Lockheed Martin (LMT) Gross Margin (2009 - 2026)
Lockheed Martin (LMT) recorded quarterly Gross Margin of 11.53% in Q1 2026, up 0.91% quarter-over-quarter from 11.43% in Q4 2025, and down 140.0% on a YoY basis from 28.83% in Q1 2025.
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 11.53% for 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 was 11.53% for Q1 2026 at Lockheed Martin, up from 11.43% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 13.53% in Q1 2023 to a low of 3.71% in Q4 2024.
- Historically, Gross Margin has averaged 11.3% across 5 years, with a median of 12.13% in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 845 bps in 2024, then surged 772 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 12.12% in 2022, then gained by 0 bps to 12.16% in 2023, then plunged by 70 bps to 3.71% in 2024, then soared by 208 bps to 11.43% in 2025, then climbed by 1 bps to 11.53% in 2026.
- The last three Gross Margin figures came in at 11.53% (Q1 2026), 11.43% (Q4 2025), and 12.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 29.53% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 73.52% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 41.11% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 11.46% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.53% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 36.92% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 67.40% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 34.90% |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 59.39% |
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% |