Latest period
231M
YoY change
-3.1%
5Y CAGR
-3.8%
Peak year (FY2002)
452M
Latest annual
232M
Shares Outstanding history chart for Lockheed Martin (LMT) from 2016 to 2025
Latest: 232M
Shares Outstanding growth chart for Lockheed Martin (LMT) from 2016 to 2025
Latest: -3.1%
Shares Outstanding history table for Lockheed Martin (LMT) from 1992 to 2025
| FY2025 | 232M | -3.1% | -7.3M | ||
| FY2024 | 239M | -4.8% | -12M | ||
| FY2023 | 251M | -5.1% | -13.4M | ||
| FY2022 | 265M | -4.6% | -12.8M | ||
| FY2021 | 277M | -1.4% | -3.8M | ||
| FY2020 | 281M | -0.9% | -2.6M | ||
| FY2019 | 284M | -1.0% | -3M | ||
| FY2018 | 287M | -1.3% | -3.8M | ||
| FY2017 | 291M | -4.1% | -12.5M | ||
| FY2016 | 303M | -3.7% | -11.6M | ||
| FY2015 | 315M | -2.4% | -7.7M | ||
| FY2014 | 322M | -1.3% | -4.1M | ||
| FY2013 | 327M | -0.6% | -1.9M | ||
| FY2012 | 328M | -3.4% | -11.5M | ||
| FY2011 | 340M | -7.7% | -28.4M | ||
| FY2010 | 368M | -5.3% | -20.6M | ||
| FY2009 | 389M | -5.0% | -20.5M | ||
| FY2008 | 409M | -4.1% | -17.7M | ||
| FY2007 | 427M | -2.1% | -9.3M | ||
| FY2006 | 436M | -2.1% | -9.3M | ||
| FY2005 | 446M | -0.3% | -1.4M | ||
| FY2004 | 447M | -0.6% | -2.9M | ||
| FY2003 | 450M | -0.4% | -2M | ||
| FY2002 | 452M | +4.5% | +19.5M | ||
| FY2001 | 433M | +7.5% | +30.2M | ||
| FY2000 | 402M | +4.3% | +16.5M | ||
| FY1999 | 386M | +1.2% | +4.76M | ||
| FY1998 | 381M | +2.8% | +10.5M | ||
| FY1997 | 371M | -16.3% | -72M | ||
| FY1996 | 443M | +0.1% | +600K | ||
| FY1995 | 442M | +1.2% | +5.4M | ||
| FY1994 | 437M | -1.3% | -5.6M | ||
| FY1993 | 442M | +12.7% | +50M | ||
| FY1992 | 392M | — | — |
- FY2025232M-3.1%
- FY2024239M-4.8%
- FY2023251M-5.1%
- FY2022265M-4.6%
- FY2021277M-1.4%
- FY2020281M-0.9%
- FY2019284M-1.0%
- FY2018287M-1.3%
- FY2017291M-4.1%
- FY2016303M-3.7%
- FY2015315M-2.4%
- FY2014322M-1.3%
- FY2013327M-0.6%
- FY2012328M-3.4%
- FY2011340M-7.7%
- FY2010368M-5.3%
- FY2009389M-5.0%
- FY2008409M-4.1%
- FY2007427M-2.1%
- FY2006436M-2.1%
- FY2005446M-0.3%
- FY2004447M-0.6%
- FY2003450M-0.4%
- FY2002452M+4.5%
- FY2001433M+7.5%
- FY2000402M+4.3%
- FY1999386M+1.2%
- FY1998381M+2.8%
- FY1997371M-16.3%
- FY1996443M+0.1%
- FY1995442M+1.2%
- FY1994437M-1.3%
- FY1993442M+12.7%
- FY1992392M—
Shares Outstanding 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 Shares Outstanding at Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's latest reported diluted shares outstanding is 231M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
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) diluted shares outstanding is 232M – edged down 3.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lockheed Martin diluted shares outstanding compounded at -3.8% per year, with a net decline across the window.
Lockheed Martin diluted shares outstanding plunged from 452M in 2002 to 232M in 2025, a 48.7% drawdown.
2002 marks the peak diluted shares outstanding at 452M, with the historical low of 232M recorded in 2025.
Lockheed Martin Shares Outstanding by Year
Lockheed Martin Shares Outstanding 2025: 232M
Lockheed Martin posted diluted shares outstanding of 232M in 2025, edged down 3.1% below 2024. This figure represents the lowest annual value in the available history.
Lockheed Martin Shares Outstanding 2024: 239M
In 2024, Lockheed Martin reported diluted shares outstanding of 239M, edged down 4.8% below 2023.
Lockheed Martin Shares Outstanding 2023: 251M
Lockheed Martin diluted shares outstanding in 2023 was 251M, declined 5.1% below 2022.
Lockheed Martin Shares Outstanding 2022: 265M
2022's diluted shares outstanding for Lockheed Martin came in at 265M, edged down 4.6% below 2021.
Lockheed Martin Shares Outstanding 2021: 277M
Lockheed Martin diluted shares outstanding in 2021 was 277M.
See more financial history for Lockheed Martin (LMT).
Sector peers by Shares Outstanding
Industrials peers of Lockheed Martin (LMT), ranked by their latest diluted shares outstanding
| 2.93B | |
| 1.36B | |
| 1.07B | |
| 762M | |
| 594M | |
| 469M | |
| 390M | |
| 272M |
- 2.93B
- 1.36B
- 1.07B
- 762M
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Lockheed Martin (LMT) Key Financials
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- Buybacks1.51% TTM
- Dividend Profile2.40% yield
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- Stock Split History3 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.