FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

LMT
2026-06-28 · figures in $M

FCF UP

Free cash flow rose 54% to $8.7B — the highest of its last 8 readings, and covered net income 1.39×.

CASH FROM OPS +41.2%
10,402 13.5% MGN
CAPITAL EXPENDITURE -1.9%
1,673
FREE CASH FLOW +54.2%
8,729
FCF / NET INCOME +17.5%
1.39× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
6,675 5,336 5,503 4,204 4,200 5,017 4,793 6,287 +31.2% +49.5% 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
Stock-based comp
273 277 276 264 263 304 327 343 +4.9% +29.9% 343
Cash from operations
8,314 6,972 6,746 5,071 6,361 8,557 7,368 10,402 +41.2% +105.1% 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
1.25× 1.31× 1.23× 1.21× 1.51× 1.71× 1.54× 1.65× +7.6% +37.2% 1.65×
Capital expenditures
(1,807) (1,685) (1,761) (1,742) (1,768) (1,649) (1,706) (1,673) -1.9% -4.0% (1,673)
Free cash flow
6,507 5,287 4,985 3,329 4,593 6,908 5,662 8,729 +54.2% +162.2% 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
9.1% 7.4% 6.9% 4.6% 6.3% 9.2% 7.5% 11.3% +50.3% +144.6% 11.3%
Cash from investing
-1,657 -1,792 -1,850 -2,193 -2,302 -1,977 -2,088 -1,722 — — -1,722
Dividends paid
3,048 3,059 3,075 3,094 3,110 3,131 3,151 3,176 +0.8% +2.7% 3,176
Share repurchases
5,700 3,700 3,450 3,100 3,250 3,000 2,250 1,750 -22.2% -43.5% 1,750
Debt repayment
NOT DISCLOSED
— — — 142 142 642 1,642 1,668 +1.6% 11.7× 1,668
Cash from financing
-7,057 -4,139 -5,883 -4,108 -3,740 -4,942 -5,189 -6,182 — — -6,182
Net change in cash
-400 1,041 -987 -1,230 319 1,638 91 2,498 27.5× — 2,498
Ending cash balance
3,151 2,483 1,803 1,293 3,470 4,121 1,894 3,791 +100.2% +193.2% 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
FROM5,662 CASH FROM OPERATIONS+3,034 CAPITAL EXPENDITURES+33 TO8,729
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-23 ↗