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

Lockheed Martin (LMT) has reported Tax Rate for 18 consecutive years, with 15.7% the latest figure, recorded in Q2 2026.

• Quarterly Tax Rate fell 228.0% year-over-year to 15.7% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 15.28% (up 125.0% YoY) and the FY2025 annual result came in at 15.28%, up 107.0% from the prior year.
• Tax Rate eased to 15.7% in Q2 2026 per LMT's latest filing, from 16.12% in the prior quarter.
• Over the last five years, Tax Rate for LMT reached as high as 17.99% in Q2 2025 and fell as low as 1.54% in Q4 2024.
• A 5-year average of 13.8% and a median of 15.54% in 2024 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2024 — Tax Rate slumped 1455 bps — and 2025, when it jumped 1376 bps.
• Year by year, Tax Rate stood at 12.69% in 2022, then gained by 2 bps to 13.01% in 2023, then tumbled by 112 bps to 1.54% in 2024, then surged by 892 bps to 12.21% in 2025, then rose by 29 bps to 15.7% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 15.7%, 16.12%, and 12.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.