Lockheed Martin LMT
NYSE LMT
$643.40 +6.45 (+1.01%)
As of: Nov 2, 2026 · 3:59 PM EST

Lockheed Martin (LMT) EBITDA Margin (2009 - 2026)

Updated

Lockheed Martin (LMT) reported EBITDA Margin of 13.85% for Q3 2026, down 0.70 percentage points from 14.55% a year earlier and down 0.50 percentage points from the prior quarter.

Analysis

Lockheed Martin (LMT) EBITDA Margin (2009 - 2026) Analysis & Trends

Over the twelve months ended Sep 27, 2026, Lockheed Martin's EBITDA Margin came in at 13.91%, up 3.30 percentage points year-over-year; for FY2025, it came in at 12.55%, up 0.48 percentage points from FY2024.

  • EBITDA Margin has a five-year change of -2.64 percentage points (FY2020 to FY2025).
  • By year, EBITDA Margin came in at 12.07% in FY2024 (-2.64 pp), 14.71% in FY2023 (-0.07 pp), 14.78% in FY2022 (-0.86 pp) and 15.64% in FY2021 (+0.45 pp).
  • Five-year quarterly EBITDA Margin spans a low of 6.20% in Q4 2024 and a high of 15.91% in Q4 2021.
  • Year over year, EBITDA Margin gained in three of the last eight quarters, with an average year-over-year change of -0.16 percentage points.
  • The high point for year-over-year EBITDA Margin in five years was Q2 2026 (a gain of 8.03 percentage points); the low point was Q4 2024 (a drop of 8.18 percentage points).
  • Per Business Quant data, the three quarters before Q3 2026 came in at 14.35% (Q2 2026), 13.66% (Q1 2026) and 13.75% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 General Electric 327.28 Bn 285.80 Bn 5.02 Bn -45.24%
2 Rtx 273.71 Bn 241.98 Bn 5.81 Bn 17.64%
3 Lockheed Martin 148.31 Bn 132.54 Bn 2.44 Bn 13.85%
4 Boeing 139.09 Bn 48.05 Bn 2.17 Bn 3.88%
5 General Dynamics 100.93 Bn 88.04 Bn 2.18 Bn 11.91%
6 Howmet Aerospace 84.90 Bn 80.65 Bn 1.00 Bn 32.19%
7 Motorola Solutions 80.92 Bn 77.27 Bn 1.68 Bn 30.55%
8 Northrop Grumman 79.11 Bn 66.57 Bn 2.35 Bn 14.82%
9 Honeywell International 71.03 Bn 71.03 Bn - -
10 TransDigm 69.62 Bn 57.62 Bn 1.63 Bn 49.54%
Historic Data

Historic Data

Download Data
DateValue
Sep 27, 2026 13.85%
Jun 28, 2026 14.35%
Mar 29, 2026 13.66%
Dec 31, 2025 13.75%
Sep 28, 2025 14.55%
Jun 29, 2025 6.32%
Mar 30, 2025 15.42%
Dec 31, 2024 6.20%
Sep 29, 2024 14.79%
Jun 30, 2024 13.83%
Mar 31, 2024 13.84%
Dec 31, 2023 14.38%
Sep 24, 2023 14.17%
Jun 25, 2023 14.79%
Mar 26, 2023 15.62%
Dec 31, 2022 14.39%
Sep 25, 2022 14.79%
Jun 26, 2022 14.93%
Mar 27, 2022 15.12%
Dec 31, 2021 15.91%
API Access

Lockheed Martin EBITDA Margin 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=ebitda-margin&ticker=LMT&period=max&api_key=YOUR_API_KEY