Lockheed Martin (LMT) Interest Coverage Ratio: History & Chart

Lockheed Martin Corporation(LMT)

Aerospace & Defense · Bethesda, MD

$536.15+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:02 PM 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.

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LMT Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.92x

INTEREST COVERAGE RATIO AVG TTM

7.15x

INTEREST COVERAGE RATIO AVG 3Y

8.40x

INTEREST COVERAGE RATIO AVG 5Y

9.83x

INTEREST COVERAGE RATIO AVG 10Y

10.92x

INTEREST COVERAGE RATIO AVG 15Y

11.47x

INTEREST COVERAGE RATIO AVG 20Y

11.52x

CURRENT VS TTM AVG

-3.16%

CURRENT VS 3Y AVG

-17.66%

CURRENT VS 5Y AVG

-29.60%

CURRENT VS 10Y AVG

-36.62%

CURRENT VS 15Y AVG

-39.65%

CURRENT VS 20Y AVG

-39.93%

SECTOR MEDIAN · INDUSTRIALS

7.85x

median of 140 covered companies

CURRENT VS SECTOR MEDIAN

-11.85%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Lockheed Martin Corporation (LMT)	$123.74B	6.92x	7.15x	8.40x	9.83x
Parker-Hannifin Corporation (PH)vs ›	$120.52B	11.56x	10.75x	8.70x	9.24x
Vertiv Holdings Co (VRT)vs ›	$111.97B	22.03x	15.60x	9.21x	7.01x
Siemens Energy AG (SMEGF)vs ›	$145.22B	6.86x	6.63x	6.63x	6.63x
Trane Technologies plc (TT)vs ›	$98.13B	17.44x	16.06x	13.82x	11.68x
General Dynamics Corporation (GD)vs ›	$96.48B	17.06x	14.63x	12.67x	11.46x
Quanta Services, Inc. (PWR)vs ›	$96.08B	6.26x	6.43x	6.65x	8.43x
Howmet Aerospace Inc. (HWM)vs ›	$92.64B	14.11x	11.65x	8.38x	6.52x
CSX Corporation (CSX)vs ›	$90.77B	5.36x	5.91x	6.65x	6.58x
Safran S.A. (SAFRY)vs ›	$158.87B	35.12x	33.81x	27.07x	20.93x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Lockheed Martin Corporation (LMT)

$123.74B

6.92x

7.15x

8.40x

9.83x

Parker-Hannifin Corporation (PH)vs ›

$120.52B

11.56x

10.75x

8.70x

9.24x

Vertiv Holdings Co (VRT)vs ›

$111.97B

22.03x

15.60x

9.21x

7.01x

Siemens Energy AG (SMEGF)vs ›

$145.22B

6.86x

6.63x

Trane Technologies plc (TT)vs ›

$98.13B

17.44x

16.06x

13.82x

11.68x

General Dynamics Corporation (GD)vs ›

$96.48B

17.06x

14.63x

12.67x

11.46x

Quanta Services, Inc. (PWR)vs ›

$96.08B

6.26x

6.43x

6.65x

8.43x

Howmet Aerospace Inc. (HWM)vs ›

$92.64B

14.11x

11.65x

8.38x

6.52x

CSX Corporation (CSX)vs ›

$90.77B

5.36x

5.91x

6.65x

6.58x

Safran S.A. (SAFRY)vs ›

$158.87B

35.12x

33.81x

27.07x

20.93x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Lockheed Martin Corporation (LMT)?

The interest coverage ratio for LMT stock is 6.92x.

Is Lockheed Martin Corporation's interest coverage ratio high or low?

The interest coverage ratio of 6.92x is 30% below its 5-year average of 9.83x, around the middle of its 5-year range (2.64x–16.82x).

What is the TTM average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The TTM average interest coverage ratio for LMT stock is 7.15x.

What is the 3Y average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The 3Y average interest coverage ratio for LMT stock is 8.40x.

What is the 5Y average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The 5Y average interest coverage ratio for LMT stock is 9.83x.

What is the 10Y average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The 10Y average interest coverage ratio for LMT stock is 10.92x.

What is the 15Y average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The 15Y average interest coverage ratio for LMT stock is 11.47x.

What is the 20Y average interest coverage ratio for Lockheed Martin Corporation (LMT)?

The 20Y average interest coverage ratio for LMT stock is 11.52x.

DATE	INTEREST COVERAGE RATIO
2026-06-28	9.32x
2026-03-29	7.67x
2025-12-31	8.04x
2025-09-28	7.97x
2025-06-29	2.73x
2025-03-30	8.85x
2024-12-31	2.64x
2024-09-29	8.36x
2024-06-30	8.23x
2024-03-31	7.96x
2023-12-31	9.03x
2023-09-24	8.62x
2023-06-25	9.57x
2023-03-26	10.08x
2022-12-31	11.35x
2022-09-25	14.89x
2022-06-26	13.87x
2022-03-27	14.32x
2021-12-31	16.82x
2021-09-26	16.27x
2021-06-27	15.44x
2021-03-28	15.59x
2020-12-31	15.36x
2020-09-27	14.81x
2020-06-28	14.00x
2020-03-29	14.34x
2019-12-31	13.69x
2019-09-29	12.99x
2019-06-30	12.32x
2019-03-31	13.35x
2018-12-31	10.82x
2018-09-30	11.09x
2018-06-24	10.88x
2018-03-25	11.13x
2017-12-31	10.68x
2017-09-24	8.81x
2017-06-25	9.28x
2017-03-26	7.41x
2016-12-31	8.35x
2016-09-25	9.80x
2016-06-26	8.33x
2016-03-27	7.02x
2015-12-31	9.02x
2015-09-27	11.46x
2015-06-28	13.89x
2015-03-29	14.58x
2014-12-31	15.43x
2014-09-28	16.98x
2014-06-29	16.78x
2014-03-30	16.65x
2013-12-31	9.70x
2013-09-29	14.93x
2013-06-30	14.75x
2013-03-31	12.16x
2012-12-31	11.96x
2012-09-30	11.72x
2012-06-24	12.42x
2012-03-25	10.51x
2011-12-31	11.27x
2011-09-25	11.70x
2011-06-26	11.82x
2011-03-27	10.16x
2010-12-31	15.38x
2010-09-26	10.46x
2010-06-27	13.20x
2010-03-28	11.16x
2009-12-31	14.43x
2009-09-27	16.19x
2009-06-28	14.25x
2009-03-29	13.91x
2008-12-31	17.51x
2008-09-28	14.61x
2008-06-29	14.82x
2008-03-30	13.54x
2007-12-31	3.45x
2007-09-30	0.97x
2006-12-31	3.14x
2005-12-31	2.39x
2004-12-31	1.34x
2003-12-31	1.14x
2003-09-30	4.60x
2003-06-30	3.45x
2002-12-31	0.82x

DATE

INTEREST COVERAGE RATIO

2026-06-28

9.32x

2026-03-29

7.67x

2025-12-31

8.04x

2025-09-28

7.97x

2025-06-29

2.73x

2025-03-30

8.85x

2024-12-31

2.64x

2024-09-29

8.36x

2024-06-30

8.23x

2024-03-31

7.96x

2023-12-31

9.03x

2023-09-24

8.62x

2023-06-25

9.57x

2023-03-26

10.08x

2022-12-31

11.35x

2022-09-25

14.89x

2022-06-26

13.87x

2022-03-27

14.32x

2021-12-31

16.82x

2021-09-26

16.27x

2021-06-27

15.44x

2021-03-28

15.59x

2020-12-31

15.36x

2020-09-27

14.81x

2020-06-28

14.00x

2020-03-29

14.34x

2019-12-31

13.69x

2019-09-29

12.99x

2019-06-30

12.32x

2019-03-31

13.35x

2018-12-31

10.82x

2018-09-30

11.09x

2018-06-24

10.88x

2018-03-25

11.13x

2017-12-31

10.68x

2017-09-24

8.81x

2017-06-25

9.28x

2017-03-26

7.41x

2016-12-31

8.35x

2016-09-25

9.80x

2016-06-26

8.33x

2016-03-27

7.02x

2015-12-31

9.02x

2015-09-27

11.46x

2015-06-28

13.89x

2015-03-29

14.58x

2014-12-31

15.43x

2014-09-28

16.98x

2014-06-29

16.78x

2014-03-30

16.65x

2013-12-31

9.70x

2013-09-29

14.93x

2013-06-30

14.75x

2013-03-31

12.16x

2012-12-31

11.96x

2012-09-30

11.72x

2012-06-24

12.42x

2012-03-25

10.51x

2011-12-31

11.27x

2011-09-25

11.70x

2011-06-26

11.82x

2011-03-27

10.16x

2010-12-31

15.38x

2010-09-26

10.46x

2010-06-27

13.20x

2010-03-28

11.16x

2009-12-31

14.43x

2009-09-27

16.19x

2009-06-28

14.25x

2009-03-29

13.91x

2008-12-31

17.51x

2008-09-28

14.61x

2008-06-29

14.82x

2008-03-30

13.54x

2007-12-31

3.45x

2007-09-30

0.97x

2006-12-31

3.14x

2005-12-31

2.39x

2004-12-31

1.34x

2003-12-31

1.14x

2003-09-30

4.60x

2003-06-30

3.45x

2002-12-31

0.82x

Interest Coverage Ratio: 6.92x

LMT Interest Coverage Ratio

LMT Average Interest Coverage Ratio Chart

LMT Current vs Average Interest Coverage Ratio Chart

LMT Interest Coverage Ratio Metrics

LMT Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

LMT Interest Coverage Ratio History

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