Lockheed Martin LMT
NYSE LMT
$603.35 +15.16 (+2.58%)
As of: Nov 10, 2026 · 3:59 PM EST

Lockheed Martin (LMT) Capital Expenditures (2009 - 2026)

Updated

Lockheed Martin (LMT) posted Capital Expenditures of $439 million for Q3 2026, up 15.2% from $381 million a year earlier and up 38.1% from the prior quarter.

Analysis

Lockheed Martin (LMT) Capital Expenditures (2009 - 2026) Analysis & Trends

For the trailing twelve months through Sep 27, 2026, Capital Expenditures at Lockheed Martin was $1.73 billion, down 2.1% year-over-year; for FY2025, it was $1.65 billion, down 2.1% from FY2024.

  • Annual Capital Expenditures shows a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
  • In prior years, Lockheed Martin's Capital Expenditures was $1.69 billion in FY2024 (-0.4%), $1.69 billion in FY2023 (+1.3%), $1.67 billion in FY2022 (+9.7%) and $1.52 billion in FY2021 (-13.8%).
  • Quarterly Capital Expenditures has run from a low of $268 million in Q1 2022 to a high of $704 million in Q4 2023 over five years.
  • On a year-over-year basis, Capital Expenditures increased in four of the last eight quarters, with growth averaging 0.4%.
  • The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2024, with growth of 28.6%; the weakest was Q4 2025, with a decline of 20.4%.
  • According to Business Quant data, Capital Expenditures for the three prior quarters was $318 million (Q2 2026), $511 million (Q1 2026) and $463 million (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Space Exploration Technologies 1,722.87 Bn 1,722.87 Bn 9.10 Bn 19.59 Bn
2 General Electric 345.20 Bn 303.72 Bn 5.02 Bn 336.00 Mn
3 Rtx 269.97 Bn 238.24 Bn 5.81 Bn 749.00 Mn
4 Lockheed Martin 137.94 Bn 122.17 Bn 2.44 Bn 439.00 Mn
5 Boeing 136.62 Bn 45.58 Bn 2.17 Bn 1.03 Bn
6 General Dynamics 98.71 Bn 83.95 Bn 2.25 Bn 481.00 Mn
7 Howmet Aerospace 88.13 Bn 83.88 Bn 1.00 Bn 147.00 Mn
8 Motorola Solutions 86.35 Bn 82.81 Bn 1.77 Bn 73.00 Mn
9 Northrop Grumman 77.53 Bn 64.99 Bn 2.35 Bn 306.00 Mn
10 Honeywell International 72.26 Bn 31.77 Bn 2.02 Bn -169.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 27, 2026 439.00 Mn
Jun 28, 2026 318.00 Mn
Mar 29, 2026 511.00 Mn
Dec 31, 2025 463.00 Mn
Sep 28, 2025 381.00 Mn
Jun 29, 2025 351.00 Mn
Mar 30, 2025 454.00 Mn
Dec 31, 2024 582.00 Mn
Sep 29, 2024 355.00 Mn
Jun 30, 2024 370.00 Mn
Mar 31, 2024 378.00 Mn
Dec 31, 2023 704.00 Mn
Sep 24, 2023 364.00 Mn
Jun 25, 2023 329.00 Mn
Mar 26, 2023 294.00 Mn
Dec 31, 2022 693.00 Mn
Sep 25, 2022 405.00 Mn
Jun 26, 2022 304.00 Mn
Mar 27, 2022 268.00 Mn
Dec 31, 2021 607.00 Mn
API Access

Lockheed Martin Capital Expenditures API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LMT&period=max&api_key=YOUR_API_KEY