Lockheed Martin Corporation (LMT)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,333,000 | 6,835,000 | 9,266,000 | 10,959,000 | 6,015,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,333,000K
= 0.00
Lockheed Martin Corporation's debt-to-equity ratio has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This ratio indicates that the company has not taken on any long-term debt to finance its operations during this period. A debt-to-equity ratio of 0.00 suggests that Lockheed Martin relies solely on equity financing, which may indicate a strong financial position and a lower level of financial risk compared to companies with higher debt levels. It is important to note that a debt-to-equity ratio of 0.00 could also imply that the company has no debt obligations, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024