Lockheed Martin Corporation (LMT)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 7,731,000 7,013,000 8,507,000 8,348,000 9,123,000
Total assets US$ in thousands 59,840,000 55,617,000 52,456,000 52,880,000 50,873,000
Operating ROA 12.92% 12.61% 16.22% 15.79% 17.93%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $7,731,000K ÷ $59,840,000K
= 12.92%