Lockheed Martin (LMT) FCF Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly FCF Margin of 14.54% for Q2 2026, up 1537.0% year-over-year from 0.89% in Q2 2025, and up 1000.38% quarter-over-quarter from 1.61% in Q1 2026.
Lockheed Martin (LMT) FCF Margin (2009 - 2026) Analysis & Trends
Lockheed Martin's FCF Margin history runs 18 years deep, the most recent figure standing at 14.54% for Q2 2026.
- In Q2 2026, FCF Margin rose 1537.0% year-over-year to 14.54%; the TTM figure through Jun 2026 stood at 11.33% (up 670.0% YoY), while the FY2025 annual figure was 9.2%, up 176.0% from the prior year.
- FCF Margin for Q2 2026 stood at 14.54%, 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.
- The 5-year median for FCF Margin is 7.97% (2022), against an average of 8.51%.
- The sharpest annual moves came in 2022 and 2026: FCF Margin plunged 1415 bps in 2022, then jumped 1537 bps in 2026.
- Lockheed Martin's FCF Margin stood at 6.5% in 2022, then soared by 35 bps to 8.8% in 2023, then slumped by 73 bps to 2.37% in 2024, then soared by 473 bps to 13.56% in 2025, then advanced by 7 bps to 14.54% in 2026.
- Business Quant data shows LMT's FCF Margin at 14.54% in Q2 2026, 1.61% in Q1 2026, and 13.56% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 21.90% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 11.65% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 11.68% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 8.99% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 23.71% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 13.11% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | -0.11% |
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% |