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| Date | Value |
|---|---|
| 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% |