Gross Profit for Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's current gross profit (TTM) is $7.37B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$7.37B
YoY change
+9.9%
5Y CAGR
-2.5%
Peak year (2021)
$9.06B
Cumulative gross profit
$146.20B
Gross Profit history chart for Lockheed Martin (LMT) from 1992 to 2025
Gross Profit history table for Lockheed Martin (LMT) from 1992 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $7.62B | +9.9% | ||
| 2024 | $6.93B | -18.3% | ||
| 2023 | $8.48B | +2.3% | ||
| 2022 | $8.29B | -8.5% | ||
| 2021 | $9.06B | +4.7% | ||
| 2020 | $8.65B | +3.4% | ||
| 2019 | $8.37B | +13.5% | ||
| 2018 | $7.37B | +15.7% | ||
| 2017 | $6.37B | +18.0% | ||
| 2016 | $5.40B | +20.2% | ||
| 2015 | $4.49B | -4.1% | ||
| 2014 | $4.68B | +2.2% | ||
| 2013 | $4.58B | +8.0% | ||
| 2012 | $4.24B | +14.6% | ||
| 2011 | $3.70B | -3.4% | ||
| 2010 | $3.84B | -9.2% | ||
| 2009 | $4.22B | -9.1% | ||
| 2008 | $4.65B | +9.8% | ||
| 2007 | $4.23B | +23.3% | ||
| 2006 | $3.43B | +35.4% | ||
| 2005 | $2.54B | +28.9% | ||
| 2004 | $1.97B | -0.4% | ||
| 2003 | $1.98B | +1.4% | ||
| 2002 | $1.95B | +26.3% | ||
| 2001 | $1.54B | -40.2% | ||
| 2000 | $2.58B | +55.1% | ||
| 1999 | $1.67B | -29.2% | ||
| 1998 | $2.35B | +2.4% | ||
| 1997 | $2.30B | +0.7% | ||
| 1996 | $2.28B | +15.7% | ||
| 1995 | $1.97B | +10.8% | ||
| 1994 | $1.78B | +15.5% | ||
| 1993 | $1.54B | +35.2% | ||
| 1992 | $1.14B | — |
Gross Profit values are taken from Lockheed Martin's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Lockheed Martin (LMT) reported gross profit of $7.62B – grew 9.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lockheed Martin gross profit compounded at -2.5% per year, with a net decline across the window.
Lockheed Martin gross profit peaked at $9.06B in 2021; the latest annual figure is $7.62B in 2025 (15.9% below peak).
2021 marks the peak gross profit at $9.06B, with the historical low of $1.14B recorded in 1992.
Within Industrials, Lockheed Martin (LMT) ranks 8th among 8 peers we track. The peer median for gross profit is $15.42B.
Lockheed Martin Gross Profit by Year
Lockheed Martin Gross Profit 2025: $7.62B
Lockheed Martin gross profit in 2025 was $7.62B, grew 9.9% from 2024.
Lockheed Martin Gross Profit 2024: $6.93B
Lockheed Martin gross profit in 2024 was $6.93B, declined 18.3% below 2023.
Lockheed Martin Gross Profit 2023: $8.48B
Lockheed Martin gross profit in 2023 was $8.48B, edged up 2.3% from 2022.
Lockheed Martin Gross Profit 2022: $8.29B
Lockheed Martin gross profit in 2022 was $8.29B, declined 8.5% below 2021.
Lockheed Martin Gross Profit 2021: $9.06B
Lockheed Martin gross profit in 2021 was $9.06B.
See more financial history for Lockheed Martin (LMT).
Sector peers — Gross Profit
Companies in the same sector as Lockheed Martin, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is Lockheed Martin's gross profit?
- Latest reported gross profit for Lockheed Martin (LMT) is $7.37B (period ending March 29, 2026).
How has Lockheed Martin gross profit changed year-over-year?
- Lockheed Martin (LMT) gross profit changed +9.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Lockheed Martin gross profit?
- Lockheed Martin (LMT) gross profit compound annual growth rate is -2.5% over the most recent 5 years available.
When did Lockheed Martin gross profit hit its highest annual value?
- Lockheed Martin gross profit reached its highest annual value of $9.06B in 2021.
What was Lockheed Martin gross profit in 2024?
- Lockheed Martin (LMT) gross profit in 2024 was $6.93B.
What was Lockheed Martin gross profit in 2025?
- Lockheed Martin (LMT) gross profit in 2025 was $7.62B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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