Lockheed Martin Corporation (LMT) — 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). Check strategic asset allocation of Lockheed Martin Corporation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Lockheed Martin Corporation Financial Flexibility Index (1993–2024)
Historical Financial Flexibility Index trend for Lockheed Martin Corporation across 32 annual periods. See LMT working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Lockheed Martin Corporation (1993–2024)
Year-by-year free cash flow to debt coverage for Lockheed Martin Corporation. For the full company profile including market capitalisation, see market cap of Lockheed Martin Corporation.
| 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 | — |