Latest period
$1.71B
YoY change
-2.1%
5Y CAGR
-1.4%
Peak year (2020)
$1.77B
Cumulative CapEx
$33.51B
CapEx history chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: $1.65B
CapEx growth chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: -2.1%
CapEx history table for Lockheed Martin (LMT) from 1992 to 2025
| 2025 | $1.65B | -2.1% | −$36.00M | ||
| 2024 | $1.69B | -0.4% | −$6.00M | ||
| 2023 | $1.69B | +1.3% | +$21.00M | ||
| 2022 | $1.67B | +9.7% | +$148.00M | ||
| 2021 | $1.52B | -13.8% | −$244.00M | ||
| 2020 | $1.77B | +19.0% | +$282.00M | ||
| 2019 | $1.48B | +16.1% | +$206.00M | ||
| 2018 | $1.28B | +8.6% | +$101.00M | ||
| 2017 | $1.18B | +10.7% | +$114.00M | ||
| 2016 | $1.06B | +13.2% | +$124.00M | ||
| 2015 | $939.00M | +11.1% | +$94.00M | ||
| 2014 | $845.00M | +1.1% | +$9.00M | ||
| 2013 | $836.00M | -11.3% | −$106.00M | ||
| 2012 | $942.00M | -4.6% | −$45.00M | ||
| 2011 | $987.00M | +20.4% | +$167.00M | ||
| 2010 | $820.00M | -3.8% | −$32.00M | ||
| 2009 | $852.00M | -8.0% | −$74.00M | ||
| 2008 | $926.00M | -1.5% | −$14.00M | ||
| 2007 | $940.00M | +5.3% | +$47.00M | ||
| 2006 | $893.00M | +3.2% | +$28.00M | ||
| 2005 | $865.00M | +12.5% | +$96.00M | ||
| 2004 | $769.00M | +11.9% | +$82.00M | ||
| 2003 | $687.00M | +3.8% | +$25.00M | ||
| 2002 | $662.00M | +6.9% | +$43.00M | ||
| 2001 | $619.00M | +23.8% | +$119.00M | ||
| 2000 | $500.00M | -25.3% | −$169.00M | ||
| 1999 | $669.00M | -4.0% | −$28.00M | ||
| 1998 | $697.00M | -7.1% | −$53.00M | ||
| 1997 | $750.00M | +1.8% | +$13.00M | ||
| 1996 | $737.00M | +38.8% | +$206.00M | ||
| 1995 | $531.00M | +4.3% | +$22.00M | ||
| 1994 | $509.00M | -5.0% | −$27.00M | ||
| 1993 | $536.00M | +7.6% | +$38.00M | ||
| 1992 | $498.00M | — | — |
- 2025$1.65B-2.1%
- 2024$1.69B-0.4%
- 2023$1.69B+1.3%
- 2022$1.67B+9.7%
- 2021$1.52B-13.8%
- 2020$1.77B+19.0%
- 2019$1.48B+16.1%
- 2018$1.28B+8.6%
- 2017$1.18B+10.7%
- 2016$1.06B+13.2%
- 2015$939.00M+11.1%
- 2014$845.00M+1.1%
- 2013$836.00M-11.3%
- 2012$942.00M-4.6%
- 2011$987.00M+20.4%
- 2010$820.00M-3.8%
- 2009$852.00M-8.0%
- 2008$926.00M-1.5%
- 2007$940.00M+5.3%
- 2006$893.00M+3.2%
- 2005$865.00M+12.5%
- 2004$769.00M+11.9%
- 2003$687.00M+3.8%
- 2002$662.00M+6.9%
- 2001$619.00M+23.8%
- 2000$500.00M-25.3%
- 1999$669.00M-4.0%
- 1998$697.00M-7.1%
- 1997$750.00M+1.8%
- 1996$737.00M+38.8%
- 1995$531.00M+4.3%
- 1994$509.00M-5.0%
- 1993$536.00M+7.6%
- 1992$498.00M—
CapEx values are taken from Lockheed Martin's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's current CapEx (TTM) is $1.71B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Lockheed Martin (LMT) CapEx totalled $1.65B – edged down 2.1% year-over-year.
Through 2020–2025 (5 years), Lockheed Martin CapEx delivered a -1.4% annualised rate; with a net decline across the window.
Lockheed Martin CapEx declined from $1.77B in 2020 to $1.65B in 2025, a 6.6% drawdown.
Across the available history, CapEx reached its high of $1.77B in 2020 and its low of $498.00M in 1992.
Lockheed Martin Capital Expenditures by Year
Lockheed Martin Capital Expenditures 2025: $1.65B
Lockheed Martin posted CapEx of $1.65B in 2025, edged down 2.1% below 2024.
Lockheed Martin Capital Expenditures 2024: $1.69B
In 2024, Lockheed Martin reported CapEx of $1.69B, edged down 0.4% below 2023.
Lockheed Martin Capital Expenditures 2023: $1.69B
Lockheed Martin CapEx in 2023 was $1.69B, edged up 1.3% from 2022.
Lockheed Martin Capital Expenditures 2022: $1.67B
2022's CapEx for Lockheed Martin came in at $1.67B, grew 9.7% from 2021.
Lockheed Martin Capital Expenditures 2021: $1.52B
Lockheed Martin CapEx in 2021 was $1.52B.
See more financial history for Lockheed Martin (LMT).
Sector peers by CapEx
Industrials peers of Lockheed Martin (LMT), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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