Lockheed Martin (LMT) Interest Coverage Ratio (2009 - 2026)

Lockheed Martin (LMT) posted quarterly Interest Coverage Ratio of 2.07 for Q2 2026, up 231.42% year-on-year from 0.62 in Q2 2025, and up 20.16% on a QoQ basis from 1.72 in Q1 2026.

Lockheed Martin (LMT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Lockheed Martin (LMT) has reported Interest Coverage Ratio for 18 consecutive years, with 2.07 the latest figure, recorded in Q2 2026.

  • Quarterly Interest Coverage Ratio rose 231.42% year-over-year to 2.07 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.63 (up 53.68% YoY) and the FY2025 annual result came in at 5.95, up 10.24% from the prior year.
  • Interest Coverage Ratio rose to 2.07 in Q2 2026 per LMT's latest filing, from 1.72 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for LMT reached as high as 15.09 in Q4 2022 and fell as low as 0.62 in Q2 2025.
  • A 5-year average of 3.04 and a median of 1.71 in 2026 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2024 — Interest Coverage Ratio tumbled 70.8% — and 2026, when it surged 231.42%.
  • Year by year, Interest Coverage Ratio stood at 15.09 in 2022, then sank by 40.16% to 9.03 in 2023, then slumped by 70.8% to 2.64 in 2024, then surged by 87.32% to 4.94 in 2025, then plunged by 58.17% to 2.07 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.07, 1.72, and 4.94 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 General Electric 368.87 Bn 359.52 Bn -3.10 Bn -5.05
2 Rtx 286.73 Bn 278.42 Bn 9.91 Bn 1.76
3 Boeing 169.21 Bn 149.19 Bn 2.41 Bn 0.26
4 Lockheed Martin 131.65 Bn 127.86 Bn 2.45 Bn 2.07
5 Howmet Aerospace 111.58 Bn 109.15 Bn 854.00 Mn -
6 General Dynamics 102.31 Bn 97.98 Bn 6.76 Bn 26.07
7 Northrop Grumman 75.66 Bn 73.35 Bn 3.72 Bn 6.81
8 TransDigm 72.31 Bn 68.42 Bn 1.51 Bn 2.43
9 L3Harris Technologies 50.64 Bn 50.05 Bn 1.40 Bn 1.69
10 Heico 49.30 Bn 49.09 Bn 569.53 Mn 2.47

Historic Data

Download Data
DateValue
Jun 28, 2026 2.07
Mar 29, 2026 1.72
Dec 31, 2025 4.94
Sep 28, 2025 1.90
Jun 29, 2025 0.62
Mar 30, 2025 1.82
Dec 31, 2024 2.64
Sep 29, 2024 1.65
Jun 30, 2024 1.65
Mar 31, 2024 1.56
Dec 31, 2023 9.03
Sep 24, 2023 1.57
Jun 25, 2023 1.64
Mar 26, 2023 1.70
Dec 31, 2022 15.09
Sep 25, 2022 1.80
Jun 26, 2022 1.64
Mar 27, 2022 1.61
Dec 31, 2021 5.19
Sep 26, 2021 2.09