Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin's quarterly Gross Margin came in at 11.53% in Q1 2026, down 140.0% year-on-year from 28.83% in Q1 2025, and up 0.91% quarter-over-quarter from 11.43% in Q4 2025.
Lockheed Martin has reported Gross Margin for 18 years, with the latest figure at 11.53% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 140.0% year-over-year to 11.53%; the trailing twelve-month figure through Mar 2026 stood at 9.82% (down 29.0% YoY), and the FY2025 full-year result was 10.15%, up 40.0% from the prior year.
- Gross Margin for Q1 2026 stood at 11.53%, up from 11.43% 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 11.3%, with a median of 12.13% recorded in 2023.
- Year-over-year, Gross Margin slumped 845 bps in 2024 and jumped 772 bps in 2025.
- Tracing LMT's Gross Margin over 5 years: 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 grew by 1 bps to 11.53% in 2026.
- The last three Gross Margin figures came in at 11.53% (Q1 2026), 11.43% (Q4 2025), and 12.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 73.52% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 41.11% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 11.46% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 67.40% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 38.18% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 34.90% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 59.39% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 27.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 27, 2021 | 12.63% |
| Mar 28, 2021 | 13.45% |
| Dec 31, 2020 | 13.00% |
| Sep 27, 2020 | 12.95% |
| Jun 28, 2020 | 13.64% |
| Mar 29, 2020 | 13.36% |
| Dec 31, 2019 | 13.37% |
| Sep 29, 2019 | 13.60% |
| Jun 30, 2019 | 13.81% |
| Mar 31, 2019 | 15.26% |
| Dec 31, 2018 | 13.48% |
| Sep 30, 2018 | 13.42% |
| Jun 24, 2018 | 13.08% |
| Mar 25, 2018 | 14.25% |
| Dec 31, 2017 | 12.34% |
| Sep 24, 2017 | 12.96% |
| Jun 25, 2017 | 13.18% |
| Mar 26, 2017 | 12.54% |
| Dec 31, 2016 | 12.30% |
| Sep 25, 2016 | 11.98% |
| Jun 26, 2016 | 10.62% |
| Mar 27, 2016 | 10.56% |
| Dec 31, 2015 | 9.87% |
| Sep 27, 2015 | 10.90% |
| Jun 28, 2015 | 13.40% |
| Mar 29, 2015 | 14.48% |
| Dec 31, 2014 | 5.55% |
| Sep 28, 2014 | 11.47% |
| Jun 29, 2014 | 11.86% |
| Mar 30, 2014 | 12.87% |
| Dec 31, 2013 | 6.40% |
| Sep 29, 2013 | 10.43% |
| Jun 30, 2013 | 10.73% |
| Mar 31, 2013 | 9.40% |
| Dec 31, 2012 | 8.22% |
| Sep 30, 2012 | 8.59% |
| Jun 24, 2012 | 9.83% |
| Mar 25, 2012 | 8.93% |
| Dec 31, 2011 | 8.42% |
| Sep 25, 2011 | 8.22% |
| Jun 26, 2011 | 7.85% |
| Mar 27, 2011 | 7.66% |
| Dec 31, 2010 | 8.72% |
| Sep 26, 2010 | 6.96% |
| Jun 27, 2010 | 9.25% |
| Mar 28, 2010 | 8.69% |
| Dec 31, 2009 | 9.70% |
| Sep 27, 2009 | 11.35% |
| Jun 28, 2009 | 9.14% |
| Mar 29, 2009 | 11.87% |