Lockheed Martin Corporation (LMT)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 59,840,000 | 55,617,000 | 52,456,000 | 52,880,000 | 50,873,000 |
| Total stockholders’ equity | US$ in thousands | 6,721,000 | 6,333,000 | 6,835,000 | 9,266,000 | 10,959,000 |
| Financial leverage ratio | 8.90 | 8.78 | 7.67 | 5.71 | 4.64 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $59,840,000K ÷ $6,721,000K
= 8.90
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Lockheed Martin Corporation
LMT
8.90
GE Aerospace
GE
6.97
General Dynamics Corporation
GD
2.23
Hexcel Corporation
HXL
—
L3Harris Technologies Inc
LHX
2.10
Northrop Grumman Corporation
NOC
3.08
Raytheon Technologies Corp
RTX
2.62
Textron Inc
TXT
2.30
The Boeing Company
BA
30.85
Transdigm Group Incorporated
TDG
—
Woodward Inc
WWD
1.80