Company / Interest Expense
Lockheed Martin Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$916.0M
FY2023
5-year range
$623.0M / $916.0M
FY2019-FY2023
Trend
+47.0%
vs FY2022
Sector context
#2 of 119
Industrials
What the data says
Among 119 Industrials companies, Lockheed Martin is in the bottom 2% for interest expense. Interest Expense returned to growth in FY2023 after 2 years of decline, reaching $916M.
Based on SEC 10-K filings.
$916M in FY2023 with a 5-year CAGR of +6.7%. Ranks 2nd among 119 companies in Industrials.
Increased from $653M to $916M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +11.1%
- 5-Year CAGR
- +6.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 119This company $916.0M Sector average $98.0M
▼
+834.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +6.7%, indicating consistent growth.
- In FY2023, interest expense increased 47.0% year-over-year.
- Ranks #2 out of 119 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2016.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $916.0M | +47.0% |
| FY2022 | $623.0M | -4.6% |
| FY2021 | $653.0M | -2.2% |
| FY2020 | $668.0M | +2.6% |
| FY2019 | $651.0M | -1.8% |
| FY2018 | $663.0M | +1.8% |
| FY2017 | $651.0M | +91.5% |
| FY2016 | $340.0M | -23.3% |
As of FY2023 · SEC 10-K · Updated Jul 4, 2026