FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

LMT
2026-06-28 · figures in $M

LITTLE CHANGED

Net debt was little changed at $17.6B, and stands at 1.87× annualized EBITDA.

CASH +66.0%
4,121
TOTAL DEBT +7.1%
21,700
NET DEBT -1.2%
17,579
NET DEBT / ANN. EBITDA -10.0%
1.87× TARGET <2.0×
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
772 1,514 3,160 3,604 2,547 1,442 2,483 4,121 +66.0%
Accounts receivable
10-Q
2,444 2,337 1,978 1,963 2,505 2,132 2,351 3,901 +65.9%
Inventories
10-Q
2,997 3,619 3,545 2,981 3,088 3,132 3,474 3,524 +1.4%
Other current assets
10-Q
418 531 1,150 688 533 632 584 815 +39.6%
Total current assets
10-Q
16,103 17,095 19,378 19,815 20,991 20,521 21,849 25,362 +16.1%
Current ratio
10-Q
1.12× 1.22× 1.39× 1.42× 1.32× 1.21× 1.13× 1.09× -3.4%
Goodwill
10-Q
10,769 10,604 10,806 10,813 10,780 10,799 11,067 11,314 +2.2%
Property, plant & equipment
RESTATED · WAS 8,875 10-Q
6,124 6,591 7,213 7,597 7,975 8,370 8,726 11,292 +29.4%
Total assets
10-Q
44,876 47,528 50,710 50,873 52,880 52,456 55,617 59,840 +7.6%
Return on assets (annualized)
10-Q
11.2% 13.1% 13.5% 12.4% 10.8% 13.2% 9.6% 8.4% -12.6%
Accounts payable
10-Q
2,402 1,281 880 780 2,117 2,312 2,222 3,630 +63.4%
Short-term debt
10-Q
1,500 1,250 500 6 118 168 643 1,168 +81.6%
Total current liabilities
10-Q
14,398 13,972 13,933 13,997 15,887 16,937 19,420 23,335 +20.2%
Long-term debt
10-Q
12,604 11,404 11,669 11,670 15,429 17,291 19,627 20,532 +4.6%
Total liabilities
10-Q
43,427 44,357 44,672 39,914 43,614 45,621 49,284 53,119 +7.8%
Net debt
10-Q
13,932 11,140 9,009 8,072 13,000 16,017 17,787 17,579 -1.2%
Stockholders' equity
10-Q
1,449 3,171 6,038 10,959 9,266 6,835 6,333 6,721 +6.1%
Net debt / TTM EBITDA
10-Q
1.64× 1.18× 0.93× 0.77× 1.33× 1.61× 2.08× 1.87× -10.0%

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SELECTED · NET DEBT · QoQ BRIDGE
FROM17,787 TOTAL DEBT+1,430 CASH & EQUIVALENTS-1,638 TO17,579
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗