Lockheed Martin Corporation (LMT) — Cash Flow-to-Debt Ratio
Lockheed Martin Corporation (LMT) has a Cash Flow-to-Debt Ratio of 0.07x as of September 2025, meaning its operating cash flow of $3.73 Billion could theoretically repay 0% of its total liabilities ($54.09 Billion) in one year. See Lockheed Martin Corporation (LMT) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Lockheed Martin Corporation Cash Flow-to-Debt Ratio (1993–2024)
Historical debt coverage capacity for Lockheed Martin Corporation across 32 annual periods. For the full cash flow conversion analysis, see Lockheed Martin Corporation (LMT) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Lockheed Martin Corporation (1993–2024)
Year-by-year debt coverage analysis for Lockheed Martin Corporation. Check earnings quality score of Lockheed Martin Corporation to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.14x | $6.97 Billion | $49.28 Billion | ▼ -18.5% |
| 2023 | 0.17x | $7.92 Billion | $45.62 Billion | ▼ -3.0% |
| 2022 | 0.18x | $7.80 Billion | $43.61 Billion | ▼ -22.6% |
| 2021 | 0.23x | $9.22 Billion | $39.91 Billion | ▲ +26.1% |
| 2020 | 0.18x | $8.18 Billion | $44.67 Billion | ▲ +11.1% |
| 2019 | 0.16x | $7.31 Billion | $44.36 Billion | ▲ +128.1% |
| 2018 | 0.07x | $3.14 Billion | $43.43 Billion | ▼ -47.4% |
| 2017 | 0.14x | $6.48 Billion | $47.13 Billion | ▲ +22.3% |
| 2016 | 0.11x | $5.19 Billion | $46.20 Billion | ▲ +1.4% |
| 2015 | 0.11x | $5.10 Billion | $46.03 Billion | ▼ -3.5% |
| 2014 | 0.11x | $3.87 Billion | $33.67 Billion | ▼ -21.0% |
| 2013 | 0.15x | $4.55 Billion | $31.27 Billion | ▲ +259.7% |
| 2012 | 0.04x | $1.56 Billion | $38.62 Billion | ▼ -64.9% |
| 2011 | 0.12x | $4.25 Billion | $36.91 Billion | ▲ +1.9% |
| 2010 | 0.11x | $3.55 Billion | $31.36 Billion | ▲ +10.4% |
| 2009 | 0.10x | $3.17 Billion | $30.98 Billion | ▼ -29.2% |
| 2008 | 0.14x | $4.42 Billion | $30.57 Billion | ▼ -34.8% |
| 2007 | 0.22x | $4.24 Billion | $19.12 Billion | ▲ +25.2% |
| 2006 | 0.18x | $3.78 Billion | $21.35 Billion | ▲ +10.3% |
| 2005 | 0.16x | $3.19 Billion | $19.88 Billion | ▲ +1.8% |
| 2004 | 0.16x | $2.92 Billion | $18.53 Billion | ▲ +69.4% |
| 2003 | 0.09x | $1.81 Billion | $19.42 Billion | ▼ -19.0% |
| 2002 | 0.12x | $2.29 Billion | $19.89 Billion | ▲ +33.7% |
| 2001 | 0.09x | $1.82 Billion | $21.21 Billion | ▼ -1.0% |
| 2000 | 0.09x | $2.02 Billion | $23.19 Billion | ▲ +90.9% |
| 1999 | 0.05x | $1.08 Billion | $23.65 Billion | ▼ -49.3% |
| 1998 | 0.09x | $2.03 Billion | $22.61 Billion | ▲ +72.4% |
| 1997 | 0.05x | $1.21 Billion | $23.18 Billion | ▼ -28.7% |
| 1996 | 0.07x | $1.64 Billion | $22.40 Billion | ▼ -36.6% |
| 1995 | 0.12x | $1.29 Billion | $11.21 Billion | ▼ -7.7% |
| 1994 | 0.12x | $1.49 Billion | $11.96 Billion | ▲ +1.9% |
| 1993 | 0.12x | $1.46 Billion | $11.91 Billion | — |