Lockheed Martin (LMT) Tax Provisions (2009 - 2026)
Lockheed Martin (LMT) posted Tax Provisions of $342 million for Q2 2026, up 356.0% from $75 million a year earlier and up 19.6% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Tax Provisions (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Tax Provisions at Lockheed Martin was $1.13 billion, up 65.3% year-over-year; for FY2025, it was $905 million, up 2.4% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- In prior years, Lockheed Martin's Tax Provisions was $884 million in FY2024 (-25.0%), $1.18 billion in FY2023 (+24.3%), $948 million in FY2022 (-23.2%) and $1.24 billion in FY2021 (-8.3%).
- The Q2 2026 figure stands as the highest quarterly Tax Provisions since Q4 2021.
- On a year-over-year basis, Tax Provisions increased in four of the last six quarters, with growth averaging 49.7%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2022, with growth of 393.8%; the weakest was Q2 2022, with a decline of 94.1%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $286 million (Q1 2026), $187 million (Q4 2025) and $319 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 407.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 493.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 247.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 184.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 74.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.58 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 173.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 342.00 Mn |
| Mar 29, 2026 | 286.00 Mn |
| Dec 31, 2025 | 187.00 Mn |
| Sep 28, 2025 | 319.00 Mn |
| Jun 29, 2025 | 75.00 Mn |
| Mar 30, 2025 | 324.00 Mn |
| Dec 31, 2024 | -8.00 Mn |
| Sep 29, 2024 | 295.00 Mn |
| Jun 30, 2024 | 307.00 Mn |
| Mar 31, 2024 | 290.00 Mn |
| Dec 31, 2023 | 279.00 Mn |
| Sep 24, 2023 | 269.00 Mn |
| Jun 25, 2023 | 325.00 Mn |
| Mar 26, 2023 | 305.00 Mn |
| Dec 31, 2022 | 278.00 Mn |
| Sep 25, 2022 | 321.00 Mn |
| Jun 26, 2022 | 21.00 Mn |
| Mar 27, 2022 | 328.00 Mn |
| Dec 31, 2021 | 441.00 Mn |
| Sep 26, 2021 | 65.00 Mn |
API Access
Lockheed Martin Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();