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.
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Lockheed Martin Corporation (LMT) Shares outstanding
Lockheed Martin Corporation's shares outstanding at the end of fiscal 2025 was $233.5M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $231.1M. Over the past ten years it has ranged from $233.5M (fiscal 2025) to $314.7M (fiscal 2015) — the current reading is the lowest in ten years. Lockheed Martin Corporation ranks 14th of 81 Aerospace & Defense companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $233.5M | (2.38%) |
| FY2024 | $239.2M | (4.78%) |
| FY2023 | $251.2M | (5.06%) |
| FY2022 | $264.6M | (4.61%) |
| FY2021 | $277.4M | (1.35%) |
| FY2020 | $281.2M | (0.92%) |
| FY2019 | $283.8M | (1.05%) |
| FY2018 | $286.8M | (1.31%) |
| FY2017 | $290.6M | (4.12%) |
| FY2016 | $303.1M | (3.69%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $231.1M | 0.00% |
| Mar 2026 | $231.1M | (1.03%) |
| Dec 2025 | $233.5M | 0.30% |
| Sep 2025 | $232.8M | (0.64%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| RTX RTX Corporation compare | $1.4B |
| GE GE Aerospace compare | $1.0B |
| BA The Boeing Company compare | $790.6M |
| HWM Howmet Aerospace Inc. compare | $402.0M |
| GD General Dynamics Corporation compare | $273.5M |
| LMT Lockheed Martin Corporation | $231.1M |
| LHX L3Harris Technologies Inc compare | $187.3M |
| NOC Northrop Grumman Corporation compare | $142.4M |
| TDG Transdigm Group Incorporated compare | $57.4M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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