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
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