Lockheed Martin (LMT) Gross Margin (2009 - 2026)

Lockheed Martin (LMT) recorded quarterly Gross Margin of 11.53% in Q1 2026, up 0.91% quarter-over-quarter from 11.43% in Q4 2025, and down 140.0% on a YoY basis from 28.83% in Q1 2025.

Lockheed Martin (LMT) Gross Margin (2009 - 2026) Analysis & Trends

Lockheed Martin's Gross Margin history runs 18 years deep, the most recent figure standing at 11.53% for Q1 2026.

  • In Q1 2026, Gross Margin fell 140.0% year-over-year to 11.53%; the TTM figure through Mar 2026 stood at 9.82% (down 29.0% YoY), while the FY2025 annual figure was 10.15%, up 40.0% from the prior year.
  • Gross Margin was 11.53% for Q1 2026 at Lockheed Martin, up from 11.43% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 13.53% in Q1 2023 to a low of 3.71% in Q4 2024.
  • Historically, Gross Margin has averaged 11.3% across 5 years, with a median of 12.13% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 845 bps in 2024, then surged 772 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 12.12% in 2022, then gained by 0 bps to 12.16% in 2023, then plunged by 70 bps to 3.71% in 2024, then soared by 208 bps to 11.43% in 2025, then climbed 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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 29.53%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 73.52%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 41.11%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 11.46%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 11.53%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 36.92%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 67.40%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 34.90%
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 59.39%

Historic Data

Download Data
DateValue
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%