Lockheed Martin (LMT) Debt Ratio (2009 - 2026)
Lockheed Martin (LMT) posted Debt Ratio of 0.33 for Q2 2026, down 5.87% on a QoQ basis from 0.35 in Q1 2026, and down 10.52% year-over-year from 0.37 in Q2 2025.
Analysis
Lockheed Martin (LMT) Debt Ratio (2009 - 2026) Analysis & Trends
Lockheed Martin has reported Debt Ratio for 18 years, with the latest figure at 0.33 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 10.52% year-over-year to 0.33 in Q2 2026; TTM through Jun 2026 was 0.33, a 10.52% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 3.56% from the prior year.
- Debt Ratio was 0.33 for Q2 2026 at Lockheed Martin, down from 0.35 in the prior quarter.
- The five-year high for Debt Ratio was 0.38 in Q4 2024, with the low at 0.22 in Q3 2022.
- Average Debt Ratio over 5 years is 0.32, with a median of 0.34 recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Debt Ratio soared 39.08% in 2023, then decreased 10.52% in 2026.
- Over 5 years, Debt Ratio stood at 0.3 in 2022, then advanced by 13.43% to 0.34 in 2023, then advanced by 11.9% to 0.38 in 2024, then decreased by 3.56% to 0.36 in 2025, then declined by 9.31% to 0.33 in 2026.
- The last three Debt Ratio figures came in at 0.33 (Q2 2026), 0.35 (Q1 2026), and 0.36 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 0.33 |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 0.12 |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 0.50 |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 0.28 |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 0.26 |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn | 0.01 |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 0.13 |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 0.21 |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 0.39 |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.33 |
| Mar 29, 2026 | 0.35 |
| Dec 31, 2025 | 0.36 |
| Sep 28, 2025 | 0.37 |
| Jun 29, 2025 | 0.37 |
| Mar 30, 2025 | 0.36 |
| Dec 31, 2024 | 0.38 |
| Sep 29, 2024 | 0.35 |
| Jun 30, 2024 | 0.35 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.34 |
| Sep 24, 2023 | 0.31 |
| Jun 25, 2023 | 0.31 |
| Mar 26, 2023 | 0.29 |
| Dec 31, 2022 | 0.30 |
| Sep 25, 2022 | 0.22 |
| Jun 26, 2022 | 0.22 |
| Mar 27, 2022 | 0.23 |
| Dec 31, 2021 | 0.23 |
| Sep 26, 2021 | 0.23 |