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Lockheed Martin LMT Aeronautics — Operating Income (Loss)

Other segment segments

MFC
$594M+24.0%
RMS
$437M+354%
Space
$371M+2.5%

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Other financials

Income statement

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Revenue$20.1B+10.5%
Gross profit$2.4B+233%
Operating income$2.5B+231%
Net income$1.8B+437%
EPS (diluted)$7.94+444%

Balance sheet

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Cash & equivalents$3.8B+193%
Total debt$20.5B-5.1%
Total equity$8.8B+64.4%
Total assets$62.5B+6.1%

Cash flow

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Operating cash flow$3.2B+1,509%
CapEx$318.0M-9.4%
Free cash flow$2.9B

Valuation

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Market cap$132.5B+34.8%
Enterprise value$149.25B+25.8%
P/E21.1×-2.3×
P/S1.7×+0.4×

Profitability

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Gross margin11.8%+3.6pp
Operating margin11.9%+3.6pp
Net margin8.2%+2.3pp
FCF margin11.3%+6.5pp

Returns & leverage

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Return on equity89.2%+16.1pp
Debt / equity2.3×-1.7×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Lockheed Martin in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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

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Questions, answered.

What is Lockheed Martin's aeronautics — operating income (loss)?
Lockheed Martin (LMT) reported aeronautics — operating income (loss) of $760M in Q2 2026.
How has Lockheed Martin's aeronautics — operating income (loss) changed year-over-year?
Lockheed Martin's aeronautics — operating income (loss) increased by 875.5% year-over-year, from -$98M to $760M.
What is the long-term trend for Lockheed Martin's aeronautics — operating income (loss)?
Over 4 years (2021 to 2025), Lockheed Martin's aeronautics — operating income (loss) has grown at a -7.1% compound annual growth rate (CAGR), from $2.8B to $2.09B.
What does aeronautics — operating income (loss) mean?
This is the profit or loss generated by the segment after subtracting operating expenses from total sales. It reflects the core profitability of the segment's business activities before interest and taxes.