Lockheed Martin Corporation Cash Flow Quality Index
Lockheed Martin Corporation cash flow quality index. 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. See LMT free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Lockheed Martin Corporation (1993–2024)
Cash flow quality index of Lockheed Martin Corporation from 1993 to 2024. Historical Cash Flow Quality Index for Lockheed Martin Corporation across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Lockheed Martin Corporation service its debt to assess how comfortably operating cash covers total debt obligations.
Lockheed Martin Corporation Cash Flow Quality Index by Year (1993–2024)
Lockheed Martin Corporation cash flow quality index by year from 1993 to 2024. Year-by-year earnings quality comparison for Lockheed Martin Corporation. For the full cash flow conversion analysis, see LMT cash flow metrics.
| 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 | — |