Lockheed Martin (LMT) FCF Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly FCF Margin of 1.61% for Q1 2026, down 693.0% year-over-year from 0.27% in Q1 2025, and down 111.91% on a QoQ basis from 13.56% in Q4 2025.
Lockheed Martin (LMT) FCF Margin (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported FCF Margin for 18 consecutive years, with 1.61% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 693.0% year-over-year to 1.61%; the TTM figure through Mar 2026 stood at 7.54% (up 60.0% YoY), while the FY2025 annual figure was 9.2%, up 176.0% from the prior year.
- FCF Margin came in at 1.61% for Q1 2026 at Lockheed Martin, down from 13.56% in the prior quarter.
- The five-year high for FCF Margin was 17.99% in Q3 2025, with the low at 1.61% in Q1 2026.
- Average FCF Margin over 5 years is 8.15%, with a median of 7.63% recorded in 2022.
- Across the five-year window, FCF Margin slumped 1415 bps in 2022 and soared 1119 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 6.5% in 2022, then jumped by 35 bps to 8.8% in 2023, then plunged by 73 bps to 2.37% in 2024, then jumped by 473 bps to 13.56% in 2025, then sank by 112 bps to 1.61% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 1.61%, 13.56%, and 17.99% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -6.54% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 5.93% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 14.48% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | -1.61% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 15.52% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 2.52% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -18.45% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -35.67% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -3.38% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 19.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | -1.61% |
| Dec 31, 2025 | 13.56% |
| Sep 28, 2025 | 17.99% |
| Jun 29, 2025 | -0.83% |
| Mar 30, 2025 | 5.32% |
| Dec 31, 2024 | 2.37% |
| Sep 29, 2024 | 12.18% |
| Jun 30, 2024 | 8.31% |
| Mar 31, 2024 | 7.31% |
| Dec 31, 2023 | 8.80% |
| Sep 24, 2023 | 14.97% |
| Jun 25, 2023 | 4.62% |
| Mar 26, 2023 | 8.40% |
| Dec 31, 2022 | 6.50% |
| Sep 25, 2022 | 16.45% |
| Jun 26, 2022 | 6.65% |
| Mar 27, 2022 | 7.63% |
| Dec 31, 2021 | 20.65% |
| Sep 26, 2021 | 10.11% |
| Jun 27, 2021 | 5.58% |