Non-Current Assets
Deferred Tax Assets
Lockheed Martin Deferred Tax Assets decreased by 5.8% to $2.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.5%, from $3.57B to $2.80B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows a downward trend with a -3.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase may indicate future tax savings, though it is often driven by specific accounting adjustments or tax law changes.
Detailed definition
Deferred tax assets arise when the company's tax expense for financial reporting purposes is higher than the amount curr...
Peer comparison
Standard accounting item; varies based on tax jurisdiction and specific corporate tax strategies.
Metric ID:
deferred_tax_assetsHistorical 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 | $3.38B | $2.66B | $2.29B | $2.69B | $2.68B | $3.12B | $3.74B | $4.18B | $4.52B | $4.87B | $2.95B | $3.02B | $3.08B | $3.11B | $3.56B | $3.57B | $4.07B | $3.41B | $2.98B | $2.80B |
| QoQ Change | — | -21.1% | -14.0% | +17.4% | -0.3% | +16.3% | +20.2% | +11.5% | +8.2% | +7.9% | -39.4% | +2.4% | +1.9% | +0.8% | +14.6% | +0.3% | +14.1% | -16.1% | -12.8% | -5.8% |
| YoY Change | — | — | — | — | -20.6% | +17.0% | +63.5% | +55.3% | +68.6% | +56.4% | -21.1% | -27.6% | -31.8% | -36.3% | +20.5% | +18.0% | +32.1% | +9.9% | -16.4% | -21.5% |
Range$2.29B – $4.87B
CAGR-3.9%
Avg YoY Growth+10.4%
Median YoY Growth+13.4%
Current Streak3 quarters decline
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's deferred tax assets?
- Lockheed Martin (LMT) reported deferred tax assets of $2.80B in Q1 2026.
- How has Lockheed Martin's deferred tax assets changed year-over-year?
- Lockheed Martin's deferred tax assets decreased by 21.5% year-over-year, from $3.57B to $2.80B.
- What is the long-term trend for Lockheed Martin's deferred tax assets?
- Over 5 years (2020 to 2025), Lockheed Martin's deferred tax assets has grown at a -3.1% compound annual growth rate (CAGR), from $3.48B to $2.98B.
- What does deferred tax assets mean?
- Future tax benefits that the company expects to realize due to timing differences between accounting and tax rules.