Lockheed Martin (LMT) Change in Taxes (2010 - 2026)
Lockheed Martin (LMT) posted quarterly Change in Taxes of -$60.0 million for Q2 2026, up 31.82% year-on-year from -$45.5 million in Q2 2025, and down 158.25% on a QoQ basis from $103.0 million in Q1 2026.
Lockheed Martin (LMT) Change in Taxes (2010 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Change in Taxes for 17 consecutive years, with -$60.0 million the latest figure, recorded in Q2 2026.
- Quarterly Change in Taxes rose 31.82% year-over-year to -$60.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$463.0 million (down 228.25% YoY) and the FY2025 annual result came in at -$255.0 million, down 294.66% from the prior year.
- Change in Taxes eased to -$60.0 million in Q2 2026 per LMT's latest filing, from $103.0 million in the prior quarter.
- Over the last five years, Change in Taxes for LMT reached as high as $414.0 million in Q1 2023 and fell as low as -$460.0 million in Q2 2023.
- A 5-year average of -$3.7 million and a median of -$17.0 million in 2022 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2022 — Change in Taxes jumped 450.0% — and 2023, when it slumped 46100.0%.
- Year by year, Change in Taxes stood at $35.0 million in 2022, then slumped by 248.57% to -$52.0 million in 2023, then jumped by 225.0% to $65.0 million in 2024, then plunged by 338.46% to -$155.0 million in 2025, then soared by 61.29% to -$60.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$60.0 million, $103.0 million, and -$155.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.79 Bn | 361.44 Bn | -3.10 Bn | - |
| 2 | Rtx | 287.17 Bn | 278.86 Bn | 9.91 Bn | - |
| 3 | Boeing | 168.70 Bn | 148.68 Bn | 2.41 Bn | -4.00 Mn |
| 4 | Lockheed Martin | 131.80 Bn | 128.01 Bn | 2.45 Bn | -60.00 Mn |
| 5 | Howmet Aerospace | 112.14 Bn | 109.71 Bn | 854.00 Mn | 26.00 Mn |
| 6 | General Dynamics | 101.91 Bn | 97.58 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 75.39 Bn | 73.08 Bn | 3.72 Bn | 126.00 Mn |
| 8 | TransDigm | 72.38 Bn | 68.50 Bn | 1.51 Bn | -99.00 Mn |
| 9 | L3Harris Technologies | 50.57 Bn | 49.98 Bn | 1.40 Bn | -7.00 Mn |
| 10 | Heico | 49.46 Bn | 49.25 Bn | 569.53 Mn | -22.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | -60.00 Mn |
| Jun 28, 2026 | -60.00 Mn |
| Mar 29, 2026 | 103.00 Mn |
| Mar 29, 2026 | 103.00 Mn |
| Dec 31, 2025 | -155.00 Mn |
| Dec 31, 2025 | -155.00 Mn |
| Sep 28, 2025 | -351.00 Mn |
| Sep 28, 2025 | -351.00 Mn |
| Jun 29, 2025 | -88.00 Mn |
| Jun 29, 2025 | -88.00 Mn |
| Mar 30, 2025 | 339.00 Mn |
| Mar 30, 2025 | 339.00 Mn |
| Dec 31, 2024 | 65.00 Mn |
| Dec 31, 2024 | 65.00 Mn |
| Sep 29, 2024 | 45.00 Mn |
| Sep 29, 2024 | 45.00 Mn |
| Jun 30, 2024 | -320.00 Mn |
| Jun 30, 2024 | -320.00 Mn |
| Mar 31, 2024 | 341.00 Mn |
| Mar 31, 2024 | 341.00 Mn |