Lockheed Martin (LMT) Long-Term Deferred Tax (2009 - 2026)
Lockheed Martin (LMT) reported Long-Term Deferred Tax of $1.82 billion for Q3 2026, down 46.7% from $3.41 billion a year earlier and down 24.6% from the prior quarter.
Lockheed Martin (LMT) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Lockheed Martin posted Long-Term Deferred Tax of $2.98 billion, down 16.4% from FY2024.
- Long-Term Deferred Tax has a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- By year, Long-Term Deferred Tax came in at $3.56 billion in FY2024 (+20.5%), $2.95 billion in FY2023 (-21.1%), $3.74 billion in FY2022 (+63.5%) and $2.29 billion in FY2021 (-34.1%).
- The Q3 2026 figure ranks as the lowest quarterly Long-Term Deferred Tax in data going back to Q2 2009.
- Year over year, Long-Term Deferred Tax has now declined in each of the last four quarters, with an average decline of 5.6% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q2 2023 (growth of 68.6%); the low point was Q3 2026 (a decline of 46.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.41 billion (Q2 2026), $2.8 billion (Q1 2026) and $2.98 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 1.82 Bn |
| Jun 28, 2026 | 2.41 Bn |
| Mar 29, 2026 | 2.80 Bn |
| Dec 31, 2025 | 2.98 Bn |
| Sep 28, 2025 | 3.41 Bn |
| Jun 29, 2025 | 4.07 Bn |
| Mar 30, 2025 | 3.57 Bn |
| Dec 31, 2024 | 3.56 Bn |
| Sep 29, 2024 | 3.11 Bn |
| Jun 30, 2024 | 3.08 Bn |
| Mar 31, 2024 | 3.02 Bn |
| Dec 31, 2023 | 2.95 Bn |
| Sep 24, 2023 | 4.87 Bn |
| Jun 25, 2023 | 4.52 Bn |
| Mar 26, 2023 | 4.18 Bn |
| Dec 31, 2022 | 3.74 Bn |
| Sep 25, 2022 | 3.12 Bn |
| Jun 26, 2022 | 2.68 Bn |
| Mar 27, 2022 | 2.69 Bn |
| Dec 31, 2021 | 2.29 Bn |
Lockheed Martin Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=LMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();