin financials