Lockheed Martin (LMT) FCF Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly FCF Margin of 14.54% for Q2 2026, up 1537.0% year-on-year from 0.89% in Q2 2025, and up 1000.38% on a QoQ basis from 1.61% in Q1 2026.
Lockheed Martin (LMT) FCF Margin (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported FCF Margin for 18 consecutive years, with 14.54% the latest figure, recorded in Q2 2026.
- Quarterly FCF Margin rose 1537.0% year-over-year to 14.54% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.33% (up 670.0% YoY) and the FY2025 annual result came in at 9.2%, up 176.0% from the prior year.
- FCF Margin grew to 14.54% in Q2 2026 per LMT's latest filing, from 1.61% in the prior quarter.
- Over the last five years, FCF Margin for LMT reached as high as 17.99% in Q3 2025 and fell as low as 1.61% in Q1 2026.
- A 5-year average of 8.51% and a median of 7.97% in 2022 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 1415 bps — and 2026, when it soared 1537 bps.
- Year by year, FCF Margin stood at 6.5% in 2022, then soared by 35 bps to 8.8% in 2023, then tumbled by 73 bps to 2.37% in 2024, then soared by 473 bps to 13.56% in 2025, then increased by 7 bps to 14.54% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 14.54%, 1.61%, and 13.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 393.71% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 11.65% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 19.37% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 11.68% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 8.99% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 2.52% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | -3.38% |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 19.91% |
Historic Data
Download 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% |