Lockheed Martin (LMT) EV to FCF (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();