Lockheed Martin (LMT) Capital Expenditures (2009 - 2025)

Lockheed Martin (LMT) recorded annual Capital Expenditures of $1.6 billion in FY2025, down 2.14% year-over-year from $1.7 billion in FY2024.

Lockheed Martin (LMT) Capital Expenditures (2009 - 2025) Analysis & Trends

Lockheed Martin's Capital Expenditures history runs 17 years deep, the most recent figure standing at $1.6 billion for FY2025.

  • In Q1 2026, Capital Expenditures rose 12.56% year-over-year to $511.0 million; the TTM figure through Mar 2026 stood at $1.7 billion (down 3.12% YoY), while the FY2025 annual figure was $1.6 billion, down 2.14% from the prior year.
  • Capital Expenditures was $1.6 billion for FY2025 at Lockheed Martin, down from $1.7 billion in the prior year.
  • In the past five years, Capital Expenditures ranged from a high of $1.7 billion in FY2023 to a low of $1.5 billion in FY2021.
  • Historically, Capital Expenditures has averaged $1.6 billion across 5 years, with a median of $1.7 billion in 2022.
  • The sharpest annual moves came in 2021 and 2022: Capital Expenditures decreased 13.82% in 2021, then climbed 9.72% in 2022.
  • A 5-year view of Capital Expenditures shows it stood at $1.5 billion in 2021, then rose by 9.72% to $1.7 billion in 2022, then rose by 1.26% to $1.7 billion in 2023, then retreated by 0.35% to $1.7 billion in 2024, then slipped by 2.14% to $1.6 billion in 2025.
  • The last three Capital Expenditures figures came in at $1.6 billion (FY2025), $1.7 billion (FY2024), and $1.7 billion (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Yr)
1 DEFSEC Technologies 5,509.76 Bn 5,509.76 Bn 456,459.43 -
2 General Electric 373.05 Bn 362.30 Bn 9.11 Bn -
3 Rtx 258.25 Bn 253.15 Bn 9.08 Bn -
4 Boeing 177.65 Bn 156.75 Bn 2.55 Bn -
5 Lockheed Martin 122.07 Bn 120.17 Bn 2.08 Bn -
6 Howmet Aerospace 113.70 Bn 111.26 Bn 854.00 Mn -
7 General Dynamics 98.13 Bn 94.48 Bn 9.09 Bn -
8 Embraer 95.05 Bn 92.43 Bn - 187.20 Mn
9 Northrop Grumman 78.09 Bn 76.00 Bn 3.45 Bn -
10 TransDigm 76.52 Bn 72.64 Bn 1.51 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 1.65 Bn
Dec 31, 2025 1.65 Bn
Dec 31, 2024 1.69 Bn
Dec 31, 2024 1.69 Bn
Dec 31, 2023 1.69 Bn
Dec 31, 2023 1.69 Bn
Dec 31, 2022 1.67 Bn
Dec 31, 2022 1.67 Bn
Dec 31, 2021 1.52 Bn
Dec 31, 2021 1.52 Bn
Dec 31, 2020 1.77 Bn
Dec 31, 2020 1.77 Bn
Dec 31, 2019 1.48 Bn
Dec 31, 2019 1.48 Bn
Dec 31, 2018 1.28 Bn
Dec 31, 2018 1.28 Bn
Dec 31, 2017 1.18 Bn
Dec 31, 2017 1.18 Bn
Dec 31, 2016 1.06 Bn
Dec 31, 2016 1.06 Bn