Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Gross Margin of 11.53% for Q1 2026, down 140.0% year-over-year from 28.83% in Q1 2025, and up 0.91% on a QoQ basis from 11.43% in Q4 2025.
Lockheed Martin (LMT) Gross Margin (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Gross Margin for 18 consecutive years, with 11.53% the latest figure, recorded in 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 came in at 11.53% for Q1 2026 at Lockheed Martin, 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.
- Across the five-year window, Gross Margin tumbled 845 bps in 2024 and surged 772 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 12.12% in 2022, then grew by 0 bps to 12.16% in 2023, then sank by 70 bps to 3.71% in 2024, then soared by 208 bps to 11.43% in 2025, then rose by 1 bps to 11.53% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 11.53%, 11.43%, and 12.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 41.40% |
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% |