Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) posted Gross Margin of 12.19% for Q2 2026, up 5.73% on a QoQ basis from 11.53% in Q1 2026, and up 815.0% year-over-year from 1.33% in Q2 2025.
Analysis
Lockheed Martin (LMT) Gross Margin (2009 - 2026) Analysis & Trends
Lockheed Martin has reported Gross Margin for 18 years, with the latest figure at 12.19% in Q2 2026.
- On a quarterly basis, Gross Margin rose 815.0% year-over-year to 12.19% in Q2 2026; TTM through Jun 2026 was 11.8%, a 364.0% increase from a year earlier, with the FY2025 full-year figure at 10.15%, up 40.0% from the prior year.
- Gross Margin was 12.19% for Q2 2026 at Lockheed Martin, up from 11.53% in the prior quarter.
- The five-year high for Gross Margin was 13.53% in Q1 2023, with the low at 3.71% in Q4 2024.
- Average Gross Margin over 5 years is 11.35%, with a median of 12.15% recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Gross Margin sank 845 bps in 2024, then jumped 815 bps in 2026.
- Over 5 years, Gross Margin stood at 12.12% in 2022, then advanced by 0 bps to 12.16% in 2023, then tumbled by 70 bps to 3.71% in 2024, then jumped by 208 bps to 11.43% in 2025, then rose by 7 bps to 12.19% in 2026.
- The last three Gross Margin figures came in at 12.19% (Q2 2026), 11.53% (Q1 2026), and 11.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 17.92% |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 33.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 12.19% |
| Mar 29, 2026 | 11.53% |
| Dec 31, 2025 | 11.43% |
| Sep 28, 2025 | 12.04% |
| Jun 29, 2025 | 4.04% |
| Mar 30, 2025 | 12.93% |
| Dec 31, 2024 | 3.71% |
| Sep 29, 2024 | 12.38% |
| Jun 30, 2024 | 11.75% |
| Mar 31, 2024 | 11.59% |
| Dec 31, 2023 | 12.16% |
| Sep 24, 2023 | 12.13% |
| Jun 25, 2023 | 12.52% |
| Mar 26, 2023 | 13.53% |
| Dec 31, 2022 | 12.12% |
| Sep 25, 2022 | 12.78% |
| Jun 26, 2022 | 12.66% |
| Mar 27, 2022 | 12.76% |
| Dec 31, 2021 | 13.66% |
| Sep 26, 2021 | 14.36% |