Lockheed MartinLIM:LMT 73 Quick Ratio is 0.94 as of Mar. 2026, which is 10% below its 10-year median of 1.04. GuruFocus rates LIM:LMT with a GF Score™ of 73/100 and a GF Value™ of $587.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, Lockheed Martin ranks worse than 70.31% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Lockheed Martin's quick ratio for the quarter that ended in Mar. 2026 was 0.94.
Lockheed Martin has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Lockheed Martin's Quick Ratio or its related term are showing as below:
LIM:LMT'
s Quick Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.04 Max: 1.23
Current: 0.94
During the past 13 years, Lockheed Martin's highest Quick Ratio was 1.23. The lowest was 0.70. And the median was 1.04.
LIM:LMT's Quick Ratio is ranked worse than 70.31% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.3
vs LIM:LMT: 0.94
Lockheed Martin (LIM:LMT) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Lockheed Martin Quick Ratio Related Terms
Lockheed Martin Quick Ratio Historical Data
* Premium members only.
The historical data trend for Lockheed Martin's Quick Ratio 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.
For the Aerospace & Defense subindustry, Lockheed Martin's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Lockheed Martin's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (LIM:LMT) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lockheed Martin and its competitors. This is 10% below median its historical median of 1.04. Over the past decade, Lockheed Martin's Quick Ratio has ranged from 0.70 to 1.23. According to the industry distribution chart, Lockheed Martin ranks #251 out of 357 companies in the Aerospace & Defense industry, placing it in the top 70.3%.
Is Lockheed Martin's Quick Ratio too high?
Lockheed Martin's current Quick Ratio of 0.94 is 10% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.23. The Aerospace & Defense industry median Quick Ratio is 1.30. Lockheed Martin's value of 0.94 is 27.7% below this industry median. Based on the distribution chart, Lockheed Martin ranks #251 out of 357 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Lockheed Martin has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lockheed Martin's Quick Ratio compare to HWM and GD?
According to the Aerospace & Defense industry distribution chart, Lockheed Martin ranks #251 out of 357 companies for Quick Ratio. This places Lockheed Martin in the lower half of its industry. The industry median Quick Ratio is 1.30. Lockheed Martin's value of 0.94 is 27.7% below this benchmark. Historically, Lockheed Martin's own Quick Ratio has ranged from 0.70 to 1.23 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.30, Lockheed Martin has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lockheed Martin's current Quick Ratio of 0.94 is 27.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lockheed Martin and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lockheed Martin's current Quick Ratio is 0.94, which is 10% below median its own 10-year median of 1.04. 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 (LIM:LMT) is currently considered Fairly Valued. The stock's GF Value™ is $587.42, compared to a current price of $541.22 — trading 7.9% below its estimated fair value. The current Quick Ratio is 0.94, which is 10% below median its 10-year median of 1.04 and 27.7% below the Aerospace & Defense industry median of 1.30. Lockheed Martin's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Lockheed Martin (LIM:LMT), the current Quick Ratio is 0.94 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 (LIM:LMT) Overvalued in 2026?
Based on GuruFocus' analysis, Lockheed Martin stock appears to be undervalued.
The current stock price of $541.22 is trading 7.9% below its estimated GF Value™ of $587.42.
GuruFocus considers Lockheed Martin to be Fairly Valued.
Key valuation signals for LIM:LMT:
Quick Ratio: 0.94 (10% below median its 10-year median of 1.04)
GF Value™: $587.42 vs. price of $541.22 (7.9% below fair value)
Industry Position: 27.7% below the Aerospace & Defense median (#251 of 357)
No single metric tells the full story. See the LIM:LMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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