TTM
$4.79B
YoY change
-6.0%
5Y CAGR
-6.0%
Peak year (2023)
$6.92B
Cumulative net income
$95.83B
Net Income history chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: $5.02B
Net Income growth chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: -6.0%
Net Income history table for Lockheed Martin (LMT) from 1992 to 2025
| 2025 | $5.02B | -6.0% | −$319.00M | ||
| 2024 | $5.34B | -22.9% | −$1.58B | ||
| 2023 | $6.92B | +20.7% | +$1.19B | ||
| 2022 | $5.73B | -9.2% | −$583.00M | ||
| 2021 | $6.32B | -7.6% | −$518.00M | ||
| 2020 | $6.83B | +9.7% | +$603.00M | ||
| 2019 | $6.23B | +23.5% | +$1.18B | ||
| 2018 | $5.05B | +152.0% | +$3.04B | ||
| 2017 | $2.00B | -62.2% | −$3.30B | ||
| 2016 | $5.30B | +47.1% | +$1.70B | ||
| 2015 | $3.60B | -0.2% | −$9.00M | ||
| 2014 | $3.61B | +21.2% | +$633.00M | ||
| 2013 | $2.98B | +8.6% | +$236.00M | ||
| 2012 | $2.75B | +3.4% | +$90.00M | ||
| 2011 | $2.65B | -9.3% | −$271.00M | ||
| 2010 | $2.93B | -3.2% | −$98.00M | ||
| 2009 | $3.02B | -6.0% | −$193.00M | ||
| 2008 | $3.22B | +6.1% | +$184.00M | ||
| 2007 | $3.03B | +19.9% | +$504.00M | ||
| 2006 | $2.53B | +38.6% | +$704.00M | ||
| 2005 | $1.82B | +44.2% | +$559.00M | ||
| 2004 | $1.27B | +20.2% | +$213.00M | ||
| 2003 | $1.05B | +110.6% | +$553.00M | ||
| 2002 | $500.00M | -147.8% | +$1.55B | ||
| 2001 | −$1.05B | +101.5% | −$527.00M | ||
| 2000 | −$519.00M | -235.9% | −$901.00M | ||
| 1999 | $382.00M | -61.8% | −$619.00M | ||
| 1998 | $1.00B | -23.0% | −$299.00M | ||
| 1997 | $1.30B | -3.5% | −$47.00M | ||
| 1996 | $1.35B | +97.5% | +$665.00M | ||
| 1995 | $682.00M | -33.0% | −$336.00M | ||
| 1994 | $1.02B | +22.8% | +$189.00M | ||
| 1993 | $829.00M | -329.6% | +$1.19B | ||
| 1992 | −$361.00M | — | — |
- 2025$5.02B-6.0%
- 2024$5.34B-22.9%
- 2023$6.92B+20.7%
- 2022$5.73B-9.2%
- 2021$6.32B-7.6%
- 2020$6.83B+9.7%
- 2019$6.23B+23.5%
- 2018$5.05B+152.0%
- 2017$2.00B-62.2%
- 2016$5.30B+47.1%
- 2015$3.60B-0.2%
- 2014$3.61B+21.2%
- 2013$2.98B+8.6%
- 2012$2.75B+3.4%
- 2011$2.65B-9.3%
- 2010$2.93B-3.2%
- 2009$3.02B-6.0%
- 2008$3.22B+6.1%
- 2007$3.03B+19.9%
- 2006$2.53B+38.6%
- 2005$1.82B+44.2%
- 2004$1.27B+20.2%
- 2003$1.05B+110.6%
- 2002$500.00M-147.8%
- 2001−$1.05B+101.5%
- 2000−$519.00M-235.9%
- 1999$382.00M-61.8%
- 1998$1.00B-23.0%
- 1997$1.30B-3.5%
- 1996$1.35B+97.5%
- 1995$682.00M-33.0%
- 1994$1.02B+22.8%
- 1993$829.00M-329.6%
- 1992−$361.00M—
Net Income 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 Net Income at Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's current net income (TTM) is $4.79B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
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) net income totalled $5.02B – declined 6.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lockheed Martin net income compounded at -6.0% per year, with a net decline across the window.
Lockheed Martin net income declined from $6.92B in 2023 to $5.02B in 2025, a 27.5% drawdown.
The record annual net income stands at $6.92B, reached in 2023; the historical low of −$1.05B was recorded in 2001.
Lockheed Martin Net Income by Year
Lockheed Martin Net Income 2025: $5.02B
Lockheed Martin posted net income of $5.02B in 2025, declined 6.0% below 2024.
Lockheed Martin Net Income 2024: $5.34B
In 2024, Lockheed Martin reported net income of $5.34B, declined 22.9% below 2023.
Lockheed Martin Net Income 2023: $6.92B
Lockheed Martin net income in 2023 was $6.92B, grew 20.7% from 2022. This figure represents the highest annual value in the available history.
Lockheed Martin Net Income 2022: $5.73B
2022's net income for Lockheed Martin came in at $5.73B, declined 9.2% below 2021.
Lockheed Martin Net Income 2021: $6.32B
Lockheed Martin net income in 2021 was $6.32B.
See more financial history for Lockheed Martin (LMT).
Sector peers by Net Income
Industrials peers of Lockheed Martin (LMT), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
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