Non-service pension and postretirement benefit expense
Lockheed Martin Non-service pension and postretirement benefit expense decreased by 86.2% to $80.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.4%, from $98.00M to $80.00M. Over 3 years (FY 2021 to FY 2025), Non-service pension and postretirement benefit expense shows a downward trend with a -14.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A decrease in expense (or an increase in income) typically reflects favorable market returns on plan assets or adjustments in actuarial assumptions, improving bottom-line profitability.
Detailed definition
This metric captures the non-service components of net periodic benefit costs, such as interest costs, expected returns...
Peer comparison
Varies significantly based on the maturity of the workforce and the funding status of legacy pension plans across the utility sector.
non_service_pension_and_postretirement_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | -$94.00M | $1.57B | $0.00 | -$140.00M | $1.33B | -$111.00M | -$110.00M | -$111.00M | -$111.00M | -$111.00M | -$16.00M | -$15.00M | -$16.00M | -$15.00M | $98.00M | $99.00M | $99.00M | $578.00M | $80.00M |
| QoQ Change | — | >999% | -100.0% | — | >999% | -108.3% | +0.9% | -0.9% | +0.0% | +0.0% | +85.6% | +6.3% | -6.7% | +6.3% | +753.3% | +1.0% | +0.0% | +483.8% | -86.2% |
| YoY Change | — | — | — | — | >999% | -107.1% | +21.4% | -108.3% | +0.0% | — | +85.5% | +86.5% | +85.6% | +86.5% | +712.5% | +760.0% | +718.8% | >999% | -18.4% |
Non-service pension and postretirement benefit expense at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's non-service pension and postretirement benefit expense?
- Lockheed Martin (LMT) reported non-service pension and postretirement benefit expense of $80.00M in Q1 2026.
- How has Lockheed Martin's non-service pension and postretirement benefit expense changed year-over-year?
- Lockheed Martin's non-service pension and postretirement benefit expense decreased by 18.4% year-over-year, from $98.00M to $80.00M.
- What is the long-term trend for Lockheed Martin's non-service pension and postretirement benefit expense?
- Over 3 years (2021 to 2025), Lockheed Martin's non-service pension and postretirement benefit expense has grown at a -14.2% compound annual growth rate (CAGR), from $1.39B to $874.00M.
- What does non-service pension and postretirement benefit expense mean?
- The financial costs or credits related to pension and postretirement plans that are not tied to current employee service.