Lockheed Martin (LMT) Revenue & Revenue Breakdown


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Lockheed Martin Revenue Highlights


Latest Revenue (Y)

$71.04B

Latest Revenue (Q)

$17.10B

Main Segment (Y)

Aeronautics

Main Geography (Y)

Europe

Lockheed Martin Revenue by Period


Lockheed Martin Revenue by Year

DateRevenueChange
2024-12-31$71.04B5.14%
2023-12-31$67.57B2.41%
2022-12-31$65.98B-1.58%
2021-12-31$67.04B2.52%
2020-12-31$65.40B9.34%
2019-12-31$59.81B11.25%
2018-12-31$53.76B5.32%
2017-12-31$51.05B8.04%
2016-12-31$47.25B2.42%
2015-12-31$46.13B1.17%
2014-12-31$45.60B0.53%
2013-12-31$45.36B-3.87%
2012-12-31$47.18B1.47%
2011-12-31$46.50B1.52%
2010-12-31$45.80B1.36%
2009-12-31$45.19B5.75%
2008-12-31$42.73B2.08%
2007-12-31$41.86B5.66%
2006-12-31$39.62B6.47%
2005-12-31$37.21B4.75%
2004-12-31$35.53B11.63%
2003-12-31$31.82B19.74%
2002-12-31$26.58B10.79%
2001-12-31$23.99B-5.29%
2000-12-31$25.33B-0.79%
1999-12-31$25.53B-2.80%
1998-12-31$26.27B-6.42%
1997-12-31$28.07B4.44%
1996-12-31$26.88B17.60%
1995-12-31$22.85B-0.23%
1994-12-31$22.91B2.27%
1993-12-31$22.40B-

Lockheed Martin generated $71.04B in revenue during NA 2024, up 5.14% compared to the previous quarter, and up 118.78% compared to the same period a year ago.

Lockheed Martin Revenue by Quarter

DateRevenueChange
2024-09-29$17.10B-5.62%
2024-06-30$18.12B5.39%
2024-03-31$17.20B-8.90%
2023-12-31$18.87B11.83%
2023-09-24$16.88B1.11%
2023-06-25$16.69B10.36%
2023-03-26$15.13B-20.35%
2022-12-31$18.99B14.52%
2022-09-25$16.58B7.36%
2022-06-26$15.45B3.22%
2022-03-27$14.96B-15.60%
2021-12-31$17.73B10.61%
2021-09-26$16.03B-5.88%
2021-06-27$17.03B4.74%
2021-03-28$16.26B-4.54%
2020-12-31$17.03B3.26%
2020-09-27$16.50B1.70%
2020-06-28$16.22B3.64%
2020-03-29$15.65B-1.43%
2019-12-31$15.88B4.66%
2019-09-29$15.17B5.16%
2019-06-30$14.43B0.63%
2019-03-31$14.34B-0.52%
2018-12-31$14.41B0.65%
2018-09-30$14.32B6.87%
2018-06-24$13.40B15.15%
2018-03-25$11.63B-23.14%
2017-12-31$15.14B24.39%
2017-09-24$12.17B-4.07%
2017-06-25$12.69B14.72%
2017-03-26$11.06B-19.60%
2016-12-31$13.75B19.05%
2016-09-25$11.55B-10.55%
2016-06-26$12.91B10.36%
2016-03-27$11.70B-9.41%
2015-12-31$12.92B12.70%
2015-09-27$11.46B-1.56%
2015-06-28$11.64B15.15%
2015-03-29$10.11B-19.31%
2014-12-31$12.53B12.74%
2014-09-28$11.11B-1.70%
2014-06-29$11.31B6.16%
2014-03-30$10.65B-7.66%
2013-12-31$11.53B1.64%
2013-09-29$11.35B-0.53%
2013-06-30$11.41B3.05%
2013-03-31$11.07B-8.50%
2012-12-31$12.10B1.94%
2012-09-30$11.87B-0.44%
2012-06-24$11.92B5.56%
2012-03-25$11.29B-7.52%
2011-12-31$12.21B0.76%
2011-09-25$12.12B4.92%
2011-06-26$11.55B8.63%
2011-03-27$10.63B-16.89%
2010-12-31$12.79B12.47%
2010-09-26$11.38B-0.59%
2010-06-27$11.44B7.57%
2010-03-28$10.64B-15.07%
2009-12-31$12.52B13.28%
2009-09-27$11.06B-1.60%
2009-06-28$11.24B8.32%
2009-03-29$10.37B-6.82%
2008-12-31$11.13B5.25%
2008-09-28$10.58B-4.19%
2008-06-29$11.04B10.58%
2008-03-30$9.98B-

Lockheed Martin generated $17.10B in revenue during Q3 2024, up -5.62% compared to the previous quarter, and up 102.46% compared to the same period a year ago.

Lockheed Martin Revenue Breakdown


Lockheed Martin Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Missiles And Fire Control$12.68B$11.25B$11.32B$11.26B-
Rotary and Mission Systems$17.26B$16.24B$16.15B$15.99B-
Space$12.48B$12.61B$11.53B$11.88B-
Aeronautics$28.62B$27.47B$26.99B$26.27B-
Product-$56.27B---
Service-$11.31B---
Atomic Weapons Establishment---$885.00M-

Lockheed Martin's latest annual revenue breakdown by segment (product or service), as of Dec 24: Aeronautics (40.28%), Rotary and Mission Systems (24.30%), Missiles And Fire Control (17.85%), and Space (17.57%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Rotary and Mission Systems$4.26B$4.37B$4.55B$4.09B$4.71B$3.90B$3.51B$4.80B$3.78B$4.01B$3.55B$4.46B$4.24B$4.11B$4.21B$4.00B$4.04B$3.75B--
Space$2.94B$3.08B$3.19B$3.27B$3.38B$3.17B$2.96B$3.27B$2.88B$2.83B$2.56B$2.92B$3.18B$3.02B$3.24B$2.85B$2.88B$2.92B--
Aeronautics$8.01B$6.49B$7.28B$6.84B$7.61B$6.88B$6.27B$7.63B$7.09B$5.86B$6.40B$7.13B$6.67B$6.39B$6.71B$6.68B$6.50B$6.37B--
Missiles And Fire Control$3.41B$3.17B$3.10B$2.99B$3.17B$2.75B$2.39B$3.29B$2.83B$2.75B$2.45B$3.22B$2.94B$2.75B$2.87B$2.97B$2.80B$2.62B--
Product----$42.25B$14.01B--------------
Service----$8.44B$2.86B--------------
Atomic Weapons Establishment-------------$350.00M------

Lockheed Martin's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Aeronautics (43.01%), Rotary and Mission Systems (22.88%), Missiles And Fire Control (18.32%), and Space (15.79%).

Lockheed Martin Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23
Other Region$1.48B$1.23B
Asia Pacific$6.24B$5.85B
Middle East$3.08B$3.55B
Europe$7.72B$7.01B

Lockheed Martin's latest annual revenue breakdown by geography, as of Dec 24: Europe (41.67%), Asia Pacific (33.71%), Middle East (16.61%), and Other Region (8.01%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Sep 21Mar 18
Asia Pacific$1.69B$1.50B$1.64B$1.41B$1.67B$1.47B$1.37B$23.00M
Other Region$367.00M$398.00M$403.00M$315.00M$319.00M$315.00M$261.00M-
Middle East$762.00M$729.00M$845.00M$739.00M$1.01B$880.00M$1.14B$7.00M
Europe$2.48B$1.71B$1.78B$1.74B$2.21B$1.66B$1.38B$426.00M
UNITED STATES-------$1.88B

Lockheed Martin's latest quarterly revenue breakdown by geography, as of Dec 24: Europe (46.86%), Asia Pacific (31.85%), Middle East (14.37%), and Other Region (6.92%).

Lockheed Martin Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BABoeing$77.79B$17.84B
LMTLockheed Martin$71.04B$17.10B
RTXRTX$68.92B$20.09B
GDGeneral Dynamics$42.27B-
NOCNorthrop Grumman$39.29B$10.00B
LHXL3Harris$19.42B$5.29B
HIIHuntington Ingalls Industries$11.45B$2.75B
SPCEVirgin Galactic$6.80M$402.00K

LMT Revenue FAQ


What is Lockheed Martin’s yearly revenue?

Lockheed Martin's yearly revenue for 2024 was $71.04B, representing an increase of 5.14% compared to 2023. The company's yearly revenue for 2023 was $67.57B, representing an increase of 2.41% compared to 2022. LMT's yearly revenue for 2022 was $65.98B, representing a decrease of -1.58% compared to 2021.

What is Lockheed Martin’s quarterly revenue?

Lockheed Martin's quarterly revenue for Q3 2024 was $17.1B, a -5.62% decrease from the previous quarter (Q2 2024), and a 1.34% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $18.12B, a 5.39% increase from the previous quarter (Q1 2024), and a 8.56% increase year-over-year (Q2 2023). LMT's quarterly revenue for Q1 2024 was $17.2B, a -8.90% decrease from the previous quarter (Q4 2023), and a 13.68% increase year-over-year (Q1 2023).

What is Lockheed Martin’s revenue growth rate?

Lockheed Martin's revenue growth rate for the last 3 years (2022-2024) was 7.67%, and for the last 5 years (2020-2024) was 8.63%.

What are Lockheed Martin’s revenue streams?

Lockheed Martin's revenue streams in c 24 are Missiles And Fire Control, Rotary and Mission Systems, Space, and Aeronautics. Missiles And Fire Control generated $12.68B in revenue, accounting 17.85% of the company's total revenue, up 12.70% year-over-year. Rotary and Mission Systems generated $17.26B in revenue, accounting 24.30% of the company's total revenue, up 6.31% year-over-year. Space generated $12.48B in revenue, accounting 17.57% of the company's total revenue, down -1.00% year-over-year. Aeronautics generated $28.62B in revenue, accounting 40.28% of the company's total revenue, up 4.16% year-over-year.

What is Lockheed Martin’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Lockheed Martin was Aeronautics. This segment made a revenue of $28.62B, representing 40.28% of the company's total revenue.