FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

LMT
2026-06-28 · figures in $M

FCF UP

Free cash flow rose 31% to $6.9B, and covered net income 1.38×.

CASH FROM OPS +22.7%
8,557 11.4% MGN
CAPITAL EXPENDITURE -2.1%
1,649
FREE CASH FLOW +30.7%
6,908
FCF / NET INCOME +39.0%
1.38× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
5,046 6,230 6,833 6,315 5,732 6,920 5,336 5,017 -6.0% 6,287 2024-09-29 · $1.6B2024-12-31 · $527.0M2025-03-30 · $1.7B2025-06-29 · $342.0M2025-09-28 · $1.6B2025-12-31 · $1.3B2026-03-29 · $1.5B2026-06-28 · $1.8B
Depreciation & amortization
1,161 906 1,019 1,364 1,404 1,430 1,559 1,687 +8.2% —
Stock-based comp
173 189 221 227 238 265 277 304 +9.7% 343
Cash from operations
3,138 7,311 8,183 9,221 7,802 7,920 6,972 8,557 +22.7% 10,402 2024-09-29 · $2.4B2024-12-31 · $1.0B2025-03-30 · $1.4B2025-06-29 · $201.0M2025-09-28 · $3.7B2025-12-31 · $3.2B2026-03-29 · $220.0M2026-06-28 · $3.2B
Cash conversion
0.62× 1.17× 1.20× 1.46× 1.36× 1.14× 1.31× 1.71× +30.5% 1.65×
Capital expenditures
(1,278) (1,484) (1,766) (1,522) (1,670) (1,691) (1,685) (1,649) -2.1% (1,673)
Free cash flow
1,860 5,827 6,417 7,699 6,132 6,229 5,287 6,908 +30.7% 8,729 2024-09-29 · $2.1B2024-12-31 · $441.0M2025-03-30 · $955.0M2025-06-29 · -$150.0M2025-09-28 · $3.3B2025-12-31 · $2.8B2026-03-29 · -$291.0M2026-06-28 · $2.9B
FCF margin
3.5% 9.7% 9.8% 11.5% 9.3% 9.2% 7.4% 9.2% +23.7% 11.3%
Cash from investing
-1,075 -1,241 -2,010 -1,161 -1,789 -1,694 -1,792 -1,977 — -1,722
Dividends paid
2,347 2,556 2,764 2,940 3,016 3,056 3,059 3,131 +2.4% 3,176
Share repurchases
1,492 1,200 1,100 4,087 7,900 6,000 3,700 3,000 -18.9% 1,750
Debt repayment
750 900 1,650 500 2,250 115 168 642 3.8× 1,668
Cash from financing
-4,152 -5,328 -4,527 -7,616 -7,070 -7,331 -4,139 -4,942 — -6,182
Net change in cash
-2,089 742 1,646 444 -1,057 -1,105 1,041 1,638 +57.3% 2,498
Ending cash balance
772 1,514 3,160 3,604 2,547 1,442 2,483 4,121 +66.0% 3,791

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM5,287 CASH FROM OPERATIONS+1,585 CAPITAL EXPENDITURES+36 TO6,908
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗