Financials in USD. Standardized financial statements.
A compact view of how Lockheed Martin Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $75.06B | $71.04B | $67.57B | $65.98B | $67.04B | $65.40B | $59.81B | $53.76B | $49.96B | $47.29B |
| Revenue Growth? | +5.7% | +5.1% | +2.4% | -1.6% | +2.5% | +9.3% | +11.3% | +7.6% | +5.6% | 0.0% |
| Cost of Revenue? | $67.43B | $64.11B | $59.09B | $57.70B | $57.98B | $56.74B | $51.45B | $46.39B | $43.59B | $41.89B |
| Gross Profit? | $7.62B | $6.93B | $8.48B | $8.29B | $9.06B | $8.65B | $8.37B | $7.37B | $6.37B | $5.40B |
| Gross Margin? | +10.2% | +9.8% | +12.5% | +12.6% | +13.5% | +13.2% | +14.0% | +13.7% | +12.8% | +11.4% |
| Operating Expenses? | -$112.00M | -$83.00M | -$28.00M | -$61.00M | -$62.00M | $10.00M | -$178.00M | $36.00M | -$373.00M | -$487.00M |
| Operating Income? | $7.73B | $7.01B | $8.51B | $8.35B | $9.12B | $8.64B | $8.54B | $7.33B | $6.74B | $5.89B |
| EBITDA? | $7.75B | $8.82B | $10.44B | $8.71B | $9.48B | $10.12B | $9.08B | $7.67B | $7.09B | $6.63B |
| Income Before Tax | $5.92B | $6.22B | $8.10B | $6.68B | $7.55B | $8.23B | $7.24B | $5.84B | $5.27B | $4.89B |
| Income Tax Expense | $905.00M | $884.00M | $1.18B | $948.00M | $1.24B | $1.35B | $1.01B | $792.00M | $3.34B | $1.13B |
| Net Income? | $5.02B | $5.34B | $6.92B | $5.73B | $6.32B | $6.83B | $6.23B | $5.05B | $2.00B | $5.30B |
| EPS? | $21.56 | $22.39 | $27.65 | $21.74 | $22.85 | $24.40 | $22.09 | $17.74 | $6.96 | $17.71 |
| Diluted EPS? | $21.49 | $22.31 | $27.55 | $21.66 | $22.77 | $24.30 | $21.95 | $17.59 | $6.89 | $17.49 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality