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
DateValue
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%