Lockheed Martin (LMT) Return on Capital Employed (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Return on Capital Employed of 19.82% for Q1 2026, down 122.0% year-over-year from 90.09% in Q1 2025, and down 5.86% on a QoQ basis from 21.05% in Q4 2025.
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 19.82% the latest figure, recorded in 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 came in at 19.82% for Q1 2026 at Lockheed Martin, down from 21.05% in the prior quarter.
- The five-year high for Return on Capital Employed was 25.25% in Q1 2022, with the low at 16.66% in Q3 2025.
- Average Return on Capital Employed over 5 years is 21.88%, with a median of 22.64% recorded in 2023.
- The largest YoY upside for Return on Capital Employed was 165 bps in 2025 against a maximum downside of 631 bps in 2025.
- Year by year, Return on Capital Employed stood at 22.83% in 2022, then decreased by 1 bps to 22.61% in 2023, then fell by 14 bps to 19.4% in 2024, then grew by 9 bps to 21.05% in 2025, then retreated by 6 bps to 19.82% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 19.82%, 21.05%, and 16.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 7.00% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 8.75% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 14.01% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 19.82% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 23.50% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 19.95% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 6.49% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -10.40% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 12.10% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 13.72% |
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% |