Lockheed Martin LMT
NYSE LMT
$512.08 -6.02 (-1.16%)
As of: Sep 29, 2026 · 3:59 PM EDT

Lockheed Martin (LMT) Debt Ratio (2009 - 2026)

Updated

Lockheed Martin's (LMT) Debt Ratio came in at 0.33 for Q2 2026, down 10.5% from 0.37 a year earlier and down 5.9% from the prior quarter.

Analysis

Lockheed Martin (LMT) Debt Ratio (2009 - 2026) Analysis & Trends

For FY2025, Lockheed Martin's Debt Ratio stood at 0.36, down 0.5% from FY2024.

  • In prior years, Lockheed Martin's Debt Ratio was 0.36 in FY2024 (+9.5%), 0.33 in FY2023 (+13.2%), 0.29 in FY2022 (+28.1%) and 0.23 in FY2021 (-4.4%).
  • The Q2 2026 figure stands as the lowest quarterly Debt Ratio since Q3 2023.
  • On a year-over-year basis, Debt Ratio has declined in each of the last three quarters, with growth averaging 2.7% over the last eight quarters.
  • The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2023, with growth of 39.1%; the weakest was Q2 2026, with a decline of 10.5%.
  • According to Business Quant data, Debt Ratio for the three prior quarters was 0.35 (Q1 2026), 0.36 (Q4 2025) and 0.37 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 General Electric 330.21 Bn 284.21 Bn 4.68 Bn 0.15
2 Rtx 252.88 Bn 226.09 Bn 5.13 Bn 0.21
3 Boeing 145.76 Bn 52.46 Bn 2.41 Bn 0.28
4 Lockheed Martin 119.56 Bn 106.28 Bn 2.45 Bn 0.33
5 Howmet Aerospace 91.38 Bn 86.98 Bn 951.00 Mn 0.37
6 General Dynamics 90.40 Bn 77.51 Bn 2.18 Bn 0.12
7 Motorola Solutions 74.81 Bn 71.18 Bn 1.68 Bn 0.47
8 Northrop Grumman 71.85 Bn 61.10 Bn 2.12 Bn 0.28
9 Honeywell International 67.04 Bn 19.48 Bn 3.65 Bn 0.44
10 TransDigm 61.31 Bn 49.40 Bn 1.63 Bn 1.25
Historic Data

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 0.36
Sep 29, 2024 0.35
Jun 30, 2024 0.35
Mar 31, 2024 0.35
Dec 31, 2023 0.33
Sep 24, 2023 0.31
Jun 25, 2023 0.31
Mar 26, 2023 0.29
Dec 31, 2022 0.29
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
API Access

Lockheed Martin Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY