Lockheed Martin Corporation (LMT) EBITDA Margin: 10.33%
Is Lockheed Martin Corporation’s EBITDA margin high or low?
Lockheed Martin Corporation's EBITDA margin of 10.33% is 23% below its 5-year average of 13.50%, near the low end of its 5-year range (10.33%–15.47%).
The EBITDA margin for Lockheed Martin Corporation (LMT) is 10.33% as of Tuesday, June 9, 2026. It is below its 12-month average by 9.15% (11.37%).
LMT EBITDA Margin Chart
LMT Average EBITDA Margin Chart
LMT Current vs Average EBITDA Margin Chart
LMT EBITDA Margin Metrics
EBITDA MARGIN
10.33%
EBITDA MARGIN AVG TTM
11.37%
EBITDA MARGIN AVG 3Y
12.85%
EBITDA MARGIN AVG 5Y
13.50%
EBITDA MARGIN AVG 10Y
13.90%
EBITDA MARGIN AVG 15Y
13.35%
EBITDA MARGIN AVG 20Y
13.00%
CURRENT VS TTM AVG
-9.15%
CURRENT VS 3Y AVG
-19.61%
CURRENT VS 5Y AVG
-23.49%
CURRENT VS 10Y AVG
-25.69%
CURRENT VS 15Y AVG
-22.64%
CURRENT VS 20Y AVG
-20.56%
LMT Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lockheed Martin Corporation (LMT) | — | 10.33% | 11.37% | 12.85% | 13.50% |
| Parker-Hannifin Corporation (PH) | $114.18B | 27.32% | 26.27% | 22.33% | 21.34% |
| Honeywell International Inc. (HON) | $136.68B | 21.92% | 23.12% | 23.21% | 23.51% |
| Automatic Data Processing, Inc. (ADP) | $92.41B | 30.36% | 30.28% | 29.09% | 28.07% |
| Cummins Inc. (CMI) | $92.35B | 16.03% | 17.31% | 14.26% | 14.57% |
| United Parcel Service, Inc. (UPS) | $91.69B | 13.45% | 13.28% | 14.82% | 14.38% |
| Deere & Company (DE) | $155.84B | 26.10% | 26.10% | 28.05% | 26.49% |
| Eaton Corporation plc (ETN) | $155.99B | 21.67% | 22.15% | 21.18% | 20.08% |
| Union Pacific Corporation (UNP) | $161.06B | 52.82% | 52.18% | 51.15% | 51.97% |
| 3M Company (MMM) | $81.55B | 23.45% | 26.42% | 10.54% | 16.33% |
Margin Comparison
Gross Margin
10.2%
EBITDA Margin
10.3%
Operating Margin
10.3%
Net Margin
6.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Lockheed Martin Corporation EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Lockheed Martin Corporation EBITDA Margin FAQ
- What is the EBITDA margin for Lockheed Martin Corporation (LMT)?
- The EBITDA margin for LMT stock is 10.33%.
- Is Lockheed Martin Corporation's EBITDA margin high or low?
- Lockheed Martin Corporation's EBITDA margin of 10.33% is 23% below its 5-year average of 13.50%, near the low end of its 5-year range (10.33%–15.47%).
- What is the TTM average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The TTM average EBITDA margin for LMT stock is 11.37%.
- What is the 3Y average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The 3Y average EBITDA margin for LMT stock is 12.85%.
- What is the 5Y average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The 5Y average EBITDA margin for LMT stock is 13.50%.
- What is the 10Y average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The 10Y average EBITDA margin for LMT stock is 13.90%.
- What is the 15Y average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The 15Y average EBITDA margin for LMT stock is 13.35%.
- What is the 20Y average EBITDA margin for Lockheed Martin Corporation (LMT)?
- The 20Y average EBITDA margin for LMT stock is 13.00%.
Lockheed Martin Corporation EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 10.33% |
| 2024-12-31 | 12.41% |
| 2023-12-31 | 15.46% |
| 2022-12-31 | 13.20% |
| 2021-12-31 | 14.14% |
| 2020-12-31 | 15.47% |
| 2019-12-31 | 15.19% |
| 2018-12-31 | 14.26% |
| 2017-12-31 | 14.20% |
| 2016-12-31 | 14.02% |
| 2015-12-31 | 14.23% |
| 2014-12-31 | 15.05% |
| 2013-12-31 | 12.11% |
| 2012-12-31 | 11.54% |
| 2011-12-31 | 10.74% |
| 2010-12-31 | 11.30% |
| 2009-12-31 | 11.78% |
| 2008-12-31 | 13.90% |
| 2007-12-31 | 13.23% |
| 2006-12-31 | 10.60% |
| 2005-12-31 | 9.92% |
| 2004-12-31 | 7.73% |
| 2003-12-31 | 8.12% |
| 2002-12-31 | 6.46% |
| 2001-12-31 | 9.86% |
| 2000-12-31 | 8.44% |
| 1999-12-31 | 10.32% |
| 1998-12-31 | 12.78% |
| 1997-12-31 | 11.93% |
| 1996-12-31 | 12.94% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- James D. Taiclet Jr.