Lockheed Martin Corporation (LMT) — Cash Flow Reinvestment Rate
Lockheed Martin Corporation (LMT) has a Cash Flow Reinvestment Rate of 0.19x as of September 2025, reinvesting $700.00 Million (capex $381.00 Million plus investments $-319.00 Million) from operating cash flow of $3.73 Billion. See LMT cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Lockheed Martin Corporation Cash Flow Reinvestment Rate (1992–2024)
Historical reinvestment intensity for Lockheed Martin Corporation across 33 annual periods. For the full cash flow conversion analysis, see Lockheed Martin Corporation cash flow conversion.
Annual Cash Flow Reinvestment Rate for Lockheed Martin Corporation (1992–2024)
Year-by-year capital reinvestment analysis for Lockheed Martin Corporation. See Lockheed Martin Corporation (LMT) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.50x | $3.48 Billion | $6.97 Billion | $1.69 Billion | ▲ +13.2% |
| 2023 | 0.44x | $3.49 Billion | $7.92 Billion | $1.69 Billion | ▼ -0.6% |
| 2022 | 0.44x | $3.46 Billion | $7.80 Billion | $1.67 Billion | ▲ +52.4% |
| 2021 | 0.29x | $2.68 Billion | $9.22 Billion | $1.52 Billion | ▼ -36.9% |
| 2020 | 0.46x | $3.78 Billion | $8.18 Billion | $1.77 Billion | ▲ +23.8% |
| 2019 | 0.37x | $2.73 Billion | $7.31 Billion | $1.48 Billion | ▼ -50.3% |
| 2018 | 0.75x | $2.35 Billion | $3.14 Billion | $1.28 Billion | ▲ +108.9% |
| 2017 | 0.36x | $2.32 Billion | $6.48 Billion | $1.18 Billion | ▼ -9.1% |
| 2016 | 0.39x | $2.05 Billion | $5.19 Billion | $1.06 Billion | ▲ +114.4% |
| 2015 | 0.18x | $939.00 Million | $5.10 Billion | $939.00 Million | ▼ -15.8% |
| 2014 | 0.22x | $845.00 Million | $3.87 Billion | $845.00 Million | ▲ +18.9% |
| 2013 | 0.18x | $836.00 Million | $4.55 Billion | $836.00 Million | ▼ -69.5% |
| 2012 | 0.60x | $942.00 Million | $1.56 Billion | $942.00 Million | ▲ +71.4% |
| 2011 | 0.35x | $1.50 Billion | $4.25 Billion | $987.00 Million | ▲ +26.0% |
| 2010 | 0.28x | $991.00 Million | $3.55 Billion | $820.00 Million | ▼ -21.6% |
| 2009 | 0.36x | $1.13 Billion | $3.17 Billion | $852.00 Million | ▲ +70.2% |
| 2008 | 0.21x | $926.00 Million | $4.42 Billion | $926.00 Million | ▼ -5.5% |
| 2007 | 0.22x | $940.00 Million | $4.24 Billion | $940.00 Million | ▼ -6.1% |
| 2006 | 0.24x | $893.00 Million | $3.78 Billion | $893.00 Million | ▼ -12.8% |
| 2005 | 0.27x | $865.00 Million | $3.19 Billion | $865.00 Million | ▲ +3.0% |
| 2004 | 0.26x | $769.00 Million | $2.92 Billion | $769.00 Million | ▼ -30.7% |
| 2003 | 0.38x | $687.00 Million | $1.81 Billion | $687.00 Million | ▲ +31.3% |
| 2002 | 0.29x | $662.00 Million | $2.29 Billion | $662.00 Million | ▼ -14.7% |
| 2001 | 0.34x | $619.00 Million | $1.82 Billion | $619.00 Million | ▲ +36.8% |
| 2000 | 0.25x | $500.00 Million | $2.02 Billion | $500.00 Million | ▼ -60.1% |
| 1999 | 0.62x | $669.00 Million | $1.08 Billion | $669.00 Million | ▲ +81.0% |
| 1998 | 0.34x | $697.00 Million | $2.03 Billion | $697.00 Million | ▼ -44.7% |
| 1997 | 0.62x | $750.00 Million | $1.21 Billion | $750.00 Million | ▲ +37.8% |
| 1996 | 0.45x | $737.00 Million | $1.64 Billion | $737.00 Million | ▲ +9.6% |
| 1995 | 0.41x | $531.00 Million | $1.29 Billion | $531.00 Million | ▲ +20.6% |
| 1994 | 0.34x | $509.00 Million | $1.49 Billion | $509.00 Million | ▼ -7.2% |
| 1993 | 0.37x | $536.00 Million | $1.46 Billion | $536.00 Million | ▼ -13.1% |
| 1992 | 0.42x | $498.00 Million | $1.18 Billion | $498.00 Million | — |