Lockheed Martin Corporation (LMT) — Working Capital to Net Assets Ratio
Lockheed Martin Corporation (LMT) has a Working Capital to Net Assets ratio of 47.9% as of September 2025. Working capital of $2.96 Billion (current assets of $25.94 Billion minus current liabilities of $22.97 Billion) is measured against net assets of $6.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Lockheed Martin Corporation (LMT) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lockheed Martin Corporation Working Capital to Net Assets (1993–2024)
This chart shows how Lockheed Martin Corporation's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 47.9%, reflecting working capital of $2.96 Billion against net assets of $6.18 Billion USD. Check Lockheed Martin Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Lockheed Martin Corporation (1993–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lockheed Martin Corporation from 1993 to 2024, covering 32 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see LMT market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 38.4% | $2.43 Billion | $6.33 Billion | $21.85 Billion | $19.42 Billion | ▼ -14.1 pp |
| 2023 | 52.4% | $3.58 Billion | $6.83 Billion | $20.52 Billion | $16.94 Billion | ▼ -2.6 pp |
| 2022 | 55.1% | $5.10 Billion | $9.27 Billion | $20.99 Billion | $15.89 Billion | ▲ +2.0 pp |
| 2021 | 53.1% | $5.82 Billion | $10.96 Billion | $19.82 Billion | $14.00 Billion | ▼ -37.1 pp |
| 2020 | 90.2% | $5.45 Billion | $6.04 Billion | $19.38 Billion | $13.93 Billion | ▼ -8.3 pp |
| 2019 | 98.5% | $3.12 Billion | $3.17 Billion | $17.09 Billion | $13.97 Billion | ▼ -19.2 pp |
| 2018 | 117.7% | $1.71 Billion | $1.45 Billion | $16.10 Billion | $14.40 Billion | ▲ +909.8 pp |
| 2017 | -792.1% | $4.82 Billion | $-609.00 Million | $17.46 Billion | $12.64 Billion | ▼ -951.9 pp |
| 2016 | 159.8% | $2.57 Billion | $1.61 Billion | $15.11 Billion | $12.54 Billion | ▲ +143.1 pp |
| 2015 | 16.7% | $516.00 Million | $3.10 Billion | $14.57 Billion | $14.06 Billion | ▼ -19.1 pp |
| 2014 | 35.8% | $1.22 Billion | $3.40 Billion | $12.33 Billion | $11.11 Billion | ▼ -9.1 pp |
| 2013 | 44.9% | $2.21 Billion | $4.92 Billion | $13.33 Billion | $11.12 Billion | ▼ -4314.1 pp |
| 2012 | 4359.0% | $1.70 Billion | $39.00 Million | $13.86 Billion | $12.15 Billion | ▲ +4162.8 pp |
| 2011 | 196.2% | $1.96 Billion | $1.00 Billion | $14.09 Billion | $12.13 Billion | ▲ +150.6 pp |
| 2010 | 45.6% | $1.69 Billion | $3.71 Billion | $12.85 Billion | $11.16 Billion | ▲ +2.6 pp |
| 2009 | 43.0% | $1.78 Billion | $4.13 Billion | $12.45 Billion | $10.67 Billion | ▲ +38.1 pp |
| 2008 | 4.9% | $141.00 Million | $2.87 Billion | $10.68 Billion | $10.54 Billion | ▼ -6.0 pp |
| 2007 | 10.9% | $1.07 Billion | $9.80 Billion | $10.94 Billion | $9.87 Billion | ▲ +2.0 pp |
| 2006 | 8.9% | $611.00 Million | $6.88 Billion | $10.16 Billion | $9.55 Billion | ▼ -5.1 pp |
| 2005 | 14.0% | $1.10 Billion | $7.87 Billion | $10.53 Billion | $9.43 Billion | ▲ +8.5 pp |
| 2004 | 5.5% | $387.00 Million | $7.02 Billion | $8.95 Billion | $8.57 Billion | ▼ -2.0 pp |
| 2003 | 7.5% | $508.00 Million | $6.76 Billion | $9.40 Billion | $8.89 Billion | ▼ -6.2 pp |
| 2002 | 13.7% | $805.00 Million | $5.87 Billion | $10.63 Billion | $9.82 Billion | ▼ -3.2 pp |
| 2001 | 16.9% | $1.09 Billion | $6.44 Billion | $10.78 Billion | $9.69 Billion | ▲ +1.8 pp |
| 2000 | 15.1% | $1.08 Billion | $7.16 Billion | $11.26 Billion | $10.18 Billion | ▼ -14.5 pp |
| 1999 | 29.6% | $1.88 Billion | $6.36 Billion | $10.70 Billion | $8.81 Billion | ▲ +24.0 pp |
| 1998 | 5.6% | $344.00 Million | $6.14 Billion | $10.61 Billion | $10.27 Billion | ▼ -12.1 pp |
| 1997 | 17.7% | $916.00 Million | $5.18 Billion | $10.11 Billion | $9.19 Billion | ▼ -0.3 pp |
| 1996 | 18.0% | $1.24 Billion | $6.86 Billion | $9.94 Billion | $8.70 Billion | ▼ -26.8 pp |
| 1995 | 44.9% | $2.89 Billion | $6.43 Billion | $8.18 Billion | $5.29 Billion | ▲ +3.7 pp |
| 1994 | 41.2% | $2.51 Billion | $6.09 Billion | $8.14 Billion | $5.63 Billion | ▲ +7.2 pp |
| 1993 | 34.0% | $1.77 Billion | $5.20 Billion | $6.96 Billion | $5.19 Billion | — |