Lockheed Martin Corporation (LMT) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.19x

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. Check Lockheed Martin Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.19x
(Capex + Investments) / Operating CF

Total Reinvested

$700.00 Million
Capex + Investments

Operating Cash Flow

$3.73 Billion
USD

Capital Expenditures

$381.00 Million
USD

Lockheed Martin Corporation Cash Flow Reinvestment Rate (1992–2024)

Historical reinvestment intensity for Lockheed Martin Corporation across 33 annual periods. Explore investment intensity of Lockheed Martin Corporation to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Lockheed Martin Corporation (1992–2024)

Year-by-year capital reinvestment analysis for Lockheed Martin Corporation. For live market cap and broader valuation context, see how much is Lockheed Martin Corporation worth.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow