Company / Cost of Revenue
Lockheed Martin Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$67.4B
FY2025
5-year range
$51.4B / $67.4B
FY2021-FY2025
Trend
+5.2%
vs FY2024
Sector context
#2 of 245
Industrials
What the data says
Among 245 Industrials companies, Lockheed Martin is in the bottom 1% for cost of revenue. Cost of Revenue has increased for 7 consecutive years, from $41.9B in FY2018 to $67.4B in FY2025.
Based on SEC 10-K filings.
$67.4B in FY2025 with a 5-year CAGR of +7.7%. Ranks 2nd among 245 companies in Industrials.
Increased from $59.1B to $67.4B over the past 2 years.
Industrials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +5.3%
- 5-Year CAGR
- +7.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in IndustrialsTop 99% of 245This company $67.4B Sector average $4.3B
▼
+1453.4% above sector average
Key checks
Key Insights
- Lockheed Martin's cost of revenue has grown for 7 consecutive years.
- 5-year CAGR of +7.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 5.2% year-over-year.
- Ranks #2 out of 245 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 68.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $67.4B | +5.2% |
| FY2024 | $64.1B | +8.5% |
| FY2023 | $59.1B | +2.4% |
| FY2022 | $57.7B | +12.2% |
| FY2021 | $51.4B | +10.7% |
| FY2020 | $46.5B | +6.7% |
| FY2019 | $43.6B | +4.1% |
| FY2018 | $41.9B | -3.9% |
| FY2017 | $43.6B | +23.6% |
| FY2016 | $35.3B | -2.2% |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026