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Lockheed Martin (LMT) Cash Flow Waterfall

Trace Lockheed Martin's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$7.37B

Capex

−$1.71B

Free Cash Flow

$5.66B

FCF Margin

+76.8%

Cash flow waterfall for Lockheed Martin (LMT) — TTM through Q1 2026

Free cash flow: $5.66B

Cash flow breakdown for Lockheed Martin (LMT) — TTM through Q1 2026

  • Operating Cash Flow$7.37B
  • Capital Expenditure−$1.71B
  • Free Cash Flow$5.66B
  • Other Investing−$382.00M
  • Share Buybacks−$2.25B
  • Dividends Paid−$3.15B
  • Net Debt Change−$1.00B
  • Other Financing & FX$1.21B
  • Net Cash Increase$91.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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