Lockheed Martin (LMT) Free Cash Flow (2009 - 2026)

Lockheed Martin (LMT) posted quarterly Free Cash Flow of $2.9 billion for Q2 2026, up 2044.67% year-on-year from $136.0 million in Q2 2025, and up 1102.41% on a QoQ basis from -$291.0 million in Q1 2026.

Lockheed Martin (LMT) Free Cash Flow (2009 - 2026) Analysis & Trends

Lockheed Martin (LMT) has reported Free Cash Flow for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.

  • Quarterly Free Cash Flow rose 2044.67% year-over-year to $2.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.7 billion (up 162.21% YoY) and the FY2025 annual result came in at $6.9 billion, up 30.66% from the prior year.
  • Free Cash Flow improved to $2.9 billion in Q2 2026 per LMT's latest filing, from -$291.0 million in the prior quarter.
  • Over the last five years, Free Cash Flow for LMT reached as high as $3.3 billion in Q3 2025 and fell as low as -$291.0 million in Q1 2026.
  • A 5-year average of $1.5 billion and a median of $1.3 billion in 2023 frame the typical range for Free Cash Flow.
  • The largest YoY upside for Free Cash Flow was 2044.67% in 2026 against a maximum downside of 130.47% in 2026.
  • Year by year, Free Cash Flow stood at $1.2 billion in 2022, then jumped by 34.49% to $1.7 billion in 2023, then tumbled by 73.45% to $441.0 million in 2024, then surged by 524.94% to $2.8 billion in 2025, then advanced by 5.84% to $2.9 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $2.9 billion, -$291.0 million, and $2.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 General Electric 375.76 Bn 366.42 Bn -3.10 Bn 2.82 Bn
2 Rtx 290.54 Bn 282.23 Bn 9.91 Bn 2.88 Bn
3 Boeing 170.29 Bn 150.27 Bn 2.41 Bn 631.00 Mn
4 Lockheed Martin 133.52 Bn 129.73 Bn 2.45 Bn 2.92 Bn
5 Howmet Aerospace 113.70 Bn 111.26 Bn 854.00 Mn 448.00 Mn
6 General Dynamics 103.50 Bn 99.17 Bn 6.76 Bn 1.65 Bn
7 Northrop Grumman 76.72 Bn 74.42 Bn 3.72 Bn 978.00 Mn
8 TransDigm 73.38 Bn 69.50 Bn 1.51 Bn 64.00 Mn
9 L3Harris Technologies 51.84 Bn 51.25 Bn 1.40 Bn -194.00 Mn
10 Embraer 50.05 Bn 48.09 Bn - -

Historic Data

Download Data
DateValue
Jun 28, 2026 2.92 Bn
Jun 28, 2026 2.92 Bn
Mar 29, 2026 -291.00 Mn
Mar 29, 2026 -291.00 Mn
Dec 31, 2025 2.76 Bn
Dec 31, 2025 2.76 Bn
Sep 28, 2025 3.35 Bn
Sep 28, 2025 3.35 Bn
Jun 29, 2025 -150.00 Mn
Jun 29, 2025 -150.00 Mn
Mar 30, 2025 955.00 Mn
Mar 30, 2025 955.00 Mn
Dec 31, 2024 441.00 Mn
Dec 31, 2024 441.00 Mn
Sep 29, 2024 2.08 Bn
Sep 29, 2024 2.08 Bn
Jun 30, 2024 1.51 Bn
Jun 30, 2024 1.51 Bn
Mar 31, 2024 1.26 Bn
Mar 31, 2024 1.26 Bn