Lockheed Martin Corp (LMT) operating KPIs
Close on Oct 30, 2026Market cap $147.00BP/E 23.5Yield 2.10%
KPIs
Operating metrics that drive Lockheed Martin's business · fiscal year ends December 31 (interim quarters close on last Sunday of March/June/September; Q3 FY2026 ended September 27, 2026)
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| Add to chart | Metric | Q3 '26 2026-09-27 | Q2 '26 2026-06-28 | Q1 '26 2026-03-29 | Q4 '25 2025-12-31 | Q3 '25 2025-09-28 | Q2 '25 2025-06-29 | Q1 '25 2025-03-30 | Q4 '24 2024-12-31 | Q3 '24 2024-09-29 | Q2 '24 2024-06-30 | Q1 '24 2024-03-31 | Q4 '23 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
F-35 Lightning II — Production Aircraft Deliveries (Aeronautics)6 | 43 | 19 | 32 | 48 | 46 | 50 | 47 | 62 | 48 | 18 | |||
F-35 Program — Cumulative Production Aircraft Delivered Since Inception | 1,387 | 1,344 | 1,325 | 1,293 | 1,245 | 1,199 | 1,149 | 1,102 | 1,040 | 992 | 992 | ||
F-35A (CTOL Variant) — Cumulative Production Aircraft Delivered | 989 | 956 | 948 | 927 | 893 | 866 | 831 | 797 | 748 | 710 | 710 | ||
F-35B (STOVL Variant) — Cumulative Production Aircraft Delivered | 255 | 250 | 245 | 238 | 230 | 221 | 213 | 203 | 197 | 197 | 197 | ||
F-35C (Carrier Variant) — Cumulative Production Aircraft Delivered | 143 | 138 | 132 | 128 | 122 | 112 | 105 | 102 | 95 | 85 | 85 | ||
F-35 Program — Production Backlog (Aircraft Units) | 274 | 317 | 336 | 368 | 265 | 311 | 361 | 408 | 325 | 373 | 373 | 373 | |
F-35 Program — Share of Total Consolidated Net Sales (%)(%) | 27.0% | 28.0% | 27.0% | 26.0% | 27.0% | 25.0% | 22.0% | 26.0% | 25.0% | ||||
C-130J Super Hercules — Production Aircraft Deliveries (Aeronautics) | 2 | 7 | 1 | 1 | 1 | 8 | 4 | 5 | 4 | 8 | |||
Sikorsky (RMS) — U.S. Government Helicopter Program Deliveries | 16 | 16 | 19 | 35 | 22 | 24 | 9 | 25 | 24 | 10 | 13 | 28 | |
Reporting Calendar — Number of Weeks in Reporting Quarter | 13 | 13 | 12 | 14 | 13 | 13 | 12 | 13 | 13 | 13 | 13 | 13 | |
Total Consolidated Backlog($M)4 | 291,984 | 230,416 | 186,427 | 193,622 | 179,071 | 166,530 | 172,974 | 176,040 | 165,693 | 158,342 | 159,368 | 160,567 | |
Missiles and Fire Control (MFC) — Backlog($M) | 142,517 | 87,882 | 46,565 | 46,650 | 45,906 | 40,250 | 40,637 | 38,783 | 40,722 | 34,831 | 31,297 | 32,229 | |
Aeronautics — Backlog($M) | 57,331 | 54,356 | 55,032 | 59,435 | 47,506 | 52,165 | 57,476 | 62,763 | 50,988 | 53,032 | 57,035 | 60,156 | |
Rotary and Mission Systems (RMS) — Backlog($M) | 49,435 | 48,454 | 45,840 | 47,715 | 47,269 | 38,584 | 39,113 | 38,117 | 37,571 | 37,366 | 38,030 | 37,726 | |
Space — Backlog($M) | 42,701 | 39,724 | 38,990 | 39,822 | 38,390 | 35,531 | 35,748 | 36,377 | 36,412 | 33,113 | 33,006 | 30,456 | |
Remaining Performance Obligations (RPO) — Total (ASC 606)($M)1 | 292,000 | 230,400 | 186,400 | 193,600 | 179,100 | 166,500 | 173,000 | 176,000 | 165,700 | 158,300 | 159,400 | 160,600 | |
Revenue Recognized from Beginning Contract Liability Balance($M) | 1,000 | 1,800 | 3,000 | 700 | 1,000 | 1,300 | 3,200 | 1,000 | 866 | 1,700 | 2,400 | 900 | |
Consolidated Net Profit Booking Rate (EAC) Adjustments — Total Segment Impact($M)4 | 375 | 375 | 215 | 275 | 365 | -1,045 | 480 | -1,170 | 375 | 420 | 195 | ||
Aeronautics — Net Profit Booking Rate (EAC) Adjustments($M) | 35 | 60 | 15 | 65 | 60 | -730 | 110 | -225 | 105 | 120 | 90 | ||
Missiles and Fire Control — Net Profit Booking Rate (EAC) Adjustments($M) | 145 | 190 | 135 | 110 | 130 | 130 | 130 | -1,090 | 135 | 155 | -5 | ||
Rotary and Mission Systems — Net Profit Booking Rate (EAC) Adjustments($M) | 110 | 25 | 35 | 60 | 105 | -550 | 85 | 100 | 110 | 60 | 40 | ||
Space — Net Profit Booking Rate (EAC) Adjustments($M) | 85 | 100 | 30 | 40 | 70 | 105 | 155 | 45 | 25 | 85 | 70 | ||
Aeronautics — U.S. Government Net Sales($M)2 | 4,744 | 4,745 | 4,133 | 5,338 | 4,681 | 4,646 | 4,642 | 5,242 | 4,465 | 4,941 | 4,666 | 5,026 | |
Aeronautics — International (FMS & Direct Commercial) Net Sales($M) | 3,461 | 3,362 | 2,809 | 3,174 | 2,571 | 2,766 | 2,405 | 2,760 | 1,973 | 2,297 | 2,152 | 2,581 | |
Aeronautics — U.S. Commercial and Other Net Sales($M) | 9 | 5 | 11 | 12 | 4 | 8 | 10 | 7 | 49 | 39 | 27 | 6 | |
Aeronautics — Fixed-Price Contract Net Sales($M)3 | 5,541 | 5,528 | 4,497 | 6,010 | 4,758 | 4,912 | 4,713 | 5,798 | 4,276 | 4,945 | 4,584 | 5,201 | |
Aeronautics — Cost-Reimbursable Contract Net Sales($M) | 2,673 | 2,584 | 2,456 | 2,514 | 2,498 | 2,508 | 2,344 | 2,211 | 2,211 | 2,332 | 2,261 | 2,412 | |
Aeronautics — Product Net Sales($M) | 6,652 | 6,608 | 5,505 | 7,104 | 5,807 | 5,960 | 5,746 | 6,485 | 5,550 | 5,971 | 5,592 | 6,419 | |
Aeronautics — Service Net Sales($M) | 1,562 | 1,504 | 1,448 | 1,420 | 1,449 | 1,460 | 1,311 | 1,524 | 937 | 1,306 | 1,253 | 1,194 | |
Missiles and Fire Control (MFC) — U.S. Government Net Sales($M)2 | 3,244 | 3,234 | 2,372 | 2,730 | 2,633 | 2,440 | 2,391 | 2,363 | 2,272 | 2,241 | 2,167 | 2,216 | |
Missiles and Fire Control (MFC) — International (FMS & Direct Commercial) Net Sales($M) | 1,255 | 866 | 1,277 | 1,288 | 989 | 990 | 978 | 1,048 | 901 | 856 | 824 | 952 | |
Missiles and Fire Control (MFC) — U.S. Commercial and Other Net Sales($M) | 2 | 1 | 0 | 2 | 2 | 3 | 4 | 1 | 2 | 5 | 2 | 3 | |
Missiles and Fire Control (MFC) — Fixed-Price Contract Net Sales($M)3 | 3,296 | 3,058 | 2,661 | 2,998 | 2,638 | 2,447 | 2,440 | 2,443 | 2,211 | 2,124 | 1,996 | 2,163 | |
Missiles and Fire Control (MFC) — Cost-Reimbursable Contract Net Sales($M) | 1,205 | 1,043 | 988 | 1,022 | 986 | 986 | 933 | 969 | 964 | 978 | 997 | 1,008 | |
Missiles and Fire Control (MFC) — Product Net Sales($M) | 4,120 | 3,700 | 3,323 | 3,639 | 3,256 | 3,065 | 3,017 | 3,058 | 2,811 | 2,742 | 2,664 | 2,809 | |
Missiles and Fire Control (MFC) — Service Net Sales($M) | 381 | 401 | 326 | 381 | 368 | 368 | 356 | 354 | 364 | 360 | 329 | 362 | |
Rotary and Mission Systems (RMS) — U.S. Government Net Sales($M)2 | 2,912 | 2,739 | 2,468 | 2,717 | 2,764 | 2,858 | 2,787 | 2,763 | 2,867 | 2,999 | 2,840 | 2,988 | |
Rotary and Mission Systems (RMS) — International (FMS & Direct Commercial) Net Sales($M) | 1,560 | 1,567 | 1,473 | 1,850 | 1,564 | 1,085 | 1,468 | 1,428 | 1,403 | 1,470 | 1,162 | 1,634 | |
Rotary and Mission Systems (RMS) — U.S. Commercial and Other Net Sales($M) | 39 | 48 | 50 | 49 | 45 | 52 | 73 | 70 | 97 | 79 | 86 | 89 | |
Rotary and Mission Systems (RMS) — Fixed-Price Contract Net Sales($M)3 | 2,843 | 2,592 | 2,330 | 3,078 | 2,733 | 2,295 | 2,660 | 2,890 | 2,691 | 2,812 | 2,477 | 3,142 | |
Rotary and Mission Systems (RMS) — Cost-Reimbursable Contract Net Sales($M) | 1,668 | 1,762 | 1,661 | 1,538 | 1,640 | 1,700 | 1,668 | 1,371 | 1,676 | 1,736 | 1,611 | 1,569 | |
Rotary and Mission Systems (RMS) — Product Net Sales($M) | 3,693 | 3,516 | 3,172 | 3,851 | 3,509 | 3,332 | 3,496 | 3,505 | 3,554 | 3,705 | 3,241 | 3,831 | |
Rotary and Mission Systems (RMS) — Service Net Sales($M) | 818 | 838 | 819 | 765 | 864 | 663 | 832 | 756 | 813 | 843 | 847 | 880 | |
Space — U.S. Government Net Sales($M)2 | 3,391 | 3,409 | 3,337 | 3,136 | 3,293 | 3,227 | 3,129 | 2,868 | 3,081 | 3,107 | 3,162 | 3,298 | |
Space — International (FMS & Direct Commercial) Net Sales($M) | 85 | 80 | 83 | 14 | 55 | 75 | 71 | 67 | 61 | 45 | 68 | 44 | |
Space — U.S. Commercial and Other Net Sales($M) | 9 | 7 | 8 | 11 | 8 | 5 | 5 | 5 | -67 | 43 | 39 | 37 | |
Space — Fixed-Price Contract Net Sales($M)3 | 836 | 893 | 922 | 786 | 878 | 912 | 942 | 791 | 865 | 925 | 900 | 917 | |
Space — Cost-Reimbursable Contract Net Sales($M) | 2,649 | 2,603 | 2,506 | 2,375 | 2,478 | 2,395 | 2,263 | 2,149 | 2,210 | 2,270 | 2,369 | 2,462 | |
Space — Product Net Sales($M) | 2,964 | 2,959 | 2,831 | 2,664 | 2,739 | 2,792 | 2,677 | 2,452 | 2,557 | 2,691 | 2,699 | 2,908 | |
Space — Service Net Sales($M) | 521 | 537 | 597 | 497 | 617 | 515 | 528 | 488 | 518 | 504 | 570 | 471 | |
Total Consolidated — U.S. Government Net Sales($M)2 | 14,291 | 14,127 | 12,310 | 13,921 | 13,371 | 13,171 | 12,949 | 13,236 | 12,685 | 13,288 | 12,835 | 13,528 | |
Total Consolidated — International (FMS & Direct Commercial) Net Sales($M) | 6,361 | 5,875 | 5,642 | 6,326 | 5,179 | 4,916 | 4,922 | 5,303 | 4,338 | 4,668 | 4,206 | 5,211 | |
Total Consolidated — U.S. Commercial and Other Net Sales($M) | 59 | 61 | 69 | 74 | 59 | 68 | 92 | 83 | 81 | 166 | 154 | 135 | |
Total Consolidated — Fixed-Price Contract Net Sales($M)3 | 12,516 | 12,071 | 10,410 | 12,872 | 11,007 | 10,566 | 10,755 | 11,922 | 10,043 | 10,806 | 9,957 | 11,423 | |
Total Consolidated — Cost-Reimbursable Contract Net Sales($M) | 8,195 | 7,992 | 7,611 | 7,449 | 7,602 | 7,589 | 7,208 | 6,700 | 7,061 | 7,316 | 7,238 | 7,451 | |
Total Consolidated — Product Net Sales($M) | 17,429 | 16,783 | 14,831 | 17,258 | 15,311 | 15,149 | 14,936 | 15,500 | 14,472 | 15,109 | 14,196 | 15,967 | |
Total Consolidated — Service Net Sales($M) | 3,282 | 3,280 | 3,190 | 3,063 | 3,298 | 3,006 | 3,027 | 3,122 | 2,632 | 3,013 | 2,999 | 2,907 | |
Aeronautics — United States Net Sales($M)4 | 4,753 | 4,750 | 4,144 | 5,350 | 4,685 | 4,654 | 4,652 | 5,249 | 4,514 | 4,980 | 4,693 | 5,032 | |
Aeronautics — Europe Net Sales($M) | 1,733 | 1,729 | 1,437 | 1,671 | 1,245 | 1,404 | 1,247 | 1,543 | 1,047 | 1,270 | 1,211 | 1,432 | |
Aeronautics — Asia Pacific Net Sales($M) | 1,217 | 1,143 | 907 | 1,075 | 926 | 984 | 840 | 830 | 612 | 685 | 636 | 742 | |
Aeronautics — Middle East Net Sales($M) | 175 | 126 | 225 | 144 | 138 | 159 | 148 | 205 | 206 | 194 | 203 | 316 | |
Aeronautics — Other International Net Sales($M) | 336 | 364 | 240 | 284 | 262 | 219 | 170 | 182 | 108 | 148 | 102 | 91 | |
Missiles and Fire Control (MFC) — United States Net Sales($M)4 | 3,246 | 3,235 | 2,372 | 2,732 | 2,635 | 2,443 | 2,395 | 2,364 | 2,274 | 2,246 | 2,169 | 2,219 | |
Missiles and Fire Control (MFC) — Europe Net Sales($M) | 595 | 503 | 587 | 551 | 401 | 381 | 395 | 539 | 334 | 209 | 245 | 204 | |
Missiles and Fire Control (MFC) — Asia Pacific Net Sales($M) | 235 | 204 | 276 | 337 | 281 | 223 | 224 | 180 | 216 | 180 | 187 | 215 | |
Missiles and Fire Control (MFC) — Middle East Net Sales($M) | 378 | 127 | 390 | 371 | 295 | 375 | 342 | 320 | 333 | 450 | 370 | 504 | |
Missiles and Fire Control (MFC) — Other International Net Sales($M) | 47 | 32 | 24 | 29 | 12 | 11 | 17 | 9 | 18 | 17 | 22 | 29 | |
Rotary and Mission Systems (RMS) — United States Net Sales($M)4 | 2,951 | 2,787 | 2,518 | 2,766 | 2,809 | 2,910 | 2,860 | 2,833 | 2,964 | 3,078 | 2,926 | 3,077 | |
Rotary and Mission Systems (RMS) — Europe Net Sales($M) | 420 | 539 | 571 | 485 | 343 | 279 | 304 | 383 | 309 | 282 | 269 | 559 | |
Rotary and Mission Systems (RMS) — Asia Pacific Net Sales($M) | 711 | 587 | 442 | 818 | 764 | 601 | 633 | 634 | 632 | 750 | 540 | 682 | |
Rotary and Mission Systems (RMS) — Middle East Net Sales($M) | 147 | 131 | 170 | 255 | 199 | 219 | 212 | 235 | 190 | 200 | 162 | 195 | |
Rotary and Mission Systems (RMS) — Other International Net Sales($M) | 282 | 310 | 290 | 292 | 258 | -14 | 319 | 176 | 272 | 238 | 191 | 198 | |
Space — United States Net Sales($M)4 | 3,400 | 3,416 | 3,345 | 3,147 | 3,301 | 3,232 | 3,134 | 2,873 | 3,014 | 3,150 | 3,201 | 3,335 | |
Space — Europe Net Sales($M) | 32 | 31 | 30 | 33 | 22 | 22 | 22 | 20 | 18 | 19 | 18 | 14 | |
Space — Asia Pacific Net Sales($M) | 53 | 49 | 44 | -19 | 32 | 49 | 47 | 45 | 43 | 25 | 46 | 29 | |
Space — Middle East Net Sales($M) | 0 | 0 | 9 | 0 | 1 | 4 | 2 | 2 | 0 | 1 | 4 | 0 | |
Space — Other International Net Sales($M) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
Total Consolidated — United States Net Sales($M)4 | 14,350 | 14,188 | 12,379 | 13,995 | 13,430 | 13,239 | 13,041 | 13,319 | 12,766 | 13,454 | 12,989 | 13,663 | |
Total Consolidated — Europe Net Sales($M) | 2,780 | 2,802 | 2,625 | 2,740 | 2,011 | 2,086 | 1,968 | 2,485 | 1,708 | 1,780 | 1,743 | 2,209 | |
Total Consolidated — Asia Pacific Net Sales($M) | 2,216 | 1,983 | 1,669 | 2,211 | 2,003 | 1,857 | 1,744 | 1,689 | 1,503 | 1,640 | 1,409 | 1,668 | |
Total Consolidated — Middle East Net Sales($M) | 700 | 384 | 794 | 770 | 633 | 757 | 704 | 762 | 729 | 845 | 739 | 1,015 | |
Total Consolidated — Other International Net Sales($M) | 665 | 706 | 554 | 605 | 532 | 216 | 506 | 367 | 398 | 403 | 315 | 319 | |
Total Business Segment Operating Margin (Published %)(%)4 | 10.8% | 10.8% | 10.1% | 10.1% | 10.9% | 3.1% | 11.6% | 2.3% | 10.9% | 11.3% | 10.1% | 10.8% | |
Aeronautics — Segment Operating Margin (Published %)(%) | 9.0% | 9.4% | 8.9% | 9.2% | 9.4% | -1.3% | 10.2% | 5.4% | 10.2% | 10.3% | 9.9% | 10.0% | |
Missiles and Fire Control — Segment Operating Margin (Published %)(%) | 14.0% | 14.5% | 13.7% | 13.3% | 14.1% | 14.0% | 13.8% | -23.6% | 14.4% | 14.5% | 10.4% | 12.5% | |
Rotary and Mission Systems — Segment Operating Margin (Published %)(%) | 11.6% | 10.0% | 10.6% | 10.1% | 11.6% | -4.3% | 12.0% | 12.0% | 11.1% | 10.9% | 10.5% | 12.3% | |
Space — Segment Operating Margin (Published %)(%) | 9.5% | 10.6% | 8.2% | 8.6% | 9.9% | 10.9% | 11.8% | 9.6% | 8.8% | 10.8% | 9.9% | 9.1% | |
Total Consolidated Operating Margin (Published %)(%) | 11.8% | 12.4% | 11.4% | 11.5% | 12.3% | 4.1% | 13.2% | 3.7% | 12.5% | 11.9% | 11.8% | 12.1% | |
Total Business Segment Operating Profit (Non-GAAP)($M)4 | 2,229 | 2,162 | 1,823 | 2,058 | 2,029 | 571 | 2,085 | 426 | 1,870 | 2,042 | 1,745 | 2,042 | |
Unallocated: FAS/CAS Operating Adjustment($M) | 421 | 422 | 421 | 380 | 380 | 379 | 379 | 406 | 406 | 406 | 406 | 415 | |
Unallocated: Intangible Asset Amortization Expense($M) | 49 | 50 | 50 | 57 | 70 | 63 | 64 | 64 | 61 | 61 | 61 | 62 | |
Unallocated: Other Corporate Items, Net($M) | -158 | -55 | -131 | -50 | -59 | -73 | -28 | -72 | -75 | -152 | -61 | -10 | |
Total Unallocated Corporate Items($M) | 214 | 317 | 240 | 273 | 251 | 177 | 287 | 270 | 270 | 106 | 284 | 251 | |
Total FAS/CAS Pension Adjustment (Operating + Non-Operating)($M)3 | -340 | -342 | -341 | 198 | -281 | -280 | -281 | ||||||
U.S. Government Cost Accounting Standards (CAS) Pension Cost($M) | -433 | -434 | -433 | -392 | -392 | -392 | -392 | ||||||
Total FAS Defined Benefit Pension Expense($M) | 93 | 92 | 92 | 590 | 111 | 112 | 111 | ||||||
Non-Service FAS Pension Expense($M) | 81 | 80 | 80 | 578 | 99 | 99 | 98 | ||||||
Contract Assets (Unbilled Contract Receivables)($M)1 | 16,899 | 16,038 | 15,885 | 13,001 | 13,949 | 14,896 | 14,677 | 12,957 | 14,224 | 13,907 | 14,050 | 13,183 | |
Contract Liabilities (Customer Advances & Progress Payments)($M) | 12,644 | 12,151 | 10,735 | 11,440 | 10,259 | 9,861 | 9,375 | 9,795 | 9,051 | 9,181 | 8,745 | 9,190 | |
Inventories — Work-in-Process($M)2 | 3,106 | 3,528 | 3,388 | 2,667 | 2,882 | 2,828 | 2,720 | 2,617 | 2,430 | 2,259 | 2,443 | 2,338 | |
Inventories — Materials, Spare Parts and Supplies($M) | 672 | 675 | 665 | 659 | 670 | 676 | 679 | 661 | 616 | 651 | 640 | 606 | |
Inventories — Finished Goods($M) | 209 | 208 | 198 | 198 | 197 | 195 | 200 | 196 | 188 | 187 | 195 | 188 | |
Qualified Defined Benefit Pension Plans — Benefit Obligation (PBO)3 | |||||||||||||
Defined Benefit Pension Plans — Service Cost($M) | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 15 | 15 | 15 | 15 | 16 | |
Defined Benefit Pension Plans — Interest Cost($M) | 348 | 347 | 347 | 368 | 368 | 368 | 368 | 350 | 349 | 350 | 349 | 365 | |
Defined Benefit Pension Plans — Expected Return on Plan Assets($M) | 355 | 354 | 354 | 360 | 359 | 360 | 360 | 393 | 393 | 393 | 393 | 431 | |
Environmental Remediation — Total Accrued Liabilities($M)1 | 644 | 652 | 656 | 659 | 667 | 669 | 672 | 677 | 697 | 687 | 677 | 680 | |
Environmental Remediation — U.S. Government Recovery Receivable($M) | 591 | 600 | 602 | 605 | 610 | 611 | 614 | 619 | 628 | 620 | 611 | 613 | |
Aeronautics — External Net Sales($M)3 | 8,214 | 8,112 | 6,953 | 8,524 | 7,256 | 7,420 | 7,057 | 8,009 | 6,487 | 7,277 | 6,845 | 7,613 | |
Aeronautics — Intersegment Sales($M) | -123 | -112 | -93 | 652 | -85 | -97 | -89 | 639 | -125 | -67 | -70 | 117 | |
Aeronautics — Segment Operating Profit($M) | 743 | 760 | 619 | 782 | 682 | -98 | 720 | 434 | 659 | 751 | 679 | 761 | |
Aeronautics — Segment Total Assets($M) | 16,098 | 15,840 | 15,396 | 14,673 | 14,726 | 15,224 | 14,130 | 13,223 | 13,987 | 13,913 | 13,695 | 13,167 | |
Missiles and Fire Control (MFC) — External Net Sales($M)3 | 4,501 | 4,101 | 3,649 | 4,020 | 3,624 | 3,433 | 3,373 | 3,412 | 3,175 | 3,102 | 2,993 | 3,171 | |
Missiles and Fire Control (MFC) — Intersegment Sales($M) | -291 | -252 | -238 | 1,484 | -218 | -231 | -169 | 1,420 | -210 | -204 | -202 | 206 | |
Missiles and Fire Control (MFC) — Segment Operating Profit($M) | 631 | 594 | 500 | 535 | 510 | 479 | 465 | -804 | 456 | 450 | 311 | 395 | |
Missiles and Fire Control (MFC) — Segment Total Assets($M) | 8,029 | 8,164 | 7,501 | 6,304 | 6,899 | 6,524 | 6,140 | 5,952 | 5,853 | 5,938 | 5,786 | 5,703 | |
Rotary and Mission Systems (RMS) — External Net Sales($M)3 | 4,511 | 4,354 | 3,991 | 4,616 | 4,373 | 3,995 | 4,328 | 4,261 | 4,367 | 4,548 | 4,088 | 4,711 | |
Rotary and Mission Systems (RMS) — Intersegment Sales($M) | -677 | -662 | -595 | 4,149 | -580 | -632 | -564 | 4,049 | -569 | -574 | -586 | 613 | |
Rotary and Mission Systems (RMS) — Segment Operating Profit($M) | 524 | 437 | 423 | 468 | 506 | -172 | 521 | 513 | 483 | 495 | 430 | 579 | |
Rotary and Mission Systems (RMS) — Segment Total Assets($M) | 16,497 | 16,602 | 16,480 | 16,576 | 16,972 | 17,199 | 17,199 | 17,025 | 17,313 | 17,612 | 17,454 | 17,521 | |
Space — External Net Sales($M)4 | 3,485 | 3,496 | 3,428 | 3,161 | 3,356 | 3,307 | 3,205 | 2,940 | 3,075 | 3,195 | 3,269 | 3,379 | |
Space — Intersegment Sales($M) | -77 | -79 | -81 | 572 | -77 | -84 | -83 | 692 | -94 | -99 | -107 | 83 | |
Space — Segment Operating Profit($M) | 331 | 371 | 281 | 273 | 331 | 362 | 379 | 283 | 272 | 346 | 325 | 307 | |
Space — Segment Total Assets($M) | 7,986 | 7,998 | 7,822 | 7,755 | 7,865 | 8,051 | 7,617 | 7,388 | 6,652 | 6,717 | 6,862 | 6,560 | |
Corporate Activities — Unallocated Assets($M) | 15,900 | 13,846 | 12,039 | 14,532 | 13,814 | 11,872 | 11,583 | 12,029 | 11,715 | 10,896 | 11,166 | 9,505 | |
Consolidated Net Sales (GAAP)($M)3 | 20,711 | 20,063 | 18,021 | 20,321 | 18,609 | 18,155 | 17,963 | 18,622 | 17,104 | 18,122 | 17,195 | 18,874 | |
Consolidated Cost of Sales($M) | 18,275 | 17,617 | 15,943 | 17,999 | 16,369 | 17,421 | 15,640 | 17,932 | 14,987 | 15,992 | 15,202 | 16,579 | |
Consolidated Gross Profit($M) | 2,436 | 2,446 | 2,078 | 2,322 | 2,240 | 734 | 2,323 | 690 | 2,117 | 2,130 | 1,993 | 2,295 | |
Other Income (Expense), Net (Operating)($M) | 7 | 33 | -15 | 9 | 40 | 14 | 49 | 6 | 23 | 18 | 36 | -2 | |
Consolidated Operating Profit (GAAP)($M)4 | 2,443 | 2,479 | 2,063 | 2,331 | 2,280 | 748 | 2,372 | 696 | 2,140 | 2,148 | 2,029 | 2,293 | |
Interest Expense($M) | 264 | 266 | 269 | 290 | 286 | 274 | 268 | 264 | 256 | 261 | 255 | 254 | |
Non-Service FAS Pension (Expense) Income($M) | 81 | 80 | 80 | 578 | 99 | 99 | 98 | -15 | -16 | -15 | -16 | -111 | |
Earnings Before Income Taxes($M) | 2,172 | 2,178 | 1,774 | 1,531 | 1,938 | 417 | 2,036 | 519 | 1,918 | 1,948 | 1,835 | 2,145 | |
Income Tax Expense($M) | 327 | 342 | 286 | 187 | 319 | 75 | 324 | -8 | 295 | 307 | 290 | 279 | |
Consolidated Net Earnings (GAAP)($M)5 | 1,845 | 1,836 | 1,488 | 1,344 | 1,619 | 342 | 1,712 | 527 | 1,623 | 1,641 | 1,545 | 1,866 | |
Basic Earnings Per Share ($/sh)($) | 8 | 7.98 | 6.47 | 6.98 | 1.46 | 7.30 | 6.83 | 6.87 | 6.42 | ||||
Diluted Earnings Per Share ($/sh)($) | 7.97 | 7.94 | 6.44 | 6.95 | 1.46 | 7.28 | 6.80 | 6.85 | 6.39 | ||||
Weighted-Average Basic Shares Outstanding(M) | 231 | 230 | 230 | 232 | 234 | 234 | 238 | 239 | 241 | ||||
Weighted-Average Diluted Shares Outstanding(M) | 232 | 231 | 231 | 233 | 234 | 235 | 239 | 240 | 242 | ||||
Cash Dividends Declared Per Common Share ($/sh)($) | 3.45 | 3.45 | 3.45 | 3.45 | 3.30 | 3.30 | 3.30 | 3.15 | 3.15 | 3.15 | |||
Total Consolidated Assets($M)10 | 64,510 | 62,450 | 59,238 | 59,840 | 60,276 | 58,870 | 56,669 | 55,617 | 55,520 | 55,076 | 54,963 | 52,456 | |
Cash and Cash Equivalents($M) | 5,960 | 3,791 | 1,894 | 4,121 | 3,470 | 1,293 | 1,803 | 2,483 | 3,151 | 2,523 | 2,790 | 1,442 | |
Receivables, Net($M) | 3,096 | 3,356 | 2,322 | 3,901 | 3,844 | 3,306 | 2,024 | 2,351 | 2,141 | 2,930 | 2,257 | 2,132 | |
Inventories, Net($M) | 3,987 | 4,411 | 4,251 | 3,524 | 3,749 | 3,699 | 3,599 | 3,474 | 3,234 | 3,097 | 3,278 | 3,132 | |
Other Current Assets($M) | 1,059 | 805 | 728 | 815 | 924 | 794 | 698 | 584 | 461 | 510 | 583 | 632 | |
Total Current Assets($M) | 31,001 | 28,401 | 25,080 | 25,362 | 25,936 | 23,988 | 22,801 | 21,849 | 23,211 | 22,967 | 22,958 | 20,521 | |
Property, Plant and Equipment, Net($M) | 11,524 | 11,390 | 11,283 | 11,292 | 8,722 | 8,670 | 8,713 | 8,726 | 8,454 | 8,394 | 8,354 | 8,370 | |
Goodwill($M) | 11,299 | 11,298 | 11,306 | 11,314 | 11,313 | 11,309 | 11,076 | 11,067 | 10,800 | 10,787 | 10,789 | 10,799 | |
Intangible Assets, Net($M) | 1,737 | 1,787 | 1,837 | 1,887 | 1,943 | 2,013 | 1,952 | 2,015 | 1,979 | 2,040 | 2,151 | 2,212 | |
Deferred Income Tax Assets($M) | 1,819 | 2,414 | 2,802 | 2,975 | 3,413 | 4,070 | 3,568 | 3,557 | 3,105 | 3,080 | 3,024 | 2,953 | |
Other Noncurrent Assets($M) | 7,130 | 7,160 | 6,930 | 7,010 | 8,949 | 8,820 | 8,559 | 6,537 | 7,971 | 7,808 | 7,687 | 7,601 | |
Total Consolidated Liabilities($M)8 | 54,447 | 53,682 | 51,749 | 53,119 | 54,095 | 53,536 | 49,986 | 49,284 | 48,320 | 48,901 | 48,313 | 45,621 | |
Accounts Payable($M) | 5,005 | 4,915 | 4,707 | 3,630 | 3,834 | 3,653 | 3,821 | 2,222 | 3,221 | 3,282 | 3,523 | 2,312 | |
Salaries, Benefits and Payroll Taxes($M) | 3,349 | 3,003 | 2,676 | 3,184 | 3,065 | 2,761 | 2,391 | 3,125 | 3,076 | 2,871 | 2,679 | 3,133 | |
Current Maturities of Long-Term Debt($M) | 0 | 0 | 168 | 1,168 | 1,669 | 3,118 | 1,643 | 643 | 142 | 142 | 168 | 168 | |
Other Current Liabilities($M) | 3,542 | 3,740 | 3,804 | 3,913 | 4,147 | 4,961 | 3,957 | 3,635 | 2,320 | 3,017 | 2,584 | 2,134 | |
Total Current Liabilities($M) | 24,540 | 23,809 | 22,090 | 23,335 | 22,974 | 24,354 | 21,187 | 19,420 | 17,810 | 18,493 | 17,699 | 16,937 | |
Long-Term Debt, Net($M) | 20,498 | 20,538 | 20,529 | 20,532 | 20,520 | 18,520 | 18,661 | 19,627 | 19,179 | 19,115 | 19,250 | 17,291 | |
Accrued Pension Liabilities($M) | 3,938 | 3,931 | 3,923 | 3,915 | 4,861 | 4,838 | 4,815 | 4,791 | 6,077 | 6,105 | 6,133 | 6,162 | |
Other Noncurrent Liabilities($M) | 5,471 | 5,404 | 5,207 | 5,337 | 5,740 | 5,824 | 5,323 | 5,446 | 5,254 | 5,188 | 5,231 | 5,231 | |
Total Stockholders' Equity($M)5 | 10,063 | 8,768 | 7,489 | 6,721 | 6,181 | 5,334 | 6,683 | 6,333 | 7,200 | 6,175 | 6,650 | 6,835 | |
Common Stock ($1 Par Value)($M) | 230 | 230 | 230 | 229 | 230 | 232 | 233 | 234 | 236 | 237 | 239 | 240 | |
Additional Paid-In Capital($M) | 451 | 247 | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Retained Earnings($M) | 16,802 | 15,759 | 14,723 | 14,034 | 14,053 | 13,259 | 14,773 | 14,551 | 15,657 | 14,707 | 15,222 | 15,398 | |
Accumulated Other Comprehensive Loss($M) | -7,420 | -7,468 | -7,496 | -7,542 | -8,102 | -8,157 | -8,323 | -8,452 | -8,693 | -8,769 | -8,811 | -8,803 | |
Total Liabilities and Stockholders' Equity($M) | 64,510 | 62,450 | 59,238 | 59,840 | 60,276 | 58,870 | 56,669 | 55,617 | 55,520 | 55,076 | 54,963 | 52,456 | |
Net Cash Provided by Operating Activities (OCF)($M)9 | 3,438 | 3,235 | 220 | 3,219 | 3,728 | 201 | 1,409 | 1,023 | 2,438 | 1,876 | 1,635 | 2,365 | |
Capital Expenditures($M) | 439 | 318 | 511 | 463 | 381 | 351 | 454 | 582 | 355 | 370 | 378 | 704 | |
Free Cash Flow (Non-GAAP, Published in 8-K)($M) | 2,999 | 2,917 | -291 | 2,756 | 3,347 | -150 | 955 | 441 | 2,083 | 1,506 | 1,257 | 1,661 | |
Stock-Based Compensation($M) | 89 | 97 | 83 | 89 | 74 | 81 | 60 | 48 | 75 | 93 | 61 | 44 | |
Deferred Income Taxes (Cash Flow)($M) | 576 | 377 | 161 | 300 | 633 | -527 | -34 | -414 | -29 | -68 | -77 | -103 | |
Net Cash Used for Investing Activities($M) | -470 | -349 | -541 | -513 | -319 | -715 | -430 | -838 | -210 | -372 | -372 | -703 | |
Dividends Paid on Common Stock($M) | 800 | 796 | 816 | 799 | 765 | 771 | 796 | 778 | 749 | 752 | 780 | 767 | |
Repurchases of Common Stock($M) | 0 | -0 | -0 | 750 | 1,000 | 500 | 750 | 1,000 | 850 | 850 | 1,000 | 3,000 | |
Repayments of Long-Term Debt($M) | 0 | 168 | 1,000 | 500 | 0 | 142 | 0 | 0 | 0 | 0 | |||
Net Cash Used for Financing Activities($M) | -799 | -989 | -1,906 | -2,055 | -1,232 | 4 | -1,659 | -853 | -1,600 | -1,771 | 85 | -3,771 | |
1 metric has no data in the last 12 quarters — .
Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).
Methodology and excluded metrics
- Fiscal calendar & multi-source scope: Lockheed Martin Corporation (NYSE: LMT, CIK 0000936468) closes its interim quarters on the last Sunday of each calendar quarter and ends its fiscal year on December 31 (latest completed period is Q3 FY2026 ended September 27, 2026, filed October 22, 2026 — one quarter ahead of the Postgres DB baseline at Q2 FY2026). Data is extracted from 121 SEC filings (Form 10-K FY2017–FY2025, Form 10-Q FY2018Q1–FY2026Q3, Form 8-K Item 2.02 earnings releases FY2017Q4–FY2026Q3, Form 11-K across 4 employee savings plans FY2018–FY2025, Form SD Conflict Minerals Reports FY2019–FY2025, DEF 14A Proxy Statements FY2019–FY2025), the 2020–2025 ESG Performance Index & DNV Assurance Statements, Lockheed Martin UK Carbon Reduction Plans (FY2023–FY2025), USAspending.gov federal obligations (2018-01..2026-10), GCAT orbital launch & satellite catalogs (2015-01..2026-10), and FRED defense aerospace benchmarks.
- Aircraft & Helicopter Deliveries & F-35 Fleet Milestones (Group 1 — Primary Operational Key): Quarterly and annual deliveries of F-35 Lightning II (43 in Q3 2026; 191 in FY2025), F-16 Fighting Falcon (4 in Q3 2026; 16 in FY2025), C-130J Super Hercules (2 in Q3 2026; 17 in FY2025), and Sikorsky Government, International Military & Commercial Helicopters (23 total in Q3 2026; 89 in FY2025), plus cumulative F-35 production deliveries since program inception (1,387 aircraft through Q3 2026: 989 F-35A CTOL, 255 F-35B STOVL, and 143 F-35C Carrier Variant), F-35 unit backlog (274 aircraft at Q3 2026), F-35 share of consolidated net sales (27% in Q3 2026; 29% in FY2025), and reporting weeks per quarter.
- Segment Backlog, RPO & Net EAC Profit Booking Rate Adjustments (Group 2): Segment & Consolidated Backlog reaching a record $291,984M at Q3 2026 (up from $193,622M at FY2025, propelled by $142,517M at Missiles and Fire Control following the $52.5B multi-year PAC-3 MSE interceptor award), Remaining Performance Obligations (RPO) & contract liability revenue recognition, and Consolidated Net Profit Booking Rate (EAC) Adjustments by business segment ($375M in Q3 2026; $75M in FY2025 after $950M Aeronautics classified program and $665M RMS CMHP/TUHP helicopter reach-forward losses).
- 4-Way Segment Revenue Disaggregation Matrix, Published Margins & FAS/CAS Pension Reconciliation (Groups 3–5): Full ASC 606 / Note 16 disaggregation across Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, Space, and Total Consolidated by (a) Customer Category (U.S. Government, International [FMS & Direct Commercial], U.S. Commercial & Other), (b) Contract Pricing Type (Fixed-Price vs. Cost-Reimbursable), (c) Product vs. Service, and (d) Geographic Region (U.S., Europe, Asia Pacific, Middle East, Other), alongside published segment operating margins, FAS/CAS operating & non-operating pension adjustments, ULA 50% JV equity earnings, Contract Assets ($16,899M at Q3 2026) vs. Contract Liabilities ($12,644M), Inventory by stage, Pension/PRB obligations, and Environmental remediation accruals.
- Facilities by Segment, Global Workforce, Corporate ESG, Subsidiary LM UK, Form 11-K / Form SD / DEF 14A & External Trackers (Groups 6–9): Covers Owned (35.4M sq ft), Leased (14.1M sq ft) & U.S. Government-Owned GOCO (17.0M sq ft, including Air Force Plant 4 in Fort Worth and Plant 42 in Palmdale) floor space by segment, 6-year GRI/SASB workforce demographics, turnover, safety (TRIR 0.97), energy (3.27M MWh, 36% renewable electricity), Scope 1–3 GHG emissions, waste & water (FY2020–FY2025), subsidiary Lockheed Martin UK Scope 1–3 emissions (FY2023–FY2025), Form 11-K across 4 savings plans ($55.43B SSP net assets at FY2025), Form SD 3TG smelters, DEF 14A CEO Pay Ratio (180:1 in FY2025), USAspending.gov monthly federal contract obligations, GCAT ULA launches & LM satellites, and Postgres DB baseline financial statements extended to Q3 2026.
- No parent-only standalone financial statements exist under U.S. GAAP, so no Consolidated − Standalone subtraction is performed. All values are strictly as published (with verbatim quotes on hover for text-extracted metrics). The only arithmetic shown in table cells is period splitting (Q4 = full year − 9M; Q2 = 6M − Q1; Q3 = 9M − 6M), displayed in italic with the formula.
Data updated 2026-10-28.
Every KPI on its own page
Full history, chart, sources and a citation for each metric
1. Aircraft & Helicopter Deliveries & F-35 Fleet Milestones (Primary Operational Key)
- F-35 Lightning II — Production Aircraft Deliveries (Aeronautics)38 periods
- F-16 Fighting Falcon — Production Aircraft Deliveries (Aeronautics)5 periods
- C-130J Super Hercules — Production Aircraft Deliveries (Aeronautics)38 periods
- Sikorsky (RMS) — U.S. Government Helicopter Program Deliveries40 periods
- Reporting Calendar — Number of Weeks in Reporting Quarter35 periods
2. Segment Backlog, Remaining Performance Obligations (RPO) & Net EAC Contract Adjustments
3. Multi-Dimensional Segment Revenue Disaggregation (Customer Category, Contract Type & Product/Service)
- Aeronautics — U.S. Government Net Sales ($M)38 periods
- Aeronautics — Fixed-Price Contract Net Sales ($M)37 periods
- Missiles and Fire Control (MFC) — U.S. Government Net Sales ($M)38 periods
- Missiles and Fire Control (MFC) — Fixed-Price Contract Net Sales ($M)37 periods
- Rotary and Mission Systems (RMS) — U.S. Government Net Sales ($M)38 periods
- Rotary and Mission Systems (RMS) — Fixed-Price Contract Net Sales ($M)37 periods
- Space — U.S. Government Net Sales ($M)38 periods
- Space — Fixed-Price Contract Net Sales ($M)37 periods
- Total Consolidated — U.S. Government Net Sales ($M)37 periods
- Total Consolidated — Fixed-Price Contract Net Sales ($M)37 periods
4. Segment Geographic Revenue Matrix, Published Margins & FAS/CAS Unallocated Reconciliation
- Aeronautics — United States Net Sales ($M)37 periods
- Missiles and Fire Control (MFC) — United States Net Sales ($M)37 periods
- Rotary and Mission Systems (RMS) — United States Net Sales ($M)37 periods
- Space — United States Net Sales ($M)37 periods
- Total Consolidated — United States Net Sales ($M)37 periods
- Total Business Segment Operating Margin (Published %) (%)40 periods
- Total Consolidated Operating Margin (Published %) (%)40 periods
- Total Business Segment Operating Profit (Non-GAAP) ($M)40 periods
- Total FAS/CAS Pension Adjustment (Operating + Non-Operating) ($M)7 periods
- United Launch Alliance (ULA, 50% JV) — Equity Method Earnings ($M)18 periods
5. Contract Assets & Liabilities, Inventory Stages, PPE Breakdown, Pension Plans & Environmental
- Contract Assets (Unbilled Contract Receivables) ($M)36 periods
- Inventories — Work-in-Process ($M)44 periods
- Property, Plant and Equipment (Gross) — Machinery and Equipment ($M)10 periods
- Qualified Defined Benefit Pension Plans — Benefit Obligation (PBO) ($M)11 periods
- Retiree Medical and Life Insurance Plans — Benefit Obligation ($M)11 periods
- Environmental Remediation — Total Accrued Liabilities ($M)59 periods
6. Facilities Floor Space by Segment, Global Workforce, Safety & Corporate ESG (Energy, GHG, Waste, Water)
- Total Company — Total Floor Space (Owned, Leased & Government-Owned) (M sq ft)9 periods
- Aeronautics — Total Floor Space (M sq ft)9 periods
- Missiles and Fire Control — Total Floor Space (M sq ft)9 periods
- Rotary and Mission Systems — Total Floor Space (M sq ft)9 periods
- Space — Total Floor Space (M sq ft)9 periods
- Corporate Activities — Total Floor Space (M sq ft)9 periods
- Global Workforce — Total Employees6 periods
- Employee Turnover — Total Terminations6 periods
- Workforce Education — Graduate / PhD Degree Share (%) (%)6 periods
- Parental Leave — Total Employees Entitled to Paid Parental Leave6 periods
- Occupational Health & Safety — Total Recordable Incident Rate (TRIR)6 periods
- Total Energy Consumption6 periods
- Net Operational GHG Emissions (Scope 1 + Scope 2 Market-Based)6 periods
- Scope 3 Total Value Chain GHG Emissions6 periods
- Total Waste Generated6 periods
- Total Hazardous Waste Generated6 periods
- Total Water Withdrawal (M)6 periods
7. Subsidiary Lockheed Martin UK, Employee Savings Plans (Form 11-K), Conflict Minerals (Form SD) & Governance (DEF 14A)
- Lockheed Martin UK Holdings Ltd — Total GHG Emissions (Scope 1 + 2 + 3)3 periods
- Salaried Savings Plan (SSP, Form 11-K) — Total Net Assets Available for Benefits8 periods
- Performance Sharing Plan for Bargaining Employees (PSP, Form 11-K) — Net Assets8 periods
- Operations Support Savings Plan (OSSP, Form 11-K) — Net Assets8 periods
- Hourly Employee Savings Plan Plus (HSP, Form 11-K, Legacy Merged into PSP) — Net Assets7 periods
- Conflict Minerals (Form SD) — Total 3TG Smelters Identified in Supply Chain7 periods
- CEO Total Annual Compensation (DEF 14A Summary Compensation Table) ($)6 periods
8. External Independent Trackers: USAspending.gov Prime Contract Obligations, GCAT Space/ULA Launches & FRED Macro
- Total U.S. Federal Prime Contract Obligations Awarded to Lockheed Martin (USAspending.gov) ($M)106 periods
- U.S. Manufacturers' New Orders — Defense Aircraft and Parts (FRED ADEFNO) ($M)140 periods
- U.S. Industrial Production Index — Defense and Space Equipment (FRED IPB52300S)0 periods
- U.S. Manufacturers' New Orders — Nondefense Aircraft and Parts (FRED ANAPNO) ($M)140 periods
9. Segment & Consolidated Financial Statements (Database Baseline Extended to Q3 2026)
- Aeronautics — External Net Sales ($M)65 periods
- Missiles and Fire Control (MFC) — External Net Sales ($M)59 periods
- Rotary and Mission Systems (RMS) — External Net Sales ($M)59 periods
- Space — External Net Sales ($M)65 periods
- Consolidated Net Sales (GAAP) ($M)74 periods
- Consolidated Operating Profit (GAAP) ($M)74 periods
- Consolidated Net Earnings (GAAP) ($M)74 periods
- Total Consolidated Assets ($M)71 periods
- Total Consolidated Liabilities ($M)71 periods
- Total Stockholders' Equity ($M)73 periods
- Net Cash Provided by Operating Activities (OCF) ($M)73 periods