Lockheed Martin Corporation LMT

519.56 (4.14) (0.79%) as of 25 Sep
Market cap
$120.7B
P/E
19.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Lockheed Martin Corporation (LMT) Gross margin

Lockheed Martin Corporation's gross margin over the twelve months to 30 June 2026 was 11.8%, up 1.6 percentage points from fiscal 2025 (10.2%). Over the past ten years it has ranged from 9.75% (fiscal 2024) to 14.0% (fiscal 2019); the current reading is higher than 18% of that period. That is below the Aerospace & Defense industry median of 25.5% and below the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 10.2% 0.40
FY2024 9.75% (2.80)
FY2023 12.6% (0.01)
FY2022 12.6% (0.96)
FY2021 13.5% 0.29
FY2020 13.2% (0.76)
FY2019 14.0% 0.46
FY2018 13.5% 0.78
FY2017 12.8% 1.33
FY2016 11.4% 0.34

Quarterly

Period Gross margin Change (points)
Jun 2026 12.2% 0.66
Mar 2026 11.5% 0.10
Dec 2025 11.4% (0.61)
Sep 2025 12.0% 8.00
42 more quarters

Against its own ten years

Low 9.75% High 14.0%
Ten-year median 12.6%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
TDG Transdigm Group Incorporated compare 59.6%
RKLB Rocket Lab Corporation compare 37.3%
HWM Howmet Aerospace Inc. compare 36.0%
LHX L3Harris Technologies Inc compare 25.5%
RTX RTX Corporation compare 20.4%
NOC Northrop Grumman Corporation compare 20.1%
GD General Dynamics Corporation compare 15.4%
LMT Lockheed Martin Corporation 11.8%
BA The Boeing Company compare 4.68%
Aerospace & Defense industry median 25.5%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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