Lockheed Martin (LMT) Interest Coverage Ratio (2009 - 2026)
Lockheed Martin's Interest Coverage Ratio was 9.25 in Q3 2026, up 16.1% from 7.97 a year earlier but down 0.7% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lockheed Martin's Interest Coverage Ratio was 8.55 through Sep 27, 2026, up 53.2% year-over-year; for FY2025, it was 6.92, up 2.2% from FY2024.
- In earlier years, Interest Coverage Ratio was 6.77 in FY2024 (-27.1%), 9.29 in FY2023 (-30.7%), 13.40 in FY2022 (-16.4%) and 16.03 in FY2021 (+9.6%).
- Quarterly Interest Coverage Ratio has moved between 2.64 (Q4 2024) and 16.82 (Q4 2021) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last eight quarters, with growth averaging 39.7%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q2 2026 (growth of 241.4%); the worst was Q4 2024 (a decline of 70.8%).
- Per Business Quant data, LMT's Interest Coverage Ratio in the three quarters before Q3 2026 was 9.32 (Q2 2026), 7.67 (Q1 2026) and 8.04 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 295.17 Bn | 253.91 Bn | 5.02 Bn | -29.10 |
| 2 | Rtx | 257.77 Bn | 227.75 Bn | 5.81 Bn | - |
| 3 | Boeing | 148.82 Bn | 55.52 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 139.64 Bn | 123.87 Bn | 2.44 Bn | 9.25 |
| 5 | General Dynamics | 94.53 Bn | 81.64 Bn | 2.18 Bn | - |
| 6 | Motorola Solutions | 79.77 Bn | 76.13 Bn | 1.68 Bn | 7.42 |
| 7 | Northrop Grumman | 78.36 Bn | 65.81 Bn | 2.35 Bn | 8.03 |
| 8 | Howmet Aerospace | 74.35 Bn | 69.95 Bn | 951.00 Mn | - |
| 9 | Honeywell International | 70.09 Bn | 22.54 Bn | 3.65 Bn | 4.92 |
| 10 | TransDigm | 61.13 Bn | 49.21 Bn | 1.63 Bn | 2.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 9.25 |
| Jun 28, 2026 | 9.32 |
| Mar 29, 2026 | 7.67 |
| Dec 31, 2025 | 8.04 |
| Sep 28, 2025 | 7.97 |
| Jun 29, 2025 | 2.73 |
| Mar 30, 2025 | 8.85 |
| Dec 31, 2024 | 2.64 |
| Sep 29, 2024 | 8.36 |
| Jun 30, 2024 | 8.23 |
| Mar 31, 2024 | 7.96 |
| Dec 31, 2023 | 9.03 |
| Sep 24, 2023 | 8.62 |
| Jun 25, 2023 | 9.57 |
| Mar 26, 2023 | 10.08 |
| Dec 31, 2022 | 11.35 |
| Sep 25, 2022 | 14.89 |
| Jun 26, 2022 | 13.92 |
| Mar 27, 2022 | 14.32 |
| Dec 31, 2021 | 16.82 |
API Access
Lockheed Martin Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();