Lockheed Martin LMT
NYSE LMT
$529.98 +5.52 (+1.05%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Lockheed Martin (LMT) posted Free Cash Flow of $2.9 billion for Q2 2026, up 1102.41% on a QoQ basis from -$291.0 million in Q1 2026, and up 2044.67% year-over-year from $136.0 million in Q2 2025.

Analysis

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

Lockheed Martin has reported Free Cash Flow for 18 years, with the latest figure at $2.9 billion in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 2044.67% year-over-year to $2.9 billion in Q2 2026; TTM through Jun 2026 was $8.7 billion, a 162.21% increase from a year earlier, with the FY2025 full-year figure at $6.9 billion, up 30.66% from the prior year.
  • Free Cash Flow was $2.9 billion for Q2 2026 at Lockheed Martin, up from -$291.0 million 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 $1.5 billion, with a median of $1.3 billion recorded in 2023.
  • The largest YoY upside for Free Cash Flow was 2044.67% in 2026 against a maximum downside of 130.47% in 2026.
  • Over 5 years, Free Cash Flow 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 gained by 5.84% to $2.9 billion in 2026.
  • The last three Free Cash Flow figures came in at $2.9 billion (Q2 2026), -$291.0 million (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Lockheed Martin 122.01 Bn 118.22 Bn 2.45 Bn 2.92 Bn
2 General Dynamics 95.71 Bn 91.37 Bn 6.76 Bn 1.65 Bn
3 Motorola Solutions 76.80 Bn 76.09 Bn 1.68 Bn 414.00 Mn
4 Northrop Grumman 73.72 Bn 71.41 Bn 3.72 Bn 978.00 Mn
5 L3Harris Technologies 46.24 Bn 44.72 Bn 1.50 Bn 771.00 Mn
6 Elbit Systems 33.11 Bn 32.15 Bn 579.01 Mn 236.73 Mn
7 Teledyne Technologies 27.62 Bn 27.28 Bn 738.10 Mn 284.70 Mn
8 Curtiss Wright 20.67 Bn 20.19 Bn 364.09 Mn 151.73 Mn
9 Leidos Holdings 16.32 Bn 15.57 Bn 817.00 Mn 761.00 Mn
10 Caci International 13.78 Bn 13.59 Bn 913.55 Mn 331.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 2.92 Bn
Mar 29, 2026 -291.00 Mn
Dec 31, 2025 2.76 Bn
Sep 28, 2025 3.35 Bn
Jun 29, 2025 -150.00 Mn
Mar 30, 2025 955.00 Mn
Dec 31, 2024 441.00 Mn
Sep 29, 2024 2.08 Bn
Jun 30, 2024 1.51 Bn
Mar 31, 2024 1.26 Bn
Dec 31, 2023 1.66 Bn
Sep 24, 2023 2.53 Bn
Jun 25, 2023 771.00 Mn
Mar 26, 2023 1.27 Bn
Dec 31, 2022 1.24 Bn
Sep 25, 2022 2.73 Bn
Jun 26, 2022 1.03 Bn
Mar 27, 2022 1.14 Bn
Dec 31, 2021 3.66 Bn
Sep 26, 2021 1.62 Bn