Lockheed Martin Corporation (LMT) — Cash Flow Quality Index

Latest as of September 2025: 2.30x

Lockheed Martin Corporation (LMT) has a Cash Flow Quality Index of 2.30x as of September 2025. Operating cash flow of $3.73 Billion exceeds net income of $1.62 Billion, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Lockheed Martin Corporation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.30x
Operating CF / Net Income

Operating Cash Flow

$3.73 Billion
USD

Net Income

$1.62 Billion
USD

Data as of

Sep 2025
Most recent filing

Lockheed Martin Corporation Cash Flow Quality Index (1993–2024)

Historical Cash Flow Quality Index for Lockheed Martin Corporation across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Lockheed Martin Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Lockheed Martin Corporation (1993–2024)

Year-by-year earnings quality comparison for Lockheed Martin Corporation. For live market cap and the full company financial profile, see Lockheed Martin Corporation market cap and net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.31x $6.97 Billion $5.34 Billion ▲ +14.2%
2023 1.14x $7.92 Billion $6.92 Billion ▼ -15.9%
2022 1.36x $7.80 Billion $5.73 Billion ▼ -6.8%
2021 1.46x $9.22 Billion $6.32 Billion ▲ +21.9%
2020 1.20x $8.18 Billion $6.83 Billion ▲ +2.0%
2019 1.17x $7.31 Billion $6.23 Billion ▲ +88.7%
2018 0.62x $3.14 Billion $5.05 Billion ▼ -80.8%
2017 3.23x $6.48 Billion $2.00 Billion ▲ +230.5%
2016 0.98x $5.19 Billion $5.30 Billion ▼ -30.8%
2015 1.41x $5.10 Billion $3.60 Billion ▲ +32.3%
2014 1.07x $3.87 Billion $3.61 Billion ▼ -29.9%
2013 1.52x $4.55 Billion $2.98 Billion ▲ +168.2%
2012 0.57x $1.56 Billion $2.75 Billion ▼ -53.1%
2010 1.21x $3.55 Billion $2.93 Billion ▲ +15.5%
2009 1.05x $3.17 Billion $3.02 Billion ▼ -23.6%
2008 1.37x $4.42 Billion $3.22 Billion ▼ -1.7%
2007 1.40x $4.24 Billion $3.03 Billion ▼ -6.5%
2006 1.50x $3.78 Billion $2.53 Billion ▼ -14.5%
2005 1.75x $3.19 Billion $1.82 Billion ▼ -24.2%
2004 2.31x $2.92 Billion $1.27 Billion ▲ +34.4%
2003 1.72x $1.81 Billion $1.05 Billion ▼ -60.0%
2002 4.29x $2.29 Billion $533.00 Million ▼ -81.4%
2001 23.10x $1.82 Billion $79.00 Million ▲ +719.4%
1999 2.82x $1.08 Billion $382.00 Million ▲ +39.0%
1998 2.03x $2.03 Billion $1.00 Billion ▲ +118.3%
1997 0.93x $1.21 Billion $1.30 Billion ▼ -23.5%
1996 1.21x $1.64 Billion $1.35 Billion ▼ -35.9%
1995 1.89x $1.29 Billion $682.00 Million ▲ +29.2%
1994 1.47x $1.49 Billion $1.02 Billion ▼ -16.7%
1993 1.76x $1.46 Billion $829.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.