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

Lockheed Martin's FCF Margin history runs 18 years deep, the most recent figure standing at 1.61% for 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 was 1.61% for Q1 2026 at Lockheed Martin, down from 13.56% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 17.99% in Q3 2025 to a low of 1.61% in Q1 2026.
• Historically, FCF Margin has averaged 8.15% across 5 years, with a median of 7.63% in 2022.
• The sharpest annual moves came in 2022 and 2025: FCF Margin sank 1415 bps in 2022, then soared 1119 bps in 2025.
• A 5-year view of FCF Margin shows it stood at 6.5% in 2022, then jumped by 35 bps to 8.8% in 2023, then tumbled by 73 bps to 2.37% in 2024, then jumped by 473 bps to 13.56% in 2025, then plunged 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.