Lockheed Martin (LMT) Capital Expenditures (2009 - 2026)
Lockheed Martin (LMT) posted Capital Expenditures of $318.0 million for Q2 2026, down 37.77% on a QoQ basis from $511.0 million in Q1 2026, and down 9.4% year-over-year from $351.0 million in Q2 2025.
Analysis
Lockheed Martin (LMT) Capital Expenditures (2009 - 2026) Analysis & Trends
Lockheed Martin has reported Capital Expenditures for 18 years, with the latest figure at $318.0 million in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 9.4% year-over-year to $318.0 million in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 3.96% decrease from a year earlier, with the FY2025 full-year figure at $1.6 billion, down 2.14% from the prior year.
- Capital Expenditures was $318.0 million for Q2 2026 at Lockheed Martin, down from $511.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $704.0 million in Q4 2023, with the low at $268.0 million in Q1 2022.
- Average Capital Expenditures over 5 years is $418.0 million, with a median of $374.0 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures increased 28.57% in 2024, then dropped 20.45% in 2025.
- Over 5 years, Capital Expenditures stood at $693.0 million in 2022, then rose by 1.59% to $704.0 million in 2023, then decreased by 17.33% to $582.0 million in 2024, then slipped by 20.45% to $463.0 million in 2025, then plunged by 31.32% to $318.0 million in 2026.
- The last three Capital Expenditures figures came in at $318.0 million (Q2 2026), $511.0 million (Q1 2026), and $463.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 318.00 Mn |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 234.00 Mn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 55.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 302.00 Mn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 108.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 30.50 Mn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 29.45 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 32.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 46.78 Mn |
Historic Data
Download Data
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 |