Lockheed Martin (LMT) Change in Taxes (2010 - 2026)
Lockheed Martin (LMT) posted quarterly Change in Taxes of $103.0 million for Q1 2026, down 69.62% year-over-year from $339.0 million in Q1 2025, and up 166.45% on a QoQ basis from -$155.0 million in Q4 2025.
Lockheed Martin (LMT) Change in Taxes (2010 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Change in Taxes for 17 consecutive years, with $103.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes fell 69.62% year-over-year to $103.0 million; the TTM figure through Mar 2026 stood at -$491.0 million (down 480.62% YoY), while the FY2025 annual figure was -$255.0 million, down 294.66% from the prior year.
- Change in Taxes came in at $103.0 million for Q1 2026 at Lockheed Martin, up from -$155.0 million in the prior quarter.
- The five-year high for Change in Taxes was $414.0 million in Q1 2023, with the low at -$460.0 million in Q2 2023.
- Average Change in Taxes over 5 years is -$352941.2, with a median of $1.0 million recorded in 2022.
- Across the five-year window, Change in Taxes soared 450.0% in 2022 and plunged 46100.0% in 2023, its largest moves.
- Year by year, Change in Taxes stood at $35.0 million in 2022, then tumbled by 248.57% to -$52.0 million in 2023, then surged by 225.0% to $65.0 million in 2024, then sank by 338.46% to -$155.0 million in 2025, then jumped by 166.45% to $103.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $103.0 million, -$155.0 million, and -$351.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -16.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | - |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | - |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 103.00 Mn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 26.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | -99.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -164.00 Mn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | - |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -7.00 Mn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | -22.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -52.00 Mn |
| Dec 31, 2023 | -52.00 Mn |