Lockheed Martin Corporation
LMT Industrials Aerospace & Defense
Lockheed Martin Corporation’s revenue for fiscal 2025 (year ended December 2025) was $75.0 billion, up 5.64% from fiscal 2024. In the quarter to June 2026, revenue grew 10.5%, EPS grew 446.6%, free cash flow grew 2,044.7% and total debt fell 5.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three.
Follow LMT
Lockheed Martin Corporation (LMT) EBITDA
Lockheed Martin Corporation's EBITDA for fiscal 2025 was $9.4B, up 9.87% from $8.6B in fiscal 2024. Over the twelve months to 30 June 2026 it was $10.8B. Over the past ten years it has ranged from $5.7B (fiscal 2015) to $10.5B (fiscal 2021); the current reading is higher than 55% of that period. Lockheed Martin Corporation ranks 3rd of 80 Aerospace & Defense companies by EBITDA.
EBITDA, annual
Embed this chart
Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $9.4B | 9.87% |
| FY2024 | $8.6B | (13.74%) |
| FY2023 | $9.9B | 1.90% |
| FY2022 | $9.8B | (7.01%) |
| FY2021 | $10.5B | 5.57% |
| FY2020 | $9.9B | 2.05% |
| FY2019 | $9.7B | 14.59% |
| FY2018 | $8.5B | 7.00% |
| FY2017 | $7.9B | 11.77% |
| FY2016 | $7.1B | 23.79% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $2.9B | 16.98% |
| Mar 2026 | $2.5B | (11.92%) |
| Dec 2025 | $2.8B | 3.18% |
| Sep 2025 | $2.7B | 136.09% |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| RTX RTX Corporation compare | $14.9B |
| GE GE Aerospace compare | $13.0B |
| LMT Lockheed Martin Corporation | $10.8B |
| BA The Boeing Company compare | $6.8B |
| GD General Dynamics Corporation compare | $6.6B |
| NOC Northrop Grumman Corporation compare | $6.1B |
| TDG Transdigm Group Incorporated compare | $5.0B |
| LHX L3Harris Technologies Inc compare | $3.7B |
| HWM Howmet Aerospace Inc. compare | $2.8B |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on LMT
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement