Lockheed Martin LMT
NYSE LMT
$524.53 -11.62 (-2.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

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

Analysis

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

Lockheed Martin has reported Debt Ratio for 18 years, with the latest figure at 0.33 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 10.52% year-over-year to 0.33 in Q2 2026; TTM through Jun 2026 was 0.33, a 10.52% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 3.56% from the prior year.
  • Debt Ratio was 0.33 for Q2 2026 at Lockheed Martin, 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.
  • Average Debt Ratio over 5 years is 0.32, with a median of 0.34 recorded in 2023.
  • The sharpest annual moves came in 2023 and 2026: Debt Ratio soared 39.08% in 2023, then decreased 10.52% in 2026.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then advanced by 13.43% to 0.34 in 2023, then advanced by 11.9% to 0.38 in 2024, then decreased by 3.56% to 0.36 in 2025, then declined by 9.31% to 0.33 in 2026.
  • The last three Debt Ratio figures came in at 0.33 (Q2 2026), 0.35 (Q1 2026), and 0.36 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn 0.33
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn 0.12
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn 0.50
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn 0.28
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn 0.26
6 Elbit Systems 32.88 Bn 31.92 Bn 579.01 Mn 0.01
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn 0.13
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn 0.21
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn 0.39
10 Caci International 13.78 Bn 13.58 Bn 913.55 Mn 0.42
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 0.38
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