Lockheed Martin (LMT) EV to EBITDA (2009 - 2026)
Lockheed Martin's (LMT) EV to EBITDA was 10.37 for Q3 2026, down 26.2% from 14.05 a year earlier and down 0.8% from the prior quarter.
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Analysis
Lockheed Martin (LMT) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, Lockheed Martin's EV to EBITDA came in at 9.48, down 28.9% 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 Q3 2026 figure ranks as the lowest quarterly EV to EBITDA since Q3 2023.
- Year over year, EV to EBITDA gained in five of the last eight quarters, with growth averaging 3.9%.
- The high point for year-over-year EV to EBITDA in five years was Q4 2022 (growth of 40.4%); the low point was Q3 2026 (a decline of 26.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 10.45 (Q2 2026), 15.38 (Q1 2026) and 11.38 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 343.07 Bn | 301.59 Bn | 5.02 Bn |
| 2 | Rtx | 260.15 Bn | 228.42 Bn | 5.81 Bn |
| 3 | Boeing | 139.53 Bn | 48.49 Bn | 2.17 Bn |
| 4 | Lockheed Martin | 131.79 Bn | 116.02 Bn | 2.44 Bn |
| 5 | General Dynamics | 96.69 Bn | 81.93 Bn | 2.25 Bn |
| 6 | Motorola Solutions | 86.11 Bn | 82.57 Bn | 1.77 Bn |
| 7 | Howmet Aerospace | 84.00 Bn | 79.76 Bn | 1.00 Bn |
| 8 | Northrop Grumman | 74.77 Bn | 62.23 Bn | 2.35 Bn |
| 9 | Honeywell International | 70.88 Bn | 30.39 Bn | 2.02 Bn |
| 10 | TransDigm | 70.01 Bn | 58.01 Bn | 1.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 10.37 |
| 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 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();