KPIs & Operating Metrics(New)
Growth Metrics

Lockheed Martin (LMT) FCF Margin (2009 - 2026)

Lockheed Martin's quarterly FCF Margin came in at 1.61% in Q1 2026, down 693.0% year-on-year from 0.27% in Q1 2025, and down 111.91% quarter-over-quarter from 13.56% in Q4 2025.

Lockheed Martin has reported FCF Margin for 18 years, with the latest figure at 1.61% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 693.0% year-over-year to 1.61%; the trailing twelve-month figure through Mar 2026 stood at 7.54% (up 60.0% YoY), and the FY2025 full-year result was 9.2%, up 176.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 1.61%, 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.
  • Year-over-year, FCF Margin sank 1415 bps in 2022 and surged 1119 bps in 2025.
  • Tracing LMT's FCF Margin over 5 years: stood at 6.5% in 2022, then surged by 35 bps to 8.8% in 2023, then slumped by 73 bps to 2.37% in 2024, then surged by 473 bps to 13.56% in 2025, then tumbled by 112 bps to 1.61% in 2026.
  • The last three FCF Margin figures came in at 1.61% (Q1 2026), 13.56% (Q4 2025), and 17.99% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 12.04%
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 5.93%
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -6.54%
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 15.52%
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 14.48%
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -35.67%
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -18.45%
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 2.52%
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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DateValue
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%
Mar 28, 2021 9.02%
Dec 31, 2020 6.37%
Sep 27, 2020 8.92%
Jun 28, 2020 11.34%
Mar 29, 2020 12.91%
Dec 31, 2019 5.33%
Sep 29, 2019 14.38%
Jun 30, 2019 9.84%
Mar 31, 2019 9.62%
Dec 31, 2018 12.20%
Sep 30, 2018 0.15%
Jun 24, 2018 -2.51%
Mar 25, 2018 3.58%
Dec 31, 2017 7.26%
Sep 24, 2017 12.41%
Jun 25, 2017 10.08%
Mar 26, 2017 13.34%
Dec 31, 2016 2.13%
Sep 25, 2016 9.34%
Jun 26, 2016 10.69%
Mar 27, 2016 14.62%
Dec 31, 2015 8.03%
Sep 27, 2015 13.18%
Jun 28, 2015 10.47%
Mar 29, 2015 9.62%
Dec 31, 2014 -4.71%
Sep 28, 2014 7.08%
Jun 29, 2014 7.31%
Mar 30, 2014 18.75%
Dec 31, 2013 5.14%
Sep 29, 2013 6.09%
Jun 30, 2013 3.92%
Mar 31, 2013 17.88%
Dec 31, 2012 -14.41%
Sep 30, 2012 11.50%
Jun 24, 2012 5.62%
Mar 25, 2012 2.90%
Dec 31, 2011 5.50%
Sep 25, 2011 2.56%
Jun 26, 2011 6.03%
Mar 27, 2011 14.95%
Dec 31, 2010 -2.08%
Sep 26, 2010 3.02%
Jun 27, 2010 9.72%
Mar 28, 2010 15.10%
Dec 31, 2009 -5.48%
Sep 27, 2009 14.30%
Jun 28, 2009 8.75%
Mar 29, 2009 12.82%