Lockheed Martin LMT
NYSE LMT
$524.53 -11.62 (-2.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Lockheed Martin (LMT) posted FCF Margin of 14.54% for Q2 2026, up 1000.38% on a QoQ basis from 1.61% in Q1 2026, and up 1537.0% year-over-year from 0.89% in Q2 2025.

Analysis

Lockheed Martin (LMT) FCF Margin (2009 - 2026) Analysis & Trends

Lockheed Martin has reported FCF Margin for 18 years, with the latest figure at 14.54% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 1537.0% year-over-year to 14.54% in Q2 2026; TTM through Jun 2026 was 11.33%, a 670.0% increase from a year earlier, with the FY2025 full-year figure at 9.2%, up 176.0% from the prior year.
  • FCF Margin was 14.54% for Q2 2026 at Lockheed Martin, up from 1.61% 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 8.51%, with a median of 7.97% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: FCF Margin plunged 1415 bps in 2022, then soared 1537 bps in 2026.
  • Over 5 years, FCF Margin 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 grew by 7 bps to 14.54% in 2026.
  • The last three FCF Margin figures came in at 14.54% (Q2 2026), 1.61% (Q1 2026), and 13.56% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Lockheed Martin 120.87 Bn 117.07 Bn 2.45 Bn 14.54%
2 General Dynamics 95.39 Bn 91.06 Bn 6.76 Bn 11.68%
3 Motorola Solutions 76.32 Bn 75.61 Bn 1.68 Bn 13.21%
4 Northrop Grumman 73.49 Bn 71.18 Bn 3.72 Bn 8.99%
5 L3Harris Technologies 46.76 Bn 45.24 Bn 1.50 Bn 13.11%
6 Elbit Systems 32.70 Bn 31.74 Bn 579.01 Mn 10.35%
7 Teledyne Technologies 27.56 Bn 27.22 Bn 738.10 Mn 17.12%
8 Curtiss Wright 20.85 Bn 20.37 Bn 364.09 Mn 16.42%
9 Leidos Holdings 16.21 Bn 15.46 Bn 817.00 Mn 16.70%
10 Caci International 13.42 Bn 13.22 Bn 913.55 Mn 12.24%
Historic Data

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%