Lockheed Martin (LMT) Debt Ratio (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Debt Ratio of 0.33 for Q2 2026, down 10.52% year-on-year from 0.37 in Q2 2025, and down 5.87% on a QoQ basis from 0.35 in Q1 2026.
Lockheed Martin (LMT) Debt Ratio (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Debt Ratio for 18 consecutive years, with 0.33 the latest figure, recorded in Q2 2026.
- Quarterly Debt Ratio fell 10.52% year-over-year to 0.33 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.33 (down 10.52% YoY) and the FY2025 annual result came in at 0.36, down 3.56% from the prior year.
- Debt Ratio fell to 0.33 in Q2 2026 per LMT's latest filing, from 0.35 in the prior quarter.
- Over the last five years, Debt Ratio for LMT reached as high as 0.38 in Q4 2024 and fell as low as 0.22 in Q3 2022.
- A 5-year average of 0.32 and a median of 0.34 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio soared 39.08% — and 2026, when it decreased 10.52%.
- Year by year, Debt Ratio stood at 0.3 in 2022, then climbed by 13.43% to 0.34 in 2023, then climbed by 11.9% to 0.38 in 2024, then slipped by 3.56% to 0.36 in 2025, then fell by 9.31% to 0.33 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.33, 0.35, and 0.36 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.11 Bn | 363.77 Bn | -3.10 Bn | 0.15 |
| 2 | Rtx | 288.23 Bn | 279.93 Bn | 9.91 Bn | 0.21 |
| 3 | Boeing | 167.89 Bn | 147.87 Bn | 2.41 Bn | 0.30 |
| 4 | Lockheed Martin | 132.16 Bn | 128.37 Bn | 2.45 Bn | 0.33 |
| 5 | Howmet Aerospace | 112.88 Bn | 110.45 Bn | 854.00 Mn | 0.32 |
| 6 | General Dynamics | 102.49 Bn | 98.16 Bn | 6.76 Bn | 0.12 |
| 7 | Northrop Grumman | 75.87 Bn | 73.56 Bn | 3.72 Bn | 0.28 |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 1.23 |
| 9 | L3Harris Technologies | 50.89 Bn | 50.30 Bn | 1.40 Bn | 0.27 |
| 10 | Heico | 49.64 Bn | 49.43 Bn | 569.53 Mn | 0.27 |
Historic Data
Download 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 |