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

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

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

Lockheed Martin's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$291.0 million for 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 was -$291.0 million for Q1 2026 at Lockheed Martin, down from $2.8 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $3.3 billion in Q3 2025 to a low of -$291.0 million in Q1 2026.
  • Historically, Free Cash Flow has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2024.
  • The sharpest annual moves came in 2025 and 2026: Free Cash Flow surged 524.94% in 2025, then plunged 130.47% in 2026.
  • A 5-year view of Free Cash Flow shows it stood at $1.2 billion in 2022, then surged by 34.49% to $1.7 billion in 2023, then tumbled by 73.45% to $441.0 million in 2024, then soared by 524.94% to $2.8 billion in 2025, then slumped by 110.56% to -$291.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$291.0 million (Q1 2026), $2.8 billion (Q4 2025), and $3.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -1.24 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 1.49 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 1.31 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -1.45 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -291.00 Mn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 359.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 1.95 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -1.82 Bn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 64.00 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