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
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% |