Lockheed Martin (LMT) Capital Expenditures (2009 - 2026)
Lockheed Martin (LMT) posted Capital Expenditures of $318 million for Q2 2026, down 9.4% from $351 million a year earlier and down 37.8% from the prior quarter.
Lockheed Martin (LMT) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Capital Expenditures at Lockheed Martin was $1.67 billion, down 4.0% 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%).
- The Q2 2026 figure stands as the lowest quarterly Capital Expenditures since Q1 2023.
- On a year-over-year basis, Capital Expenditures increased in three of the last eight quarters, with an average decline of 1.9%.
- 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 Q3 2021, with a decline of 22.5%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $511 million (Q1 2026), $463 million (Q4 2025) and $381 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 335.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 669.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 104.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 234.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 55.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 302.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 315.00 Mn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 74.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 26, 2021 | 316.00 Mn |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();