Lockheed Martin LMT
NYSE LMT
$509.17 -2.97 (-0.58%)
At close: Sep 30, 2026 · 4:00 PM EDT

Lockheed Martin (LMT) Operating Expenses (2010 - 2025)

Updated

Lockheed Martin (LMT) recorded Operating Expenses of $66 million in FY2025, down 24.1% from $87 million in FY2024.

Analysis

Lockheed Martin (LMT) Operating Expenses (2010 - 2025) Analysis & Trends

Starting with FY2015, Lockheed Martin's Operating Expenses history includes 8 years.

  • Annual Operating Expenses has declined for three straight years, though with a five-year compound annual growth rate of 19.6% (FY2020 to FY2025).
  • The FY2025 figure is the lowest annual Operating Expenses since FY2020.
  • Per Business Quant data, LMT's Operating Expenses was $87 million in FY2024 (-5.4%), $92 million in FY2023 (-8.0%) and $100 million in FY2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 324.09 Bn 278.09 Bn 4.68 Bn 10.86 Bn
2 Rtx 250.22 Bn 223.44 Bn 5.13 Bn 21.96 Bn
3 Boeing 147.08 Bn 53.78 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 117.51 Bn 104.24 Bn 2.45 Bn -
5 Howmet Aerospace 90.46 Bn 86.07 Bn 951.00 Mn 156.00 Mn
6 General Dynamics 89.77 Bn 76.88 Bn 2.18 Bn 12.63 Bn
7 Motorola Solutions 73.88 Bn 70.24 Bn 1.68 Bn 756.00 Mn
8 Northrop Grumman 68.68 Bn 57.92 Bn 2.12 Bn 9.78 Bn
9 Honeywell International 66.86 Bn 19.30 Bn 3.65 Bn 1.87 Bn
10 TransDigm 59.83 Bn 47.91 Bn 1.63 Bn 332.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 29, 2025 66.00 Mn
Jun 30, 2024 87.00 Mn
Dec 31, 2023 92.00 Mn
Dec 31, 2020 27.00 Mn
Jun 24, 2018 96.00 Mn
Mar 27, 2016 80.00 Mn
Dec 31, 2015 67.00 Mn
Sep 27, 2015 15.00 Mn
Jun 26, 2011 256.00 Mn
Mar 27, 2011 299.00 Mn
Jun 27, 2010 149.00 Mn
Mar 28, 2010 177.00 Mn
API Access

Lockheed Martin Operating 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=operating-expenses&ticker=LMT&period=max&api_key=YOUR_API_KEY