Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Gross Margin of 12.19% for Q2 2026, up 815.0% year-on-year from 1.33% in Q2 2025, and up 5.73% on a QoQ basis from 11.53% in Q1 2026.
Lockheed Martin (LMT) Gross Margin (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Gross Margin for 18 consecutive years, with 12.19% the latest figure, recorded in Q2 2026.
- Quarterly Gross Margin rose 815.0% year-over-year to 12.19% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.8% (up 364.0% YoY) and the FY2025 annual result came in at 10.15%, up 40.0% from the prior year.
- Gross Margin climbed to 12.19% in Q2 2026 per LMT's latest filing, from 11.53% in the prior quarter.
- Over the last five years, Gross Margin for LMT reached as high as 13.53% in Q1 2023 and fell as low as 3.71% in Q4 2024.
- A 5-year average of 11.35% and a median of 12.15% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin sank 845 bps — and 2026, when it jumped 815 bps.
- Year by year, Gross Margin stood at 12.12% in 2022, then climbed by 0 bps to 12.16% in 2023, then plunged by 70 bps to 3.71% in 2024, then surged by 208 bps to 11.43% in 2025, then gained by 7 bps to 12.19% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 12.19%, 11.53%, and 11.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 41.40% |
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% |