Lockheed Martin (LMT) EV to FCF (2009 - 2026)
Lockheed Martin's (LMT) EV to FCF stood at 13.61 in Q3 2026, down 42.8% from 23.80 a year earlier but up 4.8% from the prior quarter.
Powered by 
Analysis
Lockheed Martin (LMT) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Lockheed Martin's EV to FCF came in at 12.44 as of Sep 27, 2026, down 44.9% 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%).
- Quarterly EV to FCF has ranged from 12.10 in Q4 2021 to 31.77 in Q2 2025 over the past five years.
- On a year-over-year basis, EV to FCF rose in five of the last eight quarters, with growth averaging 6.5%.
- 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 12.98 (Q2 2026), 24.74 (Q1 2026) and 15.51 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 13.61 |
| 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 |
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_KEYimport 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();