Company / Operating Income
Lockheed Martin Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$7.7B
FY2025
5-year range
$7.0B / $8.5B
FY2021-FY2025
Trend
+10.2%
vs FY2024
Sector context
#6 of 328
Industrials
What the data says
Among 328 Industrials companies, Lockheed Martin is in the top 2% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $5.0B in FY2016 to $8.5B in FY2021.
Based on SEC 10-K filings.
$7.7B in FY2025 with a 5-year CAGR of +1.1%. Top quartile in the Industrials sector.
Declined from $8.5B to $7.7B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -2.5%
- 5-Year CAGR
- +1.1%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in IndustrialsTop 2% of 328This company $7.7B Sector average $717.8M
▼
+977.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.1%, indicating consistent growth.
- In FY2025, operating income increased 10.2% year-over-year.
- Ranks #6 out of 328 companies in the Industrials sector.
- Peak operating income was recorded in FY2021.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.7B | +10.2% |
| FY2024 | $7.0B | -17.6% |
| FY2023 | $8.5B | +1.9% |
| FY2022 | $8.3B | -2.3% |
| FY2021 | $8.5B | +16.5% |
| FY2020 | $7.3B | +8.7% |
| FY2019 | $6.7B | +14.5% |
| FY2018 | $5.9B | -12.7% |
| FY2017 | $6.7B | +34.6% |
| FY2016 | $5.0B | +6.4% |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026