Total Debt for Lockheed Martin (LMT)
According to Lockheed Martin's latest reported financial statements, the company's latest reported total debt is $20.70B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$20.70B
YoY change
+7.1%
5Y CAGR
+12.3%
Peak year (2025)
$21.70B
Latest annual
$21.70B
Total Debt history chart for Lockheed Martin (LMT) from 1993 to 2025
Total Debt history table for Lockheed Martin (LMT) from 1993 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $21.70B | +7.1% | ||
| 2024 | $20.27B | +16.1% | ||
| 2023 | $17.46B | +12.3% | ||
| 2022 | $15.55B | +33.2% | ||
| 2021 | $11.68B | -4.1% | ||
| 2020 | $12.17B | -3.8% | ||
| 2019 | $12.65B | -10.3% | ||
| 2018 | $14.10B | -1.1% | ||
| 2017 | $14.26B | -0.1% | ||
| 2016 | $14.28B | -6.4% | ||
| 2015 | $15.26B | +147.4% | ||
| 2014 | $6.17B | +0.3% | ||
| 2013 | $6.15B | -2.5% | ||
| 2012 | $6.31B | -2.4% | ||
| 2011 | $6.46B | +28.7% | ||
| 2010 | $5.02B | -0.7% | ||
| 2009 | $5.05B | +32.8% | ||
| 2008 | $3.81B | -13.7% | ||
| 2007 | $4.41B | -0.7% | ||
| 2006 | $4.44B | -11.0% | ||
| 2005 | $4.99B | -2.6% | ||
| 2004 | $5.12B | -17.5% | ||
| 2003 | $6.21B | -18.1% | ||
| 2002 | $7.58B | +0.9% | ||
| 2001 | $7.51B | -24.6% | ||
| 2000 | $9.96B | -16.7% | ||
| 1999 | $11.95B | +9.8% | ||
| 1998 | $10.89B | -8.5% | ||
| 1997 | $11.90B | +3.7% | ||
| 1996 | $11.48B | +207.6% | ||
| 1995 | $3.73B | -3.8% | ||
| 1994 | $3.88B | -11.3% | ||
| 1993 | $4.37B | — |
Total Debt values are taken from Lockheed Martin's reported balance sheets (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
2025's annual total debt for Lockheed Martin (LMT) came in at $21.70B – grew 7.1% year-over-year.
Lockheed Martin total debt compound annual growth for the 2020–2025 (5 years) window is +12.3%, with the latest reading among the more recent periods of the dataset.
2025 marks the peak total debt at $21.70B, with the historical low of $3.73B recorded in 1995.
Within Industrials, Lockheed Martin (LMT) ranks 7th among 8 peers we track. The peer median for total debt is $37.04B.
Lockheed Martin Total Debt by Year
Lockheed Martin Total Debt 2025: $21.70B
Lockheed Martin total debt in 2025 was $21.70B, grew 7.1% from 2024. This figure represents the highest annual value in the available history.
Lockheed Martin Total Debt 2024: $20.27B
Lockheed Martin total debt in 2024 was $20.27B, grew 16.1% from 2023.
Lockheed Martin Total Debt 2023: $17.46B
Lockheed Martin total debt in 2023 was $17.46B, grew 12.3% from 2022.
Lockheed Martin Total Debt 2022: $15.55B
Lockheed Martin total debt in 2022 was $15.55B, surged 33.2% from 2021.
Lockheed Martin Total Debt 2021: $11.68B
Lockheed Martin total debt in 2021 was $11.68B.
See more financial history for Lockheed Martin (LMT).
Sector peers — Total Debt
Companies in the same sector as Lockheed Martin, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| The Boeing Company (BA) | $54.43B | Industrials |
| Caterpillar Inc. (CAT) | $43.33B | Industrials |
| RTX Corporation (RTX) | $39.51B | Industrials |
| Honeywell International Inc. (HON) | $34.58B | Industrials |
| Union Pacific Corporation (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation plc (ETN) | $11.17B | Industrials |
Frequently asked questions
What is Lockheed Martin's total debt?
- Latest reported total debt for Lockheed Martin (LMT) is $20.70B (period ending March 29, 2026).
How has Lockheed Martin total debt changed year-over-year?
- Lockheed Martin (LMT) total debt changed +7.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Lockheed Martin total debt?
- Lockheed Martin (LMT) total debt compound annual growth rate is +12.3% over the most recent 5 years available.
When did Lockheed Martin total debt hit its highest annual value?
- Lockheed Martin total debt reached its highest annual value of $21.70B in 2025.
What was Lockheed Martin total debt in 2024?
- Lockheed Martin (LMT) total debt in 2024 was $20.27B.
What was Lockheed Martin total debt in 2025?
- Lockheed Martin (LMT) total debt in 2025 was $21.70B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
LMT Overview
Company profile, financial tools, and key metrics
LMT Revenue Counter
Earns $2,382 every second. See per minute, hour, and day.
LMT Earnings Counter
Earns $151.99 per second net profit. See per minute, hour, and day.
LMT Economic Scale
Exceeds Azerbaijan's GDP. Compare with world economies.
LMT What If Invested
What if you had invested $1,000? See historical returns from any date.
LMT How It Makes Money
Discover visual breakdown of $75.11B in revenue — where it comes from and where it goes.
LMT Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
LMT Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
LMT Daily Price Character
Steady · 48.9% historical win rate (green days). Streaks & record days.
LMT Buybacks
1.64% TTM buyback yield. Shareholder yield & SBC comparison.
LMT Stock Split History
3 splits on record. Dates, ratios, and cumulative multiple.
LMT Dividend Profile
Yield: 2.65%. Safety: 6/8. See full history.
LMT Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
LMT Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.