Lockheed Martin LMT
NYSE LMT
$524.53 -11.62 (-2.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

Lockheed Martin (LMT) Operating Margin (2009 - 2026)

Lockheed Martin (LMT) posted Operating Margin of 12.36% for Q2 2026, up 7.93% on a QoQ basis from 11.45% in Q1 2026, and up 824.0% year-over-year from 1.34% in Q2 2025.

Analysis

Lockheed Martin (LMT) Operating Margin (2009 - 2026) Analysis & Trends

Lockheed Martin has reported Operating Margin for 18 years, with the latest figure at 12.36% in Q2 2026.

  • On a quarterly basis, Operating Margin rose 824.0% year-over-year to 12.36% in Q2 2026; TTM through Jun 2026 was 11.88%, a 359.0% increase from a year earlier, with the FY2025 full-year figure at 10.3%, up 43.0% from the prior year.
  • Operating Margin was 12.36% for Q2 2026 at Lockheed Martin, up from 11.45% in the prior quarter.
  • The five-year high for Operating Margin was 13.47% in Q1 2023, with the low at 3.74% in Q4 2024.
  • Average Operating Margin over 5 years is 11.44%, with a median of 12.2% recorded in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Margin slumped 841 bps in 2024, then jumped 824 bps in 2026.
  • Over 5 years, Operating Margin stood at 12.07% in 2022, then gained by 1 bps to 12.15% in 2023, then slumped by 69 bps to 3.74% in 2024, then jumped by 207 bps to 11.47% in 2025, then rose by 8 bps to 12.36% in 2026.
  • The last three Operating Margin figures came in at 12.36% (Q2 2026), 11.45% (Q1 2026), and 11.47% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn 12.36%
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn 10.36%
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn 25.82%
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn 10.08%
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn 11.12%
6 Elbit Systems 32.88 Bn 31.92 Bn 579.01 Mn 9.57%
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn 20.04%
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn 19.34%
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn 11.28%
10 Caci International 13.78 Bn 13.58 Bn 913.55 Mn 10.05%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 12.36%
Mar 29, 2026 11.45%
Dec 31, 2025 11.47%
Sep 28, 2025 12.25%
Jun 29, 2025 4.12%
Mar 30, 2025 13.20%
Dec 31, 2024 3.74%
Sep 29, 2024 12.51%
Jun 30, 2024 11.85%
Mar 31, 2024 11.80%
Dec 31, 2023 12.15%
Sep 24, 2023 12.10%
Jun 25, 2023 12.79%
Mar 26, 2023 13.47%
Dec 31, 2022 12.07%
Sep 25, 2022 13.02%
Jun 26, 2022 12.71%
Mar 27, 2022 12.92%
Dec 31, 2021 13.85%
Sep 26, 2021 14.31%