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

Lockheed Martin (LMT) recorded quarterly Change in Taxes of $103.0 million in Q1 2026, up 166.45% quarter-over-quarter from -$155.0 million in Q4 2025, and down 69.62% on a YoY basis from $339.0 million in Q1 2025.

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

Lockheed Martin's Change in Taxes history runs 17 years deep, the most recent figure standing at $103.0 million for 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 was $103.0 million for Q1 2026 at Lockheed Martin, up from -$155.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $414.0 million in Q1 2023 to a low of -$460.0 million in Q2 2023.
  • Historically, Change in Taxes has averaged -$352941.2 across 5 years, with a median of $1.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Change in Taxes soared 450.0% in 2022, then tumbled 46100.0% in 2023.
  • A 5-year view of Change in Taxes shows it stood at $35.0 million in 2022, then slumped by 248.57% to -$52.0 million in 2023, then surged by 225.0% to $65.0 million in 2024, then plunged by 338.46% to -$155.0 million in 2025, then jumped by 166.45% to $103.0 million in 2026.
  • The last three Change in Taxes figures came in at $103.0 million (Q1 2026), -$155.0 million (Q4 2025), and -$351.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn -
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -16.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 103.00 Mn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 26.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -164.00 Mn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn -99.00 Mn

Historic Data

Download Data
DateValue
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