Lockheed Martin LMT
NYSE LMT
$571.70 -17.53 (-2.98%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Lockheed Martin (LMT) posted quarterly Debt Ratio of 0.33 for Q2 2026, down 10.52% year-over-year from 0.37 in Q2 2025, and down 5.87% quarter-over-quarter from 0.35 in Q1 2026.

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 0.33 for Q2 2026.

  • In Q2 2026, Debt Ratio fell 10.52% year-over-year to 0.33; the TTM figure through Jun 2026 stood at 0.33 (down 10.52% YoY), while the FY2025 annual figure was 0.36, down 3.56% from the prior year.
  • Debt Ratio for Q2 2026 stood at 0.33, 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.
  • The 5-year median for Debt Ratio is 0.34 (2023), against an average of 0.32.
  • The sharpest annual moves came in 2023 and 2026: Debt Ratio jumped 39.08% in 2023, then fell 10.52% in 2026.
  • Lockheed Martin's Debt Ratio stood at 0.3 in 2022, then rose by 13.43% to 0.34 in 2023, then rose by 11.9% to 0.38 in 2024, then fell by 3.56% to 0.36 in 2025, then slipped by 9.31% to 0.33 in 2026.
  • Business Quant data shows LMT's Debt Ratio at 0.33 in Q2 2026, 0.35 in Q1 2026, and 0.36 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 General Electric 358.52 Bn 349.17 Bn 6.95 Bn 0.15
2 Rtx 287.21 Bn 278.91 Bn 9.91 Bn 0.21
3 Boeing 170.11 Bn 150.08 Bn 2.41 Bn 0.30
4 Lockheed Martin 131.49 Bn 127.70 Bn 2.45 Bn 0.33
5 Howmet Aerospace 109.12 Bn 108.56 Bn 951.00 Mn 0.34
6 General Dynamics 104.21 Bn 99.88 Bn 6.76 Bn 0.12
7 Northrop Grumman 80.06 Bn 77.76 Bn 3.72 Bn 0.28
8 TransDigm 67.85 Bn 65.08 Bn 1.63 Bn 1.23
9 L3Harris Technologies 50.31 Bn 48.79 Bn 1.50 Bn 0.26
10 Axon Enterprise 49.43 Bn 48.76 Bn 546.45 Mn 0.23

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