Lockheed Martin (LMT) Debt Ratio (2009 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();