LMT
Lockheed Martin Corporation
NYSE · USIndustrialsAerospace & Defense
$509.54+0.15%
Price as of Jul 20, 2026
LMT financials
Lockheed Martin Corporation financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $75.1B | $71.0B | $67.6B | $66.0B |
| Cost of revenue | $67.4B | $64.1B | $59.1B | $57.7B |
| Gross profit | $7.6B | $6.9B | $8.5B | $8.3B |
| Operating expenses | -$112.0M | -$83.0M | -$28.0M | -$61.0M |
| Operating income | $7.7B | $7.0B | $8.5B | $8.3B |
| Net income | $5.0B | $5.3B | $6.9B | $5.7B |
| EBITDA | $7.8B | $8.8B | $10.4B | $8.7B |
| Basic EPS | $21.56 | $22.39 | $27.65 | $21.74 |
| Diluted EPS | $21.49 | $22.31 | $27.55 | $21.66 |
| Balance sheet | ||||
| Cash & equivalents | $4.1B | $2.5B | $1.4B | $2.5B |
| Total assets | $59.8B | $55.6B | $52.5B | $52.9B |
| Total liabilities | $53.1B | $49.3B | $45.6B | $43.6B |
| Stockholders’ equity | $6.7B | $6.3B | $6.8B | $9.3B |
| Total debt | $21.7B | $20.3B | $17.5B | $15.5B |
| Net debt | $17.6B | $17.8B | $16.0B | $13.0B |
| Cash flow | ||||
| Operating cash flow | $8.6B | $7.0B | $7.9B | $7.8B |
| Capital expenditure | -$1.6B | -$1.7B | -$1.7B | -$1.7B |
| Free cash flow | $6.9B | $5.3B | $6.2B | $6.1B |
| Dividends paid | -$3.1B | -$3.1B | -$3.1B | -$3.0B |
| Share repurchases | -$3.0B | -$3.7B | -$6.0B | -$7.9B |