Lockheed Martin (LMT) Total Debt (2009 - 2026)
Lockheed Martin (LMT) posted quarterly Total Debt of $20.5 billion for Q2 2026, down 5.08% year-on-year from $21.6 billion in Q2 2025, and down 0.77% on a QoQ basis from $20.7 billion in Q1 2026.
Lockheed Martin (LMT) Total Debt (2009 - 2026) Analysis & Trends
Lockheed Martin (LMT) has reported Total Debt for 18 consecutive years, with $20.5 billion the latest figure, recorded in Q2 2026.
- Quarterly Total Debt fell 5.08% year-over-year to $20.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $20.5 billion (down 5.08% YoY) and the FY2025 annual result came in at $21.7 billion, up 3.76% from the prior year.
- Total Debt fell to $20.5 billion in Q2 2026 per LMT's latest filing, from $20.7 billion in the prior quarter.
- Over the last five years, Total Debt for LMT reached as high as $22.2 billion in Q3 2025 and fell as low as $11.5 billion in Q3 2022.
- A 5-year average of $18.0 billion and a median of $19.3 billion in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2023 — Total Debt soared 51.47% — and 2026, when it dropped 5.08%.
- Year by year, Total Debt stood at $15.7 billion in 2022, then rose by 12.52% to $17.6 billion in 2023, then increased by 18.64% to $20.9 billion in 2024, then climbed by 3.76% to $21.7 billion in 2025, then decreased by 5.35% to $20.5 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $20.5 billion, $20.7 billion, and $21.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.11 Bn | 363.77 Bn | -3.10 Bn | 19.16 Bn |
| 2 | Rtx | 288.23 Bn | 279.93 Bn | 9.91 Bn | 37.15 Bn |
| 3 | Boeing | 167.89 Bn | 147.87 Bn | 2.41 Bn | 50.16 Bn |
| 4 | Lockheed Martin | 132.16 Bn | 128.37 Bn | 2.45 Bn | 20.54 Bn |
| 5 | Howmet Aerospace | 112.88 Bn | 110.45 Bn | 854.00 Mn | 4.24 Bn |
| 6 | General Dynamics | 102.49 Bn | 98.16 Bn | 6.76 Bn | 7.52 Bn |
| 7 | Northrop Grumman | 75.87 Bn | 73.56 Bn | 3.72 Bn | 14.43 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 31.41 Bn |
| 9 | L3Harris Technologies | 50.89 Bn | 50.30 Bn | 1.40 Bn | 11.01 Bn |
| 10 | Heico | 49.64 Bn | 49.43 Bn | 569.53 Mn | 2.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 20.54 Bn |
| Mar 29, 2026 | 20.70 Bn |
| Dec 31, 2025 | 21.70 Bn |
| Sep 28, 2025 | 22.19 Bn |
| Jun 29, 2025 | 21.64 Bn |
| Mar 30, 2025 | 20.30 Bn |
| Dec 31, 2024 | 20.91 Bn |
| Sep 29, 2024 | 19.32 Bn |
| Jun 30, 2024 | 19.26 Bn |
| Mar 31, 2024 | 19.42 Bn |
| Dec 31, 2023 | 17.63 Bn |
| Sep 24, 2023 | 17.39 Bn |
| Jun 25, 2023 | 17.55 Bn |
| Mar 26, 2023 | 15.60 Bn |
| Dec 31, 2022 | 15.67 Bn |
| Sep 25, 2022 | 11.48 Bn |
| Jun 26, 2022 | 11.64 Bn |
| Mar 27, 2022 | 11.65 Bn |
| Dec 31, 2021 | 11.68 Bn |
| Sep 26, 2021 | 11.67 Bn |