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LOCKHEED MARTIN CORP

LMT
Guided Missiles And Space Vehicles And Parts
Last filing · Quarter 2 · Jun 28, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Millions 		LTMDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015Dec 31, 2014Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009
Sales
                  
Total sales
$ 77,014
$ 75,048
$ 71,043
$ 67,571
Operating costs and expenses
                  
Impairment and other charges
0
66
87
-
Products
-
-
-
-
Services
-
-
-
-
Severance and other charges
-
-
-
92
Goodwill impairment charges
-
-
-
-
Other unallocated, net
(1,015)
(996)
(1,043)
(1,233)
Voluntary Executive Separation and Other Charges
-
-
-
-
Total operating costs and expenses
67,928
67,429
64,113
59,092
Products
-
-
-
-
Services
-
-
-
-
Gross profit
9,086
7,619
6,930
8,479
Other income, net
67
112
83
28
Operating profit
9,153
7,731
7,013
8,507
Interest expense
(1,111)
(1,118)
(1,036)
(916)
Non-service FAS pension (expense) income
837
874
(62)
(443)
Other non-operating income, net
216
183
181
64
Earnings before income taxes
7,421
5,922
6,220
8,098
Income tax expense
1,134
905
884
1,178
Net earnings from continuing operations
-
-
-
-
Net loss from discontinued operations
-
-
-
-
Net earnings
$ 6,287
$ 5,017
$ 5,336
$ 6,920
Earnings per common share
                  
Basic
                  
Continuing operations (in dollars per share)
-
-
-
-
Discontinued operations (in dollars per share)
-
-
-
-
Basic (in dollars per share)
27.23
21.56
22.39
27.65
Diluted
                  
Continuing operations (in dollars per share)
-
-
-
-
Discontinued operations (in dollars per share)
-
-
-
-
Diluted (in dollars per share)
$ 27.12
$ 21.49
$ 22.31
$ 27.55