KPIs & Operating Metrics(New)
Growth Metrics

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

Lockheed Martin's quarterly Free Cash Flow came in at -$291.0 million in Q1 2026, down 130.47% year-on-year from $955.0 million in Q1 2025, and down 110.56% quarter-over-quarter from $2.8 billion in Q4 2025.

Lockheed Martin has reported Free Cash Flow for 18 years, with the latest figure at -$291.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 130.47% year-over-year to -$291.0 million; the trailing twelve-month figure through Mar 2026 stood at $5.7 billion (up 13.58% YoY), and the FY2025 full-year result was $6.9 billion, up 30.66% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$291.0 million, 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.
  • Year-over-year, Free Cash Flow jumped 524.94% in 2025 and plunged 130.47% in 2026.
  • Tracing LMT's Free Cash Flow over 5 years: stood at $1.2 billion in 2022, then soared by 34.49% to $1.7 billion in 2023, then slumped by 73.45% to $441.0 million in 2024, then jumped by 524.94% to $2.8 billion in 2025, then sank 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 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 1.49 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 1.31 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -1.45 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -291.00 Mn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 359.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 1.95 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -71.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -1.82 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 64.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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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
Sep 24, 2023 2.53 Bn
Sep 24, 2023 2.53 Bn
Jun 25, 2023 771.00 Mn
Jun 25, 2023 771.00 Mn
Mar 26, 2023 1.27 Bn
Mar 26, 2023 1.27 Bn
Dec 31, 2022 1.24 Bn
Dec 31, 2022 1.24 Bn
Sep 25, 2022 2.73 Bn
Sep 25, 2022 2.73 Bn
Jun 26, 2022 1.03 Bn
Jun 26, 2022 1.03 Bn
Mar 27, 2022 1.14 Bn
Mar 27, 2022 1.14 Bn
Dec 31, 2021 3.66 Bn
Dec 31, 2021 3.66 Bn
Sep 26, 2021 1.62 Bn
Sep 26, 2021 1.62 Bn
Jun 27, 2021 950.00 Mn
Jun 27, 2021 950.00 Mn
Mar 28, 2021 1.47 Bn
Mar 28, 2021 1.47 Bn
Dec 31, 2020 1.09 Bn
Dec 31, 2020 1.09 Bn
Sep 27, 2020 1.47 Bn
Sep 27, 2020 1.47 Bn
Jun 28, 2020 1.84 Bn
Jun 28, 2020 1.84 Bn
Mar 29, 2020 2.02 Bn
Mar 29, 2020 2.02 Bn
Dec 31, 2019 847.00 Mn
Dec 31, 2019 847.00 Mn
Sep 29, 2019 2.18 Bn
Sep 29, 2019 2.18 Bn
Jun 30, 2019 1.42 Bn
Jun 30, 2019 1.42 Bn
Mar 31, 2019 1.38 Bn
Mar 31, 2019 1.38 Bn
Dec 31, 2018 1.76 Bn
Dec 31, 2018 1.76 Bn
Sep 30, 2018 22.00 Mn
Sep 30, 2018 22.00 Mn
Jun 24, 2018 -336.00 Mn
Jun 24, 2018 -336.00 Mn
Mar 25, 2018 416.00 Mn
Mar 25, 2018 416.00 Mn
Dec 31, 2017 1.01 Bn
Dec 31, 2017 1.01 Bn
Sep 24, 2017 1.53 Bn
Sep 24, 2017 1.53 Bn
Jun 25, 2017 1.27 Bn
Jun 25, 2017 1.27 Bn
Mar 26, 2017 1.50 Bn
Mar 26, 2017 1.50 Bn
Dec 31, 2016 293.00 Mn
Dec 31, 2016 293.00 Mn
Sep 25, 2016 1.08 Bn
Sep 25, 2016 1.08 Bn
Jun 26, 2016 1.24 Bn
Jun 26, 2016 1.24 Bn
Mar 27, 2016 1.52 Bn
Mar 27, 2016 1.52 Bn
Dec 31, 2015 925.00 Mn
Dec 31, 2015 925.00 Mn
Sep 27, 2015 1.33 Bn
Sep 27, 2015 1.33 Bn
Jun 28, 2015 1.07 Bn
Jun 28, 2015 1.07 Bn
Mar 29, 2015 839.00 Mn
Mar 29, 2015 839.00 Mn
Dec 31, 2014 -590.00 Mn
Dec 31, 2014 -590.00 Mn
Sep 28, 2014 787.00 Mn
Sep 28, 2014 787.00 Mn
Jun 29, 2014 827.00 Mn
Jun 29, 2014 827.00 Mn
Mar 30, 2014 2.00 Bn
Mar 30, 2014 2.00 Bn
Dec 31, 2013 593.00 Mn
Dec 31, 2013 593.00 Mn
Sep 29, 2013 691.00 Mn
Sep 29, 2013 691.00 Mn
Jun 30, 2013 447.00 Mn
Jun 30, 2013 447.00 Mn
Mar 31, 2013 1.98 Bn
Mar 31, 2013 1.98 Bn
Dec 31, 2012 -1.74 Bn
Dec 31, 2012 -1.74 Bn
Sep 30, 2012 1.37 Bn
Sep 30, 2012 1.37 Bn
Jun 24, 2012 670.00 Mn
Jun 24, 2012 670.00 Mn
Mar 25, 2012 327.00 Mn
Mar 25, 2012 327.00 Mn
Dec 31, 2011 671.00 Mn
Dec 31, 2011 671.00 Mn
Sep 25, 2011 310.00 Mn
Sep 25, 2011 310.00 Mn
Jun 26, 2011 696.00 Mn
Jun 26, 2011 696.00 Mn
Mar 27, 2011 1.59 Bn
Mar 27, 2011 1.59 Bn
Dec 31, 2010 -266.00 Mn
Dec 31, 2010 -266.00 Mn
Sep 26, 2010 342.00 Mn
Sep 26, 2010 342.00 Mn
Jun 27, 2010 1.09 Bn
Jun 27, 2010 1.09 Bn
Mar 28, 2010 1.56 Bn
Mar 28, 2010 1.56 Bn
Dec 31, 2009 -662.00 Mn
Dec 31, 2009 -662.00 Mn
Sep 27, 2009 1.24 Bn
Sep 27, 2009 1.24 Bn
Jun 28, 2009 969.00 Mn
Jun 28, 2009 969.00 Mn
Mar 29, 2009 1.09 Bn
Mar 29, 2009 1.09 Bn