Lockheed Martin (LMT) FCF Payout Ratio (2009 - 2026)

Lockheed Martin (LMT) posted quarterly FCF Payout Ratio of 0.27 for Q2 2026, up 105.31% year-on-year from 0.13 in Q2 2025, and up 109.73% on a QoQ basis from 2.8 in Q1 2026.

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

Lockheed Martin (LMT) has reported FCF Payout Ratio for 18 consecutive years, with 0.27 the latest figure, recorded in Q2 2026.

  • Quarterly FCF Payout Ratio rose 105.31% year-over-year to 0.27 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.36 (down 61.36% YoY) and the FY2025 annual result came in at 0.45, down 22.7% from the prior year.
  • FCF Payout Ratio rose to 0.27 in Q2 2026 per LMT's latest filing, from 2.8 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for LMT reached as high as 1.86 in Q4 2024 and fell as low as 5.14 in Q2 2025.
  • A 5-year average of 0.09 and a median of 0.49 in 2023 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio soared 280.36% — and 2025, when it sank 1129.37%.
  • Year by year, FCF Payout Ratio stood at 0.62 in 2022, then declined by 21.28% to 0.49 in 2023, then jumped by 280.36% to 1.86 in 2024, then sank by 84.39% to 0.29 in 2025, then dropped by 5.87% to 0.27 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.27, 2.8, and 0.29 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 General Electric 374.10 Bn 364.75 Bn -3.10 Bn 0.17
2 Rtx 290.22 Bn 281.92 Bn 9.91 Bn 0.65
3 Boeing 168.50 Bn 148.47 Bn 2.41 Bn 0.14
4 Lockheed Martin 133.34 Bn 129.55 Bn 2.45 Bn 0.27
5 Howmet Aerospace 113.40 Bn 110.96 Bn 854.00 Mn 0.11
6 General Dynamics 103.29 Bn 98.96 Bn 6.76 Bn 0.26
7 Northrop Grumman 76.60 Bn 74.29 Bn 3.72 Bn 0.36
8 TransDigm 73.05 Bn 69.17 Bn 1.51 Bn -
9 L3Harris Technologies 51.78 Bn 51.19 Bn 1.40 Bn -1.23
10 Heico 49.68 Bn 49.47 Bn 569.53 Mn 0.03

Historic Data

Download Data
DateValue
Jun 28, 2026 0.27
Mar 29, 2026 -2.80
Dec 31, 2025 0.29
Sep 28, 2025 0.23
Jun 29, 2025 -5.14
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