Lockheed Martin (LMT) Total Debt (2009 - 2026)
Lockheed Martin's Total Debt came in at $20.54 billion for Q2 2026, down 5.1% from $21.64 billion a year earlier and down 0.8% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Lockheed Martin's Total Debt was $21.7 billion, up 7.1% from FY2024.
- Total Debt has increased in each of the last four years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, Total Debt was $20.27 billion in FY2024 (+16.1%), $17.46 billion in FY2023 (+12.3%), $15.55 billion in FY2022 (+33.2%) and $11.68 billion in FY2021 (-4.1%).
- The Q2 2026 figure represents the lowest quarterly Total Debt since Q1 2025.
- Year-over-year, Total Debt increased in seven of the last eight quarters, with growth averaging 7.9%.
- The fastest year-over-year change in Total Debt over five years came in Q3 2023 (growth of 51.5%), and the weakest in Q3 2021 (a decline of 7.9%).
- Business Quant data shows LMT's Total Debt at $20.7 billion (Q1 2026), $21.7 billion (Q4 2025) and $22.19 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 19.16 Bn |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 37.38 Bn |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 45.90 Bn |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 20.54 Bn |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 4.95 Bn |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 7.52 Bn |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 9.03 Bn |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 14.43 Bn |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 34.01 Bn |
| 10 | TransDigm | 60.79 Bn | 48.88 Bn | 1.63 Bn | 33.49 Bn |
Historic Data
Download Data
Historic 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 | 20.27 Bn |
| Sep 29, 2024 | 19.32 Bn |
| Jun 30, 2024 | 19.26 Bn |
| Mar 31, 2024 | 19.42 Bn |
| Dec 31, 2023 | 17.46 Bn |
| Sep 24, 2023 | 17.39 Bn |
| Jun 25, 2023 | 17.55 Bn |
| Mar 26, 2023 | 15.60 Bn |
| Dec 31, 2022 | 15.55 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 |
API Access
Lockheed Martin Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();