Lockheed Martin (LMT) Debt/Assets Ratio: History & Chart

Lockheed Martin Corporation(LMT)

Aerospace & Defense · Bethesda, MD

$540.56+15.28 (+2.91%)

Delayed quote: Sep 8, 2026, 11:00 AM EDT

About Lockheed Martin Corporation

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Bethesda, MD

123,000 employees

www.lockheedmartin.com

Industrials / Aerospace & Defense

Sector: Industrials
Industry: Aerospace & Defense
CEO: James D. Taiclet Jr.

View full financials

LMT Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

32.89%

DEBT TO ASSETS RATIO AVG TTM

35.53%

DEBT TO ASSETS RATIO AVG 3Y

35.30%

DEBT TO ASSETS RATIO AVG 5Y

31.02%

DEBT TO ASSETS RATIO AVG 10Y

29.57%

DEBT TO ASSETS RATIO AVG 15Y

26.19%

DEBT TO ASSETS RATIO AVG 20Y

23.06%

CURRENT VS TTM AVG

-7.44%

CURRENT VS 3Y AVG

-6.84%

CURRENT VS 5Y AVG

+6.02%

CURRENT VS 10Y AVG

+11.23%

CURRENT VS 15Y AVG

+25.58%

CURRENT VS 20Y AVG

+42.62%

SECTOR MEDIAN · INDUSTRIALS

0.27%

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

+12310.23%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Lockheed Martin Corporation (LMT)	$124.76B	32.89%	35.53%	35.30%	31.02%
Parker-Hannifin Corporation (PH)vs ›	$121.38B	0.28%	N/A	N/A	N/A
Vertiv Holdings Co (VRT)vs ›	$111.98B	0.20%	N/A	N/A	N/A
Siemens Energy AG (SMEGF)vs ›	$146.93B	0.05%	N/A	N/A	N/A
Trane Technologies plc (TT)vs ›	$98.62B	0.19%	N/A	N/A	N/A
Howmet Aerospace Inc. (HWM)vs ›	$97.17B	0.34%	N/A	N/A	N/A
Quanta Services, Inc. (PWR)vs ›	$96.48B	0.23%	N/A	N/A	N/A
General Dynamics Corporation (GD)vs ›	$96.45B	0.16%	N/A	N/A	N/A
CSX Corporation (CSX)vs ›	$91.50B	0.43%	N/A	N/A	N/A
Safran S.A. (SAFRY)vs ›	$159.80B	0.08%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Lockheed Martin Corporation (LMT)

$124.76B

32.89%

35.53%

35.30%

31.02%

Parker-Hannifin Corporation (PH)vs ›

$121.38B

0.28%

N/A

Vertiv Holdings Co (VRT)vs ›

$111.98B

0.20%

N/A

Siemens Energy AG (SMEGF)vs ›

$146.93B

0.05%

N/A

Trane Technologies plc (TT)vs ›

$98.62B

0.19%

N/A

Howmet Aerospace Inc. (HWM)vs ›

$97.17B

0.34%

N/A

Quanta Services, Inc. (PWR)vs ›

$96.48B

0.23%

N/A

General Dynamics Corporation (GD)vs ›

$96.45B

0.16%

N/A

CSX Corporation (CSX)vs ›

$91.50B

0.43%

N/A

Safran S.A. (SAFRY)vs ›

$159.80B

0.08%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Lockheed Martin Corporation (LMT)?

The debt to assets ratio for LMT stock is 32.89%.

Is Lockheed Martin Corporation's debt to assets ratio high or low?

The debt to assets ratio of 32.89% is in line with its 5-year average of 31.02%, near the high end of its 5-year range (22.06%–36.81%).

What is the TTM average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The TTM average debt to assets ratio for LMT stock is 35.53%.

What is the 3Y average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The 3Y average debt to assets ratio for LMT stock is 35.30%.

What is the 5Y average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The 5Y average debt to assets ratio for LMT stock is 31.02%.

What is the 10Y average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The 10Y average debt to assets ratio for LMT stock is 29.57%.

What is the 15Y average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The 15Y average debt to assets ratio for LMT stock is 26.19%.

What is the 20Y average debt to assets ratio for Lockheed Martin Corporation (LMT)?

The 20Y average debt to assets ratio for LMT stock is 23.06%.

DATE	DEBT TO ASSETS RATIO
2026-06-28	32.89%
2026-03-29	34.94%
2025-12-31	36.26%
2025-09-28	36.81%
2025-06-29	36.76%
2025-03-30	35.83%
2024-12-31	36.45%
2024-09-29	34.80%
2024-06-30	34.96%
2024-03-31	35.33%
2023-12-31	33.28%
2023-09-24	30.69%
2023-06-25	30.79%
2023-03-26	28.56%
2022-12-31	29.40%
2022-09-25	22.06%
2022-06-26	22.50%
2022-03-27	22.61%
2021-12-31	22.95%
2021-09-26	22.52%
2021-06-27	23.36%
2021-03-28	23.65%
2020-12-31	24.00%
2020-09-27	24.96%
2020-06-28	25.55%
2020-03-29	25.77%
2019-12-31	26.62%
2019-09-29	27.50%
2019-06-30	28.30%
2019-03-31	29.19%
2018-12-31	31.43%
2018-09-30	32.37%
2018-06-24	31.53%
2018-03-25	30.50%
2017-12-31	30.66%
2017-09-24	29.15%
2017-06-25	29.32%
2017-03-26	29.23%
2016-12-31	29.87%
2016-09-25	29.35%
2016-06-26	29.38%
2016-03-27	30.46%
2015-12-31	31.06%
2015-09-27	21.23%
2015-06-28	21.09%
2015-03-29	21.14%
2014-12-31	16.64%
2014-09-28	16.69%
2014-06-29	16.56%
2014-03-30	16.66%
2013-12-31	17.00%
2013-09-29	15.82%
2013-06-30	15.77%
2013-03-31	15.93%
2012-12-31	16.32%
2012-09-30	16.59%
2012-06-24	16.92%
2012-03-25	16.88%
2011-12-31	17.04%
2011-09-25	19.45%
2011-06-26	14.09%
2011-03-27	13.70%
2010-12-31	14.31%
2010-09-26	14.12%
2010-06-27	13.85%
2010-03-28	13.93%
2009-12-31	14.39%
2009-09-27	10.65%
2009-06-28	10.94%
2009-03-29	11.02%
2008-12-31	11.38%
2008-09-28	12.96%
2008-06-29	16.31%
2008-03-30	16.83%
2007-12-31	15.24%
2007-09-30	14.80%
2007-06-30	14.78%
2007-03-31	15.33%
2006-12-31	15.72%
2006-09-30	15.28%
2006-06-30	16.83%
2006-03-31	17.51%
2005-12-31	17.97%
2005-09-30	18.58%
2005-06-30	18.55%
2005-03-31	19.05%
2004-12-31	20.03%
2004-09-30	22.78%
2004-06-30	23.13%
2004-03-31	23.09%
2003-12-31	23.72%
2003-09-30	25.01%
2003-06-30	25.16%
2003-03-31	27.22%
2002-12-31	29.44%
2002-09-30	25.78%

DATE

DEBT TO ASSETS RATIO

2026-06-28

32.89%

2026-03-29

34.94%

2025-12-31

36.26%

2025-09-28

36.81%

2025-06-29

36.76%

2025-03-30

35.83%

2024-12-31

36.45%

2024-09-29

34.80%

2024-06-30

34.96%

2024-03-31

35.33%

2023-12-31

33.28%

2023-09-24

30.69%

2023-06-25

30.79%

2023-03-26

28.56%

2022-12-31

29.40%

2022-09-25

22.06%

2022-06-26

22.50%

2022-03-27

22.61%

2021-12-31

22.95%

2021-09-26

22.52%

2021-06-27

23.36%

2021-03-28

23.65%

2020-12-31

24.00%

2020-09-27

24.96%

2020-06-28

25.55%

2020-03-29

25.77%

2019-12-31

26.62%

2019-09-29

27.50%

2019-06-30

28.30%

2019-03-31

29.19%

2018-12-31

31.43%

2018-09-30

32.37%

2018-06-24

31.53%

2018-03-25

30.50%

2017-12-31

30.66%

2017-09-24

29.15%

2017-06-25

29.32%

2017-03-26

29.23%

2016-12-31

29.87%

2016-09-25

29.35%

2016-06-26

29.38%

2016-03-27

30.46%

2015-12-31

31.06%

2015-09-27

21.23%

2015-06-28

21.09%

2015-03-29

21.14%

2014-12-31

16.64%

2014-09-28

16.69%

2014-06-29

16.56%

2014-03-30

16.66%

2013-12-31

17.00%

2013-09-29

15.82%

2013-06-30

15.77%

2013-03-31

15.93%

2012-12-31

16.32%

2012-09-30

16.59%

2012-06-24

16.92%

2012-03-25

16.88%

2011-12-31

17.04%

2011-09-25

19.45%

2011-06-26

14.09%

2011-03-27

13.70%

2010-12-31

14.31%

2010-09-26

14.12%

2010-06-27

13.85%

2010-03-28

13.93%

2009-12-31

14.39%

2009-09-27

10.65%

2009-06-28

10.94%

2009-03-29

11.02%

2008-12-31

11.38%

2008-09-28

12.96%

2008-06-29

16.31%

2008-03-30

16.83%

2007-12-31

15.24%

2007-09-30

14.80%

2007-06-30

14.78%

2007-03-31

15.33%

2006-12-31

15.72%

2006-09-30

15.28%

2006-06-30

16.83%

2006-03-31

17.51%

2005-12-31

17.97%

2005-09-30

18.58%

2005-06-30

18.55%

2005-03-31

19.05%

2004-12-31

20.03%

2004-09-30

22.78%

2004-06-30

23.13%

2004-03-31

23.09%

2003-12-31

23.72%

2003-09-30

25.01%

2003-06-30

25.16%

2003-03-31

27.22%

2002-12-31

29.44%

2002-09-30

25.78%

Debt to Assets Ratio: 32.89%

LMT Debt to Assets Ratio

LMT Average Debt to Assets Ratio Chart

LMT Current vs Average Debt to Assets Ratio Chart

LMT Debt to Assets Ratio Metrics

LMT Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

LMT Debt to Assets Ratio History

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