Income StatementBalance SheetCash FlowSegments
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Lockheed Martin Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Lockheed Martin holds $59.2B in total assets. Shareholders' equity is $7.5B against $20.7B in total debt. Cash and equivalents total $1.9B. The current ratio is 1.14 and debt-to-equity is 2.76. Based on the Q1 2026 filing.

Total Assets$59.2BTotal Stockholders Equity$7.5BLong Term Debt$20.5BCash And Equivalents$1.9BTotal Current Assets$25.1BTotal Current Liabilities$22.1B
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$121.81B
P/E Ratio25.41
ROE67.64%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$2.2B$3.8B$3.7B$3.8B$3.6B$4.7B
Accrued expenses$3.1B$2.4B$2.8B$3.1B$3.2B$2.7B
Accrued Manufacturing Costs$3.1B$2.4B$2.8B$3.1B$3.2B$2.7B
Compensation and benefits$3.1B$2.4B$2.8B$3.1B$3.2B$2.7B
Other accrued liabilities$3.6B$4.0B$5.0B$4.1B$3.9B$3.8B
Current portion of long-term debt$643.0M$1.6B$3.1B$1.7B$1.2B$168.0M
Deferred revenue$9.8B$9.4B$9.9B$10.3B$11.4B$10.7B
Note payable to DIRECTV$3.6B$4.0B$5.0B$4.1B$3.9B$3.8B
Total current liabilities$19.4B$21.2B$24.4B$23.0B$23.3B$22.1B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.4B$2.0B$3.3B$3.8B$3.9B$2.3B
Cash and cash equivalents$2.5B$1.8B$1.3B$3.5B$4.1B$1.9B
Contract assets$13.0B$14.7B$14.9B$13.9B$13.0B$15.9B
Other current assets$584.0M$698.0M$794.0M$924.0M$815.0M$728.0M
Inventories$3.5B$3.6B$3.7B$3.7B$3.5B$4.3B
Prepaid expenses and other current assets$584.0M$698.0M$794.0M$924.0M$815.0M$728.0M
Total current assets$21.8B$22.8B$24.0B$25.9B$25.4B$25.1B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$0.0$0.0$0.0$0.0$0.0$32.0M
Accumulated other comprehensive income (loss)-$8.5B-$8.3B-$8.2B-$8.1B-$7.5B-$7.5B
Common stock$234.0M$233.0M$232.0M$230.0M$229.0M$230.0M
Additional paid-in capital$0.0$0.0$0.0$0.0$0.0$32.0M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$234.0M$233.0M$232.0M$230.0M$229.0M$230.0M
Retained earnings$14.6B$14.8B$13.3B$14.1B$14.0B$14.7B
Total liabilities and stockholders' equity$55.6B$56.7B$58.9B$60.3B$59.8B$59.2B
Total stockholders' equity$6.3B$6.7B$5.3B$6.2B$6.7B$7.5B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capitalized Computer Software, Net$1.9B———$2.4B—
Deferred tax assets$3.6B$3.6B$4.1B$3.4B$3.0B$2.8B
Deferred Tax Assets and Other Non-Current Assets$6.5B$8.6B$8.8B$8.9B$7.0B$6.9B
Goodwill$11.1B$11.1B$11.3B$11.3B$11.3B$11.3B
Intangible assets, net$2.0B$2.0B$2.0B$1.9B$1.9B$1.8B
Capitalized software licenses$1.9B———$2.4B—
Deferred tax assets$3.6B$3.6B$4.1B$3.4B$3.0B$2.8B
Other intangible assets—net$2.0B$2.0B$2.0B$1.9B$1.9B$1.8B
Other non-current assets$6.5B$8.6B$8.8B$8.9B$7.0B$6.9B
Other non-current assets$6.5B$8.6B$8.8B$8.9B$7.0B$6.9B
Property and equipment, net$8.7B$8.7B$8.7B$8.7B$11.3B$11.3B
Software and Technology Licenses, Net$1.9B$8.6B$8.8B$8.9B$2.4B$6.9B
Total assets$55.6B$56.7B$58.9B$60.3B$59.8B$59.2B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Defined Benefit Pension Plan Liabilities (Non-Current)$4.8B$4.8B$4.8B$4.9B$3.9B$3.9B
Long-term debt$19.6B$18.7B$18.5B$20.5B$20.5B$20.5B
Other non-current liabilities$5.4B$5.3B$5.8B$5.7B$5.3B$5.2B
Total liabilities$49.3B$50.0B$53.5B$54.1B$53.1B$51.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Future pension and postretirement benefit obligations$4.8B$4.8B$4.8B$4.9B$3.9B$3.9B