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
DateValue
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