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Lockheed Martin LMT Interest coverage

Interest coverage at other companies

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BoeingBA
1.5×+0.9×
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101.5×+99.9×
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Palantir Technologies Inc.PLTR
34.6×+22.5×
TTM Technologies logo
TTM TechnologiesTTMI
6.5×+3.3×
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Parker-HannifinPH
11.6×+1.2×
Eaton Corporation logo
Eaton CorporationETN
16.5×-20.2×

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×
Current ratio1.1×+0.1×

Where this comes from

Calculated from Lockheed Martin’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Lockheed Martin (LMT) reported interest coverage of 6.6× in Q1 2026.
How has Lockheed Martin's interest coverage changed year-over-year?
Lockheed Martin's interest coverage decreased by 5.4% year-over-year, from 7× to 6.6×.
What is the long-term trend for Lockheed Martin's interest coverage?
Over 4 years (2021 to 2025), Lockheed Martin's interest coverage has grown at a -20.2% compound annual growth rate (CAGR), from 61.9× to 25.1×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.