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

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

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

Lockheed Martin's Debt to Equity history runs 18 years deep, the most recent figure standing at $2.76 for 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 was $2.76 for Q1 2026 at Lockheed Martin, down from $3.23 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $4.06 in Q2 2025 to a low of $0.96 in Q3 2022.
  • Historically, Debt to Equity has averaged $2.43 across 5 years, with a median of $2.68 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity sank 45.35% in 2022, then soared 95.44% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $1.68 in 2022, then jumped by 52.24% to $2.55 in 2023, then advanced by 25.3% to $3.2 in 2024, then gained by 0.87% to $3.23 in 2025, then retreated by 14.4% to $2.76 in 2026.
  • The last three Debt to Equity figures came in at $2.76 (Q1 2026), $3.23 (Q4 2025), and $3.59 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 DEFSEC Technologies 5,320.77 Bn 5,320.77 Bn 456,459.43 -
2 General Electric 345.72 Bn 334.98 Bn 9.11 Bn 1.12
3 Rtx 244.58 Bn 239.48 Bn 9.08 Bn 0.49
4 Boeing 169.13 Bn 148.22 Bn 2.55 Bn 7.89
5 Lockheed Martin 121.80 Bn 119.90 Bn 2.08 Bn 2.76
6 Howmet Aerospace 102.93 Bn 100.49 Bn 854.00 Mn 0.85
7 General Dynamics 93.39 Bn 89.74 Bn 9.09 Bn 0.31
8 Embraer 87.17 Bn 84.54 Bn - 0.72
9 Northrop Grumman 77.69 Bn 75.60 Bn 3.45 Bn 0.84
10 TransDigm 73.08 Bn 69.20 Bn 1.51 Bn -3.33

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