Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Gross Margin of 12.19% for Q2 2026, up 815.0% year-over-year from 1.33% in Q2 2025, and up 5.73% quarter-over-quarter from 11.53% in Q1 2026.
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 12.19% for Q2 2026.
- In Q2 2026, Gross Margin rose 815.0% year-over-year to 12.19%; the TTM figure through Jun 2026 stood at 11.8% (up 364.0% YoY), while the FY2025 annual figure was 10.15%, up 40.0% from the prior year.
- Gross Margin for Q2 2026 stood at 12.19%, 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.
- The 5-year median for Gross Margin is 12.15% (2023), against an average of 11.35%.
- The sharpest annual moves came in 2024 and 2026: Gross Margin sank 845 bps in 2024, then surged 815 bps in 2026.
- Lockheed Martin's Gross Margin stood at 12.12% in 2022, then rose by 0 bps to 12.16% in 2023, then tumbled by 70 bps to 3.71% in 2024, then surged by 208 bps to 11.43% in 2025, then grew by 7 bps to 12.19% in 2026.
- Business Quant data shows LMT's Gross Margin at 12.19% in Q2 2026, 11.53% in Q1 2026, and 11.43% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 60.42% |
Historic Data
Download 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% |