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LOCKHEED MARTIN CORP

Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Oct 22, 2026

$548.23−3.86 (-0.70%)

Close on Oct 19, 2026

Market cap: $126.70B
P/E (TTM): 20.2
Dividend yield: 2.44%

LOCKHEED MARTIN CORP income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	75,048	71,043	67,571	65,984	67,044	65,398	59,812	53,762	49,960	47,290	40,536	39,946	45,358	47,182	46,499	45,671	43,867	41,372	41,862
Cost of Revenue	67,429	64,113	59,092	57,697	57,983	56,744	51,445	46,488	43,589	41,889	36,044	35,263	41,171	42,986	42,755	41,827	39,720	36,798	37,628
Gross Profit	7,619	6,930	8,479	8,287	9,061	8,654	8,367	7,274	6,371	5,401	4,492	4,683	4,187	4,196	3,744	3,844	4,147	4,574	4,234
Research & Development	2,000	1,600	1,500	1,700	1,500	1,300	1,300	1,300	1,200	988	817	733	697	616	585	639	717	698	–
Operating Income	7,731	7,013	8,507	8,348	9,123	8,644	8,545	7,334	6,744	5,888	4,712	5,012	4,505	4,434	4,020	4,105	4,367	5,049	4,527
Interest Expense	1,118	1,036	916	623	569	591	653	668	651	663	443	340	350	383	354	345	308	332	352
Income from Equity Investments	28	56	40	114	97	163	154	119	207	443	320	327	321	277	332	312	278	288	–
Other Non-Operating Income	183	181	64	-74	288	-37	-74	-828	-847	-471	30	5.00	–	21	-35	18	123	-91	193
Merger & Restructuring Charges	66	87	92	100	–	–	0	96	0	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	–	–	–	–	–	–	119	195	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	–	–	–	0	0	-55	0	0	73	1,201	0	–	–	–	–	–	–	–	–
Pretax Income	5,922	6,220	8,098	6,680	7,550	8,235	7,241	5,838	5,246	4,754	4,299	4,677	4,155	4,072	3,631	3,778	4,182	–	–
Income Tax Expense	905	884	1,178	948	1,235	1,347	1,011	792	3,356	1,093	1,173	1,424	1,205	1,327	964	1,164	1,215	1,459	1,335
Income from Continuing Operations	–	–	–	5,732	6,315	6,888	6,230	5,046	1,890	3,661	3,126	3,253	2,950	2,745	2,667	2,614	2,967	3,167	–
Income from Discontinued Operations	–	–	–	0	0	-55	0	0	73	1,512	479	361	31	–	-12	264	6.00	50	–
Net Income	5,017	5,336	6,920	5,732	6,315	6,833	6,230	5,046	1,963	5,173	3,605	3,614	2,981	2,745	2,655	2,878	2,973	3,217	3,033
EPS (Basic)(per share)	21.56	22.39	27.65	21.74	22.85	24.40	22.09	17.74	6.82	17.28	11.62	11.41	9.29	8.48	7.90	7.90	7.73	8.05	7.29
EPS (Diluted)(per share)	21.49	22.31	27.55	21.66	22.76	24.30	21.95	17.59	6.75	17.07	11.46	11.21	9.13	8.36	7.81	7.81	7.64	7.86	7.10
Shares Outstanding (Basic, Weighted)(shares)	233	238	250	264	276	280	282	285	288	299	310	317	321	324	336	364	385	400	–
Shares Outstanding (Diluted, Weighted)(shares)	234	239	251	265	277	281	284	287	291	303	315	322	327	328	340	368	389	409	–
Dividend per Share(per share)	13.35	12.75	12.15	11.40	10.60	9.80	9.00	8.20	7.46	6.77	6.15	5.49	4.78	4.15	3.25	2.64	2.34	1.83	1.47
EBITDA	9,418	8,572	9,937	9,752	10,487	9,663	9,451	8,495	7,939	7,055	5,657	5,939	5,495	5,422	5,028	5,157	5,381	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 28, 2026

Profitability, TTM

Gross margin: 11.8%
Operating margin: 11.9%
Net margin: 8.2%
Return on equity, FY2025: 76.9%

Financial strength

Current ratio: 1.19
Debt to equity: 2.34
Debt to assets: 32.9%
Cash to current liabilities: 15.9%

Valuation

P/E ratio: 20.2
Price to sales: 1.65
Price to book: 14.45
Dividend yield: 2.44%