Lockheed Martin (LMT) Debt to Equity (2009 - 2026)

Lockheed Martin (LMT) posted quarterly Debt to Equity of $2.76 for Q1 2026, down 9.04% year-over-year from $3.04 in Q1 2025, and down 14.4% on a QoQ basis from $3.23 in Q4 2025.

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

Lockheed Martin (LMT) has reported Debt to Equity for 18 consecutive years, with $2.76 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt to Equity fell 9.04% year-over-year to $2.76; the TTM figure through Mar 2026 stood at $2.76 (down 9.04% YoY), while the FY2025 annual figure was $3.23, up 0.87% from the prior year.
  • Debt to Equity came in at $2.76 for Q1 2026 at Lockheed Martin, down from $3.23 in the prior quarter.
  • The five-year high for Debt to Equity was $4.06 in Q2 2025, with the low at $0.96 in Q3 2022.
  • Average Debt to Equity over 5 years is $2.43, with a median of $2.68 recorded in 2024.
  • Across the five-year window, Debt to Equity slumped 45.35% in 2022 and soared 95.44% in 2023, its largest moves.
  • Year by year, Debt to Equity stood at $1.68 in 2022, then jumped by 52.24% to $2.55 in 2023, then increased by 25.3% to $3.2 in 2024, then grew by 0.87% to $3.23 in 2025, then dropped by 14.4% to $2.76 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $2.76, $3.23, and $3.59 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 7.89
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 0.49
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 0.31
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 2.76
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 0.85
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn -3.33
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 0.84
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 0.56
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 0.53

Historic Data

Download Data
DateValue
Mar 29, 2026 2.76
Dec 31, 2025 3.23
Sep 28, 2025 3.59
Jun 29, 2025 4.06
Mar 30, 2025 3.04
Dec 31, 2024 3.20
Sep 29, 2024 2.68
Jun 30, 2024 3.12
Mar 31, 2024 2.92
Dec 31, 2023 2.55
Sep 24, 2023 1.88
Jun 25, 2023 1.90
Mar 26, 2023 1.62
Dec 31, 2022 1.68
Sep 25, 2022 0.96
Jun 26, 2022 1.02
Mar 27, 2022 1.16
Dec 31, 2021 1.07
Sep 26, 2021 1.21
Jun 27, 2021 1.86