Lockheed Martin LMT
NYSE LMT
$523.92 -6.20 (-1.17%)
As of: Sep 11, 2026 · 3:59 PM EDT

Lockheed Martin (LMT) Change in Taxes (2010 - 2026)

Lockheed Martin (LMT) posted Change in Taxes of -$60.0 million for Q2 2026, down 158.25% on a QoQ basis from $103.0 million in Q1 2026, and up 31.82% year-over-year from -$45.5 million in Q2 2025.

Analysis

Lockheed Martin (LMT) Change in Taxes (2010 - 2026) Analysis & Trends

Lockheed Martin has reported Change in Taxes for 17 years, with the latest figure at -$60.0 million in Q2 2026.

  • On a quarterly basis, Change in Taxes rose 31.82% year-over-year to -$60.0 million in Q2 2026; TTM through Jun 2026 was -$463.0 million, a 228.25% decrease from a year earlier, with the FY2025 full-year figure at -$255.0 million, down 294.66% from the prior year.
  • Change in Taxes was -$60.0 million for Q2 2026 at Lockheed Martin, down from $103.0 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 -$3.7 million, with a median of -$17.0 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Change in Taxes jumped 450.0% in 2022, then slumped 46100.0% in 2023.
  • Over 5 years, Change in Taxes stood at $35.0 million in 2022, then sank by 248.57% to -$52.0 million in 2023, then soared by 225.0% to $65.0 million in 2024, then tumbled by 338.46% to -$155.0 million in 2025, then surged by 61.29% to -$60.0 million in 2026.
  • The last three Change in Taxes figures came in at -$60.0 million (Q2 2026), $103.0 million (Q1 2026), and -$155.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Lockheed Martin 120.70 Bn 116.91 Bn 2.45 Bn -60.00 Mn
2 General Dynamics 96.44 Bn 92.10 Bn 6.76 Bn -
3 Motorola Solutions 77.62 Bn 76.91 Bn 1.68 Bn -
4 Northrop Grumman 73.62 Bn 71.32 Bn 3.72 Bn 126.00 Mn
5 L3Harris Technologies 45.79 Bn 44.27 Bn 1.50 Bn 2.00 Mn
6 Elbit Systems 33.28 Bn 32.31 Bn 579.01 Mn -
7 Teledyne Technologies 27.95 Bn 27.61 Bn 738.10 Mn -
8 Curtiss Wright 20.74 Bn 20.27 Bn 364.09 Mn -
9 Leidos Holdings 16.26 Bn 15.51 Bn 817.00 Mn 90.00 Mn
10 Caci International 13.71 Bn 13.52 Bn 913.55 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 -60.00 Mn
Mar 29, 2026 103.00 Mn
Dec 31, 2025 -155.00 Mn
Sep 28, 2025 -351.00 Mn
Jun 29, 2025 -88.00 Mn
Mar 30, 2025 339.00 Mn
Dec 31, 2024 65.00 Mn
Sep 29, 2024 45.00 Mn
Jun 30, 2024 -320.00 Mn
Mar 31, 2024 341.00 Mn
Dec 31, 2023 -52.00 Mn
Sep 24, 2023 -35.00 Mn
Jun 25, 2023 -460.00 Mn
Mar 26, 2023 414.00 Mn
Dec 31, 2022 35.00 Mn
Sep 25, 2022 -205.00 Mn
Jun 26, 2022 1.00 Mn
Mar 27, 2022 317.00 Mn
Dec 31, 2021 -10.00 Mn
Sep 26, 2021 22.00 Mn