TTM
9.8%
YoY change
+0.40pp
Trough year (2004)
5.5%
Peak year (2019)
14.0%
Latest annual
10.2%
Gross Margin history chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: 10.2%
Gross Margin change chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: +0.40pp
Gross Margin history table for Lockheed Martin (LMT) from 1992 to 2025
| 2025 | 10.2% | +0.40pp | ||
| 2024 | 9.8% | -2.79pp | ||
| 2023 | 12.5% | -0.01pp | ||
| 2022 | 12.6% | -0.96pp | ||
| 2021 | 13.5% | +0.28pp | ||
| 2020 | 13.2% | -0.76pp | ||
| 2019 | 14.0% | +0.28pp | ||
| 2018 | 13.7% | +0.96pp | ||
| 2017 | 12.8% | +1.33pp | ||
| 2016 | 11.4% | +0.34pp | ||
| 2015 | 11.1% | -0.64pp | ||
| 2014 | 11.7% | +1.62pp | ||
| 2013 | 10.1% | +1.11pp | ||
| 2012 | 9.0% | +1.03pp | ||
| 2011 | 8.0% | -0.41pp | ||
| 2010 | 8.4% | -0.97pp | ||
| 2009 | 9.3% | -1.53pp | ||
| 2008 | 10.9% | +0.77pp | ||
| 2007 | 10.1% | +1.45pp | ||
| 2006 | 8.7% | +1.85pp | ||
| 2005 | 6.8% | +1.28pp | ||
| 2004 | 5.5% | -0.67pp | ||
| 2003 | 6.2% | -1.12pp | ||
| 2002 | 7.3% | +0.90pp | ||
| 2001 | 6.4% | -3.76pp | ||
| 2000 | 10.2% | +3.67pp | ||
| 1999 | 6.5% | -2.43pp | ||
| 1998 | 9.0% | +0.77pp | ||
| 1997 | 8.2% | -0.30pp | ||
| 1996 | 8.5% | -0.14pp | ||
| 1995 | 8.6% | +0.86pp | ||
| 1994 | 7.8% | +0.89pp | ||
| 1993 | 6.9% | -0.23pp | ||
| 1992 | 7.1% | — |
- 202510.2%+0.40pp
- 20249.8%-2.79pp
- 202312.5%-0.01pp
- 202212.6%-0.96pp
- 202113.5%+0.28pp
- 202013.2%-0.76pp
- 201914.0%+0.28pp
- 201813.7%+0.96pp
- 201712.8%+1.33pp
- 201611.4%+0.34pp
- 201511.1%-0.64pp
- 201411.7%+1.62pp
- 201310.1%+1.11pp
- 20129.0%+1.03pp
- 20118.0%-0.41pp
- 20108.4%-0.97pp
- 20099.3%-1.53pp
- 200810.9%+0.77pp
- 200710.1%+1.45pp
- 20068.7%+1.85pp
- 20056.8%+1.28pp
- 20045.5%-0.67pp
- 20036.2%-1.12pp
- 20027.3%+0.90pp
- 20016.4%-3.76pp
- 200010.2%+3.67pp
- 19996.5%-2.43pp
- 19989.0%+0.77pp
- 19978.2%-0.30pp
- 19968.5%-0.14pp
- 19958.6%+0.86pp
- 19947.8%+0.89pp
- 19936.9%-0.23pp
- 19927.1%—
Gross Margin values are taken from Lockheed Martin's reported income 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 Gross Margin at Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's latest reported gross margin is 9.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Lockheed Martin (LMT) gross margin is 10.15% – expanded 0.4 percentage points year-over-year.
The record annual gross margin stands at 13.99%, reached in 2019; the historical low of 5.54% was recorded in 2004.
Lockheed Martin Gross Margin by Year
Lockheed Martin Gross Margin 2025: 10.2%
Lockheed Martin gross margin in 2025 was 10.15%, expanded 0.4 percentage points from 2024.
Lockheed Martin Gross Margin 2024: 9.8%
2024's gross margin for Lockheed Martin came in at 9.75%, contracted 2.8 percentage points from 2023.
Lockheed Martin Gross Margin 2023: 12.5%
Lockheed Martin posted gross margin of 12.55% in 2023, contracted 0.0 percentage points from 2022.
Lockheed Martin Gross Margin 2022: 12.6%
In 2022, Lockheed Martin reported gross margin of 12.56%, contracted 1.0 percentage points from 2021.
Lockheed Martin Gross Margin 2021: 13.5%
Lockheed Martin gross margin in 2021 was 13.52%.
See more financial history for Lockheed Martin (LMT).
Sector peers by Gross Margin
Industrials peers of Lockheed Martin (LMT), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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Lockheed Martin (LMT) Key Financials
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