Lockheed Martin LMT
NYSE LMT
$509.17 -2.97 (-0.58%)
At close: Sep 30, 2026 · 4:00 PM EDT

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

Updated

Lockheed Martin's (LMT) EV to FCF stood at 12.98 in Q2 2026, down 59.1% from 31.77 a year earlier and down 47.5% from the prior quarter.

Analysis

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

On a TTM basis, Lockheed Martin's EV to FCF came in at 11.89 as of Jun 28, 2026, down 59.7% year-over-year; for FY2025, it came in at 15.51, down 26.7% from FY2024.

  • Across earlier years, EV to FCF came in at 21.17 in FY2024 (+22.0%), 17.35 in FY2023 (-12.5%), 19.84 in FY2022 (+63.9%) and 12.10 in FY2021 (-19.3%).
  • The Q2 2026 figure is the lowest quarterly EV to FCF since Q3 2022.
  • On a year-over-year basis, EV to FCF rose in six of the last eight quarters, with growth averaging 14.5%.
  • Peak year-over-year performance for EV to FCF in the last five years was growth of 103.0% in Q2 2025, against a decline of 59.1% in Q2 2026 at the low end.
  • Per Business Quant, the preceding three quarters came in at 24.74 (Q1 2026), 15.51 (Q4 2025) and 23.80 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 General Electric 324.09 Bn 278.09 Bn 4.68 Bn
2 Rtx 250.22 Bn 223.44 Bn 5.13 Bn
3 Boeing 147.08 Bn 53.78 Bn 2.41 Bn
4 Lockheed Martin 117.51 Bn 104.24 Bn 2.45 Bn
5 Howmet Aerospace 90.46 Bn 86.07 Bn 951.00 Mn
6 General Dynamics 89.77 Bn 76.88 Bn 2.18 Bn
7 Motorola Solutions 73.88 Bn 70.24 Bn 1.68 Bn
8 Northrop Grumman 68.68 Bn 57.92 Bn 2.12 Bn
9 Honeywell International 66.86 Bn 19.30 Bn 3.65 Bn
10 TransDigm 59.83 Bn 47.91 Bn 1.63 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 12.98
Mar 29, 2026 24.74
Dec 31, 2025 15.51
Sep 28, 2025 23.80
Jun 29, 2025 31.77
Mar 30, 2025 20.39
Dec 31, 2024 21.17
Sep 29, 2024 20.73
Jun 30, 2024 15.65
Mar 31, 2024 17.11
Dec 31, 2023 17.35
Sep 24, 2023 17.07
Jun 25, 2023 18.66
Mar 26, 2023 18.81
Dec 31, 2022 19.84
Sep 25, 2022 12.37
Jun 26, 2022 14.67
Mar 27, 2022 16.12
Dec 31, 2021 12.10
Sep 26, 2021 18.28
API Access

Lockheed Martin EV to FCF 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-fcf&ticker=LMT&period=max&api_key=YOUR_API_KEY