What are Lockheed Martin's profit margins?

Lockheed Martin (LMT) runs a 9.8% gross margin and a 9.9% operating margin, with a 6.4% net margin.

Where do Lockheed Martin's ratios come from?

Every ratio is computed from Lockheed Martin's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Lockheed Martin LMT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	36.6%-9.2pp	45.7%-4.8pp	50.5%-1.8pp	52.3%-0.8pp
Operating margin	37.1%-9.0pp	46.1%-4.6pp	50.7%-2.0pp	52.8%-0.7pp
Net margin	25.9%-10.2pp	36.1%-3.5pp	39.6%+5.1pp	34.5%-5.2pp
Free cash flow margin	27.7%-7.6pp	35.3%-0.9pp	36.2%-9.2pp	45.3%+9.8pp
Returns
Return on equity	295.2%-37.4pp	332.6%+54.9pp	277.8%+38.2pp	239.6%-199pp
Return on assets	33.2%-13.0pp	46.2%-3.5pp	49.7%+6.2pp	43.5%-8.6pp
Return on invested capital	94.4%-24.5pp	119%-11.8pp	130.8%-19.4pp	150.2%-36.0pp
Efficiency
Asset turnover	5.1×0.0×	5.1×+0.1×	5×0.0×	5×-0.2×
Inventory turnover	76.8×+1.0×	75.7×+3.8×	71.9×-0.6×	72.5×+1.8×
Liquidity
Current ratio	4.3×-0.7×	5×-0.3×	5.2×+0.1×	5.1×-0.4×
Quick ratio	3.6×-0.6×	4.3×-0.2×	4.5×+0.1×	4.4×-0.4×
Cash ratio	0.5×-0.1×	0.6×0.0×	0.6×+0.1×	0.5×-0.3×
Leverage
Debt-to-equity	14.1×+2.0×	12.1×+4.0×	8.1×+3.2×	5×-1.2×
Debt-to-assets	1.5×0.0×	1.4×+0.2×	1.3×+0.3×	1×0.0×
Interest coverage	25.1×-7.3×	32.4×-10.2×	42.6×-16.9×	59.5×-2.4×
Valuation
Market capitalization	$441.08B-7.5%	$476.75B+7.0%	$445.69B-3.5%	$461.99B+15.7%
Enterprise value	$517.29B-5.1%	$545.22B+8.2%	$503.75B-0.2%	$504.88B+15.7%
Price / earnings	94.7×+19.4×	75.4×+7.6×	67.7×-15.2×	83×+22.5×
Price / sales	6×-0.7×	6.7×+0.1×	6.6×-0.5×	7.1×+1.1×
Price / book	71.4×-0.9×	72.3×+20.4×	51.9×+7.8×	44.1×-6.9×
EV / sales	7.1×-0.6×	7.7×+0.2×	7.5×-0.2×	7.7×+1.2×
Free cash flow yield	18.4%-2.7pp	21.1%-0.8pp	21.9%-4.1pp	25.9%+2.2pp
Earnings yield	17.2%-4.4pp	21.6%-2.5pp	24.1%+4.5pp	19.6%-6.9pp
Dividend yield	11.3%+0.9pp	10.3%-0.7pp	11%+0.5pp	10.4%-1.1pp

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Questions, answered.

What are Lockheed Martin's profit margins?: Lockheed Martin (LMT) runs a 9.8% gross margin and a 9.9% operating margin, with a 6.4% net margin.
Where do Lockheed Martin's ratios come from?: Every ratio is computed from Lockheed Martin's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.