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

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

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

Lockheed Martin (LMT) has reported Change in Taxes for 17 consecutive years, with -$60.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Change in Taxes rose 31.82% year-over-year to -$60.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$463.0 million (down 228.25% YoY) and the FY2025 annual result came in at -$255.0 million, down 294.66% from the prior year.
  • Change in Taxes eased to -$60.0 million in Q2 2026 per LMT's latest filing, from $103.0 million in the prior quarter.
  • Over the last five years, Change in Taxes for LMT reached as high as $414.0 million in Q1 2023 and fell as low as -$460.0 million in Q2 2023.
  • A 5-year average of -$3.7 million and a median of -$17.0 million in 2022 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2022 — Change in Taxes jumped 450.0% — and 2023, when it slumped 46100.0%.
  • Year by year, Change in Taxes stood at $35.0 million in 2022, then slumped by 248.57% to -$52.0 million in 2023, then jumped by 225.0% to $65.0 million in 2024, then plunged by 338.46% to -$155.0 million in 2025, then soared by 61.29% to -$60.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$60.0 million, $103.0 million, and -$155.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 General Electric 370.79 Bn 361.44 Bn -3.10 Bn -
2 Rtx 287.17 Bn 278.86 Bn 9.91 Bn -
3 Boeing 168.70 Bn 148.68 Bn 2.41 Bn -4.00 Mn
4 Lockheed Martin 131.80 Bn 128.01 Bn 2.45 Bn -60.00 Mn
5 Howmet Aerospace 112.14 Bn 109.71 Bn 854.00 Mn 26.00 Mn
6 General Dynamics 101.91 Bn 97.58 Bn 6.76 Bn -
7 Northrop Grumman 75.39 Bn 73.08 Bn 3.72 Bn 126.00 Mn
8 TransDigm 72.38 Bn 68.50 Bn 1.51 Bn -99.00 Mn
9 L3Harris Technologies 50.57 Bn 49.98 Bn 1.40 Bn -7.00 Mn
10 Heico 49.46 Bn 49.25 Bn 569.53 Mn -22.55 Mn

Historic Data

Download Data
DateValue
Jun 28, 2026 -60.00 Mn
Jun 28, 2026 -60.00 Mn
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