Lockheed Martin LMT
NYSE LMT
$525.16 -7.83 (-1.47%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Lockheed Martin (LMT) posted EV to FCF of 38.85 for Q2 2026, up 108.07% on a QoQ basis from 481.43 in Q1 2026, and up 105.51% year-over-year from 18.9 in Q2 2025.

Analysis

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

Lockheed Martin has reported EV to FCF for 18 years, with the latest figure at 38.85 in Q2 2026.

  • On a quarterly basis, EV to FCF rose 105.51% year-over-year to 38.85 in Q2 2026; TTM through Jun 2026 was 12.98, a 59.14% decrease from a year earlier, with the FY2025 full-year figure at 15.51, down 26.71% from the prior year.
  • EV to FCF was 38.85 for Q2 2026 at Lockheed Martin, up from 481.43 in the prior quarter.
  • The five-year high for EV to FCF was 253.74 in Q4 2024, with the low at 705.14 in Q2 2025.
  • Average EV to FCF over 5 years is 10.87, with a median of 68.66 recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: EV to FCF jumped 289.96% in 2024, then sank 1075.93% in 2025.
  • Over 5 years, EV to FCF stood at 98.5 in 2022, then plunged by 33.94% to 65.07 in 2023, then surged by 289.96% to 253.74 in 2024, then sank by 84.68% to 38.88 in 2025, then dropped by 0.1% to 38.85 in 2026.
  • The last three EV to FCF figures came in at 38.85 (Q2 2026), 481.43 (Q1 2026), and 38.88 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn
6 Elbit Systems 32.66 Bn 31.70 Bn 579.01 Mn
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn
10 Caci International 13.78 Bn 13.58 Bn 913.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 38.85
Mar 29, 2026 -481.43
Dec 31, 2025 38.88
Sep 28, 2025 32.66
Jun 29, 2025 -705.14
Mar 30, 2025 106.43
Dec 31, 2024 253.74
Sep 29, 2024 64.76
Jun 30, 2024 72.25
Mar 31, 2024 84.61
Dec 31, 2023 65.07
Sep 24, 2023 39.21
Jun 25, 2023 145.28
Mar 26, 2023 92.71
Dec 31, 2022 98.50
Sep 25, 2022 38.79
Jun 26, 2022 106.46
Mar 27, 2022 104.06
Dec 31, 2021 25.45
Sep 26, 2021 57.78