TTM
$7.42B
YoY change
+10.2%
5Y CAGR
-2.2%
Peak year (2021)
$9.12B
Cumulative operating income
$151.83B
Operating Income history chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: $7.73B
Operating Income growth chart for Lockheed Martin (LMT) from 1992 to 2025
Latest: +10.2%
Operating Income history table for Lockheed Martin (LMT) from 1992 to 2025
| 2025 | $7.73B | +10.2% | +$718.00M | ||
| 2024 | $7.01B | -17.6% | −$1.49B | ||
| 2023 | $8.51B | +1.9% | +$159.00M | ||
| 2022 | $8.35B | -8.5% | −$775.00M | ||
| 2021 | $9.12B | +5.5% | +$479.00M | ||
| 2020 | $8.64B | +1.2% | +$99.00M | ||
| 2019 | $8.54B | +16.5% | +$1.21B | ||
| 2018 | $7.33B | +8.7% | +$590.00M | ||
| 2017 | $6.74B | +14.5% | +$856.00M | ||
| 2016 | $5.89B | +25.0% | +$1.18B | ||
| 2015 | $4.71B | -15.7% | −$880.00M | ||
| 2014 | $5.59B | +24.1% | +$1.09B | ||
| 2013 | $4.50B | +1.6% | +$71.00M | ||
| 2012 | $4.43B | +11.4% | +$454.00M | ||
| 2011 | $3.98B | -2.9% | −$117.00M | ||
| 2010 | $4.10B | -8.3% | −$369.00M | ||
| 2009 | $4.47B | -13.0% | −$665.00M | ||
| 2008 | $5.13B | +13.3% | +$604.00M | ||
| 2007 | $4.53B | +14.5% | +$574.00M | ||
| 2006 | $3.95B | +32.4% | +$967.00M | ||
| 2005 | $2.99B | +42.9% | +$897.00M | ||
| 2004 | $2.09B | +5.7% | +$113.00M | ||
| 2003 | $1.98B | +1.4% | +$27.00M | ||
| 2002 | $1.95B | +26.3% | +$406.00M | ||
| 2001 | $1.54B | -4.4% | −$71.00M | ||
| 2000 | $1.61B | -3.1% | −$51.00M | ||
| 1999 | $1.67B | -29.2% | −$687.00M | ||
| 1998 | $2.35B | +2.4% | +$55.00M | ||
| 1997 | $2.30B | +0.7% | +$16.00M | ||
| 1996 | $2.28B | +77.9% | +$999.00M | ||
| 1995 | $1.28B | -27.9% | −$497.00M | ||
| 1994 | $1.78B | +15.5% | +$239.00M | ||
| 1993 | $1.54B | +35.2% | +$401.00M | ||
| 1992 | $1.14B | — | — |
- 2025$7.73B+10.2%
- 2024$7.01B-17.6%
- 2023$8.51B+1.9%
- 2022$8.35B-8.5%
- 2021$9.12B+5.5%
- 2020$8.64B+1.2%
- 2019$8.54B+16.5%
- 2018$7.33B+8.7%
- 2017$6.74B+14.5%
- 2016$5.89B+25.0%
- 2015$4.71B-15.7%
- 2014$5.59B+24.1%
- 2013$4.50B+1.6%
- 2012$4.43B+11.4%
- 2011$3.98B-2.9%
- 2010$4.10B-8.3%
- 2009$4.47B-13.0%
- 2008$5.13B+13.3%
- 2007$4.53B+14.5%
- 2006$3.95B+32.4%
- 2005$2.99B+42.9%
- 2004$2.09B+5.7%
- 2003$1.98B+1.4%
- 2002$1.95B+26.3%
- 2001$1.54B-4.4%
- 2000$1.61B-3.1%
- 1999$1.67B-29.2%
- 1998$2.35B+2.4%
- 1997$2.30B+0.7%
- 1996$2.28B+77.9%
- 1995$1.28B-27.9%
- 1994$1.78B+15.5%
- 1993$1.54B+35.2%
- 1992$1.14B—
Operating 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 Operating Income at Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's current operating income (TTM) is $7.42B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Lockheed Martin (LMT) reported operating income of $7.73B – grew 10.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lockheed Martin operating income compounded at -2.2% per year, with a net decline across the window.
Lockheed Martin operating income peaked at $9.12B in 2021; the latest annual figure is $7.73B in 2025 (15.3% below peak).
The record annual operating income stands at $9.12B, reached in 2021; the historical low of $1.14B was recorded in 1992.
Lockheed Martin Operating Income by Year
Lockheed Martin Operating Income 2025: $7.73B
Lockheed Martin posted operating income of $7.73B in 2025, grew 10.2% from 2024.
Lockheed Martin Operating Income 2024: $7.01B
In 2024, Lockheed Martin reported operating income of $7.01B, declined 17.6% below 2023.
Lockheed Martin Operating Income 2023: $8.51B
Lockheed Martin operating income in 2023 was $8.51B, edged up 1.9% from 2022.
Lockheed Martin Operating Income 2022: $8.35B
2022's operating income for Lockheed Martin came in at $8.35B, declined 8.5% below 2021.
Lockheed Martin Operating Income 2021: $9.12B
Lockheed Martin operating income in 2021 was $9.12B.
See more financial history for Lockheed Martin (LMT).
Sector peers by Operating Income
Industrials peers of Lockheed Martin (LMT), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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