Lockheed Martin (LMT) Return on Capital Employed (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Return on Capital Employed of 24.71% for Q2 2026, up 689.0% year-on-year from 3.13% in Q2 2025, and up 24.7% on a QoQ basis from 19.82% in Q1 2026.
Lockheed Martin (LMT) Return on Capital Employed (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Return on Capital Employed for 18 consecutive years, with 24.71% the latest figure, recorded in Q2 2026.
- Quarterly Return on Capital Employed rose 689.0% year-over-year to 24.71% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 24.71% (up 689.0% YoY) and the FY2025 annual result came in at 22.48%, up 222.0% from the prior year.
- Return on Capital Employed improved to 24.71% in Q2 2026 per LMT's latest filing, from 19.82% in the prior quarter.
- Over the last five years, Return on Capital Employed for LMT reached as high as 25.25% in Q1 2022 and fell as low as 16.66% in Q3 2025.
- A 5-year average of 22.04% and a median of 22.73% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2025 — Return on Capital Employed slumped 631 bps — and 2026, when it jumped 689 bps.
- Year by year, Return on Capital Employed stood at 22.83% in 2022, then retreated by 1 bps to 22.61% in 2023, then declined by 14 bps to 19.4% in 2024, then climbed by 9 bps to 21.05% in 2025, then rose by 17 bps to 24.71% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 24.71%, 19.82%, and 21.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 5.60% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 9.62% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 8.25% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 24.71% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 23.50% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 13.87% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 6.15% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 19.95% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 12.10% |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 13.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 24.71% |
| Mar 29, 2026 | 19.82% |
| Dec 31, 2025 | 21.05% |
| Sep 28, 2025 | 16.66% |
| Jun 29, 2025 | 17.82% |
| Mar 30, 2025 | 21.04% |
| Dec 31, 2024 | 19.40% |
| Sep 29, 2024 | 22.97% |
| Jun 30, 2024 | 23.30% |
| Mar 31, 2024 | 23.60% |
| Dec 31, 2023 | 22.61% |
| Sep 24, 2023 | 21.47% |
| Jun 25, 2023 | 22.64% |
| Mar 26, 2023 | 22.99% |
| Dec 31, 2022 | 22.83% |
| Sep 25, 2022 | 23.94% |
| Jun 26, 2022 | 24.59% |
| Mar 27, 2022 | 25.25% |
| Dec 31, 2021 | 24.42% |
| Sep 26, 2021 | 24.24% |