Lockheed Martin (LMT) Dividend Coverage Ratio (2009 - 2026)
Lockheed Martin's (LMT) Dividend Coverage Ratio stood at 2.32 in Q3 2026, up 9.5% from 2.12 a year earlier and up 0.5% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Lockheed Martin's Dividend Coverage Ratio came in at 2.03 as of Sep 27, 2026, up 52.4% year-over-year; for FY2025, it was 1.60, down 6.9% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 1.72 in FY2024 (-22.9%), 2.23 in FY2023 (+17.5%), 1.90 in FY2022 (-11.5%) and 2.15 in FY2021 (-12.0%).
- The Q3 2026 figure is the highest quarterly Dividend Coverage Ratio since Q4 2022.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last eight quarters, with growth averaging 53.8%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 434.0% in Q2 2023, against a decline of 83.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.31 (Q2 2026), 1.82 (Q1 2026) and 1.68 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | 4.68 |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 2.63 |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | - |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 2.32 |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | - |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 2.56 |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 10.13 |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 3.20 |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | 2.77 |
| 10 | TransDigm | 68.72 Bn | 56.73 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 2.32 |
| Jun 28, 2026 | 2.31 |
| Mar 29, 2026 | 1.82 |
| Dec 31, 2025 | 1.68 |
| Sep 28, 2025 | 2.12 |
| Jun 29, 2025 | 0.44 |
| Mar 30, 2025 | 2.15 |
| Dec 31, 2024 | 0.64 |
| Sep 29, 2024 | 2.17 |
| Jun 30, 2024 | 2.18 |
| Mar 31, 2024 | 1.98 |
| Dec 31, 2023 | 2.30 |
| Sep 24, 2023 | 2.25 |
| Jun 25, 2023 | 2.22 |
| Mar 26, 2023 | 2.15 |
| Dec 31, 2022 | 2.50 |
| Sep 25, 2022 | 2.41 |
| Jun 26, 2022 | 0.42 |
| Mar 27, 2022 | 2.26 |
| Dec 31, 2021 | 2.69 |
API Access
Lockheed Martin Dividend Coverage 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=dividend-coverage-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();