Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
512.29
-1.06 (-0.21%)
At close: Apr 28, 2026, 4:00 PM EDT
512.94
+0.64 (0.13%)
After-hours: Apr 28, 2026, 7:59 PM EDT
Lockheed Martin Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 29, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 75,106 | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 | Upgrade
|
| Revenue Growth (YoY) | 4.59% | 5.64% | 5.14% | 2.40% | -1.58% | 2.52% | Upgrade
|
| Cost of Revenue | 67,666 | 67,363 | 64,026 | 59,000 | 57,597 | 57,947 | Upgrade
|
| Gross Profit | 7,440 | 7,685 | 7,017 | 8,571 | 8,387 | 9,097 | Upgrade
|
| Selling, General & Admin | 760 | 778 | -137 | -499 | 865 | 1,241 | Upgrade
|
| Other Operating Expenses | -20 | -84 | -27 | 12 | 53 | 35 | Upgrade
|
| Operating Expenses | 740 | 694 | -164 | -487 | 918 | 1,276 | Upgrade
|
| Operating Income | 6,700 | 6,991 | 7,181 | 9,058 | 7,469 | 7,821 | Upgrade
|
| Interest Expense | -1,119 | -1,118 | -1,036 | -916 | -623 | -569 | Upgrade
|
| Earnings From Equity Investments | 28 | 28 | 56 | 40 | 114 | 97 | Upgrade
|
| Other Non Operating Income (Expenses) | 62 | 32 | 84 | 72 | -66 | -28 | Upgrade
|
| EBT Excluding Unusual Items | 5,671 | 5,933 | 6,285 | 8,254 | 6,894 | 7,321 | Upgrade
|
| Merger & Restructuring Charges | - | - | - | -92 | -100 | -36 | Upgrade
|
| Gain (Loss) on Sale of Investments | 55 | 55 | 22 | -64 | -114 | 265 | Upgrade
|
| Asset Writedown | -66 | -66 | -87 | - | - | - | Upgrade
|
| Pretax Income | 5,660 | 5,922 | 6,220 | 8,098 | 6,680 | 7,550 | Upgrade
|
| Income Tax Expense | 867 | 905 | 884 | 1,178 | 948 | 1,235 | Upgrade
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| Earnings From Continuing Operations | 4,793 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 | Upgrade
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| Net Income | 4,793 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 | Upgrade
|
| Net Income to Common | 4,793 | 5,017 | 5,336 | 6,920 | 5,732 | 6,315 | Upgrade
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| Net Income Growth | -12.90% | -5.98% | -22.89% | 20.73% | -9.23% | -7.58% | Upgrade
|
| Shares Outstanding (Basic) | 232 | 233 | 238 | 250 | 264 | 276 | Upgrade
|
| Shares Outstanding (Diluted) | 232 | 234 | 239 | 251 | 265 | 277 | Upgrade
|
| Shares Change (YoY) | -2.18% | -2.38% | -4.78% | -5.06% | -4.61% | -1.35% | Upgrade
|
| EPS (Basic) | 20.70 | 21.56 | 22.39 | 27.65 | 21.74 | 22.85 | Upgrade
|
| EPS (Diluted) | 20.62 | 21.49 | 22.31 | 27.55 | 21.66 | 22.76 | Upgrade
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| EPS Growth | -11.00% | -3.67% | -19.02% | 27.19% | -4.83% | -6.35% | Upgrade
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| Free Cash Flow | 5,662 | 6,908 | 5,287 | 6,229 | 6,132 | 7,699 | Upgrade
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| Free Cash Flow Per Share | 24.36 | 29.59 | 22.10 | 24.80 | 23.18 | 27.75 | Upgrade
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| Dividend Per Share | 13.500 | 13.350 | 12.750 | 12.150 | 11.400 | 10.600 | Upgrade
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| Dividend Growth | 4.65% | 4.71% | 4.94% | 6.58% | 7.55% | 8.16% | Upgrade
|
| Gross Margin | 9.91% | 10.24% | 9.88% | 12.68% | 12.71% | 13.57% | Upgrade
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| Operating Margin | 8.92% | 9.31% | 10.11% | 13.41% | 11.32% | 11.67% | Upgrade
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| Profit Margin | 6.38% | 6.69% | 7.51% | 10.24% | 8.69% | 9.42% | Upgrade
|
| Free Cash Flow Margin | 7.54% | 9.21% | 7.44% | 9.22% | 9.29% | 11.48% | Upgrade
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| EBITDA | 7,995 | 8,285 | 8,394 | 10,225 | 8,620 | 9,010 | Upgrade
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| EBITDA Margin | 10.64% | 11.04% | 11.82% | 15.13% | 13.06% | 13.44% | Upgrade
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| D&A For EBITDA | 1,295 | 1,294 | 1,213 | 1,167 | 1,151 | 1,189 | Upgrade
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| EBIT | 6,700 | 6,991 | 7,181 | 9,058 | 7,469 | 7,821 | Upgrade
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| EBIT Margin | 8.92% | 9.31% | 10.11% | 13.41% | 11.32% | 11.67% | Upgrade
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| Effective Tax Rate | 15.32% | 15.28% | 14.21% | 14.55% | 14.19% | 16.36% | Upgrade
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| Revenue as Reported | 75,106 | 75,048 | 71,043 | 67,571 | 65,984 | 67,044 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.