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

Lockheed Martin (LMT) recorded quarterly Debt Ratio of 0.35 in Q1 2026, down 3.65% quarter-over-quarter from 0.36 in Q4 2025, and down 2.49% on a YoY basis from 0.36 in Q1 2025.

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

Lockheed Martin's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.35 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 2.49% year-over-year to 0.35; the TTM figure through Mar 2026 stood at 0.35 (down 2.49% YoY), while the FY2025 annual figure was 0.36, down 0.5% from the prior year.
  • Debt Ratio was 0.35 for Q1 2026 at Lockheed Martin, down from 0.36 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.37 in Q3 2025 to a low of 0.22 in Q3 2022.
  • Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.35 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio decreased 4.39% in 2022, then surged 39.08% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.29 in 2022, then increased by 13.21% to 0.33 in 2023, then grew by 9.5% to 0.36 in 2024, then fell by 0.5% to 0.36 in 2025, then fell by 3.65% to 0.35 in 2026.
  • The last three Debt Ratio figures came in at 0.35 (Q1 2026), 0.36 (Q4 2025), and 0.37 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DEFSEC Technologies 5,829.59 Bn 5,829.59 Bn 456,459.43 220,296.11
2 General Electric 336.97 Bn 326.23 Bn 9.11 Bn 0.16
3 Rtx 240.63 Bn 235.53 Bn 9.08 Bn 0.19
4 Boeing 170.07 Bn 149.16 Bn 2.55 Bn 0.29
5 Lockheed Martin 119.31 Bn 117.42 Bn 2.08 Bn 0.35
6 Howmet Aerospace 98.96 Bn 96.53 Bn 854.00 Mn 0.36
7 General Dynamics 92.07 Bn 88.41 Bn 9.09 Bn 0.14
8 Embraer 88.01 Bn 85.38 Bn - 0.19
9 Northrop Grumman 76.73 Bn 74.64 Bn 3.45 Bn 0.29
10 TransDigm 70.20 Bn 66.33 Bn 1.51 Bn 1.23

Historic Data

Download Data
DateValue
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
Jun 27, 2021 0.23