Lockheed Martin (LMT) Capital Expenditures (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Capital Expenditures of $318.0 million for Q2 2026, down 9.4% year-on-year from $351.0 million in Q2 2025, and down 37.77% on a QoQ basis from $511.0 million in Q1 2026.
Lockheed Martin (LMT) Capital Expenditures (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Capital Expenditures for 18 consecutive years, with $318.0 million the latest figure, recorded in Q2 2026.
- Quarterly Capital Expenditures fell 9.4% year-over-year to $318.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (down 3.96% YoY) and the FY2025 annual result came in at $1.6 billion, down 2.14% from the prior year.
- Capital Expenditures eased to $318.0 million in Q2 2026 per LMT's latest filing, from $511.0 million in the prior quarter.
- Over the last five years, Capital Expenditures for LMT reached as high as $704.0 million in Q4 2023 and fell as low as $268.0 million in Q1 2022.
- A 5-year average of $418.0 million and a median of $374.0 million in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2024 — Capital Expenditures increased 28.57% — and 2025, when it dropped 20.45%.
- Year by year, Capital Expenditures stood at $693.0 million in 2022, then gained by 1.59% to $704.0 million in 2023, then slipped by 17.33% to $582.0 million in 2024, then dropped by 20.45% to $463.0 million in 2025, then sank by 31.32% to $318.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $318.0 million, $511.0 million, and $463.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 335.00 Mn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 669.00 Mn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 5.00 Mn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 234.00 Mn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 302.00 Mn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 71.00 Mn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 99.00 Mn |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 18.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 318.00 Mn |
| Jun 28, 2026 | 318.00 Mn |
| Mar 29, 2026 | 511.00 Mn |
| Mar 29, 2026 | 511.00 Mn |
| Dec 31, 2025 | 463.00 Mn |
| Dec 31, 2025 | 463.00 Mn |
| Sep 28, 2025 | 381.00 Mn |
| Sep 28, 2025 | 381.00 Mn |
| Jun 29, 2025 | 351.00 Mn |
| Jun 29, 2025 | 351.00 Mn |
| Mar 30, 2025 | 454.00 Mn |
| Mar 30, 2025 | 454.00 Mn |
| Dec 31, 2024 | 582.00 Mn |
| Dec 31, 2024 | 582.00 Mn |
| Sep 29, 2024 | 355.00 Mn |
| Sep 29, 2024 | 355.00 Mn |
| Jun 30, 2024 | 370.00 Mn |
| Jun 30, 2024 | 370.00 Mn |
| Mar 31, 2024 | 378.00 Mn |
| Mar 31, 2024 | 378.00 Mn |