KPIs & Operating Metrics(New)
Growth Metrics

Lockheed Martin (LMT) Tax Rate (2009 - 2026)

Lockheed Martin's quarterly Tax Rate came in at 16.12% in Q1 2026, up 21.0% year-on-year from 13.32% in Q1 2025, and up 31.99% quarter-over-quarter from 12.21% in Q4 2025.

Lockheed Martin has reported Tax Rate for 18 years, with the latest figure at 16.12% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 21.0% year-over-year to 16.12%; the trailing twelve-month figure through Mar 2026 stood at 15.32% (up 102.0% YoY), and the FY2025 full-year result was 15.28%, up 107.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 16.12%, up from 12.21% in the prior quarter.
  • The five-year high for Tax Rate was 17.99% in Q2 2025, with the low at 1.54% in Q4 2024.
  • Average Tax Rate over 5 years is 13.68%, with a median of 15.38% recorded in 2024.
  • Year-over-year, Tax Rate tumbled 1455 bps in 2024 and surged 1376 bps in 2025.
  • Tracing LMT's Tax Rate over 5 years: stood at 12.69% in 2022, then rose by 2 bps to 13.01% in 2023, then slumped by 112 bps to 1.54% in 2024, then jumped by 892 bps to 12.21% in 2025, then surged by 32 bps to 16.12% in 2026.
  • The last three Tax Rate figures came in at 16.12% (Q1 2026), 12.21% (Q4 2025), and 16.46% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 11.46
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 14.40
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 126.92
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 16.12
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 18.08
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 17.82
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 3.83
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 15.05
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 23.43
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn 21.62

Historic Data

Download Data 🔒
DateValue
Mar 29, 2026 16.12
Mar 29, 2026 16.12
Dec 31, 2025 12.21
Dec 31, 2025 12.21
Sep 28, 2025 16.46
Sep 28, 2025 16.46
Jun 29, 2025 17.99
Jun 29, 2025 17.99
Mar 30, 2025 15.91
Mar 30, 2025 15.91
Dec 31, 2024 -1.54
Dec 31, 2024 -1.54
Sep 29, 2024 15.38
Sep 29, 2024 15.38
Jun 30, 2024 15.76
Jun 30, 2024 15.76
Mar 31, 2024 15.80
Mar 31, 2024 15.80
Dec 31, 2023 13.01
Dec 31, 2023 13.01
Sep 24, 2023 13.77
Sep 24, 2023 13.77
Jun 25, 2023 16.20
Jun 25, 2023 16.20
Mar 26, 2023 15.30
Mar 26, 2023 15.30
Dec 31, 2022 12.69
Dec 31, 2022 12.69
Sep 25, 2022 15.29
Sep 25, 2022 15.29
Jun 26, 2022 6.36
Jun 26, 2022 6.36
Mar 27, 2022 15.91
Mar 27, 2022 15.91
Dec 31, 2021 17.71
Dec 31, 2021 17.71
Sep 26, 2021 9.57
Sep 26, 2021 9.57
Jun 27, 2021 16.36
Jun 27, 2021 16.36
Mar 28, 2021 16.92
Mar 28, 2021 16.92
Dec 31, 2020 18.06
Dec 31, 2020 18.06
Sep 27, 2020 14.74
Sep 27, 2020 14.74
Jun 28, 2020 17.13
Jun 28, 2020 17.13
Mar 29, 2020 15.42
Mar 29, 2020 15.42
Dec 31, 2019 18.23
Dec 31, 2019 18.23
Sep 29, 2019 9.71
Sep 29, 2019 9.71
Jun 30, 2019 15.63
Jun 30, 2019 15.63
Mar 31, 2019 12.39
Mar 31, 2019 12.39
Dec 31, 2018 15.51
Dec 31, 2018 15.51
Sep 30, 2018 6.48
Sep 30, 2018 6.48
Jun 24, 2018 18.10
Jun 24, 2018 18.10
Mar 25, 2018 14.93
Mar 25, 2018 14.93
Dec 31, 2017 151.97
Dec 31, 2017 151.97
Sep 24, 2017 25.75
Sep 24, 2017 25.75
Jun 25, 2017 28.84
Jun 25, 2017 28.84
Mar 26, 2017 23.77
Mar 26, 2017 23.77
Dec 31, 2016 22.80
Dec 31, 2016 22.80
Sep 25, 2016 23.69
Sep 25, 2016 23.69
Jun 26, 2016 25.70
Jun 26, 2016 25.70
Mar 27, 2016 18.91
Mar 27, 2016 18.91
Dec 31, 2015 16.80
Dec 31, 2015 16.80
Sep 27, 2015 30.58
Sep 27, 2015 30.58
Jun 28, 2015 30.83
Jun 28, 2015 30.83
Mar 29, 2015 30.65
Mar 29, 2015 30.65
Dec 31, 2014 -168.54
Dec 31, 2014 -168.54
Sep 28, 2014 32.27
Sep 28, 2014 32.27
Jun 29, 2014 33.71
Jun 29, 2014 33.71
Mar 30, 2014 30.79
Mar 30, 2014 30.79
Dec 31, 2013 34.58
Dec 31, 2013 34.58
Sep 29, 2013 28.22
Sep 29, 2013 28.22
Jun 30, 2013 29.07
Jun 30, 2013 29.07
Mar 31, 2013 25.76
Mar 31, 2013 25.76
Dec 31, 2012 39.04
Dec 31, 2012 39.04
Sep 30, 2012 30.50
Sep 30, 2012 30.50
Jun 24, 2012 30.08
Jun 24, 2012 30.08
Mar 25, 2012 29.76
Mar 25, 2012 29.76
Dec 31, 2011 23.29
Dec 31, 2011 23.29
Sep 25, 2011 29.93
Sep 25, 2011 29.93
Jun 26, 2011 18.52
Jun 26, 2011 18.52
Mar 27, 2011 30.33
Mar 27, 2011 30.33
Dec 31, 2010 22.25
Dec 31, 2010 22.25
Sep 26, 2010 32.81
Sep 26, 2010 32.81
Jun 27, 2010 29.31
Jun 27, 2010 29.31
Mar 28, 2010 40.96
Mar 28, 2010 40.96
Dec 31, 2009 29.23
Dec 31, 2009 29.23
Sep 27, 2009 25.00
Sep 27, 2009 25.00
Jun 28, 2009 30.38
Jun 28, 2009 30.38
Mar 29, 2009 31.90
Mar 29, 2009 31.90