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

Lockheed Martin (LMT) posted quarterly FCF Margin of 1.61% for Q1 2026, down 693.0% year-over-year from 0.27% in Q1 2025, and down 111.91% on a QoQ basis from 13.56% in Q4 2025.

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

Lockheed Martin (LMT) has reported FCF Margin for 18 consecutive years, with 1.61% the latest figure, recorded in 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 came in at 1.61% for Q1 2026 at Lockheed Martin, down from 13.56% 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 8.15%, with a median of 7.63% recorded in 2022.
  • Across the five-year window, FCF Margin slumped 1415 bps in 2022 and soared 1119 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 6.5% in 2022, then jumped by 35 bps to 8.8% in 2023, then plunged by 73 bps to 2.37% in 2024, then jumped by 473 bps to 13.56% in 2025, then sank by 112 bps to 1.61% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 1.61%, 13.56%, and 17.99% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -6.54%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 5.93%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 14.48%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 15.52%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.52%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -18.45%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -35.67%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -3.38%
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 19.91%

Historic Data

Download Data
DateValue
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%
Jun 27, 2021 5.58%