Lockheed Martin Corporation

LMTNYSE

$586.39

Last price · USD

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Lockheed Martin Corporation income statement

Annual · USD millions except per-share data · 25 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	75,057	71,043	67,571	65,984	67,044	+2.9%
Cost of revenue	67,429	64,113	59,092	57,697	57,983	+3.8%
Gross profit	7,619	6,930	8,479	8,287	9,061	-4.2%
Operating expenses & income
Research & development	2,000	1,600	1,500	1,700	1,500	+7.5%
SG&A (combined)	50	137	499	865	1,241	-55.2%
Total operating expenses	(112)	(83)	(28)	(61)	(62)	—
Cost and expenses	67,326	64,030	59,064	57,636	57,921	+3.8%
Operating income	7,731	7,013	8,507	8,348	9,123	-4.1%
Non-operating & other
Interest expense	1,118	1,036	916	623	569	+18.4%
Net interest income	(1,118)	(1,036)	(916)	(623)	(569)	—
Non-operating income (excl. interest)	691	(243)	(507)	1,045	1,004	-8.9%
Other expenses	(2,162)	(1,820)	(2,027)	(2,626)	(2,803)	—
Total other income (expenses), net	(1,809)	(793)	(409)	(1,668)	(1,573)	—
Profitability
Depreciation & amortization	1,687	1,559	1,430	1,404	1,364	+5.5%
Income before tax	5,922	6,220	8,098	6,680	7,550	-5.9%
Income tax expense	905	884	1,178	948	1,235	-7.5%
Net income from continuing operations	5,017	5,336	6,920	5,732	6,315	-5.6%
Net income	5,017	5,336	6,920	5,732	6,315	-5.6%
Bottom line net income	5,017	5,336	6,920	5,732	6,315	-5.6%
Additional fields
Ebit	7,040	7,256	9,014	7,303	8,119	-3.5%
Ebitda	8,727	8,815	10,444	8,707	9,483	-2.1%
Eps	$21.56	$22.39	$27.65	$21.74	$22.85	-1.4%
Eps Diluted	$21.49	$22.31	$27.55	$21.66	$22.77	-1.4%
Weighted Average Shs Out	231	238	250	264	276	-4.4%
Weighted Average Shs Out Dil	232	239	251	265	277	-4.4%