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