Discontinued — last reported Q4 '19
Operating
Pension Expense
Lockheed Martin Pension Expense increased by 112.3% to $92.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.1%, from $111.00M to $92.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows a downward trend with a 11.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2019
How to read this metric
Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.
Detailed definition
Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...
Peer comparison
Standard adjustment for companies with legacy defined benefit pension plans.
Metric ID:
pension_and_postretirement_expenseHistorical 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 | -$67.00M | -$67.00M | -$67.00M | -$116.00M | -$115.00M | -$91.00M | -$90.00M | -$94.00M | -$95.00M | -$94.00M | -$95.00M | -$1.00M | $0.00 | -$1.00M | -$990.00M | $111.00M | $112.00M | $111.00M | -$749.00M | $92.00M |
| QoQ Change | — | +0.0% | +0.0% | -73.1% | +0.9% | +20.9% | +1.1% | -4.4% | -1.1% | +1.1% | -1.1% | +98.9% | +100.0% | — | <-999% | +111.2% | +0.9% | -0.9% | -774.8% | +112.3% |
| YoY Change | — | — | — | — | -71.6% | -35.8% | -34.3% | +19.0% | +17.4% | -3.3% | -5.6% | +98.9% | +100.0% | +98.9% | -942.1% | >999% | — | >999% | +24.3% | -17.1% |
Range-$990.00M – $112.00M
CAGR+6.9%
Avg YoY Growth>999%
Median YoY Growth+17.4%
Pension Expense at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's pension expense?
- Lockheed Martin (LMT) reported pension expense of $92.00M in Q1 2026.
- How has Lockheed Martin's pension expense changed year-over-year?
- Lockheed Martin's pension expense decreased by 17.1% year-over-year, from $111.00M to $92.00M.
- What is the long-term trend for Lockheed Martin's pension expense?
- Over 4 years (2021 to 2025), Lockheed Martin's pension expense has grown at a 11.7% compound annual growth rate (CAGR), from -$267.00M to -$415.00M.
- What does pension expense mean?
- Non-cash accounting charges related to employee pension and retirement benefit plans.