Lockheed Martin Corporation

Lockheed Martin Corporation

LMTยทNYSE

$512.03

-0.27%
IndustrialsAerospace & Defense

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

At a Glance

Live Snapshot
Market Cap$118.06B
EPS21.5600
P/E Ratio23.75
Earnings Date07/28/2026
3Y+14.0%
5Y+15.0%
10Y+59.0%
3Y-12.0%
5Y-27.0%
10Y-5.0%
3Y+10.0%
5Y+5.0%
10Y+65.0%
Lockheed Martin Corporation

Lockheed Martin Corporation Profit Bridge

LMT ยท NYSE
Revenue75.06B
Cost of Goods Sold (67.43B)
Gross Profit7.62B
Operating Expenses (-112.00M)
Operating Income7.73B
Interest Expense (1.12B)
Other Income/Expense-1.81B
Pretax Income5.92B
Income Tax (905.00M)
Net Income5.02B
Net Income
5.02B

Profitability Analysis

Gross Margin

10.2%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

10.3%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

6.7%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

15.3%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Lockheed Martin Corporation Income Statement

LMT โ€ข NYSE

Lockheed Martin Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
75.1B
71B
67.6B
66B
67B
65.4B
59.8B
53.8B
50B
47.3B
40.5B
39.9B
45.4B
47.2B
46.5B
45.8B
45.2B
42.7B
41.9B
39.6B
GROSS PROFIT
(67.4B)
(64.1B)
(59.1B)
(57.7B)
(58B)
(56.7B)
(51.4B)
(46.4B)
(43.6B)
(41.9B)
(36B)
(35.3B)
(40.8B)
(42.9B)
(42.8B)
(42B)
(41B)
(38.1B)
(37.6B)
(36.2B)
7.6B
6.9B
8.5B
8.3B
9.1B
8.7B
8.4B
7.4B
6.4B
5.4B
4.5B
4.7B
4.6B
4.2B
3.7B
3.8B
4.2B
4.6B
4.2B
3.4B
OPERATING INCOME
-112M
-83M
-28M
-61M
-62M
(10M)
-178M
-60M
-373M
-487M
-220M
-329M
-318M
-238M
-276M
-261M
(242M)
(482M)
(293M)
(519M)
(50M)
(137M)
(499M)
(865M)
(1.2B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2B)
(1.6B)
(1.5B)
(1.7B)
(1.5B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(697M)
(616M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
7.7B
7B
8.5B
8.3B
9.1B
8.6B
8.5B
7.3B
6.7B
5.9B
4.7B
5.6B
4.5B
4.4B
4B
4.1B
4.5B
5.1B
4.5B
4B
PRE-TAX INCOME
(1.1B)
(1B)
(916M)
(623M)
(569M)
(591M)
(653M)
(668M)
(651M)
(663M)
(443M)
(340M)
(350M)
(383M)
(354M)
(345M)
(305M)
(341M)
(352M)
(361M)
-1.1B
-1B
-916M
-623M
-569M
-591M
-653M
-668M
-651M
-663M
-443M
-340M
-350M
-383M
-354M
-345M
-308M
-332M
-352M
-361M
-2.2B
-1.8B
-2B
-2.6B
-2.8B
(10M)
-178M
-60M
(372M)
-487M
-220M
-329M
-318M
(259M)
(0.0)
(0.0)
(242M)
(482M)
(293M)
(519M)
-1.8B
-793M
-409M
-1.7B
-1.6B
-409M
-1.3B
-1.5B
-1.5B
-1.1B
-413M
-334M
-350M
-362M
-349M
-271M
-83M
-423M
-159M
158M
5.9B
6.2B
8.1B
6.7B
7.6B
8.2B
7.2B
5.8B
5.3B
4.9B
5B
5.3B
4.2B
4.1B
3.6B
3.8B
4.3B
4.7B
4.4B
3.6B
NET INCOME
(905M)
(884M)
(1.2B)
(948M)
(1.2B)
(1.3B)
(1B)
(792M)
(3.3B)
(1.1B)
(1.4B)
(1.6B)
(1.2B)
(1.3B)
(964M)
(1.2B)
(1.3B)
(1.5B)
(1.3B)
(1.1B)
5B
5.3B
6.9B
5.7B
6.3B
6.8B
6.2B
5B
2B
5.3B
3.6B
3.6B
3B
2.7B
2.7B
2.9B
3B
3.2B
3B
2.5B

SEC Filings

LMT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 13, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 23, 2026
March 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 12, 2026
2026
10-K

10-K 2025 FY

FY

January 29, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 09, 2025
December 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 21, 2025
September 28, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 21, 2025
2025
Showing 1 to 10 of 551 filings