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

Lockheed Martin (LMT) has reported Tax Rate for 18 consecutive years, with 16.12% the latest figure, recorded in Q1 2026.

• In Q1 2026, Tax Rate rose 21.0% year-over-year to 16.12%; the TTM figure through Mar 2026 stood at 15.32% (up 102.0% YoY), while the FY2025 annual figure was 15.28%, up 107.0% from the prior year.
• Tax Rate came in at 16.12% for Q1 2026 at Lockheed Martin, 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.
• Across the five-year window, Tax Rate plunged 1455 bps in 2024 and soared 1376 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 12.69% in 2022, then advanced by 2 bps to 13.01% in 2023, then plunged by 112 bps to 1.54% in 2024, then soared by 892 bps to 12.21% in 2025, then jumped by 32 bps to 16.12% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 16.12%, 12.21%, and 16.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.