LM
LOCKHEED MARTIN CORP
LMT Industrials · Aerospace & Defense
Latest period 2026-06-28 · 39 filings on record
SHOWING
Fiscal years as the company filed them — each point is one closed year from its 10-K, ending on that year's own close. A year with no 10-K on file is assembled from its four quarters and labelled by its ending date instead; a year still open gets no column at all.
Ranked against Industrials · 69 peers
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-28.
Growth
78th pct
▲+48 over range · as of 2025-12-31
Quality
55th pct
▼−7 over range · as of 2025-12-31
Safety
42nd pct
▼−11 over range · as of 2025-12-31
OVERVIEWYoY Δ
Latest fiscal year · ending 2025-12-31 · green = improving · click a row to chart it
Revenue $75.0B +5.6% Gross margin 10.2% +0.4pp CHARTED Operating margin 10.3% +0.4pp Net margin 6.7% −0.8pp Net income $5.0B −6.0%
Debt / equity
3.23
+0.9%
EPS (diluted)
$21.49
−3.7%
EBITDA
$9.4B
+9.9%
Filings
FY 2018 → FY 2025 · following the period bar 28 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
| 2018 | no filing | no filing | no filing | 10-K FY 2018 |
All 28 filings
10-Q Q2 2024 2024-07-23 Pro → 10-Q Q1 2024 2024-04-23 Pro → 10-K FY 2023 2024-01-23 Pro → 10-Q Q3 2023 2023-10-17 Pro → 10-Q Q2 2023 2023-07-19 Pro → 10-Q Q1 2023 2023-04-18 Pro → 10-K FY 2022 2023-01-26 Pro → 10-Q Q3 2022 2022-10-18 Pro → 10-Q Q2 2022 2022-07-19 Pro → 10-Q Q1 2022 2022-04-20 Pro → 10-K FY 2021 2022-01-25 Pro → 10-Q Q3 2021 2021-10-26 Pro → 10-Q Q2 2021 2021-07-26 Pro → 10-Q Q1 2021 2021-04-21 Pro → 10-K FY 2020 2021-01-28 Pro → 10-Q Q3 2020 2020-10-22 Pro → 10-Q Q2 2020 2020-07-21 Pro → 10-Q Q1 2020 2020-04-22 Pro → 10-K FY 2019 2020-02-07 Pro → 10-Q Q3 2019 2019-10-24 Pro → 10-K FY 2018 2019-02-08 Pro → 10-K FY 2021 2011-02-25 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Fiscal years as the company filed them
Revenue
| Period | Period end | Revenue |
|---|---|---|
| FY 2018 | 2018-12-31 | $53.8B |
| FY 2019 | 2019-12-31 | $59.8B |
| FY 2020 | 2020-12-31 | $65.4B |
| FY 2021 | 2021-12-31 | $67.0B |
| FY 2022 | 2022-12-31 | $66.0B |
| FY 2023 | 2023-12-31 | $67.6B |
| FY 2024 | 2024-12-31 | $71.0B |
| FY 2025 | 2025-12-31 | $75.0B |
Net income
| Period | Period end | Net income |
|---|---|---|
| FY 2018 | 2018-12-31 | $5.0B |
| FY 2019 | 2019-12-31 | $6.2B |
| FY 2020 | 2020-12-31 | $6.8B |
| FY 2021 | 2021-12-31 | $6.3B |
| FY 2022 | 2022-12-31 | $5.7B |
| FY 2023 | 2023-12-31 | $6.9B |
| FY 2024 | 2024-12-31 | $5.3B |
| FY 2025 | 2025-12-31 | $5.0B |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| FY 2018 | 2018-12-31 | $7.3B |
| FY 2019 | 2019-12-31 | $8.5B |
| FY 2020 | 2020-12-31 | $8.6B |
| FY 2021 | 2021-12-31 | $9.1B |
| FY 2022 | 2022-12-31 | $8.3B |
| FY 2023 | 2023-12-31 | $8.5B |
| FY 2024 | 2024-12-31 | $7.0B |
| FY 2025 | 2025-12-31 | $7.7B |
Gross margin
| Period | Period end | Gross margin |
|---|---|---|
| FY 2018 | 2018-12-31 | 13.5% |
| FY 2019 | 2019-12-31 | 14.0% |
| FY 2020 | 2020-12-31 | 13.2% |
| FY 2021 | 2021-12-31 | 13.5% |
| FY 2022 | 2022-12-31 | 12.6% |
| FY 2023 | 2023-12-31 | 12.5% |
| FY 2024 | 2024-12-31 | 9.8% |
| FY 2025 | 2025-12-31 | 10.2% |
ZOOM
FY 2011
FY 2025
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
78
Quality
55
Safety
42
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| FY 2018 | 2018-12-31 | not scored | not scored | not scored |
| FY 2019 | 2019-12-31 | not scored | not scored | not scored |
| FY 2020 | 2020-12-31 | not scored | not scored | not scored |
| FY 2021 | 2021-12-31 | not scored | not scored | not scored |
| FY 2022 | 2022-12-31 | not scored | not scored | not scored |
| FY 2023 | 2023-12-31 | 30 | 62 | 52 |
| FY 2024 | 2024-12-31 | 13 | 50 | 24 |
| FY 2025 | 2025-12-31 | 78 | 55 | 42 |