Lockheed Martin (LMT) EV to EBITDA (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import 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();