63/100B593.73
USD
-10.65
(-1.76%)
Market Open
Last updated: · Delayed 15 min
Fair value622.16Plus-5%467Price 593.73778
Q4 FY2026 · Earnings report
EPS estimate 8.34Revenue estimate 22.65B
Q4 FY2026 · Earnings report
EPS estimate 8.34Revenue estimate 22.65B
Lockheed Martin debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Lockheed Martin's debt to equity ratio is 2.04: total debt of 20.50B USD against shareholders' equity of 10.06B USD.
- Today
- 2.04
- Average, 5 years
- 2.34
- Low, 5 years
- 0.96
- High, 5 years
- 4.06
Debt to equity = total debt ÷ shareholders' equity = 20.50B ÷ 10.06B = 2.04
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 2.04 | 20.50B | 10.06B | |
| FY2025 | 31 Dec 2025 | 3.23 | 21.70B | 6.72B |
| FY2024 | 31 Dec 2024 | 3.20 | 20.27B | 6.33B |
| FY2023 | 31 Dec 2023 | 2.55 | 17.46B | 6.84B |
| FY2022 | 31 Dec 2022 | 1.68 | 15.55B | 9.27B |
| FY2021 | 31 Dec 2021 | 1.07 | 11.68B | 10.96B |
| FY2020 | 31 Dec 2020 | 2.02 | 12.17B | 6.02B |
| FY2019 | 31 Dec 2019 | 4.05 | 12.65B | 3.13B |
| FY2018 | 31 Dec 2018 | 10.12 | 14.10B | 1.39B |
| FY2017 | 31 Dec 2017 | — | 14.26B | -683.00M |
| FY2016 | 31 Dec 2016 | 9.45 | 14.28B | 1.51B |
| FY2015 | 31 Dec 2015 | 4.93 | 15.26B | 3.10B |
| FY2014 | 31 Dec 2014 | 1.81 | 6.17B | 3.40B |
| FY2013 | 31 Dec 2013 | 1.25 | 6.15B | 4.92B |
| FY2012 | 31 Dec 2012 | 161.74 | 6.31B | 39.00M |
| FY2011 | 31 Dec 2011 | 6.45 | 6.46B | 1.00B |
| FY2010 | 31 Dec 2010 | 1.35 | 5.02B | 3.71B |
| FY2009 | 31 Dec 2009 | 1.22 | 5.05B | 4.13B |
| FY2008 | 31 Dec 2008 | 1.33 | 3.81B | 2.87B |
| FY2007 | 31 Dec 2007 | 0.45 | 4.41B | 9.81B |
| FY2006 | 31 Dec 2006 | 0.64 | 4.44B | 6.88B |
| FY2005 | 31 Dec 2005 | 0.63 | 4.99B | 7.87B |
| FY2004 | 31 Dec 2004 | 0.73 | 5.12B | 7.02B |
| FY2003 | 31 Dec 2003 | 0.92 | 6.21B | 6.76B |
| FY2002 | 31 Dec 2002 | 1.29 | 7.58B | 5.87B |
| FY2001 | 31 Dec 2001 | 1.17 | 7.51B | 6.44B |
| FY2000 | 31 Dec 2000 | 1.39 | 9.96B | 7.16B |
| FY1999 | 31 Dec 1999 | 1.88 | 11.95B | 6.36B |
| FY1998 | 31 Dec 1998 | 1.77 | 10.89B | 6.14B |
| FY1997 | 31 Dec 1997 | 2.30 | 11.90B | 5.18B |
| FY1996 | 31 Dec 1996 | 1.67 | 11.48B | 6.86B |
| FY1995 | 31 Dec 1995 | 0.58 | 3.73B | 6.43B |
| FY1994 | 31 Dec 1994 | 0.64 | 3.88B | 6.09B |
| FY1993 | 31 Dec 1993 | 0.84 | 4.37B | 5.20B |
| FY1992 | 31 Dec 1992 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 27 Sept 2026 | 2.04 | 20.50B | 10.06B |
| Q2 FY2026 | 28 Jun 2026 | 2.34 | 20.54B | 8.77B |
| Q1 FY2026 | 29 Mar 2026 | 2.76 | 20.70B | 7.49B |
| Q4 FY2025 | 31 Dec 2025 | 3.23 | 21.70B | 6.72B |
| Q3 FY2025 | 28 Sept 2025 | 3.59 | 22.19B | 6.18B |
| Q2 FY2025 | 29 Jun 2025 | 4.06 | 21.64B | 5.33B |
| Q1 FY2025 | 30 Mar 2025 | 3.04 | 20.30B | 6.68B |
| Q4 FY2024 | 31 Dec 2024 | 3.20 | 20.27B | 6.33B |
| Q3 FY2024 | 29 Sept 2024 | 2.68 | 19.32B | 7.20B |
| Q2 FY2024 | 30 Jun 2024 | 3.12 | 19.26B | 6.18B |
| Q1 FY2024 | 31 Mar 2024 | 2.92 | 19.42B | 6.65B |
| Q4 FY2023 | 31 Dec 2023 | 2.55 | 17.46B | 6.84B |
| Q3 FY2023 | 24 Sept 2023 | 1.88 | 17.39B | 9.27B |
| Q2 FY2023 | 25 Jun 2023 | 1.90 | 17.55B | 9.24B |
| Q1 FY2023 | 26 Mar 2023 | 1.62 | 15.60B | 9.65B |
| Q4 FY2022 | 31 Dec 2022 | 1.68 | 15.55B | 9.27B |
| Q3 FY2022 | 25 Sept 2022 | 0.96 | 11.48B | 11.97B |
| Q2 FY2022 | 26 Jun 2022 | 1.02 | 11.64B | 11.43B |
| Q1 FY2022 | 27 Mar 2022 | 1.16 | 11.65B | 10.00B |
| Q4 FY2021 | 31 Dec 2021 | 1.07 | 11.68B | 10.96B |
| Q3 FY2021 | 26 Sept 2021 | 1.21 | 11.67B | 9.63B |
| Q2 FY2021 | 27 Jun 2021 | 1.87 | 12.17B | 6.52B |
| Q1 FY2021 | 28 Mar 2021 | 1.93 | 12.16B | 6.31B |
| Q4 FY2020 | 31 Dec 2020 | 2.02 | 12.17B | 6.02B |
| Q3 FY2020 | 27 Sept 2020 | 2.56 | 12.68B | 4.95B |
| Q2 FY2020 | 28 Jun 2020 | 3.38 | 12.67B | 3.75B |
| Q1 FY2020 | 29 Mar 2020 | 3.68 | 12.69B | 3.45B |
| Q4 FY2019 | 31 Dec 2019 | 4.05 | 12.65B | 3.13B |
| Q3 FY2019 | 29 Sept 2019 | 3.48 | 13.55B | 3.89B |
| Q2 FY2019 | 30 Jun 2019 | 4.75 | 13.54B | 2.85B |
| Q1 FY2019 | 31 Mar 2019 | 5.65 | 13.92B | 2.47B |
| Q4 FY2018 | 31 Dec 2018 | 10.12 | 14.10B | 1.39B |
| Q3 FY2018 | 30 Sept 2018 | 15.62 | 14.73B | 943.00M |
| Q2 FY2018 | 24 Jun 2018 | 34.20 | 14.23B | 416.00M |
| Q1 FY2018 | 25 Mar 2018 | — | 14.22B | -111.00M |
| Q4 FY2017 | 31 Dec 2017 | — | 14.26B | -683.00M |
| Q3 FY2017 | 24 Sept 2017 | 6.80 | 14.27B | 2.10B |
| Q2 FY2017 | 25 Jun 2017 | 11.29 | 14.28B | 1.27B |
| Q1 FY2017 | 26 Mar 2017 | 9.63 | 14.28B | 1.48B |
| Q4 FY2016 | 31 Dec 2016 | 9.45 | 14.28B | 1.51B |
| Q3 FY2016 | 25 Sept 2016 | 6.16 | 14.30B | 2.32B |
| Q2 FY2016 | 26 Jun 2016 | 4.94 | 14.81B | 3.00B |
| Q1 FY2016 | 27 Mar 2016 | 4.81 | 15.28B | 3.18B |
| Q4 FY2015 | 31 Dec 2015 | 4.93 | 15.26B | 3.10B |
| Q3 FY2015 | 27 Sept 2015 | 2.99 | 8.41B | 2.81B |
| Q2 FY2015 | 28 Jun 2015 | 2.82 | 8.40B | 2.98B |
| Q1 FY2015 | 29 Mar 2015 | 2.39 | 8.40B | 3.52B |
| Q4 FY2014 | 31 Dec 2014 | 1.81 | 6.17B | 3.40B |
| Q3 FY2014 | 28 Sept 2014 | 1.35 | 6.17B | 4.57B |
| Q2 FY2014 | 29 Jun 2014 | 1.43 | 6.17B | 4.32B |
| Q1 FY2014 | 30 Mar 2014 | 1.28 | 6.15B | 4.80B |
| Q4 FY2013 | 31 Dec 2013 | 1.25 | 6.15B | 4.92B |
| Q3 FY2013 | 29 Sept 2013 | 4.82 | 6.16B | 1.28B |
| Q2 FY2013 | 30 Jun 2013 | 8.85 | 6.14B | 694.00M |
| Q1 FY2013 | 31 Mar 2013 | 20.74 | 6.30B | 304.00M |
| Q4 FY2012 | 31 Dec 2012 | 161.74 | 6.31B | 39.00M |
| Q3 FY2012 | 30 Sept 2012 | 2.67 | 6.52B | 2.44B |
| Q2 FY2012 | 24 Jun 2012 | 2.95 | 6.49B | 2.20B |
| Q1 FY2012 | 25 Mar 2012 | 4.11 | 6.47B | 1.57B |
| Q4 FY2011 | 31 Dec 2011 | 6.45 | 6.46B | 1.00B |
| Q3 FY2011 | 25 Sept 2011 | 2.39 | 7.04B | 2.94B |
| Q2 FY2011 | 26 Jun 2011 | 1.53 | 5.03B | 3.29B |
| Q1 FY2011 | 27 Mar 2011 | 1.32 | 5.02B | 3.79B |
| Q4 FY2010 | 31 Dec 2010 | 1.35 | 5.02B | 3.71B |
| Q3 FY2010 | 26 Sept 2010 | 1.28 | 5.02B | 3.92B |
| Q2 FY2010 | 27 Jun 2010 | 1.34 | 5.02B | 3.73B |
| Q1 FY2010 | 28 Mar 2010 | 1.25 | 5.05B | 4.03B |
| Q4 FY2009 | 31 Dec 2009 | 1.22 | 5.05B | 4.13B |
| Q3 FY2009 | 27 Sept 2009 | 1.21 | 3.81B | 3.14B |
| Q2 FY2009 | 28 Jun 2009 | 1.35 | 3.81B | 2.82B |
| Q1 FY2009 | 29 Mar 2009 | 1.35 | 3.81B | 2.82B |
| Q4 FY2008 | 31 Dec 2008 | 1.33 | 3.81B | 2.87B |
| Q3 FY2008 | 28 Sept 2008 | 0.39 | 3.81B | 9.81B |
| Q2 FY2008 | 29 Jun 2008 | 0.51 | 4.80B | 9.33B |
| Q1 FY2008 | 30 Mar 2008 | 0.52 | 4.91B | 9.37B |
| Q4 FY2007 | 31 Dec 2007 | 0.45 | 4.41B | 9.81B |
| Q3 FY2007 | 30 Sept 2007 | 0.59 | 4.41B | 7.43B |
| Q2 FY2007 | 30 Jun 2007 | 0.62 | 4.41B | 7.16B |
| Q1 FY2007 | 31 Mar 2007 | 0.63 | 4.42B | 7.03B |
| Q4 FY2006 | 31 Dec 2006 | 0.64 | 4.44B | 6.88B |
| Q3 FY2006 | 30 Sept 2006 | 0.55 | 4.44B | 8.08B |
| Q2 FY2006 | 30 Jun 2006 | 0.63 | 4.79B | 7.66B |
| Q1 FY2006 | 31 Mar 2006 | 0.63 | 4.98B | 7.94B |
| Q4 FY2005 | 31 Dec 2005 | 0.63 | 4.99B | 7.87B |
| Q3 FY2005 | 30 Sept 2005 | 0.66 | 5.08B | 7.73B |
| Q2 FY2005 | 30 Jun 2005 | 0.64 | 5.08B | 7.89B |
| Q1 FY2005 | 31 Mar 2005 | 0.69 | 5.12B | 7.44B |
| Q4 FY2004 | 31 Dec 2004 | 0.73 | 5.12B | 7.02B |
| Q3 FY2004 | 30 Sept 2004 | 0.84 | 6.07B | 7.24B |
| Q2 FY2004 | 30 Jun 2004 | 0.86 | 6.07B | 7.03B |
| Q1 FY2004 | 31 Mar 2004 | 0.88 | 6.19B | 7.02B |
| Q4 FY2003 | 31 Dec 2003 | 0.92 | 6.21B | 6.76B |
| Q3 FY2003 | 30 Sept 2003 | 0.99 | 6.22B | 6.30B |
| Q2 FY2003 | 30 Jun 2003 | 1.02 | 6.24B | 6.09B |
| Q1 FY2003 | 31 Mar 2003 | 1.17 | 6.81B | 5.84B |
| Q4 FY2002 | 31 Dec 2002 | 1.29 | 7.58B | 5.87B |
| Q3 FY2002 | 30 Sept 2002 | 0.97 | 7.46B | 7.70B |
| Q2 FY2002 | 30 Jun 2002 | 1.01 | 7.45B | 7.39B |
| Q1 FY2002 | 31 Mar 2002 | 1.09 | 7.46B | 6.86B |
| Q4 FY2001 | 31 Dec 2001 | 1.17 | 7.51B | 6.44B |
| Q3 FY2001 | 30 Sept 2001 | 0.99 | 7.72B | 7.83B |
| Q2 FY2001 | 30 Jun 2001 | 1.19 | 8.79B | 7.41B |
| Q1 FY2001 | 31 Mar 2001 | 1.37 | 9.93B | 7.26B |
| Q4 FY2000 | 31 Dec 2000 | 1.39 | 9.96B | 7.16B |
| Q3 FY2000 | 30 Sept 2000 | 1.67 | 11.84B | 7.08B |
| Q2 FY2000 | 30 Jun 2000 | 1.78 | 11.46B | 6.44B |
| Q1 FY2000 | 31 Mar 2000 | 1.81 | 11.70B | 6.48B |
| Q4 FY1999 | 31 Dec 1999 | 1.88 | 11.95B | 6.36B |
| Q3 FY1999 | 30 Sept 1999 | 1.96 | 12.03B | 6.13B |
| Q2 FY1999 | 30 Jun 1999 | 1.85 | 11.03B | 5.97B |
| Q1 FY1999 | 31 Mar 1999 | 1.79 | 10.84B | 6.05B |
| Q4 FY1998 | 31 Dec 1998 | 1.77 | 10.89B | 6.14B |
| Q3 FY1998 | 30 Sept 1998 | 1.99 | 11.96B | 6.01B |
| Q2 FY1998 | 30 Jun 1998 | 2.15 | 12.36B | 5.74B |
| Q1 FY1998 | 31 Mar 1998 | 2.25 | 12.21B | 5.44B |
| Q4 FY1997 | 31 Dec 1997 | 2.30 | 11.90B | 5.18B |
| Q3 FY1997 | 30 Sept 1997 | 1.47 | 11.25B | 7.65B |
| Q2 FY1997 | 30 Jun 1997 | 1.52 | 11.15B | 7.33B |
| Q1 FY1997 | 31 Mar 1997 | 1.59 | 11.25B | 7.09B |
| Q4 FY1996 | 31 Dec 1996 | 1.67 | 11.48B | 6.86B |
| Q3 FY1996 | 30 Sept 1996 | 1.67 | 12.04B | 7.19B |
| Q2 FY1996 | 30 Jun 1996 | 1.85 | 12.76B | 6.91B |
| Q1 FY1996 | 31 Mar 1996 | 0.54 | 3.60B | 6.66B |
| Q4 FY1995 | 31 Dec 1995 | 0.58 | 3.73B | 6.43B |
| Q3 FY1995 | 30 Sept 1995 | 0.58 | 3.61B | 6.26B |
| Q2 FY1995 | 30 Jun 1995 | 0.62 | 3.79B | 6.06B |
| Q1 FY1995 | 31 Mar 1995 | 0.63 | 3.88B | 6.18B |
| Q4 FY1994 | 31 Dec 1994 | 0.64 | 3.88B | 6.09B |
| Q3 FY1994 | 30 Sept 1994 | — | — | — |
| Q2 FY1994 | 30 Jun 1994 | — | — | — |
| Q1 FY1994 | 31 Mar 1994 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Lockheed Martin's debt to equity
Source: Financial Modeling PrepVerified against SEC filings