Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) recorded Gross Margin of 12.19% in Q2 2026, up 8.15 percentage points from 4.04% a year earlier and up 0.66 percentage points from the prior quarter.
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Analysis
Lockheed Martin (LMT) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Lockheed Martin's Gross Margin came in at 11.80% as of Jun 28, 2026, up 3.64 percentage points year-over-year; for FY2025, it was 10.15%, up 0.40 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -3.08 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 9.75% in FY2024 (-2.79 pp), 12.55% in FY2023 (-0.01 pp), 12.56% in FY2022 (-0.96 pp) and 13.52% in FY2021 (+0.28 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q1 2025.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -0.06 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 8.15 percentage points in Q2 2026, against a drop of 8.45 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.53% (Q1 2026), 11.43% (Q4 2025) and 12.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 37.59% |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 59.39% |
Historic Data
Download Data
Historic 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% |
API Access
Lockheed Martin Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();