LOCKHEED MARTIN CORP
LMT Industrials · Aerospace & DefenseEach 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.
▲+42 over range · as of 2026-06-28
Revenue +10.5% YoY, earnings +436.8% YoY · sector avg 71
▼−4 over range · as of 2026-06-28
9.2% net margin, 72% return on equity, 11% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
▼−8 over range · as of 2026-06-28
9x interest coverage, 1.2x current ratio · sector avg 78
Trailing twelve months · ending 2026-06-28 · green = improving · click a row to chart it
Revenue $77.0B +2.5% Gross margin 11.8% +2.0pp Operating margin 11.9% +2.0pp CHARTED Net margin 8.2% +1.8pp Net income $6.3B +31.2%Filings
TTM 21-09 → TTM 26-06 · following the period bar 24 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 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 | no filing | no filing | no filing | 10-K FY 2020 |
All 24 filings
10-K FY 2024 2025-01-28 Pro → 10-Q Q3 2024 2024-10-22 Pro → 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-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
| Period | Period end | Revenue |
|---|---|---|
| TTM 21-09 | 2021-09-26 | $66.3B |
| TTM 21-12 | 2021-12-31 | $67.0B |
| TTM 22-03 | 2022-03-27 | $65.8B |
| TTM 22-06 | 2022-06-26 | $64.2B |
| TTM 22-09 | 2022-09-25 | $64.7B |
| TTM 22-12 | 2022-12-31 | $66.0B |
| TTM 23-03 | 2023-03-26 | $66.1B |
| TTM 23-06 | 2023-06-25 | $67.4B |
| TTM 23-09 | 2023-09-24 | $67.7B |
| TTM 23-12 | 2023-12-31 | $67.6B |
| TTM 24-03 | 2024-03-31 | $69.6B |
| TTM 24-06 | 2024-06-30 | $71.1B |
| TTM 24-09 | 2024-09-29 | $71.3B |
| TTM 24-12 | 2024-12-31 | $71.0B |
| TTM 25-03 | 2025-03-30 | $71.8B |
| TTM 25-06 | 2025-06-29 | $71.8B |
| TTM 25-09 | 2025-09-28 | $73.3B |
| TTM 25-12 | 2025-12-31 | $75.0B |
| TTM 26-03 | 2026-03-29 | $75.1B |
| TTM 26-06 | 2026-06-28 | $77.0B |
| Period | Period end | Net income |
|---|---|---|
| TTM 21-09 | 2021-09-26 | $6.1B |
| TTM 21-12 | 2021-12-31 | $6.3B |
| TTM 22-03 | 2022-03-27 | $6.2B |
| TTM 22-06 | 2022-06-26 | $4.7B |
| TTM 22-09 | 2022-09-25 | $5.9B |
| TTM 22-12 | 2022-12-31 | $5.7B |
| TTM 23-03 | 2023-03-26 | $5.7B |
| TTM 23-06 | 2023-06-25 | $7.1B |
| TTM 23-09 | 2023-09-24 | $7.0B |
| TTM 23-12 | 2023-12-31 | $6.9B |
| TTM 24-03 | 2024-03-31 | $6.8B |
| TTM 24-06 | 2024-06-30 | $6.7B |
| TTM 24-09 | 2024-09-29 | $6.7B |
| TTM 24-12 | 2024-12-31 | $5.3B |
| TTM 25-03 | 2025-03-30 | $5.5B |
| TTM 25-06 | 2025-06-29 | $4.2B |
| TTM 25-09 | 2025-09-28 | $4.2B |
| TTM 25-12 | 2025-12-31 | $5.0B |
| TTM 26-03 | 2026-03-29 | $4.8B |
| TTM 26-06 | 2026-06-28 | $6.3B |
| Period | Period end | Operating income |
|---|---|---|
| TTM 21-09 | 2021-09-26 | $9.0B |
| TTM 21-12 | 2021-12-31 | $9.1B |
| TTM 22-03 | 2022-03-27 | $8.9B |
| TTM 22-06 | 2022-06-26 | $8.6B |
| TTM 22-09 | 2022-09-25 | $8.5B |
| TTM 22-12 | 2022-12-31 | $8.3B |
| TTM 23-03 | 2023-03-26 | $8.5B |
| TTM 23-06 | 2023-06-25 | $8.6B |
| TTM 23-09 | 2023-09-24 | $8.5B |
| TTM 23-12 | 2023-12-31 | $8.5B |
| TTM 24-03 | 2024-03-31 | $8.5B |
| TTM 24-06 | 2024-06-30 | $8.5B |
| TTM 24-09 | 2024-09-29 | $8.6B |
| TTM 24-12 | 2024-12-31 | $7.0B |
| TTM 25-03 | 2025-03-30 | $7.4B |
| TTM 25-06 | 2025-06-29 | $6.0B |
| TTM 25-09 | 2025-09-28 | $6.1B |
| TTM 25-12 | 2025-12-31 | $7.7B |
| TTM 26-03 | 2026-03-29 | $7.4B |
| TTM 26-06 | 2026-06-28 | $9.2B |
| Period | Period end | Operating margin |
|---|---|---|
| TTM 21-09 | 2021-09-26 | 13.5% |
| TTM 21-12 | 2021-12-31 | 13.6% |
| TTM 22-03 | 2022-03-27 | 13.5% |
| TTM 22-06 | 2022-06-26 | 13.5% |
| TTM 22-09 | 2022-09-25 | 13.1% |
| TTM 22-12 | 2022-12-31 | 12.7% |
| TTM 23-03 | 2023-03-26 | 12.8% |
| TTM 23-06 | 2023-06-25 | 12.8% |
| TTM 23-09 | 2023-09-24 | 12.6% |
| TTM 23-12 | 2023-12-31 | 12.6% |
| TTM 24-03 | 2024-03-31 | 12.2% |
| TTM 24-06 | 2024-06-30 | 12.0% |
| TTM 24-09 | 2024-09-29 | 12.1% |
| TTM 24-12 | 2024-12-31 | 9.9% |
| TTM 25-03 | 2025-03-30 | 10.2% |
| TTM 25-06 | 2025-06-29 | 8.3% |
| TTM 25-09 | 2025-09-28 | 8.3% |
| TTM 25-12 | 2025-12-31 | 10.3% |
| TTM 26-03 | 2026-03-29 | 9.9% |
| TTM 26-06 | 2026-06-28 | 11.9% |
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.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 21-09 | 2021-09-26 | not scored | not scored | not scored |
| TTM 21-12 | 2021-12-31 | not scored | not scored | not scored |
| TTM 22-03 | 2022-03-27 | not scored | not scored | not scored |
| TTM 22-06 | 2022-06-26 | not scored | not scored | not scored |
| TTM 22-09 | 2022-09-25 | not scored | not scored | not scored |
| TTM 22-12 | 2022-12-31 | not scored | not scored | not scored |
| TTM 23-03 | 2023-03-26 | not scored | not scored | not scored |
| TTM 23-06 | 2023-06-25 | not scored | not scored | not scored |
| TTM 23-09 | 2023-09-24 | 34 | 61 | 55 |
| TTM 23-12 | 2023-12-31 | 30 | 62 | 52 |
| TTM 24-03 | 2024-03-31 | 53 | 59 | 50 |
| TTM 24-06 | 2024-06-30 | 50 | 59 | 45 |
| TTM 24-09 | 2024-09-29 | 28 | 56 | 53 |
| TTM 24-12 | 2024-12-31 | 13 | 50 | 24 |
| TTM 25-03 | 2025-03-30 | 57 | 59 | 46 |
| TTM 25-06 | 2025-06-29 | 13 | 45 | 18 |
| TTM 25-09 | 2025-09-28 | 54 | 56 | 46 |
| TTM 25-12 | 2025-12-31 | 78 | 55 | 42 |
| TTM 26-03 | 2026-03-29 | 12 | 52 | 45 |
| TTM 26-06 | 2026-06-28 | 76 | 57 | 47 |