Lockheed Martin Corporation (LMT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lockheed Martin Corporation (LMT) has a cash flow conversion efficiency ratio of 0.603x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.73 Billion) by net assets ($6.18 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See LMT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Lockheed Martin Corporation - Cash Flow Conversion Efficiency Trend (1993–2024)
This chart illustrates how Lockheed Martin Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Lockheed Martin Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lockheed Martin Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BP p.l.c
MX:BPN
|
0.037x |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
0.054x |
|
Compagnie Financière Richemont SA
JSE:CFR
|
0.035x |
|
Crowdstrike Holdings Inc
NASDAQ:CRWD
|
0.111x |
|
Quanta Services Inc
NYSE:PWR
|
0.043x |
|
Mizuho Financial Group Inc.
NYSE:MFG
|
-0.200x |
|
Sanofi
F:SNW2
|
0.051x |
|
Medtronic plc
SA:MDTC34
|
0.097x |
Annual Cash Flow Conversion Efficiency for Lockheed Martin Corporation (1993–2024)
The table below shows the annual cash flow conversion efficiency of Lockheed Martin Corporation from 1993 to 2024. For the full company profile with market capitalisation and key ratios, see Lockheed Martin Corporation market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $6.33 Billion | $6.97 Billion | 1.101x | -4.99% |
| 2023-12-31 | $6.83 Billion | $7.92 Billion | 1.159x | +37.62% |
| 2022-12-31 | $9.27 Billion | $7.80 Billion | 0.842x | +0.07% |
| 2021-12-31 | $10.96 Billion | $9.22 Billion | 0.841x | -37.91% |
| 2020-12-31 | $6.04 Billion | $8.18 Billion | 1.355x | -41.22% |
| 2019-12-31 | $3.17 Billion | $7.31 Billion | 2.306x | +6.46% |
| 2018-12-31 | $1.45 Billion | $3.14 Billion | 2.166x | +120.37% |
| 2017-12-31 | $-609.00 Million | $6.48 Billion | -10.634x | -429.12% |
| 2016-12-31 | $1.61 Billion | $5.19 Billion | 3.231x | +96.17% |
| 2015-12-31 | $3.10 Billion | $5.10 Billion | 1.647x | +44.85% |
| 2014-12-31 | $3.40 Billion | $3.87 Billion | 1.137x | +23.01% |
| 2013-12-31 | $4.92 Billion | $4.55 Billion | 0.924x | -97.69% |
| 2012-12-31 | $39.00 Million | $1.56 Billion | 40.026x | +842.06% |
| 2011-12-31 | $1.00 Billion | $4.25 Billion | 4.249x | +344.16% |
| 2010-12-31 | $3.71 Billion | $3.55 Billion | 0.957x | +24.48% |
| 2009-12-31 | $4.13 Billion | $3.17 Billion | 0.768x | -50.20% |
| 2008-12-31 | $2.87 Billion | $4.42 Billion | 1.543x | +256.76% |
| 2007-12-31 | $9.80 Billion | $4.24 Billion | 0.433x | -21.29% |
| 2006-12-31 | $6.88 Billion | $3.78 Billion | 0.550x | +35.35% |
| 2005-12-31 | $7.87 Billion | $3.19 Billion | 0.406x | -2.51% |
| 2004-12-31 | $7.02 Billion | $2.92 Billion | 0.416x | +55.54% |
| 2003-12-31 | $6.76 Billion | $1.81 Billion | 0.268x | -31.36% |
| 2002-12-31 | $5.87 Billion | $2.29 Billion | 0.390x | +37.73% |
| 2001-12-31 | $6.44 Billion | $1.82 Billion | 0.283x | +0.60% |
| 2000-12-31 | $7.16 Billion | $2.02 Billion | 0.282x | +66.30% |
| 1999-12-31 | $6.36 Billion | $1.08 Billion | 0.169x | -48.84% |
| 1998-12-31 | $6.14 Billion | $2.03 Billion | 0.331x | +41.80% |
| 1997-12-31 | $5.18 Billion | $1.21 Billion | 0.233x | -2.20% |
| 1996-12-31 | $6.86 Billion | $1.64 Billion | 0.239x | +18.81% |
| 1995-12-31 | $6.43 Billion | $1.29 Billion | 0.201x | -18.13% |
| 1994-12-31 | $6.09 Billion | $1.49 Billion | 0.245x | -12.55% |
| 1993-12-31 | $5.20 Billion | $1.46 Billion | 0.281x | -- |
About Lockheed Martin Corporation
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility a… Read more