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

Lockheed Martin's Tax Rate history runs 18 years deep, the most recent figure standing at 16.12% for 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 was 16.12% for Q1 2026 at Lockheed Martin, up from 12.21% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 17.99% in Q2 2025 to a low of 1.54% in Q4 2024.
• Historically, Tax Rate has averaged 13.68% across 5 years, with a median of 15.38% in 2024.
• The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1455 bps in 2024, then soared 1376 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 12.69% in 2022, then increased by 2 bps to 13.01% in 2023, then tumbled 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.
• 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.