FN2 Earnings Intelligence
Lockheed Martin Corporation cash flow
Lockheed Martin Corporation (LMT) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $3,604 | $2,547 | $1,442 | $2,483 | $4,121 | - | - |
| + Debt | $11,676 | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $67,044 | $65,984 | $67,571 | $71,043 | $75,048 | $80,224.9 | $84,704.1 |
| % Growth | 2.5% | -1.6% | 2.4% | 5.1% | 5.6% | 6.9% | 5.6% |
| Gross Profit | $9,061 | $8,287 | $8,479 | $6,930 | $7,619 | - | - |
| % Margin | 13.5% | 12.6% | 12.5% | 9.8% | 10.2% | - | - |
| EBITDA | $10,202 | $9,504 | $9,937 | $8,572 | $9,418 | - | - |
| % Margin | 15.2% | 14.4% | 14.7% | 12.1% | 12.5% | - | - |
| Net Income | $6,315 | $5,732 | $6,920 | $5,336 | $5,017 | - | - |
| % Margin | 9.4% | 8.7% | 10.2% | 7.5% | 6.7% | - | - |
| Diluted EPS | $22.76 | $21.66 | $27.55 | $22.31 | $21.49 | $30.14 | $32.39 |
| % Growth | -6.3% | -4.8% | 27.2% | -19.0% | -3.7% | 40.3% | 7.4% |
| Operating Cash Flow | $9,221 | $7,802 | $7,920 | $6,972 | $8,557 | - | - |
| CapEx | $1,522 | $1,670 | $1,691 | $1,685 | $1,649 | - | - |
| Free Cash Flow | $7,699 | $6,132 | $6,229 | $5,287 | $6,908 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $67,044 | $65,984 | $67,571 | $71,043 | $75,048 | $80,224.9 | $84,704.1 |
| Gross Profit | $9,061 | $8,287 | $8,479 | $6,930 | $7,619 | - | - |
| EBITDA | $10,202 | $9,504 | $9,937 | $8,572 | $9,418 | - | - |
| Net Income | $6,315 | $5,732 | $6,920 | $5,336 | $5,017 | - | - |
| Diluted EPS | $22.76 | $21.66 | $27.55 | $22.31 | $21.49 | $30.14 | $32.39 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3,604 | $2,547 | $1,442 | $2,483 | $4,121 |
| Short-term Debt | $6 | - | - | - | - |
| Long-term Debt | $11,670 | $15,429 | $17,291 | $19,627 | $20,532 |
| Total Debt | $11,676 | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $9,221 | $7,802 | $7,920 | $6,972 | $8,557 |
| Capital Expenditure | $1,522 | $1,670 | $1,691 | $1,685 | $1,649 |
| Free Cash Flow | $7,699 | $6,132 | $6,229 | $5,287 | $6,908 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 2.5% | -1.6% | 2.4% | 5.1% | 5.6% |
| Gross Margin | 13.5% | 12.6% | 12.5% | 9.8% | 10.2% |
| EBITDA Margin | 15.2% | 14.4% | 14.7% | 12.1% | 12.5% |
| Net Margin | 9.4% | 8.7% | 10.2% | 7.5% | 6.7% |
| FCF Margin | 11.5% | 9.3% | 9.2% | 7.4% | 9.2% |
| Diluted EPS Growth | -6.3% | -4.8% | 27.2% | -19.0% | -3.7% |