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
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%