Lockheed Martin (MEX:LMT) FCF Margin %: -1.61% (As of Mar. 2026)


MEX:LMT Lockheed Martin Corp MEX:LMT
74 GF Score
Price MXN8,835.00
GF Value MXN9,705.12
Valuation Fairly Valued
! 3 Warning Signs
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What is Lockheed Martin FCF Margin %?

Lockheed Martin MEX:LMT -0.39% 74 FCF Margin % is -1.61% as of Mar. 2026. GuruFocus rates MEX:LMT with a GF Score™ of 74/100 and a GF Value™ of MXN9,705.12 (Fairly Valued). The stock has 3 warning signs investors should review. Among 347 Aerospace & Defense companies, Lockheed Martin ranks better than 65.13% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Lockheed Martin's Free Cash Flow for the three months ended in Mar. 2026 was MXN-5,248 Mil. Lockheed Martin's Revenue for the three months ended in Mar. 2026 was MXN324,967 Mil. Therefore, Lockheed Martin's FCF Margin % for the quarter that ended in Mar. 2026 was -1.61%.

As of today, Lockheed Martin's current FCF Yield % is 4.88%.

The historical rank and industry rank for Lockheed Martin's FCF Margin % or its related term are showing as below:

MEX:LMT' s FCF Margin % Range Over the Past 10 Years
Min: 3.46   Med: 9.26   Max: 11.48
Current: 7.53


During the past 13 years, the highest FCF Margin % of Lockheed Martin was 11.48%. The lowest was 3.46%. And the median was 9.26%.

MEX:LMT's FCF Margin % is ranked better than
65.13% of 347 companies
in the Aerospace & Defense industry
Industry Median: 0.64 vs MEX:LMT: 7.53


Lockheed Martin FCF Margin % Related Terms


Lockheed Martin FCF Margin % Historical Data

* Premium members only.

The historical data trend for Lockheed Martin's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lockheed Martin FCF Margin % Chart

Lockheed Martin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 9.29 9.22 7.44 9.20

Lockheed Martin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.32 -0.83 17.99 13.56 -1.61

MEX:LMT vs HWM, GD, RKLB: FCF Margin % Comparison

For the Aerospace & Defense subindustry, Lockheed Martin's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lockheed Martin FCF Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Lockheed Martin's FCF Margin % falls into.


MEX:LMT
74GF Score
Lockheed Martin Corp MEX:LMT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lockheed Martin FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Lockheed Martin's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=124383.376/1351291.774
=9.20 %

Lockheed Martin's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-5247.516/324967.287
=-1.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -1.61% mean?
Lockheed Martin (MEX:LMT) has a FCF Margin % of -1.61% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lockheed Martin and its competitors. Over the past decade, Lockheed Martin's FCF Margin % has ranged from 3.46 to 11.48. According to the industry distribution chart, Lockheed Martin ranks #121 out of 347 companies in the Aerospace & Defense industry, placing it in the top 34.9%.
Is Lockheed Martin's FCF Margin % too high?
Lockheed Martin's current FCF Margin % is -1.61%. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 11.48. Based on the distribution chart, Lockheed Martin ranks #121 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Lockheed Martin has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lockheed Martin's FCF Margin % compare to HWM and GD?
According to the Aerospace & Defense industry distribution chart, Lockheed Martin ranks #121 out of 347 companies for FCF Margin %. This puts Lockheed Martin in the upper half of its industry. The industry median FCF Margin % is 0.64. Historically, Lockheed Martin's own FCF Margin % has ranged from 3.46 to 11.48 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Aerospace & Defense company?
The median FCF Margin % among Aerospace & Defense companies is 0.64, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lockheed Martin and its competitors. For the Aerospace & Defense industry, the median FCF Margin % is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lockheed Martin's current FCF Margin % is -1.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lockheed Martin stock overvalued right now?
Based on GuruFocus' analysis, Lockheed Martin (MEX:LMT) is currently considered Fairly Valued. The stock's GF Value™ is MXN9,705.12, compared to a current price of MXN8,835.00 — trading 9% below its estimated fair value. The current FCF Margin % is -1.61%. Lockheed Martin's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Lockheed Martin (MEX:LMT), the current FCF Margin % is -1.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lockheed Martin (MEX:LMT) Overvalued in 2026?

Based on GuruFocus' analysis, Lockheed Martin stock appears to be undervalued. The current stock price of MXN8,835.00 is trading 9% below its estimated GF Value™ of MXN9,705.12. GuruFocus considers Lockheed Martin to be Fairly Valued.

Key valuation signals for MEX:LMT:

  • FCF Margin %: -1.61%
  • GF Value™: MXN9,705.12 vs. price of MXN8,835.00 (9% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the MEX:LMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lockheed Martin Business Description

Address 6801 Rockledge Drive, Bethesda, MD, USA, 20817
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
74GF Score

Get the complete analysis for MEX:LMT

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN8,835.00
Price
MXN9,705.12
GF Value