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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |