Lockheed Martin (LMT) Interest Expenses (2009 - 2026)
Lockheed Martin's Interest Expenses came in at $266 million for Q2 2026, down 2.9% from $274 million a year earlier and down 1.1% from the prior quarter.
Powered by 
Analysis
Lockheed Martin (LMT) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Lockheed Martin reported Interest Expenses of $1.11 billion, up 4.6% year-over-year; for FY2025, it came in at $1.12 billion, up 7.9% from FY2024.
- Interest Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $1.04 billion in FY2024 (+13.1%), $916 million in FY2023 (+47.0%), $623 million in FY2022 (+9.5%) and $569 million in FY2021 (-3.7%).
- The Q2 2026 figure represents the lowest quarterly Interest Expenses since Q4 2024.
- Year-over-year, Interest Expenses increased in seven of the last eight quarters, with growth averaging 5.1%.
- The fastest year-over-year change in Interest Expenses over five years came in Q3 2023 (growth of 63.4%), and the weakest in Q1 2022 (a decline of 3.6%).
- Business Quant data shows LMT's Interest Expenses at $269 million (Q1 2026), $290 million (Q4 2025) and $286 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 215.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | - |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 600.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 266.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 109.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 161.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 363.00 Mn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 514.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 266.00 Mn |
| Mar 29, 2026 | 269.00 Mn |
| Dec 31, 2025 | 290.00 Mn |
| Sep 28, 2025 | 286.00 Mn |
| Jun 29, 2025 | 274.00 Mn |
| Mar 30, 2025 | 268.00 Mn |
| Dec 31, 2024 | 264.00 Mn |
| Sep 29, 2024 | 256.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Dec 31, 2023 | 254.00 Mn |
| Sep 24, 2023 | 237.00 Mn |
| Jun 25, 2023 | 223.00 Mn |
| Mar 26, 2023 | 202.00 Mn |
| Dec 31, 2022 | 202.00 Mn |
| Sep 25, 2022 | 145.00 Mn |
| Jun 26, 2022 | 141.00 Mn |
| Mar 27, 2022 | 135.00 Mn |
| Dec 31, 2021 | 146.00 Mn |
| Sep 26, 2021 | 141.00 Mn |
API Access
Lockheed Martin Interest Expenses 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-expenses&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();