Lockheed Martin LMT
NYSE LMT
$512.08 -6.02 (-1.16%)
As of: Sep 29, 2026 · 3:59 PM EDT

Lockheed Martin (LMT) EV to EBITDA (2009 - 2026)

Updated

Lockheed Martin's (LMT) EV to EBITDA was 10.45 for Q2 2026, down 24.9% from 13.92 a year earlier and down 32.0% from the prior quarter.

Analysis

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

Over the twelve months ended Jun 28, 2026, Lockheed Martin's EV to EBITDA came in at 9.58, down 26.0% year-over-year; for FY2025, it came in at 11.38, down 12.8% from FY2024.

  • By year, EV to EBITDA came in at 13.05 in FY2024 (+20.0%), 10.88 in FY2023 (-12.8%), 12.47 in FY2022 (+40.4%) and 8.89 in FY2021 (-8.3%).
  • The Q2 2026 figure ranks as the lowest quarterly EV to EBITDA since Q3 2023.
  • Year over year, EV to EBITDA gained in six of the last eight quarters, with growth averaging 11.4%.
  • The high point for year-over-year EV to EBITDA in five years was Q4 2022 (growth of 40.4%); the low point was Q2 2026 (a decline of 24.9%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 15.38 (Q1 2026), 11.38 (Q4 2025) and 14.05 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 General Electric 330.21 Bn 284.21 Bn 4.68 Bn
2 Rtx 252.88 Bn 226.09 Bn 5.13 Bn
3 Boeing 145.76 Bn 52.46 Bn 2.41 Bn
4 Lockheed Martin 119.56 Bn 106.28 Bn 2.45 Bn
5 Howmet Aerospace 91.38 Bn 86.98 Bn 951.00 Mn
6 General Dynamics 90.40 Bn 77.51 Bn 2.18 Bn
7 Motorola Solutions 74.81 Bn 71.18 Bn 1.68 Bn
8 Northrop Grumman 71.85 Bn 61.10 Bn 2.12 Bn
9 Honeywell International 67.04 Bn 19.48 Bn 3.65 Bn
10 TransDigm 61.31 Bn 49.40 Bn 1.63 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 10.45
Mar 29, 2026 15.38
Dec 31, 2025 11.38
Sep 28, 2025 14.05
Jun 29, 2025 13.92
Mar 30, 2025 11.34
Dec 31, 2024 13.05
Sep 29, 2024 13.31
Jun 30, 2024 10.89
Mar 31, 2024 10.68
Dec 31, 2023 10.88
Sep 24, 2023 9.95
Jun 25, 2023 11.18
Mar 26, 2023 11.95
Dec 31, 2022 12.47
Sep 25, 2022 10.75
Jun 26, 2022 10.92
Mar 27, 2022 11.62
Dec 31, 2021 8.89
Sep 26, 2021 9.08
API Access

Lockheed Martin EV to EBITDA 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=ev-to-ebitda&ticker=LMT&period=max&api_key=YOUR_API_KEY