Lockheed Martin (LMT) FCF Margin (2009 - 2026)
Lockheed Martin (LMT) recorded FCF Margin of 14.54% in Q2 2026, up 15.37 percentage points from -0.83% a year earlier and up 16.15 percentage points from the prior quarter.
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Analysis
Lockheed Martin (LMT) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Lockheed Martin's FCF Margin came in at 11.33% as of Jun 28, 2026, up 6.70 percentage points year-over-year; for FY2025, it came in at 9.20%, up 1.76 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -0.61 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 7.44% in FY2024 (-1.78 pp), 9.22% in FY2023 (-0.07 pp), 9.29% in FY2022 (-2.19 pp) and 11.48% in FY2021 (+1.67 pp).
- Quarterly FCF Margin has ranged from -1.61% in Q1 2026 to 20.65% in Q4 2021 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of +0.63 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 15.37 percentage points in Q2 2026, against a drop of 14.15 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.61% (Q1 2026), 13.56% (Q4 2025) and 17.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 21.90% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 11.65% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 11.68% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 13.21% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 8.99% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 9.89% |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 23.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 14.54% |
| 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% |
API Access
Lockheed Martin FCF Margin 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=fcf-margin&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();