LOCKHEED MARTIN CORP
Company Stats
- Market Cap
- $117.5B
- as of Sep 30, 2026
- Enterprise Value
- $136.3B
- Shares Outstanding
- 230.8M
- Free Float
- 100.0%
Income Statement
- Revenue
- $75.0B
- Operating Income
- $7.7B
- Net Income
- $5.0B
- EBITDA
- $9.4B
- Revenue Growth, 3Y
- 4.4%
- FCF Margin, 3Y Avg
- 8.6%
- FCF Margin, Worst Year
- 7.4%
Cash Flow
- Free Cash Flow
- $6.9B
- FCF Yield
- 5.9%
- Owner FCF Yield
- 5.6%
Balance Sheet
- Cash & Equivalents
- $4.1B
- Total Debt
- $22.9B
- Net Debt
- $18.8B
- Net Debt / EBITDA
- 2.00x
- EV / EBITDA
- 14.47x
- Net Debt / EBIT
- 2.43x
Returns & Capital
- Dividends Paid
- $3.1B
- Dividend Yield
- 2.7%
- Dividend Payout, 3Y Avg
- 54.6%
- Share Repurchases
- $3.0B
- Buyback Yield, 3Y Avg
- 3.6%
- SBC, 3Y Avg
- $282.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $75.0B | $6.9B | 9.2% |
| FY2024 | $71.0B | $5.3B | 7.4% |
| FY2023 | $67.6B | $6.2B | 9.2% |
| FY2022 | $66.0B | $6.1B | 9.3% |
| FY2021 | $67.0B | $7.7B | 11.5% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Defense Ramps Offer Cash Protection Before Proven Returns
Stronger demand supports expansion as pricing diverges