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