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