Lockheed Martin financials
$512.21−1.14%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.05B | $71.04B | $67.57B | $65.98B | $67.04B | $65.40B | $59.81B | $53.76B | $49.96B | $47.29B |
| Gross profit | $6.69B | $5.97B | $7.34B | $7.38B | $9.06B | $8.65B | $8.37B | $7.37B | $6.37B | $5.40B |
| Gross margin | 8.9% | 8.4% | 10.9% | 11.2% | 13.5% | 13.2% | 14.0% | 13.7% | 12.8% | 11.4% |
| Operating income | $7.73B | $7.01B | $8.51B | $8.35B | $9.12B | $8.87B | $7.97B | $7.33B | $6.74B | $5.89B |
| Net income | $5.02B | $5.34B | $6.92B | $5.73B | $6.32B | $6.83B | $6.23B | $5.05B | $1.96B | $5.17B |
| Net margin | 6.7% | 7.5% | 10.2% | 8.7% | 9.4% | 10.4% | 10.4% | 9.4% | 3.9% | 10.9% |
| Diluted EPS | $21.49 | $22.31 | $27.55 | $21.66 | $22.76 | $24.30 | $21.95 | $17.59 | $6.75 | $17.07 |
| EBITDA | $9.48B | $8.66B | $10.03B | $9.85B | $10.49B | $10.16B | $9.16B | $8.59B | $7.94B | $7.10B |
| Operating cash flow | $8.56B | $6.97B | $7.92B | $7.80B | $9.22B | $8.18B | $7.31B | $3.14B | $6.48B | $5.19B |
| Free cash flow | $6.91B | $5.29B | $6.23B | $6.13B | $7.70B | $6.42B | $5.83B | $1.86B | $5.30B | $4.13B |
| Diluted shares | 233.5M | 239.2M | 251.2M | 264.6M | 277.4M | 281.2M | 283.8M | 286.8M | 290.6M | 303.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.12B | $2.48B | $1.44B | $2.55B | $3.60B | $3.16B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $21.70B | $20.27B | $17.46B | $15.55B | $11.67B | $12.17B |
| Total assets | $59.84B | $55.62B | $52.46B | $52.88B | $50.87B | $50.71B |
| Total liabilities | $53.12B | $49.28B | $45.62B | $43.61B | $39.91B | $44.67B |
| Shareholders' equity | $6.72B | $6.33B | $6.83B | $9.27B | $10.96B | $6.04B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology