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| Date | Value |
|---|---|
| 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 |