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| Date | Value |
|---|---|
| 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 |