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.

Revenue
+11.3%
EPS
+14.6%
Free cash flow
−10.4%
Total debt
−7.62%

Quarter to September 2026, against a year earlier

577.58 17.46 −2.93%
Market cap
$133.1B
P/E
20.4×
Fwd P/E
20.8×
Dividend yield
2.39%
F-score
6/9
Altman Z
3.32
Beneish M
−2.24
Dividend safety
76/100

Lockheed Martin Corporation (LMT) Shares outstanding

Alert me on 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 September 2026 it was $231.5M. 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 18th of 91 Aerospace & Defense companies by shares outstanding.

Shares outstanding, annual

Embed this chart

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
Sep 2026 $231.5M 0.17%
Jun 2026 $231.1M 0.00%
Mar 2026 $231.1M (1.03%)
Dec 2025 $233.5M 0.30%
43 more quarters

Against its own ten years

Low $233.5M High $314.7M
Ten-year median $281.2M
Current reading's percentile 9

Shares outstanding against peers

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

The full definition of Shares outstanding →

More on LMT