Lockheed Martin (LMT) FCF Payout Ratio (2009 - 2026)
Lockheed Martin's (LMT) FCF Payout Ratio stood at 0.27 in Q3 2026, up 16.1% from 0.23 a year earlier but down 2.7% from the prior quarter.
Lockheed Martin (LMT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Lockheed Martin's FCF Payout Ratio came in at 0.38 as of Sep 27, 2026, down 44.2% year-over-year; for FY2025, it was 0.45, down 22.7% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.59 in FY2024 (+17.8%), 0.50 in FY2023 (+1.2%), 0.49 in FY2022 (+28.8%) and 0.38 in FY2021 (-12.5%).
- Quarterly FCF Payout Ratio has ranged from 0.21 in Q4 2021 to 1.86 in Q4 2024 over the past five years.
- On a year-over-year basis, FCF Payout Ratio rose in three of the last five quarters, with growth averaging 42.0%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 280.4% in Q4 2024, against a decline of 84.4% in Q4 2025 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn | - |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn | 0.26 |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn | 0.46 |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn | 0.27 |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn | - |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn | - |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn | 0.10 |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn | 0.34 |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn | 0.24 |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 0.51 |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 0.27 |
| Jun 28, 2026 | 0.27 |
| Dec 31, 2025 | 0.29 |
| Sep 28, 2025 | 0.23 |
| Mar 30, 2025 | 0.83 |
| Dec 31, 2024 | 1.86 |
| Sep 29, 2024 | 0.36 |
| Jun 30, 2024 | 0.50 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.49 |
| Sep 24, 2023 | 0.30 |
| Jun 25, 2023 | 0.98 |
| Mar 26, 2023 | 0.62 |
| Dec 31, 2022 | 0.62 |
| Sep 25, 2022 | 0.27 |
| Jun 26, 2022 | 0.72 |
| Mar 27, 2022 | 0.67 |
| Dec 31, 2021 | 0.21 |
| Sep 26, 2021 | 0.44 |
| Jun 27, 2021 | 0.76 |
Lockheed Martin FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();