Current Assets
Inventories
Lockheed Martin Inventories increased by 20.6% to $4.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.1%, from $3.60B to $4.25B. Over 5 years (FY 2020 to FY 2025), Inventories shows relatively stable performance with a -0.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.12B | $2.90B | $2.98B | $3.14B | $3.43B | $3.11B | $3.09B | $3.47B | $3.50B | $3.31B | $3.13B | $3.28B | $3.10B | $3.23B | $3.47B | $3.60B | $3.70B | $3.75B | $3.52B | $4.25B |
| QoQ Change | — | -6.9% | +2.7% | +5.5% | +9.1% | -9.3% | -0.8% | +12.4% | +0.8% | -5.3% | -5.4% | +4.7% | -5.5% | +4.4% | +7.4% | +3.6% | +2.8% | +1.4% | -6.0% | +20.6% |
| YoY Change | — | — | — | — | +10.0% | +7.2% | +3.6% | +10.4% | +2.0% | +6.4% | +1.4% | -5.6% | -11.5% | -2.4% | +10.9% | +9.8% | +19.4% | +15.9% | +1.4% | +18.1% |
Range$2.90B – $4.25B
CAGR+6.7%
Avg YoY Growth+6.1%
Median YoY Growth+6.8%
Inventories at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's inventories?
- Lockheed Martin (LMT) reported inventories of $4.25B in Q1 2026.
- How has Lockheed Martin's inventories changed year-over-year?
- Lockheed Martin's inventories increased by 18.1% year-over-year, from $3.60B to $4.25B.
- What is the long-term trend for Lockheed Martin's inventories?
- Over 5 years (2020 to 2025), Lockheed Martin's inventories has grown at a -0.1% compound annual growth rate (CAGR), from $3.55B to $3.52B.
- What does inventories mean?
- The total value of all goods held for production or sale.