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
DateValue
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%