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| 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 |