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| Date | Value |
|---|---|
| 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 |