Lockheed Martin (LMT) Net Margin (2009 - 2026)
Lockheed Martin (LMT) posted Net Margin of 9.15% for Q2 2026, up 10.83% on a QoQ basis from 8.26% in Q1 2026, and up 727.0% year-over-year from 1.11% in Q2 2025.
Analysis
Lockheed Martin (LMT) Net Margin (2009 - 2026) Analysis & Trends
Lockheed Martin has reported Net Margin for 18 years, with the latest figure at 9.15% in Q2 2026.
- On a quarterly basis, Net Margin rose 727.0% year-over-year to 9.15% in Q2 2026; TTM through Jun 2026 was 8.16%, a 231.0% increase from a year earlier, with the FY2025 full-year figure at 6.69%, down 83.0% from the prior year.
- Net Margin was 9.15% for Q2 2026 at Lockheed Martin, up from 8.26% in the prior quarter.
- The five-year high for Net Margin was 11.58% in Q1 2022, with the low at 1.88% in Q2 2025.
- Average Net Margin over 5 years is 8.33%, with a median of 9.32% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 866 bps in 2022, then jumped 807 bps in 2023.
- Over 5 years, Net Margin stood at 10.07% in 2022, then decreased by 2 bps to 9.89% in 2023, then sank by 71 bps to 2.83% in 2024, then surged by 134 bps to 6.61% in 2025, then surged by 38 bps to 9.15% in 2026.
- The last three Net Margin figures came in at 9.15% (Q2 2026), 8.26% (Q1 2026), and 6.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 9.15% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 8.23% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 17.81% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 10.06% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 9.96% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 7.59% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 15.14% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 16.36% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 7.81% |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 5.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 9.15% |
| Mar 29, 2026 | 8.26% |
| Dec 31, 2025 | 6.61% |
| Sep 28, 2025 | 8.70% |
| Jun 29, 2025 | 1.88% |
| Mar 30, 2025 | 9.53% |
| Dec 31, 2024 | 2.83% |
| Sep 29, 2024 | 9.49% |
| Jun 30, 2024 | 9.06% |
| Mar 31, 2024 | 8.99% |
| Dec 31, 2023 | 9.89% |
| Sep 24, 2023 | 9.98% |
| Jun 25, 2023 | 10.07% |
| Mar 26, 2023 | 11.17% |
| Dec 31, 2022 | 10.07% |
| Sep 25, 2022 | 10.72% |
| Jun 26, 2022 | 2.00% |
| Mar 27, 2022 | 11.58% |
| Dec 31, 2021 | 11.56% |
| Sep 26, 2021 | 3.83% |