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

Lockheed Martin (LMT) posted quarterly Free Cash Flow of -$291.0 million for Q1 2026, down 130.47% year-over-year from $955.0 million in Q1 2025, and down 110.56% on a QoQ basis from $2.8 billion in Q4 2025.

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

Lockheed Martin (LMT) has reported Free Cash Flow for 18 consecutive years, with -$291.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow fell 130.47% year-over-year to -$291.0 million; the TTM figure through Mar 2026 stood at $5.7 billion (up 13.58% YoY), while the FY2025 annual figure was $6.9 billion, up 30.66% from the prior year.
  • Free Cash Flow came in at -$291.0 million for Q1 2026 at Lockheed Martin, down from $2.8 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $3.3 billion in Q3 2025, with the low at -$291.0 million in Q1 2026.
  • Average Free Cash Flow over 5 years is $1.4 billion, with a median of $1.3 billion recorded in 2024.
  • Across the five-year window, Free Cash Flow surged 524.94% in 2025 and sank 130.47% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $1.2 billion in 2022, then surged by 34.49% to $1.7 billion in 2023, then plunged by 73.45% to $441.0 million in 2024, then soared by 524.94% to $2.8 billion in 2025, then tumbled by 110.56% to -$291.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$291.0 million, $2.8 billion, and $3.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -1.45 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 1.31 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 1.95 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -291.00 Mn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 359.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 64.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -1.82 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -71.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -194.00 Mn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 273.92 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 1.66 Bn
Dec 31, 2023 1.66 Bn