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Lockheed Martin LMT Current ratio

Current ratio at other companies

Boeing logo
BoeingBA
1.2×-0.1×
General Dynamics logo
General DynamicsGD
1.4×0.0×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.0×
L3Harris Technologies logo
L3Harris TechnologiesLHX
0.0×
Northrop Grumman logo
Northrop GrummanNOC
1.2×+0.2×
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
6.9×+0.4×

Other financials

Income statement

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Revenue$18.0B+0.3%
Gross profit$2.1B-10.5%
Operating income$2.1B-13.0%
Net income$1.5B-13.1%
EPS (diluted)$6.44-11.5%

Balance sheet

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Cash & equivalents$1.9B+5.1%
Total debt$20.7B+1.9%
Total equity$7.5B+12.1%
Total assets$59.2B+4.5%

Cash flow

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Operating cash flow$220.0M-84.4%
CapEx$511.0M+12.6%
Free cash flow-$291.0M-130%

Valuation

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Market cap$122.73B+32.9%
Enterprise value$141.54B+28.2%
P/E25.6×+8.8×
P/S1.6×+0.3×

Profitability

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Gross margin9.8%-0.3pp
Operating margin9.9%-0.4pp
Net margin6.4%-1.3pp

Returns & leverage

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Return on equity67.6%-14.9pp
Debt / equity2.8×-0.3×

Where this comes from

Calculated from Lockheed Martin’s reported figures.

Based on the most recent quarter.

The official record: Lockheed Martin’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lockheed Martin's current ratio?
Lockheed Martin (LMT) reported current ratio of 1.1× in Q1 2026.
How has Lockheed Martin's current ratio changed year-over-year?
Lockheed Martin's current ratio increased by 5.5% year-over-year, from 1.1× to 1.1×.
What is the long-term trend for Lockheed Martin's current ratio?
Over 4 years (2021 to 2025), Lockheed Martin's current ratio has grown at a -6.4% compound annual growth rate (CAGR), from 5.6× to 4.3×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.