Lockheed Martin (LMT) Return on Capital Employed (2009 - 2026)

Lockheed Martin (LMT) recorded quarterly Return on Capital Employed of 19.82% in Q1 2026, down 5.86% quarter-over-quarter from 21.05% in Q4 2025, and down 122.0% on a YoY basis from 90.09% in Q1 2025.

Lockheed Martin (LMT) Return on Capital Employed (2009 - 2026) Analysis & Trends

Lockheed Martin's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 19.82% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 122.0% year-over-year to 19.82%; the TTM figure through Mar 2026 stood at 19.82% (down 122.0% YoY), while the FY2025 annual figure was 22.48%, up 222.0% from the prior year.
  • Return on Capital Employed was 19.82% for Q1 2026 at Lockheed Martin, down from 21.05% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 25.25% in Q1 2022 to a low of 16.66% in Q3 2025.
  • Historically, Return on Capital Employed has averaged 21.88% across 5 years, with a median of 22.64% in 2023.
  • Biggest YoY gain for Return on Capital Employed was 165 bps in 2025; the steepest drop was 631 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 22.83% in 2022, then declined by 1 bps to 22.61% in 2023, then slipped by 14 bps to 19.4% in 2024, then gained by 9 bps to 21.05% in 2025, then dropped by 6 bps to 19.82% in 2026.
  • The last three Return on Capital Employed figures came in at 19.82% (Q1 2026), 21.05% (Q4 2025), and 16.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -265.55%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -9.24%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 8.75%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 7.00%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 19.82%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 23.50%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 14.01%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 6.49%
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 19.95%

Historic Data

Download Data
DateValue
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%
Jun 27, 2021 24.12%