Lockheed Martin (LMT) Gross Margin (2009 - 2025)

Lockheed Martin's Gross Margin history runs 17 years deep, the most recent figure standing at 10.15% for FY2025.

• 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 10.15% for FY2025 at Lockheed Martin, up from 9.75% in the prior year.
• In the past five years, Gross Margin ranged from a high of 13.52% in FY2021 to a low of 9.75% in FY2024.
• Historically, Gross Margin has averaged 11.71% across 5 years, with a median of 12.55% in 2023.
• The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 279 bps in 2024, then jumped 40 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 13.52% in 2021, then fell by 7 bps to 12.56% in 2022, then slipped by 0 bps to 12.55% in 2023, then slipped by 22 bps to 9.75% in 2024, then advanced by 4 bps to 10.15% in 2025.
• The last three Gross Margin figures came in at 10.15% (FY2025), 9.75% (FY2024), and 12.55% (FY2023), per Business Quant data.