Lockheed Martin Corporation (LMT)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 7,017,000 | 8,622,000 | 8,553,000 | 8,426,000 | 8,479,000 | 8,486,000 | 8,558,000 | 8,424,000 | 8,287,000 | 8,407,000 | 8,589,000 | 8,784,000 | 9,061,000 | 8,853,000 | 8,687,000 | 8,749,000 | 8,654,000 | 8,563,000 | 8,490,000 | 8,270,000 |
| Revenue (ttm) | US$ in thousands | 71,043,000 | 71,295,000 | 71,069,000 | 69,640,000 | 67,571,000 | 67,688,000 | 67,393,000 | 66,146,000 | 65,984,000 | 64,722,000 | 64,167,000 | 65,750,000 | 67,044,000 | 66,347,000 | 66,814,000 | 66,005,000 | 65,398,000 | 64,244,000 | 62,920,000 | 61,127,000 |
| Gross profit margin | 9.88% | 12.09% | 12.03% | 12.10% | 12.55% | 12.54% | 12.70% | 12.74% | 12.56% | 12.99% | 13.39% | 13.36% | 13.52% | 13.34% | 13.00% | 13.26% | 13.23% | 13.33% | 13.49% | 13.53% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,017,000K ÷ $71,043,000K
= 9.88%
Lockheed Martin Corporation's gross profit margin declined from 13.53% as of March 31, 2020, to 9.88% as of December 31, 2024. Throughout the period, the gross profit margin experienced fluctuations, reaching a peak of 13.52% on December 31, 2021, and a trough of 9.88% on December 31, 2024. Overall, the trend shows a gradual decrease over the years, indicating potential challenges in managing production costs or pricing strategies. This downward trend may require further analysis to identify the underlying factors impacting the company's profitability at the gross level.
See also:
Lockheed Martin Corporation Gross Profit Margin (Quarterly Data)