Lockheed Martin Corporation Financial Flexibility Index
Lockheed Martin Corporation financial flexibility index. Lockheed Martin Corporation (LMT) has a Financial Flexibility Index of 0.08x as of September 2025. Free cash flow of $4.11 Billion (operating CF $3.73 Billion minus capex $381.00 Million) represents 0% of total liabilities ($54.09 Billion). See Lockheed Martin Corporation (LMT) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Lockheed Martin Corporation (1993–2024)
Financial flexibility index of Lockheed Martin Corporation from 1993 to 2024. Historical Financial Flexibility Index trend for Lockheed Martin Corporation across 32 annual periods. Check Lockheed Martin Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Lockheed Martin Corporation Financial Flexibility Index by Year (1993–2024)
Lockheed Martin Corporation financial flexibility index by year from 1993 to 2024. Year-by-year free cash flow to debt coverage for Lockheed Martin Corporation. For the full cash flow conversion analysis, see Lockheed Martin Corporation cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.18x | $8.66 Billion | $6.97 Billion | $49.28 Billion | ▼ -16.6% |
| 2023 | 0.21x | $9.61 Billion | $7.92 Billion | $45.62 Billion | ▼ -3.0% |
| 2022 | 0.22x | $9.47 Billion | $7.80 Billion | $43.61 Billion | ▼ -19.3% |
| 2021 | 0.27x | $10.74 Billion | $9.22 Billion | $39.91 Billion | ▲ +20.9% |
| 2020 | 0.22x | $9.95 Billion | $8.18 Billion | $44.67 Billion | ▲ +12.3% |
| 2019 | 0.20x | $8.79 Billion | $7.31 Billion | $44.36 Billion | ▲ +95.0% |
| 2018 | 0.10x | $4.42 Billion | $3.14 Billion | $43.43 Billion | ▼ -37.4% |
| 2017 | 0.16x | $7.65 Billion | $6.48 Billion | $47.13 Billion | ▲ +20.0% |
| 2016 | 0.14x | $6.25 Billion | $5.19 Billion | $46.20 Billion | ▲ +3.1% |
| 2015 | 0.13x | $6.04 Billion | $5.10 Billion | $46.03 Billion | ▼ -6.2% |
| 2014 | 0.14x | $4.71 Billion | $3.87 Billion | $33.67 Billion | ▼ -18.7% |
| 2013 | 0.17x | $5.38 Billion | $4.55 Billion | $31.27 Billion | ▲ +165.5% |
| 2012 | 0.06x | $2.50 Billion | $1.56 Billion | $38.62 Billion | ▼ -54.3% |
| 2011 | 0.14x | $5.24 Billion | $4.25 Billion | $36.91 Billion | ▲ +2.0% |
| 2010 | 0.14x | $4.37 Billion | $3.55 Billion | $31.36 Billion | ▲ +7.2% |
| 2009 | 0.13x | $4.03 Billion | $3.17 Billion | $30.98 Billion | ▼ -25.7% |
| 2008 | 0.17x | $5.35 Billion | $4.42 Billion | $30.57 Billion | ▼ -35.5% |
| 2007 | 0.27x | $5.18 Billion | $4.24 Billion | $19.12 Billion | ▲ +23.7% |
| 2006 | 0.22x | $4.68 Billion | $3.78 Billion | $21.35 Billion | ▲ +7.3% |
| 2005 | 0.20x | $4.06 Billion | $3.19 Billion | $19.88 Billion | ▲ +2.5% |
| 2004 | 0.20x | $3.69 Billion | $2.92 Billion | $18.53 Billion | ▲ +55.0% |
| 2003 | 0.13x | $2.50 Billion | $1.81 Billion | $19.42 Billion | ▼ -13.3% |
| 2002 | 0.15x | $2.95 Billion | $2.29 Billion | $19.89 Billion | ▲ +28.7% |
| 2001 | 0.12x | $2.44 Billion | $1.82 Billion | $21.21 Billion | ▲ +6.2% |
| 2000 | 0.11x | $2.52 Billion | $2.02 Billion | $23.19 Billion | ▲ +47.0% |
| 1999 | 0.07x | $1.75 Billion | $1.08 Billion | $23.65 Billion | ▼ -38.8% |
| 1998 | 0.12x | $2.73 Billion | $2.03 Billion | $22.61 Billion | ▲ +42.9% |
| 1997 | 0.08x | $1.96 Billion | $1.21 Billion | $23.18 Billion | ▼ -20.3% |
| 1996 | 0.11x | $2.37 Billion | $1.64 Billion | $22.40 Billion | ▼ -34.8% |
| 1995 | 0.16x | $1.82 Billion | $1.29 Billion | $11.21 Billion | ▼ -2.9% |
| 1994 | 0.17x | $2.00 Billion | $1.49 Billion | $11.96 Billion | ▼ -0.1% |
| 1993 | 0.17x | $2.00 Billion | $1.46 Billion | $11.91 Billion | — |