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

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

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

Lockheed Martin (LMT) has reported Debt Ratio for 18 consecutive years, with 0.35 the latest figure, recorded in 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 came in at 0.35 for Q1 2026 at Lockheed Martin, down from 0.36 in the prior quarter.
  • The five-year high for Debt Ratio was 0.37 in Q3 2025, with the low at 0.22 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.32, with a median of 0.35 recorded in 2024.
  • Across the five-year window, Debt Ratio declined 4.39% in 2022 and surged 39.08% in 2023, its largest moves.
  • Year by year, Debt Ratio stood at 0.29 in 2022, then advanced by 13.21% to 0.33 in 2023, then gained by 9.5% to 0.36 in 2024, then slipped by 0.5% to 0.36 in 2025, then slipped by 3.65% to 0.35 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.35, 0.36, and 0.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.29
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 0.19
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 0.14
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 0.35
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 0.36
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.23
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 0.29
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 0.00
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 0.27
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 0.27

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